CEO

Terry Semel Net Worth

Terry Semel Net Worth 2018: Wiki, Married, Family, Wedding, Salary, Siblings

Terry Semel net worth is
$300 Million

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.


Full NameTerry Semel
Net Worth$300 Million
Date Of BirthFebruary 24, 1943
Place Of BirthBrooklyn, New York City, New York, United States
ProfessionEntrepreneur, Businessperson
EducationLong Island University
NationalityAmerican
SpouseMaryann Semel, Jane Bovingdon
ChildrenCourtenay Semel, Kate Semel, Eric Semel, Lily Bovingdon Semel
ParentsBen Semel, Mildred Wenig Semel
Nicknames特里·塞梅尔
IMDBhttp://www.imdb.com/name/nm0783760/
AwardsPGA Vanguard Award, PGA Milestone Award
MoviesRules Don't Apply, Filthy Rich: Cattle Drive
TV ShowsFilthy Rich
#Quote
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.
#Fact
1One son Eric(b. Mar 1969).
2Chairman 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. [2007]
4In 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").
5Originated the idea of Tiny Toon Adventures.
6Has 3 daughters: Courtenay Semel, Lily Bovington Semel (b. 1985), and Kate Semel (b. March, 1992)

Producer

TitleYearStatusCharacter
Rules Don't Apply2016producer - produced by

Thanks

TitleYearStatusCharacter
The Brothers Warner2007TV Movie documentary special thanks
Cruise on Kubrick1999Video documentary short thanks
Kidman on Kubrick1999Video documentary short thanks
Spielberg on Kubrick1999Video documentary short thanks

Self

TitleYearStatusCharacter
Batman: The Birth of the Modern Blockbuster2014Video shortHimself
Levitated Mass2013DocumentaryHimself
Tales from the Warner Bros. Lot2013DocumentaryHimself
Casting By2012DocumentaryHimself
A Family Affair: Bringing 'Lethal Weapon' to Life2012Video documentary shortHimself
Psycho Pension: The Genesis of 'Lethal Weapon'2012Video documentary shortHimself
Pulling the Trigger: Expanding the World of 'Lethal Weapon'2012Video documentary shortHimself
Shootout2006TV SeriesHimself
Charlie Rose2003TV SeriesHimself - Guest
AFI Life Achievement Award: A Tribute to Barbra Streisand2001TV Special documentaryHimself (uncredited)
Stanley Kubrick: A Life in Pictures2001DocumentaryHimself
Warner Bros. Celebration of Tradition, June 2, 19901990TV Movie documentaryHost
Special Gala: A Tribute to David Wolper1990TV MovieHimself

Known for movies

Most recent Terry Semel news

Former Yahoo CEO Terry Semel's son legal battle with stepmom over care of Alzheimer's stricken dad

Former Yahoo CEO Terry Semel's son legal battle with stepmom over care of Alzheimer's stricken dad

Read More »


    Source
    IMDB Wikipedia

    Related Articles

    Close