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

Joshua Grode named CEO of Legendary Entertainment

Joshua Grode has been appointed as CEO of Legendary Entertainment, taking over for former CEO Thomas Tull. In his new role, Grode will establish the strategy for expanding Legendary’s existing business, leveraging the assets of its largest shareholder ...
Posted: December 5, 2017, 2:49 pm

Josh Grode Named CEO of Legendary Entertainment

Attorney Joshua Grode has been named the new CEO of Legendary Entertainment, nearly a year after the departure of founder Thomas Tull. Grode served as an adviser to Legendary and its parent company, the Dalian Wanda Group. He takes the helm at an uncertain ...
Posted: December 5, 2017, 10:30 am

Jackie Robinson’s Pasadena heritage commemorated at the Rose Bowl

The Rose Bowl statue was paid for as part of a larger donation from Alba and Thomas Tull and the Tull Family Foundation to the Rose Bowl Legacy Foundation, the stadium’s nonprofit fundraising arm. It aims to raise $40 million for stadium improvements by ...
Posted: November 29, 2017, 6:27 pm
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