What is John Legere Net Worth?
John Legere is an American telecommunications executive with an estimated net worth of $350 million. He is best known for serving as CEO of T-Mobile US from 2012 to 2020, where he transformed the company into a major competitor through its disruptive “Un-carrier” strategy.
Legere’s wealth stems largely from executive compensation, stock awards, and equity holdings accumulated during T-Mobile’s rapid growth and its merger with Sprint.
| John Legere Net Worth | $350 Million |
| Date of Birth | June 4, 1958 |
| Place of Birth | Massachusetts, USA |
John Legere Salary
Legere’s base salary was relatively modest compared with his total earnings, which were heavily performance-based.
- Base salary: about $1.5 million annually
- 2017 total compensation: over $23 million
- 2018 total compensation: $66.5 million
- 2020 total compensation: $137.2 million
His pay packages included performance bonuses, stock grants, and incentives tied to subscriber growth and company valuation.
When he stepped down as CEO in 2019, Legere reportedly received:
- $27 million in salary
- $100 million in severance compensation
Equity Holdings
According to a 2020 SEC filing, Legere owned approximately 2.7 million shares of T-Mobile US.
At the time, the holdings had an estimated pre-tax market value of about $250 million, accounting for a substantial portion of his net worth.
Career Before T-Mobile
Before joining T-Mobile, Legere held senior leadership roles across the telecommunications and technology sectors.
AT&T
He spent nearly 20 years at AT&T, gaining deep experience in telecom operations and strategy.
Global Crossing
Legere served as CEO, helping restructure the company after bankruptcy.
Dell
He worked as a senior vice president, expanding his experience in technology and global operations.
The “Un-carrier” Revolution
Legere became CEO of T-Mobile in 2012 and introduced the “Un-carrier” strategy, which disrupted the wireless industry by:
- Eliminating long-term service contracts
- Removing roaming and overage fees
- Simplifying pricing plans
- Offering consumer-friendly benefits
The approach dramatically increased subscriber growth and strengthened T-Mobile’s competitive position.
His tenure culminated in the landmark merger between T-Mobile and Sprint Corporation, creating a stronger competitor in the U.S. wireless market.
Education and Early Life
John Legere was born in Massachusetts in June 1958.
He earned:
- B.B.A. from the University of Massachusetts Amherst
- M.S. from the MIT Sloan School of Management
- M.B.A. from Fairleigh Dickinson University
During college, he was a nationally competitive runner and later completed the Boston Marathon in 2004.
Industry Roles
Legere has served on the board of CTIA, the wireless industry’s trade association, contributing to policy and industry development.
John Legere Net Worth
John Legere net worth is approximately $350 million.
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