The estimated Net Worth of Bob Farahi is at least $32.9 Milion dollars as of 30 July 2024. Mr. Farahi owns over 33,333 units of Monarch Casino & Resort stock worth over $16,763,099 and over the last 20 years he sold MCRI stock worth over $15,353,885. In addition, he makes $809,837 as Co-Chairman of the Board a President at Monarch Casino & Resort.
Bob has made over 36 trades of the Monarch Casino & Resort stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 33,333 units of MCRI stock worth $2,619,307 on 30 July 2024.
The largest trade he's ever made was exercising 210,002 units of Monarch Casino & Resort stock on 2 April 2014 worth over $2,305,822. On average, Bob trades about 9,765 units every 42 days since 2004. As of 30 July 2024 he still owns at least 225,553 units of Monarch Casino & Resort stock.
You can see the complete history of Mr. Farahi stock trades at the bottom of the page.
Bob Farahi serves as Co-Chairman of the Board, President of Monarch Casino & Resort, Inc. He has been Co-Chairman of the Board and President of the Company since its inception and of Golden Road, a direct wholly owned subsidiary of the Company, since 1993. From 1973 until June 1993, Mr. Farahi was Vice President and a Director of Golden Road. Mr. Farahi divides his working time between the Company and the other private companies with which he is involved. Mr. Farahi is a partner in FIC. Mr. Farahi holds a biochemistry degree from the University of California at Berkeley. The Board believes Mr. Farahi is qualified to serve as a director due to his specific experience as a casino operator and in real estate development and his knowledge of the casino industry.
As the Co-Chairman of the Board a President of Monarch Casino & Resort, the total compensation of Bob Farahi at Monarch Casino & Resort is $809,837. There are 1 executives at Monarch Casino & Resort getting paid more, with John Farahi having the highest compensation of $1,869,240.
Bob Farahi is 69, he's been the Co-Chairman of the Board a President of Monarch Casino & Resort since 2011. There are 5 older and 7 younger executives at Monarch Casino & Resort. The oldest executive at Monarch Casino & Resort, Inc. is Richard L. Cooley, 74, who is the VP of Fin. and Treasurer.
Bob's mailing address filed with the SEC is MONARCH CASINO & RESORT INC, 3800 S. VIRGINIA STREET, RENO, NV, 89502.
Over the last 21 years, insiders at Monarch Casino & Resort have traded over $29,265,339 worth of Monarch Casino & Resort stock and bought 19,493 units worth $509,201 . The most active insiders traders include Bob Farahi, John Farahi a David Jacques Farahi. On average, Monarch Casino & Resort executives and independent directors trade stock every 55 days with the average trade being worth of $2,232,796. The most recent stock trade was executed by Bob Farahi on 30 July 2024, trading 33,333 units of MCRI stock currently worth $2,619,307.
monarch casino & resort, inc., through its subsidiaries, owns and operates the atlantis casino resort spa, a hotel/casino facility in reno, nevada. it also owns and operates the monarch casino black hawk in black hawk, colorado. as of march 11, 2020, the company's atlantis casino resort spa featured approximately 61,000 square feet of casino space; 818 guest rooms; 8 food outlets; 2 gourmet coffee and pastry bars; 1 snack bar; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. its atlantis casino resort spa also featured approximately 1,450 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. in addition, the company's monarch casino black hawk featured
Monarch Casino & Resort executives and other stock owners filed with the SEC include: