Curious to know how much John Hess is worth? Look no further! In this article, we will delve into the net worth of John B Hess, the CEO and Director of Hess Corporation. Discover the wealth and fortune that he has accumulated over the years through his successful career in the energy industry.
John B Hess is a prominent figure in the energy sector, known for his leadership and contributions to the Hess Corporation. Let’s explore his net worth, career journey, and insider trading activities, giving you an insight into his financial status and the impact he has made in the industry.
Key Takeaways:
- John B Hess has an estimated net worth of at least $662 million as of January 31, 2023.
- He is the CEO and Director of Hess Corporation.
- John Hess owns over 328,947 units of Hess stock, worth over $113 million.
- He has earned $13,493,700 as the Chief Executive Officer and Director of Hess Corporation.
- Stay tuned to learn more about John Hess’s career, insider trading, and the Hess Corporation family legacy!
Career and Insider Trading of John B Hess
John B Hess has over 40 years of experience with Hess Corporation, gaining extensive knowledge of the company’s strategy and operations throughout his career. As an insider, John Hess has actively engaged in trading the Hess stock since 2006, further boosting his financial status and assets.
One of John Hess’s notable recent trading activities involves the sale of 328,947 units of HES stock, which amounted to a substantial $46,401,264. Additionally, he made a significant trade on September 4, 2019, when he sold 924,364 units of Hess stock, surpassing a staggering value of $60 million.
As of January 31, 2023, John Hess still retains a considerable number of shares, with a minimum ownership of 789,103 units of Hess stock, consolidating his financial position and earnings.
Insider Trading of John B Hess
| Date | Type of Trade | Units | Value ($) |
|---|---|---|---|
| September 4, 2019 | Sell | 924,364 | 60,320,256 |
| September 1, 2017 | Sell | 37,588 | 3,345,163 |
| October 29, 2015 | Sell | 100,000 | 6,199,000 |
| March 7, 2014 | Sell | 196,102 | 14,467,364 |
| February 20, 2013 | Sell | 166,000 | 11,366,648 |
John B Hess’s insider trading activities provide insight into his involvement within the company and the impact it has on his financial status and earnings. These transactions exemplify his astute understanding of market trends and his ability to make strategic decisions to maximize his assets.
Hess Corporation and Its Business
Hess Corporation is an American global independent energy company primarily engaged in the exploration and production of crude oil and natural gas. The company is also involved in gathering, compressing, and processing natural gas. With a long history and exceptional expertise, Hess Corporation has become one of the nation’s most iconic energy brands.
The Hess Corporation logo, an emblem of its strong presence in the industry, is widely recognized for its distinctive design and represents the company’s commitment to delivering reliable energy solutions.
