Grand reopening set for the Earl of Sandwich at Disneyland Resort -Now Open

[TwilightZone]

Having grown up spending every weekend visiting bookstores (and then working in one for many years), I think their near-extinction is very sad. There is nothing quite like wandering through a bookstore and discovering something new and fascinating purely by chance. That said, I completely understand what happened; non-discounted books were simply getting ridiculously expensive. Who wants to pay thirty or forty bucks for a novel?

The independent bookstore I worked at was killed by Costco and Borders (Amazon was looming). We literally could not even buy a new bestseller *wholesale* for the slashed price Costco was charging for the same title at its stores, and Borders lured away even our best customers with its huge inventory, cafe and ability to match our special-order services.

And then, shortly after our store went belly-up, Amazon killed Borders.

Bookstores were magical places. God bless the few that are hanging in there.

There was a barnes and nobles in a mall we would frequent back in the day. It annoyed me because we'd be there forever, but it was nice and homey. Became a sports authority. Now it's a halloween city. I once went into that halloween city, had to be one of the more depressing ones out there, there were walls covered with fabric because they weren't utilizing all of the space.

 

[Rich T]

There was a barnes and nobles in a mall we would frequent back in the day. It annoyed me because we'd be there forever, but it was nice and homey. Became a sports authority. Now it's a halloween city. I once went into that halloween city, had to be one of the more depressing ones out there, there were walls covered with fabric because they weren't utilizing all of the space.

Before the internet, I used to *live* in the Humor, Film, Architecture, Travel and Sci-Fi sections of all my local bookstores.

 

[Californian Elitist]

Ok @raven24 where is/was that bookstore? Was it really at DTD? I love that book design!

This is actually in Downtown Los Angeles. The upper floor is full of art galleries and more books. The store’s building was a bank back in the day (hence the tall pillars) and the bank’s old vault room is now a stock room for horror books. It’s awesome.

I am *so* visiting this store on my next trip. And, wow, has any retail shop had a more honest and heartbreaking slogan on its web page?
View attachment 317792

I have never seen that slogan before. Wow. It is indeed heartbreaking and truly sad.

 

[TP2000]

BS, Iger’s worth is A LOT higher than that. He gets paid that every 18-30 months, depending on stock performance. His fortune was approaching a billion in 2015-2016.

Well, only his hairdresser knows for sure. But the websites that track that stuff claim his net worth rose from $85 Million in 2016 to $100 Million in 2017. He has an annual salary of $2 Million, and gets a bonus that has ranged from $8 Million to $15 Million in recent years.

The rest of his compensation is in stocks and the ability to purchase stock options, which don't always reflect in your actual bank account plus property and assets owned. Thus the recent reports of Bob's net worth being in the $85 Million to $100 Million range the last few years.

$18 Million in salary sounds huge, but don't forget that about half of that goes away instantly in federal and state taxes. That leaves you about $10 Million per year to live on, but you've also got to factor in Willow Bay's expensive tastes and the money it takes to keep a couple big homes going throughout the year. He's getting $10 Million per year in cash basically, but he's not living in a studio apartment in Van Nuys and driving a paid off Honda Civic.

He stands to gain a huge windfall in stocks with the Fox deal in 2018 however. Some reports say that deal alone could net Bob $423 Million by 2019.

 

[Disney Irish]

Well, only his hairdresser knows for sure. But the websites that track that stuff claim his net worth rose from $85 Million in 2016 to $100 Million in 2017. He has an annual salary of $2 Million, and gets a bonus that has ranged from $8 Million to $15 Million in recent years.

The rest of his compensation is in stocks and the ability to purchase stock options, which don't always reflect in your actual bank account plus property and assets owned. Thus the recent reports of Bob's net worth being in the $85 Million to $100 Million range the last few years.

$18 Million in salary sounds huge, but don't forget that about half of that goes away instantly in federal and state taxes. That leaves you about $10 Million per year to live on, but you've also got to factor in Willow Bay's expensive tastes and the money it takes to keep a couple big homes going throughout the year. He's getting $10 Million per year in cash basically, but he's not living in a studio apartment in Van Nuys and driving a paid off Honda Civic.

He stands to gain a huge windfall in stocks with the Fox deal in 2018 however. Some reports say that deal alone could net Bob $423 Million by 2019.

Too many people try to place a value on the stock options and lump it into net worth. This is where I think people assume he is worth almost a Billion dollars.

I'd have to go check his current number of options, but if he did cash out today his bank account would be very happy.

 

[TP2000]

Too many people try to place a value on the stock options and lump it into net worth. This is where I think people assume he is worth almost a Billion dollars.

I'd have to go check his current number of options, but if he did cash out today his bank account would be very happy.

Thank you. I don't think people understand what stock options are exactly.

After taxes, Bob is pulling in about $10 Million in cash annually. And Willow Bay is spending a lot of it, plus Bob has to pay his Botox Man too. That type of lifestyle doesn't get you a net worth of $1 Billion if you are only putting $10 Million per year into your bank account.

 

[Disney Irish]

Thank you. I don't think people understand what stock options are exactly.

After taxes, Bob is pulling in about $10 Million in cash annually. And Willow Bay is spending a lot of it, plus Bob has to pay his Botox Man too. That type of lifestyle doesn't get you a net worth of $1 Billion if you are only putting $10 Million per year into your bank account.

BTW, I just have to say Willow Bay is such a great name, so much better than Kristine Bay....

 

[the.dreamfinder]

Well, only his hairdresser knows for sure. But the websites that track that stuff claim his net worth rose from $85 Million in 2016 to $100 Million in 2017. He has an annual salary of $2 Million, and gets a bonus that has ranged from $8 Million to $15 Million in recent years.

The rest of his compensation is in stocks and the ability to purchase stock options, which don't always reflect in your actual bank account plus property and assets owned. Thus the recent reports of Bob's net worth being in the $85 Million to $100 Million range the last few years.

$18 Million in salary sounds huge, but don't forget that about half of that goes away instantly in federal and state taxes. That leaves you about $10 Million per year to live on, but you've also got to factor in Willow Bay's expensive tastes and the money it takes to keep a couple big homes going throughout the year. He's getting $10 Million per year in cash basically, but he's not living in a studio apartment in Van Nuys and driving a paid off Honda Civic.

He stands to gain a huge windfall in stocks with the Fox deal in 2018 however. Some reports say that deal alone could net Bob $423 Million by 2019.

And there’s almost ten years as a senior executive at CapCities too plus whatever his hundreds of millions he pocketed when he his sold DIS shares.

Also, most net worth figures are self reported. Suppose real rich people, like Bob, want the privacy.

 

[Disney Irish]

And there’s almost ten years as a senior executive at CapCities too plus whatever his hundreds of millions he pocketed when he his sold DIS shares.

Also, most net worth figures are self reported. Suppose real rich people, like Bob, want the privacy.

Can you provide any data that shows his net worth is anywhere close to what you claim?

 

[the.dreamfinder]

If you follow the company closely, you’ll see that the $100 million figure is way too low given ten years as a senior executive at CapCities (he was President and COO for two years before Disney bought them), his pre CEO years at Disney, and his compensation as CEO, which has seen the price of DIS grow considerably through growth via acquisitions, charging higher prices for Media Nets and at the parks and stock buybacks.

Two more things

One, his annual compensation: not going to pull down year of compensation, but last year’s compensation package, at $37 million, was the lowest he’s received since becoming CEO. His annual package tends to come in around the $40-50+ million range.

Two, how many DIS shares he has sold, in recent years
2012: $47.4 million
2013: $67 million
2015: $21.7 million
2017: $83.3 million
2018: $50.3 million

Gross: ~$269 million

 

[Phroobar]

Just think about how much Bob would be worth if he snagged Constance.

 

[Disney Irish]

If you follow the company closely, you’ll see that the $100 million figure is way too low given ten years as a senior executive at CapCities (he was President and COO for two years before Disney bought them), his pre CEO years at Disney, and his compensation as CEO, which has seen the price of DIS grow considerably through growth via acquisitions, charging higher prices for Media Nets and at the parks and stock buybacks.

Two more things

One, his annual compensation: not going to pull down year of compensation, but last year’s compensation package, at $37 million, was the lowest he’s received since becoming CEO. His annual package tends to come in around the $40-50+ million range.

Two, how many DIS shares he has sold, in recent years
2012: $47.4 million
2013: $67 million
2015: $21.7 million
2017: $83.3 million
2018: $50.3 million

Gross: ~$269 million

However you're forgetting about his liabilities. What houses (primary, secondary, vacation, etc), cars, other lavish expenses does he and his wife have?

Net Worth = Total Assets – Total Liabilities

So just because he may have sold $269 Million worth of stock (which a large portion would be taxed) in the last 6 years doesn't mean he has that in the bank. You can't take just stock sales as a CEOs net worth.

 

[the.dreamfinder]

However you're forgetting about his liabilities. What houses (primary, secondary, vacation, etc), cars, other lavish expenses does he and his wife have?

Net Worth = Total Assets – Total Liabilities

So just because he may have sold $269 Million worth of stock (which a large portion would be taxed) in the last 6 years doesn't mean he has that in the bank. You can't take just stock sales as a CEOs net worth.

You mean like the Central Park apartment he sold for $18 million this year?

Houses and cars, provided they’ve been paid for, are usually assets. In terms of lifestyle, a fair bit of it, like his security detail and private jet access, are paid by the company as part of his annual compensation.

He’s considerably richer than is reported publicly, including the $100 million figure.

 

[Darkbeer1]

Mine is up, but not doubled. (A lot of it is in real estate)

 

[DanielBB8]

Mine is up, but not doubled. (A lot of it is in real estate)

My house did very well too. I just sold it before the market cooled down in the summer. I’m sure Iger can easily double his money if he invested wisely. He won’t incur taxes if he didn’t churn his stock investments or kept good real estate in his portfolio.

 

[Darkbeer1]

My house did very well too. I just sold it before the market cooled down in the summer. I’m sure Iger can easily double his money if he invested wisely. He won’t incur taxes if he didn’t churn his stock investments or kept good real estate in his portfolio.

My portfolio has multiple income producing properties. My own Home has down very well, but I also invested a lot to help raise the price (Solar panels, Anderson Windows, Tankless Water Heater and new HVAC, and a major teardown remodel of the Kitchen). Still have a list of things to do on the house, and alas, major stuff. But when we bought the 50+ year old house, we knew what we were getting into.

 

[Disney Irish]

You mean like the Central Park apartment he sold for $18 million this year?

Houses and cars, provided they’ve been paid for, are usually assets. In terms of lifestyle, a fair bit of it, like his security detail and private jet access, are paid by the company as part of his annual compensation.

He’s considerably richer than is reported publicly, including the $100 million figure.

You don't know all his assets, or at the very least you're counting assets that are locked up in Disney itself which shouldn't be counted. And you don't appear to have counted any of his liabilities. So I'm willing to believe the publicly reported $100 Million figure way more than I am a single poster who claims his net worth is around $1 Billion which has never been reported. Either way, I'm tapping out of this one, it doesn't matter to me if his net worth is $1 Million, $100 Million, or even $1 Trillion. Cheers....

 

[Phroobar]

You don't know all his assets, or at the very least you're counting assets that are locked up in Disney itself which shouldn't be counted. And you don't appear to have counted any of his liabilities. So I'm willing to believe the publicly reported $100 Million figure way more than I am a single poster who claims his net worth is around $1 Billion which has never been reported. Either way, I'm tapping out of this one, it doesn't matter to me if his net worth is $1 Million, $100 Million, or even $1 Trillion. Cheers....

Pretty good for a weatherman.

 

[SuddenStorm]

You mean like the Central Park apartment he sold for $18 million this year?

Houses and cars, provided they’ve been paid for, are usually assets. In terms of lifestyle, a fair bit of it, like his security detail and private jet access, are paid by the company as part of his annual compensation.

He’s considerably richer than is reported publicly, including the $100 million figure.

Someone needs to take an accounting course, and perhaps a personal finance course.

 

[TwilightZone]

And @The Mom is gonna pay a nice visit in 3...2...1...