bob iger
Iger is believed to be richer than the Disney heir, Abigail Disney.
Valerie Macron/Getty Images

Bob Iger is back as the CEO of Disney less than a year after retiring.

Disney said on Sunday that Iger would return as CEO. In February 2020 Iger stepped down as CEO but remained as executive chairman until December 2021.

Iger will remain CEO for two years, during which time he will work with the Board to find a successor.

Iger has amassed a large amount of money over the course of 15 years. He made $47.5 million in total compensation, with a base salary of $3 million, down from the $68.6 million he made as chairman and CEO of Disney.

Iger began his entertainment career in 1974 as a studio supervisor at ABC and went on to lead one of the most powerful businesses in the world. In his memoir " The Ride of a Lifetime," Iger described how he went from making $150 a week to earning $60 million a year as the CEO of The Disney Company.

According to Forbes, Iger had a net worth of $690 million, which is thought to be higher than that of Disney's daughter. According to Forbes, Iger's compensation was 1,424 times what the average Disney employee made.

What we know about Iger's life and rise include how he makes and spends his millions.

Bob Iger Willow Bay Photo by Kevin Winter/Getty Images

Iger and Bay got married in 1995. Iger made quick decisions after Disney bought Capital Cities/ABC.

He wrote in his memoir that he commuted weekly to Los Angeles to meet his Disney coworkers. After the acquisition was approved, he and Bay wouldn't have a lot of time to honeymoon. They tied the knot later that year.

We wouldn't have a chance for a honeymoon once the deal was done. In October 1995 we got married.

They are married and have two kids.

Bob Iger Mickey Drew Angerer Getty final Drew Angerer/Getty

According to Forbes, Iger's net worth was $690 million, making him richer than the Disney heir, who has said she's worth about $120 million.

According to Forbes, Iger's fortune is divided between his Disney shares and cash or other investment from sales of Disney shares over the decades.

According to Forbes, Iger was paid over one thousand times the average Disney employee's salary. After closing the Disney-Fox merger, he was given another $26.3 million in stock. His initial compensation in the year was over 40 million dollars.

Disney wrote an op-ed in the Washington Post after she criticized Iger's high pay on social media.

I don't argue that Iger and others don't deserve bonuses. Disney said that they do. They have done a great job. The people who contribute to its success should get a share of the profits they made.

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