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Ted Turner is an 85-year-old American entrepreneur and television producer. Ted's net worth is $2.5 billion.
As cable systems developed, many carried his station to free their schedules, which increased his viewers and advertising. The number of subscribers eventually reached 2 million and Turner's net worth rose to $100 million. He bought a 5,000-acre (2,000 ha) plantation in Jacksonboro, South Carolina, for $2 million. [21]
- What Is Ted Turner's Net Worth?
- Early Life
- Turner Advertising Company
- Turner Broadcasting Systems
- CNN
- Turner Entertainment
- AOL Time Warner
- Other Work
- Personal Life
- Jane Fonda Divorce Settlement
Ted Turner is an American media giant and entrepreneur who has a net worth of $2.2 billion. Ted Turner earned his fortune as the creator of CNN, TNT, and TBS and as the former owner of the Atlanta Braves. Turner has left his mark on the media landscape by creating CNN, TBS, MGM, TNT, and Cartoon Network. Outside of his media empire, Turner owns Ted...
Ted Turner was born on November 19, 1938, in Cincinnati, Ohio. His family moved to Savannah, Georgia, when he was a young boy. Turner attended a private all-boys academy called The McCallie School in Chattanooga, Tennessee. He then attended Brown University, where he was the captain of the sailing team and vice president of the Brown Debating Union...
After he was expelled from school, Turner took over his father's thriving Billboard business in Macon, Georgia. After his father committed suicide in March 1963, he installed himself as the president and chief executive of Turner Advertising Company. The business became quite a success, especially during the Vietnam War, and Ted used the profits to...
Turner then sold the radio stations and bought a UHF television station, WTCG. He was sure it would be a money maker, and it was. He would pick up shows that VHF would let go, including "I Love Lucy," "Gilligan's Island," "Star Trek," and others. Later, he bought UHF station WRET, channel 36. In 1976, Turner bought the Atlanta Braves and the Atlant...
In 1978, Turner contacted media exec Reese Schonfeld about plans to found a 24-hour news channel. They agreed it could be done with a staff of 300 if they used an all-electronic newsroom and satellites for all transmissions. The next year, Ted sold WRET to fund the transaction and established its headquarters in Atlanta. Schonfeld was appointed pre...
In 1986, Ted created Turner Entertainment, established to oversee film and TV properties owned by Turner. He acquired MGM's library of 2,200 films made before 1986 and had them syndicated on his nationwide TV stations. When broadcasting older films, Turner aired colorized versions of films originally shot in black and white, drawing ire from cineph...
In 1988, Turner purchased Jim Crockett Promotions, which he changed to World Championship Wrestling, which became the main competitor to Vince McMahon'sWorld Wrestling Federation (WWF). The same year, he introduced Turner Network Television (TNT) with "Gone with the Wind." TNT initially showed older movies and TV shows and then eventually added ori...
Ted Turner is also the creator of the animated television show "Captain Planet and the Planeteers." He is the co-founder of Ted's Montana Grill, which now has expanded to 46 restaurants located in 16 states. Turner and George McKerrow Jr. (a restaurateur) opened their first Ted's Montana Grill in Columbus, Ohio, in 2010.
Ted is a noted philanthropist who gave the largest single gift of all time to the United Nations. In 2010, he joined Warren Buffet's The Giving Pledge, vowing to donate the majority of his fortune to charity upon his death. Turner has been married three times. The first was Judy Nye (1960), then Jane Shirley Smith (1965), and finally actress Jane F...
Ted reportedly paid Jane over $100 million in liquid assets alone (cash, stock), including stock in his company right before it merged with AOL at the peak of the dot-com bubble. She also received several valuable real estate assets, such as a 2,500-acre ranch. And while that may seem like a big deal, a single 2,500-acre ranch is a tiny speck in Te...
- Celebrity Net Worth
Jan 1, 2022 · Ted Turner is a pioneer in many fields, including social investing. Maura Donlan takes a look back at how Turner transformed the philanthropic ecosystem while creating early prototypes of impact-first social businesses at the same time.
But just how much is Ted Turner’s net worth? In this article, we will delve into Turner’s financial empire and explore the factors that have contributed to his impressive wealth. As of 2021, Ted Turner’s net worth is estimated to be around $2.2 billion.
If you started with $10,000 and invested an additional $500 each month at a 43.99% CAGR, it would take you 5 years to reach Ted Turner's net worth of $2.47B. Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future.
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His net worth is $2.6 billion! That’s a lot of money, like a giant mountain of coins. He’s one of the wealthiest people in America and a big name in TV and news.
