American media executive and businessman Bob Chapek serves as the chief executive officer (CEO) of The Walt Disney Company.
He started his 26-year tenure with the Walt Disney Company in the Home Entertainment sector and ascended to Chairman of Disney Parks, Experiences, and Products before being named CEO on February 25, 2020.
The Childhood of Bob Chapman
Hammond, Indiana, USA is where 61-year-old Robert Chapek was born on August 21, 1960. He was born to working mom Marie Lofay and architect dad Bernard W. Chapek. Bernard’s dad had served in WWII. Since both of Chapek’s parents worked, he was what was then unheard of: a “latch-key kid.”
|Net Worth||$50 million|
Chapek claims that his work ethic was shaped by seeing his parents put in long hours so that the family may enjoy life’s finer pleasures. Because of the examples they set, I am motivated and ambitious. His family made yearly trips to Disney World.
After attending George Rogers Clark Junior/Senior High School, Bob Chapek received his diploma in 1977. His academic career continued with a BS in microbiology from Indiana University Bloomington and an MBA from Michigan State University.
Career of Bob Chapek
Bob Chapek’s career began in advertising with J. Walter Thompson and the H. J. Heinz Company before he joined the Walt Disney Company in 1993 as brand manager.
It was in 1993 that Chapek first joined the Disney staff. The company’s Buena Vista Home Entertainment business was still primarily focused on VHS cassettes when he started working there, thus he was promoted to director of marketing for that branch.
- Chapek was praised by then-CEO Michael Eisner, who remarked, “He was always an executive you knew would be on the rise.” He knew how to expand the business while adjusting to shifting market conditions.
- To the credit of Chapek, it was he who led Disney’s home entertainment company into the digital age with a concentration on DVD and, eventually, Blu-ray disc releases.
- In July 2006, he was elevated to the position of president of Buena Vista Home Entertainment, which oversaw the studio’s home video, DVD, and Blu-ray releases. In 2009, Walt Disney Studios promoted him as head of their distribution division.
The Chapek Bob Family
Bob’s parents, both of whom had to work to support the family, brought him up in Hammond, Indiana. His parents, Bernard W. Chapek and Marie (Lofay), were also war veterans.
Bob said he was a “latch-key kid” since it was so rare for both of his parents to be working while he was growing up.
This, along with watching his parents put in countless hours to attain their goals, gave Bob a deep appreciation for hard work. Because of the examples they set, I am far more motivated and ambitious than I would have been otherwise.
Spouse and Kids
Since their 1980 wedding, Bob Chapek and Cynthia Ann Ford have raised three children together. They started dating their freshman year at IU and have been together ever since.
Brian Alan, Kimberly Ann, and Kelly Marie are the names he has given to his three children. They also have four grandkids who make them very happy grandparents.
The Residence of Bob Chapek
The asking price for Bob’s home in Camarillo, California is $3.49 million. A little over a year has passed since the home first went on the market.
Located in the secure and exclusive Lexington Hills Development in Ventura County, this gigantic mansion boasts 6,088 square feet, six bedrooms, and 6.5 bathrooms sprawled across twenty expansive acres.
The 1999-built home was designed in the Italian Renaissance style and features stunning outdoor spaces including covered loggias, terraces, and patios that evoke an Old World ambiance.
What is Robert Chapek’s Net Worth?
The current estimated net worth of Walt Disney Co’s Chief Executive Officer, Robert Chapek, is estimated to be about $5.03M. Robert Chapek owns about 3,556 units of Walt Disney Co common stock. In the last 2 years at Walt Disney Co, Robert Chapek has sold an estimated value of $6.66M worth.