What is Les Moonves's Net Worth?





Les Moonves - CBC Corporation CEO

Name: Les Moonves

Born: October 6th, 1949

Company: CBS Corporation (CBS)

Position: President, CEO


Les Moonves currently has a net worth of an estimated:

$390,038,000




Les Moonves's net worth decreased by $3,321,000 on 12/9/2016


Information:

Leslie (Les) Moonves is currently the President and CEO of CBS Corporation. Moonves also serves as a Director at ZeniMax Media.

The CBS Corporation is a US media conglomerate that is involved in TV broadcasting, radio broadcasting and pay cable, just to name a few.

Late Show with David Letterman, Big Brother, Two and a Half Men, The Big Bang Theory, CSI, The Good Wife, Person of Interest and 60 Minutes are just some of the TV shows that are broadcast on CBS. In addition, CBS broadcasts the NFL, NCAA Football, NCAA Basketball, Formula One and PGA Golf.

According to recent Nielsen data, CBS is the most-watched TV network in the United States and is the only network to have gained viewers year-over-year.

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Given CBS' recent strong performance, it shouldn't surprise you to learn that Les Moonves is one of the highest compensated CEOs in the United States.

According to Bloomberg.com, Moonves pulled in a total of $62.2 million in total compensation in 2012, putting him #5 on the list of highest compensated US CEOs. This compensation package included a $27.5 million cash bonus.

Bloomberg also notes that Moonves has a severance package of $251.4 million waiting for him if he ever gets canned from CBS.

Let's now look at Moonves' current holdings of CBS stock.

According to his most recent insider filings, Moonves owned a total of 1,493,754 shares of CBS directly.

In addition, 600,000 shares plus of CBS are beneficially held by Moonves in various trusts and by his wife. So that brings us to a total of over 2 million shares of CBS.

On top of that, Moonves owned roughly 3.4 million in CBS stock options, exercisable at a price of $23.19. These options will be done vesting in March of 2016.

Given this information and where shares of CBS are currently trading, Moonves has a roughly $200 million stake in the company.



Q: How many shares of CBS Corporation does Les Moonves own?

A: 5,400,000


Notes:

Les Moonves is worth 5,046 times more than the median US household

If Les Moonves sold everything that they owned, they could fund the United States' deficit spending for 0.1 days.



Most Recent SEC Filings From Les Moonves

4 - Statement of changes in beneficial ownership of securities
Filed: February 23, 2016, 5:52 pm

4 - Statement of changes in beneficial ownership of securities
Filed: February 19, 2016, 5:55 pm

4 - Statement of changes in beneficial ownership of securities
Filed: February 17, 2016, 5:54 pm

4 - Statement of changes in beneficial ownership of securities
Filed: January 29, 2016, 5:47 pm

4 - Statement of changes in beneficial ownership of securities
Filed: January 5, 2016, 5:56 pm



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Note: Net Worth changes calculated at 4 pm EST daily

The net worth pages are strictly for entertainment purposes only. The information on these pages is based on speculation and shouldn't be construed as being accurate in any way.