Richard Reeves Whitt III
Net Worth
Last updated:
What is Richard Reeves Whitt III net worth?
The estimated net worth of Mr. Richard Reeves Whitt III is at least $57,041,893 as of 15 Oct 2021. He owns shares worth $19,506,564 as insider, has earned $2,175,329 from insider trading and has received compensation worth at least $35,360,000 in Markel Corporation.
What is the salary of Richard Reeves Whitt III?
Mr. Richard Reeves Whitt III salary is $2,080,000 per year as Co-Chief Executive Officer & Director in Markel Corporation.
How old is Richard Reeves Whitt III?
Mr. Richard Reeves Whitt III is 61 years old, born in 1964.
What stocks does Richard Reeves Whitt III currently own?
As insider, Mr. Richard Reeves Whitt III owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Markel Corporation (MKL) | Co-Chief Executive Officer & Director | 9,988 | $1,953 | $19,506,564 |
What does Markel Corporation do?
Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, the Asia Pacific, and the Middle East. Its Insurance segment offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. This segment also offers credit and surety products, and collateral protection insurance products. The company's Reinsurance segment offers transaction, healthcare, and environmental impairment liability; and specialty treaty reinsurance products comprising structured and whole turnover credit, political risk, mortgage and contract, and commercial surety reinsurance programs. Its Markel Ventures segment provides equipment used in baking systems and food processing; portable dredges; over-the-road car haulers and transportation equipment; and laminated oak and composite wood flooring, tube and tank trailers, as well as ornamental plants and residential homes, handbags, and architectural products. This segment also provides consulting, and other types of services to businesses and consumers, including distribution of exterior building products, crane rental, fire protection, and life safety services, management and technology consulting, and retail intelligence services. The company's Other segment provides healthcare, leasing and investment services, as well as operates as an insurance and investment fund manager offering a range of investment products, including insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives; and program services. it also manages funds with third parties. Markel Corporation was founded in 1930 and is based in Glen Allen, Virginia.
Richard Reeves Whitt III insider trading
Markel Corporation
Mr. Richard Reeves Whitt III has made 29 insider trades between 2008-2021, according to the Form 4 filled with the SEC. Most recently he sold 750 units of MKL stock worth $976,988 on 15 Oct 2021.
The largest trade he's ever made was exercising 750 units of MKL stock on 15 Oct 2021. As of 15 Oct 2021 he still owns at least 9,988 units of MKL stock.
Markel key executives
Markel Corporation executives and other stock owners filed with the SEC:
- Mr. Bradley James Kiscaden (62) Pres & Chief Admin. Officer of Insurance Operations
- Mr. Jeremy Andrew Noble CPA (49) Senior Vice President & Chief Financial Officer
- Mr. Richard Randolph Grinnan (56) Senior Vice President, Chief Legal Officer & Sec.
- Mr. Richard Reeves Whitt III (61) Co-Chief Executive Officer & Director
- Mr. Robert Chantry Cox (67) Pres & Chief Operating Officer of Insurance Operations
- Mr. Thomas Sinnickson Gayner (64) Co-Chief Executive Officer & Director