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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Pierre Omidyar, founder of eBay and Honolulu Civil Beat, was the only full-time Hawaii resident to make Forbes magazine’s l ist of the 400 richest Americans. But part-time isle residents such as Larry Ellison, Michael Dell and Oprah Winfrey — and soon-to-be landowner Mark Zuckerberg — also made... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2014-09-30 00:00:00 UTC ]
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It’s recently emerged that America’s two richest men share not only a fondness for bridge, but identical taste in literature. Both Bill Gates and Warren Buffet—according to an essay this week from Gates—count John Brooks’ Business Adventures as their single favorite book about business. Why is... Continue reading at Slate
[ Slate | 2014-07-18 00:00:00 UTC ]
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Jerry Gross, co-founder of the Independent Editors Group, died in Santa Monica, Calif. on July 6. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-14 00:00:00 UTC ]
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Creation myths about entrepreneurs inevitably include tales of triumph over adversity—a failed early company here, a break with a long-term partner there. Richard Branson, the goateed and grinning mascot of British capitalism, is no different. His Virgin empire grew from a record label that... Continue reading at Slate
[ Slate | 2014-05-28 00:00:00 UTC ]
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The 'Permanent Midnight' writer discusses how warning labels and a new child gave him the inspiration for 'Happy Mutant Baby Pills,' a trippy jaunt into the world of chemicals and OTC medication.Jerry Stahl believes it's impossible to shock an audience anymore, but in his new novel, "Happy... Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-11-22 00:00:00 UTC ]
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Art publisher Phaidon has been acquired from Richard Schlagman by the family of private equity... Continue reading at The Bookseller
[ The Bookseller | 2012-10-08 00:00:00 UTC ]
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'This Is Not My Hat' is from Jon Klassen, creator of the award-winning 'I Want My Hat Back.'Picture books might be for kids who can't read, but parents have been known to enjoy them as well. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-09-02 00:00:00 UTC ]
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HONG KONG — The Australian mining billionaire Georgina Rinehart has threatened to sell her recently acquired 19 percent stake in Fairfax Media, sending shares in the Australian publisher tumbling on Tuesday. The announcement is the latest ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-06-26 00:00:00 UTC ]
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Billionaire Gina Rinehart recently invested $146 million in Fairfax Media, the publisher of the Sydney Morning Herald and the Financial Review . Known as the "Iron Lady," Rinehart is the heir of mining magnate Lang Hancock and is believ ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-02-10 00:00:00 UTC ]
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