How Rich Is Byron Allen? Net Worth, Career, Salary
Byron Allen, an American businessman, is now trending online after paying $100 million for an 11,000-square-foot Malibu property. Allen’s freshly bought property has four bedrooms, two guest homes, a home theater, a tennis court, a gym, and a yoga studio. The presence of the Pacific Ocean immediately in front of the mansion adds to its magnificence. A fireplace, bespoke walk-in closets, and a private patio are among the house’s basic features. If Byron does not want to walk to the beach, he may use the golf cart. Byron bought the land from Public Storage’s co-founders. Jan Koum, the co-founder of WhatsApp, lives next door. Coldwell Banker Realty’s Jade Mills listed the property.
Byron Allen’s net worth
Byron Allen is an entrepreneur, comedian, television producer, and philanthropist. He is the CEO of Entertainment Studios, a media firm. CelebrityNetWorth estimates the 61-year-old net worth to be about $800 million as of August 2023. Aside from his employment in the entertainment sector, Allen’s business pursuits have been his principal source of income. Allen’s business stated in 2018 that it would pay $300 million for The Weather Channel, excluding internet assets such as Weather.com and applications that had previously been sold to IBM. Allen completed a $300 million contract with USA Television to buy 11 broadcast television stations in 2020.
Byron Allen and Sinclair Broadcast Group will pay $10.6 billion to Walt Disney/Fox for 21 regional sports networks in 2020. In addition, he spent $165 million to acquire Bayou City Broadcasting, which operates four radio stations. In 2020, he expected to invest $500 million in network affiliates and spend roughly $10 billion on acquisitions over the following four years. In July of this year, Allen’s business also spent $11 million for the Black News Channel television network.
Byron Allen’s residences
Byron Allen spent 422.8 million for a beachfront estate in Maui in 2018. The home has an elevator, a 500-bottle wine cellar, an open-air spa, a swimming pool, a three-car garage, and 1,700 square feet of lanais in addition to 7,300 square feet of living space and five bedrooms.
Allen then paid $20 million for a Beverly Hills house in 2019. It offers 11,266 square feet of living space, and eight bedrooms, and sits on more than a third of an acre. He spent $26.75 million for a 3,000-square-foot condominium at 220 Central Park South the same year. In 2020, he also spent $27 million on a house in Aspen, Colorado. The 9,000-square-foot estate was formerly owned by a Mexican entrepreneur and offers a view of the surrounding mountains, an outdoor pool, glass walls, and a second-story patio.
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