Ted Turner Net Worth is$2.1 Billion
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Profession: Entrepreneur, Businessperson, Philanthropist
Date of Birth: Nov 19, 1938
Nicknames: Robert Edward Turner, Robert Edward Turner III
Country: United States of America
Ted Turner is a media giant and businessman from Ohio with an estimated net worth of $2.1 billion dollars. Ted Turner created CNN, TNT, TBS, and was the former owner of the Atlanta Braves. He also owns the Ted's Montana Grill chain and is the largest landowner in the US. He is also a philanthropist and the largest single donor to the UN. His current wife is actress Jane Fonda. Ted Turner has earned his net worth as founder of CNN, WTBS, MGM, TNT, and Cartoon Network. He is also the creator of the animated television show, Captain Planet and the Planeteers. He is the former owner of the WCW and co-founder of Ted's Montana Grill, which now has expanded to 46 restaurants, located in 16 states, across the country. Turner and George McKerrow Jr. (a restaurateur) opened their first Ted's Montana Grill in Columubus, Ohio, in 2010. Ted Turner was born in Cincinnati, Ohio in 1938. While a young boy, he and his family moved to Savannah, Georgia. Turner was a student at The McCallie School, a private school for boys, in Chattanooga, Tennessee. He attended Brown University, where he was the captain of the sailing team, as well as, vice president of the Brown Debating Union. His major was Classics, which was quite a disappointment to his father. So, later on, he decided to change his major to economics. He never graduated from Brown University, because he was caught with a girl in his dorm, which resulted in expelltion. In 1989, he returned to campus to deliver a speech for the National Association of College Broadcasters, and received an honorary B.A. from the University. After he was expelled from Brown University, Turner took over his fathers thriving Billboard business, in Macon, Georgia, and became the president and chief executive of Turner Adverising Company. The business became quite a success and Turner used the profits to purchase many Southern radio stations. He then sold the radio stations and bought a UHF television station, WTCG. He was sure it would be a money maker, and it was. He would pick up shows that VHF would let go, like I Love Lucy, Gilligan's Island, Star Trek and others. Later he bought UHF station WRET, channel 36. In 1980, he created CNN, and bought the Atlanta Hawks from Tom Cousins. In 1986, Turner purchased MGM/UA for $1.5 billion, but later sold it back to Kirk Kerkorian, but kept some of the pre-merger films and television library. He then started up TNT and began showing some of the old reruns and new programs, drawing in a larger audience. He also launched Turner Classic Movies, which aired old films. In 1986, Turner Entertainment Company was born, and in 1988, Turner purchased Jim Crockett Promotions which he changed to World Championship Wrestling. In 1989 he developed Turner Tomorrow Fellowship. In 1990 he created the Turner Foundation, and came up with the idea of the environmental superhero, Captain Planet. In 1993, he co-founded The Moscow Independent Broadcasting Corporation, with Eduard Sagalejev, a russian jounalist. When Turner Broadcasting System merged with Time Warner, Turner became the vice chairman and head of the cable networks division for Time Warner. Ted Turner has been married three times. The first was Judy Nye (1960), Jane Shirley Smith (1965), and actress, Jane Fonda (1991). All ended in divorce. Between the three marriages, Turner is the father of five children. Turner's battle with manic depression can be read about in the book, "It Ain't as Easy as it Looks", written by author, Porter Bibb. Turner has written "Call Me Ted", in which he tells about his personal life and career.
Robert Edward "Ted" Turner III (born November 19, 1938) is an American media mogul and philanthropist. As a businessman, he is known as founder of the cable news network CNN, the first dedicated 24-hour cable news channel. In addition, he founded WTBS, which pioneered the superstation concept in cable television. As a philanthropist, he is known for his $1 billion gift to support UN causes, which created the United Nations Foundation, a public charity to broaden support for the UN. Turner serves as Chairman of the United Nations Foundation board of directors.
Turner's media empire began with his father's billboard business, which he took over at 24 after his father's suicide. The business, Turner Outdoor Advertising, was worth $1 million when Turner took it over in 1963. Purchase of an Atlanta UHF station in 1970 began the Turner Broadcasting System. Cable News Network revolutionized news media, covering the Space Shuttle Challenger disaster in 1986 and the Persian Gulf War in 1991. Turner turned the Atlanta Braves baseball team into a nationally popular franchise and launched the charitable Goodwill Games. He helped reinvent interest in professional wrestling when he owned one of the most popular wrestling companies of the middle to late 1990s known as World Championship Wrestling (WCW). The Monday night show that it put on was the highest rated on cable and helped boost Turner's channels of TNT and WTBS.
Turner's penchant for controversial statements earned him the nicknames "The Mouth of the South" and "Captain Outrageous". Turner has also devoted his assets to environmental causes. He was the largest private landowner in the United States until John C. Malone surpassed him in 2011. He uses much of his land for ranches to re-popularize bison meat (for his Ted's Montana Grill chain), amassing the largest herd in the world. He also created the environmental-themed animated series Captain Planet and the Planeteers.
Turner was born in Cincinnati, Ohio, the s

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Ted Turner Latest News

Ted Turner agrees to sell private island to South Carolina

FILE - In this Friday, Dec. 6, 2013, file photo, media mogul Ted Turner talks with guests at the Captain Planet Foundation benefit gala in Atlanta. Turner has pledged to sell an island to the state of ...
Posted: December 1, 2017, 5:16 am

When life needs a boost: R.L. Turner booster club president elect talks involvement, volunteering

Karen Coronado is the president elect of the R.L. Turner Band Booster Club. Coronado has always volunteered at her and held numerous positions for the McCoy PTA then PTA board at Ted Polk Middle ...
Posted: September 9, 2018, 4:17 am

Jane Fonda Is a Living, Breathing Rebuke of the Patriarchy

But she didn’t see it that way. She actually says she thought of it as a distraction. And it was while she was married to Ted Turner that she became a real feminist. And that was late in coming. RS: O...
Posted: September 21, 2018, 11:56 am
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