Introduction:
John Skipper is a well-known media executive and former president of ESPN. He has worked with various media outlets throughout his career and made a significant impact in the sports broadcasting industry. However, what is his net worth? In this blog post, we will dive deep into John Skipper’s wealth and explore various aspects of his financial standing.
Background:
John Skipper graduated from the University of North Carolina with a degree in English. He started his career as a journalist and worked with Rolling Stone and Spin magazines. Later, he joined ESPN as the Senior VP and General Manager of ESPN The Magazine.
ESPN Presidency:
John Skipper became the president of ESPN in 2012. During his tenure, he oversaw the launch of the SEC Network and the development of the network’s digital presence. Skipper also played an important role in securing broadcasting rights for various sports events, including the NBA, college football, and the Olympics.
Resignation:
In 2017, John Skipper resigned from his position as the president of ESPN due to substance abuse issues. However, he continued to work with the network as an advisor until 2018.
Net Worth:
As of 2021, John Skipper’s net worth is estimated to be around $25 million. The majority of his wealth comes from his career in media and broadcasting.
Salary:
During his tenure as the president of ESPN, John Skipper’s annual salary was $9.6 million. However, after his resignation, his salary as an advisor decreased significantly.
Real Estate:
John Skipper owns a luxurious apartment in New York City worth around $8.5 million. He also has a house in Connecticut worth $1.5 million.
Investments:
John Skipper invested in various start-ups, including The Athletic, which is known for its sports journalism. He also invested in streaming platform DAZN, which broadcasts boxing matches and other sports events.
Philanthropy:
John Skipper is an active philanthropist and has donated to various causes such as disaster relief and education.
Conclusion:
John Skipper has had a successful career in the media industry and has made a significant impact in the sports broadcasting world. His net worth of $25 million is a testament to his accomplishments. Although he faced personal struggles that led to his resignation from ESPN, he has bounced back by investing in start-ups and giving back to the community through philanthropy.
FAQs:
Q: How old is John Skipper?
A: John Skipper was born on December 19, 1955, which makes him 65 years old.
Q: Where did John Skipper work before joining ESPN?
A: John Skipper worked with Rolling Stone and Spin magazines before joining ESPN.
Q: What was John Skipper’s salary as the president of ESPN?
A: John Skipper’s annual salary as the president of ESPN was $9.6 million.
Q: What caused John Skipper’s resignation from ESPN?
A: John Skipper resigned from ESPN due to substance abuse issues.
Q: What philanthropic causes does John Skipper support?
A: John Skipper has donated to various causes such as disaster relief and education.