Charlie Moonves

Charlie Moonves’s Net Worth

Charlie Moonves is too young to consider bringing in cash. Thus his overall holdings are unknown. He is the son of a multimillionaire and is currently making the most of his father’s $700 million fortune as of 2021. As a former CBS News Chief, he amassed a massive sum of money. Moonves has led a lavish lifestyle up until this point.

The celeb child’s mother, Julie Chen, is an American television celebrity is an American television personality with a net worth of $16 million. Julie also served as a co-host and arbitrator on The Discussion, a CBS Daytime serious talk show that aired for eight seasons.

Les and Julie Chen live in a 10,000-square-foot Beverly Hills estate with their son Charlie. He purchased for $14 million in 2006. CBS is said to have paid for a $500 thousand screening room in the house. Les paid $28 million for a $28 million Malibu property from Microsoft in 2014.

Charlie Moonves’s Fathers’ Fortune

Les Moonves’s total salary over 12 years was $650.2 million. At the height of his career, he was paid approximately $70 million a year. Les resigned as CBS CEO on September 9, 2018, following a second article documenting sexual harassment and assault allegations by The New Yorker. Les had around $180 million remaining in his contract at the time of his termination.

CBS announced that it would withhold all financial exit packages pending an inquiry into the allegations. CBS and Moonves also gave $20 million to various #metoo causes, with the funds withheld from any future exit bonus. CBS has yet to pay the remaining $160 million as of this writing.

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The executive received a minimum of $50 million in total pay from CBS between 2010 and 2017. He was awarded $70 million in 2017. As a result, he was the highest-paid Hollywood executive in the world. Les earned nearly $650 million before taxes during his tenure at CBS, according to our estimates.

Charlie Moonves’s Fathers’ Career

Les Moonves‘ career in the film business began in 1979 when he began working in a film production company owned by Columbia Pictures. He left in 1981 to work in the film and television development department of 21st Century Fox. The actor was appointed president of Warner Bros in 1993. He managed the creation of hit television shows such as “Friends” and “ER.” He left Warner Bros in 1995 to become head of entertainment at CBS Television, and he was advanced to president of CBS Television in 1997.

During his presidency, the network aired successful shows such as “King of Queens,” “Everybody Loves Raymond,” and, later in the decade, the reality television show “Survivor” and the forensic crime drama “CSI.” When he took over as CEO, the network was already well-positioned for success.

When he became CEO of CBS Corporation, his responsibilities were increasingly focused on the company’s operations and profitability; nonetheless, he did not cede unlimited creative power. In 2005, he was named the executive directly responsible for canceling “Star Trek: Enterprise.” In 2013, Les was inducted into the Television Hall of Fame, and he took over as CBS’s executive chairman from Sumner Redstone. In 2016, he was chastised for touting Donald Trump’s candidacy as good for television ratings and advertising income regardless of policies.

Les Moonves’ Controversy at CBS

It was disclosed in September 2018 that Moonves had been accused of sexual assault by a CBS intern. He was set to receive $180 million and a production agreement upon his departure under his contract, but CBS demanded that his pay be lowered if the charges were proven to be accurate. He resigned roughly a week after the allegations and speculation about his resignation became public.

The business indicated that any deductions from his severance up to $20 million will be donated to the “#MeToo” movement, and Moonves’ leaving deal contained a requirement that he donate a share to that fund as well. In December of that year, the firm announced the eighteen foundations, charities, and organizations to which the money was distributed.

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Before the end of the year, CBS announced that Moonves would not be getting the severance package stipulated in his original contract as a result of the findings of the inquiry. Moonves filed a lawsuit, but as of this writing, CBS has yet to pay him his $120 million.

Charlie Moonves’s Mothers’ Career

Julie Chen began her professional career as an intern for the “CBS Morning News” in the early 1990s. This led to a position as an assistant producer at ABC NewsOne, which led to three years as a producer there. In the mid-1990s, she departed NewsOne to work as an anchor for WDTN-TV in Ohio.

The television personality took over as host of both “CBS Morning News” and “The Early Show” in 1999. She was a part of both shows until 2002, and then she co-hosted “The Early Show” until 2010. Since 2000, she has hosted the CBS reality show “Big Brother.”Chen was one of the anchors of the daytime CBS chat show “The Talk” from 2010 until 2008. She left The Talk in the aftermath of her husband’s sexual harassment controversy, which led him to resign as CEO.

Charlie Moonves’s Personal Information

Charlie Moonves’s father, Leslie, was married to Nancy Weisenfield in 1978 before Julie. Still, he began seeing Julie, which produced friction between the pair, and they later chose to separate their paths in 2004 after being together for a long time. Charlie has three half-siblings: two brothers, Adam Moonves and Michael Moonves, and a sister, Sara Moonves.

The 11-year-old was born on September 29, 2009. His father and mother married in a secret ceremony in Acapulco, Mexico, in December 2004, and he has no natural kin.

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