Walt Disney Net Worth
Walt Disney net worth: Walt Disney was an American film producer, director, screenwriter, voice actor, animator, entrepreneur, entertainer, international icon and philanthropist who had a net worth equal to roughly $1 billion at the time of his death in 1966 (after adjusting for inflation). At the time of his death, Disney's various assets were worth $100 – $150 million in 1966 dollars which is the same as $750 million – $1.1 billion today. His stake in the Disney production company alone was worth $600 million (after adjusting for inflation). He also owned the largest individual stake in Walt Disney Inc., which was created in 1953 to control Disney's intellectual property, design and other assets. Upon his death, he left 45% of his estate to his wife and children in the form of a family trust, and 10% to his sister, nieces and nephews. The remaining 45% established a charity. The majority of that charity's funds were given to CalArts, a private art school.
Walt Disney was probably most famous for being the co-founder of Walt Disney Productions, which later became one of the best-known motion picture producers in the world. He was well-known for his influence in the field of entertainment during the 20th century. The Walt Disney Company currently has annual revenues of $45 billion. Walt Disney was not only known as a film producer and a popular showman, but also an innovator in animation and theme park design. Some of the world's most well-known fictional characters including Mickey Mouse, Minnie Mouse and Donald Duck, were created by Disney and his staff. Disney himself provided the original voice for Mickey. He received four honorary Academy Awards, won twenty-two regular Academy Awards and was nominated a record-setting 59 times. He has more major film awards and nominations than any other individual in history. He founded Disneyland and Walt Disney World Resort theme parks in the U.S. which ultimately led to international resorts Tokyo Disney, Disneyland Paris, and Disneyland Hong Kong.
Born on December 5, 1901, in Chicago's Hermosa community area, his father Elias Disney was an Irish-Canadian and his mother Flora Call Disney was German-American. At the Benton Grammar School in Kansas City he met Walter Pfeiffer who came from a family of theatre aficionados, and introduced Walt to the world of vaudeville and motion pictures. He started attending courses at the Kansas City Art Institute on Saturdays. Walt often took Ruth to Electric Park, which Disney would later acknowledge as a major influence of his design of Disneyland. At McKinley High School he became the cartoonist for the school newspaper, drawing patriotic topics and focusing on World War and took night courses at the Chicago Art Institute. Presented as "Newman Laugh-O-Grams", Disney's cartoons became widely popular in the Kansas City area. Disney and his brother Roy put their money together to set up a cartoon studio in Hollywood. In 1925 he married Ink and paint artist Lillian Marie Bounds they remained married until his death in 1965. The couple had two daughters. Some of Disney character creations throughout his lifetime include Oswald the Lucky Rabbit, Silly Symphonies, Donald Duck, Goofy, and Pluto. Disney's first full-length feature entitled Snow White and the Seven Dwarfs premiered at the Carthay Circle Theater on December 21, 1937 and at its received a standing ovation from the audience. Snow White, the first animated feature in America made in Technicolor, released in February 1938 under a new distribution deal with RKO Radio Pictures. Walt Disney died on December 15, 1966 at the age of 65 in Burbank, California, from lung cancer. A year later construction began on Walt Disney World Resort in Florida. His brother Roy Disney inaugurated the Magic Kingdom on October 1, 1971.
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Walt Disney Earnings
- 101 Dalmatians$5,166/week
- Swiss Family Robinson$3,000/week