Isaac Perlmutter

Isaac Perlmutter Net Worth: $3.1 Billion 

Isaac Perlmutter is an American entrepreneur, who has an estimated net worth of $3.1 billion (by Forbes - as of March 2014). He was the majority owner of Marvel Entertainment Inc. up until 2009 when he sold majority of his shares along with the rights to use its over 9,000 characters to Disney for a total of $4 billion. He however remained as the Chief Executive Officer of Marvel Entertainment Inc. Forbes Magazine ranks him as the 177th richest person in the United States and the 520th richest person in the world. 

Perlmutter is also the co-founder of Odd Lot Trading, a company with interests in wholesaling and retailing closeout items. The company was later sold to Revco Discount Drug Stores in exchange of 12 per cent of Revco stock.  Perlmutter and his business partner, Marden, sold their shares back to Revco for about $120 million. 

In 1994, Perlmutter bought the controlling stake that was held by Victor Kiam at Remington Products. He eventually became the Vice President of the company. In 1996, he and Kiam made their products available for sale to Vestar Capital Partners. Together with his wife Laura, Perlmutter endowed a cell biology professorship at the Skriball Institute of Bimolecular Medicines in their names.

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)