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Michael J. Arougheti net worth and biography

Michael Arougheti Biography and Net Worth

CEO of Ares Management

Mr. Arougheti is a Co-Founder of Ares and the Chief Executive Officer and President, as well as a Director of Ares Management Corporation. He is a member of the Ares Executive Management Committee, the Ares Enterprise Risk Committee and is on the Board of Directors of the Ares Charitable Foundation. He additionally serves as Co-Chairman of Ares Capital Corporation ("ARCC"), Co-Chairman of Ares Acquisition Corporation ("AAC") and as a director of Ares Commercial Real Estate Corporation ("ACRE"). Mr. Arougheti also is a member of the Ares Credit Group's U.S. Direct Lending and Pathfinder Fund Investment Committees, the Ares Equity Income Opportunity Strategy Portfolio Review Committee and the Ares Operations Management Group. Prior to joining Ares in 2004, Mr. Arougheti was employed by Royal Bank of Canada ("RBC") from 2001 to 2004, where he was a Managing Partner of the Principal Finance Group of RBC Capital Partners and a member of the firm's Mezzanine Investment Committee. Mr. Arougheti oversaw an investment team that originated, managed and monitored a diverse portfolio of middle-market leveraged loans, senior and junior subordinated debt, preferred equity and common stock and warrants on behalf of RBC and other third-party institutional investors. Mr. Arougheti joined RBC in October 2001 from Indosuez Capital, where he was a Principal and an Investment Committee member, responsible for originating, structuring and executing leveraged transactions across a broad range of products and asset classes. Prior to joining Indosuez in 1994, Mr. Arougheti worked at Kidder, Peabody & Co., where he was a member of the firm's Mergers and Acquisitions Group. Mr. Arougheti also serves on the board of directors of Operation HOPE, a not-for-profit organization focused on expanding economic opportunity in underserved communities through education and empowerment. Additionally, he is a member of the PATH Organization Leadership Council. Mr. Arougheti received a B.A. in Ethics, Politics and Economics, cum laude, from Yale University.

What is Michael J. Arougheti's net worth?: The estimated net worth of Michael J. Arougheti is at least $242.06 million as of November 27th, 2024. Mr. Arougheti owns 1,375,000 shares of Ares Management stock worth more than $242,055,000 as of December 21st. This net worth estimate does not reflect any other investments that Mr. Arougheti may own. Additionally, Mr. Arougheti receives a salary of $16,850,000.00 as CEO at Ares Management. Learn More about Michael J. Arougheti's net worth.
How old is Michael J. Arougheti?: Mr. Arougheti is currently 52 years old. There are 6 older executives and no younger executives at Ares Management. The oldest executive at Ares Management is Mr. Antony Peter Ressler, Co-Founder, Director and Executive Chairman, who is 63 years old. Learn More on Michael J. Arougheti's age.
What is Michael J. Arougheti's salary?: As the CEO of Ares Management Co., Mr. Arougheti earns $16,850,000.00 per year. The highest earning executive at Ares Management is Mr. Robert Kipp DeVeer III, Director, Partner, Head of Ares Credit Group & Director and CEO of Ares Capital Corporation, who commands a salary of $26,330,000.00 per year. Learn More on Michael J. Arougheti's salary.
How do I contact Michael J. Arougheti?: The corporate mailing address for Mr. Arougheti and other Ares Management executives is 2000 AVE OF THE STARS 12TH FLOOR, LOS ANGELES CA, 90067. Ares Management can also be reached via phone at (310) 201-4100 and via email at [email protected]. Learn More on Michael J. Arougheti's contact information.
Has Michael J. Arougheti been buying or selling shares of Ares Management?: During the last ninety days, Michael J. Arougheti has sold $24,152,014.24 in Ares Management stock. Most recently, Michael J. Arougheti sold 30,465 shares of the business's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $176.16, for a transaction totalling $5,366,714.40. Following the completion of the sale, the chief executive officer now directly owns 1,375,000 shares of the company's stock, valued at $242,220,000. Learn More on Michael J. Arougheti's trading history.
Who are Ares Management's active insiders?: Ares Management's insider roster includes Michael Arougheti (CEO), Ryan Berry (Insider), Ashish Bhutani (Director), Antoinette Bush (Director), R. Deveer (Insider), David Kaplan (Insider), Michael McFerran (CFO), Judy Olian (Director), Antony Ressler (Co-Founder, Director and Executive Chairman), Bennett Rosenthal (Insider), and Aghili Sagati (General Counsel). Learn More on Ares Management's active insiders.
Are insiders buying or selling shares of Ares Management?: In the last twelve months, insiders at the asset manager sold shares 84 times. They sold a total of 3,394,177 shares worth more than $488,373,485.17. The most recent insider tranaction occured on December, 11th when insider Ryan Berry sold 14,357 shares worth more than $2,586,557.12. Insiders at Ares Management own 1.2% of the company. Learn More about insider trades at Ares Management.
Information on this page was last updated on 12/11/2024.

Michael J. Arougheti Insider Trading History at Ares Management

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/27/2024	Sell	30,465	$176.16	$5,366,714.40	1,375,000
11/25/2024	Sell	29,292	$175.82	$5,150,119.44	86,909
11/22/2024	Sell	18,232	$175.54	$3,200,445.28	116,201
11/20/2024	Sell	25,843	$171.16	$4,423,287.88	167,711
11/18/2024	Sell	15,825	$167.24	$2,646,573.00	214,079
11/15/2024	Sell	20,096	$167.44	$3,364,874.24	229,904
8/30/2024	Sell	14,962	$145.62	$2,178,766.44	1,375,000
8/28/2024	Sell	27,628	$145.31	$4,014,624.68	28,095
8/26/2024	Sell	19,040	$146.73	$2,793,739.20	81,461
8/23/2024	Sell	36,469	$146.36	$5,337,602.84	100,501
8/21/2024	Sell	15,695	$144.10	$2,261,649.50	156,241
8/19/2024	Sell	10,223	$144.47	$1,476,916.81	191,546
8/15/2024	Sell	27,120	$145.67	$3,950,570.40	222,880
5/15/2024	Sell	157,837	$148.22	$23,394,600.14	92,163
3/25/2024	Sell	4,488	$134.01	$601,436.88	1,375,000
3/22/2024	Sell	15,350	$134.58	$2,065,803.00	4,488
3/20/2024	Sell	19,749	$132.92	$2,625,037.08	76,395
3/18/2024	Sell	22,196	$130.84	$2,904,124.64	113,612
3/14/2024	Sell	74,585	$132.97	$9,917,567.45	1,375,000
11/15/2023	Sell	150,000	$105.17	$15,775,500.00	825,000
8/15/2023	Sell	150,000	$98.37	$14,755,500.00	825,000
6/29/2023	Sell	36,085	$95.09	$3,431,322.65	825,000
6/15/2023	Sell	64,480	$95.13	$6,133,982.40	60,471
6/13/2023	Sell	4,950	$95.02	$470,349.00	125,351
6/6/2023	Sell	258,163	$90.92	$23,472,179.96	367,678
6/2/2023	Sell	4,460	$90.00	$401,400.00	625,841
5/26/2023	Sell	68,603	$84.83	$5,819,592.49	825,000
5/24/2023	Sell	165,439	$83.16	$13,757,907.24	1,003,866
11/10/2022	Sell	2,983	$85.02	$253,614.66	470,138
4/4/2022	Sell	26,879	$85.06	$2,286,327.74	990,609
2/11/2022	Sell	57,680	$82.22	$4,742,449.60
2/9/2022	Sell	13,334	$80.36	$1,071,520.24
2/4/2022	Sell	100	$80.00	$8,000.00
2/2/2022	Sell	54,102	$79.41	$4,296,239.82
1/31/2022	Sell	114,425	$78.69	$9,004,103.25
1/13/2022	Sell	46,721	$77.81	$3,635,361.01
1/11/2022	Sell	60,616	$78.11	$4,734,715.76
12/30/2020	Sell	259,592	$48.19	$12,509,738.48
12/28/2020	Sell	108,254	$48.66	$5,267,639.64
12/14/2020	Sell	59,216	$48.60	$2,877,897.60
12/11/2020	Sell	62,261	$48.53	$3,021,526.33
12/9/2020	Sell	87,387	$48.29	$4,219,918.23
9/30/2020	Sell	65,347	$40.50	$2,646,553.50
9/28/2020	Sell	57,127	$40.53	$2,315,357.31
9/23/2020	Sell	19,335	$40.11	$775,526.85
6/1/2020	Sell	33,138	$37.45	$1,241,018.10
5/28/2020	Sell	54,992	$36.80	$2,023,705.60
5/26/2020	Sell	101,266	$36.77	$3,723,550.82
5/22/2020	Sell	42,738	$35.04	$1,497,539.52
5/20/2020	Sell	8,476	$35.02	$296,829.52
5/18/2020	Sell	3,272	$35.03	$114,618.16
5/11/2020	Sell	2,500	$35.00	$87,500.00
5/8/2020	Sell	12,836	$35.09	$450,415.24
5/6/2020	Sell	59,593	$35.11	$2,092,310.23
4/29/2020	Sell	163,035	$35.94	$5,859,477.90
4/27/2020	Sell	15,734	$35.00	$550,690.00
4/9/2020	Sell	45,262	$35.07	$1,587,338.34
7/15/2019	Sell	127,400	$28.30	$3,605,420.00
7/11/2019	Sell	274,712	$27.67	$7,601,281.04
7/8/2019	Sell	127,490	$27.00	$3,442,230.00
7/5/2019	Sell	31,266	$27.09	$846,995.94
7/2/2019	Sell	253,922	$26.52	$6,734,011.44
6/27/2019	Sell	78,801	$25.96	$2,045,673.96
6/24/2019	Sell	36,209	$27.18	$984,160.62
6/21/2019	Sell	48,299	$27.31	$1,319,045.69
11/25/2015	Buy	5,993	$14.11	$84,561.23	87,086
11/24/2015	Buy	5,993	$13.99	$83,842.07	87,086
11/23/2015	Buy	100	$13.99	$1,399.00	87,086

Michael J. Arougheti Buying and Selling Activity at Ares Management

Ares Management Company Overview

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

Today's Range

Now: $176.04

$169.01

$177.51

50 Day Range

MA: $171.85

$159.68

$183.70

2 Week Range

Now: $176.04

$112.83

$185.06

Volume

2,426,986 shs

Average Volume

1,165,924 shs

Market Capitalization

$55.11 billion

P/E Ratio

81.12

Dividend Yield

2.09%

Beta

1.19

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Michael Arougheti Biography and Net Worth

What is Michael J. Arougheti's net worth?

How old is Michael J. Arougheti?

What is Michael J. Arougheti's salary?

How do I contact Michael J. Arougheti?

Has Michael J. Arougheti been buying or selling shares of Ares Management?

Who are Ares Management's active insiders?

Are insiders buying or selling shares of Ares Management?