Edmund Ansin Net Worth

Edmund Ansin was born on March 09, 1936 in Miami Beach, Florida, United States, is President, Sunbeam Television, Corp.. Edmund Ansin inherited a real estate fortune and has added television stations to his portfolio. More than half a century ago he paid $3.4 million for Miami's WSVN, which pioneered the "if it bleeds, it leads" style of TV journalism. He took that approach to his native Boston market, where operated NBC and CW affiliate stations. In 2016 NBC announced it would ditch Ansin in favor of its own channel starting in 2017. Ansin sued NBC parent Comcast, alleging a violation of contract and anti-trust laws, but the case was dismissed. Back in the '50s, he and his father Sidney used proceeds from the family's Boston shoemaking business to buy Florida real estate. Ansin owns commercial real estate in Florida and Indianapolis. His son Andrew has been working with Edmund since 1985 and oversees construction projects like the Miramar Park of Commerce, a 5 million sq. foot development in south Florida.
Edmund Ansin is a member of Media

Age, Biography and Wiki

Who is it? President, Sunbeam Television, Corp.
Birth Day March 09, 1936
Birth Place Miami Beach, Florida, United States
Birth Sign Aries
Residence Miami Beach
Education BA University of Pennsylvania, BS Wharton School
Occupation businessman
Known for co-founder of Sunbeam Television
Spouse(s) Toby Lerner (divorced)
Children Andrew Ansin James Ansin Stephanie Ansin
Parent(s) Sidney D. Ansin

💰 Net worth: $1 Billion (2023)

2009 $1.3 Billion
2010 $1.1 Billion
2011 $1.25 Billion
2012 $1.2 Billion
2013 $1.35 Billion
2014 $1.4 Billion
2015 $1.4 Billion
2016 $1.3 Billion
2017 $1.2 Billion
2018 $1.35 Billion

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Ansin was born to a Jewish family, in Worcester, Massachusetts and raised in nearby Athol, Massachusetts. In 1936, his Father, Sidney D. Ansin, the son of a Ukrainian immigrant, founded Anwelt Shoe, a shoe Manufacturing Business in Fitchburg, Massachusetts and in 1941, he moved the family to Florida. Utilizing the steady cash flows from his Manufacturing operations in Massachusetts, he soon made a small fortune in real estate. His parents were the founding members of Temple Beth Sholom in Miami Beach. Ansin was sent back to Massachusetts for preparatory school at Andover Academy and, after two years at Harvard University, he graduated in 1957 from the University of Pennsylvania with a BS in Economics. His brother is former Massachusetts commerce commissioner, Ronald Ansin. Ronald bought Anwelt Shoe from his Father in 1966.


In 1962, after his Father purchased the license for Miami's WSVN Channel 7 for $3.4 million, then an NBC affiliate, Ansin became an executive vice President at Sunbeam Television Corp, the holding company for the television station. After his father's death in 1971, he became Sunbeam's President. In 1988, WSVN lost its affiliation with NBC and Ansin, after rebuking then CBS chairman Laurence Tisch's offer to purchase the station, found himself without network sponsorship. The station affiliated with the up-start Fox Network and pulled down supplemental news broadcasts from the newly launched CNN satellite network. Rather than follow the conventional approach used by successful independent stations (morning kids' shows, afternoon game shows, evening movies, and syndicated sitcoms), Ansin instead decided to focus on news. Instead of dry and stoic presentation, he and his news Director, Joel Cheatwood, created the now ubiquitous Miami News Style with fast-paced reporting, crime-lead stories, live breaking coverage, and pretty presenters. “If it bleeds, it leads” became an industry catch phrase. The approach was wildly successful and WSVN news soon became the market leader. WSVN reported $96 million in revenues in 2011


In 1993, returning to his childhood home, he bought Boston's WHDH Channel 7 in 1993. He implemented a less tabloid style than in Miami but still shortened the time spent on individual news stories, relied heavily on video and audio effects, and emphasized "on-the-spot" reporting. “When you finished watching a half-hour of Channel 7 news, you were excited as hell, but you couldn't remember what the news stories were.” In 2006, Sunbeam Television purchased Boston's WLVI, a CW Television Network affiliate, from Tribune Broadcasting.