Thomas Tull’s profile picture

Thomas Tull

Thomas Tull’s profile picture
Net worth 2018: $1.19 Billion
Residence: Westlake Village, California
Country: United States
BirthDay: 9 June 1970
Sigh: Cancer
BIOGRAPHY

Thomas Tull was bornon 9 June 1970 in Westlake Village, California, United States. Thomas Tull is #1848 in List Billionaires People In The World. Thomas Tull is the founder of film production company Legendary Entertainment. His biggest hits have come from backing and co-producing the Dark Knight trilogy, the Hangover series, and 'Godzilla.' In January 2016, Tull sold the company to Chinese billionaire Wang Jianlin's Wanda Group for $3.5 billion. Tull stepped down as CEO of Legendary a year later to concentrate on his Tull Investment Group, which funds life science, media and technology companies such as Magic Leap, Pinterest, Heal and Zoox. Tull was born to a single mother in Binghamton, New York and grew up poor. After attending Hamilton College on a football scholarship, he started a chain of laundries and then purchased a string of tax-prep businesses before going into private equity. He raised $500 million from Wall Street and headed to Hollywood in 2005 to finance films. A sports fan, Tull has a minority stake in the Pittsburgh Steelers, owns an extensive collection of baseball memorabilia and is a backer of Derek Jeter's Players' Tribune site.

NET WORTH STATISTIC
2016

$1.1 Billion

2017

$1.1 Billion

2018

$1.19 Billion

TIMELINE
Thomas Tull (born 1970) is an American businessman and film producer. He is the former chairman of the board and chief executive officer (CEO) of Legendary Entertainment. His firm has produced and/or financed several major motion pictures, including The Dark Knight Trilogy, The Hangover and its sequels, 300, Man of Steel and others.Tull grew up in Endwell, New York, the son of a dental hygienist single mother. As a youth, Tull was an athlete, playing baseball and playing football, earning a football scholarship. Tull graduated from nearby Hamilton College in 1992. After college, Tull abandoned plans to become a lawyer and instead went into business, starting a chain of laundromats. Among his distinguishing innovations was different prices according to demand at different times of day. Tull went into the field of financing, buying and selling several tax and accounting offices. In the private equity business, Tull rose to President of Convex Group and later as the Chief of Operations of Tax Services of America. His firm invested in entertainment, where Tull began to learn the entertainment business. After discussing the potential of private equity with a film executive in 2003, Tull quit Convex, raising $600 million in equity to finance movies under the Legendary Pictures banner. The company entered into a partnership in 2005 with Warner Bros. to jointly finance and produce films. In 2009, Tull became the majority shareholder of Legendary, in a buyout of the original investors. The Warner deal was followed by a similar deal with Universal Studios in 2013. He also helped produce the film Blackhat.Tull describes himself as a "fanboy" of comics and several of the films produced by Legendary were personal favorites of Tull. Watchmen had been in "development hell" for years when Tull arranged to pick up the rights. 300 had been turned down by other studios. Tull also describes himself as a "gamer", and founded the short-lived Brash Entertainment to work on film-to-video game conversions.Tull is a member of the board of trustees for the American Film Institute, Carnegie Mellon University, and the San Diego Zoo. In 2009, Tull became a part-owner of the Pittsburgh Steelers football team. Tull had been a fan of the Steelers since age four, watching the Steelers take on the Minnesota Vikings in Super Bowl IX.Tull is a billionaire. He has donated US$1 million to Priorities USA Action, a Super PAC supporting Democratic presidential candidate Hillary Clinton.He resides in Thousand Oaks, California with his wife Alba and their children. On January 16, 2018, his home was listed for $85 million and is one of the largest private residences in the world.
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