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Around $450 million
- Today the estimated net worth of Peter Chernin is around $450 million as of May 2024, and he has earned most of his wealth from his intelligent investments.
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May 4, 2023 · What is the salary of Peter Chernin? As the Independent Director of American Express Co, the total compensation of Peter Chernin at American Express Co is $389,852. There are 14 executives at American Express Co getting paid more, with Stephen Squeri having the highest compensation of $23,796,000.
- What Is Peter Chernin's Net Worth?
- Early Life
- Career Beginnings
- News Corporation and Fox
- The Chernin Group
- Barstool Sports
- Board Appointments
- Personal Life and Philanthropy
Peter Chernin is an American entertainment and media executive who has a net worth of $400 million. Peter Chernin is known for founding The Chernin Group, of which he is also the CEO. TCG operates and invests in businesses in the entertainment and technology sectors, with its entertainment wing having produced such major motion pictures as "The Hea...
Peter Chernin was born on May 29, 1951 in Harrison, New York to Herbert and Mary. He was raised in the Unitarian faith, although his father was Jewish. For his higher education, Chernin went to the University of California, Berkeley, from which he graduated with a bachelor's degree in English literature.
Chernin began his career in the publishing industry. He first served as an associate publicity director at St. Martin's Press, and then became an editor at Warner Books. Following this, Chernin served as vice president of Development and Production at the David Gerber Company. He subsequently joined Showtime Networks, where he was the executive vic...
In 1989, Chernin became the president and COO of Rupert Murdoch's News Corporation. At the mass media company, he oversaw global operations such as the production and distribution of film and television and the expansion into digital media. Chernin also served as chairman and CEO of Fox Entertainment Group, a holding of News Corporation. During his...
In 2010, Chernin founded his own holding company, The Chernin Group; he also became its chairman and CEO. The company's assets include the film and television production company Chernin Entertainment and stakes in such media companies as CA Media, Tumblr, Pandora, and Flipboard. Chernin Entertainment has been notable for producing a number of major...
In 2016, The Chernin Group bought a 50% stake in Barstool Sports from founder Dave Portnoy for $10-15 million. By 2018 he had invested a total of $25 million to increase his stake to 60%. In January 2020, Penn National Gaming bought a 36% stake in Barstoolat a valuation of $450 million. Chernin's stake after the transaction was reduced from 60% to ...
Beyond TCG, Chernin has held a number of board appointments at other companies. He sits on the board of American Express, and has previously sat on the boards of Twitter, DirecTV, E-Trade, and Pandora. Additionally, Chernin is the co-chair of the board of visitors at his alma mater, the University of California, Berkeley, and serves as a senior adv...
In 1980, Chernin married Megan Brody; together, they have three children. On the philanthropic side of things, Chernin co-founded the non-profit organization Malaria No More with Raymond G. Chambers in 2006. The group works by fostering political engagement, advocacy, and funding efforts to eradicate malaria around the world. Malaria No More also c...
Peter Chernin (born May 29, 1951) is an ... Fox News Channel, FX, Fox Sports Net, ... At the same time CA Media also invested in Only Much Louder, a music, live ...
The estimated net worth of Peter Chernin is at least $8 Million dollars as of 2024-05-21. Peter Chernin is the Director of American Express Co and owns about 24,400 shares of American Express Co (AXP) stock worth over $6 Million .
Jul 6, 2022 · By the numbers: North Road acquired Red Arrow Studios' assets on June 30. A source familiar with the transaction said the deal was valued at $180 million, which valued Red Arrow at roughly 4.9x its EBITDA of $41.2 million.
Jul 6, 2022 · July 6, 2022 at 11:26 AM PDT. The economy may be slowing down, but money is still flowing into Hollywood. Media mogul Peter Chernin raised $800 million from two private equity giants, funds he ...
Oct 30, 2014 · Oct. 29, 2014. SANTA MONICA, Calif. — When Peter Chernin stepped down as Rupert Murdoch’s second in command in 2009 and became an independent movie and television producer, the likeliest ...
