Merv Adelson Net Worth

Merv once sued Penthouse magazine for libel. He has received many awards for his charitable and humanitarian efforts. Adelson was responsible for many popular television shows including Dallas, Knots Landing, and The Waltons. He was said to have made $300 million in the TV industry and had a private jet and Malibu beach house. Unfortunately Merv lost 99% of his fortune when the AOL Time Warner mega-merger collapsed. Marv’s third wife also took him to court for unpaid child support after he went bankrupt in 2013. He also was a founding partner and Chairman of EastWest VentureGroup. Merv Adelson died on September 8, 2015 at the age of 85 from cancer.