And The Biggest Fish On Wall Street Is.....
The Wall Street Journal has used SEC filings and Thomson Datastream to see which CEO has the biggest $ stake (stock and options) in his firm.
Here are the results:
James Cayne - Bear Stearns (Market value $17.15bn). Stake - $1.02bn
Richard Fuld - Lehman Brothers ($41.14bn). Stake - $851m
Henry Paulson - Goldman Sachs ($71.02bn). Stake - $749.2m
Stan O'Neal - Merrill Lynch ($70.19bn). Stake - $230m
John Mack - Morgan Stanley ($72.34bn). Stake - $217.4m
Other CEOs with a decent stake in their businesses include:
Ken Chenault - American Express ($332m)
Ken Lewis - Bank of America ($331.4m)
As big as these stakes are, however, they are dwarfed by Bill Gates's $24bn holding in Microsoft, and Sergey Brin and Larry Page, the Google boys, who each have a $12bn stake in the company they founded.
Source - The Wall Street Journal
