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.
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 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.
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 GalperÃn having the highest compensation of $21,509,523.
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.
Meyer's mailing address filed with the SEC is C/O RIBBIT CAPITAL, 364 UNIVERSITY AVE., PALO ALTO, CA, 94301.
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.
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.
MercadoLibre Inc executives and other stock owners filed with the SEC include: