John Farahi
Net Worth
Last updated:
What is John Farahi net worth?
The estimated net worth of Mr. John Farahi is at least $66,056,064 as of 30 Jul 2024. He owns shares worth $52,672,834 as insider, has earned $342,020 from insider trading and has received compensation worth at least $13,041,210 in Monarch Casino & Resort, Inc..
What is the salary of John Farahi?
Mr. John Farahi salary is $621,010 per year as Co- Chairman, Chief Executive Officer & Sec. in Monarch Casino & Resort, Inc..
How old is John Farahi?
Mr. John Farahi is 77 years old, born in 1948.
What stocks does John Farahi currently own?
As insider, Mr. John Farahi owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Monarch Casino & Resort, Inc. (MCRI) | Co- Chairman, Chief Executive Officer & Sec. | 525,310 | $100.27 | $52,672,834 |
What does Monarch Casino & Resort, Inc. do?
Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. The company also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. As of December 31, 2021, its Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 818 guest rooms and suites; 8 food outlets; 2 gourmet coffee and pastry bars; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. The company's Atlantis Casino Resort Spa also featured approximately 1,400 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. In addition, its Monarch Casino Resort Spa Black Hawk featured approximately 60,000 square feet of casino space; approximately 1,100 slot machines; approximately 40 table games; 10 bars and lounges; 4 dining options; 516 guest rooms and suites; banquet and meeting room space; a retail store; a concierge lounge; an upscale spa and pool facility; and a nine-story parking structure with approximately 1,350 spaces, as well as valet parking with a total parking capacity to approximately 1,500 spaces. The company was founded in 1972 and is based in Reno, Nevada.
John Farahi insider trading
Monarch Casino & Resort, Inc.
Mr. John Farahi has made 14 insider trades between 2004-2024, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 270,002 units of MCRI stock on 2 Apr 2014. As of 30 Jul 2024 he still owns at least 525,310 units of MCRI stock.
Monarch Casino & Resort key executives
Monarch Casino & Resort, Inc. executives and other stock owners filed with the SEC:
- Mr. Bahram Farahi (74) Co-Chairman & Pres
- Mr. Edwin S. Koenig (57) Chief Accounting Officer
- Mr. John Farahi (77) Co- Chairman, Chief Executive Officer & Sec.