Marvel Comics
Along with Toy Biz co-owner Isaac Perlmutter, Avi Arad came into conflict with Carl Icahn and Ron Perelman over control of Marvel Comics in the wake of its 1996 bankruptcy. In the end, Arad and Perlmutter came out on top, with Toy Biz taking over Marvel Comics in a complicated deal that included obtaining the rights to Spider-Man and other superheroes that Marvel had sold earlier. He was involved in Marvel's emergence from bankruptcy and the expansion of the company's profile through licensing and movies.
On July 4, 2003, Arad became a naturalized citizen of the United States.
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“I marvel thy master hath not eaten thee for a word, for thou art not so long by the head as honorificabilitudinitatibus.”
—William Shakespeare (1564–1616)