Chris Albrecht: Net Worth and Career Highlights
Chris Albrecht, an influential American media executive, has amassed a significant net worth of $160 million. Born in Queens, New York, in July 1952, Albrecht has established himself as a key figure in the entertainment industry.
Leadership at Starz
Today, Chris Albrecht is renowned for his role as the Chief Executive Officer and President of Starz. Under his leadership, the company has expanded its reach to include Starz Networks, Starz Distribution, Starz Worldwide Distribution, Starz Animation, Starz Digital Media, and Anchor Bay Entertainment. Albrecht's strategic vision and dedication have cemented Starz as a leading force in the media sector.
Salary Milestones
Albrecht's leadership roles have been accompanied by substantial financial rewards. Annually, his salary at Starz amounts to $20 million. Notably, in 2013, he earned an impressive $31 million, reflecting his significant contribution to the company.
Tenure at HBO
Prior to joining Starz, Chris Albrecht had a remarkable 22-year tenure at HBO, where he served as Chairman and CEO. His time at HBO was marked by the creation and success of several iconic television series, including:
- The Sopranos
- Deadwood
- Sex and the City
- Entourage
- Six Feet Under
- The Wire
- Band of Brothers
Entrepreneurial Ventures
In 2008, Chris Albrecht founded Foresee Entertainment, an independent content creation, development, and distribution company. His entrepreneurial spirit continued to thrive as he took on leadership roles, including serving as president of IMG Global Media and IMG Entertainment. Additionally, he was a Special Limited Partner at Forstmann Little & Company.
Industry Accolades
In recognition of his substantial contributions to the media industry, Chris Albrecht was inducted into the Broadcasting & Cable Hall of Fame in 2006, solidifying his legacy as a pioneering media executive.
Real Estate Ventures
Chris Albrecht has made notable investments in real estate. In April 2018, he listed his Santa Monica home for $8 million. In 2017, he sold a Brentwood property, which he had purchased for $5 million, for a substantial profit at $7 million.