Bob Iger Net Worth, Biography, News, FAQ
Popular Name: | Bob Iger |
Real Name: | Robert A. Iger |
Birth Date: | February 10, 1951 |
Birth Place: | New York City, New York, United States |
Age: | 71 |
Gender: | Male |
Nationality/Citizenship: | American |
Height: | 185 cm |
Weight: | 72 kg |
Sexuality: | Straight |
Marital Status: | Married |
Spouse(s): | Kathleen Susan (divorced) Willow Bay (m. 1995) |
Children: | 4 |
Profession: | Businessman, Investor |
Years active: | 1996–present |
Net Worth: | $800 Million |
Last Updated: | 2022 |
Bob Iger is a successful American businessman and entrepreneur who happens to be best known as the former Chief Executive Officer and Chairman of The Walt Disney Company, where he became the president in 2000 and also played the role of Chief Operations Officer. Before that, however, Mr. Bob Iger’s net worth was on its way up as he was the Chairman of the American Broadcasting Company (ABC). This brief article all the information you need regarding the biography, career highlights, personal life, and financial status of this respected personality who happens to be one of the wealthiest business persons in America.
Early Life: Childhood, Education
Born on the 10th of February 1951 in New York City, New York, the United States, Robert Allen Iger is the eldest son of American citizens Arthur and Mimi Iger. His father, who had a manic-depressive disorder, was a Second World War Navy veteran who became the general manager and executive vice president of the Greenvale Marketing Corporation, while his mother was a teacher at Boardman Junior High School in Oceanside, New York.
Raised in Oceanside, Robert attended the Fulton Avenue School before joining Oceanside High School from which he graduated in 1969. From there, he enrolled at Ithaca College’s Roy H. Park School of Communications from which he graduated magna cum laude with a Bachelor’s degree in Television and Radio.
Professional Life: Business Career
In 1974, Bob Iger joined the American Broadcasting Company (ABC) doing odd jobs on television sets for around $150 a week. His breakthrough came fourteen years later at the 1988 Calgary Winter Olympics when he worked as the senior program executive.
His performance in the given role caught the attention of company executives Tom Murphy and Daniel Burke, leading to him being appointed the head of ABC Entertainment. He was responsible for green-lighting shows such as “Cop Rock”, “Twin Peaks”, and “America’s Funniest Home Videos”.
Six years after the Walt Disney Company acquired Capital Cities/ABC, they appointed Bob Iger the chief operating officer and president, a position that made him Disney’s second-ranked executive.
Throughout his time as the company’s chief executive officer, Bob oversaw the company’s market capitalization grow rapidly, increasing from $48 billion all the way up to $257 billion.
Achievements: Awards & Honors
Mr. Iger is known as one of the most influential business leaders in the world. He has surely achieved what he planned to achieve. He made one of his greatest accomplishments as the chief executive officer of the Walt Disney Company and led the company to make various investments and acquisition of a list of top media companies in the world. Not only that, but he also contributed to the establishment of the world-renowned media company as one of the biggest film and television producers on the globe.
Furthermore, Bob Iger has received a Milestone Award from the Producers Guild of America. He also holds an Ambassador for Humanity Award. To include, as well, he has been included in the Toy Industry Hall of Fame, the Broadcasting and Cable Hall of Fame, and was Time magazine’s Businessperson of the Year in 2019.
He was also given the chance to join former US President Donald Trump’s Strategy and policy formation.
Personal Life: Wife, Children, Height, Weight
One of Bob’s most impressive physical features is his body which he still maintains a perfect fit. Standing at 185 centimeters tall, this dedicated businessman and father figure weighs 72 kilograms and takes his body’s health seriously.
He was initially married to a woman by the name of Kathleen Susan, but they divorced. They had two daughters together named Kate and Amanda.
In 1995, Iger married journalist Willow Bay. They are the parents of two children named Robert and William.
The former executive chairman and CEO of Disney, refrained from accepting any part of his entire salary in the year 2020 as the company prepared for massive revenue losses amid the COVID-19 pandemic.
Bob Iger Net Worth: Salary, Income Sources, Assets
In a career that started as a menial worker with a weekly salary of $150, the zealous New York native quickly moved up the pyramid of success and achieved more than he ever imagined. His current contract with Disney makes him entitled to an annual $50 million salary. In his tenure as the company’s chief executive officer, he shaped the company into a much more successful entertainment group by overseeing the purchase of rival companies such as Marvel, LucasFilm, and Pixar. This decision and many others led the company to financial success, as Disney’s market capitalization value multiplied from $48.5 billion to a staggering $257 billion within a 13-year space while Iger was in top strategic positions.
As of the time of this publication, Bob Iger’s net worth amounts to $800 million. His works not only increased the company’s net profit but also led the company to claim many awards and accolades.
The former Disney Chief Executive Officer currently lives in Los Angeles, California, with his family. A few years ago, he sold his 11-room luxurious Manhattan apartment for $18.8 million, which he put on the market in July 2017. His current residence is a $12.5 million dollar mansion which he purchased in 2021.