Nelson Peltz sitting at CNBC event
Nelson Peltz.
  • Nelson Peltz made a $150 million paper profit on his stake in Disney, according to Bloomberg.
  • Peltz acquired 9.4 million shares of Disney for $92 per share in early November and launched a proxy fight against CEO Bob Iger.
  • Disney stock hit an intraday high of $118 on Thursday after Iger announced a $5.5 billion cost savings plan.

Activist investor Nelson Peltz has scored a quick paper profit of $154 million since he acquired shares of Disney in early November and launched a proxy fight against returning CEO Bob Iger, sources told Bloomberg.