Rank #1498
Ted Turner
Net worth $2.8B
Cable television · United States
- Born
- Nov 19, 1938
- Age
- 87
- Source
- Cable television
- Residence
- Atlanta, Georgia
- Citizenship
- United States
- Marital status
- Divorced
- Children
- 5
- Education
- Bachelor of Arts/Science, Brown University
Net worth over time
Biography
- Ted Turner is best known for founding CNN, the first 24-hour news station, in 1980.
- After his father died in 1963, Turner took control of his father's billboard company, Turner Advertising, and rebranded it "Turner Broadcasting."
- He sold Turner to Time Warner for $7.3 billion in stock in 1996 and saw his fortune tumble when Time Warner bought AOL in 2001, causing shares to drop.
- Turner is America's third-largest individual landowner, with roughly 2 million acres.
- Turner, a Giving Pledge signee, chairs the Turner Foundation Inc, which is dedicated to protecting and restoring America's natural environments.
- Turner owns a more than 30,000-acre estate in Florida called Avalon Plantation, where he married actress Jane Fonda in 1991.
- Turner sold St. Phillips Island, his private island off of South Carolina, to the state in a charitable transfer in 2017. The land is now part of a state park.