Ted Sarandos’ net worth 2023: Ted Sarandos is an American businessman. Curious to learn more about Ted Sarandos? Read on as we take you through the biography, age, height, family, house, personal life, education, salary, earnings, and net worth of Ted Sarandos. You’ll also learn how the Netflix co-CEO made his fortune as a bonus.
Biography and Net Worth of Ted Sarandos
| Full Name | Theodore Anthony Sarandos Jr. |
| Date of Birth | July 30, 1964 |
| Age | 58 Years |
| Profession | Businessman |
| Height | 5 ft. 8 in (1.73 m) |
| Nationality | American |
| Source of Wealth | Netflix |
| Salary | $20 Million |
| Net Worth | $280 Million |
| Last Updated | June 2023 |
Ted Sarandos is an American businessman with an estimated net worth of $280 million. Sarandos is famous as the co-chief executive officer and chief content officer for Netflix. Sarandos was also named on Time Magazine’s 100 Most Influential People in the World List.
Additionally, Sarandos served as a member of the Executive committee appointee for the Academy of Television Arts & Sciences. Sarandos has earned quite a fortune over the course of his business career. Read on as we explore Ted Sarandos’ income, salary, earnings, and net worth.
Early Life
Theodore Anthony Sarandos Jr. was born on July 30, 1964, in Phoenix, Arizona, United States. His father, Ted Sarandos Sr, was an electrician and his mother was a homemaker. Ted is the fourth of five children, with three older sisters and a younger brother. Sarandos is of Greek descent.
Sarandos developed knowledge of film and TV as a teenager.
Education
Ted Sarandos attended a local high school in Arizona. After high school, he attended Glendale Community College in Glendale, Arizona.
Career
Ted Sarandos met and interviewed the actor Ed Asner while writing for his high school newspaper. Subsequently, Asner introduced Sarandos to others in the entertainment industry for further interviews and connected his interests in entertainment, politics, and journalism.
In 1983, Sarandos was promoted to store manager of the Arizona Video Cassettes West chain and managed eight retail video stores until 1988. Thereafter, he became Western Regional Director of Sales and Operations for one of the largest video distributors in the United States, East Texas Distributors (ETD).
After meeting Netflix CEO Reed Hastings in 1999, Sarandos joined Netflix a year later. Sarandos serves as Netflix Co-Chief Executive Officer and Chief Content Officer, overseeing Netflix’s original programming and entertainment efforts. Sarandos is also a member of the Peabody Awards board of directors.
As a Chief Content Officer, Sarandos created the model where Netflix purchases multiple seasons of shows without pilot orders. In 2020, Sarandos was announced as Netflix’s co-chief executive officer and member of the company’s board of directors.
Personal Life
Ted Sarandos has been married twice. He married his first wife, Michelle Sarandos with whom he had two children, Sarah and Tony. They divorced years later. In 2009, Sarandos married Nicole Avant.
Ted Sarandos is a Catholic.
Social Media Profile (Instagram, Twitter, Facebook & TikTok)
Ted Sarandos has an impressive number of fans on his social media pages where he shares a bit of his personal life and work-related stuff. Ted Sarandos has over 37,000 Instagram followers as of the time of writing. Sarandos is not active on other social media platforms.
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Ted Sarandos Net Worth, Salary and Earnings 2023
As of June 2023, Ted Sarandos has an estimated net worth of $280 million. Sarandos earns his wealth from his business career. Sarandos earns his wealth through his salary, stock options, and compensation at Netflix.
Ted Sarandos has an annual salary of $20 million with an additional $20 million in stock options.
Ted Sarandos’ House
Sarandos has investments in real estate. In 2010, Sarandos and his wife purchase a home in Beverly Hills, California for $5.4 million. The couple sold the home in 2017 for $8.825 million.
In July 2013, Sarandos and his wife Nicole Avant paid $10.2 million for a home in Malibu Beach. In 2019, the couple listed the home for $14.9 million.
The couple also paid $15.947 million for a mansion in Los Angeles, California.
Sarandos also paid $20 million for a mansion in Malibu, California. The couple sold their Malibu home for $21.25 million and subsequently spent $34 million to acquire a mansion in Montecito, California from talk show host Ellen Degeneres.
Summary
Ted Sarandos is an American businessman with an estimated net worth of $280 million. Sarandos is famous as the co-chief executive officer and chief content officer for Netflix. Sarandos was also named on Time Magazine’s 100 Most Influential People in the World List.
