Sumner Redstone

Sumner Redstone is an American businessman and media mogul who is the controlling shareholder and chairman of the board of directors of the National Amusements theater chain. Most notably, he served as the executive director of both Viacom and CBS in the past.

Net Worth of Sumner Redstone:

Sumner Redstone’s net worth is estimated to be in the millions of dollars. Sumner Redstone was an American media entrepreneur who died in August 2020 at the age of 97 with a net worth of $2.6 billion. In 2015, his net worth was estimated to be around $5 billion.

Sumner is best known for being the majority owner of Viacom/CBS, which is now known as Viacom/CBS. Through the holding firm National Amusements, Sumner controlled nearly 80% of Viacom/CBS. MTV, BET, Showtime, Comedy Central, and Paramount Pictures were among the brands he controlled.

Is Sumner Redstone currently married?

No, the business magnate is currently single. Redstone, on the other hand, was married twice and had a girlfriend until 2015.

Redstone’s Marriages, Children, and Divorces:

In 1947, when he was 24 years old, the CBS director married Phyllis Gloria Raphael. The couple had a son and a daughter from their union. Brent Redstone, an American lawyer and entrepreneur, was his first child, born in 1951. Then, on April 14, 1954, he gave birth to Shari Redstone, the chairwoman of ViacomCBS. Shari, his daughter, is the President of National Amusements in addition to being a chairwoman.

Sumner Redstone
Sumner with his first wife, Phyllis Gloria Raphael. (SOURCE: The Nytimes)

Sumner and Phyllis had been married for 52 years until he and his companion divorced in 1999.

In 2001, Redstone married Paula Fortunato, a former elementary school teacher, after three years of separation. Fortunato, believe it or not, is 39 years younger than the former media director. Unfortunately, Redstone’s second marriage did not work out, and on October 17, 2008, he filed for divorce from Paula. Their divorce, however, was finalized by the court on January 22, 2009.

Sumner Redstone
Redstone snapped with his former spouse, Paula Fortunata. 

 

(SOURCE: The Latimes)

Why did Sumner Redstone Throw Girlfriend Sydney Holland Out of His Home?

After five years together, the billionaire and his live-in girlfriend, Sydney Holland, called it quits. Sumner ejected Holland from his Beverly Park Mansion in August 2015 after discovering she had been cheating on him with another guy, according to William D. Cohan.

The 44-year-old was crucial to him at the time they were living together. She was, in fact, his gatekeeper for people wishing to contact the former Viacom executive, as well as a participant in his business discussions. Redstone even opted to put her and his lifelong companion, Manuela Herzer, 51, in his will during that period.

Sumner Redstone
Redstone and his ex-lover Sydney Holland snapped holding hands.

 

(SOURCE: Daily Mail)However, the 92-year-old billionaire, who has a net worth of $2.6 billion, was previously notified of her relationship with George Pilgrim, a former actor. The business commentator raged when he heard the news and told the 44-year-old to leave his house. Holland and her adopted daughter, Alexandra Red, left the house two days after the incident.

Sumner Redstone

Net Worth:$2.6 Billion
Date of Birth:May 27, 1923 – Aug 11, 2020 (97 years old)
Gender:Male
Height:5 ft 11 in (1.82 m)
Profession:Lawyer, Entrepreneur, Businessperson, Actor
Nationality:United States