Prior to the resignation from CBS in the wake of wide-ranging accusations of sexual misconduct, Les Moonves was reported to be in the process of negotiation for his exit package from CBS which was ranging between $100 million and $125 million. However, things have pretty much got transformed and on basis of the results of an internal investigation on the matter by CBS, he might be out with nothing.
Les Moonves Net Worth
Born of 6 October 1949, Len Moonves is a well known American Television and broadcasting executive. Les Moonves net worth is net valued at about $400 million. He had served for Viacom as the co-president and co-chief operating officer from 2004 to December 2005, until the operating company split apart and became CBS Corporation. Before Viacom, he held a series of executive positions for CBS Corporation. He was also a part ZeniMax Media since 1999 as the director.
Moonves had also served at 20th Century Fox Television. He was in charge of the first-run syndication and pay/cable programming and also held the position of Vice President of movies and mini-series at 20th Century. At the initial level of his career, he was the Vice President of Development at Saul Ilson Productions (in association with Columbia Pictures Television) and also worked as a development executive for Catalina Productions.
Apart from providing services in these companies, he also had a career in acting. He played the role of Tough Guys in a popular television show Cannon and The Six Million Dollar Man. At the initial level of his career, he also worked as the first office assistant for a famous casting director, Caro Jones. He also portrayed himself in an episode of The Practice in the year 2003. He made regular contributions to Late Show with David Letterman where once he, provoked by Letterman, declares his outrage for the fact that Jay Leno was featured on the website of CBS in an ad for CBS’ telecast of the People’s Choice Awards.
Les Moonves Wife
Les Moonves married a prominent Television and News Personality, Julie Chen. She recently signed off from CBS reality-television program “Big Brother”.
On 9 September 2018, Les Moonves stepped down from CBS after the second report was released which detailed the allegations of sexual harassment and assault. The report was published by the New Yorker. However, at the time of his firing, Moonves had compensation left in his contract which was worth around $180 million.
It has been reported that CBS and Moonves have jointly donated $20 million to various #metoo causes and money that shall be deducted from any future exit compensation.
Les Moonves Salary
Ever since 2010, Les Moonves was had been serving CBS. Up to 2017, Les Moonves Salary earnings ranged between a minimum average of $50 million as the total compensation. However, his pay increased to 70 million in the year 2017. With the increase in his way, he became the highest paid executive in Hollywood around the world. As per estimates, Moonves had earned nearly $650 million from CBS Corporation.
Les Moonves bought a mansion in Beverly Hills in 2006 where he lives with Julie Chen. The huge mansion measuring around 10,000 square foot was purchased by him for $14 million. As per information, the CBS also paid $500 thousand for the screening rooms present in the mansion. In the year 2014, he also purchased a mansion in Malibu worth $28 million from Microsoft.