Facts of Peter Chernin
|Full Name||Peter Chernin|
|Profession||American film producer, TV producer, Businessperson and Investor|
|Birth City||Harrison, New York|
|Father Name||Herbert Chernin|
|Mother Name||Mary Chernin|
|Date of Birth||May 29,1951|
How Much Is The Net Worth Of Peter Chernin?
Peter Chernin is an American Business tycoon and chairperson of The Chernin Group (TCG). The company was established in 2010 which manages and invests in businesses such as media, technology, online videos streaming services, entertainment sector. His company also produced an Oscar-nominated movie Hidden Figures.
With almost 46 producing credits, he has produced movies and TV series including Titanic, Avatar, Rise of the Planet of the Apes, Oblivion, War for the Planet of the Apes and many other multi-millionaire dollars earning films. His net worth is estimated to be around $200 million.
Net Worth Details-Salary, Income Sources, Endorsements
As of 2019, Peter Chernin is estimated to have a net worth of approximately $200 million according to Celebrity Net Worth. He mainly earns from his professional career as an American film producer, TV producer, Businessperson, and Investor.
Chernin is currently serving as a chief executive officer and chairperson of The Chernin Group (TCG). He established the company in 2009 to manage, operate and invest in businesses in the entertainment, media, technology, and other sectors.
Peter also had a keen interest in producing movies, he established Chernin Entertainment and its first project was feature film Rie of the Planet of the Apes. Later, he produced many blockbuster movies and TV series including Hidden Figures, Oblivian, War of the planets of the Apes and many more.
The company later tested their hand in various sectors including music and Fighting Championships.
Later in 2012, Peter sold most of the TCG’s stake was sold to the private equity firm Providence Equity Partners. Likewise, Chernin in April 2013 made a bid of approximately $500 million for Hulu. Following year, an American conglomerate holding company AT&T partnered with his company to invest in online video series. The project was worth around $500 million.
TCG also invested in Tumblr, which was sold to Yahoo for $1.1 billion. Once TCG announced that they have acquired the anime streaming site Crunchyroll but it was later revealed, it was all a hoax. On 2 December 2013, they had to pay approximately $100 million for false acquisition.
On the other hand, in January 2016, it was announced that Chernin media has acquired major share in website Barstool Sport. Following the news, they later relocated to New York City.
Apart from his career in the company, he previously worked as president and chief operating officer of News Corporation and CEO of the Fox Group for 13 years between 1996 to 2009. He also served as the leader of the both Twentieth Century Fox Filmed Entertainment and the Fox Broadcasting Company.
Under his leadership, he produced the top grossing movies of all time; Titanic and Avatar. In 2009, the Wall Street Journal reported that Chernin is leaving News Corporation after 20 years of his eminent career to establish his company.
Asset, Expenses, Cars, Houses, Taxes, Insurances, Charity Works
Regarding Peter Chernin assets, he is living in a house in Santa Monica, California. The average house price in the area is approximately $1,720,300 according to a source. Other source reported that he owns some of the most expensive luxury cars but the information is not available.
Similarly, the information about his taxes and insurances payments are not out. He is engaged in some charity works. He served on the boards of Friends of the Global Fight against AIDS, Tuberculosis, and Malaria. He even donated over $100,000 to the Democratic Party.
Did You Know? He supported Hillary Clinton in the 2016 US presidential election.
Peter Chernin Personal Life-Age, Parents, Married, Wife, Children
Peter Chernin was born on 29 May 1951 under the star sign Gemini in Harrison, New York, the United States. Chernin was born to father Herbert Chernin and mother Mary Chernin. He holds American Nationality and belongs to white ethnicity.
As of 2019, Peter Chernin is 68 years old.
Regarding his relationship status, he is a happily married man. He tied the knot to his now-wife Megan Brody in 1980. The powerful couple is blessed with children; son John Chernin, daughter Margaret Chernin and son Dave Chernin.
Don't forget to follow NetworthBuzz for more updates!