Last updated: 28 August 2024 at 5:33pm EST

Richard Adkerson Net Worth




The estimated Net Worth of Richard C Adkerson is at least $207 Million dollars as of 6 May 2024. Mr. Adkerson owns over 54,771 units of Freeport-McMoRan Inc stock worth over $150,847,341 and over the last 21 years he sold FCX stock worth over $40,114,159. In addition, he makes $15,742,200 as Vice Chairman of the Board, President, and Chief Executive Officer at Freeport-McMoRan Inc.

Mr. Adkerson FCX stock SEC Form 4 insiders trading

Richard has made over 29 trades of the Freeport-McMoRan Inc stock since 2004, according to the Form 4 filled with the SEC. Most recently he sold 54,771 units of FCX stock worth $2,781,271 on 6 May 2024.

The largest trade he's ever made was exercising 1,124,167 units of Freeport-McMoRan Inc stock on 13 August 2021 worth over $16,907,472. On average, Richard trades about 95,823 units every 80 days since 2003. As of 6 May 2024 he still owns at least 3,652,478 units of Freeport-McMoRan Inc stock.

You can see the complete history of Mr. Adkerson stock trades at the bottom of the page.





Richard Adkerson biography

Richard C. Adkerson serves as Vice Chairman of the Board, President, Chief Executive Officer of the Company. Chief Executive Officer of the company since December 2003. President of the company since January 2008 and from April 1997 to March 2007. Chief Financial Officer of the company from October 2000 to December 2003. Vice Chairman of the Board of the company since May 2013. Vice Chairman of our former parent company from 1995 to 1997. Prior to joining the company in 1989, Partner and Managing Director in Arthur Andersen & Co. where he headed the firm’s global oil and gas industry services from 1979 to 1987, and headed the firm’s global public company accounting and audit practice from 1987 to 1988. Professional Accounting Fellow with the SEC and Presidential Exchange Executive from 1976 to 1978.

What is the salary of Richard Adkerson?

As the Vice Chairman of the Board, President, and Chief Executive Officer of Freeport-McMoRan Inc, the total compensation of Richard Adkerson at Freeport-McMoRan Inc is $15,742,200. There are no executives at Freeport-McMoRan Inc getting paid more.



How old is Richard Adkerson?

Richard Adkerson is 73, he's been the Vice Chairman of the Board, President, and Chief Executive Officer of Freeport-McMoRan Inc since 2013. There are 3 older and 11 younger executives at Freeport-McMoRan Inc. The oldest executive at Freeport-McMoRan Inc is Gerald Ford, 75, who is the Independent Non-Executive Chairman of the Board.

What's Richard Adkerson's mailing address?

Richard's mailing address filed with the SEC is 333 NORTH CENTRAL AVENUE, , PHOENIX, AZ, 85004.

Insiders trading at Freeport-McMoRan Inc

Over the last 22 years, insiders at Freeport-McMoRan Inc have traded over $1,158,153,443 worth of Freeport-McMoRan Inc stock and bought 11,711,796 units worth $310,358,859 . The most active insiders traders include Tinto Plc Rio, James R Moffett, and Richard C Adkerson. On average, Freeport-McMoRan Inc executives and independent directors trade stock every 26 days with the average trade being worth of $9,151,006. The most recent stock trade was executed by Stephen T. Higgins on 13 May 2024, trading 80,000 units of FCX stock currently worth $1,204,800.



What does Freeport-McMoRan Inc do?

freeport-mcmoran oil & gas (fm o&g) is a wholly-owned subsidiary of freeport-mcmoran copper & gold (fcx), a premier u.s. based natural resource company with an industry leading global portfolio of mineral assets, significant oil and gas resources and a growing production profile. fm o&g consists of oil & natural gas assets in north america, including reserves in the deepwater gulf of mexico (gom), onshore and offshore california and haynesville shale plays, and an industry leading position in the emerging shallow water ultra-deep gas trend in the shelf of the gom and onshore in south louisiana. assets in fm o&g’s principal focus areas include mature properties with long-lived reserves and significant development opportunities as well as newer properties with development and exploration potential. additional information about fm o&g can be found on fcx’s website at www.fcx.com.



Complete history of Mr. Adkerson stock trades at Freeport-McMoRan Inc

Insider
Trans.
Transaction
Total value
Richard C Adkerson
Chairman of the Board
Sale $2,781,271
6 May 2024
Richard C Adkerson
Chairman of the Board
Option $11,008,400
29 Apr 2024
Richard C Adkerson
Chairman of the Board
Option $10,364,900
1 Feb 2024
Richard C Adkerson
Chairman of the Board
Option $15,754,500
10 Jan 2023
Richard C Adkerson
Chairman of the Board
Option $16,907,472
13 Aug 2021
Richard C Adkerson
Chairman of the Board
Option $4,719,750
4 Dec 2020
Richard C Adkerson
Chairman of the Board
Buy $2,505,000
5 Mar 2020
Richard C Adkerson
Chairman of the Board
Buy $1,744,080
6 Jun 2019
Richard C Adkerson
Chairman of the Board
Option $3,355,560
31 Jan 2014
Richard C Adkerson
Chairman of the Board
Sale $23,413,494
9 Feb 2012
Richard C Adkerson
Chairman of the Board
Option $15,410,000
2 Feb 2011
Richard C Adkerson
Chairman of the Board
Sale $1,920,329
6 Mar 2008
Richard C Adkerson
Chairman of the Board
Option $9,260,000
6 Mar 2008
Richard C Adkerson
Chairman of the Board
Sale $1,258,136
10 Dec 2007
Richard C Adkerson
Chairman of the Board
Option $9,260,000
10 Dec 2007
Richard C Adkerson
Chairman of the Board
Sale $2,517,770
10 May 2006
Richard C Adkerson
Chairman of the Board
Option $9,260,000
10 May 2006
Richard C Adkerson
Chairman of the Board
Sale $3,133,060
31 Jan 2006
Richard C Adkerson
Chairman of the Board
Option $2,869,516
31 Jan 2006
Richard C Adkerson
Chairman of the Board
Sale $2,625,983
2 Nov 2005
Richard C Adkerson
Chairman of the Board
Option $4,235,000
2 Nov 2005
Richard C Adkerson
Chairman of the Board
Sale $19,480
25 Oct 2005
Richard C Adkerson
Chairman of the Board
Option $4,292,531
25 Oct 2005
Richard C Adkerson
Chairman of the Board
Sale $444,636
3 Aug 2005
Richard C Adkerson
Chairman of the Board
Option $4,314,704
3 Aug 2005
Richard C Adkerson
Chairman of the Board
Option $8,875,000
25 Feb 2005
Richard C Adkerson
Chairman of the Board
Sale $2,000,000
17 Feb 2005
Richard C Adkerson
Chairman of the Board
Option $6,936,435
1 Nov 2004
Richard C Adkerson
Chairman of the Board
Option $9,714,815
2 Mar 2004


Freeport-McMoRan Inc executives and stock owners

Freeport-McMoRan Inc executives and other stock owners filed with the SEC include: