US Late Ailes Amassed Fortune Before Death

17:31  18 may  2017
17:31  18 may  2017 Source:   Newsweek

Hannity mourns Ailes: ‘America lost one of its great patriotic warriors’

  Hannity mourns Ailes: ‘America lost one of its great patriotic warriors’ Fox News host Sean Hannity took to Twitter on Thursday to mourn the death of former Fox News CEO Roger Ailes. Load Error

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Former Fox News CEO and chairman Roger Ailes died Thursday morning just months after leaving the top position at the wildly successful cable news network and ratings titan. He was 77.

Ailes wife, Elizabeth, made the announcement in a statement first released to The Drudge report. Ailes is also survived his son, Zachary.

Roger Ailes' poisonous legacy

  Roger Ailes' poisonous legacy Want to understand how the United States ended up with a clueless reality TV star and emotional invalid in the White House? You could do worse than studying the life and works of Roger Ailes, who died Thursday at age 77. In founding Fox News in 1996 and leading it until he resigned last July in the midst of a sexual harassment scandal that continues to roil the cable news network, Ailes did more to poison American political culture than any other single individual.

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Before he co-founded PayPal and Tesla Motors, and before he helmed SpaceX, the eccentric engineer had already struck it rich. It highlights eight CEOs who amassed their fortunes before the age of 30. Latest .


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His film and television career spanned decades and culminated in his appointment to start and run Fox News Channel in 1996. Over the next 20 years Ailes would create a massive ratings juggernaut that continues to dominate the airwaves. He was also paid a fortune for his work.

Roger Ailes, former chairman and CEO of Fox News and Fox Television Stations, attends a panel discussion at the Television Critics Association summer press tour in Pasadena, California, U.S. on July 24, 2006.: RTX36E9Y© REUTERS/Fred Prouse RTX36E9Y Ailes reportedly amassed a net worth of $100 million, according to Celebrity Net Worth, and he was making roughly $20 million per year in salary before he was abruptly fired by Fox last year amid sexual harassment allegations. Fox paid Ailes $40 million to step down in July, according to reports

In the months since his departure, Fox News’ parent company, Twenty-First Century Fox, reportedly paid out $45 million to settle allegations of sexual harassment as of the end of the first quarter this year. That total included a $20 million settlement in September to former Fox and Friends co-host Gretchen Carlson, who filed suit against Ailes.

Many publicly mourned Roger Ailes, but the silence was deafening, too

  Many publicly mourned Roger Ailes, but the silence was deafening, too Amid the shock over his death, the Fox News’ chief’s complicated legacy emerged.Load Error

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While he left the network in disgrace, and many accused him of fostering a sexist work culture, Ailes was responsible for creating and catapulting such stars as Bill O’Reilly. It was Ailes work and leadership that helped Fox News account for $1 billion in annual profit for 21st Century Fox, a key component of media mogul Rupert Murdoch’s vast empire News Corp.

Lately though, following O’Reilly’s dismissal for similar harassment allegations and combined payments of $13 million in settlements, Fox has been slipping in the ratings to rival MSNBC. Much of that slip has been attributed to Fox’s perceived positive coverage of President Donald Trump, even though scandal and after scandal has plagued the administration for much of its first four months in office.

Monica Lewinsky: Roger Ailes’s Dream Was My Nightmare .
The late Fox chief built a ratings-juggernaut by exploiting me and many others.Load Error

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