It's been three years since Peter Guber lost a Roman bronze head, and the mogul is still looking for payback.On Thursday, Guber filed a lawsuit against Abacus Insurance Brokers, alleging that the company failed to properly advise him on policies when he took possession of the multi-million dollar antiquity. As a result, Guber's insurance claims for the missing head have been denied.The story goes back to 2012, when Guber -- the chairman and CEO of Mandalay Entertainment Group, and a...
Long runs at studios Columbia and Sony (which Peter Guber exited as CEO in 1995) led to his own series of shingles, from PolyGram Entertainment to Casablanca Records. But in 1995, he threw open the doors to Mandalay Entertainment, which he’s operated ever since with savvy precision. Over time, he’s branched the company into financing/independent film and TV development and sports media, and has never stopped expanding.
His films, which include “The Kids are All Right,” “The Witches of Eastwick” and “Rain Man,” have earned over $3 billion worldwide and earned him 50 Academy Award nominations.
Today Guber is heavily involved in sports, with ownership stakes in three pro teams (Golden State Warriors, Los Angeles Dodgers, Los Angeles Football Club) and is owner/co-executive chairman of ESports Team Liquid. He’s also chairman of Dick Clark Productions (which produces the American Music Awards and Golden Globes, among others); and as an author of books including the bestseller “Tell to Win – Connect, Persuade and Triumph with the Hidden Power of Story.” In 2015 he invested in and joined the board of virtual reality content studio NextVR.
Born in Boston, Guber earned his law, masters and MBA degrees from New York University; Columbia Pictures recruited him directly from the MBA program in 1968.