Daemon (Smith) and adult Rhaenyra (Emma D'Arcy) in "House of the Dragon."
Ollie Upton / HBO
HBO is betting on "House of the Dragon" season two's success. The network just renewed the "Game of Thrones" prequel for another season ahead of Sunday's premiere.
Francesca Orsi, HBO's head of drama, praised the team behind the hit fantasy series in the renewal announcement.
"George, Ryan, and the rest of our incredible executive producers, cast, and crew, have reached new heights with the phenomenal second season of 'House of the Dragon,'" Orsi said in a press release. "We are in awe of the dragon-sized effort the entire team has put into the creation of a spectacular season two, with a scope and scale that is only rivaled by its heart."
"We could not be more thrilled to continue the story of House Targaryen and watch this team burn bright again for season three," she added.
This is a developing story. Check back for additional details.
The chain hit record sales in 2021 and is still considered one of the leading dessert and snack chains in the US. But at the core of its success might be one of its signature desserts: The Blizzard, a frozen treat blended with all sorts of mix-ins.
Blizzard flavors come and go, and I'm always hunting for the best one. So, since August 2020, I've been eating and ranking every Dairy Queen Blizzard I could get my hands on.
Here's how the Blizzards I've tried so far stack up, ranked from my least favorite to my favorite.
Editor's Note: This list includes limited-edition and seasonal flavors that don't always return. Check the menu at your nearest location before trying to order any of the options below.
Cotton-candy Blizzard
Cotton-candy Blizzard.
Savanna Swain-Wilson for Insider
The first problem with this seasonal Blizzard was the texture. It had these chewy, colorful bits of sugar that felt a bit off — like they weren't supposed to be in there, and a child added them in at the last minute.
But the unbearable sweetness of this Blizzard is what earned it a spot at the bottom of my list. This dessert just tasted like pure sugar and my teeth still hurt thinking about it.
I could picture younger kids absolutely loving this, but I can't see myself ordering this one again.
M&M Blizzard
M&M Blizzard.
Savanna Swain-Wilson for Insider
Many people picture M&Ms when they think of a classic ice-cream mix-in. That symphony of crunchy, chocolaty bits with smooth, creamy ice cream is a kid's kryptonite on a summer afternoon.
But this Blizzard was pretty underwhelming, especially when compared to the other ones on the menu. I think it could've benefited from the addition of a brownie to make the chocolate flavor of the candies stand out more.
Royal Rocky Road Trip Blizzard
Royal Rocky Road Trip Blizzard.
Savanna Swain-Wilson for Insider
Full disclosure: I don't care much for rocky-road ice cream, so I knew I wasn't going to be wild about this one from the start.
Like rocky-road ice cream, this Blizzard contains all of the essential flavors: chocolate, peanuts, and marshmallow. This dessert has a single marshmallow core in the center of the cup with the ice cream around it and it comes with brownie chunks to offset the strong vanilla flavors.
I can see this being a dream for anyone who loves marshmallows, but I felt that the core overpowered the rest of the Blizzard. At one point, I thought the peanuts were missing, but they'd really just collected at the very bottom of the cup, which made every bite pretty inconsistent.
Very Cherry Chip Blizzard
Very Cherry Chip Blizzard.
Savanna Swain-Wilson
This Blizzard absolutely lives up to its name. To me, it tasted exactly like a cherry slushie.
It's very, very sweet, but I didn't find that totally offputting. The bits of cherry in this offered a nice pop of tart flavor that made my lips pucker. My order also contained plenty of tasty chocolate chunks, which cut through some of that intense fruity sweetness.
I believe this Blizzard will appeal to a lot of people (Shirley Temple fans, looking at you), but it was too sweet for me to find it enjoyable beyond a few bites.
If I wanted a fruit-forward Blizzard, I'd go with the Raspberry Fudge Bliss.
Peanut Butter Cookie Dough Party Blizzard
Peanut Butter Cookie Dough Party Blizzard.
Savanna Swain-Wilson
I'm still so confused about what the Peanut Butter Cookie Dough Party was supposed to be.
I thought it would have chunks of peanut-butter cookie dough, but it actually contained chocolate-chip cookie dough. Peanut-butter topping was swirled into DQ's signature vanilla soft serve and — even more confusing — it had a crunchy peanut-brittle topping and sprinkles, which, for me, just added an awkward crunchiness.
Still, it wasn't bad. The sauce was blended so seamlessly into the vanilla soft serve that it tasted like peanut-butter ice cream. However, DQ would have more luck pairing peanut butter with something that would contrast its nutty flavor, like dark-chocolate brownies.
The one-note quality of this makes it seem like it was made for kids
Wonder Woman Cookie Collision Blizzard
Wonder Woman Cookie Collision Blizzard.
Savanna Swain-Wilson for Insider
With such a fun name, I had high hopes for this limited-edition Blizzard. Unfortunately, it underwhelmed me.
Essentially, It's a hodgepodge of chocolatey flavors, but instead of using brownies as the dessert mix-in of choice, it's chocolate chip and chocolate-chocolate cookie dough, which are pretty much indistinguishable from each other.
This had potential, but the similar toppings didn't add much in terms of flavor. If you were to blind taste-test me, I'd probably have a difficult time distinguishing between this one and the regular cookie dough Blizzard, which is disappointing.
Heath Blizzard
Heath Blizzard.
Savanna Swain-Wilson for Insider
I was eager to try the Blizzard because I think Heath is an excellent, underrated candy bar.
The Heath candy bits were finely chopped and distributed well throughout the ice cream. This gave the entire Blizzard a strong toffee taste, which I personally loved.
However, the biggest issue with this one was the texture. Toffee is notoriously sticky and hard, especially when paired with a cold substance like ice cream. As I ate my Blizzard, I noticed the small bits of the candy were getting stuck to parts of my teeth, which made me unwilling to finish it.
Oreo Dirt Pie Blizzard
Savanna Swain-Wilson
Although I personally never attended summer camp myself, I have many fond childhood memories of eating Oreo dirt pies at birthday parties.
Normally, the dessert is made using pudding as a base, but here, DQ is putting its own spin on this with its soft serve.
I appreciate the sentiment DQ was trying to convey here, and I'm sure kids will go nuts for this, but I'm not sold on the gummy worms being mixed into the ice cream.
As a topping? Fine. But I didn't care for getting random bites of chewy candy in my ice cream. There's already enough texture going on with the cookie pieces and fudge. Plus, it's not like they add that much flavor.
On a more positive note, I loved how the added extra fudge crumbles really doubled down on the chocolate flavor.
This costs the same as the regular Oreo Blizzard, so you're not necessarily out any extra money if you order this over the other. But for my money, I'd much rather get the regular Oreo Blizzard.
Nestle Drumstick with Peanuts Blizzard
Nestle Drumstick with Peanuts Blizzard.
Savanna Swain-Wilson for Insider
This Blizzard brought me back to childhood days at my Grandma's house.
I'd often dig in the back of the freezer looking for chocolaty Drumstick treats, only to devour an entire cone within a couple of minutes. And every time, my fingers (and the floor) would end up covered in a melted mess.
Years later, I'm still a fan of Drumsticks, but I rarely eat them to avoid dealing with that mess. Thankfully, DQ has solved that problem by creating a Blizzard with Drumstick bits blended right in that I can enjoy with the convenience of a spoon.
And let me tell you, it did not disappoint. As is the case with most of its blizzards, the vanilla ice cream made for the perfect base, accentuating the peanut-waffle-cone-Nestle chocolate flavor in the mix-ins. Peanut was definitely the predominant flavor, but it wasn't so overpowering that I didn't taste the chocolate.
I wish the peanut bits were larger, though, since they kept getting stuck in my teeth. I understand the peanuts on a drumstick are tiny as is, so there was no changing this.
Still, if you're looking for a peanut-butter dessert that's not too chocolaty or sweet, try this Blizzard.
Picnic Peach Cobbler Blizzard
Picnic Peach Cobbler Blizzard.
Savanna Swain-Wilson
In my mind, peach cobbler brings to mind a dessert served warm, and topped with ice cream, so I was curious about this deconstructed Blizzard version.
Overall, this was so-so. The tiny chunks of cold cobbler were easily the star of the show, offering a buttery flavor that was delicious against DQ's basic vanilla soft serve and a shortbread-like texture that was pleasantly crumbly.
That said, I don't know if the peach-topping swirls worked for me. It could have been how my Blizzard was mixed, but I found the distribution of flavor wildly inconsistent; I had to dig around before I got any peach flavor.
Oreo cookie Blizzard
Oreo cookie Blizzard.
Savanna Swain-Wilson
Although I enjoyed this Blizzard, it was essentially the same thing as cookies-and-cream ice cream.
On a positive note, DQ's signature vanilla soft serve tasted mellower and had a more delicate finish than what you'd find at the grocery store. I also liked that I could taste the icing bits in the Oreos.
But I probably wouldn't order this one again unless I was on the go and craving something familiar. For the price, I would rather purchase a pint of high-quality cookies-and-cream ice cream from the grocery store.
Ultimate Cookie Blizzard
Ultimate Cookie Blizzard.
Savanna Swain-Wilson
Introduced in 2024 as June's Blizzard of the Month, this Ultimate Cookie Blizzard is made for people who appreciate lots of texture.
Featuring a blend of vanilla soft serve and Nabisco's finest — Chips Ahoy, Oreos, and Nutter Butters — every spoonful from start to finish contained some bit of cookie chunk. Yum!
Sadly, The Chips Ahoy were barely detectable under the flavor from the Nutter Butter and rich cocoa notes coming from the Oreos. I'm not complaining because it's all tasty, but I wouldn't call this as memorable or impressive as the Oreo brookie Blizzard.
Choco Brownie Extreme Blizzard
Choco Brownie Extreme Blizzard.
Savanna Swain-Wilson for Insider
As a chocolate lover, I was surprised that I didn't like this one as much as I'd hoped. This Blizzard is proof that there can be too much of a good thing.
This comes with brownie pieces, chocolate fudge, and chocolate chunks. I enjoy all those things individually, but it's almost too much when they're all packed together in an 8-ounce cup.
It was clear to me that the chewy brownie chunks were the star of the show, and the other two chocolaty components didn't add much. The brownies were so fudgy that they blended together with the fudge chunks, too. Part of me feels like the fudge chunks were thrown in just to give this Blizzard its "extreme" name.
The kicker of this dessert is that it came with vanilla ice cream — not chocolate — but I honestly couldn't taste it underneath all of the toppings.
Butterfinger Blizzard
Butterfinger Blizzard.
Savanna Swain-Wilson for Insider
This Blizzard consists of vanilla soft serve and a generous amount of nutty, scrumptious Butterfinger bits. I immediately noticed the little orange bits sticking out from the creamy soft serve, so everything looked like it had been mixed well.
Taste-wise, this blizzard was good but not incredible. The candy bar (or bars?). was ground incredibly fine, which allowed the nutty flavor to blend seamlessly into the soft serve.
However, I felt the candy's chocolate coating got completely lost in the mixing process. That wasn't a dealbreaker, but I still wouldn't call this Blizzard my favorite.
Snickers Blizzard
Snickers Blizzard.
Savanna Swain-Wilson for Insider
The symphony of textures makes Snickers one of the US's most beloved candy bars, and the same holds true when it's paired with delicious vanilla soft serve.
Yummy chocolate, smooth caramel, and crunchy peanuts gave this one a pleasant blend of different flavors and without overpowering the ice cream itself.
Of the candy-themed Blizzards I tried, this was one of the better ones.
Brownie batter Blizzard
Brownie batter Blizzard.
Savanna Swain-Wilson for Insider
Don't ever try to tell me that brownie flavor and brownie-batter flavor are the same thing — they're not. This Blizzard is evidence of that, as it had an almost malted flavor to it, which made it slightly sweeter than other chocolate ones. I absolutely loved it.
This tasted like someone froze a bowl of brownie batter. Even better, DQ was not skimpy about the brownie chunks. I got a bit of chewy, fudgy brownie in every single bite down to the bottom of the cup. They also didn't fall into the trap of having a weird grainy taste to them.
Reese's peanut-butter cup Blizzard
Reese's peanut-butter cup Blizzard.
Savanna Swain-Wilson for Insider
As advertised, this Blizzard came with vanilla soft serve and noticeable chunks of Reese's peanut butter cups. This made me happy because it meant it contained actual chocolate, not Reese's Pieces, which taste like pure peanut butter to me.
As expected, everything tasted great. The Reese's chunks had that familiar melt-in-your-mouth flavor that I know and love. However, the further I got into my Blizzard, the fewer peanut butter cups there were, and the less enjoyable it became.
Still, if I had to choose a candy-themed Blizzard, I'd probably order this one again over some of the others.
Peanut-butter puppy chow Blizzard
Peanut-butter puppy chow Blizzard
Savanna Swain-Wilson
Puppy chow — or "muddy buddies" depending on where you grew up — is a common snack at many a childhood sleepover, movie night, holiday party, or school event. It's a treat made using basic cereal like Chex, melted chocolate, peanut butter, and powdered sugar.
I'm not surprised Dairy Queen turned it into a mix-in. Still, I wasn't blown away by this flavor.
It was tasty, and the peanut-butter flavor came through nicely on each bite. However, in my order, the few squares of puppy chow in the mix were clumped toward the bottom. Luckily, when I did eat a piece, it was delicious and nicely softened under the weight of the ice cream while still retaining a slight crispiness.
The pieces also added a subtle bit of salt that's missing with the Reese's Blizzard.
Oreo fudge brownie Blizzard
Oreo fudge brownie Blizzard.
Savanna Swain-Wilson for Insider
Like the chain's traditional Oreo Blizzard, this comes with vanilla soft serve and chewy bits of Oreo cookies. The only difference is that this takes it to the next level by adding globs of yummy, fudgy brownies to the mixture.
This was good but it wasn't much of a standout to me because it seemed like the Oreos were reduced to the background.
The brownies dominated the entire dessert, which wasn't a problem for me as a chocolate lover, but it made me question whether the Oreos needed to be there.
Turtle pecan cluster Blizzard
Turtle pecan cluster Blizzard.
Savanna Swain-Wilson for Insider
The blend of buttery pecans, caramel, and vanilla on this Blizzard was absolutely divine. I also liked that my order contained pieces of whole pecans.
But I found the chocolate fudge shavings to be unnecessary because they weren't noticeable at all. If you didn't tell me they were in there, I would assume they weren't.
That said, this Blizzard earns high marks for its uniqueness and great taste.
Caramel Drumstick with peanuts Blizzard
Caramel Drumstick Blizzard with peanuts.
Savanna Swain-Wilson
You may be thinking "Wait a second, Dairy Queen has always had a Drumstick Blizzard with peanuts." Correct. But this one is different. This one has all that and caramel.
The addition is very subtle — visually, it looks no different from the other Drumstick Blizzard. But as soon as I took that first bite, it was clear this was a huge step above the original.
The caramel topping was blended seamlessly into the ice cream, offering a touch of yummy sweetness that paired incredibly well with the peanuts and chocolaty drumstick pieces.
In all, it's a wonderful combination of slightly salty, sweet, and nutty flavors.
People who are hoping to get huge globs of gooey caramel might be disappointed. But if you want something that's delicious and sweet but not quite as intense as some of the candy-flavored Blizzards, this will hit the spot.
Oreo brookie Blizzard
Oreo brookie Blizzard.
Savanna Swain-Wilson
Just when you think DQ hasn't done enough with Oreo, the chain adds tiny, dime-sized chunks of brownie-and-chocolate-chip-cookie hybrids. The more cookies, the better.
Upon the first spoonful, I thought this Blizzard tasted like a typical cookies-and-cream one. But once I got a piece of the brookie, I understood why this was so special. The brookie pieces brought a yummy, fudgy chewiness that was absolutely delightful in contrast to the slightly crunchy Oreos.
The chocolate-chip-cookie component brought in a buttery sweetness that popped against the vanilla ice cream. It was kind of like eating chocolate-chip-cookie dough and cookies-and-cream ice cream with brownie chunks all at once. It was delicious.
Even though the chocolate was the standout flavor here, I didn't find it as intensely cocoa-flavored as the Oreo brownie Blizzard. Since the chunks of brookie are smaller than a coin, they didn't really overpower the Oreo flavor.
In all, this is a winner.
Oreo cheesecake Blizzard
Oreo cheesecake Blizzard.
Savanna Swain-Wilson for Insider
Much like the cheesecake Blizzard, this came with a decent amount of cheesecake chunks. The only difference is that this one's also mixed with Oreo cookies.
I accidentally ordered this with chocolate ice cream instead of vanilla but, even so, it tasted the same as the chain's vanilla soft serve but with a hint of chocolate syrup.
In my opinion, this is a great option for the cheesecake lover who also wants a little bit of chocolate. The ratio between the two ingredients was fairly even, which meant no one taste dominated the other. In fact, they enhanced each other. The cocoa in the Oreos popped each time I got a bite of them with the creamy cheesecake.
The dough bits in this Blizzard were just the right size and, best of all, there were so many of them. This Blizzard was heaven with a great ratio of ice cream to cookie dough.
The chocolate fudge really made this Blizzard standout from standard, store-bought cookie dough ice cream from the grocery store. The fudge made the ice cream chocolaty, which brought out the sweetness of the doughy bits. It was a nice change from the chocolate-chip ice cream cookie dough's usually paired with.
Here, the ice cream had a nice, delicate minty flavor that tasted like a dead ringer for the iconic cookie. The use of vanilla soft serve with mint swirled into it lends to a pleasant, refreshing sweetness that prevents this from tasting like a cup of toothpaste.
The bits of Thin Mint cookies were basically the cherry on top here: perfectly chewy, with their smooth chocolate flavor dancing on the creamy, cool vanilla-mint swirl.
This ended up being one of my favorite Blizzards. The addition of a fudgy chocolate swirl is the only thing that could make this even better.
Raspberry Fudge Bliss Blizzard
Raspberry Fudge Bliss Blizzard.
Savanna Swain-Wilson for Insider
My initial thought on seeing this Blizzard was that it seemed the most "adult" to me because it's the only one with actual fruit in it.
By far, the best part of this Blizzard was the fresh raspberries. They added a layer of tartness that counteracted the intensity of the chocolate-fudge chunks.
I just wish there were more of them in the Blizzard because once I got a quarter of the way in, all that I tasted was vanilla and chocolate.
Frosted animal cookie Blizzard
Frosted animal cookie Blizzard.
Savanna Swain-Wilson for Insider
This Blizzard has the perfect level of sweetness. The small amount of frosting on the animal cookies gave it just a hint of that sugary taste without being too much.
The cookies also had a nice chewiness to them and they stood up well to the ice cream without getting soggy.
Best of all, after a few bites, the colorful icing and sprinkles on the cookies melted into the soft serve, which made the entire thing taste like a delicious confetti cake.
Royal New York Cheesecake Blizzard
Royal New York Cheesecake Blizzard.
Savanna Swain-Wilson for Insider
I'm always a fan of a good dessert within a dessert when it's executed well — fortunately, this Blizzard was a hit.
The creamy cheesecake chunks made for a superb mix-in for Dairy Queen's soft serve: They had a slightly chewy yet smooth texture that stood up well to the ice cream. I also found that they had a pleasant, sweet flavor that didn't taste artificial or overly sugary.
But it was the strawberry mixture in the center that seriously elevated this Blizzard. As soon as I got to the core, strawberry flavor began to seep into every corner of the cup, giving every subsequent bite a burst of berry flavor.
S'mores Blizzard
S'mores Blizzard.
Savanna Swain-Wilson
When two classics come together, you're bound to end up with something delicious. That's exactly what happened with the s'mores Blizzard, which is why it was my absolute favorite.
Unlike the Royal Rocky Road, which was overpowered by marshmallow, and Chocolate Brownie Extreme, which was too chocolaty, the s'mores Blizzard had just the right amount of everything.
Instead of mini marshmallows, which can easily turn rubbery when cold, it has chocolate chunks that contain marshmallow filling. It also has graham-cracker pieces and graham-cracker dust that courses throughout the entire Blizzard, causing the ice cream to adopt that irresistible, toasty flavor.
Because of the graham-cracker dust, every bite tastes like a s'more. In other words, this Blizzard is the perfect summer treat, and I can't wait to order it again soon.
This story was originally published on August 17, 2020, and most recently updated on June 13, 2024.
Iger is believed to be richer than the Disney heir, Abigail Disney.
Valerie Macron/Getty Images
Bob Iger has been heading one of the world's largest entertainment companies for nearly two decades.
The House of Mouse boss stepped down as Disney CEO in February 2020 only to return in 2022.
Here's a look at his wealth, spending, and career, from a lowly position at ABC to Disney CEO.
Bob Iger now has something money can't buy: the title of Honorary Knight.
He was given the title Knight Commander of the Most Excellent Order of the British Empire in a ceremony led by Prince William last week, following an announcement in 2022 that Iger would receive the honorary knighthood.
Perhaps most important on his résumé, though, is his tenure as the CEO of Disney.
Iger started his entertainment career in 1974 as a studio supervisor at ABC and climbed up the show business ranks to lead one of the most powerful businesses in the world.
Though he retired as CEO in 2020, Bob Iger returned to the role in a shocking shakeup two years later. Iger had stepped down as CEO in February 2020 but stayed on as executive chairman until December 2021, when he retired, albeit ultimately briefly.
Iger has amassed a sizeable personal fortune across his 15 years and counting as CEO.
Forbes reported in 2019 that Iger had a net worth of $690 million, which is thought to be higher than that of Disney heiress Abigail Disney, who said that year that she's worth about $120 million. Iger, meanwhile, received $31.6 million in total compensation in 2023, or 595 times what the median Disney employee makes.
Here's what we know about Iger's life and career rise, including how he makes and spends his multimillion-dollar fortune:
Iger was born Robert Allen Iger in Brooklyn, New York, and raised in the small town of Oceanside, New York.
Circled is Bob Iger, who graduated from Oceanside High School in 1969.
Oceanside High School
"I am very lucky," Iger told Laurene Powell Jobs at The Atlantic Festival in Washington in 2019. "I was a lower middle class kid or middle class. My father had manic depression so he had trouble holding a job. I started as a $150-a-week employee at ABC 45 years ago and rose up to be CEO of this company. It is a great story, but it is not necessarily because I was extraordinary."
He attended Ithaca College where he graduated magna cum lade in 1973 with a degree in Television and Radio.
In 1974, Iger joined ABC, working in New York City. He wrote in his memoir "The Ride of a Lifetime" that he did "menial labor" for basically every show ABC produced out of Manhattan at the time.
Iger got started at ABC through an unlikely connection.
Getty/Michael Tullberg
Iger wrote in his book that he got his first job at ABC because of his uncle, who was in the hospital for eye surgery. His uncle was in the room next to someone who claimed to be a top executive at ABC, who said he would give the younger Iger a job.
Iger took the "top executive" up on his offer, though he quickly realized that the person was not a "top executive" but instead a lower-level one. Still, the person ran a small department at ABC known as Production Services and was able to secure Iger an interview with the department.
But after a confrontation with his boss, Iger was almost fired and forced to look for a new job. Soon after, he moved over to a position at ABC Sports.
Iger moved to ABC Sports after a confrontation with a boss.
Photo by Walt Disney Television via Getty Images
Iger has said that one of his bosses accused Iger of spreading rumors about him, causing the young Iger to almost be fired.
"He told me I wasn't promotable and I had two weeks to find another job somewhere in the company or I was gone," Iger recalled at the UCLA Awards Gala in 2013. "Fortunately, I was able to find another job in the company. They didn't think I wasn't promotable, I guess."
He worked his way up the ABC Sports ladder, working closely with Roone Arledge, "a relentless perfectionist," who was the head of ABC Sports at the time.
Iger, right, credits Roone Arledge, left, with teaching him a mantra of "Innovate or die."
BOB STRONG/AFP via Getty Images
Iger wrote in his book that Arledge was the person who taught him the mantra which would follow Iger for the rest of his life: "Innovate or die."
Iger went on to become the vice president of ABC Sports.
Iger climbed the ladder at ABC Sports to become vice president.
Photo by Jim Smeal/Ron Galella Collection via Getty Images
ABC was later sold to Capital Cities Communications for $3.5 billion in a deal finalized in 1986.
Shortly after, Tom Murphy and Dan Burke — the heads of Capital Cities/ABC — tapped Iger to become the head of ABC Entertainment, and Iger moved to Los Angeles.
Dan Burke (left) and Tom Murphy (right) wanted Iger to lead ABC Entertainment.
Photo by Steve Fenn/Walt Disney Television via Getty Images
Iger wrote in his memoir that the constant traveling put strain on his first marriage, to Kathleen Susan. Eventually, the two divorced. They have two daughters.
While at the helm of ABC Entertainment, Iger was the one who took a chance and put David Lynch's "Twin Peaks" on air.
Though "Twin Peaks" was cancelled after two seasons, Iger said taking a chance on it paid off in different ways.
Photo by Walt Disney Television via Getty Images Photo Archives/Walt Disney Television via Getty Images
The critically-acclaimed series was cancelled after two seasons, but Iger wrote in his book that the risk he took putting it on television caught the attention of other famed directors such as Steven Spielberg and George Lucas.
In 1993, Iger became president of ABC Network's Television Group.
Iger succeeded Dan Burke as president.
Photo by Paul Hawthorne/Getty Images
When Burke retired, Iger was tapped to replace him as president and COO of Capital Cities/ABC.
In 1995, Iger married journalist Willow Bay who, at the time, was a stand-in weekend news anchor on Good Morning America, and was poised to take over for then-full time host Joan Lunden.
At that time, he wrote in his memoir, he had been commuting weekly to Los Angeles to meet his new Disney colleagues. He knew that after the acquisition was approved, he and Bay would not have much time to honeymoon. So, they quickly married later that same year.
"Willow and I also knew we'd have no chance for a honeymoon once the deal closed," he wrote. "We radically shortened our engagement and got married in early October 1995."
In 1996, The Walt Disney Company bought Capital Cities/ABC for $19 billion, and renamed it ABC, Inc.
Then-chairman and CEO of Disney Michael Eisner (left) and then-chairman and CEO of Capital Cities/ABC Tom Murphy (right) shake hands after a joint news conference where the two announced the $19 billion merger of their entertainment and media companies.
BOB STRONG/AFP via Getty Images
Iger wrote in his memoir that he heavily considered walking away from Disney at this point. But as part of the Disney-ABC merger, Iger agreed to run a media division at Disney for five years.
In 1999, Iger became the president of Disney International, the business division overseeing Disney's global operations. A year later, he was tapped to become the COO of Disney, working directly under then-CEO Michael Eisner.
Eisner, right, was CEO from 1984 to 2005.
Photo by Kevin Winter/Getty Images
Forbes reported that between 1994 and 1999, Eisner made $631 million. In the year 1997 alone, Eisner reportedly made more than $550 million. Over the years, Eisner invested his Disney money and became a billionaire by 2008 — perhaps predicting a financial path Iger may follow.
In the early 2000s, tensions began to brew between Eisner and Disney heir Roy E. Disney. After Eisner stepped down, Iger became the CEO of the Walt Disney Company in 2005.
Iger became CEO in 2005.
Photo by Chris Farina/Corbis via Getty Images
Iger wrote in his book that, despite being the COO and thereby second in command behind Eisner, his promotion to CEO was not a guarantee. If anything, he wrote, many had associated him with the turbulence of Eisner's era and wanted an outsider for the job. Iger said he campaigned for months until he was officially named CEO in 2005.
Forbes reported in 2019 that in his first year as CEO, Iger made $22 million, a salary which did not include the stock options worth $2.9 million.
One of Iger's first major moves as CEO was to rebuild Disney's relationship with Pixar. At the time, the relationship between Disney and Pixar was strained, and Iger felt the future of Disney Animation relied on repairing it.
Edwin Catmull (left), former president of Walt Disney Animation Studios and Pixar Animation Studios, with Iger (right).
Photo by Alberto E. Rodriguez/WireImage/Getty Images
Before he officially became the CEO of Disney, he called to inform Steve Jobs — who was the majority shareholder in Pixar — that he was being appointed CEO and shared his hope they could discuss working together in the future. From there, the two began to slowly work on repairing the fraught relationship between the two companies.
Iger wrote in his memoir that he felt Disney needed Pixar to help enter the future of animation. Pixar at the time was using technologies to produce content that had never been seen before, Iger wrote in his book.
In 2006, Disney announced that it would acquire Pixar for $7.4 billion, making Jobs, the majority shareholder in Pixar at the time, the majority shareholder in Disney.
Iger and Steve Jobs, right, were friends before Jobs passed in 2011.
In 2009, Iger led Disney's acquisition of Marvel for $4 billion. This gave Disney access to the Marvel comic book library, which was the beginning of the now multibillion-dollar, box office record-breaking Marvel Cinematic Universe.
Iger and actress Lupita Nyong'o attend the premiere of Disney and Marvel's "Black Panther."
Still looking to help Disney expand into the future, in 2012, Iger led Disney's acquisition of Lucasfilm for $4.05 billion. This gave Disney control of not just the Star Wars franchise, but also the Indiana Jones franchise.
Iger said George Lucas, left, was initially hesitant on the deal.
Allen J. Schaben/Los Angeles Times via Getty Images
Iger said that he knew Lucas was nervous to sell Lucasfim to Disney — mostly because the "Star Wars" creator knew he would be selling his legacy along with it. But eventually, Lucas warmed up to the idea.
The company's acquisition spree continued in 2018, when Disney agreed to buy 21st Century Fox. At the time, Fox was owned by billionaire Rupert Murdoch who, after the sale, became one of the largest shareholders in Disney.
Rupert Murdoch with his sons Lachlan Murdoch (left) and James Murdoch (right).
Photo by Max Mumby/Indigo/Getty Images
Forbes reported in 2019 that, if Murdoch were to cash in all stock available to him from the Disney deal, he'd own about $10.5 billion worth of Disney stock. In addition, Variety reported that collectively, the Murdoch family members were "the largest individual shareholders in Disney."
Iger wrote in his memoir that Murdoch selling the company he had built from scratch was an indicator that the "disruption" threatening the entertainment industry was now inevitable.
"As [Rupert Murdoch] pondered the future of his company in such a disrupted world, he concluded the smartest thing to do was to sell and give his shareholders and his family a chance to convert its 21st Century Fox stock into Disney stock, believing we were better positioned to withstand the change and, combined, we'd be even stronger," Iger wrote in his book.
In March 2019, the merger between 21st Century Fox and Disney was completed, with a price tag of $71.3 billion.
Peter Rice (L), former president of 21st Century Fox, and Iger (R).
Photo by Presley Ann/Getty Images
This move made Disney the second-largest media company in the world at the time, Forbes reported.
That year, Iger was also named Time's businessperson of the year.
Time in 2019 called Iger "unassailable."
Josh Hallet via Flickr
"In a year when the tide has shifted against Big Business, Big Media and Big Tech, Iger has transformed his enormous media company into a gargantuan media and tech business while ensuring that the Walt Disney Co.'s products remain widely beloved," Belinda Luscombe wrote in Time's profile of him. "But for now, for just this moment, Iger is unassailable. He's transformed his company from a stuffy media doyen into a sexy cultural force."
In 2020, Iger — along with Seth MacFarlane and Cicely Tyson, among several others — was inducted into the Television Academy Hall of Fame.
Iger is an honoree of the Television Academy Hall of Fame.
Jordan Strauss/Invision/AP
Other inductees that year included the likes of Seth MacFarlane and Cicely Tyson.
In February 2020, Disney announced that Iger would step down as CEO and assume the role of executive chairman until his contract expired on December 31, 2021.
Iger stayed on as executive chairman after departing the CEO role.
Jeff Kravitz/FilmMagic / Getty Images
Iger was replaced by Bob Chapek, former chairman of Disney Parks, Experiences and Product. Iger would forgo his entire salary for the year, and Chapek would similarly take a 50% salary cut amid potential multibillion-dollar revenue losses due to the coronavirus pandemic, Business Insider's Ashley Rodriguez reported.
After a short-lived retirement, Bob Iger returned to Disney.
Iger returned to the CEO role in 2022.
Jesse Grant/Getty Images for Disney
In November 2022, Disney made the shocking announcement that Iger was back to lead the company for two years, during which he'd work with the board to find a successor.
However, Disney's board in 2023 voted to extend his contract to the end of 2026.
In 2019, he had a net worth of $690 million, per Forbes' estimates.
Iger is believed to have a greater net worth than Abigail Disney, grand-niece of Walt Disney.
In March 2020, it was announced that Iger would forgo his salary for the year, as Disney dealt with presumed multibillion-dollar losses due to the coronavirus pandemic and subsequent shutdowns. His base salary was $3 million in the previous fiscal year and he made $47.5 million in total compensation.
Iger is known among peers for being a very kind leader and has been praised by his contemporaries for the way he has handled the mergers of Pixar, Marvel, and Lucasfilm.
Iger is well-liked by many peers.
AP
During his first stint as CEO, Iger grew Disney's profits 335% to $260 billion, Business Insider reported.
"Literally, I have never heard one person say a bad thing about him and I have never seen him be mean," billionaire David Geffen told The New York Times in a profile on Iger. "To be honorable, decent, smart, successful, and a terrific guy is unusual anywhere. But it is most unusual in the entertainment business. He's in a category of one."
Iger's own increasing fortune has paralleled the rise in Disney's value over the years he's been at the helm.
Disney heiress Abigail Disney has criticized Iger's high compensation before.
Drew Angerer/Getty
Forbes reported that that Iger's fortune is split between his Disney shares "and cash or other investment from sales of Disney shares over the decades."
According to Forbes, Iger was compensated $65.6 million in 2018, which was 1,424 times the average Disney employee's salary. He had been given another $26.3 million in stock after he successfully closed the Disney-Fox merger and for agreeing to extend his contract until 2021. His initial compensation in 2018 was $39.3 million (not including stock rewards).
"I'm not arguing that Iger and others do not deserve bonuses. They do," Disney wrote. "They have led the company brilliantly. I am saying that the people who contribute to its success also deserve a share of the profits they have helped make happen."
Most recently, Iger received $31.6 million in total compensation in 2023, or 595 times what the median Disney employee makes.
As Iger is a very private person, not much is known about his spending.
Iger and Bay purchased a home from actress Michelle Pfeiffer.
Photo by Taylor Hill/Getty Images
He and his wife bought a home in Brentwood, California, in 2006 from actress Michelle Pfeiffer for about $19 million, the Orlando Sentinel reported that year.
The home reportedly was 7,500 square feet and had five bedrooms, nine bathrooms, a guest house, a tennis court, and a pool. As of a 2018 interview with Vogue, Iger was still living in Brentwood with his wife and their two children.
The Igers also previously owned an apartment on the Upper East Side of New York City. The property sold in 2018 for $18.75 million, Business Insider reported.
An interior shot of Iger's one-time Manhattan digs.
Courtesy of Stribling
The Igers' former home has a library, living room views of the Jacqueline Kennedy Onassis Reservoir in Central Park, and four bedrooms, including one master suite with two bathrooms and a walk-in closet.
Iger spends time — and likely money — maintaining his mental and physical health, about which he's notoriously rigorous. He told The New York Times that he wakes up at 4:15 every morning and doesn't touch his phone until he's finished with his morning exercise routine.
He has a 180-foot superyacht called Aquarius, which he wrote about in Vanity Fair in 2014.
He's also having another built, expected to be 30 feet longer, according to The Wall Street Journal.
When he's "off the clock," he travels. Iger is a regular attendee at the Allen & Company Sun Valley Conference in Sun Valley, Idaho. The media conference is a hub for entertainment and tech moguls.
Iger and Bay at the 2014 Allen & Co. Sun Valley Conference.
In 2019, Iger and his wife committed $1 million to launch the Iger-Bay Endowed Scholarship at Iger's alma mater, Ithaca College. The scholarship aims to boost diversity in the media industry.
Iger and Bay created a scholarship in their names at his alma mater, Ithaca College.
Iger also spends some of his fortune on vacations. Beyond their business dealings related to Disney and Pixar, Iger was also close personal friends with Jobs and has said the two would vacation together in nearby resorts in Hawaii.
Iger and Jobs were also friends outside of business.
Justin Sullivan/Getty Images
"We vacationed at adjacent Hawaiian hotels a few times and would meet and take long walks on the beach, talking about our wives and kids, about music, about Apple and Disney and the things we might still do together," he wrote in his book. "You don't expect to develop such close friendships late in life, but when I think back on my time as CEO — at the things I'm most grateful for and surprised by — my relationship with Steve is one of them."
According to The Hollywood Reporter, Iger has been seen on billionaire David Geffen's yacht. In August 2017, Iger was seen on the yacht with Oprah Winfrey, Diane von Furstenberg, and Diane Sawyer.
In his personal life, Iger has a set of A-list friends who have been known to rave about him. One of those friends is Winfrey, who has said that if Iger were to run for president, she would not just vote for him but eagerly campaign on his behalf.
Oprah Winfrey has said Iger should run for president.
Photo by Andrew Toth/Getty Images for Save The Children
"I'll tell you the truth, this is not really where I intended to be tonight," Winfrey said at the Centennial Awards, where Iger was being honored, in 2019. "I was hoping that by this time in early fall, I would be knocking on doors in Des Moines, wearing an 'Iger 2020' T-shirt. Because I really do believe that Bob Iger's guidance and decency is exactly what the country needs right now."
Iger is also close to Jeffrey Katzenberg, cofounder of Dreamworks and former chairman of Walt Disney Studios.
Dreamworks cofounder Jeffrey Katzenberg, right, also tried to convince Iger to run for president.
Iger and Katzenberg have been friends for years, and Katzenberg is among the group of people who tried to encourage the Disney CEO to run for president.
In his memoir, Iger admitted that he once considered running for president, but ultimately decided against it.
Iger considered but ultimately wasn't interested in pursuing the presidency.
Photo by Michael Loccisano/Getty Images
"I think the Democratic Party would brand me as just another rich guy who's out of touch with America who doesn't have any sense for what's good for the plight of the people," he told The New York Times in a 2019 profile.
Despite many people — including some major Hollywood players — urging him to run for president in late 2019, Iger publicly remained firm that he had no plans to pursue a presidential campaign.
Iger has also spent his free time involved in politics in the past. Shortly after Donald Trump was elected president, Iger joined Trump's Strategic and Policy Forum.
Iger was a member of Trump's Strategic and Policy Forum.
Photo by Mike Windle/Getty Images for Variety
Trump's Strategic and Policy Forum was a business council created to hear the perspectives of different leaders on how to improve job growth in the US.
But Iger stepped down from the role in 2017 after Trump announced the US would withdraw from the Paris Climate Agreement, Variety reported.
Iger resigned from the council after Trump withdrew the US from the Paris Agreement.
The council, which ultimately disbanded, also included JPMorgan Chase CEO Jamie Dimon, and Stephen A. Schwarzman, the cofounder of private equity firm Blackstone.
In September 2019, however, Iger did outline what would have been the central themes of his campaign, had he decided to run.
Iger has spoken about what he would've focused on in a hypothetical campaign for president.
Photo by Kimberly White/Getty Images for Vanity Fair
"America is gravely in need of optimism, of looking at the future and believing that so many things are going to be all right, or that we as a nation can attack some of the most critical problems of our day," Iger said at The Atlantic Festival in Washington in 2019. "And that could be the environment, that could be income disparity, that could be the technology's impact on the world from a disruption perspective. It could be the cost of education, availability of affordable housing, healthcare. You name it."
Martin Shkreli with attorney Benjamin Brafman in August 2017.
Drew Angerer/Getty Images
Martin Shkreli is being sued over claims he made and shared copies of a unique Wu-Tang Clan album.
Shkreli is accused of copying the album despite a purchase agreement banning its reproduction.
PleasrDAO is seeking damages and for Shkreli to surrender all copies and profits from the album.
"Pharma bro" Martin Shkreli has been accused in a lawsuit of making and sharing copies of a supposedly one-of-a-kind Wu-Tang Clan album before he sold it for $4.75 million.
According to court documents filed on Monday and seen by Business Insider, Shkreli boasted multiple times online about making copies of the album, claiming during one interview that he "burned the album and sent it to like, 50 different chicks."
"Do you know how many blowjobs that album got me?" he reportedly told the interviewer.
As a result, the album's current owner, the crypto collective PleasrDAO, says the famously unique cultural artifact is anything but that.
Only one copy of the landmark album — both its physical form and digital assets — was ever produced.
The artists said that the project was intended to make a comment about the impact of streaming and piracy on the value of music, The Guardian reported.
When Shkreli was convicted of securities fraud in 2017, a government forfeiture order forced him to give up the album, which PleasrDAO then bought for $4.75 million, along with its copyright and the rights to exploit it, the group says.
"The Album was supposed to constitute the sole existing copy of the record, music, data and files, and packaging," the group said in its lawsuit.
The Wu-Tang Clan album that was forfeited by Martin Shkreli, in a handout photo dated July 2021.
UNITED STATES MARSHALS SERVICE/Reuters
But it went on to describe multiple alleged examples of Shkreli either playing the album on livestreams or bragging about how many copies he has.
Shkreli did not immediately respond to multiple attempts to contact him for comment.
During one livestream, during which he is alleged to have played the album, Shkreli said, per the lawsuit: "Of course I made MP3 copies, they're like hidden in safes all around the world."
He reportedly added: "I'm not stupid. I don't buy something for two million dollars just so I can keep one copy."
In other comments cited in the lawsuit, Shkreli suggested he'd "sold" copies and that more than 5,000 people had copies.
According to the lawsuit, the album's original purchase agreement included an 88-year ban on "duplicating, replicating, or exploiting the Album for any reason other than for "exhibition or playing," in "spaces not customarily used as venues for large musical concerts."
The group argues that in playing and sharing the album, Shkreli breached the terms of the forfeiture order under which it was sold, which required him not to do anything that would diminish its value.
PleasrDAO is seeking unspecified damages exceeding $75,000, and wants Shkreli to declare and give up all copies he's kept, as well as disclosing any profits he's made in the process.
"Imagine thinking you can bind those "rights" on third parties," Shkreli wrote on X, in response to the lawsuit, mocking the notion that the group can "hunt down everyone who made copies of copies."
People look at the class frigate Admiral Gorshkov, part of the Russian naval detachment visiting Cuba, arriving at Havana's harbour, June 12, 2024.
YAMIL LAGE/AFP via Getty Images
One of the Russian warships docked in Cuba can carry Putin's prized hypersonic missiles.
Russian leadership has touted the Zircon as a fast, highly maneuverable, and unbeatable weapon.
The missile's actual capabilities are questionable, but Russian hypersonic missiles are a concern.
A Russian warship docked off the coast of Cuba can carry advanced strike capabilities, specifically new hypersonic missiles.
The Zircon scramjet-powered hypersonic cruise missiles, relatively new weapons in Moscow's arsenal, have been touted by the Kremlin as being unbeatable and unrivaled by any other system, though questions remain about their actual capabilities.
Russian navy frigate Admiral Gorshkov launching a Zircon hypersonic missile in White Sea, Russia, on July 19, 2021.
Russian Defense Ministry Press Service via AP, File
The visit and training are quite routine for Russia and Cuba. US officials have noted that they're monitoring the situation and don't anticipate any threat.
But the arrival of the Admiral Gorshkov, a first-in-class vessel commissioned in 2018 and the first ship to carry the Zircon, and the Kasan make the visit nonetheless notable. It is currently unclear if the frigate is carrying the missiles, as it also carries Kalibr cruise missiles.
The Zircon, sometimes spelled Tsirkon, was first tested on the Admiral Goshkov in October 2020. At the time, Russia's Defense Ministry said it flew at speeds of Mach 8 before hitting a target nearly 300 miles away. Subsequent testing has also occurred, and last year, the ship sailed into the Atlantic with the weapons on board.
The new weapon is capable of being used against targets on land and at sea.
Hypersonic missiles are fast, highly maneuverable, and fly unpredictable flight paths and patterns that can make intercepting them extremely difficult. The missiles fly low and can change direction in an instant, and their direction and altitude make them harder to track and kill than, for example, a ballistic missile on a parabolic flight path.
But while Putin has touted the Zircon's capabilities as unbeatable, unrivaled, and unlike any other weapon in the arsenals of the world's militaries, it remains to be seen if it can actually live up to those grand claims. Other Russian weapons haven't.
Experts have said that although the missile shouldn't be underestimated, its ability to travel at blinding speeds and hit moving targets, as Putin has claimed, may not be entirely true.
Russian navy frigate Admiral Gorshkov docked in the port in Richards Bay, South Africa on February 22, 2023.
GUILLEM SARTORIO/AFP via Getty Images
Along with Russia, China has also developed a hypersonic missile, designated the DF-ZF, which it claims can travel five times the speed of sound and hit targets at a distance of 3,400 miles.
Tim Cook talks about his legacy with Marques Brownlee.
Marques Brownlee
Tim Cook discusses his legacy in an interview with tech YouTuber Marques Brownlee.
Cook says that, like Apple, he's more focused on looking forward than back.
The Apple CEO, who took over for Steve Jobs in 2011, said any legacy is for others to decide.
Steve Jobs famously said he wanted to "put a ding in the universe," and many would argue bringing the iPhone to market did just that.
So what will be the legacy of his successor, Tim Cook?
The Apple CEO said he hasn't given it much thought — and it's for others to decide.
Cook spoke to tech YouTube Marques Brownlee in an interview released Wednesday, saying that "legacy is something that is defined by other people."
While he's content with letting the public determine his own, Cook said his focus is looking forward, not dwelling on the past. This mirrors Apple's ethos, he said, especially amid its recent major announcements at WWDC 2024 earlier this week.
"You won't find a museum here," Cook said. "We would have lots of things that you might like to see and reminisce about, but we just don't."
And Apple doesn't have much time to reminisce — it's been playing catch-up in the AI arms race in recent years since the launch of ChatGPT.
But the wait to see what Cook had up his sleeve is over, now that Apple introduced Apple Intelligence, its suite of generative AI tools baked into the operating systems of its most popular devices.
For Apple, it could mark the beginning of a new era, and how Cook navigates the AI race could impact his legacy.
He's also overseen the launch of the Apple Watch and AirPods, growing sales from Apple's wearables business to the size of a Fortune 200 company, and built up Apple's services business with the launch of Apple TV+.
Most recently, he introduced Apple's first major new product category since the Watch: the Vision Pro. Apple is betting "spatial computing" is the future, and with the long-rumored Apple car project reportedly scrapped, the Vision Pro is "one of his last big swings as Apple CEO and will affect his legacy," Bloomberg's Mark Gurman wrote last year.
It's not clear when Cook will end his tenure at Apple, but he's said the company has a succession plan in place and in 2021 predicted he wouldn't still be CEO in 10 years. Last year, he told Dua Lipa in an interview that he doesn't plan on stepping down anytime soon, but that he wants his successor to come from inside Apple.
Cook acknowledged in the interview with Brownlee that, eventually, his time would come.
"At some point, there will be another CEO," Cook said. "And my whole focus in life will be on making them successful."
Ford dealers will no longer be required to invest in certification to get EVs on their lot, opening battery-electric sales to Ford's entire dealership network — a move Gjaja said is designed to grow Ford's EV sales.
The program, first announced in September 2022, asked dealers to spend between $500,000 and $1.2 million to become "EV Certified." The steep price included expensive DC fast-chargers for dealer lots to double as charging locations and EV training for staff.
This rigorous buy-in program was built on optimistic EV sales forecasts that dealers would make back their investments as electric-car popularity increased. But a lot has changed in the US EV market since the fall of 2022, and growth in the segment hasn't played out as Ford initially expected, Gjaja said.
EV sales have slowed down in the past year. They are still on the rise but at a slower rate than the boom in growth that happened between 2020 and 2022. With wealthy early adopters largely sated, car companies are now trying to entice a new group of EV shoppers who are more frugal and practical.
Even before this slowdown in EV sales, many Ford dealers were unhappy with the high price of entry for selling electric cars. Several dealer associations filed lawsuits related to the program. In one case, an Illinois board ruled in favor of the dealers' claim that Ford's EV certification program violated state laws.
As of December of last year, a little more than half of Ford's nearly 3,000 US dealers had opted out of the EV investment requirements, an early sign that the program had backfired.
Ford's dealers will still need to make some investments to support EV sales on their lots, but they will no longer be held to the minimum $500,000 investment.
Jim Chanos warned market speculation is approaching the absurd excesses of 2021.
The short seller flagged the resurgence of meme stocks like GameStop and SPACs as dangerous trends.
The longtime Tesla bear said the company should honor Elon Musk's mammoth compensation deal.
Jim Chanos clanged the alarm on market mania — and called for Elon Musk to receive his contested mammoth pay package.
The famed short-seller and Tesla bear told Bloomberg on Wednesday that 2021 was the "most speculative market" he'd seen in four decades of investing — and "we're getting back to that."
"Not quite there, but it's close," Chanos continued. He pointed to the resurgence of meme stocks such as GameStop, special-purpose acquisition vehicles (SPACs) and the "absolutely insane valuations" of some restaurant chains.
The Chanos & Co boss is best known for rooting out fraud at companies including Enron and Wirecard, then betting against them. But he's since converted his hedge fund into a family office after several years of underperformance.
The Wall Street veteran warned retail investors against blindly following the crowd and buying the latest hot asset with no fundamentals to support its sky-high valuation. He emphasized that kind of FOMO-style trading was a "disaster" for them in 2021.
While Chanos has repeatedly bet against Tesla, he said the EV maker should honor Musk's compensation deal from 2018 as the CEO hit all his performance targets.
Several Tesla investors have blasted the payout as excessive and sued to stop it, and the result of a shareholder vote on the package was due Thursday.
"Even though I'm a bear on Tesla, I think a deal's a deal even if it's a bad deal, and they agreed to it," Chanos said. He added that while he's "not a big fan of Elon," that doesn't change the fact that Musk achieved the goals he was set.
However, Chanos did underscore that the deal was "very expensive" for shareholders and exceeded all the retained earnings Tesla has ever generated. He also questioned what Musk could demand next if he does get his way.
A staff member welcomes guests at a Hong Kong investor showcase for the Saudi Arabia mega-project Neom at the M+ museum for visual culture in Hong Kong on April 19, 2024.
HOLMES CHAN via Getty Images
Saudi Arabia is seeking investment for its Neom megacity project from China.
In recent years, China has signed various tech deals with Saudi Arabia.
But the US is warning of consequences if the Saudis draw too close to China.
At a recent exhibition in Hong Kong, Saudi Arabia showcased its futuristic vision for its planned Neom megacity.
Among the exhibits were designs for The Line, a sprawling residential structure consisting of two skyscrapers that were originally intended to house nine million people.
It also showcased plans for a network of underground tunnels that residents could use to travel between different regions and a desert ski resort in the mountains.
It was part of Saudi Arabia's drive to secure billions in new investment for the project, which is the centerpiece of Saudi ruler Mohammed bin Salman's Vision 2030 strategy.
Vision 2030 is meant to reorient the kingdom's economy away from fossil fuels and toward innovation and technology.
But the vast scale and cost of the project, which reports say could spiral to more than a trillion dollars, is posing difficulties even for Saudi Arabia, despite its reserves of oil wealth.
Chinese President Xi Jinping holds talks with Saudi Crown Prince and Prime Minister Mohammed bin Salman Al Saud at the royal palace in Riyadh, Saudi Arabia, Dec. 8, 2022.
Yue Yuewei/Xinhua via Getty Images
A growing alliance
The exhibition helped make Neom "less mysterious," but reactions were "mostly neutral," Leonard Chan, chair of the Hong Kong Innovative Technology Development Association, told AFP.
There remain hopes in Saudi Arabia, however, that China will invest billions in the project.
One of the main areas of recent cooperation between the states has been technology, with Saudi Arabia working with China on AI and surveillance tech projects as it seeks to transform itself into a tech superpower.
Robert Mogielnicki, an analyst at the Arab Gulf States Institute in Washington, told Business Insider that Chinese investors likely see opportunities in Neom in sectors including construction, renewable energy, telecommunications, and smart city-related services.
"Chinese economic actors interested in Neom likely see a longer-term project pipeline with various opportunities to generate profits," said Mogielnicki.
But it's an alliance of growing concern to Saudi Arabia's main geopolitical ally, the US.
Sunset reflection on Riyadh Tower, Saudi Arabia.
Abdullah Al-Eisa via Getty Images
A shared authoritarian vision
One of the main tools China's leader Xi Jinping is using to broker alliances globally, particularly with nations ambivalent about the West's insistence on human rights, is the prospect of access to China's sophisticated surveillance technology.
China has developed AI-enabled face recognition software that allows officials to monitor citizens in real time and access data on aspects of their private lives, including health, employment, and financial histories.
China sees Saudi Arabia as not just a business opportunity but a way of undercutting the influence of its longtime Saudi ally, the US.
In April, Saudi Arabia's Public Investment Fund-subsidiary Alat signed a deal with Dahua Technology, one of China's most important surveillance technology firms. The US has sanctioned Dahua Technology over national security concerns.
People walk below surveillance cameras in Tiananmen Square in Beijing on September 6, 2019.
GREG BAKER via Getty Images
The creation of surveillance cities
Unlike Western firms, which have policies to protect data, Chinese companies have fewer compunctions about sharing the information they collect, Camille Lons, an analyst at the European Council on Foreign Relations, told BI.
"Gulf countries are indeed significant clients of Chinese surveillance technologies," said Lons. "The fact that Chinese companies are more open to share the collected data than their Western counterparts makes them attractive partners to the Gulf states."
It's an aspect of China's involvement in Neom that's alarmed some critics.
Neom is being designed as a "smart city," whose services will be regulated by data collected from residents through smart phones or surveillance cameras. Last year, analysts told BI that data collected about Neom residents through Chinese technology could be used as part of a mass surveillance program.
"They're being marketed as 'eco cities' or 'smart cities,' we call them surveillance cities," said Fatafta, of cities such as Neom whose infrastructure uses Chinese data services and surveillance technology.
Saudi Arabian Crown Prince Mohammed bin Salman at a 2022 event discussing plans for the futuristic city of Neom.
NEOM.
But there are risks for the Saudis
Saudi Arabia's increasingly close ties with China are of growing concern to the US.
The Biden administration is seeking to broker a normalization of relations between Saudi Arabia and Israel and is offering the Saudis potential access to valuable nuclear technology. An alternative deal would offer the Saudis enhanced US security guarantees.
"The main risk today to Saudi Arabia's tech cooperation with China is the growing China-US tech war. The US is increasingly putting Riyadh under pressure over its cooperation with Chinese companies in the tech sector," said Lons.
The US is concerned that China could seek to exploit its relationship with Saudi Arabia to steal US tech secrets, with chips used to power AI systems among the areas of concern, The New York Times reported.
"US companies are now making clear that if Saudi Arabia wants to access advanced US technologies, it will need to make a choice and prove that it won't serve as a backdoor to China to access those technologies," said Lons.
But with Saudi Arabia reportedly considering scaling back some of its flagship Neom projects amid funding concerns, it will likely continue walking the tightrope between closer ties to China and potential US repercussions as it seeks to supercharge its Vision 2030 plans.
Miranda Derrick at the 2022 YouTube Streamy Awards, and a photo of Melanie Lee and Robert Shinn from "Dancing for the Devil: The 7M TikTok Cult."
Kevin Winter/Getty Images)
Netflix's "Dancing for the Devil" tells the story of TikTok dancers involved with a controversial church.
Pastor Robert Shinn signed the content creators to his management label, 7M Films Inc.
The company's roster includes Miranda Derrick, James "BDash" Derrick, and Vik White.
Netflix docuseries "Dancing for the Devil: The 7M TikTok Cult" introduces audiences to controversial pastor and talent manager Robert Shinn, whose Shekinah Church has been described as a cult.
The series starts by examining Shinn and his followers of the Los Angeles-based church from the perspective of Melanie Wilking, a dancer who believes that the organization brainwashed her sister, Miranda Derrick.
Derrick joined the church in 2021 and later signed with Shinn's talent management company, 7M Films Inc, which he started that year.
But while Derrick and her husband, James "BDash" Derrick, are still involved with Shekinah, other dancers have left the church.
The Netflix series paints a surprising picture of how content creators can potentially be taken advantage of while trying to build their brands and find success.
In 2022, a 7M representative denied all allegations of coercion in a statement to Business Insider, saying "at no point" has Shinn tried to isolate anybody.
Here are all the TikTok dancers who have been involved with 7M, Shekinah Church, and Shinn.
Melanie Wilking
Melanie Wilking in "Dancing for the Devil: The 7M TikTok Cult."
Netflix
Wilking spoke at length about her concerns about Shekinah Church in the first episode of the documentary, and said that she attended a few sermons with her sister.
She also recalled being invited last minute to a Sunday service by Shinn's daughter, Kloe Shinn.
Kloe Shinn asked Wilking to cancel her pre-arranged plans so that she could attend the service immediately.
"I just remember thinking, 'No! I'm not doing that.' I've gone to different churches growing up and no one is ever like 'You have to be here, now'" she explained. "After Kloe did that, I made up my mind that I was never going back."
Miranda Derrick
Miranda Derrick (née Wilking) at the Grammy Awards.
Amy Sussman/Getty Images
Much of the documentary explores the Wilking family's claims that Shinn and Shekinah Church have brainwashed Derrick. After its release, the dancer called the documentary "one-sided" in a statement on Instagram.
Following the release of the documentary, Melanie Wilking told her followers that she'll always be there for Derrick if she decides to leave the church. That suggests she is still part of the church.
"We believe that one day my sister and the other victims will realize their love for their families and faith was exploited," she said. "When that happens, we will be there for them without judgment."
James "BDash" Derrick
James Derrick and Miranda Derrick at "The Shift" Los Angeles premiere.
Michael Tullberg/Getty Images
It's unclear when James "BDash" Derrick and Miranda got married, but the couple posted photos of each other in wedding outfits in April 2024 after being together for two years.
They continue to make TikTok videos together so, although unconfirmed, it seems likely that Derrick is also still involved with Shekinah Church.
"Dancing for the Devil" features footage from TikTok and YouTube of Derrick's content, but like his wife, he does not personally appear in the documentary.
Aubrey Fisher
Aubrey Fisher in "Dancing for the Devil: The 7M TikTok Cult."
Netflix
Aubrey Fisher started attending services at Shekinah Church shortly before Shinn founded 7M Films in 2021.
In the documentary, he explained that the pastor was impressed that Fisher had a similar number of followers to BDash, and claimed that Shinn started the management company after their conversation.
Fisher left Shekinah and 7M in 2022 between May and July, but it's not clear when he and fellow TikTok dancer Kylie Douglas separated. Fisher continues to make dance videos on Instagram and TikTok, and also produces his own music.
Kylie Douglas in "Dancing for the Devil: The 7M TikTok Cult."
Netflix
In the second episode of the documentary, Douglas claimedthat Shinn created a culture of paranoia among his followers. She said that she felt she couldn't even fully share her thoughts with Fisher in case they somehow got back to Shinn.
As detailed in the series, she left the church with Fisher between May and July 2022, because of Shinn's worrying behavior and due to the allegations that Shekinah is a cult.
Douglas continues to work with her own dance company in Los Angeles, The Voltz.
Nick "RainO" Raiano joined Shekinah and 7M at the same time as Fisher and BDash in 2021. His parents are a big part of "Dancing for the Devil," and they said that he slowly cut contact with them after he joined the church.
When Raiano started to respond to texts again, his parents suspected that someone else at the church was writing the messages for him.
Since the documentary was released, Raiano has deleted his Instagram and TikTok accounts. His main YouTube channel has also disappeared, although his old account with one video is still available.
Kevin "Konkrete" Davis
Kevin "Konkrete" Davis in "Dancing for the Devil: The 7M TikTok Cult."
Netflix
Kevin "Konkrete" Davis partnered with BDash in 2018 and they auditioned together on talent shows including "America's Best Dance Crew" and "World of Dance," as seen in the documentary.
He and BDash joined Shekinah in 2021 after they worked with Shinn's son, videographer Isaiah Shinn.
Archive footage in the documentary shows that he left in July 2022 following the reports that Shekinah was a cult. Konkrete regularly makes krump dance videos on TikTok and Instagram, and also makes his own music.
After the documentary's release, he told his followers that he "appreciates all the support."
Ukrainian-born Vik White is mentioned in "Dancing for the Devil" as a member of Shekinah, but it isn't clear whether he also distanced himself from family and friends because of the church.
In 2024, he had a minor role alongside Nicholas Galitzine as Simon, a member of the August Moon boyband, in Amazon's "The Idea of You."
He continues to make content with the Derricks on TikTok and Instagram.
Ceasare "Tighteyex" Willis is signed with 7M, but isn't featured in "Dancing for the Devil." On June 7, he made a YouTube video about his work, where he also alluded to the documentary by promising to provide "real context" about the "stories that you hear."
Although he didn't mention anyone in particular, the video included footage from Konkrete's livestream where he was discussing Tighteyex.
Later in the video, Tighteyex cryptically said that people he knows are lying about him, seemingly referring to Konkrete.
He added: "If you are being slandered or people are talking about you or lying on you, it comes from people that you know.
Kendra "KO" Willis
Kendra "KO" Willis on YouTube.
Kendra "KO" Willis/YouTube
Kendra "KO" Willis is another dancer signed to 7M. She's married to Tighteyex. It's unclear whether the couple attends Shekinah Church, but she made a subtle dig at "Dancing for the Devil" on Instagram when promoting her own documentary.