Jeffrey Katzenberg Net Worth

What is Jeffrey Katzenberg’s Net Worth?

Jeffrey Katzenberg, an American businessman and film producer, has a net worth of $900 million.

Highlights

• Former CEO of DreamWorks Animation
• Former chairman of the Walt Disney Company
• Founder of the short-form video service Quibi
• Sold Dreamworks Studios to Comcast for $3.8 billion, earning $420 million

Early Life

Jeffrey Katzenberg was born on December 21, 1950, in New York City. His mother, Anne, was an artist, and his father, Walter, was a stockbroker. He graduated from the Ethical Culture Fieldston School in 1969.

Career

Katzenberg started his career as an assistant to producer David Picker, then became an assistant to Barry Diller, the chairman of Paramount Pictures. He rose through the ranks at Paramount and eventually became the president of production under Michael Eisner. In 1984, he joined The Walt Disney Company as the head of Disney’s motion picture division and revitalized the studio, making it the top-ranked studio at the box office. Katzenberg was also involved in various other ventures at Disney, including overseeing the Touchstone Television division and the Feature Animation unit, which created several successful animated films.

After leaving Disney in 1994, Katzenberg co-founded DreamWorks SKG with Steven Spielberg and David Geffen. He was in charge of animation operations and worked as an executive producer on numerous DreamWorks animated feature films. In 2016, Dreamworks was sold to Comcast-Universal for $3.8 billion, earning Katzenberg a personal cut of $420 million.

In late 2018, Katzenberg launched the video streaming platform Quibi in partnership with Meg Whitman. The platform raised $1 billion in funding and officially launched in April 2020.

Personal Life

Katzenberg married Marilyn Siegel in 1975, and they have two children together. The couple has been active in philanthropy, donating to various causes and institutions. Katzenberg is also involved in political circles and has made significant contributions to political campaigns, particularly supporting Barack Obama.

Net Worth Over Time

Jeffrey Katzenberg’s net worth has fluctuated throughout his career. As of now, he has a net worth of $900 million.

Components of Net Worth

Jeffrey Katzenberg’s net worth primarily comes from his successful career in the entertainment industry, including his time at Disney and DreamWorks Animation. He earned a significant amount from the sale of Dreamworks Studios to Comcast-Universal. Additionally, his investments and business ventures, such as Quibi, contribute to his overall net worth.

Disclaimer: All net worths mentioned in this article are estimates based on public sources, and the figures may not be completely accurate. Corrections and feedback are always welcome.

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