Marc Gabelli Net Worth
Marc Gabelli is a prominent figure in the business world, particularly known for his success in the financial sector. As of June 30, 2024, his net worth is estimated to be around $2 million. Gabelli’s financial success is reflected in his various investments and leadership roles in multiple companies. This article provides a detailed look into Marc Gabelli’s net worth, examining his major investments and their impact.
Marc Gabelli’s Net Worth Breakdown
LGL Group Inc (LGL)
Marc Gabelli holds a key position as the Director of LGL Group Inc, a company that specializes in electronic components and manufacturing. He has a notable shareholding in LGL Group, with around 368,377 shares in his portfolio. These shares are valued at more than $2 million, which forms a significant portion of his overall net worth.
GAMCO Investors Inc (GAMI)
Besides his role at LGL Group Inc, Marc Gabelli is also a Director at GAMCO Investors Inc. His stake in GAMCO Investors consists of approximately 1,237 shares, worth over $30,059. While this is less compared to his LGL Group holdings, it still represents a meaningful part of his diverse investment portfolio.
Overview of Marc Gabelli’s Holdings
Marc Gabelli’s investment strategy is evident from his portfolio, which highlights his expertise in asset management. The details of his holdings are based on SEC filings, which provide a clear picture of his financial interests. It’s worth noting that these estimates assume no transactions have been made by Marc Gabelli since November 6, 2014, and he still owns the reported stocks.
Conclusion
Marc Gabelli’s net worth of at least $2 million as of June 30, 2024, reflects his successful ventures in the financial sector. His considerable investments in LGL Group Inc and GAMCO Investors Inc demonstrate his sharp business sense and strategic investment approach. For those interested in the financial sector and its key players, Marc Gabelli’s financial profile offers valuable insights.
Disclaimer
The financial information provided here is based on SEC filings. The net worth estimation assumes that Marc Gabelli has not engaged in any transactions after November 6, 2014, and still holds the listed shares.