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Ted Turner, CNN Founder Wiki: Net Worth And Family Life

By Chakrit Subedi | On: 12 Dec, 2019
Ted Turner, CNN Founder Wiki: Net Worth And Family Life

"You should set goals beyond your reach so you always have something to live for."

This is one of the striking quote coined by Media Giant, Entrepreneur and Philanthropist, Ted Turner. Indeed he followed this principle of setting ambitious goals and chased it with utmost passion and determination to reach his destination. Now, he is renown as the founder of CNN, the first 24-hour cable news network.

Let us delve into his life history and Career Accomplishments!

Wiki- Journey To CNN

Ted Turner was born in 1938 at Cincinnati, Ohio. He began his career journey working for his father’s company, Turner Advertising. With his consistent effort and hard work, he became the president and CEO of Turner Advertising in 1963. 

After that, he channeled his vision and transformed his Advertising Company to the broadcasting company. Then, keeping in mind the necessity of a reliable and credible news source, Ted inaugurated the first 24-hour cable news network called CNN in 1980.

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Family- Wife, Kids!

A media mogul, Ted Turner's married life wasn’t an easy one. So far, he got married to three women, but his relationship status always remained in the doldrums.

He first got married in 1960 with Julia (Judy) Gale Nye. She was the daughter of an affluent sailor of Chicago. Together, the couple got blessed with a daughter Laura Lee and Son Robert Edward Turner.

Ted Turner with his first wife Julia(Judy) Gale Nye (Photo: edition.cnn.com)

Unfortunately, after two years of their wedding, Ted's wife Judy filed for a divorce because of Ted’s Alcoholic habits. But after giving birth to the second child Robert, they got reunited. Even after the reconciliation, Ted couldn’t bring any positive changes in his past habits so, Judy finally called it quits. Ted had also won the custody of two children from his first marriage in 1967.

After the split, Ted met Jane Smith when she was serving as a stewardess of Atlanta. They fell for each other and finally had their wedding in 1964. Unhappily, this relationship also couldn’t withstand for long, and the couple officially split in 1987.

Before getting divorced, the couple was living with their three kids named Rhett, Beauregard, and Jennie. Plus.

It didn't stop there for Ted Turner; he tried to forget his bitter past and married Jane Fonda in 1991. From his third spouse, Jane, Ted got blessed with a daughter named Maria Williams. The couple had a good time together until 2001 when Jane filed a divorce against Ted for allegedly having an affair with other girls. Jane Fonda, an Oscar nominee actress for her versatile roles in different movies, was compensated with $70 million after the case was settled. 

In Feb 2012, Ted Turner disclosed about his secret affair with four women to the Telegraph News. As he mentioned to the Newspaper, he spent one week with each girl within a single month.

Net Worth

The estimated net worth of Ted Turner is about $2.2 billion. Thanks to his Broadcasting Corporation CNN, TNT, and TBS, which collectively favored him to enrich his fortunes. He also laid his hands creating Cartoon Network and different animated Television show named Caption Planet and Planeteers.

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Apart from this, he also served as the vice-chairman and head of the cable network division for Time Warner. Plus, he is the co-founder of Ted’s Montana Grill, which has 46 outlets spread over 16 states of the US.

Additionally, Ted has about 2 million acres of land in the United States. Also, he has lavishly spent millions of dollars to renovated his house and transformed it into a luxurious mansion called Casa Grande.

Besides his earnings, Ted has donated more than $1 billion from his fortunes to the United Nations Program for a charity campaign called The Giving Pledge.

Illness

Ted Turner is one of the Among 1.4 million American victims, who is suffering from Lewy body Dementia, a progressive brain disorder. In an exclusive interview with the CBS television in 2018, he mentioned about his deteriorating health. 

The person diagnosed with dementia soon gets fatigued and exhausted. Plus, he develops the symptoms of forgetfulness.