For a show famously about nothing, "Seinfeld" created a whole lot of something for its star.The enduring sitcom has helped propel comedian Jerry Seinfeld’s net worth to more than $1 billion, according to the Bloomberg Billionaires Index, which is valuing his wealth for the first time.His eponymous show, co-created with Larry David, has proved particularly durable since its debut in 1989, serving as a springboard for other kinds of income even as the landscape of American TV shifted.A key portion of Seinfeld’s fortune comes from a series of syndication deals for the sitcom, which netted him about $465 million, according to Bloomberg estimates, while a Netflix deal for the streaming rights brought an additional $94 million. He also earned more than $100 million since the 1980s from touring, according to the estimate.The analysis assumes Seinfeld, 69, invested his earnings beginning in 1990. The cash is appreciated in line with the historic performance of the MSCI World Index.The estimate includes $40 million of real estate, including an apartment on Central Park West, a home in the Hamptons and a warehouse in California. His vintage car collection — some of which were featured in his "Comedians in Cars Getting Coffee" series on Netflix — wasn’t included in the analysis.Amy Jacobs, a representative for Seinfeld, called the wealth calculation “inaccurate” but declined to provide further details.Everyday lifeBorn in Brooklyn and raised in the Long Island town of Massapequa,... Continue reading at 'Crains New York'
[ Crains New York | 2024-03-22 15:12:16 UTC ]
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Marc Benioff, the chief executive of Salesforce. He and his wife, Lynne, have agreed to buy Time magazine from Meredith Corporation for $190 million. Continue reading at The New York Times
[ The New York Times | 2018-09-17 00:00:00 UTC ]
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Fresh off a solid performance on Oahu, Jerry Kelly shot an eight-under 64 on the Big Island to share the first-round lead at the Mitsubishi Electric Championship, the season opener on the PGA Tour Champions. The 51-year-old Kelly, who tied for 14th at the PGA Tour’s Sony Open last week in... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-01-19 00:00:00 UTC ]
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Texans will not get a say in editorial decisions, says Meredith, as it hails ‘transformative’ deal to merge magazine stablesMeredith Corporation has announced that it is buying the Time Inc publishing group in a “transformative” $1.8bn deal that joins two huge magazine companies. Meredith, which... Continue reading at The Guardian
[ The Guardian | 2017-11-27 00:00:00 UTC ]
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Samuel "Si" Newhouse Jr., the publishing billionaire who oversaw some of America's best-known magazines, including Vogue, the New Yorker, GQ and Vanity Fair as head of the closely held media empire built by his father, has died. He was 89.He died Sunday at his home, the New York Times reported,... Continue reading at Advertising Age
[ Advertising Age | 2017-10-01 00:00:00 UTC ]
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Bill Gates has each year releases a list of his good summer reads. The Microsoft co-founder and philanthropist this year unveiled his reading list in time for a sunny Memorial Day weekend in Seattle. If you're looking for a book to bring to the park, Gates has you covered. Authors who made the... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2017-05-27 00:00:00 UTC ]
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In the latest flare-up between the two top investors in the L.A. Times’ parent company, Tronc Inc. has accused Los Angeles billionaire Patrick Soon-Shiong of demanding an investment in his own company before he agreed to buy millions of shares in the newspaper publisher last year. The allegation... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-04-04 00:00:00 UTC ]
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Dr. Patrick Soon-Shiong accused the newspaper publisher of “poor corporate governance” in a letter to the company’s board. Continue reading at The New York Times
[ The New York Times | 2017-03-28 00:00:00 UTC ]
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Updates on California politics: California delegation reacts to Dallas tragedy, ex-Facebook president Sean Parker backs recreational pot July 8, 2016, 11:42 a.m. Welcome to Essential Politics, our daily feed on California government and politics news. Here's what we're watching: The California... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-07-09 00:00:00 UTC ]
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TEN, the parent company of Motor Trend and other sports magazines and websites, plans to produce 20 hours of live programming per month on Facebook. With Motor Trend, this means bringing viewers closer to the action at industry car shows, as well as interviews with top personalities and athletes... Continue reading at Digiday
[ Digiday | 2016-06-06 00:00:00 UTC ]
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If you thought the Gawker saga would slow down as we creep closer to Memorial Day weekend, you thought wrong. Following a dizzying 24 hours that ended with Silicon Valley billionaire Peter Thiel admitting outright that he's been bankrolling multiple lawsuits against the media company, the... Continue reading at AdWeek
[ AdWeek | 2016-05-27 00:00:00 UTC ]
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Thiel acknowledged that he secretly bankrolled lawsuits against the gossip-tinged company and its journalists in order to put the publisher out of businessIt may be a post-ink age, but a Silicon Valley billionaire’s legal campaign against Gawker Media is about to offer a modern test of the old... Continue reading at The Guardian
[ The Guardian | 2016-05-27 00:00:00 UTC ]
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Peter Thiel, whose early stakes in companies like PayPal Holdings Inc. and Facebook Inc. made him a billionaire, has reason to hate online media company Gawker. Thiel compared Gawker's sardonic tech blog Valleywag to the terrorist group Al Qaeda in 2009. Valleywag had taken every opportunity to... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-05-25 00:00:00 UTC ]
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Tribune Publishing, infused with a $70.5 million investment from billionaire Patrick Soon-Shiong, rejected Gannett's latest takeover offer, escalating the battle between the newspaper publishers.Gannett's revised proposal is "clearly inadequate" to control the owner of the Los Angeles Times and... Continue reading at Advertising Age
[ Advertising Age | 2016-05-24 00:00:00 UTC ]
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Los Angeles Times owner Tribune Publishing Co. has rejected a second buyout offer from rival newspaper publisher Gannett Co., and this time it’s brought in new financial muscle to fend off further overtures: L. A. billionaire Patrick Soon-Shiong. Tribune Publishing announced Monday morning that... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-05-24 00:00:00 UTC ]
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Two mainstays of children’s publishing have teamed up to create a picture book, "In Plain Sight" (Roaring Brook, Sept.). Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-11 00:00:00 UTC ]
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Indie publisher Mountainview Books will publish the three winners of this year's Jerry Jenkins Writers Guild Operation First Novel contest. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-22 00:00:00 UTC ]
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Pierre Omidyar, the eBay founder who lives in Honolulu, saw his ranking on Forbes magazine's list of the world's richest people slip this year, while Larry Ellison, the billionaire executive chairman and chief technology officer of Oracle Corp. who owns the island of Lanai in Hawaii, held on to... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2015-03-03 00:00:00 UTC ]
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Novelist Jerry Jenkins has shuttered the Christian Writers Guild, a writers education group he owns. Former CWG employees are gearing up to fill the void with a new company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-12 00:00:00 UTC ]
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A half-dozen of the 27 newcomers on the Forbes annual list of the 400 richest U.S. citizens disclosed this week are from the San Francisco Bay Area, including four in technology, one in biotechnology and one in venture capital. Topping the newcomer list in net worth was Jan Koum, co-founder and... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2014-10-01 00:00:00 UTC ]
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