INDUSTRY: Television/ Communications
COMPANY: Univisión Communications
WHAT MAKES HIM HAUTE: This talent-agent-turned-network-mogul is a self-made billionaire. The UCLA grad’s first big break was when he sold the TV and film company he founded with Norman Lear, Embassy Communications, to Coca-Cola for $485 million in 1985. He then made a quick turnaround profit of $140 million from buying and selling Lowes movie theaters. Currently, he is best known for his reign over the Hispanic broadcasting market, thanks to his purchase of Univision Communications Inc., the nation’s largest Spanish-language TV network. In the first week of September, Univisión beat ABC, CBS, NBC, and Fox as the No. 1 network for the first time ever. Perenchio lives a private life in Malibu (where he is one of the city’s largest private land owners), and is known for his generous donations to charity and politicians.