Michael  Corbat net worth and biography

Michael Corbat Biography and Net Worth

CEO of Citigroup
Michael L. Corbat is the former Chief Executive Officer of Citigroup. He was at Citi and its predecessor companies since his graduation from Harvard University with a bachelor's degree in economics in 1983. Mr. Corbat previously served as an executive committee member of the Partnership for New York City, Chairman of The Clearing House Association Supervisory Board, Vice Chairman of the Financial Services Forum and board member of the Bank Policy Institute. He has also been honored by several civic and cultural organizations. 

What is Michael Corbat's net worth?

The estimated net worth of Michael Corbat is at least $37.92 million as of February 16th, 2017. Mr. Corbat owns 548,060 shares of Citigroup stock worth more than $37,920,271 as of December 21st. This net worth estimate does not reflect any other investments that Mr. Corbat may own. Learn More about Michael Corbat's net worth.

How do I contact Michael Corbat?

The corporate mailing address for Mr. Corbat and other Citigroup executives is 388 GREENWICH STREET, NEW YORK NY, 10013. Citigroup can also be reached via phone at (212) 559-1000 and via email at [email protected]. Learn More on Michael Corbat's contact information.

Has Michael Corbat been buying or selling shares of Citigroup?

Michael Corbat has not been actively trading shares of Citigroup during the last quarter. Most recently, Michael Corbat sold 83,285 shares of the business's stock in a transaction on Thursday, February 16th. The shares were sold at an average price of $60.14, for a transaction totalling $5,008,759.90. Following the completion of the sale, the chief executive officer now directly owns 548,060 shares of the company's stock, valued at $32,960,328.40. Learn More on Michael Corbat's trading history.

Who are Citigroup's active insiders?

Citigroup's insider roster includes Titilope Cole (CEO), Michael Corbat (CEO), Jane Fraser (CEO & Director), Andrew Morton (Insider), Gary Reiner (Director), Ernesto Torres (CEO), Zdenek Turek (Insider), Sara Wechter (Insider), and Michael Whitaker (Insider). Learn More on Citigroup's active insiders.

Michael Corbat Insider Trading History at Citigroup

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/16/2017Sell83,285$60.14$5,008,759.90548,060View SEC Filing Icon  
1/22/2016Buy25,000$41.05$1,026,250.00380,765View SEC Filing Icon  
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Michael Corbat Buying and Selling Activity at Citigroup

This chart shows Michael Corbat's buying and selling at Citigroup by year and by quarter.

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Citigroup Company Overview

Citigroup logo
Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions. The Markets segment offers sales and trading services for equities, foreign exchange, rates, spread products, and commodities to corporate, institutional, and public sector clients; and market-making services, including asset classes, risk management solutions, financing, prime brokerage, research, securities clearing, and settlement. The banking segment includes investment banking; advisory services related to mergers and acquisitions, divestitures, restructurings, and corporate defense activities; and corporate lending, which includes corporate and commercial banking. The U.S. Personal Banking segment provides co-branded cards and retail banking services. The Wealth segment provides financial services to high-net-worth clients through banking, lending, mortgages, investment, custody, and trust product offerings; and to professional industries, including law firms, consulting groups, accounting, and asset management. The company was founded in 1812 and is headquartered in New York, New York.
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Today's Range

Now: $69.19
Low: $68.03
High: $70.26

50 Day Range

MA: $67.86
Low: $61.76
High: $72.52

2 Week Range

Now: $69.19
Low: $49.97
High: $73.38

Volume

27,550,268 shs

Average Volume

14,400,690 shs

Market Capitalization

$130.86 billion

P/E Ratio

20.06

Dividend Yield

3.27%

Beta

1.45