Profile
American entrepreneur and Television Producer
#1 in Media today
Ted Turner has a net worth of $2.6 billion USD as of 2024. He is the founder of CNN Channel. Turner owns millions of acres of land in the United States.
Land
Turner is the second largest landowner in the United States. He owns 2.4 million acres of land from Canada to Mexico covering all the states and islands
Do You Know: The largest private landowners in US are the California’s Emmerson family with 3.5 Million acres of ownership, according to Forbes.
After the fires that destroyed Maui in Hawaii, Turner’s real estate companies have bought over 8,100 acres of land at a throwaway price. Turner is in negotiations to purchase 5,000 acres more in Maui.
Divorce Settlements
Approximately 15% of Ted Turner’s net worth was lost towards divorce settlements from his failed marriages and numerous affairs.
Turner has been married and divorced three times.Ted Turner divorced his third wife Jane Fonda in 2001 after getting caught in an affair with one of CNN’s news anchors.
He paid $100 million as a one time lump sum payment to his wife. Turner broke up with his second wife Jane Shirley Smith in 1988 while he was having extra-marital affair with Jane Fonda.
As a result, he paid $21 million in divorce settlement to Jame Smith.
Affairs with Employees
Ted Turner reportedly had 14 girlfriends outside his marriage and half of them were employees of CNN and his other news channels.
Turner spent $72 million in total to pay off these women and get them sign a Non Disclosure Agreements.
House
Turner has spent $51 million to build himself a luxury mansion in Miami, Florida. This property is spread across 140 acres and boasts 20 bedrooms and a horse stable.
He bought this property from Marlon Brando’s estate in 1998. He spent million more to install gold plated toilets, home theatre and other luxuries within the house.
Ted Turner Net Worth 2024 (Forbes)
| Full Name | Robert Edward Turner |
| Net Worth | $2.6 Billion |
| Annual Income | $330 Million |
| Bank Balance | $90 Million |
| Land Owned | 2 Million Acres |
Career
In the early 1970s, Ted Turner acquired his first independent television station, WJRJ-Atlanta, and rebranded it as WTCG (Turner Communications Group).
One of Turner’s most significant achievements was the launch of Cable News Network (CNN) on June 1, 1980.
He acquired a variety of entertainment properties, including the Atlanta Braves baseball team and the Atlanta Hawks basketball team.
FAQs
Tex Turner has lost 60% of his wealth due to stock market crash, divorce settlements and other losses.
Ted Turner is today worth $2.6 billion. He is also the second largest landowner in the United States.
Ted Turner’s wealth will be transferred to his Estate which will be utilised for Charity. As per his Will, none of his children will inherit any of his money.
Yes. As part of the divorce settlement, Jane Fonda received $100 million from Ted Turner.