Name
Sumner Redstone
Sumner Redstone
Beverly Hills, California
Bachelor of Arts/Science, Harvard University | Doctor of Jurisprudence, Harvard University
United States
Viacom
5
media
$4,800,000,000
413
4
#413 Billionaires 2019
#143 Forbes 400 2018
Sumner Redstone remains controlling shareholder of both CBS and Viacom, despite continuous boardroom and courtroom drama.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. CBS and National Amusements, run by his daughter Shari, are currently fighting over control of the network. Redstone has given over $216 million to philanthropic causes, including arts and education institutions in his native Boston and hometown Los Angeles.
While a student at Harvard during World War II, Redstone was selected by a Japanese history professor to help break Japan's military and diplomatic codes. 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.
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