1. David Margolese is an Israeli entrepreneur, philanthropist, and co-founder of Sirius XM Radio, serving as chairman and CEO from 1993 to 2002.
12 Facts About David Margolese
1. 2.
David Margolese attended the University of British Columbia, dropping out after one year.
3.
In 1978, at the age of 20, Margolese founded Canadian Telecom, a Vancouver-based radio paging company.
4.
David Margolese struggled in his early years as an entrepreneur.
5.
David Margolese's company joined with Rogers Communications to form Cantel.
6.
David Margolese cashed out of the company in 1989 to found his next venture.
7.
David Margolese believed that, like cable TV, satellite radio would find an audience willing to pay for variety.
8.
In 1999, David Margolese changed the name of CD Radio to Sirius Satellite Radio, so as not to be identified with the outdated technology of compact discs.
9.
David Margolese designed Sirius's $40 million headquarters at Rockefeller Center in Manhattan.
10.
David Margolese was named one of ten finalists for the 1999 Entrepreneur of the Year by Harvard Business School.
11.
David Margolese was inducted into NASA's Space Technology Hall of Fame in 2002.
12.
In 2002, David Margolese moved to Israel, where he lives with his wife Michal and their six children.