Robert A. Iger Net Worth

Robert A. Iger was born on February 10, 1951 in Oceanside, Long Island, New York, USA. He is married to Willow Bay, with whom he has two children, and was previously married to Susan Iger. He has been married to Willow Bay since October 7, 1995.

Age, Biography and Wiki

Birth Day February 10, 1951
Birth Place  Oceanside, Long Island, New York, United States
Age 73 YEARS OLD
Birth Sign Pisces
Alma mater Ithaca College (B.S.)
Occupation Entertainment Executive
Years active 1974–present
Employer The Walt Disney Company
Salary US$44.9 million (2015)
Title Chairman & CEO
Predecessor Michael Eisner
Successor Incumbent
Political party Independent (since 2016) Democratic (until 2016)
Board member of The Walt Disney Company Apple Inc.
Spouse(s) Kathleen Susan (divorced) Willow Bay (m. 1995)
Children 2 with Susan; 2 Bay

💰 Net worth

Iger's net worth is estimated to be between $100,000 and $1 million in 2024. Robert A. Iger is a highly successful and influential American businessman, best known for his tenure as the CEO of The Walt Disney Company from 2005 to 2020. During his leadership, Iger successfully expanded Disney's global footprint by acquiring major entertainment franchises like Pixar, Marvel, and Lucasfilm. Additionally, he played a crucial role in launching the successful Disney+ streaming service. With his remarkable career and numerous accomplishments, it is no surprise that Iger has amassed a substantial net worth.

Some Robert A. Iger images

Famous Quotes:

Animation has always been the heart and soul of The Walt Disney Company, and it is wonderful to see Bob Iger and the company embraces that heritage by bringing the outstanding animation talent of the Pixar team back into the fold. This clearly solidifies The Walt Disney Company's position as the dominant leader in motion picture animation and we applaud and support Bob Iger's vision.

Biography/Timeline

1926

Iger is the son of Mimi (née Tunick) and Arthur L. Iger (b. 1926). His father was a World War II veteran who served as the Executive Vice President and General Manager of the Greenvale Marketing Corporation, and was also a Professor of Advertising and Public Relations. His mother worked at Boardman Junior High School in Oceanside. Arthur's father Joe (i.e. Robert's paternal grandfather) was Cartoonist Jerry Iger's brother.

1969

Iger was born to a Jewish family in New York City. Iger was raised in the Long Island town of Oceanside, New York, where he attended the Fulton Avenue School and graduated from Oceanside High School in 1969. In 1973, he graduated magna cum laude from the Roy H. Park School of Communications at Ithaca College with a Bachelor of Science degree in Television and Radio.

1972

Iger began his media career in 1972 as the host of “Campus Probe,” an Ithaca College television show. He dreamed of becoming a news anchor while he worked as a weatherman in Ithaca for five months, before shifting his career goals.

1974

In 1974, Iger joined the American Broadcasting Company (ABC).

1989

In 1989, Iger was named head of ABC Entertainment. He served as President of the ABC Network Television Group from January 1993 to 1994, while being appointed as Capital Cities/ABC Senior Vice President in March 1993 and Executive Vice President in July 1993.

1994

In 1994, Iger was named President and Chief Operating Officer of ABC's corporate parent, Capital Cities/ABC.

1995

In 1995, Iger married Willow Bay in an interfaith Jewish and Roman Catholic Service in Bridgehampton, New York. They have two children: Robert Maxwell "Max" Iger and william Iger.

1996

In 1996, The Walt Disney Company purchased Capital Cities/ABC and renamed it ABC, Inc., where Iger remained President until 1999.

1999

On February 25, 1999, Disney named Iger the President of Walt Disney International, the Business unit that oversees Disney's international operations, as well as Chairman of the ABC Group. Disney called the change a promotion for Iger. Some viewed this claim skeptically since Iger was being removed from day-to-day authority at the struggling ABC.

2000

Disney named Iger the President and Chief Operating Officer (COO) on January 24, 2000, making him Disney's No. 2 executive under Chairman and CEO, Michael Eisner. Disney had been without a separate President since Eisner assumed the role following the departure of Michael Ovitz in 1997, after sixteen months at Disney.

2005

Iger has been married twice. His first marriage to Kathleen Susan Iger ended in divorce. They had two children: Kathleen Pamela Iger and Amanda Iger. In 2005, Kathleen Pamela married Jarrod Alan Cushing in a civil ceremony at the Blithewold Mansion, Gardens and Arboretum in Rhode Island.

2006

On January 24, 2006, under Iger’s leadership, Disney announced it would acquire Pixar for $7.4 billion in an all-stock transaction. In the same year, Iger also re-acquired the rights to Walt Disney's first star, Oswald the Lucky Rabbit, from NBCUniversal by releasing Sportscaster Al Michaels from ABC Sports to NBC Sports.

2009

In August 2009, Iger spearheaded negotiations that led Disney to acquire Marvel Entertainment and its associated assets for $4 billion. As of August 2014, Disney has recouped over $4 billion at the box office through the Marvel movies.

2011

On Tuesday November 15, 2011, Apple, Inc., now led by CEO Tim Cook after Steve Jobs's death, named Iger as a Director, and named Genentech Chairman Arthur Levinson, an Apple board member with a past membership on rival Google's board, as Jobs's replacement in the role of non-executive Chairman; both will serve on Apple's Audit Committee. Jobs had worked with Iger in the Pixar acquisition which had made Jobs the largest shareholder of Disney, and Iger licensed ABC shows to Apple for purchase through iTunes.

2012

In June 2012, Steven Spielberg, founder of the USC Shoah Foundation Institute for Visual History and Education, presented Iger with the Ambassador for Humanity Award, the Institute's highest honor. Iger was recognized for his support of the Institute’s work, his longtime philanthropy, and his leadership role in corporate citizenship.

2014

Iger was presented with The Milestone Award from the Producers Guild of America (PGA) in 2014. The award is the PGA’s highest recognition for an individual or team who has made historic contributions to entertainment.

2015

In October 2015, the Toy Industry Association (TIA) inducted Iger into the Toy Industry Hall of Fame. He was selected by members of TIA in recognition of his significant contributions to the industry, and the impact his work has had on the lives of children worldwide.

2016

In 2016, Iger switched his party registration from Democratic to independent (no party affiliation).

2017

In December 2017, Disney was rumored to be negotiating with 21st Century Fox about acquiring many of their largest entertainment assets, including the 20th Century Fox film and TV studio, likely leaving Iger as CEO until the transition was made. On December 14, 2017, The Walt Disney Company agreed to acquire 21st Century Fox for $52.4 billion, requiring that Iger remain as CEO and chairman until 2021.

2019

During Iger’s tenure, Disney broadened the company's roster of intellectual properties and its presence in international markets; Iger oversaw the acquisitions of Pixar in 2006 for $7.4 billion, Marvel Entertainment in 2009 for $4 billion, Lucasfilm in 2012 for $4.06 billion, and 21st Century Fox in 2017 for $52.4 billion, as well as the expansion of the company's theme park resorts in East Asia, with the introduction of Hong Kong Disneyland Resort and Shanghai Disney Resort in 2005 and 2016, respectively. Iger was also a driving force behind the reinvigoration of Walt Disney Animation Studios and the branded-release strategy of its film studio's output. Under Iger's control, Disney has experienced increases in revenue across its various divisions, with the company's market capitalization value increasing from $48.4 billion to $163 billion over a period of eleven years. As a result, Disney has been recognized as one of the "World's Most Reputable Companies" by Forbes (2006–2015), one of "America's Most Admired Companies" by Fortune Magazine (2009–2015), one of the “World's Most Respected Companies" by Barron’s (2009–2014), a “Best Place to Launch a Career” by BusinessWeek Magazine (2006–2010), and a "Company of the Year" by Yahoo Finance (2013).