Michael Xie
Net Worth
Last updated:
What is Michael Xie net worth?
The estimated net worth of Mr. Michael Xie is at least $4,174,640,593 as of 4 Nov 2024. He owns shares worth $843,208,162 as insider, has earned $3,318,822,991 from insider trading and has received compensation worth at least $12,609,440 in Fortinet, Inc..
What is the salary of Michael Xie?
Mr. Michael Xie salary is $788,090 per year as Founder, Pres, Chief Technology Officer & Director in Fortinet, Inc..
How old is Michael Xie?
Mr. Michael Xie is 56 years old, born in 1969.
What stocks does Michael Xie currently own?
As insider, Mr. Michael Xie owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Fortinet, Inc. (FTNT) | Founder, Pres, Chief Technology Officer & Director | 10,827,018 | $77.88 | $843,208,162 |
What does Fortinet, Inc. do?
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Michael Xie insider trading
Fortinet, Inc.
Mr. Michael Xie has made 184 insider trades between 2009-2024, according to the Form 4 filled with the SEC. Most recently he sold 13,481 units of FTNT stock worth $1,060,618 on 4 Nov 2024.
The largest trade he's ever made was exercising 800,000 units of FTNT stock on 23 Nov 2009. As of 4 Nov 2024 he still owns at least 10,827,018 units of FTNT stock.