|Net Worth/Valuation:||$170 billion|
|Latest Reported Revenue:||$82.7 billion (2022)|
|Public/Private:||Publicly Traded (DIS)|
|Number of Employees:||223,000|
|Notable Shareholders:||Michael Eisner, Robert Iger, Christine McCarthy, Alan Braverman, Vanguard Group|
Frequently Associated With
Net Worth of Disney
The net worth of Walt Disney Co. is estimated to be roughly $170 billion in 2022.
The majority of Disney’s net worth can be attributed to their media and entertainment division. This division alone brought in $55 billion in 2022. Their biggest acquisition ever was of a media and entertainment company, 21st Century Fox, in 2019.
They also notably own the largest market share in the Amusement Parks industry at roughly 72.4% of all revenue in the industry.
The Magic Kingdom, which is one of the four main parks of Walt Disney World, not only brings in the greatest number of visitors each year out of any park but is also the most profitable. This park alone brings in over $78 million on an average day. In comparison, it takes around $5.5 million to run each park per day.
That’s a total of $22 million in park-related expenses per day in the Walt Disney World. If you do the math, the profit per day is quite enormous. Just from the Magic Kingdom’s $78 million, even if you considered the expenses of $22 million for all four parks, Disney is raking in at least $56 million per day from that particular amusement park alone.
Is Disney the richest company in the world?
Disney is a huge and influential conglomerate, especially being in the media business, but no, they are not the richest company in the world. At the moment, that title belongs to Apple (AAPL). In fact, Disney is ranked as the 61st richest company in the world at the time of this writing.
However, if you only consider the Media industry, Disney can rank as the number one richest company depending on what year you’re talking about. For example, before 2019, not so much. However, in 2019 following their acquisition of 21st Century Fox, they were indeed the richest valued at $254 billion that year.
Who owns most of Disney?
Walt Disney Co. is currently owned largely by institutions, the top three being Vanguard Group, BlackRock, and State Street Corp. Such institutions as these account for more than 62% of total ownership based on number of shares.
If we’re talking about individual shareholders, the original Disney family owns less than 3% of the company. This is a far cry from the 20% the original family-owned back in the 1960s.
Outside of the original Disney family, Michael Eisner, CEO of Disney from 1984 to 2005, owns the most shares numbering over 14 million, and owns 0.77% of the company.
History of the Walt Disney Company
The Walt Disney Company, commonly known as Disney, has a storied history that dates back to its founding in 1923. The company was initially established as the Disney Brothers Studio by Walt Disney and Roy O. Disney.
They began by producing animated short films, with their first notable success being the creation of the iconic character Mickey Mouse in 1928. Mickey Mouse quickly became a cultural phenomenon and served as the foundation for Disney’s future success.
In the 1930s, Disney continued to push the boundaries of animation with advancements in synchronized sound and color cartoons. The release of “Snow White and the Seven Dwarfs” in 1937 marked a significant milestone as it became the first full-length animated feature film. This success was followed by a string of beloved animated classics such as “Pinocchio,” “Fantasia,” and “Cinderella” in subsequent years.
As Disney’s reputation and influence grew, the company expanded its endeavors beyond animation. In the 1950s, they ventured into television production, launching shows like “The Mickey Mouse Club” and “Disneyland,” which would later become the long-running series “The Wonderful World of Disney.” This expansion into television allowed Disney to reach a wider audience and further solidify its position as a leading entertainment company.
In the 1950s and 1960s, Disney also began developing the concept of theme parks. The opening of Disneyland in California in 1955 marked the birth of a new era in entertainment. The success of Disneyland inspired the creation of additional theme parks, including Walt Disney World Resort in Florida, Tokyo Disneyland, Disneyland Paris, and Hong Kong Disneyland. These theme parks became synonymous with the Disney brand, providing immersive and magical experiences for visitors from around the world.
In addition to animation and theme parks, Disney has made significant acquisitions over the years to expand its portfolio and diversify its offerings. Notable acquisitions include the purchase of Pixar Animation Studios in 2006, Marvel Entertainment in 2009, and Lucasfilm (creator of the Star Wars franchise) in 2012. These acquisitions have allowed Disney to tap into new markets and leverage popular intellectual properties to create compelling content and experiences.
Today, the Walt Disney Company is a global entertainment powerhouse. It encompasses various divisions, including Walt Disney Studios, Disney Television Animation, Disney Parks, Experiences and Products, and Disney Media Networks. The company continues to create and distribute beloved films, produce engaging television shows, operate world-class theme parks, and offer a range of consumer products and experiences that bring joy and entertainment to millions of people worldwide.
How many Disney parks are there in the world?
There are six Disney theme park resorts located in different parts of the world currently.
Disneyland Resort – Located in Anaheim, California, USA. It includes Disneyland Park and Disney California Adventure Park.
Walt Disney World Resort – Located in Orlando, Florida, USA. It includes four theme parks: Magic Kingdom, Epcot, Disney’s Hollywood Studios, and Disney’s Animal Kingdom.
Tokyo Disney Resort – Located in Urayasu, Chiba, Japan. It includes two theme parks: Tokyo Disneyland and Tokyo DisneySea.
Disneyland Paris – Located in Marne-la-Vallée, France. It includes two theme parks: Disneyland Park and Walt Disney Studios Park.
Hong Kong Disneyland Resort – Located on Lantau Island, Hong Kong. It includes Hong Kong Disneyland Park.
Shanghai Disney Resort – Located in Pudong, Shanghai, China. It includes Shanghai Disneyland Park.