President-elect Donald Trump praised former Marvel Entertainment chairman Isaac “Ike” Perlmutter on Monday night at an event at Mar-a-Lago club in Palm Beach, Florida.
“This man rose from extreme poverty to owning Disney,” President Trump told supporters at his South Florida estate. “Then he came out of Disney because Disney woke up. They didn’t want to wake Donald Duck, right?”
Disney laid off Perlmutter in 2023 after its Perlmutter division, which was separate from Marvel Studios, was absorbed into other parts of the company in cost-cutting measures. Earlier this year, Marvell sold all of his Disney stock (approximately 25.6 million shares) for approximately $3 billion, according to a report in the Wall Street Journal. Perlmutter said at the time that he expected Disney stock to continue to decline, and that he planned to buy back many of his previous holdings once the stock price fell to $65 to $75 per share, the Journal reported. He said that.
Perlmutter, who took control of Marvel Entertainment in the 1990s, sold it to the media conglomerate in 2009 for more than $4 billion and became a major shareholder in the Walt Disney Company. He was the chairman of Marvel Entertainment, and he argued with Marvel Studios chief Kevin over the production of “Black Panther” and “Captain Marvel,” believing that movies starring black or female characters would not be commercially successful.・He famously fought with Feige. But Disney CEO Bob Iger intervened and reversed Perlmutter’s statement.
Perlmutter was among the celebrities who attended President Trump’s Mar-a-Lago event on Monday night. Another notable attendee included actor Sylvester Stallone, who stood near Trump while the president-elect spoke about Perlmutter, as seen in a video circulating online. I was there.