Overview

Edward W. Harbert III, most famously known as Ted Harbert, is a distinguished American broadcasting and television executive, born on June 15, 1955, in New York. He is the son of Marna and Edward W. Harbert II, who was a pioneering figure in television, advertising, and publishing. Ted’s career began at Boston University’s college radio station, WTBU, where he worked alongside Howard Stern. After graduating with a degree in Broadcasting and Film, he joined ABC, eventually becoming the president of ABC Entertainment. During his tenure at ABC, he oversaw shows like ‘The Wonder Years,’ ‘The Practice,’ ‘NYPD Blue,’ and ‘My So-Called Life’. He later served as president of NBC Studios and then president and CEO of Comcast Entertainment Group, overseeing networks such as E! and Style Network. Harbert was also Chairman of NBC Broadcasting. Throughout his career, Ted has held various high-profile positions, contributing significantly to the television industry. He has been married to Lisa Medrano since 2011 and has two children from a previous marriage.

NBC Broadcasting

Chairman

What Is Ted Harbert Net Worth?

Ted Harbert, a prominent figure in the American broadcasting and television industry, has accumulated a considerable net worth. As of 2025, his net worth is estimated to be $50 million. This substantial wealth is the result of his long and successful career as a television executive, holding key positions at major networks like ABC, NBC, and Comcast.

Ted Harbert’s Career and Earnings

Edward W. “Ted” Harbert III, born in June 1955 in New York, embarked on his career with early experiences at Boston University’s college radio station, where he collaborated with Howard Stern. After returning to New York, he began his professional journey at ABC, laying the groundwork for his future success. Harbert’s trajectory took him to Los Angeles, where he ascended to the presidency of ABC Entertainment. During his tenure, he played a pivotal role in the development and success of iconic shows such as “The Wonder Years,” “The Practice,” “NYPD Blue,” and “My So-Called Life.” His leadership contributed significantly to ABC’s rise to the #1 position in primetime programming in 1995, transforming it into the most profitable network for several years.

Following his impactful stint at ABC, Harbert transitioned to Dreamworks TV as a producer for two years. In 1999, he assumed the presidency of NBC Studios, further solidifying his reputation as a leading figure in the television industry. In 2004, he was named president of E! Networks, adding another prominent role to his resume. In 2006, Harbert became the president and CEO of Comcast Entertainment Group, overseeing E! and Style Network. Following Comcast’s acquisition of NBC Universal, Harbert took on a broader range of responsibilities, including Advertising Sales, NBC Owned Television Stations, Network Research, Domestic Television Distribution, and NBC Late Night.

While precise details of his annual salary throughout his career aren’t publicly available, it is safe to assume that his compensation packages in these high-profile roles were significant, contributing considerably to his overall net worth. His role as President and CEO of Comcast Entertainment Group, in particular, would have commanded a substantial salary and likely included performance-based bonuses and stock options. Given the scale and scope of his responsibilities at Comcast, it is plausible to estimate that his annual compensation could have been in the multi-million dollar range.

Real Estate Holdings and Investments

Ted Harbert’s real estate portfolio provides further insight into his financial standing and contributes to his net worth. In 2013, Harbert invested $7.3 million in a New York City apartment. This property was later listed for sale in August 2020 with an asking price of $10 million, indicating a potential appreciation in value. In addition to his New York City property, Harbert and his wife also own a golf estate in Amenia, New York, acquired for $1.75 million. This property likely serves as a recreational retreat and a long-term investment. During his relationship with comedian Chelsea Handler, the couple jointly purchased a home in Marina Del Rey, California. After their separation, Handler sold her share to Harbert, who subsequently sold the property a year later for $3.4 million.

The exact location and size of the New York City apartment are not explicitly stated, but luxury apartments in desirable Manhattan neighborhoods can easily command prices in the millions, depending on factors such as square footage, views, amenities, and location. Similarly, the golf estate in Amenia likely includes a substantial property with a well-appointed residence, potentially with features such as a swimming pool, tennis courts, or other recreational facilities, commensurate with its $1.75 million purchase price.

Although detailed information about Harbert’s other investments is not publicly accessible, it is reasonable to assume that a financial portfolio of this size would be diversified across various asset classes, including stocks, bonds, mutual funds, and potentially private equity or venture capital investments. A diversified portfolio helps to mitigate risk and provides opportunities for long-term growth, further contributing to his overall net worth.

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