What is Jerry Perenchio’s net worth?
Jerry Perenchio’s net worth at the time of his death was $2.7 billion.
Net Worth: |
$2.7 Billion |
|---|---|
Age: |
91 |
Born: |
December 20, 1930 |
Gender: |
Male |
Height: |
Unknown |
Country of Origin: |
United States of America |
Source of Wealth: |
Entrepreneur |
Last Updated: |
October 19, 2022 |
Who is Jerry Perenchio? What is his Profession?
An American millionaire businessman and philanthropist named Jerry Perenchio.
Perenchio previously held the positions of chairman and CEO of Univision. His demise occurred on May 23, 2017.
Jerry Perenchio’s estimated net worth at the time of his death was $2.7 billion.
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How was the Early life and Parents of Jerry Parenchio?
On December 20, 1930, Jerry Perenchio was born in California.
He was the grandson of Italian immigrants Madeline D’Adda and Giovanni Batiste Perenchio. The Fresno Grape Exchange was created by his grandpa.
Perenchio was raised in Fresno until he was 15 years old, at which point he was sent to the Los Angeles-based Black Foxe Military Institute, where he spent three and a half years and graduated in 1949. He then paid for his own tuition by working a variety of odd jobs and starting a small business called Party Management.
Professional Career
Muhammad Ali and Joe Frazier’s World Heavyweight Match, also known as the “Fight of the Century,” took place at Madison Square Garden in 1971, with Perenchio serving as co-promoter.
Along with producing well-known episodes like “The Jeffersons” and “Diff’rent Strokes,” he also staged the tennis match between Billie Jean King and Bobbie Briggs known as the “Battle of the Sexes.”
Perenchio co-founded Embassy Communications with producer of “All in the Family” Norman Lear. For $485 million, they sold Embassy to Coca-Cola in 1986. In today’s money, that is equivalent to $1.2 billion.
He received his part of the money and put it back into television. He paid $550 million for the Spanish-language Univision channel in 1992 along with his business partners. Jerry’s 16% ownership share in Univision was worth $1.3 billion at the time of his passing in 2017.
Perenchio was a frequent contributor to the GOP. He was a generous philanthropist who sponsored several projects. He gave the UCLA Foundation $4.8 million in 2010.
Jerry Perenchio’s estimated net worth at the time of his death was $2.7 billion.
How did Jerry Perenchio Spend His Money?
Jerry Perenchio used his money for charitable endeavors and real estate.
Former Residences of Jerry Perenchio
Perenchio bought a mansion in LA’s Bel-Air district in 1986. The “Chartwell” estate gained notoriety for appearing in “The Beverly Hillbillies” television series’ opening titles. Ron and Nancy Reagan moved into the home next door in the same year. After he passed away, the estate was put up for sale for $350 million.
Charity Work by Jerry Perenchio
He has devoted a fortune to supporting many charities and organizations over the course of his life.
Job and Career Highlights
Here are a few of Jerry Perenchio’s career’s finest moments:
- Chairman and chief executive officer of Univision
- Perenchio joined MCA in the Band and Act Department (1958)
3 Life Lessons from Jerry Perenchio
Let’s look at some of the things we can learn from Jerry Perenchio now that you are fully aware of his net worth and the path to success:
1. Do It
If you continue to act in the same way, you will continue to receive the same results.
2. The Travel
Consider the trip rather than the final destination.
3. Fight
To win a battle, you might need to engage in it more than once.
Questions and Answers
How much is Jerry Perenchio worth?
The estimated value of Jerry Perenchio’s net worth is $2.7 billion.
When was Jerry Perenchio born?
He was born on December 20, 1930, is 91 years old right now.
What is Jerry Perenchio’s height?
The height of Jerry Perenchio is Unknown.
When did Jerry Perenchio dead?
Jerry Perenchio has passed away on the 23rd of May, 2017.
Summary
An American executive in the entertainment industry, Jerry Perenchio.
Perenchio was well known for leading Univision as its CEO. The largest Spanish-language network in the US was Univision. Along with other celebrities, he served as Marlon Brando and Elizabeth Taylor’s former agent.
He organized a number of sporting events, including the Muhammad Ali-Joe Frazier “Fight of the Century” and the tennis “Battle of the Sexes” between Billie Jean King and Bobbie Briggs.
Jerry Perenchio’s estimated net worth at the time of his death was $2.7 billion.
Social Media link of Jerry Perenchio: Wikipedia
