Peter Guber is a prominent figure in the entertainment industry and his name is almost synonymous with success therein. His success story is not one that is limited to only a sphere but a feat he has replicated in various industries as either an executive or entrepreneur.
Peter is a man of many well-fitting hats. Apart from his executive and entrepreneurial roles, he is also an educator, author, acclaimed speaker, and successful family man. Right from his younger days, he has been singled out as different from the rest. Today, he has not only lived up to the verdict but has far exceeded whatever was predicted at that time.
Peter Guber Biography
The film producer was born in Boston, Massachusetts, the United States on March 1, 1942. He attended John Ward Elementary School and Newton North High School before moving on to Syracuse University where he enrolled in the pre-law curriculum. He would later enroll at New York University, where he earned his J.D. and LL.M. law degrees while studying for his MBA at night.
The saying that what we are in our daily life engenders tremendously the outcome of the ultimate life we envision is true for the executive extraordinaire. His childhood love of the Boston Red Sox and Fenway Park foreshadowed his later participation in the group that bought the Los Angeles Dodgers. He also worked with Colombia Pictures prior to the launch of his acquisition journey. Although he was first recruited as a management trainee, he worked his way intelligently to the position of vice-president of worldwide production.
After he left the company, he launched his own independent company which was later merged with Casablanca Records, headed by Neil Bogart, to form Casablanca Record and Filmworks, Inc in 1976. While Neil served as the president, Peter carried out his duties as the chairman.
Going forward, he formed PolyGram’s motion picture and television division and later served as the co-owner of the Guber-Peters Company (GPC) along with producer Jon Peters. A decade after, he merged GPC with game show production company Barris Industries, and the latter was renamed to Guber-Peters Entertainment Company (GPEC) the following year. Acquainted with businesses merger and acquisitions, Peter Guber’s GPEC was acquired by Sony Corporation.
Afterward, Peter Guber formed his own entertainment company, Mandalay Entertainment in 1995 where he serves as the chairman and CEO. The company which is a joint venture with Sony Corporation has its interest in motion pictures, television, sports entertainment, and digital media. In a further prudent move, he joined a partnership that purchased Dick Clark Productions from Red Zone Capital Management. His films have earned over $3 billion worldwide and 50 Academy Award nominations.
His other achievements include authoring three books: Tell To Win – Connect, Persuade, and Triumph with the Hidden Power of Story (a bestseller in The New York Times, USA Today, and The Wall Street Journal), Inside The Deep, and The Los Angeles Times best-seller Shootout: Surviving Fame and (Mis)Fortune in Hollywood. In addition, he is a professor at UCLA School of Theater, Film, Television, and Digital Media as well as teaches at UCLA’s Anderson School of Management.
Now, let’s delve into his world of sports, the Golden State Warriors.
Peter Guber And The Golden State Warriors
Peter Guber is not all about acquiring companies and merging them later on, the man who thinks that success is all about the execution became the co-owner of NBA’s team, Golden State Warriors in July 2010 with Joe Lacob through a bid of $450 million.
Known over time as a successful and accomplished executive, Peter provides executive leadership in all aspects including team and personnel, game operations, venue management, in-game operation, and entertainment value.
Along with the Warriors, he also owns three other professional sports teams: MLB’s Los Angeles Dodgers, the Major League Soccer team Los Angeles FC, and the professional Sports organization aXiomatic Gaming. Being conversant with the culture of success, he instilled in his team that risk is an inevitable aspect of success as also are uncertainty and failure and thus, should be expected. He is described by team members and co-executives as one owner who cares more than any other about the team, their image, and also takes cognizance of the fan’s thoughts.
The Warriors, driven by Peter Guber’s strategic initiatives and operational imperatives bought 12 acres of land in San Francisco’s Mission Bay neighborhood where they are building a sports and entertainment complex. The state-of-the-art building will hold an 18,000 seat arena and will host major sporting events, concerts, conventions, family shows among other things. The team will play their first home game in the complex in 2019 which will mark their return to a home arena in San Francisco (from Oakland, California) for the first time in over four decades.
Net Worth, House
Peter Guber can be called successful in all ramifications. As a producer, author, speaker, educator, and executive. He believes that the key to his success and sustaining career have been authenticity, attitude, and aptitude. Moreover, he is not a believer in NO but rather takes it to mean ON. The co-owner of the Warriors with an astounding history of successes is worth $800,000 million.
The sports mogul lives in Bel Air’s community of Los Angeles in his Mediterranean revival home with his wife. The house which is a quintessence of contemporary and modern art is a gallery-worthy edifice dotted with eye-catching arts. His wife, Tara describes the house as one where art lives in harmony with the people rather than dominate them.
The CEO of Mandalay Entertainment is not only successful in business and companies, his success also rubs off on his home front. He has been married for over five decades to one wife, his sweetheart, Tara Lynda Francine Gellis since 1964. The two met at Syracuse’s Florence, Italy campus where he spent his junior year. Their union produced four children, two daughters; Elizabeth Stephen and Jodi Brufsky, and two sons; Samuel and Jackson. One of their daughters, Elizabeth, is an actress.
Tara is into Yoga and developed a yoga practice called, contact yoga, founded Yoga Ed. and authored a book called, Contact, The Yoga of Relationships along with Anodea Judith.