⬅ # 708 Arte Moreno|# 710 Yitzhak Tshuva ➡

# 709 Barry Diller 

$4.82B

Real Time Net Worth
as of 12/11/2024
-$27.8M (-0.58%)

# 709 Barry Diller 

$4.82B

Real Time Net Worth
as of 12/11/2024
-$27.8M (-0.58%)
OccupationFounder and Chair, IAC
Source of WealthOnline Media
Age82
ResidenceNew York, New York
Marital StatusMarried
EducationDrop Out, University of California, Los Angeles
Age-Adjusted Net Worth$1.09B
Barry Diller
Barry Diller
United States
Net worth: $4.82B

Self-Made Score 

TAG Heuer Formula 1 Automatic Chronograph

Wealth History

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Biography

Overview

Barry Charles Diller is an American billionaire businessman known for his role in founding IAC and Expedia Group.
He began his career at ABC, Paramount, and Fox, overseeing the launches of hit TV shows like 'Cheers' and 'The Simpsons'.
Diller's ventures include IAC, which owns Dotdash Meredith and Care.com, and Expedia, where he serves as chairman.
He's renowned for his innovative projects such as Pier 55, a park and performance venue in the Hudson River.
Married to fashion designer Diane Von Furstenberg, Diller has played a pivotal role in the media and entertainment industry for decades.

Early Life and Career Beginnings

Born on February 2, 1942, in San Francisco, California, to Michael Diller and Reva Addison.
Started his career in the mailroom of William Morris Agency, absorbing industry knowledge by reading archives.
Joined ABC under Elton Rule, overseeing broadcast rights negotiations and pioneering made-for-TV movies.
Served as chairman and CEO of Paramount Pictures, producing hits like 'Laverne & Shirley' and 'Raiders of the Lost Ark'.
Held positions of chairman and CEO at 20th Century Fox, launching the Fox network and greenlighting iconic shows like 'The Simpsons'.

Entrepreneurial Ventures and Leadership

Founded IAC/InterActiveCorp, a conglomerate owning brands like HomeAdvisor, Match Group, and Vimeo.
Acquired HSN and merged it with Silver King Broadcasting to form HSN, Inc., later sold to Univision.
Purchased USA Network and Sci Fi Channel, later sold to Vivendi.
Led IAC's strategic acquisitions, including Ask.com and expansion into internet search.
Chaired Expedia Group, overseeing its growth and navigating challenges such as the COVID-19 pandemic.

Notable Projects and Initiatives

Developed Pier 55, also known as 'Little Island', a park and performance venue in the Hudson River.
Co-produced over ten Broadway shows, including 'To Kill A Mockingbird' and 'West Side Story'.
Oversaw the construction of IAC Building in Manhattan, designed by Frank Gehry.
Advocated against media consolidation on PBS's 'NOW with Bill Moyers', cautioning against oligarchical control.
Mentored prominent figures in media and tech, dubbed 'The Killer Dillers', including Michael Eisner and Jeffrey Katzenberg.

Legal and Controversial Issues

Subject to investigation by SEC and DOJ for insider trading allegations regarding options on Activision Blizzard.
Diller denied accusations, claiming it was a 'lucky bet' and facing scrutiny alongside David Geffen and Alex Von Furstenberg.

Barry Diller's Wealth is Equivalent to:

3,708,237 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

911,447 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

49,231 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Barry Diller?

If you started with $10,000 and invested an additional $500 each month at a 43.53% CAGR, it would take you 5 years to reach Barry Diller's net worth of $4.82B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 63.87% compared to 28.04% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Barry Diller is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Barry Diller, Online Media is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey