Roy Edward Disney, KCSG (January 10, 1930 – December 16, 2009) was a longtime senior executive for The Walt Disney Company, which his father Roy Oliver Disney and his uncle Walt Disney founded. At the time of his death he was a shareholder (more than 16 million shares or about 1%), and served as a consultant for the company and Director Emeritus for the Board of Directors. He is perhaps best known for organizing the ouster of two top Disney executives: first, Ron Miller in 1984, and then Michael Eisner in 2005.
As the last member of the Disney family to be actively involved in the company, Roy Disney was often compared to his uncle and father. In 2006, Forbes magazine estimated his personal fortune at about USD$1.2 billion.
During the 1990s, Roy’s department produced a number of commercially successful, critically acclaimed films and the era has been called a renaissance for the company and animation. The Lion King, for instance, has garnered nearly $1 billion USD since its release in the summer of 1994 and was the second highest grossing film of the year. There was, however, a marked decline in profits starting at the end of the decade as Disney expanded into lower grossing though profitable direct-to-video spin-offs and sequels. On October 16, 1998, in a surprise presentation made at the newly unveiled Disney Legends Plaza at the company’s headquarters, Disney Chairman Michael Eisner presented him with the prestigious Disney Legends Award. Roy Disney’s pet project was the film Fantasia 2000, a sequel to the 1940 animated movie Fantasia produced by his uncle Walt Disney. Walt Disney had planned a sequel to the original movie but it was never made. Roy decided to make this long-delayed sequel, and he was the executive producer of the film that took nine years to produce and was finally released on December 17, 1999. Like its predecessor, the film combined high-quality contemporary animation and classical music; however, it was not a financial success at the U.S. box office