Peter Chernin Net Worth 2023: Businessman, TCG (Updated)

What Is Peter Chernin’s Net Worth? (Recent Reports)

Net Worth $400 Million 
Birth May 29, 1951
Age71 Years Old
Birthplace Harrison, New York, United States of America
Source of Wealth Businessman and Investor
Last Updated 2023

Peter Chernin is an American businessman as well as an investor. As of 2023, he has a net worth of $400 million. He was the former CEO of Fox Entertainment Group.

He owns and runs Chernin Entertainment and The Chernin Group.

Would you like to know more about him? If yes, keep reading!

Peter Chernin Biography/Wikipedia/Wiki

Real Name Peter Chernin 
Known AsPeter Chernin 
Birth Date May 29, 1951
Age 71 Years Old
Gender Male
Horoscope Gemini
Nationality American 
Ethnicity N/A
Religion N/A
Height 6 ft 2 in
Weight 79 kg
Marital Status Married 
SpouseMegan Chernin 
Children 3
Net Worth $400 Million 
Profession Businessman and Investor

How Was Peter Chernin’s Early Life And Education?

Peter Chernin was born in Harrison, New York, United States of America, on May 29, 1951.

His mother is Mary Chernin, and his father is Herbert Chernin. His father was Jewish. 

Chernin was raised as a unitarian.

He attended the University of California, Berkeley. He completed his graduation in bachelor’s degree in English literature.

How Did Peter Chernin Start His Career?

Chernin first began his career in publishing. He was the Associate Publicity Director of St. Martin’s Press. Later, he served as an Editor for Warner Books.

Earlier, he was Executive Vice President of programming and marketing for Showtime/The Movie Channel.

Prior to Showtime, he worked at David Gerber Company as Vice President of Development and Production.

He joined Fox in 1989 after working at Lorimar Film Entertainment. 

He served from 1996 to 2009, as President and Chief Operating Officer of News Corporation and Chairman and CEO of the Fox Group.

Under Chernin’s leadership, two top movies of all time “Titanic” and “Avatar” were produced by Twentieth Century Fox Film Corporation. 

He owns and runs Chernin Entertainment and The Chernin Group (TCG). He founded both companies in 2009. He is the Chairman of TCG.

TCG‘s first feature film “Rise of the Planet of the Apes” was released in August 2011. It crossed more than $480 million at the worldwide box office.

TCG launched CA Media in November 2010. Its aim is to strategically build, manage, and operate media, entertainment, and technology businesses in Asia.

In April 2012, Chernin sold a minority stake in TCG to strategic investment partners Providence Equity Partners, which is a leading private equity firm.

In April 2013, he made a bid of around $500 million for Hulu – an online video streaming service.

In 2018, Chernin, Jesse Jacobs, and Michael Kerns of The Chernin Group formed TCG Capital Management. It is an investment advisory firm.

In October 2010, he was approached by the Tribune Company to be either CEO or Chairman of the board. 

He is currently an investor in technology companies like Flipboard, Pandora, FullScreen, and Tumblr.

He is also the Chairman and Co-founder of Malaria No More. It is a non-profit dedicated to ending deaths due to malaria.

He has previously served on the boards of Twitter, Pandora, News Corp, DirecTV, E-Trade, and Friends of the Global Fight Against AIDS, Tuberculosis, and Malaria.

Peter Chernin’s Personal Life

Chernin married Megan Chernin in 1980. They have three children: John Chernin, Margaret Chernin, and Dave Chernin.

How Does Peter Chernin Make Money?

The major sources of income through which Chernin makes his money are:

  • Earning as a CEO
  • Earning as a chairman
  • Earning as a producer
  • Earning as an executive officer 
  • Earning as a founder

Peter Chernin Filmography


  • Rise of the Planet of the Apes (2011)
  • Parental Guidance (2012)
  • Oblivion (2013)
  • The Heat (2013)
  • Dawn of the Planet of the Apes (2014)
  • The Drop (2014)
  • St. Vincent (2014)
  • Exodus: Gods and Kings (2014)
  • Spy (2015)

Television Shows 

  • Breakout Kings (2011-2012)
  • Terra Nova (2011-2012)
  • Allen Gregory (2011)   
  • New Girl (2011-2018)
  • Touch (2012-2013)

Peter Chernin’s Social Media Accounts

Major Career Highlights

  • He is considered one of the most powerful media executives in the world.
  • He has donated over $100,000 to the Democratic Party, candidates & associated organizations.
  • He hosted Barack Obama at his home for a fundraiser in 2013.
  • He supported Hillary Clinton in the run-up to the 2016 U.S. presidential election.
  • He served as the President and Chief Operating Officer of News Corporation for 12 years.
  • He was the Chairman and Chief Executive Officer of the Fox Group.  
  • He headed Twentieth Century Fox Filmed Entertainment and Fox Broadcasting Company. 
  • He also sits on the Board of American Express. 
  • He serves as a co-chair of the University of California, Berkeley’s board of visitors.
  • He is a Senior Advisor to Providence Equity Partners.

Peter Chernin Quotes

“Never, never tell jokes about a man with easy access to weapons of mass destruction.”

Peter Chernin

“It’s a tough marketplace right now. It is very compressed. A turnaround is likely to happen quicker than before.”

Peter Chernin

“There was no business plan, no model. It was just guts.”

Peter Chernin

Success Lessons From Peter Chernin’s Life

  • Be the best at whatever you do.
  • Keep trying, and keep experimenting with new things.
  • Give your all potential, and focus on your work.
  • Experience leads to better outcomes in the future. 


Peter Chernin is an American businessman and investor.

He serves as the Chairman and CEO of The Chernin Group (TCG). He founded it in 2009.

I hope he has inspired you to take action in your life.

As per recent updates, the net worth of Peter Chernin is $400 million…!

Frequently Asked Questions

These are some of the questions asked about Chernin.

What Does The Chernin Group Own?

The Chernin Group owns digital media, commerce, marketplaces, sports, gaming, consumer finance, and health and wellness brands and platforms.

How Old Is Peter Chernin?

Peter Chernin is currently 71 years old.

Who Owns TCG?

Peter Chernin is the owner of TCG.

Is Peter Chernin Married?

Peter Chernin is married to Megan Chernin.

Does Peter Chernin Have Children?

Peter Chernin has three children: John Chernin, Margaret Chernin, and Dave Chernin.

What Does Peter Chernin Do?

Peter Chernin is an American businessman and investor.  

PS: This is not the exact net worth of Peter Chernin. It may be the same or more. The data given here has been compiled from various high-quality sources.

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