Thomas Tull Net Worth is$50 Million
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Profession: Film Producer
Thomas Tull net worth: Thomas Tull is an American executive with an estimated net worth of $50 million dollars. Thomas Tull is most widely recognized as the founder and CEO of Legendary Pictures, Inc., which is based in Burbank, California. The film production company was one of the first to raise the majority of its capital via Wall Street-based private equity agreements and hedge fund backing. The company has gone on to produce some of the most successful films in recent memory, including "Batman Begins", and its sequels, "The Dark Knight", and "The Dark Knight Rises", "Superman Returns", "300", "Watchmen", "The Hangover", "Clash of the Titans" and its sequel, "Wrath of the Titans", "Inception", and "The Town", among many other projects. Legendary has also expanded into comic book production and television. Lately, Mr. Tull has been in the headlines because he is one of a group of executives in the running to purchase the San Diego Padres. He is also part owner of the Pittsburgh Steelers.
Legendary Pictures, Inc. (also referred to as Legendary Entertainment) is an American film production company based in Burbank, California. The company was founded by Thomas Tull in 2000 and in 2005 the company concluded an agreement to co-produce and co-finance 40 films with Warner Bros.
Thomas Tull founded Legendary Entertainment after raising $500 million from private equity firms. It was one of the first companies of its kind to pair major motion picture production with major Wall Street private equity and hedge fund investors, including ABRY Partners, AIG Direct Investments, Bank of America Capital Investors, Columbia Capital, Falcon Investment Advisors, and M/C Venture Partners. The company was incorporated in California in 2000 and in 2005 it signed a seven-year agreement with Warner Bros. to co-produce and co-finance 40 films over seven years. In 2010 Tull and two other investors, Fidelity Investments and Fortress Investment Group, bought all the shares of the original investors. Following the transaction, Tull became the largest shareholder, thus enabling him to more easily direct the company's operations. By 2011 the company was reported to have been valued at more than $1 billion. In September 2011, Chief Creative Officer Jon Jashni was appointed to the new position of President.
In addition to producing American feature films, Legendary Entertainment has announced various other business endeavors, which are currently in the early stages of development. In addition to those listed below, Legendary Entertainment (via Legendary Pictures, Inc.) owns several shell corporations and holding companies registered as limited liability companies (LLCs) including Legendary Entertainment, Legend Pictures, Legendary Pictures Films, Legendary Pictures Funding, Legendary Pictures Productions, Legen Pictures, Lpsco, and Lpod.
In 2009, the company announced the establishment of a digital division, to be headed by Kathy Vrabeck, that would primarily focus on game

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Thomas Tull Latest News

Wanda Group Establishes Film Fund To Lure Productions to China: “Opportunity For Hollywood, Not Competition”

The First Avenger), Legendary’s Thomas Tull and execs from Digital Domain and Arclight Films. Wanda is expanding in exhibition in China, building out more and more theaters in the country which is expected overtake North America box office by 2018 to ...
Posted: October 17, 2016, 7:08 am

Thomas Tull Leads $26.9 Million Round in Doctors-On-Demand Startup Heal

Legendary CEO Thomas Tull, wearing his venture-capital investor hat, led a $26.9 million Series A round in Heal, a Santa Monica startup that’s trying to do for in-home doctor visits what Uber did for hailing a ride. Tull Investment Group previously led ...
Posted: October 18, 2016, 4:25 am

Dalian Wanda Lands on Hollywood Shores – A New Turning Point in the Movie Business

L.A. Mayor Eric Garcetti was there, as was Motion Picture Academy President Cheryl Boone Isaacs, producer Avi Arad, Lionsgate executive Patrick Wachsberger and, of course, Thomas Tull, whose Legendary Pictures Wanda acquired for the stunning sum of $3.5 ...
Posted: October 17, 2016, 1:00 am
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