Last updated: 9 September 2024 at 4:39pm EST

Michael Balmuth Net Worth




The estimated Net Worth of Michael Balmuth is at least $132 Million dollars as of 5 September 2024. Mr. Balmuth owns over 14,887 units of Ross Stores stock worth over $1,682,530 and over the last 21 years he sold ROST stock worth over $121,010,212. In addition, he makes $8,988,000 as Chairman of the Board and Senior Advisor at Ross Stores.

Mr. Balmuth ROST stock SEC Form 4 insiders trading

Michael has made over 22 trades of the Ross Stores stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 14,887 units of ROST stock worth $2,266,099 on 5 September 2024.

The largest trade he's ever made was selling 322,584 units of Ross Stores stock on 30 January 2012 worth over $16,319,525. On average, Michael trades about 24,138 units every 55 days since 2003. As of 5 September 2024 he still owns at least 11,133 units of Ross Stores stock.

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





Michael Balmuth biography

Michael Balmuth serves as Chairman of the Board and Senior Advisor of the Company. From 2014 to November 2019, Mr. Balmuth was Executive Chairman of the Board of Directors and from 1996 to 2014, he was Vice Chairman of the Board of Directors and Chief Executive Officer. He also served as President from 2005 to 2009. Previously, Mr. Balmuth was Executive Vice President, Merchandising from 1993 to 1996 and Senior Vice President and General Merchandise Manager from 1989 to 1993. Before joining Ross, he was Senior Vice President and General Merchandising Manager at Bon Marché in Seattle from 1988 to 1989 and Executive Vice President and General Merchandising Manager for Karen Austin Petites from 1986 to 1988.

What is the salary of Michael Balmuth?

As the Chairman of the Board and Senior Advisor of Ross Stores, the total compensation of Michael Balmuth at Ross Stores is $8,988,000. There are 1 executives at Ross Stores getting paid more, with Barbara Rentler having the highest compensation of $12,024,300.



How old is Michael Balmuth?

Michael Balmuth is 69, he's been the Chairman of the Board and Senior Advisor of Ross Stores since 2019. There are 6 older and 15 younger executives at Ross Stores. The oldest executive at Ross Stores, Inc. is George Orban, 74, who is the Independent Director.

What's Michael Balmuth's mailing address?

Michael's mailing address filed with the SEC is 5130, Hacienda Drive, Dublin, Alameda County, California, 94568, United States.

Insiders trading at Ross Stores

Over the last 21 years, insiders at Ross Stores have traded over $369,642,837 worth of Ross Stores stock and bought 35 units worth $5,230 . The most active insiders traders include Michael Balmuth, Stephen D Milligan, and Barbara Rentler. On average, Ross Stores executives and independent directors trade stock every 22 days with the average trade being worth of $4,261,261. The most recent stock trade was executed by Michael Balmuth on 5 September 2024, trading 14,887 units of ROST stock currently worth $2,266,099.



What does Ross Stores do?

meet a fast-growing retail leader. over the past 30+ years, ross stores, inc. has grown from a six-store chain into an $11 billion, fortune 500 company. we operate our off price businesses in a way that keeps costs low so we can pass the savings to our customers. we continue to open new stores and our sales growth has outpaced traditional retailers for the past three years. ross dress for less® has 1,250+ stores in 33 states, the district of columbia and guam. dd’s discounts® has 165+ stores in 15 states. additional information is available at: www.rossstores.com www.ddsdiscounts.com



What does Ross Stores's logo look like?

Ross Stores, Inc. logo

Complete history of Mr. Balmuth stock trades at Ross Stores

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
5 Sep 2024 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 14,887 $152.22 $2,266,099
5 Sep 2024
11,133
28 May 2021 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 49,377 $126.03 $6,222,983
28 May 2021
768
19 Mar 2021 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 11,856 $121.36 $1,438,844
19 Mar 2021
50,095
5 Mar 2021 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 41,901 $112.11 $4,697,521
5 Mar 2021
22,431
31 May 2019 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 81,049 $92.87 $7,527,021
31 May 2019
33,535
15 Mar 2019 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 20,057 $88.82 $1,781,463
15 Mar 2019
114,510
12 Mar 2019 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 25,689 $90.77 $2,331,791
12 Mar 2019
51,998
31 May 2018 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 33,999 $79.10 $2,689,321
31 May 2018
78,342
16 Mar 2018 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 25,689 $76.84 $1,973,943
16 Mar 2018
95,014
12 Mar 2018 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 59,777 $76.53 $4,574,734
12 Mar 2018
35,075
14 Mar 2017 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 51,207 $67.29 $3,445,719
14 Mar 2017
94,459
31 May 2016 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 194,984 $53.45 $10,421,895
31 May 2016
61,548
24 Mar 2016 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 135,128 $57.53 $7,773,914
24 Mar 2016
139,628
16 Mar 2016 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 25,710 $57.99 $1,490,923
16 Mar 2016
274,756
23 Mar 2015 Michael Balmuth
EXECUTIVE CHAIRMAN
Option 84,719 $53.19 $4,506,204
23 Mar 2015
191,850
27 May 2014 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 134,376 $68.10 $9,151,006
27 May 2014
68,192
3 Mar 2014 Michael Balmuth
EXECUTIVE CHAIRMAN
Option 150,673 $36.14 $5,445,322
3 Mar 2014
294,930
18 Mar 2013 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 177,910 $55.93 $9,950,506
18 Mar 2013
144,376
14 Jan 2013 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 222,388 $56.33 $12,527,116
14 Jan 2013
322,286
19 Mar 2012 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 258,066 $55.90 $14,425,889
19 Mar 2012
544,262
30 Jan 2012 Michael Balmuth
EXECUTIVE CHAIRMAN
Sale 322,584 $50.59 $16,319,525
30 Jan 2012
802,328
21 Apr 2011 Michael Balmuth
EXECUTIVE CHAIRMAN
Option 26,243 $34.37 $901,972
21 Apr 2011
521,672


Ross Stores executives and stock owners

Ross Stores executives and other stock owners filed with the SEC include: