Terry Semel Net Worth

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How much is Terry Semel worth?

$300 Million

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.

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Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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