Bob Chapek Net Worth 2024: How Much Money Does The Former Disney CEO Have?

Disney is an entertainment company that has been around for many decades. Most of the people who are alive today have been graced by Disney content in their life. The company that was founded by Walt Disney in 1923 has been headed by various people over the years. The current Disney CEO is executive Bob Iger. But the man who was the CEO before Iger is Bob Chapek. Chapek was the CEO of Disney from February 2020 to November 2022.

Bob Chapek not only spent time as CEO during his Disney career but also was the Chairman of Parks & Resorts. He had a 30-year career at Disney before he was ousted from his position of CEO in November of 2022. Bob Iger was again appointed the CEO, succeeding Chapek, and is the CEO as of 2023. But what is Chapek’s net worth now? Where is he and what is he up to after the end of his career at Disney? Here are the details.

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Bob Chapek Net Worth

Bob Chapek’s exact net worth has not been determined. His net worth has been estimated to be approximately $5-10 million. Some trade pundits also argue that Chapek’s net worth could be as high as $50 million. It has been estimated that Chapek earned the majority of his net worth by working for Disney for 30 years. His annual salary was expected to be around $3 million dollars as the director and the CEO of the company.

Not only that, he owned thousands of shares of Disney, which are worth millions. Chapek has sold multiple thousand shares of the company in the past and made his biggest sale in September 2021. He sold more than 10,500 shares of Disney and made approximately $2 million dollars. As of now, he owns more than three thousand shares in the company.

Besides that, Chapek also obtained a lucrative exit package from the company after they ousted him from the position of CEO in November 2022. He received a pension of $17 million dollars and the remainder of his salary which is $6.5 million as the former CEO of Disney and former chairman of Disney Resorts and Parks.

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Bob Chapek’s Career

Bob Chapek’s career has been illustrious, to say the least. Before joining Disney, he worked at several different companies. Chapek first worked at Amoco Oil Company in Chicago. Shortly after that, he joined the H. J. Heinz company. He worked in a brand management position for a condiment company. Chapek also worked for J. Walter Thompson, an advertising agency that has worked for many high-profile companies.

Bob Chapek’s long stint with Disney began in 1993. He joined as the marketing director of Disney’s home entertainment distribution department. They focused on the sale of VHS tapes and soon Chapek became the president of the division in 2006. Then, he became Walt Disney Studios’ president for distribution in 2009. Chapek was also made the president of Disney Consumer Products in 2011.

In 2015, Bob Chapek became the chairman of Disney’s Parks and Resorts. He succeeded Thomas Staggs who became Disney’s COO. He oversaw the completion and opening of Disneyland Shanghai in 2016. During his tenure as the chairman of Parks and Resorts, it was estimated that he spent $24 billion on the upkeep and maintenance of all the resorts, cruises, theme parks, and hotels.

In February 2020, he was appointed the CEO of Disney and successor to Bob Iger. But soon in November 2022, he was ousted by the company. The reason wasn’t reported but it was assumed that his response to the ‘Don’t Say Gay’ bill that was passed in Florida, sealed the deal. But even with his ouster from the entertainment company, one can assume that he leading a comfortable life after such a long career.

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