Sunday, January 22, 2023

Walt Disney

 Walt Disney was an American film director and screenwriter, producer, voice actor and animator. He was also an entertainer, philanthropist, and internationally renowned. After inflation adjustment, Walt Disney's net worth was approximately $1 billion at the time of his death in 1966. His assets were valued between $100-150 million in dollars. This amounts to $750 million-$1.1 billion in today's dollars. The stake he held in the Disney production company alone was worth 600 million (after inflation adjustments). His individual stake in Walt Disney Inc. was also the largest. It was founded in 1953 in order to manage Disney's design and intellectual property. In the event of his death, he left his children and his wife with 45% of the proceeds in a family trust and 10 percent to his nephews and nieces. This article will go into more detail about the fortune of Walt. The remaining 45% of Walt’s estate was not distributed to family members. Instead, they created a charity. The majority of the donation was given to CalArts which is a private art school.

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