Les Moonves Net Worth
Les Moonves Net Worth and salary: Les Moonves is an American television and broadcasting executive who has a net worth of $400 million. Leslie "Les" R. Moonves was born October 6, 1949 in New York City, New York. Moonves served as co-president and co-chief operating officer of Viacom, the predecessor to CBS Corporation, from 2004 until the company split on December 31, 2005. Prior to that he held a series of executive positions for CBS. Moonves has also been a Director at ZeniMax Media since 1999. At one time he was in charge of first-run syndication and pay/cable programming at 20th Century Fox Television and also held the position of Vice President of movies and mini-series at 20th Century. Earlier still in his career, he was Vice President of Development at Saul Ilson Productions (in association with Columbia Pictures Television) and development executive for Catalina Productions. He also had a career as an actor and played tough guys on the television show Cannon and The Six Million Dollar Man and worked as one of casting director Caro Jones' first office assistants very early in her career. On April 7, 2003, Moonves portrayed himself in an episode of The Practice. Moonves made regular contributions to Late Show with David Letterman. One of these appearances was provoked by David Letterman himself when he declared outrage that Jay Leno was featured prominently on the CBS website in an ad for CBS' telecast of the People's Choice Awards. On the Late Show, Letterman jokingly warned the "CBS stooge in the control room" to call his buddies "before things turn ugly." Moonves responded and later appearances took on the same format, with Letterman discussing current events and the CBS network with the company's CEO. Les Moonves is married to television and news personality Julie Chen.
On September 9, 2018 Les Moonves stepped down from his position of CEO of CBS after a second report was released detailing sexual harassment and assault allegations was published by The New Yorker. At the time of his firing, Les had around $180 million worth of compensation left in his contract. CBS said it would be withholding all financial exit packages pending an investigation into the charges. CBS and Moonves also jointly donated $20 million to various #metoo causes, money that will be deducted from any future exit compensation.
Les Moonves Salary
Between 2010 and 2017, Les Moonves earned a minimum of $50 million in total compensation from CBS. In 2017 he was paid $70 million. That made him the highest paid Hollywood executive in the world. By our estimation, Les earned approximately $650 million before taxes during his time at CBS.
Les and Julie Chen live in a 10,000 square foot mansion in Beverly Hills that he bought for $14 million in 2006. The house reportedly features a $500 thousand screening room that was paid for by CBS. In 2014, Les purchased a $28 million mansion in Malibu from Microsoft for $28 million.