Kenneth M.  Jacobs net worth and biography

Kenneth Jacobs Biography and Net Worth

Chairman of Lazard
Kenneth M. Jacobs is Executive Chairman of Lazard. He served as Chairman and Chief Executive Officer of Lazard from November 2009 to September 2023. He joined Lazard in 1988.

Mr. Jacobs has advised on some of the most high-profile and iconic financial transactions of the past 35 years. He has provided advice to Lazard clients across a wide range of industries, and participated in numerous landmark transactions for clients located across the globe. In his role as Executive Chairman, Mr. Jacobs’ primary focus continues to be advising clients of the firm.

Mr. Jacobs serves on the Board of Trustees of the University of Chicago and the Brookings Institution. He is also a Director of the Partnership for New York City, and a member of the Council on Foreign Relations. In 2017, he was inducted into the French Legion of Honor.

Mr. Jacobs earned a BA in Economics at The University of Chicago in 1980 and an MBA from the Stanford University Graduate School of Business in 1984.

What is Kenneth M. Jacobs' net worth?

The estimated net worth of Kenneth M. Jacobs is at least $74.20 million as of September 3rd, 2024. Mr. Jacobs owns 1,553,225 shares of Lazard stock worth more than $74,197,558 as of September 16th. This net worth estimate does not reflect any other assets that Mr. Jacobs may own. Additionally, Mr. Jacobs receives a salary of $2,970,000.00 as Chairman at Lazard. Learn More about Kenneth M. Jacobs' net worth.

How old is Kenneth M. Jacobs?

Mr. Jacobs is currently 65 years old. There are 7 older executives and no younger executives at Lazard. The oldest executive at Lazard is Mr. Raymond J. McGuire, President, who is 67 years old. Learn More on Kenneth M. Jacobs' age.

What is Kenneth M. Jacobs' salary?

As the Chairman of Lazard, Inc., Mr. Jacobs earns $2,970,000.00 per year. The highest earning executive at Lazard is Mr. Peter R. Orszag, CEO & Director, who commands a salary of $5,040,000.00 per year. Learn More on Kenneth M. Jacobs' salary.

How do I contact Kenneth M. Jacobs?

The corporate mailing address for Mr. Jacobs and other Lazard executives is CLARENDON HOUSE 2 CHURCH STREET, HAMILTON D0, HM II. Lazard can also be reached via phone at (212) 632-6000 and via email at [email protected]. Learn More on Kenneth M. Jacobs' contact information.

Has Kenneth M. Jacobs been buying or selling shares of Lazard?

During the last quarter, Kenneth M. Jacobs has sold $19,873,736.48 in Lazard stock. Most recently, Kenneth M. Jacobs sold 87,770 shares of the business's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $48.08, for a transaction totalling $4,219,981.60. Following the completion of the sale, the chairman now directly owns 1,553,225 shares of the company's stock, valued at $74,679,058. Learn More on Kenneth M. Jacobs' trading history.

Who are Lazard's active insiders?

Lazard's insider roster includes Scott Hoffman (CAO), Kenneth Jacobs (Chairman), Dominick Ragone, III (CAO), Evan Russo (CEO), and Alexander Stern (President). Learn More on Lazard's active insiders.

Are insiders buying or selling shares of Lazard?

During the last twelve months, insiders at the asset manager sold shares 9 times. They sold a total of 665,882 shares worth more than $29,307,403.69. The most recent insider tranaction occured on September, 3rd when Chairman Kenneth M Jacobs sold 87,770 shares worth more than $4,219,981.60. Insiders at Lazard own 3.9% of the company. Learn More about insider trades at Lazard.

Information on this page was last updated on 9/3/2024.

Kenneth M. Jacobs Insider Trading History at Lazard

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/3/2024Sell87,770$48.08$4,219,981.601,553,225View SEC Filing Icon  
8/26/2024Sell86,728$50.02$4,338,134.561,640,995View SEC Filing Icon  
8/23/2024Sell1,999$50.01$99,969.991,727,723View SEC Filing Icon  
7/16/2024Sell207,000$45.23$9,362,610.001,729,722View SEC Filing Icon  
7/9/2024Sell46,107$40.19$1,853,040.331,936,722View SEC Filing Icon  
6/3/2024Sell6,762$40.00$270,480.001,982,829View SEC Filing Icon  
5/31/2024Sell154,131$40.21$6,197,607.511,989,591View SEC Filing Icon  
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Kenneth M. Jacobs Buying and Selling Activity at Lazard

This chart shows Kenneth M Jacobs's buying and selling at Lazard by year and by quarter.

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Lazard Company Overview

Lazard logo
Lazard, Inc., together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services. This segment offers its services to corporate, partnership, institutional, government, sovereign, and individual clients to various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, real estate, technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions; investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard, Inc. was incorporated in 1848 and is headquartered in New York, New York.
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Today's Range

Now: $48.53
Low: $47.90
High: $48.63

50 Day Range

MA: $46.13
Low: $39.82
High: $50.11

2 Week Range

Now: $48.53
Low: $25.82
High: $50.26

Volume

131,154 shs

Average Volume

999,947 shs

Market Capitalization

$5.47 billion

P/E Ratio

N/A

Dividend Yield

4.34%

Beta

1.39