Jerry Weintraub Net Worth

Table of Contents

What is Jerry Weintraub’s Net Worth?

Jerry Weintraub, an American film producer and former music executive, had a net worth of $325 million at the time of his death in 2015. Born on September 26, 1937, in Brooklyn, New York City, Jerry Weintraub achieved immense success throughout his career, making a significant impact in the entertainment industry.

Highlights

– Jerry Weintraub had a net worth of $325 million at the time of his death in 2015.
– He was a renowned American film producer and former music executive.
– Weintraub produced major films such as “Nashville,” “Diner,” “The Karate Kid,” and the remake of “Ocean’s Eleven.”
– He won Emmy Awards for producing “Behind the Candelabra” and “Years of Living Dangerously.”
– Weintraub also produced several Broadway productions and concerts for iconic artists like Elvis Presley, Led Zeppelin, and Frank Sinatra.

Early Life

Jerry Weintraub was born on September 26, 1937, in Brooklyn, New York City, to Jewish parents Rose and Samuel. He was raised in the Bronx and started working as a waiter and theater usher in the Catskills during his teenage years. Weintraub’s early career involved working in the mailroom at MCA Records and serving as an assistant to talent agent Lew Wasserman. After leaving MCA Records, he formed his own management company and co-founded the music group the Doodletown Pipers in the 1960s. He also managed several major acts, including Paul Anka, Pat Boone, and John Denver.

Career

Jerry Weintraub’s career took off when he ventured into concert promotion in 1970. He persuaded Elvis Presley and his manager Colonel Tom Parker to embark on a national tour, marking the beginning of his success in the music industry. Weintraub continued to manage and promote concerts for various renowned artists, including Frank Sinatra, Neil Diamond, Bob Dylan, and the Beach Boys. He gained recognition for organizing large arena concert tours, setting a new trend in the industry.

In 1975, Weintraub got his first film producing credit for Robert Altman’s musical ensemble dramedy, “Nashville.” The film was a huge success and received four Academy Award nominations. He went on to produce films such as “The Karate Kid” and its sequels, “Cruising,” “All Night Long,” and “Diner,” among others.

Throughout his career, Weintraub also focused on television producing, and his credits include numerous specials, series, and made-for-TV movies. He produced acclaimed musical specials featuring artists like Frank Sinatra and John Denver. In recent years, Weintraub’s major accomplishments in television producing include the HBO films “Behind the Candelabra” and the documentary series “Years of Living Dangerously.” He won Emmy Awards for both productions.

Personal Life

Jerry Weintraub was married twice in his lifetime. His first marriage was to Janice Greenberg, with whom he had a son named Michael. After their divorce, Weintraub married singer Jane Morgan in 1965. They adopted three daughters but separated without divorce in the 1980s. After his separation from Jane Morgan, Weintraub lived with his girlfriend Susan Ekins until his passing.

Net Worth Over Time

Jerry Weintraub’s net worth grew significantly over time due to his successful career as a film producer and music executive. At the time of his death in 2015, his net worth was estimated at $325 million. Weintraub’s ventures in the entertainment industry, including film production, concert promotion, and television producing, contributed to his financial success.

Components of Net Worth

Jerry Weintraub’s net worth primarily derived from his ventures in the entertainment industry. As the former CEO of United Artists and the founder of Weintraub Entertainment Group, he earned substantial income from film production. His producing credits for successful films like “The Karate Kid” and the “Ocean’s” trilogy added to his wealth.

Weintraub’s concert promotion and talent management endeavors also contributed significantly to his net worth. Working with iconic artists like Elvis Presley, Led Zeppelin, and Frank Sinatra allowed him to generate substantial profits through ticket sales and artist management fees.

Additionally, Weintraub’s television producing career, which included Emmy-winning productions like “Behind the Candelabra” and “Years of Living Dangerously,” further boosted his net worth.

In summary, Jerry Weintraub’s exceptional career in the entertainment industry, combined with his successful ventures in film production, concert promotion, talent management, and television producing, resulted in a net worth of $325 million at the time of his death in 2015.

Dive into the world of luxury with this video!

Your friends have asked us these questions - Check out the answers!