The estimated Net Worth of Richard S Ressler is at least $1.36 Billion dollars as of 26 May 2023. Mr. Ressler owns over 34,622 units of J2 Global stock worth over $1,309,687,961 and over the last 21 years he sold JCOM stock worth over $48,745,927. In addition, he makes $476,069 as Independent Chairman of the Board at J2 Global.
Richard has made over 132 trades of the J2 Global stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 34,622 units of JCOM stock worth $176,226 on 26 May 2023.
The largest trade he's ever made was exercising 830,833 units of J2 Global stock on 30 August 2011 worth over $780,983. On average, Richard trades about 18,874 units every 22 days since 2003. As of 26 May 2023 he still owns at least 9,168,916 units of J2 Global stock.
You can see the complete history of Mr. Ressler stock trades at the bottom of the page.
Richard S. Ressler is Independent Chairman of the Board of the J2 Global Inc. He has been Chairman of the Board of Directors and a director of j2 Global since 1997, and served as j2 Global's Chief Executive Officer from 1997 to 2000, serving in each of these capacities pursuant to a consulting agreement between j2 Global and Orchard Capital Corporation ("Orchard Capital"). Mr. Ressler is the founder and President of Orchard Capital, a firm through which Mr. Ressler oversees companies in which Orchard Capital or its affiliates invest. He has served as President of Orchard Capital since 1994. Through his affiliation with Orchard Capital, Mr. Ressler serves in various senior capacities with, among others, CIM Group, LLC (together with its controlled affiliates, "CIM"), a vertically-integrated owner and operator of real estate assets, Orchard First Source Asset Management (together with its controlled affiliates, "OFSAM"), a full service provider of capital and leveraged finance solutions to U.S. corporations, and OCV Management, LLC ("OCV"), an investor, owner and operator of technology companies. CIM Investment Advisors, LLC, an affiliate of CIM, OFS Capital Management, LLC, an affiliate of OFSAM, and OCV, are all registered with the SEC as registered investment advisers. Mr. Ressler also serves as a board member for various other public and private companies in which Orchard Capital or its affiliates invest, including as a director of Presbia PLC, and chairman of the board of directors of CIM Commercial Trust Corporation.
As the Independent Chairman of the Board of J2 Global, the total compensation of Richard Ressler at J2 Global is $476,069. There are 7 executives at J2 Global getting paid more, with R. Scott Turicchi having the highest compensation of $4,351,780.
Richard Ressler is 61, he's been the Independent Chairman of the Board of J2 Global since 2000. There are 5 older and 9 younger executives at J2 Global. The oldest executive at J2 Global Inc. is Robert Cresci, 76, who is the Lead Independent Director.
Over the last 22 years, insiders at J2 Global have traded over $111,977,360 worth of J2 Global stock and bought 14,221 units worth $1,072,746 . The most active insiders traders include Richard S Ressler, Scott C Taylor, and R Scott Turicchi. On average, J2 Global executives and independent directors trade stock every 16 days with the average trade being worth of $2,644,968. The most recent stock trade was executed by Pamela Sutton Wallace on 30 September 2021, trading 2,855 units of JCOM stock currently worth $407,808.
J2 Global, Inc. is a leading internet information and services company consisting of a portfolio of brands including IGN, Mashable, Humble Bundle, Speedtest, PCMag, RetailMeNot, Offers.com, Spiceworks, Everyday Health, BabyCenter and What To Expect in its Digital Media business and eFax, eVoice, iContact, Campaigner, Vipre, IPVanish and KeepItSafe in its Cloud Services business. J2 reaches more than 240 million people per month across its brands. As of December 31, 2020, J2 had achieved 25 consecutive fiscal years of revenue growth.
J2 Global executives and other stock owners filed with the SEC include: