Became billionaire by selling WETA

Peter Jackson, the renowned filmmaker known for his work on the 'Lord of the Rings' and 'Hobbit' trilogies, achieved billionaire status through the sale of WETA, his visual effects company, to Unity Technologies. WETA, which has been instrumental in creating groundbreaking visual effects for numerous films, was a key player in the film industry, contributing to the success of many high-profile projects. The acquisition by Unity Technologies, a leader in interactive 3D content creation, marked a significant shift in the landscape of visual effects and gaming. This merger aimed to enhance Unity's capabilities in real-time 3D graphics, allowing for more immersive experiences in gaming and other interactive media. Jackson's decision to sell WETA not only solidified his financial success but also positioned him to explore new ventures in technology and entertainment. Following the sale, Jackson has continued to invest in innovative projects, including Colossal Biosciences, a company focused on de-extinction efforts. This initiative aims to bring back extinct species, such as the Woolly Mammoth, through advanced genetic technologies. Jackson's investments reflect a broader trend among successful entrepreneurs who seek to leverage their wealth for impactful scientific advancements. The sale of WETA and Jackson's subsequent ventures illustrate the intersection of entertainment, technology, and science, showcasing how leaders in one industry can influence and contribute to developments in another.