The estimated Net Worth of Paul J Salem is at least $60.5 Milione dollars as of 5 August 2024. Mr. Salem owns over 147,500 units of MGM Resorts International stock worth over $60,234,450 and over the last 6 years he sold MGM stock worth over $0. In addition, he makes $293,200 as Chairman of the Board at MGM Resorts International.
Paul has made over 7 trades of the MGM Resorts International stock since 2019, according to the Form 4 filled with the SEC. Most recently he bought 147,500 units of MGM stock worth $4,985,500 on 5 August 2024.
The largest trade he's ever made was buying 800,000 units of MGM Resorts International stock on 8 May 2019 worth over $20,320,000. On average, Paul trades about 21,551 units every 24 days since 2018. As of 5 August 2024 he still owns at least 1,702,500 units of MGM Resorts International stock.
You can see the complete history of Mr. Salem stock trades at the bottom of the page.
Paul J. Salem serves as Chairman of the Board of the Company. He is Senior Managing Director Emeritus, Providence Equity Partners (“Providence”) since 2018, with Providence from 1992 – 2018, which specializes in investing in the media, communications, education and information industries by employing a variety of financing structures and target equity investments and bringing industry, financial, operational and leadership expertise to portfolio companies. Previously served as a director of Grupo TorreSur, Asurion, Eircom, Madison River Telecom, MetroNet (formerly AT&T Canada), PanAmSat, Tele1 Europe, Verio, Wired Magazine, Education Management Corporation and several other Providence investments. Prior to joining Providence in 1992, worked for Morgan Stanley in corporate finance and mergers and acquisitions and prior to Morgan Stanley spent four years with Prudential Investment Corporation. Chairman of Year Up, a national non-profit focused on closing the opportunity divide for urban young adults, and a board member of Edesia Global Nutrition, a non-profit dedicated to treating and preventing malnutrition in the world’s most vulnerable populations. Serves on the advisory board of the Carney Institute for Brain Science at Brown University.
As the Chairman of the Board of MGM Resorts International, the total compensation of Paul Salem at MGM Resorts International is $293,200. There are 13 executives at MGM Resorts International getting paid more, with William Hornbuckle having the highest compensation of $6,289,560.
Paul Salem is 56, he's been the Chairman of the Board of MGM Resorts International since 2020. There are 13 older and 7 younger executives at MGM Resorts International. The oldest executive at MGM Resorts International is Barry Diller, 78, who is the Director.
Over the last 20 years, insiders at MGM Resorts International have traded over $400,001,609,732,667 worth of MGM Resorts International stock and bought 38,549,825 units worth $728,588,445 . The most active insiders traders include Corpkerkorian Kirk Tracinda, Keith A. Meister e Inc. Iac. On average, MGM Resorts International executives and independent directors trade stock every 8 days with the average trade being worth of $5,851,357. The most recent stock trade was executed by Corey Ian Sanders on 18 August 2024, trading 20,300 units of MGM stock currently worth $718,214.
the resorts and casinos of mgm resorts international™ are some of the most famous in the world. our 23 destinations are renowned for their winning combination of quality entertainment, luxurious facilities and exceptional customer service. we are actively expanding our presence globally, with potential developments in a number of domestic and international markets. at mgm resorts international, we are all striving together to deliver an enticing blend of entertainment to every corner of the world. many of our resorts are located in las vegas. las vegas features three of the largest convention centers in the u.s., spectacular entertainment, attractions, shopping and world-famous resorts. whether dancing fountains, incredible stage productions, casino action, museums or natural attractions such as lake mead, vegas offers something for everyone. a stroll down our streets takes you around the globe, with recreations like climbing to the top of the eiffel tower or taking a venetian gondola
MGM Resorts International executives and other stock owners filed with the SEC include: