What is Tom Werner's Net Worth?
Tom Werner is an American television producer, screenwriter, director, and businessman who has a net worth of $700 million. His earned a fortune in the television industry producing such series as The Cosby Show, Roseanne, 3rd Rock from the Son and That 70s Show. From there he invested in sports teams. He is currently an owner of the Boston Red Sox and Liverpool Football Club.
Tom Werner was born in New York City, New York in April 1950. He graduated from Harvard University with a degree in English. He joined ABC-TV in 1973 and became Director of East Coast Prime Time Development in 1975. In 1979 he became Senior Vice President of the prime time department. He and partner Marcy Carsey saw Robin Williams perform in a comedy club and launched the show Mork & Mindy. He was also responsible for starting Tom Hanks' career in Bosom Buddies, Billy Crystal in Soap, and Danny DeVito in Taxi.
Marcy and Tom co-founded The Carsey-Werner Company in 1980 and executive produced The Cosby Show, 3rd Rock from the Sun, Roseanne, and That 70s Show. He made $600 million selling The Cosby Show into syndication. Werner was inducted into the Television Hall of Fame in 1996. He and Carsey were close friends and advisors for Bill and Hillary Clinton. Werner and Casey helped start Oxygen network in 2000. He was part of a group that owned the San Diego Padres and was responsible for invited Roseanne Barr to sing The Star-Spangled Banner. He sold his majority share to John Moores for $80 million in 1994 and sold his 10% share to Moores in 2007. He is a co-founder of Fenway Sports Group which paid $660 million for the Boston Red Sox in 2002 when he assumed office as the team's Chairman. Tom Werner became Chairman of Liverpool in 2010 after it was purchased by FSG.