Billionaire Profile
Tom Werner
Global Rank
#1910

Image: Public domain | via Wikimedia Commons

Tom Werner

CEO, Fenway Sports Group
US
Real-Time Net Worth
$2B
As of December 2025
Age
75
Source
Sports teams
Industry
sports
Citizenship
US

Biography

Tom Werner, born April 12, 1950, is a prominent figure in both the television and sports industries, currently holding the position of chairman of Fenway Sports Group (FSG). Werner's net worth is estimated at $2.0 billion. His wealth primarily stems from his ownership and leadership roles within various sports teams. Werner's career began in television, where he co-founded The Carsey-Werner Company, producing iconic shows like 'The Cosby Show' and 'Roseanne'. He transitioned into sports, becoming the chairman of the Boston Red Sox in 2002 and Liverpool F.C. in 2010. Under his leadership, both teams have achieved significant success, winning multiple championships. Werner is also a committed philanthropist, heading the Red Sox Foundation and supporting veteran initiatives.

Wealth Over Time

In-Depth Profile

Early Life and Education

Thomas Charles Werner was born in New York City on April 12, 1950, to a Jewish family of German origin. He received his education at St. Bernard's School, The Hotchkiss School, and Harvard University, where he graduated in 1971.

Rise to Success

Werner's career began in television in 1973 when he started working for ABC-TV. He quickly ascended the ranks, becoming the Director of East Coast Prime Time Development in 1975 and Senior Vice President of the prime-time development department in 1979. During his time at ABC, Werner was involved in the development of successful shows such as 'Mork & Mindy,' 'Bosom Buddies,' 'Soap,' and 'Taxi'. In 1980, Werner co-founded The Carsey-Werner Company with Marcy Carsey. The company produced a string of successful television series, including 'The Cosby Show,' 'Roseanne,' '3rd Rock from the Sun,' and 'That '70s Show'. In 1996, he was inducted into the Television Hall of Fame. Werner transitioned into sports in 1990 when he became part owner of the San Diego Padres. In 2001, Werner joined a group to purchase the Boston Red Sox, and he has served as chairman of the team since February 27, 2002. He became chairman of Liverpool F.C. in 2010.

Key Business Strategies

Werner's business acumen is evident in his successful ventures in both television and sports. In television, his strategy involved identifying and developing shows that resonated with a broad audience, leading to long-running hits. In sports, his approach has focused on building strong teams, fostering community engagement, and making strategic investments. Under his leadership, the Red Sox have won four World Series titles and Liverpool has won nine trophies.

Philanthropy

Tom Werner is actively involved in philanthropy. He is the founding Chairman of the Red Sox Foundation, the charitable arm of the Boston Red Sox. The Red Sox Foundation has supported numerous organizations and initiatives. Werner was also involved in the creation of the Home Base Program, a partnership between the Red Sox Foundation and Massachusetts General Hospital to assist veterans and their families.

Career Milestones

1973

Began Television Career

Joined ABC-TV as a production assistant, starting his career in television.

1980

Co-founded The Carsey-Werner Company

Formed the production company with Marcy Carsey, which produced several hit shows.

1990

Part-Owner of San Diego Padres

Became part owner of the San Diego Padres.

2002

Chairman of the Boston Red Sox

Became chairman of the Boston Red Sox after the team was acquired by Fenway Sports Group.

2010

Chairman of Liverpool F.C.

Became chairman of Liverpool F.C. after the team was acquired by Fenway Sports Group.

Philanthropy & Social Impact

Community

Red Sox Foundation

$XB

The charitable arm of the Boston Red Sox, donating to numerous organizations and supporting various programs.

Veterans Support

Home Base Program

$XB

A partnership with Massachusetts General Hospital to help veterans and their families with PTSD and traumatic brain injuries.

Business Philosophy & Leadership

Notable Quotes

"At one point I had the top three shows on television, and millions of people were watching my shows every week. But there was nothing in my life that is comparable to the experience of when the Red Sox won the World Series in 2004."

Leadership Principles

Respect for Audience

Believes success is due to a profound respect for the audience, aiming to reflect the human condition and enlighten as well as entertain.