Charles Ergen
Birthname Charles William Ergen Birthdate March 1, 1953 Birthplace Oakridge, Tennessee, United States Education Wake Forest University School of Business, University of Tennessee Profession Tech Mogul Net worth $11,700,000,000 Source of Wealth EchoStar, Dish, Self-made Nationality American Country United States Marital Status Married (Cantey McAdam) Children 5Quick Links
American satellite tv for pc broadcasting wealthy person and some of the founders/Chairman of EchoStar Communications Corporation, Charles W. "Charlie" Ergen has a net worth of $11.7 billion as of April 2019. Ergen were given his get started as financial analyst at Frito-Lay whilst he additionally attempted his hand taking part in pro poker. He switched to promoting TV satellites from a truck with spouse in Eighties. He gave up his CEO name at Dish after 30 years, handing reins to former Sirius CEO Joseph Clayton, to concentrate on big-picture offers.
In April 2010, Dish purchased bankrupt retailer Blockbuster for $320 million, then snapped up broadband spectrum for as regards to $Three billion in bankruptcy auction. One situation: Dish offers its 14 million subscribers a Netflix-like streaming provider plus cellular voice and knowledge. Ergen, a skilled poker player, is staying mum, saying his moves are like an episode of Seinfeld. "It seemed to all come together in the last couple of minutes." He settled bitter lawsuit with TiVo in May 2011 paying $500 million for patent claims.
Earnings & Financial Data
Date | Category | Description | Amount |
|---|---|---|---|
2010 | Asset | Estimated worth of Hughes Communications Inc. upon acquisition by way of EchoStar | $1,320,000,000 |
2010 | Asset | Value of the struggling DBSD North America upon acquisition through DISH to support its current wi-fi spectrum | $a million,000 |
2010 | Asset | Estimated value of bankrupt video apartment chain Blockbuster LLC upon acquisition by means of DISH | $228,000,000 |
2010 | Asset | Value of TerreStar upon acquisition in a bid to add its mobile wireless spectrum to DISH portfolio | $1,380,000,000 |
2006 | Asset | Value of Sling Media Inc, a supplier of over-the-top video solutions upon acquisition via EchoStar | $380,000,000 |
1997 | Asset | Value of the DBS belongings of American Sky Broadcasting and MCI Worldcom-News Corp. venture satellite tv for pc television property that he bought after EchoStar reached a maintain Rupert Murdoch’s News Corp. | $1,250,000,000 |
1992 | Asset | Net income of EchoStar that he handled | $20,400,000 |
1979 | Asset | Amount he invested when he, his future wife Candy, and Jim Defranco started a brand new industry known as EchoSphere Corporation | $60,000 |
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