Jerry Perenchio Net Worth is$2.4 Billion
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Date of Birth: Dec 20, 1930
Nicknames: Andrew Jerrold Perenchio
Jerry Perenchio is a California-born entertainment executive with an estimated net worth of $2.2 billion dollars. Jerry Perenchio is most widely recognized as the former CEO of Univision, the largest Spanish network in the US. He was also the former agent for Marlon Brando and Elizabeth Taylor, among other stars, as well producing both the "Battle of the Sexes" tennis match between Billie Jean King and Bobbie Briggs, and the 1971 "Fight of the Century" between Muhammed Ali and Joe Frazier.
Andrew Jerrold "Jerry" Perenchio (born December 20, 1930) is the former chairman and CEO of Univision, the largest Spanish-language company in the United States.
Born in Fresno, California, he relocated to Los Angeles where he worked as a young Hollywood talent agent for MCA and represented such celebrity clients as Marlon Brando and Elizabeth Taylor.
In 1992, he and his partners spent US$550 million for Univision in 1992; his 16% stake is now worth $1.3 billion. In 2003 he paid US$3.5 billion (consideration for a merger: UVN issued 3.5B of stock in exchange for shares of HBC) for the Spanish-language powerhouse radio network, Hispanic Broadcasting.
Along with Bud Yorkin, he also owns the rights to the film Blade Runner, as his bond completion company took ownership of the film when it went over its budget. The film was one of the first issued on DVD, but the transfer from film stock was of poor quality, and was soon deleted. For many years, Perenchio refused to allow any new DVD edition of Blade Runner, including a planned 2001 Special Edition, to be issued.
Prior to his work at Univision, he (along with Norman Lear and Bud Yorkin) presided over Tandem Productions/Embassy Television (which oversaw major television hits like Maude, All in the Family, and Diff'rent Strokes). The company sold to Coca-Cola in 1985 (who at the time was the parent of Columbia Pictures, now owned by Sony) for $485 million in Coke shares which later doubled. Sony continues to own the Tandem/ELP catalog. Perenchio was also the founder of the ON-TV UHF subscription television service that existed from 1977-1985, when cable television gained enough market share to eliminate most of the pay TV services.
In 1985 Perenchio acquired Loews Theaters from the Tisch family for $160 million and sold it barely over one year later for over $300 million to Tri-Star Pictures; the first instance of a movie studio owning movie theaters since the passage of the 1955 Paramount consent decree wh

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Jerry Perenchio Latest News

Carl Icahn buys another pad at Museum Tower for $9M

The seller is the estate of Jerry Perenchio, the former chairman and CEO of Univision who died last year. The condominium unit at 15 West 53rd Street was previously listed for $10.95 million. Spanning ...
Posted: July 12, 2018, 11:31 am

Jerry Perenchio, Consummate Hollywood Dealmaker and Former Univision Head, Dies at 86

Once a talent agent and promoter, the reclusive executive was a partner in business with Norman Lear and an owner of a valuable art collection. Jerry Perenchio, the preeminent Hollywood dealmaker who ...
Posted: May 24, 2017, 3:48 pm

City of Malibu Devises Elaborate Funding Plan to Purchase Three Choice Properties From Estate of Late Billionaire Jerry Perenchio

Three prime parcels of land in Malibu would be purchased by the city under the terms of a to-be-finalized agreement with the estate of the late business and media mogul Jerry Perenchio. At its meeting ...
Posted: April 29, 2018, 7:41 am
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