Michael Gene  Barnes net worth and biography

Michael Barnes Biography and Net Worth

Chairman of Tiptree

Michael Barnes is the chairman of the board of directors and the executive chairman of Tiptree, a holding company that marries insurance operations with investment management expertise

Barnes is also the chairman and co-CEO at Apple Creek Acquisition Corp. and a founding partner of Tricadia Holdings, which he co-founded in 2003. Prior to Tricadia, he held various senior roles at UBS, PaineWebber, Bear Stearns, and Philadelphia Financial Group.

Barnes received his A.B. from Columbia College.  

What is Michael Gene Barnes' net worth?

The estimated net worth of Michael Gene Barnes is at least $200.57 million as of October 28th, 2020. Mr. Barnes owns 8,619,183 shares of Tiptree stock worth more than $200,568,388 as of March 31st. This net worth estimate does not reflect any other assets that Mr. Barnes may own. Additionally, Mr. Barnes receives a salary of $5,440,000.00 as Chairman at Tiptree. Learn More about Michael Gene Barnes' net worth.

How old is Michael Gene Barnes?

Mr. Barnes is currently 57 years old. There are 5 older executives and no younger executives at Tiptree. The oldest executive at Tiptree is Mr. Jonathan Ilany, CEO & Director, who is 71 years old. Learn More on Michael Gene Barnes' age.

What is Michael Gene Barnes' salary?

As the Chairman of Tiptree Inc., Mr. Barnes earns $5,440,000.00 per year. The highest earning executive at Tiptree is Mr. Jonathan Ilany, CEO & Director, who commands a salary of $5,530,000.00 per year. Learn More on Michael Gene Barnes' salary.

How do I contact Michael Gene Barnes?

The corporate mailing address for Mr. Barnes and other Tiptree executives is 299 PARK AVENUE 13TH FLOOR, NEW YORK NY, 10171. Tiptree can also be reached via phone at (212) 446-1400 and via email at ir@tiptreeinc.com. Learn More on Michael Gene Barnes' contact information.

Has Michael Gene Barnes been buying or selling shares of Tiptree?

Michael Gene Barnes has not been actively trading shares of Tiptree within the last three months. Most recently, on Wednesday, October 28th, Michael Gene Barnes bought 2,466 shares of Tiptree stock. The stock was acquired at an average cost of $5.13 per share, with a total value of $12,650.58. Following the completion of the transaction, the chairman now directly owns 8,619,183 shares of the company's stock, valued at $44,216,408.79. Learn More on Michael Gene Barnes' trading history.

Who are Tiptree's active insiders?

Tiptree's insider roster includes Michael Barnes (Chairman), and Jonathan Ilany (CEO). Learn More on Tiptree's active insiders.

Are insiders buying or selling shares of Tiptree?

During the last year, Tiptree insiders bought shares 1 times. They purchased a total of 1,550 shares worth more than $27,125.00. The most recent insider tranaction occured on May, 28th when CEO Jonathan Ilany bought 1,550 shares worth more than $27,125.00. Insiders at Tiptree own 31.8% of the company. Learn More about insider trades at Tiptree.

Information on this page was last updated on 5/28/2024.

Michael Gene Barnes Insider Trading History at Tiptree

Michael Gene Barnes Buying and Selling Activity at Tiptree

This chart shows Michael Gene Barnes's buying and selling at Tiptree by year and by quarter.

Skip ChartChart Data in Insider Trading History Table
2022202320242025$0bought$0soldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1$0Total Insider BuyingTotal Insider Selling

Tiptree Company Overview

Tiptree logo
Tiptree Inc., through its subsidiaries, provides specialty insurance products and related services primarily in the United States. It operates through two segments: Insurance and Mortgage. The company offers niche; commercial lines insurance products, including professional liability, general liability, contractual liability protection, property and other short-tail, and alternative risks insurance products; and personal lines insurance products, such as credit protection surrounding loan payments. It also provides auto and consumer warranty programs, including mobile devices, consumer electronics, appliances, furniture; and vehicle service contracts, GAP, and ancillary products; as well as premium or warranty contract financing services, lead generation support, and business process outsourcing services. In addition, the company offers mortgage loans for institutional investors; asset management services; and maritime shipping and asset management services, as well as invests in shares. It markets its products through a network of independent insurance agents, consumer finance companies, online retailers, auto dealers, and regional big box retailers. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was founded in 1978 and is headquartered in Greenwich, Connecticut.
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Today's Range

Now: $23.27
Low: $23.16
High: $24.36

50 Day Range

MA: $21.48
Low: $19.32
High: $24.99

2 Week Range

Now: $23.27
Low: $15.52
High: $26.90

Volume

161,591 shs

Average Volume

90,973 shs

Market Capitalization

$867.02 million

P/E Ratio

23.99

Dividend Yield

0.97%

Beta

1.31