Terry Semel Net Worth is$300 Million
VN:F [1.9.22_1171]
deserves the money?
Rating: 3.0/5 (3 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 4.0/5 (2 votes cast)
Profession: Entrepreneur, Businessperson
Date of Birth: Feb 24, 1943
Ethnicity: Jewish people
Country: United States of America
Terry Semel net worth: Terry Semel's net worth is $300 million dollars. Born in Brooklyn, New York, Terry Semel graduated from Long Island University, where he earned a degree in Accounting. In 2001, he began working for Yahoo after they offered him $110 million worth of shares in the corporation in order for him to leave his position as an executive at Warner Bros. and join the company. He served as CEO until 2007. While with Yahoo, he purchased additional shares, and increased the value of the company, thereby turning a hefty profit. This strategy ended up backfiring, however, when Yahoo's value began to plummet. His salary was only $1, but his stock options amounted to almost $70 million, and he had in fact made almost $500 million while with the company. The shareholders, who were now losing money, were not pleased that he was, in effect, still profiting. See also: Marissa Mayer Net Worth
Terry Semel (born on February 24, 1943 in Brooklyn, New York, U.S.A.) is an American corporate executive who was the chairman and CEO of Yahoo! Incorporated. Previously, Semel spent 24 years at Warner Bros., where he served as chairman and co-chief executive officer. In June 2007, Semel resigned as CEO due in part to pressure from shareholders' dissatisfaction over Semel's compensation (in 2006 - salary $1, stock options worth $70 million) and performance. Semel had earned over $500 million in his tenure at Yahoo, while Yahoo's stock appreciated at 40% per year. In the same period, Yahoo's closest competitor, Google, saw stock growth of about 55% per year.
Semel's father was a women's coat designer and his mother was a bus company executive. He was raised in Bay Terrace, a community in Bayside, Queens. He was the middle child and has two sisters. At the age of 23, he graduated from Long Island University in Brooklyn with a B.S. degree in accounting.
In April 2001, Semel was granted stock options with an SEC Fair Value of over $110 million as a bonus to join Yahoo. On March 10, 2004 Semel was granted options to purchase Yahoo stock worth $120 million at an exercise price of $41.70 ( the low closing price for 2004 was $41.65). Within a month that stock was trading at $56.00, making him a profit of $50 million on that grant alone. Between 2003 and 2006 he netted $450 million as a result of exercising options and selling stock. On March 7, 2007 he held stock and unexercised options with a value of $350 million, which he was granted as compensation. During June 2006, Terry Semel's annual salary was reduced to one dollar, in exchange for millions of stock options in Yahoo. His previous annual salary was US$600,000.
Over the past three years Semel sold 18.1 million of his stock options for a gain of $450 million. He maintains another 18.6 million unexercised stock options.
As CEO, Semel approved Yahoo!'s cooperation with Chinese officials to release previously

Terry Semel Net Worth, 3.0 out of 5 based on 3 ratings

Terry Semel Latest News

McPaper Broils Marissa Mayer: The Yahoo Saga Continues

The Yahooligans have, in fact, had management issues for years. Anyone remember Terry Semel, who wanted to make Yahoo into a “media company.” I still don’t know what a “media company” means. The write up states: Nearly 50 members of Congress on ...
Posted: October 19, 2016, 8:59 pm

Some people have nightmares about their teeth falling out, or forgetting to study for a college exam

HL Capital and Terry Semel’s Windsor Media . Broadcast TV is one step closer to moving completely online. It was led by Melohn Group. “We are currently witnessing one of the weiterlesen ... nypost.com schreibt dazu: Assuming Jimmy Vesey and Michael ...
Posted: October 4, 2016, 9:02 pm

Former Yahoo! CEO Unloads Malibu Estate ... $13 Mil Under Asking Price

Terry Semel-- the former CEO of Yahoo!-- really, really, really wanted to sell off his giant Malibu estate ... so much so, he was willing to knock $13 MILLION off the asking price, TMZ has learned. Back in May, Semel wanted a cool $50 mil for his 10,000 ...
Posted: August 12, 2012, 7:30 pm
Related Topics:
How Much Is Terry Semel Earnings, How Much Is Terry Semel Income, How Much Is Terry Semel Net Worth, How Much Is Terry Semel Salary, How Much Is Terry Semel Worth, Richest 30, Richest 30 Earnings, Richest 30 Income, Richest 30 Net Worth, Richest 30 Salary, Richest 41, Richest 41 Earnings, Richest 41 Income, Richest 41 Net Worth, Richest 41 Salary, Terry Semel, Terry Semel 2012, Terry Semel 2013, Terry Semel Age, Terry Semel Alibaba, Terry Semel Alzheimer's, Terry Semel Beach House, Terry Semel Bel Air, Terry Semel Bio, Terry Semel Biography, Terry Semel Ceo Yahoo, Terry Semel Country, Terry Semel Date Of Birth, Terry Semel Daughter, Terry Semel Dementia, Terry Semel Earnings, Terry Semel East Hampton, Terry Semel Email, Terry Semel Ethnicity, Terry Semel Facebook, Terry Semel Family, Terry Semel Forbes, Terry Semel Hamptons, Terry Semel Height, Terry Semel History, Terry Semel Home Town, Terry Semel House, Terry Semel House For Sale, Terry Semel Images, Terry Semel Income, Terry Semel Job, Terry Semel Lacma, Terry Semel Leadership Style, Terry Semel Malibu, Terry Semel Malibu Home, Terry Semel Malibu House, Terry Semel Net Worth, Terry Semel Net Worth 2011, Terry Semel Networth, Terry Semel News, Terry Semel Partner, Terry Semel Place Of Birth, Terry Semel Salary, Terry Semel Tout, Terry Semel Ucla, Terry Semel Videos, Terry Semel Warner Bros, Terry Semel Warner Brothers, Terry Semel Weight, Terry Semel Wife, Terry Semel Wiki, Terry Semel Windsor, Terry Semel Windsor Media, Terry Semel Yahoo, Terry Semel Yahoo Ceo, Terry Semel Yahoo Compensation, Who Is Terry Semel,