$3.3 billion .15%
LAST YEAR: $3.3 billion
RESIDENCE: Beverly Hills
SOURCES OF WEALTH:
TV production, broadcasting
THE MONEY: Things looking up at Univision Communications, which he bought with investors for $13.7 billion in 2009. Saddled with debt, it still scored ratings coup by beating NBC in February sweeps. Private equity firm Saban Capital took controlling interest in Israeli telecom Partner Communications for $65 million in cash and assumption of $300 million of debt.
BUZZ: Told TV industry crowd he’d consider making Univision available exclusively on pay TV to combat Barry Diller’s cord-cutting technology, Aereo. Stood by pal Rupert Murdoch’s Fox network in doing so. Will launch English-language cable news channel with ABC this year. Made fortune turning Japanese TV show “Mighty Morphin Power Rangers” into U.S. hit. Sold franchise and bought it back in 2010. New “Power Rangers” series began airing on Nickelodeon earlier this year. Saban Capital set up shop in Singapore and has plans to more than double Asian investments in the next couple of years. Stakes include Indonesian pay TV company MNC Sky Vision and Chinese online entertainment company for kids, Taomee. Co-founded Fox Family Channel, which Disney bought for $5.3 billion. Big-time Democratic Party donor born in Egypt and raised in Israel. Penned New York Times op-ed in runup to election endorsing President Obama and defending his stance on Israel.
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