Peter Guber Net Worth
Peter Guber
Body Measurement
Body typeAthletic
Height5 feet 5 inches
Weight75 kg
Hair ColorDark brown
Eye ColorDark brown
Shoe Size10 (US)
Full NameHoward Peter Guber
NicknamePeter Guber
GenderMale
Date of BirthMarch 1, 1942
Age81 Years
ProfessionProducer, executive, entrepreneur
Peter Guber Net Worth$800 Million
Education Syracuse University (BA),
New York University (JD and LLM)
NationalityAmerican
BirthplaceBoston, Massachusetts, U.S.
HometownBoston, Massachusetts, U.S.
ReligionChristianity
Zodiac SignPisces
FatherSam Guber
MotherRuth 
SpouseTara Gellis (m. 1964)
Children4
Siblings3
Personal Websitepeterguber.com/
IMDBPeter Guber
Keynote Speaker BiographyPeter Guber
Peter Guber Net Worth

Childhood & Early Life

Guber was born into a Jewish family in Boston, Massachusetts, the son of Ruth (née Anshen) and Sam Guber (married in 1929).

Peter Guber Net Worth
Peter Guber young

His father owned a junk business in Somerville, Massachusetts. As a child, Guber was noted as a “very smart, wired kid” by a childhood acquaintance. He attended John Ward Elementary School and Newton North High School.

Guber’s childhood included a love of the Boston Red Sox and Fenway Park, which foreshadowed his later participation in the group that purchased the Los Angeles Dodgers.

Peter Guber Net Worth

Following high school graduation, Guber enrolled in the pre-law curriculum at Syracuse University. He played intramural football and rushed the Zeta Beta Tau fraternity.

Guber spent his junior year abroad at Syracuse’s Florence, Italy campus. At Syracuse, he met his future wife, Tara Lynda Francine Gellis, whom he married in 1964.

Peter Guber Net Worth

Guber enrolled at New York University, where he earned his J.D. and LL.M. law degrees, studying for his MBA at night. As he neared graduation in 1968, Guber accepted a position with Columbia Pictures as a management trainee.

Guber is married to Lynda Francine “Tara” Gellis, with whom he has four children: Elizabeth Sugarman, Jodi Brufsky, Samuel Guber, and Jackson Guber.

Guber’s most recent business book, Tell to Win: Connect, Persuade, and Triumph with the Hidden Power of Story, became a No. 1 New York Times bestseller.

Peter Guber Net Worth

Guber is also noted for other books that include Inside the Deep and Shootout: Surviving Fame and (Mis)Fortune in Hollywood, which became a television series on AMC called Shootout.

Guber hosted the show from 2003 to 2008 with Peter Bart, editor of Variety. Guber wrote a cover article for the Harvard Business Review, titled “The Four Truths of the Storyteller”.

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Career

Guber joined Columbia Pictures in 1968 as an assistant to Jerry Tokofsky, who headed the studio’s creative affairs department, which had the tasks of evaluating scripts and overseeing actors, directors, and producers. Tokofsky later spoke warmly of Guber’s usefulness to him.

Peter Guber Net Worth

At Columbia, Guber, an exceptionally early proponent of computerization and entertainment technologies, began computerizing files on working actors and made available tape-recorded summaries of scripts for other executives to listen to while bathing.

A year after arriving at Columbia, Guber, having witnessed a demonstration of an early video cassette machine, published “The New Ballgame/The Cartridge Revolution,” an analysis of the changes to be wrought by home video technology, in the journal Cinema.

Guber launched his career as an independent film producer with The Deep (1977), which became one of the highest-grossing films of the year. Guber also bought the rights and served as executive producer for Midnight Express (1978).

Peter Guber Net Worth

Produced by Alan Marshall and David Puttnam, the film earned seven Academy Award nominations including Best Picture. The National Association of Theatre Owners named Guber Producer of the Year.

In 1980, Guber rechristened the film division of Casablanca Filmworks as PolyGram Pictures, which was going to be PolyGram’s motion picture and television division where he was Chairman of the Board and CEO.

He, along with Neil Bogart and Jon Peters were planning to be partners of Boardwalk Records, but Guber instead joined PolyGram Pictures at the last minute. He sold his interest in PolyGram in 1982 and then formed and served as co-owner of the Guber-Peters Company (GPC) along with producer Jon Peters.

Peter Guber Net Worth

In 1988, GPC became a public company when it merged with game show production company Barris Industries. On September 7, 1989, Barris Industries was renamed Guber-Peters Entertainment Company.

On September 28, 1989, Sony Corporation announced its intention to buy GPEC. The sale was completed on November 9, 1989, a day after Sony acquired Columbia Pictures Entertainment.

Mandalay Pictures, a division of Mandalay Entertainment Group produces motion pictures for the global marketplace. Mandalay has had distributor relationships through first look deals with Universal Pictures, Paramount Pictures, and Sony Pictures Entertainment.

Peter Guber Net Worth

Mandalay Vision was Mandalay Entertainment Group’s independent development, production, and financing label.

Mandalay Vision’s first release, The Kids Are All Right (2010), directed by Lisa Cholodenko and starring Julianne Moore, Annette Bening, and Mark Ruffalo, won the Golden Globe for Best Motion Picture – Musical or Comedy, and was nominated for four Academy Awards, including Best Picture.

Mandalay Television’s Blood Crime, starring James Caan and Jonathan Schaech, was USA Network’s highest-rated Crime Friday movie for 2002.

From best-selling author Nora Roberts, Peter Guber adapted several books into Lifetime movies. More than 34 million viewers tuned in to the first collection of four movies: Angels Fall, Blue Smoke, Carolina Moon, and Montana Sky.

Peter Guber Net Worth

Following the initial Nora Roberts adaptations, Mandalay Television produced the Nora Roberts II Collection, with four more all-new original movies: Northern Lights, Midnight Bayou, High Noon, and Tribute.

The second collection was seen by over 49 million viewers, and Northern Lights was one of the top-rated cable movies in 2009. Mandalay Television completed the ninth installment in the franchise, Carnal Innocence, starring Gabrielle Anwar, which premiered on Lifetime in June 2011. The tenth movie, Brazen Virtue, will soon be produced for Netflix.

Peter Guber Net Worth

Peter Guber serves as chairman of the board of directors and is the managing partner of Mandalay Baseball LLC, which is a joint venture with ownership of the Los Angeles Dodgers. Mandalay Baseball recently acquired the Oklahoma City Dodgers, the Triple-A affiliated Minor League Baseball franchise.

In September 2012, Peter Guber and Mandalay Entertainment joined a partnership that purchased Dick Clark Productions from Red Zone Capital Management.

Productions include specials such as The Golden Globes, The American Music Awards, The Academy of Country Music Awards, New Year’s Rockin’ Eve, and the hit reality show So You Think You Can Dance. The partnership sold DCP in 2016.

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Peter Guber Net Worth

major Works/filmography

YearMajor Work
1977The Deep
1981An American Werewolf in London, Mysteries of the Sea
1983D.C. Cab
1985The Legend of Billie Jean, Vision Quest, Oceanquest
1986The Clan of the Cave Bear, Youngblood
1987Who’s That Girl, Bay Coven
1989Tango & Cash, Finish Line
1992Batman Returns
1994With Honors
1998Mercy Point
2003Alex & Emma, Rude Awakening
2007Angels Fall, Montana Sky, Carolina Moon
2015Untitled NBA Project
2017Mark Felt: The Man Who Brought Down the White House
2021I Know What You Did Last Summer
2023Heart of a Lion

Books

Guber is the author of three books. His 2011 book, Tell to Win, reached No. 1 on the New York Times Hardcover Advice & Miscellaneous Best Sellers list.

  • Peter Guber (1977). Inside the Deep. Bantam. ISBN 978-0-553-11136-1.
  • Peter Guber and Peter Bart (2003). Shoot Out. Perigee Trade. ISBN 978-0-399-52888-0.
  • Peter Guber (2011). Tell to Win: Connect, Persuade, and Triumph With the Hidden Power of Story. Crown Business. ISBN 9780307587954.
Peter Guber Net Worth

Awards and Achievements

  • His most recent business book, Tell To Win – Connect, Persuade, and Triumph with the Hidden Power of Story, became an instant #1 New York Times bestseller.
  • Guber produced or executive produced (personally or through his companies) films that garnered five Best Picture Academy Award nominations (winning for Rain Man) and box office hits that include The Color Purple, Midnight Express, Batman, Flashdance, The Kids Are All Right and Soul Surfer.
  • Owner of the five-time National League West Champion, Los Angeles Dodgers, and an Owner and Executive Chairman of Major League Soccer’s Los Angeles Football Club (LAFC).
  • Peter Guber is a noted author with works including Shootout: Surviving Fame and (Mis)Fortune in Hollywood, which became a 7-year television series on AMC that he hosted
Peter Guber Net Worth

Peter Guber Net Worth

Peter Guber is an American film producer, sports team owner and investor who has a net worth of $800 million. More recently Peter is probably best-known as one of the owners of the Golden State Warriors NBA team.

Peter Guber Net Worth
Peter Guber house

Peter and fellow investor Joe Lacob led a group of buyers in acquiring the Warriors in 2010 for a mere $450 million. A rookie player named Stephen Curry had been drafted by the team just a few months earlier. Under Lacob and Guber the team has won three NBA championships. Today the Warriors are worth an estimated $6 billion.

Controversy

A former assistant to Peter Guber has filed a lawsuit against the producer, his Mandalay Entertainment outfit, and Sony Pictures Entertainment, alleging sexual harassment and a hostile working environment.

In a complaint filed Nov. 17 in L.A. Superior Court, Suzanne Clark claims Guber “repeatedly made degrading comments of a sexual nature to and about (her) in an offensive manner.” Her lawsuit seeks redress under the law that prohibits employers or their agents from sexually harassing employees.

After five tumultuous years, Peter Guber stepped down as chairman and chief executive of Sony Pictures Entertainment and apparently will be rewarded for what is generally regarded as a singularly unsuccessful tenure there.

Peter Guber Net Worth

This ends what some in Hollywood perceive as one of the most expensive mistakes in the history of the entertainment business: Sony’s insistence on hiring Guber and keeping him in the top job at the studio.

Entertainment industry executives estimate that Sony has poured more than $8 billion into the studio that it bought in 1989 — more than $1 billion just to obtain the services of Guber and his onetime partner, Jon Peters.

Most industry observers believe that Sony has been losing at least $200 million a year on movies.

Guber spent Sony’s money extravagantly from the start, dazzling Hollywood with the millions he put into everything from scripts to corporate planes to redecorating offices. Soon the studio had an overhead that was estimated to be twice as high as average. 

Peter Guber Net Worth

10 things you didn’t know about Peter Guber!

  • Peter Guber co-founded Mandalay Entertainment, a leading multimedia entertainment company that specializes in film and television production.
  • As the chairman of Sony Pictures Entertainment, Peter Guber played a key role in the success of the company. Under his leadership, Sony Pictures released several commercially successful and critically acclaimed films.
  • He is an Oscar-winning producer, having received the Academy Award for Best Picture for the film “Rain Man” in 1989.
  • Guber is part of the ownership group that acquired the Golden State Warriors, an NBA team.
  • His involvement in sports ownership is not as widely recognized as his contributions to the entertainment industry.
  • As the founder and CEO of Mandalay Entertainment, Guber has been involved in the production of numerous successful films, including “The Color Purple,” “Rain Man,” and “Batman.”
  • Guber has served on the boards of several major companies, including Dick Clark Productions, Demand Media, and the Boston Celtics.
  • His diverse board memberships reflect his wide-ranging interests and expertise.
  • Known for his innovative leadership style, Guber emphasizes the importance of emotional connections and storytelling in business.
  • His approach goes beyond traditional management strategies, incorporating the art of narrative to connect with audiences and stakeholders.

FAQs

Is Peter Guber involved in sports ownership?

Peter Guber is part of the ownership group that acquired the Golden State Warriors, an NBA team. His involvement in sports ownership showcases his diverse interests beyond the entertainment industry.


What is the focus of Peter Guber’s book, “Tell to Win”?

“Tell to Win” explores the persuasive power of storytelling in business and leadership. Peter Guber emphasizes the importance of crafting compelling narratives to connect with others and achieve success in various professional endeavors.


Has Peter Guber been involved in academia?

Peter Guber has taught courses at the UCLA School of Theater, Film, and Television, sharing his industry knowledge and experience with aspiring professionals.


What other entrepreneurial ventures has Peter Guber been a part of?

In addition to Mandalay Entertainment, Peter Guber co-founded Mandalay Sports Media, showcasing his involvement in ventures beyond traditional entertainment.

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