Ernest Rady Biography and Net Worth

Chairman & CEO of American Assets Trust

Ernest Rady is the founder, president, CEO and chairman of American Assets Inc.

Rady founded the publicly-traded real estate investment trust (REIT) in 1967 and has grown it to a $2.8 billion company. He led American Assets through its 2011 IPO, and has served as its chairman, president, and CEO since 2015. From 2011 to 2015 he was the executive chairman of the board of directors.

With over 50 years of experience in real estate management and development, Rady has been at the helm of 12 different companies throughout his career. That includes founding Insurance Company of the West in 1972, which became a high growth property and casualty carrier (now known as ICW Group Holdings). Additionally, Rady also founded and served as chairman and CEO of Westcorp, a publicly-traded financial services company that sold to Wachovia Corporation in 2006.

Canadian born and educated, Rady has been affiliated with a number of Canadian companies in addition to the U.S. companies he founded and led. His past roles include principal for the San Diego Padres Baseball Club, principal of Summit Resources LLC, director of Washovia Corp, principal of Smith Energy Services Inc, chairman of Wells Fargo Dealer Services Inc, chairman and CEO of Western Financial Bank and chairman and treasurer of Rady Children’s Hospital and Health Center of San Diego.

Rady is also known for his philanthropy in the San Diego community. In 2014, he was named the San Diego Person of the Year by U-T San Diego because of his philanthropic work in the city, including a gift from his family of $120 million to the Rady Children’s Hospital. The gift was used to establish the Rady Pediatric and Genomics and Systems Medicine Institute.

Other beneficiaries of Rady’s generosity include the UCSD Rady School of Management, the Salvation Army, and the Rady Faculty of Health Sciences at the University of Manitoba. His other volunteer efforts have included serving as the chairman of the Dean’s Advisory Council of the Rady School of Management at UC San Diego, as a trustee of the Salk Institute for Biological Science and active roles in the Chief Executives Organization and YPO Gold.

Rady received both his undergraduate and graduate degrees from the University of Manitoba, as well as an honorary degree of doctor of laws.

What is Ernest S. Rady's net worth?: The estimated net worth of Ernest S. Rady is at least $19.24 million as of May 12th, 2023. Mr. Rady owns 1,009,021 shares of American Assets Trust stock worth more than $19,236,985 as of May 7th. This net worth approximation does not reflect any other investments that Mr. Rady may own. Additionally, Mr. Rady receives an annual salary of $3,060,000.00 as Chairman & CEO at American Assets Trust. Learn More about Ernest S. Rady's net worth.
How old is Ernest S. Rady?: Mr. Rady is currently 87 years old. There are 4 older executives and no younger executives at American Assets Trust. Learn More on Ernest S. Rady's age.
What is Ernest S. Rady's salary?: As the Chairman & CEO of American Assets Trust, Inc., Mr. Rady earns $3,060,000.00 per year. Learn More on Ernest S. Rady's salary.
How do I contact Ernest S. Rady?: The corporate mailing address for Mr. Rady and other American Assets Trust executives is 11455 EL CAMINO REAL SUITE 200, SAN DIEGO CA, 92130. American Assets Trust can also be reached via phone at (858) 350-2600. Learn More on Ernest S. Rady's contact information.
Has Ernest S. Rady been buying or selling shares of American Assets Trust?: Ernest S. Rady has not been actively trading shares of American Assets Trust within the last three months. Most recently, on Friday, May 12th, Ernest S. Rady bought 100,000 shares of American Assets Trust stock. The stock was acquired at an average cost of $18.76 per share, with a total value of $1,876,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,009,021 shares of the company's stock, valued at $18,929,233.96. Learn More on Ernest S. Rady's trading history.
Who are American Assets Trust's active insiders?: American Assets Trust's insider roster includes Ernest Rady (Chairman & CEO), and Adam Wyll (President and Chief Executive Officer). Learn More on American Assets Trust's active insiders.
Are insiders buying or selling shares of American Assets Trust?: In the last twelve months, insiders at the real estate investment trust sold shares 1 times. They sold a total of 30,238 shares worth more than $853,316.36. The most recent insider tranaction occured on December, 3rd when COO Adam Wyll sold 30,238 shares worth more than $853,316.36. Insiders at American Assets Trust own 36.8% of the company. Learn More about insider trades at American Assets Trust.
Information on this page was last updated on 12/3/2024.

Ernest S. Rady Insider Trading History at American Assets Trust

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/12/2023	Buy	100,000	$18.76	$1,876,000.00	1,009,021
5/10/2023	Buy	42,140	$18.84	$793,917.60	861,481
5/8/2023	Buy	100,000	$18.93	$1,893,000.00	7,677,628
5/5/2023	Buy	100,000	$18.89	$1,889,000.00	7,577,628
5/3/2023	Buy	100,000	$17.66	$1,766,000.00	7,397,628
5/1/2023	Buy	120,000	$17.99	$2,158,800.00	7,197,628
3/9/2023	Buy	40,000	$21.98	$879,200.00	7,077,628
11/4/2022	Buy	20,000	$28.35	$567,000.00	6,987,855
11/2/2022	Buy	20,000	$27.75	$555,000.00	6,977,855
10/31/2022	Buy	20,000	$27.30	$546,000.00	2,247,022
9/15/2022	Buy	87,324	$26.99	$2,356,874.76	6,942,855
9/12/2022	Buy	10,000	$28.49	$284,900.00	6,892,855
9/8/2022	Buy	20,000	$27.96	$559,200.00	6,872,855
8/29/2022	Buy	20,000	$28.66	$573,200.00	6,817,855
8/26/2022	Buy	10,000	$28.55	$285,500.00	6,797,855
8/24/2022	Buy	2,700	$28.39	$76,653.00	6,772,855
8/22/2022	Buy	10,000	$28.90	$289,000.00	6,755,155
8/19/2022	Buy	12,671	$29.60	$375,061.60	6,745,155
8/17/2022	Buy	20,000	$29.87	$597,400.00	6,717,484
8/15/2022	Buy	16,700	$30.64	$511,688.00	6,677,484
8/10/2022	Buy	10,000	$29.80	$298,000.00	6,650,784
8/8/2022	Buy	10,000	$29.75	$297,500.00	6,630,784
8/5/2022	Buy	10,000	$28.80	$288,000.00	2,189,698
8/3/2022	Buy	10,000	$29.40	$294,000.00	6,610,784
8/1/2022	Buy	10,000	$30.00	$300,000.00	6,585,784
6/15/2022	Buy	10,000	$29.94	$299,400.00	2,179,698
6/13/2022	Buy	10,000	$29.45	$294,500.00	2,159,698
6/6/2022	Buy	10,000	$32.71	$327,100.00	2,147,816
6/1/2022	Buy	10,000	$33.71	$337,100.00	2,137,816
5/25/2022	Buy	10,000	$32.80	$328,000.00	2,127,816
5/23/2022	Buy	1,197	$32.15	$38,483.55	2,107,816
5/18/2022	Buy	10,000	$33.00	$330,000.00	2,096,619
5/16/2022	Buy	10,000	$32.70	$327,000.00	2,086,619
5/12/2022	Buy	10,000	$32.00	$320,000.00	2,066,619
5/10/2022	Buy	10,000	$32.91	$329,100.00	2,046,619
5/5/2022	Buy	10,000	$35.21	$352,100.00	2,026,619
5/3/2022	Buy	9,614	$35.37	$340,047.18	2,009,039
3/14/2022	Buy	7,238	$35.98	$260,423.24
3/8/2022	Buy	4,800	$36.82	$176,736.00
2/24/2022	Buy	3,471	$34.90	$121,137.90
2/22/2022	Buy	10,000	$36.02	$360,200.00
2/17/2022	Buy	3,104	$36.73	$114,009.92
2/14/2022	Buy	10,000	$34.90	$349,000.00
12/29/2021	Buy	12,057	$36.48	$439,839.36
12/27/2021	Buy	2,964	$36.27	$107,504.28
12/22/2021	Buy	17,107	$36.15	$618,418.05
12/20/2021	Buy	600	$34.30	$20,580.00
12/17/2021	Buy	20,000	$35.62	$712,400.00
12/15/2021	Buy	1,599	$34.97	$55,917.03
12/13/2021	Buy	847	$35.67	$30,212.49
12/9/2021	Buy	769	$35.49	$27,291.81
12/6/2021	Buy	4,479	$36.44	$163,214.76
12/3/2021	Buy	9,722	$34.84	$338,714.48
12/1/2021	Buy	10,000	$35.39	$353,900.00
11/29/2021	Buy	600	$34.99	$20,994.00
11/26/2021	Buy	10,000	$35.61	$356,100.00
11/24/2021	Buy	3,750	$38.00	$142,500.00
11/22/2021	Buy	2,628	$38.04	$99,969.12
11/18/2021	Buy	10,000	$37.85	$378,500.00
11/11/2021	Buy	2,107	$39.12	$82,425.84
11/8/2021	Buy	5,000	$39.56	$197,800.00
11/4/2021	Buy	10,000	$38.43	$384,300.00
9/14/2021	Buy	4,210	$38.99	$164,147.90
9/10/2021	Buy	5,000	$38.62	$193,100.00
8/30/2021	Buy	2,543	$38.72	$98,464.96
8/26/2021	Buy	9,818	$38.24	$375,440.32
8/24/2021	Buy	4,609	$38.02	$175,234.18
8/19/2021	Buy	9,952	$37.42	$372,403.84
8/11/2021	Buy	801	$37.80	$30,277.80
8/9/2021	Buy	5,426	$37.57	$203,854.82
8/6/2021	Buy	9,940	$37.88	$376,527.20
8/4/2021	Buy	9,941	$36.50	$362,846.50
8/2/2021	Buy	10,000	$37.06	$370,600.00
6/4/2021	Buy	518	$37.75	$19,554.50
5/12/2021	Buy	20,000	$33.74	$674,800.00
5/10/2021	Buy	20,000	$35.37	$707,400.00
5/7/2021	Buy	10,872	$35.01	$380,628.72
5/5/2021	Buy	20,000	$33.78	$675,600.00
5/3/2021	Buy	20,000	$35.29	$705,800.00
3/3/2021	Buy	5,000	$33.87	$169,350.00
2/22/2021	Buy	117,998	$29.50	$3,480,941.00
11/30/2020	Buy	45,008	$28.99	$1,304,781.92
11/20/2020	Buy	2,194	$28.77	$63,121.38
11/11/2020	Buy	11,212	$25.58	$286,802.96
11/9/2020	Buy	12,664	$24.59	$311,407.76
11/6/2020	Buy	65,000	$21.13	$1,373,450.00
11/4/2020	Buy	175,739	$21.64	$3,802,991.96
9/14/2020	Buy	25,412	$25.32	$643,431.84
9/11/2020	Buy	20,000	$24.69	$493,800.00
8/24/2020	Buy	905	$25.13	$22,742.65
8/21/2020	Buy	10,000	$25.06	$250,600.00
3/11/2020	Buy	25,093	$35.64	$894,314.52
3/6/2020	Buy	10,000	$41.33	$413,300.00
3/4/2020	Buy	9,919	$42.94	$425,921.86
2/28/2020	Buy	8,313	$40.97	$340,583.61
2/26/2020	Buy	12,085	$43.94	$531,014.90
2/20/2019	Buy	450	$43.64	$19,638.00
12/31/2018	Buy	10,805	$39.84	$430,471.20
12/31/2018	Buy	700	$39.84	$27,888.00
12/26/2018	Buy	1,799	$38.35	$68,991.65
11/28/2018	Buy	7,668	$39.65	$304,036.20
11/26/2018	Buy	5,844	$39.46	$230,604.24
11/23/2018	Buy	10	$39.36	$393.60
11/21/2018	Buy	9,626	$39.75	$382,633.50
11/19/2018	Buy	19,627	$39.42	$773,696.34
11/15/2018	Buy	33,967	$38.95	$1,323,014.65
11/12/2018	Buy	8,606	$39.42	$339,248.52
11/9/2018	Buy	13,002	$39.08	$508,118.16
8/8/2018	Buy	7,001	$38.67	$270,728.67
8/6/2018	Buy	5,000	$38.78	$193,900.00
6/13/2018	Buy	11,718	$37.12	$434,972.16
6/11/2018	Buy	1,718	$37.26	$64,012.68
6/4/2018	Buy	10,000	$36.48	$364,800.00
5/18/2018	Buy	44,367	$34.41	$1,526,668.47
5/14/2018	Buy	64,125	$35.04	$2,246,940.00
5/11/2018	Buy	4,710	$35.17	$165,650.70
5/9/2018	Buy	47,562	$34.90	$1,659,913.80
5/7/2018	Buy	3,300	$34.73	$114,609.00
3/14/2018	Buy	259,583	$32.95	$8,553,259.85
3/9/2018	Buy	67,961	$32.20	$2,188,344.20
3/7/2018	Buy	104,715	$32.21	$3,372,870.15
3/5/2018	Buy	36,399	$32.17	$1,170,955.83
3/2/2018	Buy	132,240	$31.71	$4,193,330.40
2/27/2018	Buy	64,775	$32.56	$2,109,074.00
2/23/2018	Buy	105,101	$32.65	$3,431,547.65
2/21/2018	Buy	94,155	$32.31	$3,042,148.05
12/13/2017	Buy	2,334	$39.23	$91,562.82
12/11/2017	Buy	8,063	$38.80	$312,844.40
12/8/2017	Buy	15,034	$38.47	$578,357.98
12/6/2017	Buy	27,673	$38.73	$1,071,775.29
12/4/2017	Buy	100	$39.49	$3,949.00
12/1/2017	Buy	11,271	$39.22	$442,048.62
11/29/2017	Buy	26,626	$39.27	$1,045,603.02
11/27/2017	Buy	10,789	$39.20	$422,928.80
11/24/2017	Buy	8,672	$39.43	$341,936.96
11/21/2017	Buy	40,167	$39.34	$1,580,169.78
11/17/2017	Buy	5,825	$39.46	$229,854.50
11/8/2017	Buy	85,155	$38.84	$3,307,420.20
11/6/2017	Buy	26,230	$38.62	$1,013,002.60
9/11/2017	Buy	1,010	$40.79	$41,197.90
9/8/2017	Buy	46,834	$40.79	$1,910,358.86
9/7/2017	Buy	21,553	$40.83	$880,008.99
9/1/2017	Buy	9,567	$40.60	$388,420.20
8/31/2017	Buy	3,955	$40.54	$160,335.70
8/30/2017	Buy	42,530	$40.30	$1,713,959.00
8/29/2017	Buy	17,170	$40.32	$692,294.40
8/28/2017	Buy	14,692	$40.35	$592,822.20
8/25/2017	Buy	9,438	$40.45	$381,767.10
8/24/2017	Buy	6,536	$40.45	$264,381.20
8/23/2017	Buy	34,037	$40.24	$1,369,648.88
8/18/2017	Buy	37,498	$40.10	$1,503,669.80
8/17/2017	Buy	18,292	$40.35	$738,082.20
8/16/2017	Buy	44,542	$40.48	$1,803,060.16
8/11/2017	Buy	46,508	$40.00	$1,860,320.00
8/10/2017	Buy	17,379	$40.11	$697,071.69
8/9/2017	Buy	52,778	$40.17	$2,120,092.26
6/14/2017	Buy	37,738	$40.84	$1,541,219.92
6/13/2017	Buy	16,419	$40.91	$671,701.29
6/12/2017	Buy	3,321	$40.97	$136,061.37
6/9/2017	Buy	42,950	$40.25	$1,728,737.50
6/6/2017	Buy	71,110	$39.73	$2,825,200.30
5/31/2017	Buy	31,200	$39.11	$1,220,232.00
5/26/2017	Buy	32,684	$39.50	$1,291,018.00
5/24/2017	Buy	98,151	$39.34	$3,861,260.34
5/23/2017	Buy	31,381	$39.08	$1,226,369.48
5/22/2017	Buy	39,043	$39.32	$1,535,170.76
5/19/2017	Buy	46,140	$39.21	$1,809,149.40
5/17/2017	Buy	47,976	$38.55	$1,849,474.80
5/15/2017	Buy	39,056	$39.40	$1,538,806.40
3/10/2017	Buy	24,434	$41.21	$1,006,925.14
3/8/2017	Buy	16,623	$41.77	$694,342.71
3/7/2017	Buy	26,060	$42.60	$1,110,156.00
3/3/2017	Buy	13,060	$42.98	$561,318.80
3/2/2017	Buy	19,970	$43.10	$860,707.00
2/28/2017	Buy	35,200	$44.00	$1,548,800.00
2/24/2017	Buy	10,407	$43.92	$457,075.44
2/22/2017	Buy	4,246	$43.86	$186,229.56
12/6/2016	Buy	1,506	$39.98	$60,209.88
11/10/2016	Buy	60,000	$39.55	$2,373,000.00
9/12/2016	Buy	65,000	$43.06	$2,798,900.00
3/4/2016	Buy	5,500	$37.67	$207,185.00	68,175
3/3/2016	Buy	33,948	$37.67	$1,278,821.16	68,175
12/14/2015	Buy	18,000	$38.07	$685,260.00	68,175
12/7/2015	Buy	30,000	$38.91	$1,167,300.00	77,577
11/13/2015	Buy	25,743	$39.44	$1,015,303.92	47,186
6/9/2015	Buy	75,785	$39.40	$2,985,929.00
6/8/2015	Buy	24,215	$39.38	$953,586.70
3/9/2015	Buy	200,000	$40.54	$8,108,000.00
12/3/2014	Buy	5,000	$39.12	$195,600.00
9/12/2014	Buy	400,000	$33.76	$13,504,000.00
8/5/2014	Buy	10,000	$34.63	$346,300.00
6/12/2014	Buy	5,000	$33.70	$168,500.00
6/10/2014	Buy	5,000	$34.15	$170,750.00
6/3/2013	Buy	10,000	$32.45	$324,500.00
5/13/2013	Buy	5,000	$35.10	$175,500.00
12/7/2012	Buy	10,000	$27.11	$271,100.00
8/15/2012	Buy	1,500	$25.87	$38,805.00

See Full Table

Ernest S. Rady Buying and Selling Activity at American Assets Trust

American Assets Trust Company Overview

American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust ("REIT"), headquartered in San Diego, California. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii. The company's office portfolio comprises approximately 4.1 million rentable square feet, and its retail portfolio comprises approximately 3.1 million rentable square feet. In addition, the company owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,110 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.

Today's Range

Now: $19.07

$18.99

$19.17

50 Day Range

MA: $19.63

$17.27

$22.45

2 Week Range

Now: $19.07

$16.69

$29.15

Volume

80,484 shs

Average Volume

312,568 shs

Market Capitalization

$1.17 billion

P/E Ratio

21.46

Dividend Yield

7.12%

Beta

1.13

Ernest Rady Biography and Net Worth

What is Ernest S. Rady's net worth?

How old is Ernest S. Rady?

What is Ernest S. Rady's salary?

How do I contact Ernest S. Rady?

Has Ernest S. Rady been buying or selling shares of American Assets Trust?

Who are American Assets Trust's active insiders?

Are insiders buying or selling shares of American Assets Trust?