Terry Semel net worth is
Terry Semel Wiki Biography
Terry Semel was born on 24 February 1943, in Brooklyn, New York City USA, of Jewish descent. Terry is an executive, best known for being a former CEO and chairman of Yahoo! Incorporated, a position he held from 2001 to 2007. He has also served as the co-chief executive officer and chairman of Warner Bros. All of his efforts have helped put his net worth to where it is today.
How rich is Terry Semel? As of mid-2017, sources estimate a net worth that is at $300 million, mostly earned through a successful career as an executive. He also founded the film production company Windsor Media, and as he continues his endeavors, it is expected that his wealth will also continue to increase.
Terry Semel Net Worth $300 million
Terry attended Long Island University, and graduated with a degree in accounting. He then joined Warner Bros, and would rise up the ranks to become chairman and co-chief executive officer. His net worth started to increase significantly in 2001, when he was granted stock options valued at over $110 million to join Yahoo! – he became the CEO of the company and would start Yahoo!’s cooperation with Chinese officials to release previously confidential information. However, it proved to be a decision that was not well received by many. During the “All Digital Things” conference held by the Wall Street Journal, Yahoo! Was criticized and it was even stated that Terry would have cooperated with Nazi Germany. Later in his tenure, he was given an option to look at buying Google by founders David Filo and Jerry Yang. Terry had dinner with Sergey Brin and Larry Page to discuss buying Google for a price of $1 billion. Terry said he’d take time to consider it, but during the next meeting the price was raised to $3 billion.
Semel would continue to serve as chief executive officer of Yahoo! until 2007, when he gave the reins to Jerry Yang – he still remained as chairman but in a non-executive role, while Susan Decker was appointed as president. The following year, Semel would leave Yahoo! completely. Prior to his resignation, shareholders pressured him due to dissatisfaction with his performance, and compensation package. He also made bad decisions with the company’s stock purchase strategy, resulting in the company taking a nosedive financially. Even with a low salary, he still had high valued stock options.
Aside from Yahoo!, Terry also founded Windsor Media which is known for producing the film “Rules Don’t Apply” which stars Lily Collins. Thanks to his other endeavors, his net worth has increased continuously. He was also awarded UCLA’s highest honor, the UCLA Medal. Yale School of Management’s Chief Executive Leadership Institute also awarded him the “Legend in Leadership Award”.
For his personal life, it is known that Semel was married to Maryann, and they have a son but divorced in 1974. Three years later, he married Jane Bovingdon and they have three daughters. Semel serves as the co-chair of the board of trustees at the Los Angeles County Museum of Art.
|Net Worth||$300 Million|
|Date Of Birth||February 24, 1943|
|Place Of Birth||Brooklyn, New York City, New York, United States|
|Education||Long Island University|
|Spouse||Maryann Semel, Jane Bovingdon|
|Children||Courtenay Semel, Kate Semel, Eric Semel, Lily Bovingdon Semel|
|Awards||PGA Vanguard Award, PGA Milestone Award|
|Movies||Rules Don't Apply, Filthy Rich: Cattle Drive|
|TV Shows||Filthy Rich|
|1||[on Joel Silver]: Let's hope he doesn't take a bullet from anybody. He's a good guy. Even home run hitters have cold streaks. It's the nature of the sports and it's the nature of the movies.|
|1||One son Eric(b. Mar 1969).|
|2||Chairman and chief executive of Yahoo. [April 2001]|
|3||(18 June) Forced to step down as CEO of Yahoo! in favor of company co-founder Jerry Yang. |
|4||In June 2005, he and his wife purchased a Beverly Hills home for $8.3 million from Hollywood producer Roger Birnbaum (producer of "Rush Hour" and "Seabiscuit").|
|5||Originated the idea of Tiny Toon Adventures.|
|6||Has 3 daughters: Courtenay Semel, Lily Bovington Semel (b. 1985), and Kate Semel (b. March, 1992)|
|Rules Don't Apply||2016||producer - produced by|
|The Brothers Warner||2007||TV Movie documentary special thanks|
|Cruise on Kubrick||1999||Video documentary short thanks|
|Kidman on Kubrick||1999||Video documentary short thanks|
|Spielberg on Kubrick||1999||Video documentary short thanks|
|Batman: The Birth of the Modern Blockbuster||2014||Video short||Himself|
|Tales from the Warner Bros. Lot||2013||Documentary||Himself|
|A Family Affair: Bringing 'Lethal Weapon' to Life||2012||Video documentary short||Himself|
|Psycho Pension: The Genesis of 'Lethal Weapon'||2012||Video documentary short||Himself|
|Pulling the Trigger: Expanding the World of 'Lethal Weapon'||2012||Video documentary short||Himself|
|Charlie Rose||2003||TV Series||Himself - Guest|
|AFI Life Achievement Award: A Tribute to Barbra Streisand||2001||TV Special documentary||Himself (uncredited)|
|Stanley Kubrick: A Life in Pictures||2001||Documentary||Himself|
|Warner Bros. Celebration of Tradition, June 2, 1990||1990||TV Movie documentary||Host|
|Special Gala: A Tribute to David Wolper||1990||TV Movie||Himself|