Michael Eisner is a successful American businessman. Between 1976 and 1984, he served as the President as well as the Chief Executive Officer (CEO) of Paramount Pictures. He then became not only the Chairman but also the CEO of The Walt Disney Company. The two are famous competitive movie studios. Besides that, he has worked in the likes of CBS, NBC, and ABC although for short periods in either. With his working in great companies and the prominent positions, it is apparent that he has earned a lot. However, how much is it? To find out Michael Eisner’s net worth in 2018 and updates regarding how it all began and what he is up to, keep reading.
Michael Eisner Early Life
Eisner was born in 1942 on 7th March as Michael Dammann Eisner. He was born to Margaret together with Lester Eisner. His birthplace was Mount Kisco, New York. He comes from a famous family whether you look it from his mother’s or father’s side. Her mother was the Irvington Institute’s president. On the other hand, his father was a lawyer and the regional leader of the Department of Housing and Urban Development of the United States. She was born together with her sister by the name Margot Freedman. Despite being born in Mount Kisco, Michael grew up in Park Avenue, Manhattan.
When Michael became of age, he joined the Allen-Stevenson School before transferring to The Lawrenceville School. Upon graduating from the latter, he joined the Denison University. He earned a B.A. in English, and the graduation was in 1964.
In the same year of his graduation, Eisner met Jane Breckenridge. They tied the knot three years later. Over the years they have welcomed three sons namely Eric, Breck as well as Anders Eisner.
Michael Eisner Career, Awards & Achievements
We worked in CBS and NBC but not for long. Barry Diller then hired him. He was to serve as the National Programming Director assistant at the ABC. He often earned promotions and his highest rank there was a senior vice president. His areas of jurisdiction were development and programming as well.
Diller left for Paramount Pictures, and Michael followed suit. On arrival, Eisner became its president as well as CEO. When Diller left Paramount, the outcome was not only different but also unexpected. Instead of Michael following him or replacing him, he went to The Walt Disney Company.
For more than a decade, Eisner was the CEO of The Walt Disney Company. His tenure lasted between 1984 and 2005 when he stepped down one year before the end of his contract. While there, he also presented The Wonderful World of Disney TV series. The departure from Disney was in 2005 on 13th March. Bob Iger replaced him for the position.
He was a guest host of Charlie Rose on 7th October of the same year. Due to his impressive performance, Mark Hoffman who was the President of CNBC offered him an opportunity to host his show. It was aired between 2006 and 2009 with the title Conversations with Michael Eisner.
He has The Tornante Company. The firm partnered with Madison Dearborn Partners. Together, they purchased Topps Company. The company also owns Portsmouth Football Club. Its ownership commenced in 2017.
Awards & Achievements
Michael Eisner has received several awards. They include National Building Museum’s Honor Award and Humanitarian of the Year Award. Michael Eisner was inducted into the Television Academy of Fame. Eisner also earned a star on the Hollywood Walk of Fame.
Net Worth of Michael Eisner
Michael Eisner has a net worth of $1.5 billion. His various posts in different prestigious companies and his companies, sales of his books as well as investments have contributed to his wealth.
Michael Eisner is an icon to reckon with when it comes to the movie studios. He has worked with Paramount, Disney, ABC, CBS, and NBC. He left a mark wherever he went. That explains how he won his awards.