Terry Semel net worth: Terry Semel's net worth is $300 million dollars. Born in Brooklyn, New York, Terry Semel graduated from Long Island University, where he earned a degree in Accounting. In 2001, he began working for Yahoo after they offered him $110 million worth of shares in the corporation in order for him to leave his position as an executive at Warner Bros. and join the company. He served as CEO until 2007. While with Yahoo, he purchased additional shares, and increased the value of the company, thereby turning a hefty profit. This strategy ended up backfiring, however, when Yahoo's value began to plummet. His salary was only $1, but his stock options amounted to almost $70 million, and he had in fact made almost $500 million while with the company. The shareholders, who were now losing money, were not pleased that he was, in effect, still profiting.
See also: Marissa Mayer Net Worth
Richard Morgan is back from the super high level media mogul retreat hosted by Allen & Company in Sun Valley where he was covering the annual event...
According to Amnesty International, 70 countries permit the death penalty. During 2007, 24 countries, 88% in China, Iran, Pakistan, Saudi Arabia, a...
While Facebook's stock market debut tops the news of the tech industry, Yahoo!'s former CEO ...
What was your favorite Terry Semel quote? 'Like' and leave a comment below, then ...
