Date of Birth: December 14, 1946
Zodiac Sign: Sagittarius
Biography
Michael Ovitz is a renowned American businessman, talent agent, and investor, best known for co-founding Creative Artists Agency (CAA) in 1975. Born in New York City, Ovitz quickly rose to prominence in Hollywood, transforming CAA into one of the most powerful talent agencies in the entertainment industry. Under his leadership, CAA represented some of the biggest names in film, television, and sports, including Steven Spielberg, Tom Cruise, and Meryl Streep. Ovitz’s innovative approach to talent representation, including packaging deals and cross-industry collaborations, revolutionized the way Hollywood operated. After leaving CAA in 1995, Ovitz briefly served as President of The Walt Disney Company, a tenure that ended controversially in 1997. Despite this setback, Ovitz continued to exert influence in the business world through various investments and ventures. His career has been marked by both significant achievements and high-profile controversies, making him one of the most enigmatic figures in the entertainment industry.
5 Interesting Facts about Michael Ovitz
1. Michael Ovitz co-founded Creative Artists Agency (CAA) with fellow agents Ron Meyer, Bill Haber, Rowland Perkins, and Mike Rosenfeld.
2. Ovitz was named the most powerful man in Hollywood by “The Hollywood Reporter” in 1994.
3. His tenure at Disney ended with a $140 million severance package, one of the largest in corporate history.
4. Ovitz is an avid art collector, owning works by contemporary artists such as Mark Rothko and Jasper Johns.
5. He has been involved in various philanthropic efforts, including significant donations to medical research and education.
5 Most Interesting Quotes from Michael Ovitz
1. “The only thing that separates successful people from the ones who aren’t is the willingness to work very, very hard.”
2. “You have to be able to predict the future and prepare for it.”
3. “In Hollywood, you can’t afford to make enemies. Because there’s always a chance you’ll be working for them.”
4. “Success is not built on success. It’s built on failure. It’s built on frustration. Sometimes it’s built on catastrophe.”
5. “The entertainment business is and always will be about relationships.”
Highest Net Worth Achieved
The highest net worth achieved by Michael Ovitz is estimated to be around $500 million.
Children
Michael Ovitz has three children: Christopher Ovitz, Kimberly Ovitz, and Eric Ovitz.
Relevant Links
1. [Michael Ovitz Wikipedia](https://en.wikipedia.org/wiki/Michael_Ovitz
2. [Michael Ovitz Biography on Britannica](https://www.britannica.com/biography/Michael-Ovitz
3. [Forbes Profile of Michael Ovitz](https://www.forbes.com/profile/michael-ovitz/
4. [Michael Ovitz on IMDb](https://www.imdb.com/name/nm0654301/
5. [Michael Ovitz Interview on Charlie Rose](https://charlierose.com/videos/17820
