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The 92-year-old media mogul, his two girlfriends and the US$5.5b battle for his fortune

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Sumner Redstone with his two now ex-girlfriends, Manuela Herzer (left) and Sydney Holland. Photo: AP
Associated Press

A bitter battle to control the fortune of ailing billionaire Sumner Redstone escalated when one of the media mogul’s ex-girlfriends filed a lawsuit alleging that he is mentally impaired and unable to make decisions.

The lawsuit raises important questions about whether the 92-year-old Redstone is capable of overseeing the affairs of the two media companies he controls, Viacom Inc. and CBS Corp, and whether he should be ejected from the top of his multibillion-dollar empire.

Lawsuit documents paint a stark picture of the deteriorating health of the once mighty corporate chief, describing Redstone as mentally vacant, unable to speak intelligibly or eat on his own, and prone to uncontrollable crying spells.

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“He requires around-the-clock nursing care and his home has become a de facto intensive care unit,” according to one of the legal documents.

A Viacom spokesman declined to comment on Wednesday , and an attorney for Redstone called the legal action “meritless” and an “invasion of privacy.”
Media magnate Sumner Redstone poses for a portrait on May 2, 2012 at the Milken Institute Global Conference in Beverly Hills, California. Photo: TNS
Media magnate Sumner Redstone poses for a portrait on May 2, 2012 at the Milken Institute Global Conference in Beverly Hills, California. Photo: TNS
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“This litigation is a farce,” said Redstone’s attorney, Gabrielle A. Vidal.

Redstone is worth US$5.5 billion, according to a recent estimate by Forbes. Much of his holdings are tied up in Viacom and CBS stock.

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