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 21 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.



What does Freeport-McMoRan Inc's logo look like?

Freeport-McMoRan Inc logo

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

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
6 May 2024 Richard C Adkerson
Chairman of the Board
Sale 54,771 $50.78 $2,781,271
6 May 2024
3,652,478
29 Apr 2024 Richard C Adkerson
Chairman of the Board
Option 580,000 $18.98 $11,008,400
29 Apr 2024
4,232,100
1 Feb 2024 Richard C Adkerson
Chairman of the Board
Option 335,000 $30.94 $10,364,900
1 Feb 2024
3,616,774
10 Jan 2023 Richard C Adkerson
Chairman of the Board
Option 450,000 $35.01 $15,754,500
10 Jan 2023
3,193,036
13 Aug 2021 Richard C Adkerson
Chairman of the Board
Option 1,124,167 $15.04 $16,907,472
13 Aug 2021
3,775,049
4 Dec 2020 Richard C Adkerson
Chairman of the Board
Option 1,085,000 $4.35 $4,719,750
4 Dec 2020
3,221,830
5 Mar 2020 Richard C Adkerson
Chairman of the Board
Buy 250,000 $10.02 $2,505,000
5 Mar 2020
2,739,023
6 Jun 2019 Richard C Adkerson
Chairman of the Board
Buy 172,000 $10.14 $1,744,080
6 Jun 2019
192,330
31 Jan 2014 Richard C Adkerson
Chairman of the Board
Option 108,000 $31.07 $3,355,560
31 Jan 2014
2,831,675
9 Feb 2012 Richard C Adkerson
Chairman of the Board
Sale 503,516 $46.50 $23,413,494
9 Feb 2012
1,424,237
2 Feb 2011 Richard C Adkerson
Chairman of the Board
Option 1,000,000 $15.41 $15,410,000
2 Feb 2011
3,328,240
6 Mar 2008 Richard C Adkerson
Chairman of the Board
Sale 18,343 $104.69 $1,920,329
6 Mar 2008
1,522,923
6 Mar 2008 Richard C Adkerson
Chairman of the Board
Option 250,000 $37.04 $9,260,000
6 Mar 2008
1,772,346
10 Dec 2007 Richard C Adkerson
Chairman of the Board
Sale 11,600 $108.46 $1,258,136
10 Dec 2007
1,202,734
10 Dec 2007 Richard C Adkerson
Chairman of the Board
Option 250,000 $37.04 $9,260,000
10 Dec 2007
1,448,721
10 May 2006 Richard C Adkerson
Chairman of the Board
Sale 36,500 $68.98 $2,517,770
10 May 2006
892,545
10 May 2006 Richard C Adkerson
Chairman of the Board
Option 250,000 $37.04 $9,260,000
10 May 2006
1,142,423
31 Jan 2006 Richard C Adkerson
Chairman of the Board
Sale 49,000 $63.94 $3,133,060
31 Jan 2006
934,977
31 Jan 2006 Richard C Adkerson
Chairman of the Board
Option 199,827 $14.36 $2,869,516
31 Jan 2006
1,134,592
2 Nov 2005 Richard C Adkerson
Chairman of the Board
Sale 52,300 $50.21 $2,625,983
2 Nov 2005
651,726
2 Nov 2005 Richard C Adkerson
Chairman of the Board
Option 250,000 $16.94 $4,235,000
2 Nov 2005
901,289
25 Oct 2005 Richard C Adkerson
Chairman of the Board
Sale 400 $48.70 $19,480
25 Oct 2005
651,289
25 Oct 2005 Richard C Adkerson
Chairman of the Board
Option 290,625 $14.77 $4,292,531
25 Oct 2005
941,760
3 Aug 2005 Richard C Adkerson
Chairman of the Board
Sale 10,800 $41.17 $444,636
3 Aug 2005
651,135
3 Aug 2005 Richard C Adkerson
Chairman of the Board
Option 308,855 $13.97 $4,314,704
3 Aug 2005
958,422
25 Feb 2005 Richard C Adkerson
Chairman of the Board
Option 250,000 $35.50 $8,875,000
25 Feb 2005
937,590
17 Feb 2005 Richard C Adkerson
Chairman of the Board
Sale 50,000 $40.00 $2,000,000
17 Feb 2005
687,590
1 Nov 2004 Richard C Adkerson
Chairman of the Board
Option 364,500 $19.03 $6,936,435
1 Nov 2004
1,028,549
2 Mar 2004 Richard C Adkerson
Chairman of the Board
Option 510,500 $19.03 $9,714,815
2 Mar 2004
1,010,530


Freeport-McMoRan Inc executives and stock owners

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