Warner Bros CEO David Zaslav is Overseeing Major Changes in the Industry; Here's His Net Worth
| Name | David Zaslav |
| Net Worth | $400 Million |
| Salary | $32 Million+ |
| Annual Income | $39.3 Million |
| Source of Income | Business |
| DOB | Jan 15, 1960 |
| Age | 63 years old |
| Gender | Male |
| Profession | Businessperson |
| Nationality | American |
The chief executive of a conglomerate that includes HBO, Warner Bros, and CNN, described as an outsider and an antihero in Hollywood, David Zaslav has accumulated a remarkable net worth of $400 million. Discovery, a media conglomerate formed in 2022 through the merger of Discovery and WarnerMedia. Previously, Zaslav held the position of CEO and president at Discovery, where he oversaw a transition from educational programming to reality television. David Zaslav's journey in the media industry began in 2006 when he joined John Malone's media conglomerate, Discovery. He has managed networks such as HGTV, TLC, Animal Planet, Food Network, and the Oprah Winfrey Network. As the CEO of Warner Bros. Discovery, he now supervises a wide array of media assets, including Warner Brothers film and TV studios, HBO, CNN, TNT, and TBS. The chief executive who had become the highest paid in 2014, has advocated a reset for the business.
What are David Zaslav's sources of income?
David Zaslav's wealth primarily stems from his extensive career in the media industry. Over the years, he has earned a significant income from stock grants, bonuses, and other compensation packages.
David Zaslav's salary
Between 2006 and the end of 2022, he amassed a remarkable $750 million in compensation. Zaslav's base salary in his current role at Warner Bros. Discovery is $3.1 million, in addition to stock grants and bonuses. In 2010, he earned an impressive $42.6 million, in 2014, David Zaslav earned a staggering $152 million from Discovery Communications, In 2018, his income amounted to $129.4 million, in 2021, his total compensation reached $246.6 million, with a significant portion coming from a $203 million stock option grant.
In 2022, Zaslav earned $39 million, with a breakdown of $3.1 million as the base salary, $12 million in stock awards, $1.4 million in stock options, $21.8 million as a non-equity incentive plan compensation, and $925,489 in other compensation.
Business ventures
Zaslav's tenure at NBC Universal, which began in 1989, saw him hold key positions, including the presidency of the Cable and Domestic TV and New Media Distribution arm. Here, he was responsible for content distribution and played a pivotal role in the creation and launch of news networks like CNBC and MSNBC.
Real estate and total assets
David Zaslav has invested in various real estate properties, further contributing to his total assets. He owns multiple homes across the United States, including a seven-bedroom duplex in Central Park West, a substantial oceanfront mansion in East Hampton, and an estate in Beverly Hills, among others.
Earnings growth by year
| Year | Earnings |
| 2021 | $340 Million |
| 2022 | $380 Million |
| 2023 | $400 Million |
Personal life and awards
Zaslav was born in Brooklyn, New York, in 1960 to a Jewish family of Ukrainian and Polish heritage. He attended Binghamton University and later earned his JD with honors from the Boston University School of Law. Zaslav began his career as an attorney and later ventured into the media industry.
Throughout his career, Zaslav has received several awards and honors. Notable among them are the Steven J. Ross Humanitarian Award from the United Jewish Appeal Federation of New York in 2012, the Fred Dressler Leadership Award from Syracuse University's S. I. Newhouse School of Public Communications in 2014, induction into the Cable Hall of Fame in 2017, and being named one of Time's "100 Most Influential People" in 2022.
FAQs
How did David Zaslav amass his $400 million net worth?
David Zaslav's net worth primarily comes from his career in the media industry, with significant earnings from his roles as CEO and president of Discovery and Warner Bros. Discovery.
What are some of David Zaslav's notable achievements?
Zaslav has received several awards and honors, including the Steven J. Ross Humanitarian Award, the Fred Dressler Leadership Award, and induction into the Cable Hall of Fame.
What is David Zaslav's current role in the media industry?
David Zaslav currently serves as the CEO and president of Warner Bros. Discovery, overseeing a wide range of media assets, including film and TV studios, news networks, and reality networks.
