Stan Lee is a prolific comic book writer, producer, editor and entrepreneur. He is the former president and chairman of Marvel Comics having worked his way up from the position of an office assistant.
Stan Lee: His Biography / Humble Beginnings
Lee was born Stanley Martin Lieber on December 28, 1922, in New York City. As a child, he was influenced by books and movies with heroic roles played by Errol Flynn and had always dreamed of writing the Great American Novel. As a youth, he wrote obituaries for a news service, and press releases for the National Tuberculosis Center. He also sold subscriptions to the New York Herald Tribune.
Stan became an assistant at Timely Comics which in the 1960’s evolved into Marvel Comics. He eventually became President and Chairman at Marvel Comics. Under his leadership, the company which was a mere media publishing house was transformed into a dominant multimedia Corporation. Stan’s comic book debut was “Captain America Foils the Traitor’s Revenge”, a text filler in “Captain America Comics” #3. During World War II, he worked in the army as a writer and illustrator.
Success With Marvel Entertainment
He is the brain behind the creation of numerous iconic comic characters, including Fantastic Four, Silver Surfer, The Hulk, Spider-Man, Thor, and Iron Man with the help of Jack Kirby and Steve Ditko. In 2009, Marvel Entertainment, the publisher’s parent company was sold to Disney for $4 billion. As a reward for his outstanding work throughout his prolific career, Stan has received many accolades including inductions into the much coveted Will Weisner Comic Book Hall of Fame in 1994 and Jack Kirby Hall of Fame in 1995. In 2008, he received a National Medal of Arts honor from the then president, George W. Bush and was inducted into the Hollywood Walk of Fame in 2011.
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Stan Lee is currently the co-owner of POW! Entertainment. He serves as the Chairman and CEO of the company. The company produces some of the movies based on the characters that Stan creates, including “Chakra: The Invincible”. Other productions include: “The Stan Lee’s Mighty 7” media franchise, “Stan Lee’s Lightspeed”, “Stan Lee Presents: The Condor”, “Who Wants to be a Superhero?”, and “Stan Lee’s Mosaic”.
The company also develops and licenses intellectual properties for entertainment media ranging from film, TV, video games and related merchandise. A prolific writer, some of the most outstanding books by Stan includes the graphic novel “Romeo and Juliet: The War” which became a New York Best Seller. He also co-wrote the book “Zodiac”, released in 2015.
In a bid to fill the gap for contents aimed at the child audience, Stan partnered with 1821 Comics to create Stan Lee’s Universe, a multimedia imprint for children.
What Is His Net Worth?
Stan Lee currently has a total asset worth of around $50 million having worked for Marvel for 65 years, transforming it from a small publishing house to a giant multimedia corporation.
Technically, Stan Lee is expected to be worth a lot more, having run a multi-billion dollar company, but in the past, he has experienced major financial setbacks and has had to file for bankruptcy twice in 1996 and 2001.
However, though a nonagenarian, Stan Lee is showing no signs of slowing down as he continues to create new characters for his POW! Entertainment. Movie production on some of his new character creation including The Annihilator has already begun. Lee’s goal is to see each of his characters get their own movie franchise as well as gain worldwide recognition.
Stan Lee will also for life, continue to receive $1 million annually from Marvel Entertainment even without lifting a finger. He also enjoys making cameo appearances in movies that are based on the characters that he has created.
Stan sold his Hollywood Hills home for $2.6 million and bought a new one for $4.4 million. He also owns a mansion on Long Island. Besides writing comic books, Stan is also active in charity. In 2010, he established Stan Lee Foundation aimed at literacy, education, and arts.
Stan Lee was married to British-American hat model and voice actress Joan Lee for almost 70 years. Joan died on July 6, 2017, from stroke-related complications. The couple had two children, Joan Celia Lee, who was born in 1950, and Jan, who died three days after her birth in 1953.
Joan Celia, Stan’s only daughter, is a single mother who occasionally appears with her father on the red carpet. She is described as an artist of sorts who loves to design, paint, write prose, and even sing. J.C. has worked for Marvel in various positions, learning how to do layouts and paste-ups.
Is Stan Lee Dead?
The legendary comic book writer died on 12 November 2018, at the Cedars-Sinai Medical Center, Los Angeles, California, United States as a result of heart failure.