Ernest S.  Rady net worth and biography

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 $26.59 million as of May 12th, 2023. Mr. Rady owns 1,009,021 shares of American Assets Trust stock worth more than $26,587,703 as of December 26th. 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 during the last ninety days. 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.

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 37.3% 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 DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/12/2023Buy100,000$18.76$1,876,000.001,009,021View SEC Filing Icon  
5/10/2023Buy42,140$18.84$793,917.60861,481View SEC Filing Icon  
5/8/2023Buy100,000$18.93$1,893,000.007,677,628View SEC Filing Icon  
5/5/2023Buy100,000$18.89$1,889,000.007,577,628View SEC Filing Icon  
5/3/2023Buy100,000$17.66$1,766,000.007,397,628View SEC Filing Icon  
5/1/2023Buy120,000$17.99$2,158,800.007,197,628View SEC Filing Icon  
3/9/2023Buy40,000$21.98$879,200.007,077,628View SEC Filing Icon  
11/4/2022Buy20,000$28.35$567,000.006,987,855View SEC Filing Icon  
11/2/2022Buy20,000$27.75$555,000.006,977,855View SEC Filing Icon  
10/31/2022Buy20,000$27.30$546,000.002,247,022View SEC Filing Icon  
9/15/2022Buy87,324$26.99$2,356,874.766,942,855View SEC Filing Icon  
9/12/2022Buy10,000$28.49$284,900.006,892,855View SEC Filing Icon  
9/8/2022Buy20,000$27.96$559,200.006,872,855View SEC Filing Icon  
8/29/2022Buy20,000$28.66$573,200.006,817,855View SEC Filing Icon  
8/26/2022Buy10,000$28.55$285,500.006,797,855View SEC Filing Icon  
8/24/2022Buy2,700$28.39$76,653.006,772,855View SEC Filing Icon  
8/22/2022Buy10,000$28.90$289,000.006,755,155View SEC Filing Icon  
8/19/2022Buy12,671$29.60$375,061.606,745,155View SEC Filing Icon  
8/17/2022Buy20,000$29.87$597,400.006,717,484View SEC Filing Icon  
8/15/2022Buy16,700$30.64$511,688.006,677,484View SEC Filing Icon  
8/10/2022Buy10,000$29.80$298,000.006,650,784View SEC Filing Icon  
8/8/2022Buy10,000$29.75$297,500.006,630,784View SEC Filing Icon  
8/5/2022Buy10,000$28.80$288,000.002,189,698View SEC Filing Icon  
8/3/2022Buy10,000$29.40$294,000.006,610,784View SEC Filing Icon  
8/1/2022Buy10,000$30.00$300,000.006,585,784View SEC Filing Icon  
6/15/2022Buy10,000$29.94$299,400.002,179,698View SEC Filing Icon  
6/13/2022Buy10,000$29.45$294,500.002,159,698View SEC Filing Icon  
6/6/2022Buy10,000$32.71$327,100.002,147,816View SEC Filing Icon  
6/1/2022Buy10,000$33.71$337,100.002,137,816View SEC Filing Icon  
5/25/2022Buy10,000$32.80$328,000.002,127,816View SEC Filing Icon  
5/23/2022Buy1,197$32.15$38,483.552,107,816View SEC Filing Icon  
5/18/2022Buy10,000$33.00$330,000.002,096,619View SEC Filing Icon  
5/16/2022Buy10,000$32.70$327,000.002,086,619View SEC Filing Icon  
5/12/2022Buy10,000$32.00$320,000.002,066,619View SEC Filing Icon  
5/10/2022Buy10,000$32.91$329,100.002,046,619View SEC Filing Icon  
5/5/2022Buy10,000$35.21$352,100.002,026,619View SEC Filing Icon  
5/3/2022Buy9,614$35.37$340,047.182,009,039View SEC Filing Icon  
3/14/2022Buy7,238$35.98$260,423.24View SEC Filing Icon  
3/8/2022Buy4,800$36.82$176,736.00View SEC Filing Icon  
2/24/2022Buy3,471$34.90$121,137.90View SEC Filing Icon  
2/22/2022Buy10,000$36.02$360,200.00View SEC Filing Icon  
2/17/2022Buy3,104$36.73$114,009.92View SEC Filing Icon  
2/14/2022Buy10,000$34.90$349,000.00View SEC Filing Icon  
12/29/2021Buy12,057$36.48$439,839.36View SEC Filing Icon  
12/27/2021Buy2,964$36.27$107,504.28View SEC Filing Icon  
12/22/2021Buy17,107$36.15$618,418.05View SEC Filing Icon  
12/20/2021Buy600$34.30$20,580.00View SEC Filing Icon  
12/17/2021Buy20,000$35.62$712,400.00View SEC Filing Icon  
12/15/2021Buy1,599$34.97$55,917.03View SEC Filing Icon  
12/13/2021Buy847$35.67$30,212.49View SEC Filing Icon  
12/9/2021Buy769$35.49$27,291.81View SEC Filing Icon  
12/6/2021Buy4,479$36.44$163,214.76View SEC Filing Icon  
12/3/2021Buy9,722$34.84$338,714.48View SEC Filing Icon  
12/1/2021Buy10,000$35.39$353,900.00View SEC Filing Icon  
11/29/2021Buy600$34.99$20,994.00View SEC Filing Icon  
11/26/2021Buy10,000$35.61$356,100.00View SEC Filing Icon  
11/24/2021Buy3,750$38.00$142,500.00View SEC Filing Icon  
11/22/2021Buy2,628$38.04$99,969.12View SEC Filing Icon  
11/18/2021Buy10,000$37.85$378,500.00View SEC Filing Icon  
11/11/2021Buy2,107$39.12$82,425.84View SEC Filing Icon  
11/8/2021Buy5,000$39.56$197,800.00View SEC Filing Icon  
11/4/2021Buy10,000$38.43$384,300.00View SEC Filing Icon  
9/14/2021Buy4,210$38.99$164,147.90View SEC Filing Icon  
9/10/2021Buy5,000$38.62$193,100.00View SEC Filing Icon  
8/30/2021Buy2,543$38.72$98,464.96View SEC Filing Icon  
8/26/2021Buy9,818$38.24$375,440.32View SEC Filing Icon  
8/24/2021Buy4,609$38.02$175,234.18View SEC Filing Icon  
8/19/2021Buy9,952$37.42$372,403.84View SEC Filing Icon  
8/11/2021Buy801$37.80$30,277.80View SEC Filing Icon  
8/9/2021Buy5,426$37.57$203,854.82View SEC Filing Icon  
8/6/2021Buy9,940$37.88$376,527.20View SEC Filing Icon  
8/4/2021Buy9,941$36.50$362,846.50View SEC Filing Icon  
8/2/2021Buy10,000$37.06$370,600.00View SEC Filing Icon  
6/4/2021Buy518$37.75$19,554.50View SEC Filing Icon  
5/12/2021Buy20,000$33.74$674,800.00View SEC Filing Icon  
5/10/2021Buy20,000$35.37$707,400.00View SEC Filing Icon  
5/7/2021Buy10,872$35.01$380,628.72View SEC Filing Icon  
5/5/2021Buy20,000$33.78$675,600.00View SEC Filing Icon  
5/3/2021Buy20,000$35.29$705,800.00View SEC Filing Icon  
3/3/2021Buy5,000$33.87$169,350.00View SEC Filing Icon  
2/22/2021Buy117,998$29.50$3,480,941.00
11/30/2020Buy45,008$28.99$1,304,781.92View SEC Filing Icon  
11/20/2020Buy2,194$28.77$63,121.38
11/11/2020Buy11,212$25.58$286,802.96View SEC Filing Icon  
11/9/2020Buy12,664$24.59$311,407.76View SEC Filing Icon  
11/6/2020Buy65,000$21.13$1,373,450.00View SEC Filing Icon  
11/4/2020Buy175,739$21.64$3,802,991.96View SEC Filing Icon  
9/14/2020Buy25,412$25.32$643,431.84View SEC Filing Icon  
9/11/2020Buy20,000$24.69$493,800.00View SEC Filing Icon  
8/24/2020Buy905$25.13$22,742.65View SEC Filing Icon  
8/21/2020Buy10,000$25.06$250,600.00View SEC Filing Icon  
3/11/2020Buy25,093$35.64$894,314.52View SEC Filing Icon  
3/6/2020Buy10,000$41.33$413,300.00View SEC Filing Icon  
3/4/2020Buy9,919$42.94$425,921.86View SEC Filing Icon  
2/28/2020Buy8,313$40.97$340,583.61View SEC Filing Icon  
2/26/2020Buy12,085$43.94$531,014.90View SEC Filing Icon  
2/20/2019Buy450$43.64$19,638.00View SEC Filing Icon  
12/31/2018Buy10,805$39.84$430,471.20View SEC Filing Icon  
12/31/2018Buy700$39.84$27,888.00View SEC Filing Icon  
12/26/2018Buy1,799$38.35$68,991.65View SEC Filing Icon  
11/28/2018Buy7,668$39.65$304,036.20View SEC Filing Icon  
11/26/2018Buy5,844$39.46$230,604.24View SEC Filing Icon  
11/23/2018Buy10$39.36$393.60View SEC Filing Icon  
11/21/2018Buy9,626$39.75$382,633.50View SEC Filing Icon  
11/19/2018Buy19,627$39.42$773,696.34View SEC Filing Icon  
11/15/2018Buy33,967$38.95$1,323,014.65View SEC Filing Icon  
11/12/2018Buy8,606$39.42$339,248.52View SEC Filing Icon  
11/9/2018Buy13,002$39.08$508,118.16View SEC Filing Icon  
8/8/2018Buy7,001$38.67$270,728.67View SEC Filing Icon  
8/6/2018Buy5,000$38.78$193,900.00View SEC Filing Icon  
6/13/2018Buy11,718$37.12$434,972.16View SEC Filing Icon  
6/11/2018Buy1,718$37.26$64,012.68View SEC Filing Icon  
6/4/2018Buy10,000$36.48$364,800.00View SEC Filing Icon  
5/18/2018Buy44,367$34.41$1,526,668.47View SEC Filing Icon  
5/14/2018Buy64,125$35.04$2,246,940.00View SEC Filing Icon  
5/11/2018Buy4,710$35.17$165,650.70View SEC Filing Icon  
5/9/2018Buy47,562$34.90$1,659,913.80View SEC Filing Icon  
5/7/2018Buy3,300$34.73$114,609.00View SEC Filing Icon  
3/14/2018Buy259,583$32.95$8,553,259.85View SEC Filing Icon  
3/9/2018Buy67,961$32.20$2,188,344.20View SEC Filing Icon  
3/7/2018Buy104,715$32.21$3,372,870.15View SEC Filing Icon  
3/5/2018Buy36,399$32.17$1,170,955.83View SEC Filing Icon  
3/2/2018Buy132,240$31.71$4,193,330.40View SEC Filing Icon  
2/27/2018Buy64,775$32.56$2,109,074.00View SEC Filing Icon  
2/23/2018Buy105,101$32.65$3,431,547.65View SEC Filing Icon  
2/21/2018Buy94,155$32.31$3,042,148.05View SEC Filing Icon  
12/13/2017Buy2,334$39.23$91,562.82View SEC Filing Icon  
12/11/2017Buy8,063$38.80$312,844.40View SEC Filing Icon  
12/8/2017Buy15,034$38.47$578,357.98View SEC Filing Icon  
12/6/2017Buy27,673$38.73$1,071,775.29View SEC Filing Icon  
12/4/2017Buy100$39.49$3,949.00View SEC Filing Icon  
12/1/2017Buy11,271$39.22$442,048.62View SEC Filing Icon  
11/29/2017Buy26,626$39.27$1,045,603.02View SEC Filing Icon  
11/27/2017Buy10,789$39.20$422,928.80View SEC Filing Icon  
11/24/2017Buy8,672$39.43$341,936.96View SEC Filing Icon  
11/21/2017Buy40,167$39.34$1,580,169.78View SEC Filing Icon  
11/17/2017Buy5,825$39.46$229,854.50View SEC Filing Icon  
11/8/2017Buy85,155$38.84$3,307,420.20View SEC Filing Icon  
11/6/2017Buy26,230$38.62$1,013,002.60View SEC Filing Icon  
9/11/2017Buy1,010$40.79$41,197.90View SEC Filing Icon  
9/8/2017Buy46,834$40.79$1,910,358.86View SEC Filing Icon  
9/7/2017Buy21,553$40.83$880,008.99View SEC Filing Icon  
9/1/2017Buy9,567$40.60$388,420.20View SEC Filing Icon  
8/31/2017Buy3,955$40.54$160,335.70View SEC Filing Icon  
8/30/2017Buy42,530$40.30$1,713,959.00View SEC Filing Icon  
8/29/2017Buy17,170$40.32$692,294.40View SEC Filing Icon  
8/28/2017Buy14,692$40.35$592,822.20View SEC Filing Icon  
8/25/2017Buy9,438$40.45$381,767.10View SEC Filing Icon  
8/24/2017Buy6,536$40.45$264,381.20View SEC Filing Icon  
8/23/2017Buy34,037$40.24$1,369,648.88View SEC Filing Icon  
8/18/2017Buy37,498$40.10$1,503,669.80View SEC Filing Icon  
8/17/2017Buy18,292$40.35$738,082.20View SEC Filing Icon  
8/16/2017Buy44,542$40.48$1,803,060.16View SEC Filing Icon  
8/11/2017Buy46,508$40.00$1,860,320.00View SEC Filing Icon  
8/10/2017Buy17,379$40.11$697,071.69View SEC Filing Icon  
8/9/2017Buy52,778$40.17$2,120,092.26View SEC Filing Icon  
6/14/2017Buy37,738$40.84$1,541,219.92View SEC Filing Icon  
6/13/2017Buy16,419$40.91$671,701.29View SEC Filing Icon  
6/12/2017Buy3,321$40.97$136,061.37View SEC Filing Icon  
6/9/2017Buy42,950$40.25$1,728,737.50View SEC Filing Icon  
6/6/2017Buy71,110$39.73$2,825,200.30View SEC Filing Icon  
5/31/2017Buy31,200$39.11$1,220,232.00View SEC Filing Icon  
5/26/2017Buy32,684$39.50$1,291,018.00View SEC Filing Icon  
5/24/2017Buy98,151$39.34$3,861,260.34View SEC Filing Icon  
5/23/2017Buy31,381$39.08$1,226,369.48View SEC Filing Icon  
5/22/2017Buy39,043$39.32$1,535,170.76View SEC Filing Icon  
5/19/2017Buy46,140$39.21$1,809,149.40View SEC Filing Icon  
5/17/2017Buy47,976$38.55$1,849,474.80View SEC Filing Icon  
5/15/2017Buy39,056$39.40$1,538,806.40View SEC Filing Icon  
3/10/2017Buy24,434$41.21$1,006,925.14View SEC Filing Icon  
3/8/2017Buy16,623$41.77$694,342.71View SEC Filing Icon  
3/7/2017Buy26,060$42.60$1,110,156.00View SEC Filing Icon  
3/3/2017Buy13,060$42.98$561,318.80View SEC Filing Icon  
3/2/2017Buy19,970$43.10$860,707.00View SEC Filing Icon  
2/28/2017Buy35,200$44.00$1,548,800.00View SEC Filing Icon  
2/24/2017Buy10,407$43.92$457,075.44View SEC Filing Icon  
2/22/2017Buy4,246$43.86$186,229.56View SEC Filing Icon  
12/6/2016Buy1,506$39.98$60,209.88View SEC Filing Icon  
11/10/2016Buy60,000$39.55$2,373,000.00View SEC Filing Icon  
9/12/2016Buy65,000$43.06$2,798,900.00View SEC Filing Icon  
3/4/2016Buy5,500$37.67$207,185.0068,175View SEC Filing Icon  
3/3/2016Buy33,948$37.67$1,278,821.1668,175View SEC Filing Icon  
12/14/2015Buy18,000$38.07$685,260.0068,175View SEC Filing Icon  
12/7/2015Buy30,000$38.91$1,167,300.0077,577View SEC Filing Icon  
11/13/2015Buy25,743$39.44$1,015,303.9247,186View SEC Filing Icon  
6/9/2015Buy75,785$39.40$2,985,929.00View SEC Filing Icon  
6/8/2015Buy24,215$39.38$953,586.70View SEC Filing Icon  
3/9/2015Buy200,000$40.54$8,108,000.00View SEC Filing Icon  
12/3/2014Buy5,000$39.12$195,600.00View SEC Filing Icon  
9/12/2014Buy400,000$33.76$13,504,000.00View SEC Filing Icon  
8/5/2014Buy10,000$34.63$346,300.00View SEC Filing Icon  
6/12/2014Buy5,000$33.70$168,500.00View SEC Filing Icon  
6/10/2014Buy5,000$34.15$170,750.00View SEC Filing Icon  
6/3/2013Buy10,000$32.45$324,500.00View SEC Filing Icon  
5/13/2013Buy5,000$35.10$175,500.00View SEC Filing Icon  
12/7/2012Buy10,000$27.11$271,100.00View SEC Filing Icon  
8/15/2012Buy1,500$25.87$38,805.00View SEC Filing Icon  
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Ernest S. Rady Buying and Selling Activity at American Assets Trust

This chart shows Ernest S Rady's buying and selling at American Assets Trust by year and by quarter.

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American Assets Trust Company Overview

American Assets Trust logo
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.
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Today's Range

Now: $26.51
Low: $26.12
High: $26.55

50 Day Range

MA: $27.52
Low: $25.42
High: $28.67

2 Week Range

Now: $26.51
Low: $20.03
High: $29.15

Volume

107,521 shs

Average Volume

279,764 shs

Market Capitalization

$1.61 billion

P/E Ratio

29.13

Dividend Yield

5.14%

Beta

1.3