Age, Biography and Wiki
Charlie Ergen (Charles William Ergen) was born on 1 March, 1953 in Oak Ridge, Tennessee, US, is an American businessman. Discover Charlie Ergen's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 71 years old?
Popular As |
Charles William Ergen |
Occupation |
Businessman |
Age |
71 years old |
Zodiac Sign |
Pisces |
Born |
1 March, 1953 |
Birthday |
1 March |
Birthplace |
Oak Ridge, Tennessee, US |
Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 1 March.
He is a member of famous Businessman with the age 71 years old group. He one of the Richest Businessman who was born in United States.
Charlie Ergen Height, Weight & Measurements
At 71 years old, Charlie Ergen height not available right now. We will update Charlie Ergen's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Charlie Ergen's Wife?
His wife is Candy Ergen
Family |
Parents |
Not Available |
Wife |
Candy Ergen |
Sibling |
Not Available |
Children |
5 |
Charlie Ergen Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Charlie Ergen worth at the age of 71 years old? Charlie Ergen’s income source is mostly from being a successful Businessman. He is from United States. We have estimated Charlie Ergen's net worth, money, salary, income, and assets.
Net worth |
US$10.5 billion (November 2019) |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Businessman |
Charlie Ergen Social Network
Timeline
His parents married in Minnesota in 1944 and then moved to Camden, New Jersey, before settling in Oak Ridge where his father accepted a position at the Oak Ridge National Laboratory.
Ergen received a Bachelor of Arts from the University of Tennessee at Knoxville, where he was a member of Phi Gamma Delta fraternity and an M.B.A. from Wake Forest University.
He was a professional blackjack and poker player.
Ergen is well known for his frugality.
His office is furnished with second-hand couches and he does not fly first class.
Ergen used to sign all the checks his company issued but currently signs only checks for $100,000 or more.
Ergen's supporters call his negotiating style patient and prudent.
He is married to Cantey ("Candy") McAdam.
They live in The Village at Castle Pines, Colorado.
Charles William Ergen (born March 1, 1953) is an American businessman.
He is co-founder and chairman of Dish Network and EchoStar.
Ergen was born into an Episcopalian family in Oak Ridge, Tennessee, on March 1, 1953, the fourth of five children born to Viola (née Siebenthal) and William Krasny Ergen.
His mother was one of the first female accountants in the state of Minnesota.
His father was an Austrian immigrant who was working in Sweden as a nuclear physicist, and left Europe prior to World War II.
His father coined the phrase "China syndrome".
After graduating with an M.B.A. from Wake Forest in 1976, Ergen worked as a financial analyst for Frito-Lay.
He "retired" in 1978 in hopes of working for himself.
Afterward, he was a professional gambler, playing poker and blackjack.
In 1980 Ergen, his future wife Candy, and Jim DeFranco started a new business called EchoSphere Corporation, investing $60,000 to purchase two C-Band antennas, targeting rural Colorado.
They drove around the Denver metro area on a small budget, selling satellite dishes from the back of their truck.
In 1990 Ergen elevated EchoStar's profile by raising $335 million in junk bonds and purchasing orbital slots for satellites.
Two years later, EchoStar got a DBS license from the Federal Communications Commission, giving the company its own geostationary orbital slot.
In 1993, EchoStar Communications was incorporated.
Under Ergen, EchoStar's net income doubled to $20.4 million, in 1993.
Under Ergen, Dish was the first satellite television provider to offer two-way high-speed internet access as an investor in and dealer for StarBand Communications' geostationary Ku-band satellite internet access service in the United States and the first to introduce a Digital video recorder in a set-top box.
He was also instrumental in making satellite receivers available for under $200.
Ergen first appeared in the Forbes 400 list in 1999 at the age of 46, with a net worth of US$4.8 billion and was ranked 36th in the list, as Dish share price rose more than 702.1% from 1 January 1999 to 31 December 1999.
He stepped down as CEO of Dish in May 2011 in favor of Joseph Clayton.
In 2012, the Big Four Broadcasters, NBC, CBS, ABC and Fox filed a suit against Dish after it launched AutoHop, a technology that records broadcasting programming and plays it back without commercials.
Dish filed a suit seeking a declaratory judgment asserting the legality of the judgment.
Preliminary injunction by Fox to block the service was denied.
Ergen has stated that Dish's present focus is on acquiring a significant share of the spectrum for cellular wireless services.
Dish is also looking for a partner to build a wireless network, with Google and AT&T speculated to be potential partners.
Under Ergen, EchoStar and Dish Network acquired multiple companies, after an $8 million deal for 22 channel assignments of DBSC.
Various lawsuits in which Ergen has been involved include:
Ergen resumed as CEO upon Clayton's March 2015 retirement and was CEO until December 2017, when he promoted president and COO Erik Carlson to CEO, but remains as chairman.
Reuters reported that the move was effected to remove the day-to-day responsibilities of running DISH and provide more time for Ergen to build out the company's emerging wireless business.
Ergen owns 48 percent of Dish and 46 percent of Echostar shares.
He holds 78 percent of Dish's and 72 percent of EchoStar's total voting power.