America’s Wealthiest Media Mogul Hasn’t Really Had a Hands-On Position With His Company in About a Decade. Still, He’s Richer Than Rupert Murdoch, Charlie Ergen, John Malone and Oprah. It’s Forbes’ Annual List of the Nation’s Wealthiest 400 People

Sep 22, 2011  •  Post A Comment

It’s Forbes’ annual list of the 400 richest Americans. And according to an article about the list in The Hollywood Reporter, "The first media mogul on the list released Wednesday is Michael Bloomberg, who is No. 12 with $19.5 billion."

Bloomberg, of course, has been the mayor of New York since 2002, so he hasn’t run his very lucrative self-named financial services/media company on a daily, hands-on basis since then.

According to the Reporter story, "Others from media cracking the list of the 400 richest Americans include Cox Enterprises major shareholder Anne Cox Chambers ($12 billion), News Corp’s. Rupert Murdoch ($7.4 billion), Dish and EchoStar founder Charles Ergen ($6.4 billion), DreamWorks cofounder David Geffen ($5.5 billion) and Liberty Media’s John Malone ($4.5 billion)."

The story adds, "Viacom’s Sumner Redstone is 80th on the list with $4.1 billion, and a little further down is George Lucas ($3.2 billion), Steven Spielberg ($3 billion), Oprah Winfrey ($2.7 billion) and HDNet’s Mark Cuban ($2.3 billion)."

The wealthiest person in America, the story says, is Bill Gates, at $53 billion. Warren Buffett is second at $39 billion.

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