Karl Eller Net Worth is$400 Million
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Profession: Businessperson
Country: United States of America
Karl Eller is an Arizona business leader and nationally recognized entrepreneur; he has a net worth of $400 million. Karl Eller built his net worth from the purchase of company Foster and Kleiser, as a founding investor of the NBA's Phoenix Suns. Some other accomplishments of Eller are the creator of Combined Communications, Inc., and as the head of Columbia Pictures. He was raised in Tucson, Arizona, and was inducted into the Advertising Hall of Fame in 2004.
Karl Eller is an Arizona business leader and entrepreneur.
Eller grew up in Tucson, Arizona. He played football collegiately at the University of Arizona where he was a member of the Phi Gamma Delta fraternity.
In 1962, Eller purchased the Arizona operations of New York-based billboard advertising company Foster and Kleiser and built it into a major regional business. As a result of the influence garnered by his leadership of this firm, Eller became one of the founding investors of the NBA's Phoenix Suns in 1968, and it was Eller's ownership group that hired future Suns owner Jerry Colangelo as its inaugural general manager.
Eller merged the outdoor advertising business with KTAR radio and television in 1968 to form Combined Communications, Inc., which was absorbed by Gannett in 1979. At its height, Combined Communications owned 7 major metropolitan television stations, 14 major metropolitan radio stations, 12 American and 2 Canadian outdoor advertising companies and two metropolitan daily ne wsp apers.
Eller would later go on to become the head of Columbia Pictures, during which he helped with that studio's 1983 merger with The Coca-Cola Company, and of the convenience store chain Circle K, which was based in Phoenix during Eller's tenure as CEO (1983-1990). During that time, Eller built Circle K into the second largest convenience store operation and the largest publicly owned convenience store chain in the U.S. with 4,641 stores in 32 states and an additional 1,386 licensed or joint venture stores in thirteen foreign countries. Under his leadership, the company grew from annual sales of $747,000,000 to $3,400,000,000.
Eller was inducted into the Advertising Hall of Fame by the American Advertising Federation in March 2004 in New York City. Eller is also the first Arizonan and second outdoor advertising executive to be elected to the Advertising Hall of Fame.
Karl Eller is the namesake of the Eller College of Management at the University of Arizo

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Karl Eller Latest News

High water on Minnehaha Creek

Eller said he worried about the health of trees standing in ... sandbags and Quick Dam flood barriers, manager Carl McGrane said. Pentair reports an uptick in sales of sump pumps and flood management ...
Posted: June 12, 2019, 7:02 am

Hagelin Looks Forward to Next Four Years with Caps

After splitting the '18-19 season between a trio of teams, the Washington winger is eager to settle in D.C. When the 2018-19 NHL regular season got underway, Carl Hagelin couldn ... under contract for ...
Posted: June 17, 2019, 12:10 pm

Coughlin, Johnson Garner Preseason All-America Status

He also forced four fumbles and received the team's Trench Award and was named the team's Carl Eller Outstanding Defensive Player. Coughlin, who is also an Academic All-Big Ten performer, has made 110 ...
Posted: June 23, 2019, 2:36 am
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