Sign up for FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Jackson, along with his life partner Fran Walsh, own a managing 60% stake in Weta, according to New Zealand regulative filings. Unity, which is traded on the New York stock exchange, is paying a billion in cash, the rest in stock, which equates to about $600 million in money and $375 million in stock for Jackson, who also directed King Kong (2005) and the three Hobbit motion pictures (2012-14).
Forbes covers the crossway of entrepreneurship, wealth, technology, service and lifestyle with a focus on individuals and success.
Lord of the Rings director Peter Jacksons venture into visual impacts through his store Weta Digital has paid off big time. On Tuesday, Weta announced that a piece of its assets were being sold for $1.6 billion to Unity Software, which makes software application for videogames. Forbes conservatively estimates the offer officially makes Jackson a billionaire.
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Check out the complete story on Forbes: https://www.forbes.com/sites/lisettevoytko/2021/11/12/bilbo-bags-a-billion-lord-of-the-rings-director-peter-jackson-is-officially-a-billionaire/?sh=4d3f5ded12ca
Lord of the Rings director Peter Jacksons foray into visual effects through his store Weta Digital has actually paid off big time. Forbes conservatively estimates the deal officially makes Jackson a billionaire.