Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
HomeAll newsMost read newsBusiness Leaders Biography
Portrait de Sumner Redstone
Birthday : 05/27/1923
Place of birth : Boston (Massachusetts) - United States
Public asset : 1,367,607,418 USD
Country of residence : United States
Linked companies : CBS Corporation - Viacom, Inc.

Summary 
Mr. Sumner M. Redstone is a Chairman-Emeritus at Viacom, Inc., a Chairman-Emeritus at CBS Corp., a Chairman & Chief Executive Officer at National Amusements, Inc., a Chairman & Chief Executive Officer at NAI Entertainment Holdings LLC, a Member at The General Hospital Corp., a Member-Executive Board at Combined Jewish Philanthropies of Greater Boston, Inc. and a Member-Overseers Board at The Museum of Fine Arts.

He is on the Board of Directors at Viacom, Inc., CBS Corp., NATL. Amusements (UK) Ltd., Dana-Farber Cancer Institute, Inc. and The Paley Center for Media. Mr. Redstone was previously employed as a Chairman & Chief Executive Officer by Viacom, Inc. /Old/, a Chairman by National Association of Theatre Owners, a Chairman by The Jimmy Fund, and a Member by Tufts Medical Center, Inc.

He also served on the board at John F. Kennedy Library Foundation.

He received his undergraduate degree from Harvard University, an undergraduate degree from Boston Latin School and a graduate degree from Harvard Law School.


Current positions of Sumner Redstone 
NameTitle Since
CBS Corporation
(Broadcasting)
Chairman-Emeritus 1986
Viacom, Inc.
(Entertainment Production)
Chairman-Emeritus 2005
National Amusements, Inc. Chairman & Chief Executive Officer 1967
NAI Entertainment Holdings LLC Chairman & Chief Executive Officer 1967
Dana-Farber Cancer Institute, Inc. Trustee -
The Paley Center for Media Trustee -
NATL. Amusements (UK) Ltd. Director -
The General Hospital Corp. Member -
The Museum of Fine Arts Member-Overseers Board -
Combined Jewish Philanthropies of Greater Boston, Inc. Member-Executive Board -


Holdings of Sumner Redstone 
NameEquities%Valuation
Viacom, Inc. (VIA)
39,442,41279.8%1,356,818,973 USD
Viacom (VIAB)
Entertainment Production
371,3000.11%10,786,265 USD
CBS Corporation (CBS.A)
400.0001%2,180 USD


Sumner Redstone : Personal Network 
NameLinked companies
Shari Ellen Redstone CBS Corporation
Viacom, Inc.
National Amusements, Inc.
The Paley Center for Media
NATL. Amusements (UK) Ltd.
Combined Jewish Philanthropies of Greater Boston, Inc.
Dana-Farber Cancer Institute, Inc.
David R. Andelman CBS Corporation
National Amusements, Inc.
Philippe Dauman CBS Corporation
Viacom, Inc.
National Amusements, Inc.
The Paley Center for Media
Charles K. Gifford CBS Corporation
The General Hospital Corp.
Dana-Farber Cancer Institute, Inc.
Gary L. Countryman CBS Corporation
Dana-Farber Cancer Institute, Inc.
Thomas May Viacom, Inc.
Dana-Farber Cancer Institute, Inc.
Leslie Moonves CBS Corporation
The Paley Center for Media
Cristiana Falcone Sorrell Viacom, Inc.
The Paley Center for Media
William S. Cohen CBS Corporation
Viacom, Inc.
Cathy Elizabeth Minehan The Museum of Fine Arts
The General Hospital Corp.


Biography of Sumner Redstone 
Sumner Murray Redstone (born Sumner Murray Rothstein; May 27, 1923) is an American businessman and is a media magnate. He is the majority owner and Chairman of the Board of the National Amusements theater chain. Through National Amusements, Sumner Redstone and his family are majority owners of CBS Corporation and Viacom (itself the parent company of MTV Networks, BET, and the film studio Paramount Pictures), and are equal partners in MovieTickets.com. According to Forbes as of March 2014 he is worth US $6.2 billion. in Boston, Massachusetts, to Belle (née Ostrovsky) and Michael Rothstein. In 1940, his father changed the family surname from "Rothstein" to "Redstone" Michael Rothstein owned Northeast Theater Corporation in Dedham, Massachusetts—the forerunner of National Amusements—and the Boston branch of the Latin Quarter Nightclub. where he completed the studies for his baccalaureate in three years. Later, Redstone served as First Lieutenant in the United States Army during World War II After this military service, he worked in Washington, D.C., and attended Georgetown University Law School. He transferred to Harvard Law School and received his LL.B. in 1947.). He invested in Columbia Pictures, Twentieth Century Fox, Orion Pictures, and Paramount Pictures (Redstone's Viacom would buy Paramount in the 1990s), all of which turned over huge profits when he chose to sell their stock in the early 1980s.

In 1979, he suffered severe burns in a fire at the Copley Plaza hotel, in Boston, but survived after thirty hours extensive surgery at Massachusetts General Hospital. Though he was warned that he might never be able to live a normal life, eight years later he was fit enough to insist on playing tennis nearly every day and to launch a hostile takeover of Viacom.

Career

Source @ Wikipedia




Most Read News 
08/11CARL ICAHN : Cigna Deal Scores Against Icahn -- WSJ
DJ
08/14ELON MUSK : Musk says Silver Lake, Goldman advising on taking Tesla private
RE
08/09ELON MUSK : U.S. SEC examining Musk's tweets on taking Tesla private - WSJ
RE
08/15ELON MUSK : no formal offer, no firm deals with advisers
RE
08/15DAVID EINHORN : Bayer Brings No Relief to Einhorn -- WSJ
DJ
08/14DAVID EINHORN : Billionaire Investor David Einhorn Hit In Monsanto Ruling
DJ
08/09CARL ICAHN : Glenview backs Cigna-Express Scripts deal after Icahn criticism
RE
08/15PHILIP GREEN : MPs ask Philip Green to prove BHS was going concern
RE
08/11ELON MUSK : Tesla CEO Musk accused in lawsuit of defrauding shareholders
RE
08/10ELON MUSK : sources
RE
More news


© 2018 People and Ownership :   
Advertisement
Sumner Redstone : Connections 
Arlington Capital Advisors LLC
CBS Global Distribution Group
The Boston Chamber of Commerce
Rising Star Media LLC
The National Council for Families & Television
NATL. Amusements (UK) Ltd.
The Cohen Group Financial Partners
National Association of Theatre Owners
Bright Horizons Family Solutions LLC
Dana-Farber Cancer Institute, Inc.
Liberty Mutual Group, Inc.
John F. Kennedy Library Foundation
CBS Operations, Inc.


Latest news about Sumner Redstone 
08/10NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/10NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/10WHAT'S NEWS : Business & Finance -- WSJ
DJ
08/10NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/10VIACOM : Redstone Would Limit Viacom Sale -- WSJ
DJ
08/10NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/10SUMNER REDSTONE : Top Company News of the Day
DJ
More news


Popular Business Leaders 
Paul Achleitner William Ackman Frank Appel Luc Besson Jeff Bezos Lloyd Blankfein Vincent Bolloré Warren Buffett Vittorio Colao Tim Cook Serge Dassault Michael Dell Oleg Deripaska Patrick Drahi John Edwards Bill Gates Carlos Ghosn David Henry Heinrich Hiesinger Carl Icahn Charles Koch Brian Krzanich Ulrich Lehner Robin Li Daniel Loeb Jack Ma John Malone Sergio Marchionne Laurent Mignon Leslie Moonves Dennis Muilenburg Rupert Murdoch Elon Musk Xavier Niel Indra Nooyi John Paulson Georges Plassat Miuccia Prada Sumner Redstone Wilbur Ross Howard Schultz Masayoshi Son George Soros Martin Sorrell Rupert Stadler Peter Thiel John Williamson Martin Winterkorn Dieter Zetsche Mark Zuckerberg
A-Z Business Leaders