Last updated: 3 January 2024 at 7:27pm EST

Charles Ergen Net Worth




The estimated Net Worth of Charles W Ergen is at least $57.1 Million dollars as of 31 December 2023. Mr. Ergen owns over 413 units of EchoStar Corp stock worth over $48,823,434 and over the last 17 years he sold SATS stock worth over $0. In addition, he makes $8,243,440 as Executive Chairman of the Board at EchoStar Corp.

Mr. Ergen SATS stock SEC Form 4 insiders trading

Charles has made over 9 trades of the EchoStar Corp stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 413 units of SATS stock worth $9,041 on 31 December 2023.

The largest trade he's ever made was exercising 1,500,000 units of EchoStar Corp stock on 20 May 2019 worth over $57,150,000. On average, Charles trades about 67,134 units every 76 days since 2008. As of 31 December 2023 he still owns at least 2,230,399 units of EchoStar Corp stock.

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





Charles Ergen biography

Charles W. Ergen serves as Executive Chairman of the Board of the Company. Mr. Ergen has served as our executive Chairman since November 2009 and Chairman of the Board of Directors since our formation in 2007. Mr. Ergen served as our Chief Executive Officer from our formation in 2007 until November 2009. Mr. Ergen serves as executive Chairman and has been Chairman of the Board of Directors of DISH and its subsidiaries since its formation and, during the past five years, has held executive officer and director positions with DISH and its subsidiaries, most recently serving as the Chief Executive Officer of DISH and its subsidiaries from March 2015 to December 2017. The Board of Directors concluded that Mr. Ergen should continue to serve as a member of the Board of Directors due to, among other things, his role as our and DISH’s co-founder and as our controlling shareholder and the expertise, leadership and strategic direction that he has contributed to us since our formation, in addition to his extensive experience in our industry.

What is the salary of Charles Ergen?

As the Executive Chairman of the Board of EchoStar Corp, the total compensation of Charles Ergen at EchoStar Corp is $8,243,440. There are no executives at EchoStar Corp getting paid more.



How old is Charles Ergen?

Charles Ergen is 67, he's been the Executive Chairman of the Board of EchoStar Corp since 2009. There are 8 older and 12 younger executives at EchoStar Corp. The oldest executive at EchoStar Corp is Deepak V. Dutt, 76, who is the VP of Investor Relations.

Insiders trading at EchoStar Corp

Over the last 17 years, insiders at EchoStar Corp have traded over $5,174,368 worth of EchoStar Corp stock and bought 244,943 units worth $3,761,679 . The most active insiders traders include Charles Wergen Cantey Ergen, James Defranco, and R Stanton Dodge. On average, EchoStar Corp executives and independent directors trade stock every 34 days with the average trade being worth of $774,403. The most recent stock trade was executed by James Defranco on 8 March 2024, trading 110,000 units of SATS stock currently worth $1,482,800.



What does EchoStar Corp do?

echostar corporation (nasdaq: sats) is the premier global provider of satellite operations and video delivery solutions. echostar’s wholly owned subsidiary, hughes, is the world's leading provider of satellite broadband services, delivering network technologies and managed services in more than 100 countries. headquartered in englewood, colo., with business units worldwide, echostar is a multiple emmy award-winning company that has pioneered advancements in the tv and satellite industries for nearly 30 years, consistently delivering value for customers, partners and investors. over the last three decades, echostar’s innovations in video technology have impacted the way consumers view, receive and manage tv programming, garnering numerous awards in recognition of echostar’s advancements to the media landscape. echostar’s consumer solutions include hughesnet®, north america’s #1 high-speed satellite internet service; sling media's slingbox® products; echostar’s line of advanced digit



What does EchoStar Corp's logo look like?

EchoStar Corp logo

Complete history of Mr. Ergen stock trades at Dish Network Corp and EchoStar Corp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
31 Dec 2023 Charles W Ergen
Chairman
Option 413 $16.57 $6,843
31 Dec 2023
2,230,399
20 May 2019 Charles W Ergen
Chairman
Option 1,500,000 $38.10 $57,150,000
20 May 2019
2,200,678
30 Nov 2015 Charles W Ergen
Chairman
Option 500,000 $29.54 $14,770,000
30 Nov 2015
703,262
12 Nov 2014 Charles W Ergen
Chairman
Option 100,000 $28.06 $2,806,000
12 Nov 2014
203,681
24 Apr 2012 Charles W Ergen
Chairman
Option 96,000 $25.70 $2,467,200
24 Apr 2012
154,578
1 Jan 2023 Charles W Ergen
Chairman
Option 1,178 $14.04 $16,539
1 Jan 2023
1,085,921
1 Jan 2022 Charles W Ergen
Chairman
Option 1,179 $32.44 $38,247
1 Jan 2022
11,301,373
24 Apr 2012 Charles W Ergen
Chairman
Option 1,380,000 $23.14 $31,933,200
24 Apr 2012
2,171,502
14 Nov 2011 Charles W Ergen
Chairman
Option 315,000 $9.09 $2,863,350
14 Nov 2011
793,302


EchoStar Corp executives and stock owners

EchoStar Corp executives and other stock owners filed with the SEC include: