Jerry Weintraub Net Worth - Pulptastic

What was Jerry Weintraub’s Net Worth?

Jerry Weintraub, an American film producer and former music executive, had a net worth of $325 million at the time of his death in 2015 at the age of 77.

During his career, Weintraub served as the CEO of United Artists and produced major films, including “Nashville,” “Diner,” and the remake of “Ocean’s Eleven.” He also produced acclaimed television films, specials, and series, winning Emmy Awards for “Behind the Candelabra” and “Years of Living Dangerously.” Additionally, he produced Broadway productions and concerts for musical stars such as Elvis Presley, Led Zeppelin, and Frank Sinatra.

Despite not having a college degree, Weintraub achieved great success and based his approach on the belief that “If it hasn’t been done, that probably just means it hasn’t been tried.”

Jerry Weintraub’s Background

Jerry Weintraub was born in Brooklyn in 1937 to Jewish parents and raised in the Bronx. As a teen, he worked as a waiter and theater usher in the Catskills before landing a job in the mailroom at MCA Records. He eventually left to form his own management company and co-founded the music group the Doodletown Pipers. Weintraub went on to manage major acts such as Paul Anka, Pat Boone, Joey Bishop, Jimmy Buffett, Jackson Browne, and John Denver.

Jerry Weintraub’s Contributions to the Concert Promotion Industry

Jerry Weintraub made a name for himself in the concert promotion industry in the 1970s by convincing Elvis Presley and his manager Colonel Tom Parker to embark on a national tour. He then promoted a tour for Frank Sinatra in 1974, which brought the crooner out of retirement. Over the rest of the decade, Weintraub managed or promoted concerts for several big names including Neil Diamond, Bob Dylan, the Carpenters, the Beach Boys, and the Moody Blues. He was known for organizing huge shows and is often credited with being the first person to put on large arena concert tours.

Jerry Weintraub’s Film Producing Career

In 1975, Weintraub produced his first film, Robert Altman’s “Nashville,” which was a huge success and earned four Academy Award nominations. He went on to produce “September 30, 1955,” “Oh, God!,” “Cruising,” “All Night Long,” “Diner,” and “The Karate Kid” and its three sequels.

In 1987, Weintraub formed his own production company, Weintraub Entertainment Group, and produced “Happy New Year.” In the 90s, he produced “Pure Country,” “The Specialist,” “Vegas Vacation,” “The Avengers,” and “Soldier.”

Weintraub’s next major success came in 2001 with Steven Soderbergh’s “Ocean’s Eleven,” which he produced through his new company JW Productions. He went on to produce the sequels “Ocean’s Twelve” and “Ocean’s Thirteen,” and appeared in all the films. His last producing credits were “Nancy Drew,” the 2010 remake of “The Karate Kid,” and “The Legend of Tarzan.”

Jerry Weintraub’s Television Career

Jerry Weintraub produced numerous television specials, series, and made-for-TV movies throughout his career. In the 70s, his credits included such musical specials as “Sinatra – The Main Event”; “An Evening with John Denver”; “Rocky Mountain Christmas”; “The Carpenters’ Very First TV Special”; “Neil Diamond: Love at the Greek”; and “John Denver and the Muppets: A Christmas Together.”

The next decade, Weintraub produced the specials “The Carpenters: Music, Music, Music” and “John Denver: Music and the Mountains,” as well as the television films “Blue Jeans,” “John Denver: The Higher We Fly,” and “The Cowboy and the Ballerina.”

After a long hiatus from television, Weintraub returned in 2005 to produce the television special “L’Chaim: To Life Telethon.” Eight years later, he had one of his most major accomplishments as a producer of the HBO biographical drama film “Behind the Candelabra,” about the late years of the famous pianist Liberace. For the production, Weintraub won an Emmy Award for Outstanding Limited or Anthology Series or Movie.

The very next year, in 2014, he won another Emmy for producing the global warming documentary series “Years of Living Dangerously.” Weintraub followed this with producing credits on two HBO series: the short-lived political satire “The Brink” and the dystopian science-fiction drama “Westworld.”

Jerry Weintraub’s Film Appearances

Jerry Weintraub appeared in several films throughout his career, including playing the part of Sonny Capps in the 1993 legal thriller “The Firm.”

In addition to producing and making appearances in the three “Ocean’s” films, he also appeared in “Vegas Vacation,” “Full Frontal,” and “Confessions of a Dangerous Mind.”

Philanthropy and Charitable Contributions

Jerry Weintraub was known for his involvement in philanthropy throughout his life. He generously contributed to various organizations such as the Los Angeles County Museum of Art, the UCLA School of Dentistry, and the Children’s Museum of Los Angeles.

In 2007, Weintraub became actively involved in charitable work to help end the genocide in Darfur. He collaborated with “Ocean’s Eleven” stars George Clooney, Matt Damon, Don Cheadle, and Brad Pitt to establish the non-profit organization Not On Our Watch, which aimed to provide humanitarian aid to the people affected by the conflict in Sudan.

Jerry Weintraub’s Personal Life and Legacy

Jerry Weintraub was married twice, first to Janice Greenberg with whom he had a son named Michael. He then married singer Jane Morgan in 1965 and they adopted three daughters. In the 80s, they separated without getting a divorce. Weintraub later lived with his girlfriend Susan Ekins until he passed away.

Weintraub died from cardiac arrest in July 2015 at the age of 77. He was buried at Hillside Memorial Park Cemetery in Culver City, California. His life was commemorated in the 2011 television documentary film “His Way,” directed by Douglas McGrath for HBO.

Jerry Weintraub’s Real Estate Sales

In February 2016, two of Jerry Weintraub’s homes were listed for a combined $41 million. The Beverly Hills mansion was listed for $25 million and the Palm Desert mansion was listed for $16 million. The estate custom-built the Palm Desert mansion in 2004. The Beverly Hills home was sold in April 2018 for $17.8 million, while the Palm Desert mansion was sold for $6.8 million in April 2019.

Here’s a video tour of the Palm Desert mansion:

And here’s a video tour of the Beverly Hills mansion: