Business_news The 20 richest people in media, who have a collective net worth of more than $190 billion


Former Mayor of New York Michael Bloomberg speaks at the dedication ceremony of the Memorial Glade at the 9/11 Memorial site in the Manhattan borough of New York, New York, May 30, 2019.

Carlo Allegri/Reuters

  • Worth a combined $192 billion, media’s richest players are behind massive publications such as Bloomberg and Reuters, and entertainment brands like Marvel and Fortnite.
  • Business Insider has compiled a list of the 20 richest people in media, based on their industry classification in theForbes’ Real-Time Billionaireslist and net worths from theBloomberg Billionaires Index.
  • The list includes Tim Sweeney, Michael Bloomberg, and Charlie Ergen, who have made their fortunes in video games, news media, and TV.
  • Five billionaires on this list inherited a portion ofCox Enterprises, a $21 billion telecommunications company. 
  • The richest person on the list is Michael Bloomberg, the mogul who founded the Bloomberg business publication, served three terms as mayor of New York, and ran for president in 2020.
  • Visit business Insider’s homepage for more stories.

All net worths below are sourced fromBloomberg unless otherwise noted.

Business_news 20. Mark Cuban: $4.2 billion, per Forbes

Mark Cuban visits “Cavuto: Coast To Coast” hosted by Neil Cavuto at Fox business Network Studios on September 30, 2019, in New York City.

Steven Ferdman/Getty Images

Mark Cuban has made his fortune through business deals in tech, sports, and Shark Tank investments,Business Insider previously reported.

Cubanco-founded a video portal, Broadcast.comin 1995. Four years later, he sold the company to Yahoo for $5.7 billion.

Today, Cuban owns theDallas Mavericks. He purchased the NBA team for $285 million in 2000. Cuban has donated millions to charities related to healthcare, disaster relief, and domestic violence.

After aSports Illustrated report said the Mavericks franchise was a hostile work environment for women,Cuban donated $10 millionto domestic violence awareness in 2018 as part of the NBA’s investigation into workplace conditions.

In 2017, helent a private jetto two of his players bring supplies to Puerto Rico following Hurricane Maria.

In 2020, Cuban and athletes Luka Dončić and Dwight Powellpartnered up to donate $500,000to the University of Texas Southwestern Medical Center and Parkland Hospital. 

Business_news 19. Martha Ingram: $4.4 billion, per Forbes

Martha Rivers Ingram the 2010 National Arts Awards at Cipriani 42nd Street on October 18, 2010 in New York City.

Taylor Hill/WireImage

Martha Ingram inherited her wealth.

Her family ownsIngram Industries, a firm with subsidiaries in bookmaking and distributing. Ingram’s husband Bronson founded the company in 1978, and Ingrambegan running the businesswhen he died in 1995.

She stepped down from her role as chairman in 2008, and her sons replaced her.

Business_news 18. Friede Springer: $4.8 billion, per Forbes

Friede Springer in Berlin in 2019.

Jens Kalaene/picture alliance via Getty Images

Friede Springer‘s main source of wealth is inherited.

When her husband, Axel, died in 1985, Springer acquired Axel Springer, a major publishing company he founded in 1946. 

Axel Springer bought business Insider in 2015.

Business_news 17. Charles Dolan: $4.84 billion

Newsday LLC / Contributor / Getty Images

Charles Dolan made his fortune by starting, building, and then ultimately, selling his cable company. HefoundedCablevision Systems,acable operator, in 1973, and sold it to Altice, a telecommunications company, for $17.7 billion in 2016.

Today, Dolan and his family own significant stakes in AMC Networks and Madison Square Garden’s entertainment and sports companies. He served as chairman of AMC beforestepping downin September 2020.

Business_news 16. Isaac Perlmutter: $4.65 billion

AP Photo/Susan Walsh

The majority of Isaac Perlmutter’s billion-dollar net worth comes from Marvel. He hasserved as chairmanof the studio since 1998.

Perlmuttermoved to Brooklyn, New York, from Israel in 1967. He is credited with transforming Marvel from a bankrupt comic company to a successful media business, complete with films, video games, and action figures,Business Insider previously reported. To achieve this, Perlmutter oversaw Marvel’s shift in focus to character licensing, or ownership over the characters that allowed the company to make movies, shows, games, and toys about them.

Perlmutterdonatedabout $60 million to NYU Langone Medical Center’s cancer research between 2014 and 2015. 

Business_news 15. Clive Calder: $5.08 billion

Record executive Clive Calder speaks at the UJA Federation of New York’s 2009 Music Visionary Award at The Pierre Hotel on June 18, 2009 in New York City.

Larry Busacca/Getty Images for Sony Music

Clive Calder co-founded the record company Zomba Music Groupin1975. He joined the three comma net worth club when he sold it for $2.7 billion in 2002. The company included Jive Records, a label that has signed big names like Britney Spears, Backstreet Boys, and NSync.

Calderlives in the Cayman Islandswith his wife.

Business_news T14. Margaretta Taylor: $5.68 billion

Margaretta Johnson Taylor attends Top Dog Humanitarian Awards Gala on November 15, 1989, at the Pierre Hotel in New York City.

Ron Galella, Ltd./Ron Galella Collection via Getty Images

Margaretta Taylor’s wealth comes from herinheritance of about 17%ofCox Enterprises, her family’s media and automotive company that provides cable, internet, telecommunications, advertising, and vehicle auction and services. She inherited the stakes from her mother, Anne Cox Chambers, who died inJanuary 2020. Taylor’s grandfather, James Cox, founded the company in 1968.

Taylordonated $5 millionto the Bronx Zoo and had a sea lion named after her in2010.

Business_news T14. Katharine Rayner: $5.68 billion

Billy Rayner and Katharine Rayner attend The Morgan Library & Museum’s Evening Benefit at The Morgan Library & Museum on November 14, 2016 in New York City.

Krista Kennell/Patrick McMullan via Getty Images

Taylor’s sister Katherine Rayner alsoinherited 17% of Cox Enterprises, which made about $21.2 billion in 2019.

Business_news 10. Rupert Murdoch: $6.88 billion

Rupert Murdoch attends Citymeals On Wheels’ 33rd Annual Power Lunch For women at The Plaza Hotel on November 19, 2019 in New York City.

Steven Ferdman/Getty Images

Rupert Murdoch made his fortune by founding, buying, and selling newspapers and media company stakes,Business Insider previously reported.

Today, Murdoch servesas chairmanof Fox Corp. and News Corp., the publisher that owns The Wall Street Journal, New York Post, and The Sun.

Murdoch is from Australia, where heinherited a newspaperpublication from his father at 22. He founded The Australian, the country’s first nationwide paper, in 1964. About 20 years later, he purchased the New York Post and New York Magazine. Also in the 1980s, Murdoch bought more than half of the stocks in 20th Century Fox.

Business_news 9. George Lucas: $7.13 billion

George Lucas attends the premiere of Disney Pictures and Lucasfilm’s “Solo: A Star Wars Story” at the El Capitan Theatre on May 10, 2018 in Hollywood, California.

Joe Scarnici/FilmMagic/Getty Images

George Lucasfounded Lucasfilm, the company behind the mega-successful Star Wars and Indiana Jones movie franchises,in 1971. The franchises have made a combined $12 billion in global ticket sales since 1977.

Lucassold Lucasfilm to Disney in 2012 for $4.1 billion. He and his wife Mellody Hobson funded the creation of The Lucas Museum of Narrative Art, which will open in Los Angeles in 2021 and showcase rare items from theSeparate Cinema Archive, a collection of artifacts from Black films between 1904 and 2019.

Business_news 8. John Malone: $7.49 billion

Liberty Media’s John Malone attends the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 7, 2015 in San Francisco, California.

Michael Kovac/Getty Images for Vanity Fair

John Malone became CEO of a nearly-bankrupt cable company, Tele-Communications, Inc., in 1973, and turned it into the biggest cable company of its time by 1990,Business Insider previously reported.

Today, Maloneserves as chairman of Liberty Global, a TV and internet company that made $11.4 billion in 2019. Malone also has stakes in Discovery Communications and Formula One.

Malone owns more than a million acres of woodlands in Maine and New Hampshire.He’s the largest private landowner in the US.

Business_news 5. Tim Sweeney: $9.4 billion

Rachel Luna / Getty Images

Tim Sweeney made his fortune in the video game industry. In 1991, Sweeneyco-founded Epic Games, the video game developer behind Gears of War and Fortnite. The companymade $1.8 billionin 2019.

Sweeney has donated millions to preserve North Carolina lands,Business Insider previously reported. In 2017, he bought 193 acres of Alamance County for $1.97 million to preserve it.

Business_news 4. David Geffen: $10 billion

David Geffen is seen in Los Angeles in 2017.

gotpap/Bauer-Griffin/GC Images

David Geffen made his fortune founding media companies. In 1980, hestarted a record label, Geffen Records, which he sold for $550 million in 1990. Four years later, he co-founded the movie studio DreamWorks SKG alongside Jeffrey Katzenberg and Steven Spielberg.

Geffen has a$590 million superyacht, Rising Sun, where he hosts notable figures like Jeff Bezos, Tom Hanks, and the Obamas,Business Insider previously reported. Back in March when the coronavirus began to spread across the US, he received backlash for an Instagram post about self-isolating on his yacht,per The Guardian.Geffen deleted his Instagramshortly after.

Business_news 3. Charlie Ergen: $10.2 billion

Dish Network Corporation Chairman Charlie Ergen joked about launching a satellite with a Chinese rocket during an “Entrepreneurs Unplugged” event at the University of ColoradoTuesday night, April 17, 2012.

Karl Gehring/The Denver Post via Getty Images

Charlie Ergen co-founded Dish Network, a satellite TV provider, in 1996. Today, heserves as chairman of the company. In 2008, Ergen split the provider’s satellite communications into a separate sister company called Echostar, where he also serves as chairman. The spin-off split Dish Network’s shares into two publically shared companies. Dish Networkmade $12.8 billionin 2019.

Business_news 2. Donald Newhouse: $16.3 billion

Donald Newhouse speaks onstage during the Association for Frontotemporal Degeneration’s Hope Rising Benefit at The Pierre Hotel on October 23, 2019 in New York City.

Ilya S. Savenok/Getty Images for The Association for Frontotemporal Degeneration

In 1979, Donald Newhouseinherited his wealth from his father, Sam Newhouse, who foundedAdvance Publicationsin 1922. The media company publishes Vanity Fair and The New Yorker through Conde Nast.

Something is loading.


Visual Slideshow
Visual Features

Chevron icon
It indicates an expandable section or menu, or sometimes previous / next navigation options.

Read More