Bob Iger is a prominent figure in the entertainment industry, having served as the CEO of The Walt Disney Company from 2005 to 2020. Under his leadership, Disney expanded its brand and acquired major media properties such as Pixar, Marvel, and Lucasfilm. In this article, we’ll take a closer look at Bob Iger’s net worth and explore how he has earned his fortune.
Early Life and Career
Bob Iger was born on February 10, 1951, in New York City. He attended Ithaca College and began his career in media as a weatherman for a local news station. He went on to work at ABC, eventually becoming the network’s president in 1993. In 2000, Iger joined The Walt Disney Company as its president and COO.
Bob Iger’s net worth is estimated to be around $690 million. His earnings come from a variety of sources, including his time at Disney, his board positions, and his stock holdings.
Disney Salary and Bonuses
During his tenure as Disney’s CEO, Bob Iger’s annual salary was around $47.5 million. He also received bonuses based on the company’s performance, which totaled $149.6 million over the course of his time as CEO. In 2018, Iger signed a new contract that guaranteed him a base salary of $3 million per year through 2021.
Bob Iger owns a significant amount of stock in The Walt Disney Company, which has contributed greatly to his net worth. As of 2021, his stock holdings are worth approximately $140 million.
In addition to his work at Disney, Bob Iger has served on the board of directors for several other companies, including Apple and the National Football League. He has earned significant income from these positions, with his annual compensation from Apple alone reaching $357,000 in 2020.
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Bob Iger has also invested in and served as an advisor for several startups and media companies. In 2017, he launched a venture capital firm called the The Rye Company, which focuses on investing in tech and media startups.
Bob Iger has also donated a significant amount of money to charitable causes over the years. In 2019, he announced that he would donate the majority of his Disney salary to a new philanthropic initiative focused on education.
Bob Iger’s net worth is a reflection of his successful career in the entertainment industry, particularly his time as CEO of The Walt Disney Company. With a net worth of around $690 million, he is one of the wealthiest executives in the media world.
Through his leadership, Disney underwent significant expansion and growth, acquiring major media properties and establishing itself as a dominant force in the industry. Iger’s stock holdings, board positions, and other business ventures have also contributed significantly to his overall net worth.
If you’re interested in learning more about Bob Iger’s career and business ventures, be sure to check out his memoir, “The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company.”