Чарльз Эрген: Американдық кәсіпкердің өмірбаяны мен жетістіктері

American businessman

Charles William Ergen (born March 1, 1953) is an American businessman. He is co founder and chairman of Dish Network and EchoStar. He stepped down as CEO of Dish in May 2011 in favor of Joseph Clayton. Ergen resumed as CEO upon Clayton's March 2015 retirement and was CEO until December 2017, when he promoted president and COO Erik Carlson to CEO, Reuters reported that the move was effected to remove the day to day responsibilities of running DISH and provide more time for Ergen to build out the company's emerging wireless business. total voting power.

After graduating with an M. B. A. from Wake Forest in 1976, Ergen worked as a financial analyst for Frito Lay. He "retired" in 1978 in hopes of working for himself. Afterward, he was a professional gambler, playing poker and blackjack.

In 1980 Ergen, his future wife Candy, and Jim DeFranco started a new business called EchoSphere Corporation, investing $60,000 to purchase two C Band antennas, targeting rural Colorado. They drove around the Denver metro area on a small budget, selling satellite dishes from the back of their truck. In 1990 Ergen elevated EchoStar's profile by raising $335 million in junk bonds and purchasing orbital slots for satellites. Two years later, EchoStar got a DBS license from the Federal Communications Commission, giving the company its own geostationary orbital slot. In 1993, EchoStar Communications was incorporated. Under Ergen, EchoStar's net income doubled to $20.4 million, in 1993. Under Ergen, EchoStar and Dish Network acquired multiple companies, after an $8 million deal for 22 channel assignments of DBSC.

Ergen was born into an Episcopalian family in Oak Ridge, Tennessee, on March 1, 1953, His mother was one of the first female accountants in the state of Minnesota. His parents married in Minnesota in 1944 and then moved to Camden, New Jersey, before settling in Oak Ridge where his father accepted a position at the Oak Ridge National Laboratory. and an M. B. A. from Wake Forest University. He was a professional blackjack and poker player. Ergen is well known for his frugality. His office is furnished with second hand couches and he does not fly first class. Ergen used to sign all the checks his company issued but currently signs only checks for $100,000 or more. He is married to Cantey ("Candy") McAdam. They have five children. They live in The Village at Castle Pines, Colorado.

Ergen first appeared in the Forbes 400 list in 1999 at the age of 46, with a net worth of US$4.8 billion and was ranked 36th in the list, as Dish share price rose more than 702.1% from 1 January 1999 to 31 December 1999. He was also the third richest person in Colorado at that time. In 2000, Ergen first appeared in The World's Billionaires by Forbes and having a net worth of $11.2 billion, making him the 21st richest person in the world. + Net worth and ranking of Charles Ergen from 2000 to 2023 according to The World's Billionaires. YearNet WorthRank 2000 $11.2 billion #21 2001 $8.8 billion #35 2002 $6.2 billion #42 2003 $5.9 billion #45 2004 $9.1 billion #34 2005 $7.2 billion #55 2006 $6.7 billion #80 2007 $10 billion #62 2008 $9.5 billion #87 2009 $3.9 billion #146 2010 $5.2 billion #148 2011 $7 billion #136 2012 $8.3 billion #106 2013 $10.6 billion #100 2014 $15 billion #65 2015 $20.1 billion #43 2016 $12.2 billion #77 2017 $18.3 billion #47 2018 $13.4 billion #106 2019 $9.6 billion #143 2020 $5.4 billion #304 2021 $9.6 billion #241 2022 $8.7 billion #241 2023 $3.2 billion #905

Ergen also appeared ever year in the Forbes 400 List from 1999 until 2022, where he was dropped off in the 2023 list. On November 6, 2023, Dish Network's and EchoStar share price plunged 37.43% and 31.28% respectively after both companies' earnings does not meet the expectation of analyst and also decreasing in number of subscribers. In results, Ergen lost $786 million in a day, and his net worth decreased from $1.6 billion to $857.6 million on the same day, losing his billionaire status for the first time in nearly 25 years.

Ergen was recognized with a Rocky Mountain News' Business Person of the Year Award in 1996, and honoured a second time in 2001. Ergen co founded the Satellite Broadcasting and Communications Association.