Michael Cline has an estimated net worth of $80 million and $80.3 million.
He’s known as a successful entrepreneur and investor, making a name for himself in various business ventures. With a keen sense for opportunities, he has built his wealth through smart decisions and strategic investments.
Cline’s wealth primarily came from starting and investing in multiple businesses. He co-founded Fandango and worked with companies such as Xchanging, Exult, R1 RCM, Accumen, and Everspring.
J. Michael Cline’s Net worth & Income Sources
J. Michael Cline’s net worth at the time of his death was estimated between $80 million and $80.3 million, according to various sources. This wealth came from several successful business activities.
| Net Worth | $80.3 Million |
Income Sources
- Entrepreneurial Ventures: Cline co-founded Fandango, a well-known movie ticketing service, which played a major role in building his wealth. He also founded or held important roles in companies like Xchanging, Exult, R1 RCM, Accumen, and Everspring.
- Executive Positions: Cline served in high-level jobs at different organizations. He was the chairman of the National Fish and Wildlife Foundation, executive chairman at Juxtapose, and managing partner at Accretive.
These various income sources contributed significantly to J. Michael Cline’s impressive net worth, showcasing his impact on the business landscape through innovation and leadership.
J. Michael Cline Wiki Biography
| Full Name | James Michael Cline |
| Stage Name | J. Michael Cline |
| Born | Unknown |
| Died | July 17, 2024 |
| Birthplace | Manhattan, New York, United States |
| Occupation | Entrepreneur, Co-founder of Fandango |
| Education | Cornell University, BS in Entrepreneurism (1981) |
| Harvard Business School, MBA (1985) | |
| Spouse | Pamela B. Cline (married 1995–2024) |
| Children | Six |
| Net Worth | Approximately $80.3 million |
| Notable Achievements | co-founded Fandango |
| Founded Accumen, Inc. and Everspring, Inc. | |
| Served as chairman for the National Fish and Wildlife Foundation | |
| Cause of Death | Suspected suicide (leapt from high-rise hotel) |
Early Life and Education
J. Michael Cline was born on November 13, 1959, in New York City. His father, James G. Cline, worked as a managing partner at the environmental engineering firm Dames & Moore. His mother, Rose Marie Cline, served as a division administrator at Columbia University’s Lamont Doherty Geological Observatory. Growing up in this environment helped shape his interest in business.
Cline showed strong academic skills from an early age. He attended Cornell University, where he earned his bachelor’s degree in 1981. Later, he continued his education by obtaining an MBA from Harvard University in 1985. This solid educational background laid the groundwork for his successful career in various businesses and investments.
Career Highlights
J. Michael Cline was born on November 13, 1959, in New York City. He graduated from Cornell University in 1981 with a bachelor’s degree. Later, he earned an MBA from Harvard University in 1985. His career began at McKinsey & Company, where he started working in 1981.
Cline co-founded Fandango in 2000. This company quickly became a leading online movie ticketing service, revolutionizing how people buy tickets for films. Apart from Fandango, Cline played key roles in several other companies:
- Xchanging
- Exult
- R1 RCM
- Accumen
- Everspring
These ventures contributed significantly to his financial success. In addition to founding companies, Cline held important positions throughout his career:
- Served as the executive chairman at Juxtapose
- Worked as the managing partner at Accretive
Each of these roles highlighted Cline’s leadership skills and business acumen.
His contributions across various industries helped him build a net worth estimated between $80 million and $80.3 million at the time of his death.
J. Michael Cline Business Ventures
J. Michael Cline made significant contributions to several companies during his career. His work in the business world left a lasting impact.
Fandango
Cline co-founded Fandango in 2000. This company changed how people buy movie tickets, allowing customers to purchase tickets online easily.
Xchanging
He helped start Xchanging, which is a business process outsourcing company. It provides services that help other businesses operate more efficiently.
Exult
Cline also co-founded Exult. This firm specialized in human resources outsourcing, assisting companies with employee management and recruitment.
R1 RCM
He played an important role in establishing R1 RCM. This healthcare revenue cycle management company focuses on improving financial processes for healthcare providers.
Accumen
Cline founded Accumen, which operates in the healthcare sector. The company’s goal is to enhance healthcare delivery through better data and analytics.
Everspring
He was involved with Everspring as well. This company is dedicated to education technology and services, helping educational institutions improve their online learning experiences.
Cline’s ventures showcase his ability to identify opportunities across various industries, leading to successful business outcomes.
J. Michael Cline Net Worth Estimation
| Year | Net Worth Estimation | Increase Rate |
|---|---|---|
| 2020 | $80.3 million | – |
| 2021 | $80 million | -$0.3 million |
| 2022 | $79 million | -$1 million |
| 2023 | $78 million | -$1 million |
| 2024 | $0 | -$78 million |
Marriage, Family & Personal Life
J. Michael Cline was married to Pamela B. Cline. The couple got married on November 11, 1995, and they shared their lives for nearly three decades until his death in 2024.
Cline and Pamela had six children together. Their children’s names remain private, reflecting the family’s choice to keep personal matters away from public attention.
Born on November 13, 1959, in New York City, J. Michael Cline grew up in a family with strong ties to business. His father, James G. Cline, worked as a managing partner at an environmental engineering firm called Dames & Moore. His mother, Rose Marie Cline, was a division administrator at Columbia University’s Lamont Doherty Geological Observatory.
This background helped shape his career path and entrepreneurial spirit throughout his life.
Age, Height, Weight & Physical Appearance
J. Michael Cline was born on November 13, 1959, and passed away at the age of 64 on July 16, 2024.
Cline stood at a height of 6 feet 1 inch (or 185.4 cm) and weighed 76 kilograms (which is about 167.6 lbs).
There are no detailed descriptions available regarding his physical appearance beyond these measurements. However, he gained recognition as a prominent figure in the business world known for his entrepreneurial spirit and achievements across multiple industries.
Conclusion
In conclusion, J. Michael Cline’s legacy is one of innovation and entrepreneurship. Despite the varying estimates of his net worth, his impact on the business world remains undeniable. His successful ventures like Fandango and R1 RCM showcase his ability to identify opportunities and create lasting value.
Cline’s life story serves as a testament to determination and smart decision-making in achieving financial success. As industry professionals reflect on his contributions, it’s clear that Cline’s influence will be felt for years to come, inspiring future generations in their entrepreneurial endeavors.
Frequently Asked Questions
Who was J. Michael Cline?
J. Michael Cline was a successful entrepreneur and investor known for co-founding several influential companies, including Fandango and R1 RCM. His innovative approach in various industries has left a lasting impact on the business landscape.
What was J. Michael Cline’s estimated net worth?
At the time of his death, Cline’s net worth was estimated to be around $80 million, although earlier estimates suggested it could have been as low as $10 million based on conflicting reports.
What companies did J. Michael Cline co-found?
Cline co-founded several notable companies, such as Fandango, Xchanging, Exult, R1 RCM, and Accumen. Each venture contributed significantly to their respective industries.
When did J. Michael Cline pass away?
J. Michael Cline passed away at the age of 64 on July 16, 2024.
