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Jerry Perenchio, former chairman of Univision, passes this week at age 86.

H

Hot Hits

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Jerry Perenchio, the Los Angeles billionaire former chairman of Univision Communications, has died at age 86, his family confirmed Wednesday.

A. Jerrold Perenchio bought the Univision network in 1992 for $550 million and built it into a powerful Spanish-language media empire, acquiring multiple radio and television stations as well as record companies.

He sold the company in 2007 for $13.5 billion.
 
Hot Hits said:
Jerry Perenchio, the Los Angeles billionaire former chairman of Univision Communications, has died at age 86, his family confirmed Wednesday.

A. Jerrold Perenchio bought the Univision network in 1992 for $550 million and built it into a powerful Spanish-language media empire, acquiring multiple radio and television stations as well as record companies.

He sold the company in 2007 for $13.5 billion.
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The essence of Jerry is found in his "Rules of the Road" which are accurately transcribed here:

http://managingpeople.blogspot.com/2008/03/perenchios-rules-of-road.html

When Jerry and his group of investors and bankers sold Univision, his share was reportedly around $1.3 billion.
 
TheBigA said:
Smart man. Got out at a good time.
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Very smart, and ran an organization that was good to work for. He definitely applied the rule about hiring people smarter than oneself and populated the company with very talented professionals.
 
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