Discover CEO of ABC Entertainment Ted Harbert Net Worth

Ted Harbert, an American broadcasting and television executive, has built a staggering fortune. He is best known as the former Chairman of NBC Broadcasting. Similarly, he was the President and CEO of the Comcast Entertainment Group and Chairman of ABC Entertainment.

Today, we will reveal Ted Harbert net worth and the factors contributing to his financial riches.  With over 35 years in the entertainment industry, Harbert has held various prominent positions. Likewise, he is responsible for the development and expansion of a few established networks.

Who is Ted Harbert? His Early Years

• Born as Edward W. Harbert III on June 15, 1955, in New York, U.S., he comes from a well-to-do family.
• Ted’s father, Edward W. Harbert II, was an executive producer of NYT Productions at the New York Times Magazine Group.
• While his father was a pioneering television, advertising, and publishing executive, his mother, Marna Harbert, was a well-educated woman.
• One of four children, Harbert was destined to pursue a career in the TV industry.
• Harbert graduated magna cum laude with a degree in Broadcasting and Film from the Boston University School of Communications.
• At Boston, Ted began his broadcasting career at the University’s college radio station, WTBU, where he worked alongside his friend, Howard Stern.

Chairman of ABC Entertainment

After college, Harbert returned to New York and began working for ABC. He began his professional career with a job at ABC Sports. In a short time, Ted quickly rose through the ranks, eventually becoming a producer.

Ted Harbert Net Worth. Image Credit: Instagram.

Ted rose to prominence at ABC, overseeing groundbreaking programs such as The Wonder Years, NYPD Blue, The Practice, and My So-Called Life. In 1999, Harbert was named president of NBC Studios, overseeing primetime, daytime, and late-night programs. In 2004, he was appointed to the position of president of E! Networks.

Harbert’s career continued to flourish, and in the late 1990s, he became the Chairman of ABC Entertainment. During his tenure, he oversaw the network’s programming and played a role in the development of hit shows like The Practice and Who Wants to Be a Millionaire.

ALSO READ: Jami Gertz Biography: From Hollywood Lights to Billionaire Heights.

Comcast and E! Entertainment, NBC Broadcasting

After his time at ABC, Harbert joined Comcast Entertainment Group, where he served as President and CEO. In this role, he was responsible for overseeing E! Entertainment Television, among other networks.

In 2006, Ted was promoted to president and CEO at the Comcast Entertainment Group, overseeing E!, Style Network, G4, Comcast International Media Group, and Comcast Entertainment Productions. Harbert was appointed to his most recent position in 2011, following Comcast’s acquisition of NBC Universal.

Ted Harbert Net Worth. Image Credit: Instagram.

In late 1999, Harbert joined NBC, where he served in various executive positions. He played a pivotal role in the development of popular shows like “The Tonight Show with Jay Leno” and “Late Night with Conan O’Brien.”

Harbert returned to NBC in 2011, this time as Chairman of NBC Broadcasting, where he was responsible for the network’s advertising sales, distribution, and affiliate relations. Throughout his career, Ted Harbert has been associated with various media companies, including serving as Chairman of NBCUniversal Television and overseeing the company’s cable networks.

What is Ted Harbert Net Worth?

According to various websites, Ted Harbert net worth is $50 million. He served as President and CEO of Comcast Entertainment Group, Chairman of NBC, and Chairman of ABC. Harbert has been married to his wife, Lisa Medrano, since June 11, 2011.

Ted Harbert Net Worth. Image Credit: Instagram.

In July 2020, the pair listed their 3,700-square-foot Manhattan swanky SoHo home for $10 million. They purchased their home in 2013 for $7.4 million, which consisted of two units in a five-floor boutique building. Similarly, they own a golf estate in Amenia, New York, for $1.75 million. Throughout his career, he has been involved in the development and management of numerous television programs.