The estimated Net Worth of Morris Goldfarb is at least $245 Milion dollars as of 5 December 2022. Mr. Goldfarb owns over 250,000 units of G-III Apparel stock worth over $64,043,049 and over the last 21 years he sold GIII stock worth over $163,958,865. In addition, he makes $16,597,500 as Chairman of the Board a Chief Executive Officer at G-III Apparel.
Morris has made over 38 trades of the G-III Apparel stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 250,000 units of GIII stock worth $3,135,000 on 5 December 2022.
The largest trade he's ever made was selling 770,000 units of G-III Apparel stock on 15 June 2018 worth over $36,436,400. On average, Morris trades about 32,649 units every 45 days since 2003. As of 5 December 2022 he still owns at least 2,094,964 units of G-III Apparel stock.
You can see the complete history of Mr. Goldfarb stock trades at the bottom of the page.
Morris Goldfarb serves as Chairman of the Board, Chief Executive Officer of the Company. Mr. Goldfarb has served as an executive officer of G-III and our predecessors since our formation in 1974. Mr. Goldfarb served as a director of RLJ Entertainment, Inc. from April 2012 to June 2015 and of Oppenheimer Holdings Inc. from May 2013 to May 2015. Mr. Goldfarb has significant knowledge of all facets of our company. His long history with G-III, combined with his leadership skills and operating experience, makes him particularly well-suited to be our Chairman and serve on our Board.
As the Chairman of the Board a Chief Executive Officer of G-III Apparel, the total compensation of Morris Goldfarb at G-III Apparel is $16,597,500. There are no executives at G-III Apparel getting paid more.
Morris Goldfarb is 69, he's been the Chairman of the Board a Chief Executive Officer of G-III Apparel since 2016. There are 5 older and 13 younger executives at G-III Apparel. The oldest executive at G-III Apparel Group Ltd. is Alan Feller, 78, who is the Independent Director.
Morris's mailing address filed with the SEC is C/O G-III APPAREL GROUP, LTD., 512 SEVENTH AVENUE, NEW YORK, NY, 10018.
Over the last 22 years, insiders at G-III Apparel have traded over $244,737,757 worth of G-III Apparel stock and bought 482,687 units worth $7,442,908 . The most active insiders traders include Morris Goldfarb, Capital Management, Lp Zimm... a Lyle Berman. On average, G-III Apparel executives and independent directors trade stock every 23 days with the average trade being worth of $781,125. The most recent stock trade was executed by Neal Nackman on 15 December 2023, trading 31,762 units of GIII stock currently worth $1,120,881.
behind every great company is an even better story. ours began in 1956, when aron goldfarb came to the united states with a european master craftsman's skill and an unwavering desire to succeed. aron founded g&n sportswear, and in 1972 his son, morris goldfarb - the current chief executive officer - joined the company. now called the g-iii apparel group, the company has quickly become the world's premiere designer and manufacturer of quality leather outerwear dresses, women's suits and sportswear. we understand that we can only succeed so long as we remember the core values that got us here.
G-III Apparel executives and other stock owners filed with the SEC include: