Michael D. Farkas
Net Worth
Last updated:
What is Michael D. Farkas net worth?
The estimated net worth of Mr. Michael D. Farkas is at least $345,642,373 as of 28 Sep 2023. He owns shares worth $2,423,899 as insider, has earned $340,283,434 from insider trading and has received compensation worth at least $2,935,040 in Blink Charging Co. and Balance Labs, Inc..
What is the salary of Michael D. Farkas?
Mr. Michael D. Farkas salary is $703,760 per year as Founder, Chairman & Chief Executive Officer in Blink Charging Co.. He also receives $120,000 as Pres, Chief Executive Officer, Chief Financial Officer & Chairman in Balance Labs, Inc..
How old is Michael D. Farkas?
Mr. Michael D. Farkas is 53 years old, born in 1972.
What stocks does Michael D. Farkas currently own?
As insider, Mr. Michael D. Farkas owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Blink Charging Co. (BLNK) | Founder, Chairman & Chief Executive Officer | 2,578,616 | $0.94 | $2,423,899 |
What does Blink Charging Co. do?
Blink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It also provides Blink Network, a cloud-based system that operates, maintains, and manages various Blink charging stations and associated charging data, back-end operations, and payment processing, as well as offers property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations; and provides EV drivers with station information, including station location, availability, and applicable fees. In addition, the company provides EV charging hardware, software services, and service plans. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations. The company offers its services through direct sales force and resellers, as well as sells residential Level 2 chargers through various internet channels. As of March 10, 2022, it deployed approximately 30,000 charging ports. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida.
Michael D. Farkas insider trading
Blink Charging Co.
Mr. Michael D. Farkas has made 59 insider trades between 2021-2023, according to the Form 4 filled with the SEC. Most recently he sold 52,000 units of BLNK stock worth $158,184 on 28 Sep 2023.
The largest trade he's ever made was exercising 540,000 units of BLNK stock on 12 Jan 2021. As of 28 Sep 2023 he still owns at least 2,578,616 units of BLNK stock.
Blink Charging key executives
Blink Charging Co. executives and other stock owners filed with the SEC:
- Mr. Brendan S. Jones (61) Pres, Chief Operating Officer & Director
- Mr. Michael D. Farkas (53) Founder, Chairman & Chief Executive Officer
- Mr. Michael P. Rama (59) Chief Financial Officer