It's been a rough year for the business man, but at least he has his millions of dollars to ease the pain. 81-year-old Ted Turner has taken the No. 1 spot on People With Money’s top 10 highest-paid business men for 2020 with an estimated $46 million in combined earnings.
UPDATE 25/05/2020 : This story seems to be false. (read more)
Ted Turner tops annual list of highest-paid business men
In 2017 it looked like the business man’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (May 24) that Turner is the highest-paid business man in the world, pulling in an astonishing $46 million between April 2019 and April 2020, a nearly $20 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The American business man has an estimated net worth of $145 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Turner Burger” chain) in Washington, a Football Team (the “Cincinnati Angels”), has launched his own brand of Vodka (Pure Wonderturner - US), and is tackling the juniors market with a top-selling perfume (With Love from Ted) and a fashion line called “Ted Turner Seduction”.
The ranking is significant for many Ted fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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