50 Wealthiest: Michael Eisner #38

0

NET WORTH: $1 billion s18%

LAST YEAR: $850 million

AGE: 70

RESIDENCE: Beverly Hills

SOURCE OF WEALTH: Stock options, grants

THE MONEY: Former Disney chief believed to still have majority of fortune in Mouse House stock, which made healthy gains. Venture vehicle Tornante Co. benefited from holdings in Topps trading cards and Vuguru digital studio.

BUZZ: Eisner reinvented himself as a web guru after getting booted from Disney and is making way back to traditional film and TV. Reportedly seeking $800 million in financing to create TV and film productions; expected to invest $20 million of his capital in the venture. Meanwhile, Topps trading cards are appealing to new generation with sports games and statistics apps. Tornante also to finance feature film based on Topps trading cards characters Garbage Pail Kids. Digital studio Vuguru benefiting from growth in online ad spending and rolling out productions distributed through AOL. Eisner took seat on IAC/Interactive Corp. board. Seat reunited Eisner with IAC chief Barry Diller, who gave Eisner his start at ABC and then Paramount Pictures. Donated to re-election campaign for Van Nuys Democratic Rep. Howard Berman.

No posts to display