The 50 Wealthiest Angelenos: 3. Sumner Redstone

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The Money: Viacom and CBS executive chairman got nice bump from soaring value of more than 40 million shares in each company. CBS and Viacom salary and bonuses hit whopping $93 million.

Buzz: Redstone and girlfriend Sydney Holland, 42, remain active in L.A. social scene, attending entertainment and philanthropic red-carpet events. Charitable gifts this year include $30 million over five years to establish global center for disease prevention and wellness at George Washington University. Longevity a favored subject. Told Hollywood Reporter he has no succession plan at either CBS or Viacom, as he does not plan to die. Redstone’s 15,300-square-foot mansion in Beverly Hills includes vast aquarium he believes to be largest private collection of salt water fish in country. Says he’s up by 5 a.m. daily to exercise. Born in Boston tenement; graduated from Harvard and went on in 1967 to take over family movie theater chain, National Amusements, which he leveraged into controlling share of Viacom and CBS in 1980s. Those companies split in 2006 and he retained voting control through majority ownership of special shares. Had busy May: Sumner-controlled Viacom bought free-to-air U.K. TV station Channel 5 for $750 million; announced $2.5 million gift to Boston University to create a professorship in narrative studies. Other pastime said to be tracking Viacom and CBS stock movement in real-time.

NET WORTH:

$7.76 billion s45%

LAST YEAR: $5.3 billion

AGE: 90

RESIDENCE: Beverly Hills

SOURCE OF WEALTH: Broadcasting, film, movie

theaters

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