Last updated: 2 July 2024 at 7:03pm EST

Meyer Malka Rais Net Worth




The estimated Net Worth of Meyer Malka is at least $31.9 Million dollars as of 30 June 2024. Mr. Malka owns over 1,433 units of MercadoLibre Inc stock worth over $31,690,681 and over the last 6 years he sold MELI stock worth over $0. In addition, he makes $236,836 as Independent Director at MercadoLibre Inc.

Mr. Rais MELI stock SEC Form 4 insiders trading

Meyer has made over 17 trades of the MercadoLibre Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 1,433 units of MELI stock worth $2,931,746 on 30 June 2024.

The largest trade he's ever made was buying 753,976 units of MercadoLibre Inc stock on 30 December 2020 worth over $12,478,303. On average, Meyer trades about 44,035 units every 112 days since 2018. As of 30 June 2024 he still owns at least 15,490 units of MercadoLibre Inc stock.

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





Meyer Malka Rais biography

Meyer Malka Rais is an Independent Director of Mercadolibre Inc. Mr. Malka is the managing partner and founder of Ribbit Capital, a venture capital fund focused on investing in innovative companies in the financial services sector, a position he has held since May 2012. Mr. Malka has more than twenty years of experience building and investing in technology and financial services across three continents. Mr. Malka currently serves on the boards of several companies, including Credit Karma, Inc., a free credit and financial management platform; LendingHome Corporation, the largest online marketplace for home mortgages; Invoice2go, Inc., which offers invoicing solutions to small businesses on mobile applications; and Brex, Inc., a payments company offering the first corporate credit card for startups, among others. In 1991, at the age of 18, Mr. Malka co-founded Heptagon Group, a securities and investment broker dealer servicing the Venezuelan and U.S. markets, where he served as chief operating officer. In 1998, Mr. Malka developed the online brokerage Patagon.com, Inc., which became Latin America’s first comprehensive Internet-based financial services portal and dealer until its acquisition in March 2000 by the Spanish bank Banco Santander. In 2003, he co-founded Banco Lemon, a Brazilian retail bank serving the underbanked population, which went on to become one of the largest private microfinance institutions in Brazil until 2009 when it was acquired by Banco do Brasil, Latin America’s largest bank. In July 2008, Mr. Malka co-founded and was co-chief executive officer of Bling Nation Ltd., a Palo Alto-based mobile payments private company, until July 2011 when it evolved into Lemon Inc, which was then acquired by LifeLock in 2013. In May 2011, Mr. Malka co-founded Banco Bracce, a Brazilian financial banking institution specializing in lending for mid-sized companies in Brazil. Banco Bracce was sold in 2014.

What is the salary of Meyer Rais?

As the Independent Director of MercadoLibre Inc, the total compensation of Meyer Rais at MercadoLibre Inc is $236,836. There are 11 executives at MercadoLibre Inc getting paid more, with Marcos Eduardo Galperín having the highest compensation of $21,509,523.



How old is Meyer Rais?

Meyer Rais is 45, he's been the Independent Director of MercadoLibre Inc since 2013. There are 15 older and 2 younger executives at MercadoLibre Inc. The oldest executive at MercadoLibre Inc is Mario Vazquez, 84, who is the Independent Director.

What's Meyer Rais's mailing address?

Meyer's mailing address filed with the SEC is C/O RIBBIT CAPITAL, 364 UNIVERSITY AVE., PALO ALTO, CA, 94301.

Insiders trading at MercadoLibre Inc

Over the last 17 years, insiders at MercadoLibre Inc have traded over $1,518,907,493 worth of MercadoLibre Inc stock and bought 68,961 units worth $23,202,864 . The most active insiders traders include Anton J Levy, Inc Ebay, and Marcos Galperin. On average, MercadoLibre Inc executives and independent directors trade stock every 77 days with the average trade being worth of $367,008,367. The most recent stock trade was executed by La Serna Juan Martin De on 7 March 2023, trading 300 units of MELI stock currently worth $377,250.



What does MercadoLibre Inc do?

founded in 1999 and headquartered in buenos aires, argentina, mercadolibre is latin america’s leading e-commerce technology company. through its primary platforms, mercadolibre.com and mercadopago.com, it provides solutions to individuals and companies buying, selling, advertising, and paying for goods online. mercadolibre.com serves millions of users and creates a market for a wide variety of goods and services in an easy, safe and efficient way. the site is among the top 50 in the world in terms of page views and is the leading retail platform in unique visitors in each country in which it operates according to metrics provided by comscore networks. mercadolibre maintains a leadership position in 13 latin american countries. the company listed on nasdaq (nasdaq: meli) following its initial public offering in 2007.



What does MercadoLibre Inc's logo look like?

MercadoLibre Inc logo

Complete history of Mr. Malka stock trades at MercadoLibre Inc, Root, and Robinhood Markets, Class A Common Stock

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
30 Jun 2024 Meyer Malka
Option 1,433 $22.71 $32,543
30 Jun 2024
15,490
25 Jun 2024 Meyer Malka
Option 5,625 $22.14 $124,538
25 Jun 2024
13,410
31 Mar 2024 Meyer Malka
Option 7,059 $20.13 $142,098
31 Mar 2024
54,340
31 Dec 2023 Meyer Malka
Option 7,058 $12.74 $89,919
31 Dec 2023
46,555
30 Sep 2023 Meyer Malka
Option 7,058 $9.81 $69,239
30 Sep 2023
57,580
30 Jun 2023 Meyer Malka
Option 1,434 $9.98 $14,311
30 Jun 2023
49,032
19 Jun 2023 Meyer Malka
Option 7,510 $10.03 $75,325
19 Jun 2023
46,133
31 Mar 2023 Meyer Malka
Option 8,943 $9.71 $86,837
31 Mar 2023
38,623
31 Dec 2022 Meyer Malka
Option 8,944 $8.14 $72,804
31 Dec 2022
28,174
30 Sep 2022 Meyer Malka
Option 8,943 $10.10 $90,324
30 Sep 2022
17,434
30 Jun 2022 Meyer Malka
Option 1,433 $8.22 $11,779
30 Jun 2022
7,043
21 Jun 2022 Meyer Malka
Option 3,388 $7.55 $25,579
21 Jun 2022
3,831
31 Mar 2022 Meyer Malka
Option 335 $13.51 $4,526
31 Mar 2022
443
30 Dec 2020 Meyer Malka
10% owner
Buy 753,976 $16.55 $12,478,303
30 Dec 2020
1,753,976
13 Mar 2020 Meyer Malka
Director
Buy 5,870 $522.22 $3,065,431
13 Mar 2020
55,848
12 Jun 2018 Meyer Malka
Director
Buy 49,978 $298.89 $14,937,924
12 Jun 2018
49,978
22 May 2018 Meyer Malka
Director
Buy 1,708 $292.65 $499,846
22 May 2018
1,708


MercadoLibre Inc executives and stock owners

MercadoLibre Inc executives and other stock owners filed with the SEC include: