#9 – A. Jerrold Perenchio
Net Worth: $2.4 billion -25%
Last Year: $3.25 billion
Age: 78
Residence: Beverly Hills
Source of Wealth: Broadcasting, production
The Money:
Since selling Univision Communications to Saban? private equity consortium in 2007, Perenchio has not made large investments, preferring to keep money in family investment firm Chartwell Partners. Owns Malibu real estate and significant shares of Coca-Cola. Weak real estate and capital markets explain net worth? decline.
Buzz:
After years of shunning media, granted a few interviews. New York Times profiled Perenchio? fourth and current wife, Margaret, an accomplished portrait painter. Perenchio named second-biggest power broker in California politics by Capitol Weekly magazine. This year, donated $500,000 to pass Proposition 11 on redistricting and $1.5 million to support budget measures on May special ballot. Also big John McCain supporter. Scheduled to testify in lawsuit between Univision and Mexican media giant Televisa, where he was expected to reveal how he negotiated 20-year exclusive contract for Mexican TV shows. Before Perenchio made it to court, Univision settled by sweetening Televisa? original deal by $600 million. Started as studio executive at MCA before becoming talent agent. Bought Univision in 1992 after stint as producer. Chaired $200 million fundraising campaign for Ronald Reagan UCLA Medical Center in Westwood. Sits on board of Ronald Reagan Presidential Library in Simi Valley.
