How rich is Byron Allen? Net worth, career, salary

Byron Allen, an American businessman, is now popular online after paying $100 million for an 11,000-square-foot property in Malibu. Allen’s newly purchased property has four bedrooms, two guest accommodations, a home theater, tennis court, gym and yoga studio. The presence of the Pacific Ocean directly in front of the mansion adds to its magnificence. A fireplace, custom walk-in closets, and a private patio are among the home’s basic amenities. If Byron doesn’t want to walk to the beach, he can use the golf cart. Byron bought the land from the co-founders of Public Storage. Jan Koum, the co-founder of WhatsApp, lives next door. Coldwell Banker Realty’s Jade Mills listed the property.

The net worth of Byron Allen

Byron Allen is an entrepreneur, comedian, television producer and philanthropist. He is the CEO of Entertainment Studios, a media company. CelebrityNetWorth estimates the 61-year-old net worth at about $800 million. Aside from his job in the entertainment industry, Allen’s business pursuits have been his main source of income. Allen’s company stated in 2018 that it would pay $300 million for The Weather Channel, excluding Internet assets such as and applications previously sold to IBM. Allen signed a $300 million contract with USA Television to buy 11 television channels by 2020.

Byron Allen

Byron Allen and Sinclair Broadcast Group will pay $10.6 billion to Walt Disney/Fox in 2020 for 21 regional sports networks. In addition, he spent $165 million to acquire Bayou City Broadcasting, which operates four radio stations. In 2020, he expected to invest $500 million in network affiliates and about $10 billion in acquisitions over the next four years. In July of this year, Allen’s company also spent $11 million on the Black News Channel television network.

The homes of Byron Allen

Byron Allen spent $422.8 million in 2018 for a beachfront estate in Maui. The home has an elevator, 500-bottle wine cellar, outdoor spa, swimming pool, three-car garage and 1,700 square feet of porch in addition to 7,300 square feet of living space and five bedrooms.

Byron Allen

Allen then paid $20 million for a home in Beverly Hills in 2019. It offers 11,266 square feet of living space and eight bedrooms, and sits on more than a third of an acre. He spent $26.75 million the same year for a 3,000-square-foot condominium in 220 Central Park South. In 2020, he also spent $27 million on a house in Aspen, Colorado. Formerly owned by a Mexican entrepreneur, the 9,000-square-foot property features views of the surrounding mountains, an outdoor pool, glass walls, and a second-floor patio.