Byron Allen’s Earnings: Media Mogul Buys $100 Million Mansion, Revealing Wealth!

By Willie Neal Last updated Oct 12, 2022

Byron Allen bought an 11,000-square-foot Malibu house for $100 million.

Allen’s new estate contains four bedrooms, two guest houses, a theatre, a tennis court, a gym, and a yoga studio. The house’s location in front of the Pacific Ocean makes it excellent.

The property comes with a fireplace, bathroom, bespoke walk-in closets, and a private patio as standard features. Byron has the option of using the golf cart if he doesn’t want to walk to the beach.

The Public Storage co-founders sold the facility to Byron. He lives adjacent to Jan Koum, a co-founder of WhatsApp. Coldwell Banker Realty’s Jade Mills listed the home.

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Investigating Byron Allen’s Net Worth

The well-known businessman, comedian, TV producer, and philanthropist Byron Allen. He oversees Entertainment Studios, a business that provides entertainment.

The 61-year-net old’s worth is estimated to be about $800 million by CelebrityNetWorth. His main source of income has been his job in the entertainment sector and his entrepreneurial endeavors.

The Weather Channel would be purchased by Allen’s company for $300 million, excluding internet resources like Weather.com and apps that had previously been sold to IBM, according to a 2018 announcement. Allen and USA Television reached a $300 million agreement in 2020 to buy 11 broadcast television stations.

2020 will see Byron Allen and Sinclair Broadcast Group spend $10.6 billion to acquire 21 regional sports networks from Walt Disney/Fox. Additionally, he spent $165 million to acquire Bayou City Broadcasting, a company with four radio stations. Then, in 2020, he made a $500 million investment in network affiliates and announced that over the following few years, he would spend roughly $10 billion on acquisitions.

Additionally, in July of this year, Allen’s business paid $11 million to acquire the Black News Channel television network.

Residences that Byron Allen owns

Byron Allen spent 422.8 million on a Maui house with ocean views in 2018. The estate contains five bedrooms, 7,300 square feet of living space, an elevator, a wine cellar with 500 bottles, an outdoor spa, a pool, a three-car garage, and 1,700 square feet of lanais.

In 2019, Allen spent $20 million on a Beverly Hills house. It is situated on more than a third of an acre of property and includes eight bedrooms and 11,266 square feet of living space. He spent $26.75 million on a 3,000-square-foot condo at 220 Central Park South that same year.

In 2020, he also spent $27 million on a house in Aspen, Colorado. The $35 million estate, which is 9,000 square feet and was formerly owned by a Mexican businesswoman, has a view of the mountains nearby, an outdoor pool, glass walls, and a second-story patio.