Sumner Redstone

$3.04B

as of 08/12/20

About Sumner Redstone

Sumner Redstone is the controlling shareholder of the new ViacomCBS; the two companies completed a merger in early December 2019.

Redstone's father founded the cinema chain now known as National Amusements in 1936; Redstone took over in 1954.

He acquired control of Viacom in 1987 and spun off CBS in 2006.

Redstone's daughter, Shari, serves as the non-executive chair of ViacomCBS.

Personal stats

Citizenship

United States of America

Source of wealth

media

Birth date

05/27/23

Number of children

Education

Bachelor of Arts/Science, Harvard University; Doctor of Jurisprudence, Harvard University

Self-made

inherited and growing

Sumner Redstone’s fortune is worth

51K

troy ounces of gold

47K

median U.S. household

30K

median U.S. income

0.061%

U.S. credit card volume

0.012%

GDP of the United States

0.009%

United States debt

Net worth history

Annual ranking

Did you know?

Redstone later lectured at Harvard Law School, Brandeis University and Boston University School of Law, where he taught one of the first entertainment law courses.