Early Life of Robert Allan Iger
On February 10, 1951, Robert Allan Iger was born in New York City. Iger was born into a Jewish family; his father was a World War II navy veteran who, after the war, entered the fields of advertising, public relations, and marketing.
Following his high school graduation in 1969, Iger enrolled in and eventually graduated from Ithaca College’s Roy H. Park School of Communications in 1973.
He has a degree in radio and television broadcasting. He first showed an interest in broadcasting as a freshman at Ithaca College, where he hosted a television show and later worked as a weatherman for five months. Robert Iger’s first professional goal was to become a news anchor for a big network.
Jobs and Professions
Bob Iger began his career in the media in 1972 when he hosted a television show called Campus Probe at Ithaca College.
- Five months later, he worked as a weather presenter in Ithaca, where he said he was preparing for a career as a news anchor. Iger tried his hand at becoming a weatherman for a little while but eventually opted to pursue another line of work.
- Bob Iger started out at the ABC in the television production department as a janitor in 1974. Supposedly, he made $150 every week, which is almost $700 in today’s money.
- After many years of service, Bob was named president of ABC Entertainment in 1989. In 1993, he was promoted to executive vice president of Capital Cities/ABC and became head of the ABC Network Television Group. Next year, he was promoted to president and COO of Capital Cities/ABC.
- Capital Cities/ABC was purchased by Disney in 1995. As a result of the merger, the firm changed its name to ABC, Inc., and Bob Iger served as president until 1999.
- When Iger took over the reins at Walt Disney International in 1999, he also assumed the role of chairman of the ABC Group. Iger worked his way through the ranks at Disney, becoming president and chief operating officer in January 2000, much like he had done at his prior employers. Later, in March of 2005, he was promoted to CEO of Disney.
- Iger, a seasoned business executive, quickly reversed Disney’s fortunes after becoming the helm. Disney’s planned $7.4 billion acquisition of Pixar was first disclosed on January 24, 2006. Disney, led by Iger, paid $4 billion in 2009 to purchase Marvel Entertainment and all of its assets.
- Bob Iger paid $4.0 billion to film director George Lucas to acquire Lucasfilm Ltd in October 2012. Due to this acquisition, Disney now owns the rights to produce and distribute all future installments in the Star Wars and Indiana Jones series.
- Bob Iger’s last day as Disney CEO was February 25, 2020. However, he would not be leaving the firm immediately. Instead, Iger opted to serve as Disney’s executive chairman during the COVID-19 crisis.
Honors and Awards Received
Mr. Iger is widely regarded as one of the most powerful executives in the world. I think it’s safe to say he accomplished what he set out to do.
As CEO of the Walt Disney Company, one of his biggest achievements was overseeing the company’s investments in and acquisitions of a number of the world’s leading media organizations.
In addition to that, he helped lay the groundwork for the media giant to become one of the world’s leading producers of both film and television.
Family, Age, Height, and Weight
Bob’s impeccable fitness is one of his most striking physical attributes. This hardworking entrepreneur and father of two stands at a svelte 185 cm, or little over 7 feet, and puts a premium on maintaining his physical fitness.
He previously wed a woman named Kathleen Susan, but they later separated and eventually divorced. Kate and Amanda were their two daughters.
Iger wed Willow Bay, a journalist, in 1995. They have a son named Robert and a daughter named William.
In 2020, as Disney braced for enormous revenue losses due to the COVID-19 epidemic, the company’s previous executive chairman and CEO refused to take any of his compensation.
How Much Does Bob Iger Net Worth?
The ambitious New Yorker started his job as a lowly laborer at $150 per week, but he soon rose through the ranks and accomplished more than anybody could have predicted. Under the terms of his current Disney deal, he receives a $50 million yearly income.
|Net Worth:||$350 Million|
|Date of Birth:||Feb 10, 1951 (71 years old)|
|Place of Birth:||Oceanside|
|Nationality:||United States of America|
During his time as CEO, he oversaw the acquisition of competitors like Marvel, LucasFilm, and Pixar, transforming the corporation into a very profitable entertainment conglomerate.
Disney’s market capitalization worth doubled from $48.5 billion to a remarkable $257 billion inside a 13-year timeframe when Iger was in top strategic roles, thanks in large part to this choice and others like it.