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John Stankey Net Worth: How Rich Is the AT&T CEO in 2022?

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Stankey is an American businessman who is best known for being the current CEO of AT&T Inc. as well as a member of the company’s board of directors. The John Stankey net worth is roughly $25 million as of 2022.

businessman john stankey attends the 91st annual academy awards
HOLLYWOOD, CA – FEBRUARY 24: CEO of WarnerMedia John Stankey attends the 91st Annual Academy Awards at Hollywood and Highland on February 24, 2019 in Hollywood, California. (Photo by Rodin Eckenroth/Getty Images)

Early Life

Full NameJohn T. Stankey
Birth Date / AgeDecember 19, 1962 / 60 Years Old
Birth PlaceLos Angeles, California, USA
Source of WealthBusiness CEO
Relationship StatusShari Stankey
Height6 ft. 2 in. / 188.7 cm.
Net Worth$25 Million

John T. Stankey was born in December of 1962 in Los Angeles, California. Unfortunately, his parent’s identities have not been revealed, however, we are aware that his father worked as an insurance underwriter and his mother was a housewife.

Meanwhile, Stankey has two siblings of whom he is the youngest. Again, the public does not know the names or genders of his older siblings.

We do know that he was raised in a Jewish household on the Palos Verdes Peninsula, south of LA. It’s not detailed what high school Stankey graduated from, but he did hold a job at an Oshman’s sporting goods while completing his studies.

An eagle scout, Stankey graduated with a B.B.A. in Finance from Loyola Marymount University in the 1980s. Then, he earned an M.B.A. from UCLA in 1991.

businessman john stankey speaks at the medialink presents mass-terclass in 2016
NEW YORK, NY – SEPTEMBER 28: CEO, AT&T Entertainment Group AT&T John Stankey speaks at the MediaLink Presents: MASS-terclass: The New Age of Mass Personalization panel on the Times Center Stage during 2016 Advertising Week New York on September 28, 2016 in New York City.

John Stankey Net Worth and Career

Stankey originally entered the telephone business in 1985 after taking an entry-level position at the Pacific Bell Telephone Company. 13 years later, the company was acquired by Ed Whitacre’s SBC Communications.

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The businessman consistently moved up the ranks, eventually serving as the Executive Vice President of Industry Markets in 1998, before becoming the Executive President of Industry Markets three years later.

In 2001, Stankey was named the President and CEO of SBC Southwest. Shortly after, he served as the CIO of the “new AT&T” after the merger of SBC with the AT&T Corporation was completed in 2005.

After holding several senior executive positions within the company, Stankey was named the CSO and group president of AT&T in January 2012.

The New York Times reported that Stankey raked in $22.5 million from AT&T in 2019 and $21 million the following year.

Business Dealings

In February of 2021, under Stankey’s supervision, AT&T sold a third of its stake in DirecTV to TPG Capital for $16.25 billion. The company paid a total of $67 billion to purchase DirectTV in 2015.

Also around this time, Stankey oversaw WarnerMedia’s sale to Discovery Inc. for roughly $102 billion including stocks. AT&T purchase WarnerMedia for $85 billion in 2018.

That same year, WarnerMedia named Stankey the CEO of its company. Less than a year later, he became the COO of AT&T while still working with Warner.

Notably, Stankey and other execs received some negative attention in 2021 after it was confirmed they gained significant stock awards in 2020 despite the COVID-19 pandemic, massive layoffs, poor service, continued subscriber losses, and middling stock returns.

Personal Life

First, Stankey does not have any social media accounts as of this point in time. Second, he is happily married to Shari Stankey, but we do not know the date of their wedding.

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Yet, it is confirmed that they are the proud parents of three children. Unfortunately, we have no details on their names and/or genders at this time.

We are led to believe that Stankey and his wife own beautiful homes in Dallas, Texas as well as Palm Desert, California.

John Stankey Net Worth

The John Stankey net worth figure of $25 million has been accumulated through decades of work as a CEO for prominent businesses, most notably AT&T. Pulling in roughly $20 million per year in the late 2010s, Stankey has done quite well for himself, despite his company’s so-so performance under his supervision.

As reported in The Wall Street Journal, Stankey earned between $16.5 and $22.5 million between 2018 and 2019.

John Stankey

BURBANK, CALIFORNIA – OCTOBER 29: John Stankey, President & Chief Operating Officer of AT&T and Chief Executive Officer of WarnerMedia, speaks onstage at HBO Max WarnerMedia Investor Day Presentation at Warner Bros. Studios on October 29, 2019 in Burbank, California.
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