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Avi Arad
Born

1, 1948 (1948-08-01) (age 71

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Giv'atayim (Ramat Gan), Israel
Occupation Film Producer, businessman
Net worth US$78 million
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Avi Arad (Template:Lang-he; born August 1, 1948) is an Israeli-American businessman. He became the CEO of the company Toy Biz in the 1990s, and soon afterward became the chief creative officer of Marvel Entertainment, a Marvel director, chairman, CEO and the founder of Marvel Studios.[1]

Early life and careerEdit

Arad was born in Giv'atayim, Israel, to refugees from Poland during the 1948 Arab-Israeli War. He spent his childhood in Giv'atayim, and grew up on Superman and Spider-Man comics translated into Hebrew. In 1965, he was conscripted into the Israel Defense Forces (IDF). He fought in and was wounded in the 1967 Six-Day War, and spent 15 days recuperating. Arad finished his military service in 1968.[2]

In 1970, Arad moved to the United States and enrolled at Hofstra University to study industrial management. He worked as a truck driver and Hebrew teacher to put himself through college, and graduated with a BBA in 1972.[3][2]

Marvel ComicsEdit

Along with Toy Biz co-owner Isaac Perlmutter, Avi Arad came into conflict with Carl Icahn and Ron Perelman over control of Marvel Comics in the wake of its 1996 bankruptcy. In the end, Arad and Perlmutter came out on top, with Toy Biz taking over Marvel Comics in a complicated deal that included obtaining the rights to Spider-Man and other superheroes that Marvel had sold earlier. He was involved in Marvel's emergence from bankruptcy and the expansion of the company's profile through licensing and movies.

On July 4, 2003, Arad became a naturalized citizen of the United States.[citation needed]


Later careerEdit

On May 31, 2006, Arad resigned his various Marvel positions, including his leadership of Marvel Studios to form his own production company, Arad Productions. Although he is still producing projects for Marvel,[1] his first feature outside Marvel was the August 2007 film Bratz: The Movie. Other ventures will be an adaptation of the manga Ghost in the Shell, an adaption of Brandon Mull's best-seller teenage fantasy Fablehaven, an adaption of James Patterson's award winning teenage novel Maximum Ride, an adaption of BioWare's award winning video game, Mass Effect, and the adaptations of both Sony PlayStation properties Uncharted: Drake's Fortune[4] and inFAMOUS.[5] On August 25, 2010 it was announced that Arad was given a chair with the American branch of animation studio Production I.G in Los Angeles, California.[6]

Producer filmographyEdit

ReferencesEdit

  1. 1.0 1.1 "Marvel Announces New Independent Producer Deal with Avi Arad", May 31, 2006 press release, via Ain't It Cool News
  2. 2.0 2.1 http://www.usatoday.com/life/movies/news/2003-06-05-marvel_x.htm
  3. Hofstra University: Frank G. Zarb School of Business - Faces of Success: Avi Arad '72
  4. Hennig, Amy (30 June 2009). "Uncharted 2 Live Chat with Naughty Dog". The PlayStation Blog. Sony Computer Entertainment America. http://www.coveritlive.com/index2.php?task=viewaltcast&altcast_code=bb0690c33d. Retrieved 30 July 2009. "We're really excited about the development of Uncharted: Drake's Fortune as a movie -- we've been working with Arad Productions for the last year-and-a-half or so" 
  5. Fernandez, Jay A. (28 July 2009). "Scribe takes on 'inFAMOUS'". The Hollywood Reporter. Nielsen Business Media. Archived from the original on 30 July 2009. http://www.hollywoodreporter.com/hr/content_display/news/e3ide843f7bf07c511ffc026ea4b606ff51. Retrieved 30 July 2009. "Avi Arad and Ari Arad will produce."  Template loop detected: Template:Fix/category[dead link]
  6. "Spider-Man Producer Avi Arad Becomes I.G. USA Chair". Anime News Network. Anime News Network. 25 August 2010. Archived from the original on 27 August 2010. http://www.animenewsnetwork.com/news/2010-08-25/spider-man-producer-avi-arad-becomes-i.g-usa-chair. Retrieved 30 August 2010. 

External linksEdit

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