How rich are media conglomerates in the US?

It’s not a surprise anymore to know that a lot of major companies and brands that we interact with every day all stem from possibly just a handful of mother companies. So it’s no wonder to any of us that the owners of such conglomerate rake in billions of dollars each year. And while it’s difficult to get the exact number on how much the conglomerates make per year, we need not look further than the CEO to get an idea. Here are some of the richest media conglomerate owners in the US. Steve Sorensen Networth

Sumner Redstone

Owner of National Amusements company, Redstone has a net worth of $4.6 billion. He owns over 50 media assets including MTV, Nickelodeon, SHOWTIME, CBS and VIACOM. He also owns several internet-based media including TV.com, CNET, 247 Sports, Last.fm, and CBS Interactive.

Bob Igler

The CEO of a little company known as Disney, Igler earns about $44.9 million annually. From a simple animation studio, Disney has grown into a multi-media giant that houses media assets such as ESPN, ABC Studios, Marvel and Marvel Studios, LUCASFILMS, History Channel, PIXAR, and all Disney related media assets. Steve Sorensen Networth.

Jeff Bewkes

Owner of TimeWarner, Jeff Bewkes earns about $32.5 million every year. TimeWarner has three major media assets in HBO, Warner Brothers, and CNN. The company also entered the ISP game with their very own TimeWarner Cable. And, unlike other conglomerates, TimeWarner focused a lot of its efforts on investment companies.

Brian L. Roberts

Similar to TimeWarner, Comcast CEO Brian L. Roberts generate revenue from a handful of main brands, as far as media assets are concerned. Their biggest names include NBC, Universal, and DreamWorks. And, among all conglomerates, Comcast is known for having the most assets in terms of business ventures with over 60 companies under its name. Steve Sorensen Networth