Charlie Ergen

American businessman (born 1953)

Charles William Ergen (born March 1, 1953) is an American billionaire businessman, and the co-founder and chairman of Dish Network and EchoStar. He was CEO of Dish Network until May 2011, when he was succeeded by Joseph Clayton.2

From Wikipedia’s article on Charlie Ergen (this version), CC BY-SA 4.0.

Born Mar 1, 1953.1

Net worth $9.6B (as of 2019, per The World's Billionaires).12 Richest people

About

Ergen resumed the role in March 2015 after Clayton's retirement, until December 2017, when Erik Carlson, then president and COO, was promoted to CEO. Ergen remains chairman of the company. Ergen owns 48 percent of Dish and 46 percent of EchoStar shares, which gives him 78 percentage of Dish's and 72 percent of EchoStar's total voting power.

From Wikipedia’s article on Charlie Ergen, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedOak Ridge High School3
  • Date not recordedUniversity of Tennessee3
  • Date not recordedWake Forest University School of Business3
  • Date not recordedWake Forest University3

Career

Occupation: merchant, businessperson, entrepreneur.6

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.

From Wikipedia’s article on Charlie Ergen (this version), CC BY-SA 4.0.

Personal life

  • BornMar 1, 1953, Oak Ridge7
  • CitizenshipUnited States8
  • SpouseCantey Ergen9

Ergen was born into an Episcopalian family in Oak Ridge, Tennessee, on March 1, 1953, the fourth of five children born to Viola (née Siebenthal) and William Krasny Ergen. His mother was one of the first female accountants in the state of Minnesota. His father was an Austrian immigrant who was working in Sweden as a nuclear physicist, and left Europe prior to World War II. His father coined the phrase "China syndrome". 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. Ergen graduated from Oak Ridge High School. He then received a Bachelor of Arts from the University of Tennessee at Knoxville, where he was a member of Phi Gamma Delta fraternity, 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. Ergen's supporters call his negotiating style "patient and prudent."

He is married to Cantey ("Candy") McAdam. They have five children, including entrepreneur Chase Ergen. They live in The Village at Castle Pines, Colorado.

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Wealth

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.

Ergen appeared on the Forbes 400 list every year from 1999 until 2022, but he was dropped in 2023. On November 6, 2023, Dish Network's and EchoStar share price plunged 37.43% and 31.28% respectively after both companies reported earnings below analysts' expectations and a decline in subscriber numbers. As a result, Ergen lost $786 million in a day, causing his net worth to drop from $1.6 billion to $857.6 million, marking the first time in nearly 25 years that he lost his billionaire status. However, with series of corporate restructure of EchoStar in 2024, Ergen regained his billionaire status. As of September 2025, Forbes estimates his net worth at $11 billion.

From Wikipedia’s article on Charlie Ergen (this version), CC BY-SA 4.0.

In the news

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