Here Are All The Details Regarding the Net Worth of The Former CEO of CBS, Les Moonves.
Leslie Roy Moonves, aka Les Moonves, is the multimillionaire television and broadcasting executive of CBS. He also worked as the president, CEO, and chairman of the Board of CBS Corporation.
It might be interesting to know that Moonves is the great-nephew of the first Prime Minister of Israel, David Ben-Gurion's wife Paula Ben-Gurion, born as Paula Munweis. Born on October 6, 1949, Leslie currently lives with his second wife, TV show host Julie Chen, and son Charlie Moonves in the elite Beverly hills.
When Les became president and CEO of CBS Television, he helped raise the CBS network's rating. However, his net worth, earnings, and salary are still unknown to the people who get inspiration from him. Therefore, here is detailed information regarding his net worth, his rise to fame.
According to Celebrity Net Worth, Les Moonves' net worth is $400 million as of 2021. He made this amount of fortune from the hard work he placed in the broadcasting channel CBS.
The former CEO of CBS has a net worth of $400 million as of 2021.
Photo Source: Variety
Before retiring as the CEO of CBS, when he was at the peak of his career, he received approximately $70 million per year in salary. Furthermore, during his 23 years of service in CBS, a severance package of over $240 million was entitled to him.
Moonves is active in charity works. He donated about $20 million to support the #MeToo movement organizations.
As per CBS News, Moonves signed a 75-page contract in May 2017, which listed that the CBS Corporation could be forced to pay upwards of $200 million if he leaves before the end of his contract. In addition, the agreement also includes three years' worth of salary and bonus worth $92.5 million, company stock worth $57.4 million, health and life insurance benefits worth $877,102, and pension benefit worth $998,692.
Les and his wife Julie Chen live in a 10,000 square foot mansion in Beverly Hills that he bought for $14 million in 2006. They reside there with their son Charlie Moonves.
Before his career as a television network CEO, Les Moonves was an actor. In 1975 he made his acting debut in the TV series Barbary Coast and played the role of a bell boy in the episode titled "Guns for a Queen."
Les Moonves with his wife Julie Chen and son Charlie Moonves.
Photo Source: Getty Images
Moonves also appeared in many TV shows, including Cannon, Gemini Man, The Six Million Dollar Man, and The Nanny. Besides acting, Moonves was active as the executive producer for the 1996 movie Blue Rodeo.
In 1981, Moonves started his management career at Saul Ilson, which produced The Smothers Brothers Comedy Hour and later worked at Fox. Moonves also worked at production companies Lorimar and Warner Brothers Television.
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Оnсе hе јоіnеd СВЅ іn 1995, hе wаѕ gіvеn а quісk рrоmоtіоn аѕ thе сhаіrmаn. Undеr Мооnvеѕ’ rеіgn, dуіng ѕhоwѕ lіkе СЅІ аnd Ѕurvіvоr wеrе grаntеd а nеw lіfе. Іn 2005, ѕіх оut оf tеn рrіmе-tіmе ТV ѕhоwѕ wеrе frоm СВЅ, undеr Мооnvеѕ buѕіnеѕѕ ѕtrаtеgу аnd watch.
In July 2018, an article in The New Yorker published allegations from six women about Les Moonves allegedly sexually harassing them during the 1980s and up until the 2000s.
In September 2018, The New Yorker reported another accuser came forward. It was later announced Moonves would step down from his post as chairman and CEO of CBS Corporation.
Les Moonves was accused of sexual assault.
Photo Source: Business Insider
However, Les will not receive any of his $120 million severance. According to the New York Post, lawyers for the network previously said Moonves should not accept his severance because he "destroyed evidence and misled investigators" as he faced multiple sexual misconduct allegations.
As per CNBC, the board was considering giving him a $100 million exit package. However, CBS said in a statement that any severance benefits would be pending the results of an independent investigation.
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