BRENTWOOD, Calif., Jan. 21 (UPI) -- Hollywood power couple Michelle Pfeiffer and David E. Kelley have sold their estate in Brentwood, Calif., to Disney chief Robert Iger for $19 million. He made $47.5 million in total compensation in 2019 (with a base salary of $3 million), down from the $65.6 million he made in 2016, as chairman and CEO of Disney, according to The Hollywood Reporter. He and Simpson were married four months later. Iger said he campaigned for months until he was officially named CEO in 2005. Homes - Celebrity - Business Links: en.wikipedia.org By: jdubble07 Advertisement Celebrity Homes Mailing List The couple originally listed their estate at $29 million. Iger has amassed a sizeable personal fortune across his 15 years and counting as CEO. The house, which is built on an area of 4500 square feet, was sold to the co-managing partner of a private equity firm, Thomas Lister and his wife, Amanda. The 7,500-square-foot, traditional-style main house in Brentwood was built in 1946. Iger told Laurene Powell Jobs at The Atlantic Festival in Washington in 2019. originally wanting to be a news anchor, and briefly worked as a local weatherman, Iger was brought on as a "studio supervisor. Iger has also said that he doesn't eat carbs unless it's pizza, recalling that during his high school years, he worked at his local Pizza Hut. Katzenberg said while presenting the Simon Wiesenthal Center Humanitarian Award to Iger in 2019. The house contains a guest house, a tennis court, a pool, five bedrooms, and nine bathrooms. REUTERS Organizers reportedly submitted the petition to upper management alongside hundreds of testimonials from employees affected by the. It comes complete with a private elevator, cozy library, and a few wood-burning fireplaces. It was restored and remodeled in 2001, a year after Pfeiffer and Kelley bought the property for $15.5. In Brentwood, California, Bob is the delighted owner of a $19 million house. Bob Iger Brentwood Home. Visit Business Insider's homepage for more stories. Phyllis Cohen-Edwards of Shorewood Realtors represented both sides of the transaction. Also, Bob Iger was the president of ABC television. Disney CEO Bob Iger sold his palatial New York apartment on the Upper East Side earlier this week, according to Curbed NY. Pfeiffer and Kelleys estate, which has ocean and canyon views and is on slightly more than 2 acres, was first listed in June 2004, when the power couple bought a ranch north of Los Angeles, where they moved. Iger had stepped down as CEO in February 2020 but stayed on as executive chairman until December 2021, when he retired. Ari Emanuel lets his AI alter ego open Endeavors earnings call, Sam Bankman-Fried increasingly isolated as another associate takes a plea deal, Column: Uber and Lyfts deactivation policy is dehumanizing and unfair. By Katherine Clarke A Paul Williams-designed home in Brentwood once saved from the wrecking ball by Disney CEO Bob Iger has hit the market for $16.95 million. Now in his 13th year as CEO of Disney, Bob Iger leads the largest media conglomerate in the world. He may be in charge of the most fantastical (and terrifying) conglomerate in the world, but Disney CEO Bob Iger is surprisingly understated when it comes to his living quarters. They have two daughters. Others say they feel as though the policy will effectively force them to leave. Still, the person ran a small department at ABC known as Production Services and was able to secure Iger an interview with the department. Furthermore, please leave your thoughts and comments below. Bob Iger, who served as Disney chief executive for 15 years, has stunned Hollywood by returning to replace his successor Bob Chapek after a rocky tenure that lasted just 33 months. https://www.wsj.com/articles/bob-igers-next-move-11569932934. Additionally, we post on luxury, real estate, and celebrity homes on our Instagram, Twitter, Facebook, Pinterest, TikTok, and YouTube. Pixar at the time was using technologies to produce content that had never been seen before, Iger wrote in his book. The guesthouse tacks on a bedroom and bathroom. Iger wrote in his memoir that he felt Disney needed Pixar to help enter the future of animation. The house, built in 2001, has soaring ceilings, an open floor plan, stone floors, a living-room fireplace and a luxurious master-bedroom suite and bathroom with a TV in the shower. During the Annual Meeting of Shareholders last month, Chapek commented on his fellow Cast Members, stating how much he appreciated each one saying, Theyve done an amazing job and I could not be more grateful and proud of them. "You don't expect to develop such close friendships late in life, but when I think back on my time as CEO at the things I'm most grateful for and surprised by my relationship with Steve is one of them.". BRENTWOOD, Calif., Jan. 21 (UPI) -- Hollywood power couple Michelle Pfeiffer and David E. Kelley have sold their estate in Brentwood, Calif., to Disney chief Robert Iger for $19 million.. . Recently, it was reported that Bob Chapek made a hefty purchase of a new home. The most powerful man in Hollywood, Robert Iger, is big on timing. . Fortunately, I was able to find another job in the company. Lastly, read some other articles like this one on our frontpage. The stock hit a 52-week low Nov. 9. At his Brentwood, Calif., mansion, he sat down with Jens Grede, CEO and co-founder of Kim Kardashian's underwear brand, Skims. Click through for an inside look! Get the latest tips you need to manage your money delivered to you biweekly. During his years as CEO, Iger grew Disney's profits 335% to $260 billion, Business Insider reported. Jack Flemming covers luxury real estate for the Los Angeles Times. Access your favorite topics in a personalized feed while you're on the go. To see previous columns on celebrity realty transactions go to latimes.com/hotproperty. The change is effective immediately, and Iger will remain CEO for two years, during which time he will work with the Board to "set the strategic direction for renewed growth" and identify a successor. In San Francisco, Iger visited the offices of Benchling, a biotech-research software startup that has enjoyed a 40,000% growth in valuation since Thrive's initial 2015 investment. Finally, I hope you enjoyed reading about Bob Iger's home. Bob Iger was back at Disney headquarters on Monday to meet with employees for the first time since surprising the media world by returning as the company's CEO last week. Furthermore, acquiring the very best mattress is also considered to be a wonderful investment because it will certainly serve you for a prolonged period. is george stephanopoulos retiringmr patel neurosurgeon cardiff 27 februari, 2023 / i how old was stewart granger when he died / av / i how old was stewart granger when he died / av I am saying that the people who contribute to its success also deserve a share of the profits they have helped make happen.". Forbes reported in 2019 that, if Murdoch were to cash in all stock available to him from the Disney deal, he'd own about $10.5 billion worth of Disney stock. Steve Martin lists the house next door in BHPO for $2.15 million, O.C. You may cancel your subscription at anytime by calling According to Forbes, Iger was compensated $65.6 million in 2018, which is 1,424 times the average Disney employee's salary. And in a creative business like ours, nothing can replace the ability to connect, observe, and create with peers that comes from being physically together, nor the opportunity to grow professionally by learning from leaders and mentors., 2023 NYP Holdings, Inc. All Rights Reserved, Gina Caranos Mandalorian character will remain in the show, Ex-Disney CEO griped to DeSantis about pressure to slam Fla.s Dont Say Gay bill: book, Florida Gov. This massage technique is attracting fans across Hollywood, including Ariana Grande, Kourtney Kardashian and Sean Diddy Combs. Top editors give you the stories you want delivered right to your inbox each weekday. $ + tax Dirt originally reported the real estate transaction, noting: Built new in 2013, the palatial estate is unusual in that the entire place is completely single-story, custom designed for its original owner, Lebanese immigrant and local produce market owner Ephram Nehme and his wife. According to The Hollywood Reporter, The executives new six-bedroom trophy property clocks in at nearly 10,000 square feet and sits on six acres.. Robert Iger is president and CEO of The Walt Disney Company. "America is gravely in need of optimism, of looking at the future and believing that so many things are going to be all right, or that we as a nation can attack some of the most critical problems of our day," Iger said at The Atlantic Festival in Washington in 2019. For people living in New York, this is one of the greatest luxuries one could ask for. Iger's return was met with unrestrained celebration within the company, and reports emerged that the Disney board pounced on the opportunity to bring him back as they realized that Iger was. Back in December, Iger threw a little "going away" type of party, inviting over 50 people to his Brentwood home in. 2018-01-30T22:47:43Z Courtesy of Stribling. THR shared: Located roughly an hour northwest of Downtown L.A. by car, the Chapek mansion is also sited within an exclusive 24/7 guard-gated community, where some of the famous neighbors include The Miz of WWE fame and fortune, Heather Locklear, Rams wide receiver Cooper Kupp and veteran internet celebrity Trisha Paytas, whose striking new mansion is one of two homes she owns in the area. "I was a lower middle class kid or middle class. With retirement looming former theme parks and resorts chief Bob Chapek had already taken the reins as. malls, fading from their hip glory days, may get new lives as apartments, ChatGPT who? . During his stay, the Full House star brought the home into the modern age by adding Elan smart home features and automation. By using this site you agree to our privacy policy. Do Not Sell or Share My Personal Information, L.A. 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