Billionaires

Warner CEO Would Be Near-Billionaire on Netflix Deal

David ZaslavPhotographer: David Paul Morris/Bloomberg

Netflix Inc.’s $72 billion acquisition of Warner Bros. Discovery Inc. is a coup for stockholders, whose shares are being bought for more than triple what they were worth as recently as April.

Another big winner: Chief Executive Officer David Zaslav, who is poised to approach billionaire status if the deal closes.