The 50 Wealthiest Angelenos: A. Jerrold Perenchio – #10

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The 50 Wealthiest Angelenos: A. Jerrold Perenchio – #10
A. Jerrold Perenchio

The money and the buzz on each of L.A.’s wealthiest.

THE MONEY: Has kept money in private family investment firm Chartwell Partners since selling Univision stake for $1.3 billion in 2007. Owns large tracts of Malibu land and significant shares of Coca-Cola stock. Buoyant capital markets explain increase in net worth.

BUZZ: After decades of never speaking in public, finally broke silence on witness stand. Citing ill health, testified via videotape in lawsuit about Univision’s rights to put Mexican broadcaster Televisa’s content online. Under oath, told how two media giants bickered, “the signatures were barely dry before the fireworks started.” Univision prevailed. Prominent Hollywood Republican gave $500,000 to help sustain struggling California Republican Party. Locally, donated money to stage Lakers’ victory parade after team won NBA title. Started as studio executive at MCA before becoming talent agent for Elizabeth Taylor and Marlon Brando. Partnered with Norman Lear to buy Embassy Pictures in 1981. Sold out to Coca-Cola and produced feature films until buying Univision in 1992. Wife Margie, renowned portrait artist, co-owns West Hollywood gallery.

• NET WORTH: $2.6 billion +8%

• LAST YEAR: $2.4 billion

• AGE: 79

• RESIDENCE: Bel Air

• SOURCE OF WEALTH: Broadcasting, production

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