The 50 Wealthiest Angelenos: Tom Werner #43

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#43 – Tom Werner

Net Worth: $620 million -32%

Last Year: $914 million

Age: 59

Residence: Pacific Palisades

Source of Wealth: Entertainment, sports


The Money:

Boston Red Sox didn? make it back to World Series last year, but team saw its value appreciate slightly. That was small comfort to Werner, team co-owner, who made fortune as television producer. His Carsey-Werner Distribution library is full of well-known TV series, including ?he Cosby Show?and ?oseanne,?but has no recent hits and isn? generating revenue of past years. Stake in Roush Fenway Racing stockcar racing team depreciated as NASCAR? heady growth slowed.


Buzz:

Carsey-Werner stopped making shows in 2005, but Werner? other production company, Good Humor TV, has been busy of late; producing new comedy starring Kelsey Grammer and new animated high school show ?ood Vibes.?Spends much of time as chairman of Red Sox and man-about-town in Boston; East Coast gossip columns keep tabs on whereabouts and recently pegged Werner as dating billionaire fashion heiress Alexandra von Furstenberg. Red Sox value keeps appreciating after two recent World Series titles. Forbes named it third most valuable franchise in baseball with a value of $833 million. Broke into NASCAR two years ago when he and partners purchased 50 percent stake in team since renamed Roush Fenway Racing, now ranked second most valuable team in NASCAR. Brady Center to Prevent Gun Violence in Washington, D.C., honored Werner in November for his support.

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