Marc Gabelli’s net worth is estimated at $2 million as of September 19, 2024. He holds significant shares in LGL Group Inc. and GAMCO Investors Inc. This estimate is based on his latest stock holdings and SEC filings.
This article looks at Marc Gabelli’s net worth and gives a clear picture of his life and career. It covers his personal story and professional achievements in detail.
Who is Marc Gabelli?
Marc Gabelli is a successful financier and investor. He is known for his work with Gabelli Asset Management and serves as a director at LGL Group Inc. and GAMCO Investors Inc. His career focuses on smart investing and managing funds. Gabelli is also involved in various charitable activities.
Breakdown of Marc Gabelli Net Worth
1. Earnings from GAMCO Investors
A big part of Marc Gabelli’s net worth comes from his job at GAMCO Investors. He earns a good salary, performance bonuses, and stock options. All these earnings add up to his total wealth.
2. Personal Investments
Marc Gabelli has many different investments, including stocks, real estate, and other assets. His smart investment choices in promising areas and companies have helped him build his wealth.
3. Board Memberships and Consultancy
Marc Gabelli’s work on different corporate boards and as a consultant adds to his net worth. These jobs usually come with high pay and stock options, which help increase his wealth.
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Marc Gabelli Insider Ownership Reports
According to SEC reports, Marc Gabelli owns shares in 9 companies, such as LGL Group Inc., LGL Systems Acquisition Corp., and Associated Capital Group Inc. Click here to see all of Marc Gabelli’s insider trades.
Marc Gabelli Latest Holdings Summary
Marc Gabelli owns two stocks: 368,377 shares of LGL Group Inc., valued at $2 million, making up 98.69% of his holdings, and 1,237 shares of GAMCO Investors Inc., worth $28,513, making up 1.31% of his portfolio.
The LGL shares were last updated on September 17, 2010, and the GAMCO shares on November 6, 2014.
Marc Gabelli Form 4 Trading Tracker
Marc Gabelli hasn’t made any transactions in LGL Group Inc. Marc Gabelli has not made any transactions with LGL Group Inc. Over the past 5 years. His last trade was buying 23 shares on September 17, 2010, for about $460.
He also hasn’t traded any GAMCO Investors Inc. shares in the past 5 years. His most recent GAMCO trade was on November 6, 2014, but it did not involve any shares.
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Marc Gabelli Trading Performance
GuruFocus tracks how stocks bought by Marc Gabelli perform over time. On average, stocks he buys see a 0.61% return after 3 months. His trades perform better than the S&P 500 in 3 out of 8 cases during this period. You can choose different timeframes to compare his trading results with market benchmarks.
Marc Gabelli Ownership Network
Marc Gabelli’s ownership network includes shares in various companies like LGL Group Inc. and GAMCO Investors Inc. He has significant holdings in these firms, reflecting his influence and investment strategy. His network shows how he manages and grows his investments across different sectors.
Marc Gabelli Mailing Address
The information above covers Marc Gabelli’s net worth, insider trading, and ownership details. If you want to contact him, you can send mail to: 401 Theodore Fremd Ave, Rye, NY 10580.
Frequently Asked Questions:
1. What is Marc Gabelli’s net worth in 2024?
As of 2024, Marc Gabelli’s net worth is estimated to be around $2 million. His wealth comes from his investments and roles in various companies like LGL Group Inc. and GAMCO Investors Inc.
2. How did Marc Gabelli build his wealth?
Marc Gabelli built his wealth through smart investments in stocks and companies. He earned money from his roles in GAMCO Investors Inc. and LGL Group Inc., along with other successful financial ventures and investments.
3. What are Marc Gabelli’s primary income streams?
Marc Gabelli’s main income streams are his roles at GAMCO Investors Inc. and LGL Group Inc., where he earns a salary and bonuses. He also makes money from his investments in various stocks and companies.
4. What roles has Marc Gabelli held at GAMCO Investors?
He served as a director and key executive at GAMCO Investors Inc. His roles include managing investments and making important decisions to help grow the company’s financial performance and overall success.
5. What other ventures is Marc Gabelli involved in?
Besides working with GAMCO Investors, Marc Gabelli also serves on the boards of companies in areas like telecommunications, media, and technology. He also does consulting work, sharing his expertise with different businesses.
Conclusion:
In conclusion, Marc Gabelli’s 2024 net worth of $600 million highlights his success in finance. His role at GAMCO Investors, smart investments, and board positions show his skill in growing wealth. Gabelli’s achievements reflect his dedication and expertise in managing money.
