Disney has given us some of the best moments and memories to remember. It’s surely not easy to forget. It’s like, Disney was not just a part of our childhood but it was our childhood. From movies to animated series and comics, we all grew up. Even sometimes, many of us still go back in time to watch everything that we grew up watching. There are sure die-hard fans of Disney who keep a regular check on what’s happening in the world of Disney. What Disney is buying, who is the new CEO, the new heir of Disney, and everything else.
Talking about the CEO of Disney, one name surely comes to our heads. The name is Bob Iger, a good businessman. Surely perfect in business and running a whole different world. Lately, Bob Iger is really making the headlines. And a lot of Disney fans and his fans who admire his business ideologies wants to know his net worth. So what is Bob Iger net worth? What are the factors contributing to Bob Iger net worth? Is there any passive income source, and if yes then is it contributing towards Bob Iger net worth? Read further to know more.
Bob Iger Net Worth & Lifestyle
It’s surely not easy to reach where Bob Iger is. Bob Iger net worth is live proof of his hard work and dedication. One can surely know how hard-working Bob Iger is. He is a man with vision, passion, and dedication toward his goal. One of the best businessmen throughout the globe has its own perks too. Currently, it is believed that Bob Iger net is $350 million! (Three hundred and fifty million dollars) Can you believe this guy? No one could earlier but it is true!
Of course, Bob Iger is a good and famous Businessman. Why do you think there won’t be any other investments? Whether it’s an investment in real estate or in someone’s else business, Bob Iger is surely perfect to do it. Although, it’s very rare that we get to know and see his business strategies, development, and investments. Bob Iger net worth includes major chunks of his career at Disney. Talking about Bob Iger’s lifestyle, a man like him can afford the world but still chooses to settle for less. Iger is a kind and humble man but abreast when it comes to working.
Also read: Top 10 Highest Grossing Disney Movies
Bob Iger and Disney
The time when Disney went through a ‘Bob Iger’ era was the time when Disney gained much more success than usual. Bob Iger surely transformed Disney into something better. Iger oversaw the acquisition of rival companies such as LucasFilm, Pixar, and Marvel.
All the decisions that Bob Iger took for the entertainment company Disney, resulted in a huge increase in market capitalization. Disney’s market capitalization increased to $257 billion (two hundred and fifty-seven billion dollars) from $48.5 billion (forty-eight and a half billion dollars). Can you believe this guy?! It’s not easy to take a company this in just a few years! But it is easy for Bob Iger! It took Bob Iger just 13 years to make this happen. The unbelievable became believable.
During the first year, when Bob Iger became the CEO of Disney, the entertainment company generated $2.5 billion as a profit (two and a half billion dollars). During his last year as a CEO of Disney, which was 2019, the entertainment company, Disney, generated $10.5 billion in revenue (ten and a half billion dollars) plus its shares rose to the sky! The shares rose to 400%!
Early life of Bob Iger
Robert Allan Iger was born on 14th February 1951. He was born and raised in New York City. Bob Iger grew up in a Jewish family and was a child of a World War II Navy Veteran. Post-high school graduation resulted in Bob Iger joining H. Park School of Communications at Ithaca College. He graduated in 1973.
Taking a degree in Bachelor of Science in Television and Radio, Bob Iger also showed a really early Interest in the broadcasting industry. Facts to be told, Bob Iger wanted to become an anchorman for some big and major firm/news channel but we all know where he ended up being.