Age, Biography and Wiki
Michael Burns is an American businessman and the current Vice Chairman of Lionsgate Entertainment. He was born on August 21, 1958 in Long Branch, New Jersey. He graduated from the University of Pennsylvania in 1980 with a degree in economics.
Burns began his career in the entertainment industry in 1982, when he joined the investment banking firm of Drexel Burnham Lambert. He then moved to the entertainment division of Merrill Lynch in 1985, where he worked until 1989. In 1989, he joined the newly formed company, Lionsgate Entertainment, as its Chief Financial Officer.
In 2000, Burns was promoted to the position of Vice Chairman of Lionsgate Entertainment. In this role, he is responsible for overseeing the company's strategic planning, financial operations, and business development. He has also served as a director of the company since 2000.
Burns has been a member of the Board of Directors of the Motion Picture Association of America since 2009. He is also a member of the Board of Directors of the Academy of Motion Picture Arts and Sciences.
As of 2021, Michael Burns has an estimated net worth of $100 million.
| Popular As |
Michael Raymond Burns |
| Occupation |
Vice Chairman |
| Age |
66 years old |
| Zodiac Sign |
Leo |
| Born |
21 August 1958 |
| Birthday |
21 August |
| Birthplace |
Long Branch, New Jersey, U.S. |
| Nationality |
United States |
We recommend you to check the complete list of Famous People born on 21 August.
He is a member of famous with the age 66 years old group.
Michael Burns Height, Weight & Measurements
At 66 years old, Michael Burns height not available right now. We will update Michael Burns's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Michael Burns's Wife?
His wife is Lori Loughlin (m. 1989-1996)Pell James (m. 2006)
| Family |
| Parents |
Not Available |
| Wife |
Lori Loughlin (m. 1989-1996)Pell James (m. 2006) |
| Sibling |
Not Available |
| Children |
Not Available |
Michael Burns Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Michael Burns worth at the age of 66 years old? Michael Burns’s income source is mostly from being a successful . He is from United States. We have estimated
Michael Burns's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
|
Michael Burns Social Network
Timeline
He also serves on the Leadership Council of global first responder International Medical Corps. In March 2017 he was named Alumni of the Year by Arizona State University.
In a January 2014 story, "A Star is Born", chronicling Lionsgate's rise, The Economist proclaimed that "Hollywood has a new star studio with a different approach to the film business", reporting "Lionsgate has achieved a level of success no one predicted."
He is a member of the Academy of Motion Picture Arts & Sciences. On December 11, 2014, he was elected as an independent director to the Board of Directors of Hasbro, Inc.
As Lionsgate continued to grow, it listed on the New York Stock Exchange in August 2004 and diversified into television production and distribution as well as investments in branded channels. The company grew and diversified, acquiring Trimark Holdings (2000), Artisan Entertainment (2003), Redbus Film Distributors, subsequently renamed Lionsgate UK (2005), the Debmar-Mercury television syndication company (2006), TV Guide Network (2009) and Summit Entertainment (2012). In December 2016, Lionsgate acquired the premium pay television platform Starz for $4.4 billion, the largest acquisition in the Company's history.
Lionsgate soon generated a string of fiercely independent hits such as Monster's Ball, which earned a Best Actress Academy Award for Halle Berry in 2002, Fahrenheit 9/11, the highest-grossing documentary film of all time, Crash, which surprised the Hollywood community by winning three Oscars, including Best Picture, in 2006, and Saw, acquired for $1 million from 90 seconds of video and a script, which went on to become the highest-grossing horror franchise of all time, generating $860 million at the worldwide box office.
Burns was recruited to join the Board of Directors of Lionsgate, an independent studio known for art house successes such as Gods and Monsters, Affliction and The Red Violin, in 1999. He and Feltheimer, a former Sony Pictures and New World Entertainment executive, orchestrated a $33 million preferred equity financing in December 1999.
Burns began his career as a sales representative for IBM, where he won recognition as a performance leader. Mr. Burns served as Managing Director and Head of the Office at Prudential Securities Inc.'s Los Angeles Investment Banking Office from 1991 to March 2000. He subsequently served for 18 years as a Wall Street executive, joining Shearson/American Express in 1985, where he first became acquainted with Jamie Dimon (the firm became Shearson Lehman Bros. in 1990).
Michael Raymond Burns (born August 21, 1958) is an American entertainment executive and Vice Chairman of Lionsgate, a film studio and global content platform. He joined Lionsgate's Board of Directors in 1999 and became Vice Chairman of the studio in March 2000. During his 17-year tenure, Lionsgate has grown from a fledgling independent studio into a diversified global entertainment company.
Burns was born into an Irish-American Roman Catholic family in Long Branch, New Jersey, on August 21, 1958. His father was an advertising executive and World War II combat veteran who landed on Iwo Jima. His family moved to New Canaan, Connecticut, where he was raised. He later attended Arizona State University, graduating with a B.S. degree in 1980. He earned his M.B.A. from UCLA.
