Charles Dolan, cable TV pioneer and founder of HBO, died at 98 with a net worth of $5.4 billion.

Charles Dolan, the founder of HBO and Cablevision Systems Corp., died at 98. Dolan, a pioneer in cable broadcasting, launched HBO in 1972 and founded Cablevision in 1973. He also created American Movie Classics in 1984 and News 12, the first 24-hour local news cable channel. Dolan's family-owned businesses included Madison Square Garden, Radio City Music Hall, and the New York Knicks and Rangers. His net worth was around $5.4 billion.

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