Bob Iger is one of the most influential CEOs in history. He became famous for being involved with the world’s top companies. Today, we will discover the facts behind Bob Iger net worth, early life, and career.
Who is Bob Iger?
Bob Iger is an American media business executive. He serves as the chief executive officer (CEO) of The Walt Disney Company. He also served as the President of the American Broadcasting Company (ABC) from 1994 to 1995 and chief operating officer (COO) of Capital Cities/ABC from 1995 until Disney acquiesced it in 1996.
After Disney’s acquisition of Capital Cities/ABC, Bob was named president of Disney. Later, he became CEO of Disney, succeeded by Michael Eisner. Bob also served in various positions at Disney company.
Short Bio of Bob Iger
|Robert Allen Iger
|February 10, 1951 (age 72)
|New York City, U.S.
|6′ 1” (1.85 m)
|Media business executive
Bob Iger Net Worth
Bob Iger’s net worth in 2024 is estimated to be 700 million U.S. dollars. Being a successful media business executive is the main reason behind this massive net worth. He served in several giant companies in various influential positions.
Bob completed more than 20 years of service to the Disney company. Bob’s various career activities significantly impacted his financial status.
Bob Iger was born in New York City to a Jewish family. He is the oldest of his siblings. His father, Arthur L. Iger (1926–2010), was a World War II Navy veteran. He was also an executive vice president and general manager of the Greenvale Marketing Corporation and was also a professor of advertising and public relations.
Bob’s mother, Miriam “Mimi” (1927–2013), worked at Boardman Junior High School in Oceanside, New York. Bob and his family moved to Oceanside in his early childhood.
There, he started high school at Fulton Avenue School and then transferred to Oceanside High School, where he graduated in 1969. After high school, Bob enrolled at Ithaca College’s Roy H. Park School of Communications.
Bob studied science and graduated magna cum laude with a Bachelor of Science degree in Television and Radio in 1973. During college, Bob was involved in media, and after graduation, he pursued a professional media career.
Sources Behind Bob Iger Net Worth
Early Career (1970 to 1980)
Bob Iger started his media career while studying at Ithaca College. In 1972, he became the host of the Ithaca College television show Campus Probe. He continued this show for a single year, then became a weatherman in Ithaca and continued this post for five months. After this, he shifted his career goals and dreamed of becoming a news anchor.
Following this dream, Bob got a chance to join the American Broadcasting Company (ABC) in 1974. At first, he joined as the menial labor on television sets for $150 a week (over $700, adjusted for inflation).
Early Career (1980 to 1990)
In 1988, Bob became the senior program executive for the Calgary Winter Olympics. Because of this incredible work, Bob was named head of ABC Entertainment in 1989.
As the head of the entertainment department, Bob developed several popular television shows, such as Twin Peaks, America’s Funniest Home Videos, Cop Rock, and others. He continued this post for four years, and then he got a proportion and became the president of the ABC Network Television Group in January 1993.
As a president, Bob became the top decision-maker for the ABC Network. He manages every show’s time and running schedule. Two months later, Bob was appointed as Capital Cities/ABC senior vice president and then executive vice president in July.
In the following year, Bob got an enormous promotion and became the president and chief operating officer of ABC‘s corporate parent, Capital Cities/ABC.
The Walt Disney Company
Capital Cities/ABC was acquired by the Walt Disney Company in 1995, and it was rebranded as ABC, Inc. Disney company appointed Bob as the chairman of ABC, and he continued this post until 1999.
Later, Bob got a promotion and joined ABC’s mother company, Walt Disney, as their president of the international department. In this position, Bob’s main responsibility is to oversee Disney’s international operations.
On January 24, 2000, Bob became the president and chief operating officer (COO) under Charman and CEO Michael Eisner. Later, Michael resigned from his CEO post on September 30, 2005. Disney announced that Bob would succeed Michael’s post. As a result, Bob became became the CEO of the Walt Disney.
As CEO, Bob made several major decisions for Disney. In 2006, he acquired Pixar for $7.4 billion in an all-stock transaction. Later, in 2009, Bob made a deal for Disney to acquire Marvel Entertainment for $4 billion.
Bob also negotiated for Disney to acquire several other media giants, such as NBC Sports, 21st Century Fox, Indiana Jones, and others. Bob is still continuing his post as CEO of the company, and he currently receives a salary of $31.6 million per year.
Awards and Honors
Bob was named Time’s Businessperson of the Year in 2019. In the following year, he was entered into the Television Hall of Fame.
Later, in September 2022, Bob received an appointment of Honorary Knight Commander of the Order of the British Empire (KBE) from Queen Elizabeth II.
Bob married Kathleen Susan and had two daughters, but they ended in divorce. Later, Bob married the American television journalist Willow Bay in 1995 in Bridgehampton, New York.
What’s the net worth of Bob Iger?
Bob Iger’s net worth in 2024 is estimated to be 700 million U.S. dollars.
What is the salary of the CEO of Disney?
Currently, Disney company’s CEO, Bob Iger, receives a salary of $31.6 million per year.
Who is the highest paid Disney CEO?
Bob Iger is the highest paid CEO of Disney.
Bob Iger net worth is a result of his early successes. From the beginning, Bob applies his top skills to become an influential business executive and achieve a lavish financial status.