Charles Ergen’s profile picture

Charles Ergen

Founder and Chairman, DISH Network
Charles Ergen’s profile picture
Net worth 2018: $12.95 Billion
Industry: Media
Residence: Denver, Colorado
Country: United States
BirthDay: 1 March 1953
Sigh: Aries
Children: 5
Education: Bachelor of Arts / Science, University of Tennessee Knoxville; Master of Business Administration, Wake Forest University School of Business
BIOGRAPHY

Charles Ergen was bornon 1 March 1953 in Denver, Colorado, United States, is Founder and Chairman, DISH Network. Charles Ergen is #110 in List Billionaires People In The World. Charlie Ergen is the cofounder and chairman of satellite TV provider DISH Network, and satellite communications firm EchoStar. In 1980 he began selling satellite dishes outside of Denver, Colorado from the back of a truck. That business grew into DISH Network and EchoStar. DISH went public in 1996; Ergen owns 48%. EchoStar, which operates the hardware side of the business, was spun off from DISH in 2008. Four years after leaving as chairman of DISH, Ergen returned as CEO in 2015.

NET WORTH STATISTIC
2009

$4.9 Billion

2010

$5.2 Billion

2011

$6.4 Billion

2012

$9 Billion

2013

$12.5 Billion

2014

$17.2 Billion

2015

$16.4 Billion

2016

$14.7 Billion

2017

$18.3 Billion

2018

$12.95 Billion

TIMELINE
2015

Ergen resumed as CEO upon Clayton's March 31, 2015 retirement

2014

With an estimated 2014 net worth of $17B, Ergen is reportedly the wealthiest person in Colorado

2013

In 2013, Ergen angered his counterparts in negotiations to acquire Sprint by making a direct bid for Sprint's Clearwire subsidiary

2012

In 2012, the Big Four Broadcasters, NBC, CBS, ABC and Fox filed a suit against Dish Network after it launched AutoHop, a technology that records broadcasting programming and plays it back without commercials

2011

He stepped down as CEO in May 2011 in favor of Joseph Clayton

2007

’ Ergen was named one of the ‘World’s Best CEOs’ by Barron’s magazine in 2007

2001

Ergen also won the Frost & Sullivan 2001 CEO of the Year of the Satellite Industry

2000

In 2000 he was named ‘Space Industry Business Man of the Year

1999

Ergen played a key role in fighting for American consumers’ rights to watch local television channels via satellite, which became a reality after the Satellite Home Viewer Improvement Act was passed in 1999

1996

He was recognized with a Rocky Mountain News’ Business Person of the Year Award in 1996, and honoured a second time in 2001

1991

In June 1991, Ergen was named ‘Master Entrepreneur of the Year’ for the Rocky Mountain region by INC Magazine

1990

In 1990 Ergen pushed EchoStar into the big leagues by raising $335 million in junk bonds and purchasing orbital slots for satellites

1980

In 1980 Ergen, his future wife Candy, and Jim Defranco started a new business called EchoSphere Corporation, investing $60,000 to purchase two C-Band antennas, targeting rural Colorado

1953

"Ergen was born into an Episcopalian family in Oak Ridge, Tennessee, on March 1, 1953, the fourth of five children born to Viola (née Siebenthal) and William Krasny Ergen

1944

His parents married in Minnesota in 1944 and then moved to Camden, New Jersey, before settling in Oak Ridge where his father accepted a position at the Oak Ridge National Laboratory

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