Falcon Crest
1981
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Chapter 11 bankruptcy
- During the 1990s, Adelson placed his considerable wealth in dotcoms, parlaying dozens of investments into a huge portfolio. When the stock market bubble burst in 2000, he lost $112 million. Then, to the shock of his friends, he filed for Chapter 11 bankruptcy to protect his assets.
variety.com › 2005 › scene
Sep 25, 2022 · Barbara Walters' Ex Went Bankrupt at 83 & His Life Ended In Nursing Home after Court Case with Much Younger Wife. Barbara Walters was married three times. Her third husband, Merv Adelson, moved on with a much younger wife, who bore him two daughters. However, the marriage crashed after a decade.
Nov 10, 2003 · Crash Landing Merv Adelson--TV mogul, multimillionaire, and friend of the famous--lived a show-business fantasy. His bankruptcy has shocked Hollywood.
Sep 11, 2015 · Merv Adelson, co-founder of the TV giant Lorimar, died Wednesday at 85. Adelson often discussed his rise to fame and fortune -- and how he lost it all.
Apr 16, 2013 · Former TV hotshot Merv Adelson, 83, is being sued for unpaid child maintenance by his third wife Thea who is more than 30 years his junior. Power couple: Entertainment executive Merv...
Mervyn Lee Adelson (October 23, 1929 – September 8, 2015) was an American real estate developer and television producer who co-founded Lorimar Television.
Dec 16, 2005 · Two years after closing his bankruptcy case, Adelson is staging what could be called a comeback, less intent on reaping huge returns than on leaving a worthwhile legacy.
Sep 10, 2015 · He was forced to declare bankruptcy in 2003 and spent his final years living in modest digs in Santa Monica. “I’ve had a lot of ups and downs, haven’t I,” Adelson remarked to Variety in 2005.
