$ 400 Million
Michael Ovitz Net Worth: Michael S. Ovitz is an American talent agent who co-founded Creative Artists Agency in 1975 and served as its chairman until 1995. Ovitz later served as President of the Walt Disney Company from October 1995 to January 1997. The majority of Ovitz net worth is acquired from the Walt Disney company where he served as President, and Creative Artists Agency as its Chairman and co-founder. In the past, he has served as the talent agent for artists like Sylvester Stallone, Dustin Hoffman, and Tom Cruise. Michael Ovitz has a net worth of $400 million.
Check out the below article to know the complete information regarding Michael Ovitz Networth, His Salary , Houses, Cars, and his other Investments details.
Michael Ovitz Net Worth 2021 @ $400 Million
Michael S. Ovitz is an American talent agent who co-founded Creative Artists Agency in 1975 and served as its chairman until 1995. who has a net worth of $400 million
Michael Ovitz House & Property (where does Michael Ovitz live now?):
In early December of 2008, former talent agent and former Hollywood power player Mike Ovitz listed his Los Angeles, CA house with an asking price of $14,500,000.
By the tail end, February of 2009 the property had been, according to the peeps at Red fin, de-listed. Thanks to our always helpful informant The Rolling Stone, Your Mama has learned that the property was recently re-listed with a new, improved and radically reduced asking price of $8,500,000.
Michael Ovitz Luxury Cars:
Michael Ovitz, the principal at CKE Associates, is seen looking at a Toyota FJ Cruiser during the New York International Auto Show in New York, Thursday, April 13, 2006.
Michael Ovitz Biography
American talent agent Michael Ovitz has an estimated net worth of $400 million in 2012. The majority of Ovitz’s net worth is acquired from theWalt Disney company where he served as President, and Creative Artists Agency as its Chairman and co-founder. In the past, he has served as the talent agent for artists like Sylvester Stallone, Dustin Hoffman and Tom Cruise. He is also the man behind the forming of CKE, a firm that combines Artist Television Group, Lynx Technical Group, Artist Production Group and Artist Management Group.
Michael S. Ovitz was born on December 14, 1946 in Chicago Illinois. Since 1969, he has been married to Judy Reich with whom he has three children named Christopher, Kimberly, and Eric. After completing his degree in theater, film, and television in 1968 from the University of California Los Angeles, he started working for William Morris Agency where he spent the next six years of his life. Together with four colleagues, they left William Morris to launch Creative Artists Agency.
In 1995, he left CAA to join the Walt Disney Company as President. Eventually, he left Disney to form CKE in 1999 which was comprised by the four distinct companies mentioned above. In 2009, AMG was sold for $12 million to Jeff Kwatinetz.
Ovitz is a private investor who continues to advise informally the careers of luminaries such as Martin Scorsese, David Letterman, and Tom Clancy. Active in philanthropy, he donated $25 million in 1999 to spearhead fund raising efforts for UCLA’s Medical Center and has contributed significantly to numerous other philanthropic endeavors. A private investor and businessman, his notable activities have ranged from attempts to bring an NFL team to the Los Angeles Coliseum to ventures in online media.
Ovitz is considered among the world’s top 200 art collectors. His contemporary pieces include works by Pablo Picasso, Jasper Johns, Willem de Kooning, Barnett Newman, Mark Rothko, and many others.
Bio Data of Michael Ovitz:
|Full Name||Michael S. Ovitz|
|Date of Birth||December 14, 1946|
|Birthday place||Chicago, Illinois|
|Marital Status||Married (Judy Reich)|
|Source of Income||Creative Artists Agency, Walt Disney Company|
|Education||Birmingham High School,, University of California, Los Angeles|
|Children||2 (Christopher, Kimberly, Eric)|
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