Thursday, December 23, 2010

Ted Turner Going Broke


Ted Turner fears his children may have to pay for his funeral.
Media mogul and onetime JANE FONDA hubby TED TURNER who put the "24" in cable news says he's running out of cash and may be so broke he couldn't even pay for his own funeral.

The Hollywood Reporter says the once mighty Turner admits he's on the cusp of poverty.

"I'm one of the few examples of a very wealthy person that's given himself to the edge of poverty," he said on MSNBC.

Turner, who once pledged $1 billion to the United Nations, claims he's "happy" to give money away to most anyone who visits his office.

Turner did note that he has "a few million left."

But now he fears he may have left his family with some unfinished funeral expenses.

"I don't want to leave my family with an unpaid funeral bill. I'm trying to save a little bit of money to at least cover my expenses."

Maybe if Ted needs to he can borrow some bread from ex- Jane who's rekindled her DVD fitness empire.
Jacked from The National Enquirer

27 comments:

Anonymous said...

He better tell the United Nations to run him his money back

Anonymous said...

I love how he says "I only have a few millions left" - WTF that's way more than most people have so I really don't feel bad for him at all. Maybe if he would have managed his money better he would still have most of it. Oprah gives away millions in charity each year but she still has stacks upon stacks of millions in the bank so...

Anonymous said...

How is having "a couple million left" on the edge of poverty? Wtf

GailS said...

He never should have "sold out" to Time Warner. Ted was greedy -- he wanted more money when he was already sitting on a pot of gold (CNN, TNT, TCM, The Atlanta Braves, and so much more), but it wasn't enough. Pity.

Anonymous said...

PAY ATTENTION PEOPLE!!!
If Ted Turner is broke, do you really think these rappers have money?

Anonymous said...

"a couple million left" based on his lifestyle, yeah he's reaching poverty. I'm really getting sick hearing about people who have ALOT money not managing it WISELY. Yes, you should give what you can but know that you can top that and more within the fiscal year. That's how the rich stay rich and still able to give.

But if ol' Ted's giving away stacks I need to plan a day trip to his damn office.

Anonymous said...

he must be broke - nicca culdn't afford some colgate white strips for those canary yellow teeth

Anonymous said...

Is a few mil not enough to put him away?

Anonymous said...

his kids can bury him by cremating him, one less mofo stinking up the graveyard.

Anonymous said...

I'll be right there to light his ass up with my lighter fluid and matches, set that ass on fire, cookout over here al bundy style, one less ignorant ugly ass white motherfucker in the world.

Anonymous said...

TO THE KIDS, SET HIS ASS ON FIRE, USE THAT MONEY YOU WAS GONNA SPEND ON A FUNERAL, FOR HIS EVIL ASS AND GIVE IT TO SOME POOR PEOPLE, AND TITLE IT GIVING FROM ONE LESS UGLY BIGOTED FOOL, WHO HAD ONE TOO MANY KIDS, WHEN HE SHOULD OF PRACTICED THE ONE CHILD RULE HIS DAMN SELF.

Anonymous said...

He's probably cash poor I doubt he lacks the assests. He'll just end up like MJ having to sell down stuff to make up the debt.

Anonymous said...

And why is this news worthy? It's not like we have to take up a collection of money to help Mrs. Jenkins bury her son Poochie.

Anonymous said...

@ 4:11, if he took your advice he'd still have canary yellow tooth cause CREST white strips is where it's at, not colgate!...and Coke is better than Pepsi!..yeah i said it.

Anonymous said...

GTHFOH...There is no way dude can be broke, unless he sold CNN and did not invest for the long haul? Doesn't he still own TBS and other networks? This is some straight up bullish. Unless I hear it in the NY Times or a reputable source other than the National Inquirer, I doubt this s*it is real. Happy Holidays People--ThatBKChick

Pepsi STAN said...

Coke is better than Pepsi?!??!??!!!?

GTFOOHWTBS!

GailS said...

@ ThatBKChick

It's real, but it's exaggerated. Ted isn't broke compared to anyone making less than 500K a year, but he's broke compared to what he once had. And that's a damn shame.

Ted sold "Turner Broadcasting Systems" to Time Warner -- and this included TBS (though he did this under the guise of a merger). Ted invested in stocks and the stock market crashed. Ted hasn't recovered from the crash, yet he still continues to give away money. This info is in the public domain--just do a search.

I can't find a reference to his current finances at the NYTimes.com, but below is a link of Ted "crying broke" with MSNBC.

http://www.msnbc.msn.com/id/3036789/vp/40568159#40568159

I like Ted because (1) he hired black people in front *and* behind the cameras, (2) he treated black employees well, and (3) what you see is what you get--there's no pretense with Ted (hence the yellow teeth) you take him as he is or you don't take him at all.

Don't get it twisted, I don't think Ted did anything special, he just did what was right. White people could learn a lot from Ted--like how to work hard and be nice to people, and how to act with dignity when you're down and out.

Happy holidays back atcha, sis.

Anonymous said...

@GailS,

Thanks for that science and good research/siting skills. I was not aware of his financial disposition over the years. I am also pleased to know that he seemed to be a fair man. All the riches you cannot take them to heaven, at best, the man is an example of what giving and living life to the fullest should be! God Bless him. Happy Holidays again to all!--ThatBKChick

cokeSTAN said...

you tripping pepsiSTAN. you must be hanging with dead brained beyonceSTANS cause COKE is better than pepsi and will continue to be so. don't get it twisted!

and thanks for sharing that tidbit Gail. Ted sounds like he's a good man.

GailS said...

The pleasure was mine, ThatBKChick and cokeSTAN, I love reading about the good guys.

On another note ...

So cokeSTAN, you think Coke is better than Pepsi, huh? I bet you like Jiffy Mix instead of homemade cornbread, too.

I'm not tryin' to start somethin' on Christmas morning/Kwanzaa eve, but I have noticed that people who like Coke tend to like Jiffy Mix. I don't get it, but to each his own (I guess).

cokeSTAN said...

lol @ Gail....and I notice that people who like pepsi eat also eat apple pie without a scoop of icecream on top. Where they do that at?!?!

a slice of apple pie should be hot with a scoop of vanilla icecream so that the hottness(pie) and coldness(vanilla iceream) melts in your mouth at the same creating a pleasurable, sensuous taste..but nah pepsi people wouldn't know nothing about that cause pepsiSTANS suck. the end.

Anonymous said...

*dead* @ us having Coca-Cola Stans and Pepsi Stans!

Anonymous said...

What are we suppose to feel sorry for this drunken fool? A fool and his money are soon parted.

Anonymous said...

i love ice-cream on my apple pie, my grandmother's cornbread from scratch, and PEPSI!!! i will drink coke if i have no other choice, but pepsi is the best, hands down.

Anonymous said...

I will pass 10 Pepsi's to get to my coke. Yes I'm a proud cokestan!!!!!!!!

Anonymous said...

@ 4:11 lfreakingol!!! I didnt read the story i got distracted by those damn rotten wood looking teeth...damn son how you have millions and your teeth look like that..get some Porcelin inserts

Ted Turner said...

Those of you who are cynical about my being rich and then broke need to learn some compassion. I've given much to so many,and I've asked for nothing in return. All I ask is that you treat my circumstance as you would any family member or friend who has made bad decisions.

As the article says, if you are in need, write to me, and I'll try to help you in any way I can.

My offices are at

Turner Enterprises, Inc.
133 Luckie Street
Atlanta, GA 30303

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