Charlie Ergen

AAA

DEFINITION of 'Charlie Ergen'

The founder, chairman and CEO of DISH Network, a spinoff of former parent EchoStar Communications, which he cofounded in 1980 with his wife, Cantey Ergen, and James DeFranco. He is a billionaire and one of the wealthiest Americans, according to Forbes.

INVESTOPEDIA EXPLAINS'Charlie Ergen'

Publicly-traded DISH Network, which has more than 14 million customers, is DirecTV's major competitor (a merger between the two companies failed in 2002). Ergen, born in 1953 in Tennessee, began his career as a financial analyst for Frito Lay, then briefly became a professional gambler before founding EchoStar. EchoStar started off selling satellite dishes to homes in rural Colorado and went public in 1995. DISH Network was formed and began broadcasting in 1996.

RELATED TERMS
  1. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
  2. Chairman

    An executive elected by a company's board of directors that is ...
  3. C-Suite

    A widely-used slang term used to collectively refer to a corporation's ...
  4. Chief Executive Officer - CEO

    The highest ranking executive in a company whose main responsibilities ...
  5. Chair Of The Board - COB

    The most powerful member on the board of directors who provides ...
  6. Telecommunications Consumer Protection ...

    A U.S. federal law created in response to increased consumer ...
Related Articles
  1. Insurance

    Evaluating The Board Of Directors

    Corporate structure can tell you a lot about a company's potential. Learn more here.
  2. Markets

    What Investors Can Learn From Insider Trading

    Some insider trading is actually legal - and can be extremely telling for investors.
  3. Investing Basics

    The Basics Of Corporate Structure

    CEOs, CFOs, presidents and vice presidents: learn how to tell the difference.
  4. Investing Basics

    Why Do Companies Care About Their Stock Prices?

    Read on to learn more about the nature of stocks and the true meaning of ownership.
  5. Active Trading Fundamentals

    Evaluating A Company's Management

    Financial statements don't tell you everything about a company's health. Investigate the management behind the numbers!
  6. Markets

    Get Tough On Management Puff

    Company managers are often skilled at fooling investors. Be critical and don't believe the hype.
  7. Options & Futures

    Governance Pays

    Learn about how the way a company keeps its management in check can affect the bottom line.
  8. Investing News

    7 "Apprentice" Hosts From Around the World

    There are as many as 26 countries with their own local version of "The Apprentice," and each version is hosted by a native, incredibly rich entrepreneur.
  9. Entrepreneurship

    8 Fascinating Traits Billionaires Have In Common

    A top-notch education isn't enough to strike it rich. Nothing compares to learning the habits of the world's famous entrepreneurs and industry leaders.
  10. Professionals

    A Look at How the Ultra-Wealthy Invest

    Ultra-wealthy investors are cautious this year as they approach the markets. Many target mutual funds and stocks, but most also diversify their portfolios.
RELATED FAQS
  1. Why does Richard Branson keep opening up new Virgin products instead of focusing ...

    Entrepreneur and billionaire Richard Branson keeps introducing new Virgin products because he’s an opportunist at heart. ... Read Full Answer >>
  2. How did Richard Branson make his fortune?

    Richard Branson made his fortune by using the profits from his record store chain to found Virgin Records in 1972. He earned ... Read Full Answer >>
  3. How did Nathan Rothschild attain his wealth?

    Nathan Rothschild's father, Mayer Rothschild, was a prominent Jewish banker in Germany during the 1700s. The elder Rothschild ... Read Full Answer >>
  4. What advice has Jeff Weiner given to would-be entrepreneurs?

    Jeff Weiner, the billionaire CEO of LinkedIn, is known worldwide as a phenomenally successful entrepreneur and a major influencer ... Read Full Answer >>
  5. What is Tim Cook's managerial style?

    Tim Cook's managerial style could be broadly defined as democratic. Rather than standing in complete contrast to former Apple ... Read Full Answer >>
  6. Who were Richard Branson's major influencers?

    Richard Branson, the billionaire tycoon responsible for the Virgin Group, credits his mother with being the most profound ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Dog And Pony Show

    A colloquial term that generally refers to a presentation or seminar to market new products or services to potential buyers.
  2. Topless Meeting

    A meeting in which participants are not allowed to use laptops. A topless meeting organizer can also ban the use of smartphones, ...
  3. Hedging Transaction

    A type of transaction that limits investment risk with the use of derivatives, such as options and futures contracts. Hedging ...
  4. Bogey

    A buzzword that refers to a benchmark used to evaluate a fund's performance. The benchmark is an index that reflects the ...
  5. Xetra

    An all-electronic trading system based in Frankfurt, Germany. Launched in 1997 and operated by the Deutsche Börse, the Xetra ...
  6. Nuncupative Will

    A verbal will that must have two witnesses and can only deal with the distribution of personal property. A nuncupative will ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!