Cox sisters top Forbes media mogul list

Redstone takes third on the top 400 list

NEW YORK — Reclusive sisters Barbara Cox Anthony, 81, and Anne Cox Chambers, 85, once again topped the Forbes list of the world’s richest media moguls, with a net worth of $12.5 billion — each.

The Cox sisters own 98% of Cox Enterprises, the Atlanta-based media company founded by their father in 1957 that owns 17 daily newspapers, including the Atlanta Journal-Constitution; 15 TV and 81 radio stations; and Cox Communications, the nation’s third-largest cable TV company.

Forbes magazine released its Forbes 400 list Thursday, along with a subset of media moguls who are among the world’s richest. The Cox sisters’ fortune increased by nearly $1 billion from last year, helping them move up 15 places and maintain their position as the world’s richest media moguls.

Second among moguls is Metromedia’s John Werner Kluge, 91, whose fortune, built on telecom investments, dwindled to $9 billion from $11 billion a year ago.

Sumner Redstone, 82, takes third on the list of media moguls (25th overall), beating by nearly $1 billion Si and Don Newhouse, both with $7.5 billion fortunes.

The Newhouse brothers rose to fourth, overtaking EchoStar chairman Charlie Ergen (worth $7.1 billion) and Rupert Murdoch, who saw his fortune shrink to $6.7 billion from $7.8 billion one year ago.

Rounding out the top 10 moguls are New York Mayor Michael Bloomberg ($5.1 billion), David Geffen ($4.5 billion), George Lucas ($3.5 billion) and Haim Saban ($2.8 billion).

Just missing the top 10 are Steven Spielberg ($2.7 billion) and Donald Trump ($2.7 billion), a new entrant on the media list due to his role as TV star and exec producer of “The Apprentice” franchise.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety