Media mogul Sumner Redstone dies at 97

Published August 12, 2020 1:50pm ET



Media mogul Sumner Redstone, the billionaire whose television empire included CBS and Viacom, died at 97.

Redstone, who died on Tuesday, controlled more than 75% of the voting stock of the two media companies through his own private holding group, National Amusements, and he left a staggering fortune of about $3 billion, according to CNBC.

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