Theodore Anthony Sarandos Jr. is well-known in the American business world for his position at Netflix, the world’s largest streaming platform. He is currently the entertainment platform’s co-chief executive officer and chief content officer.
Not only that, but Theodore is a member of the board committee for the Peabody Awards, which are presented by the University of Georgia’s Henry W. Grady College of Journalism and Mass Communication.
Quick Facts
Celebrated Name: | Ted Sarandos |
Real Name/Full Name: | Theodore Anthony Sarandos Jr. |
Gender: | Male |
Age: | 59 years old |
Birth Date: | 30 July 1964 |
Birth Place: | Phoenix, Arizona, United States of America |
Nationality: | American |
Height: | 1.75 m |
Weight: | 70 kg |
Sexual Orientation: | Straight |
Marital Status: | Married |
Wife/Spouse (Name): | Nicole Avant |
Children/Kids (Son and Daughter): | Yes (Sarah Sarandos and Tony Sarandos) |
Dating/Girlfriend (Name): | N/A |
Is Ted Sarandos Gay?: | No |
Profession: | Businessman |
Salary: | $20 million |
Net Worth in 2024: | $280 million |
Ted Sarandos Biography
Ted Sarandos Jr., the fourth of five children, was born on July 30, 1964, in Phoenix, Arizona, to his father Ted Sarandos, a by profession, and his mother, a stay-at-home mom.
As previously stated, he has four siblings, three older sisters and one younger brother. Ted’s grandfather was from Greece, referring to his Greek ancestors. Sarandos earned his bachelor’s degree from Glendale Community College, which is located in Glendale, Arizona.
He then attended Arizona State University, where he pursued his passion as a journalism major until he graduated to manage the video store he had worked at since high school, Arizona Video Cassettes West.
Ted Sarandos Age, Height, Weight
Ted Sarandos was born on July 30, 1964, and is 59 years old as of 2024. His height is 1.75 m, and he weighs 70 kg.
Career
Ted became interested in journalism and entertainment while in high school by writing for the school newspaper. Sarandos spoke with actor Ed Asner, who happened to be in Phoenix for a Screen Actors Guild meeting.
Asner was in his Lou Grant phase at the time and took advantage of the opportunity to introduce Sarandos to those present and active in the entertainment industry for additional interviews, ingraining his interests in entertainment, politics, and journalism.
Sarandos joined Netflix as Chief Content Officer in 2000 after meeting Netflix CEO Reed Hastings in 1999 while working as the Western Regional Director of Sales and Operations for East Texas Distributors (ETD) and managing eight retail video stores for Arizona Video Cassettes.
Netflix currently has a global viewership of over 620 million people, accounting for approximately 8% of the global population. This demonstrates how successful Netflix is in 2022, and it is also projected that by the end of 2024, the entertainment platform’s percentage viewership will increase to around 8.4 percent.
Achievements and Awards
Netflix has received 54 Primetime Emmy nominations under Sarandos’ leadership. Aside from Netflix, he serves on the boards of several film organizations, including the LA Film Festival Advisory Board, Harvard Lampoon, and Tribeca Film Festival. These are just a few of the people on his board of directors.
Ted Sarandos’s Net Worth in 2024
Ted Sarandos makes $20 million per month and has a net worth of $280 million as of March 2024, which is $20 million higher than his net worth in 2021 and $30 million higher than his net worth in 2020.
Aside from these, Ted is estimated to own real estate worth $60-70 million, and he owns a mansion previously owned and sold to him by Ellen DeGeneres for $35 million. He was also in charge of Netflix’s very first produced series, which earned it fame, and it was purchased for $100 million under his supervision.
Theodore Anthony Sarandos Jr., better known as Ted Sarandos, has made remarkable achievements in the entertainment industry and has crossed many milestones right from the start of his career, demonstrating his capability.
He currently serves as Ted Sarandos’ CEO. Under his watchful eye and leadership, Netflix has grown to become one of the best streaming platforms in the world, producing several critically acclaimed films.
Ted Sarandos Wife, Marriage
Ted Sarandos was married twice, the first time to Michelle Sarandos, with whom he has two children, Sarah and Tony. However, the couple did not last, and Sarandos later married his second wife, Nicole Avant.
In 2009, the daughter of former Motown Chairman Clarence Avant was appointed as the United States Ambassador to the Bahamas. They currently reside in the Los Angeles neighborhood of Hancock Park.