Steve Jobs advises Bob Iger to retire and enjoy life in 2011

In 2011, shortly before his death, Steve Jobs advised Bob Iger to retire from his role at Walt Disney Co. and focus on enjoying life rather than accumulating wealth. Jobs, who had a net worth of approximately $10.2 billion, emphasized the importance of life experiences over financial success, a sentiment he had previously expressed in a 1996 PBS documentary. This advice resonated with Iger as he contemplated his future at Disney, especially during his departure as CEO in 2020 and subsequent return in 2022. Iger's tenure at Disney has been marked by significant achievements and challenges, including friction with his successor, Bob Chapek. This tension ultimately led to Chapek's dismissal and Iger's reinstatement as CEO. Upon returning, Iger prioritized succession planning, recognizing its importance for Disney's stability. He expressed a strong commitment to ensuring a smooth transition for the next CEO, although he has remained discreet about specific plans. Additionally, Iger's interest in diverse ventures, such as a potential acquisition of a stake in the women's soccer team Angel City, highlights his ongoing influence in various sectors. This move could set a record for the most expensive women's sports team, further solidifying Iger's legacy as a multifaceted leader. Overall, Jobs's advice has had a lasting impact on Iger's leadership journey, shaping his approach to retirement and succession planning at Disney, while also emphasizing the value of enjoying life beyond professional achievements.