Building it cost some $400 million. When the official opening day came, Walt Disney World Magic Kingdom held a big celebration and parade. More than 1,000 high school band members, drawn from schools all over Florida, marched and played.
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Costing approximately $400 million over 18 months, the entire project employed over 9,000 construction workers. Since that opening day, the park has experienced major renovations and new building projects.
In a 2-year construction effort, Disney employed 9,000 people. Land speculation reached unprecedented heights, as hotel chains and restaurateurs grabbed up property near the proposed park. Mere swampland sold for millions. The total cost of the project by its October 1971 opening was $400 million.
In terms of market capitalization, Apple is the largest company in the world. But where it really stands out from Disney is its free cash flow. At the end of 2022, Apple's free cash flow was over $30 billion.
Interactive chart of historical net worth (market cap) for Disney (DIS) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Disney net worth as of November 10, 2023 is $161.51B.
And if you've ever fantasized about actually living at Disney World — well, you can! There's actually a neighborhood on property called Golden Oak, and residents here get lots of amazing Disney perks.
At the time of his death, his net worth is estimated to have been around US$150 million – which would be around US$1 billion today. Here are a few facts you might not know about the man who made Mickey Mouse a household name …