worldofceos brings you the latest insights into David Green net worth, salary, and financial activities in 2024.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | David Green |
| Popular Name | David Green |
| Gender | Male |
| Birth Date | 1941 |
| Age | 82 |
| Parents | Preachers |
| Siblings | N/A |
| Birthplace | Oklahoma City, Oklahoma |
| Nationality | United States |
| Ethnicity | N/A |
| Education | High School Diploma |
| Marital Status | Married |
| Sexual Orientation | Straight |
| Wife/Spouse | Barbara Green |
| Children | Mart Green, Steve Green, Darsee Lett |
| Dating | N/A |
| Net Worth | $14.3 billion |
| Source of Wealth | Retail, Self Made |
| Height | N/A |
What is the Net Worth of David Green in 2024?
David Green’s net worth in 2024 stands at an impressive $14.3 billion. This positions him among the wealthiest individuals globally, highlighting his significant impact in the retail sector. His fortune primarily comes from his role as the CEO of Hobby Lobby, a retail giant with over 950 locations and annual sales of $7.9 billion.
Green’s net worth is comparable to other industry leaders. For instance, Jeffrey Sloan, the CEO of Global Payments Inc., and Paul Todd, another influential figure in the financial sector, also hold substantial wealth but fall short of Green’s immense fortune.
For more details on David Green’s financial journey, visit his Forbes profile.
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What is the Salary/Income of David Green in 2024?
David Green’s salary for 2024 is estimated to be $4,840,590. This substantial income is a testament to his critical role in Hobby Lobby’s continued success. His total compensation in 2022 was $5,114,784, showcasing a consistent and lucrative earnings trajectory.
Learn more about the richest people in the finance and investment industry here.
Financial Overview of David Green
Major Stock Trades and Holdings
David Green has been active in stock trading over the past decade. His largest trade was on May 8, 2020, when he sold 21,646 units of Global Payments stock for $3,801,038. As of November 2023, he holds at least 77,411 units of Global Payments stock.
Business Ventures and Income Sources
Hobby Lobby, the cornerstone of Green’s wealth, generates annual sales of $7.9 billion. The company is known for its arts and crafts supplies, and its stores are closed on Sundays to allow employees time with their families. This decision aligns with Green’s strong Christian beliefs, which significantly influence his business practices.
Green has also ventured into philanthropic activities, planning to donate 90% of his company to charity. He supports campaigns like He Gets Us, which promotes Christianity and ran ads during the 2023 Super Bowl.
Philanthropy and Charitable Contributions
David Green is a notable philanthropist. He has pledged to give away 90% of Hobby Lobby to charity. His involvement in the He Gets Us campaign highlights his commitment to promoting Christian values.
Family and Personal Life
He lives in Oklahoma City with his wife, Barbara. His children, Mart, Steve, and Darsee, are also involved in the family business. Green’s upbringing in a religious household has profoundly shaped his business and personal life.
Historical Net Worth and Wealth Growth
David Green’s journey to amassing his wealth began with a $600 loan to start his first store in 1970. Over the years, his net worth has seen significant growth, from humble beginnings to billions of dollars. This trajectory underscores his business acumen and commitment to his values.
FAQs about David Green
How did David Green start his business?
David started his business in 1970 with a $600 loan, opening a small crafts shop that grew into the Hobby Lobby empire.
What are David Green’s main sources of income?
David’s primary sources of income include his salary as CEO of Hobby Lobby, stock holdings, and various business ventures.
What philanthropic activities is he involved in?
He plans to donate 90% of Hobby Lobby to charity and supports the He Gets Us campaign.
How does his faith influence his business?
David Green’s Christian beliefs influence his business decisions, such as closing stores on Sundays and his stance on religious freedom.
Conclusion
For more detailed analyses of David Green’s financial journey and other fascinating insights, visit worldofceos.com. Don’t forget to leave a comment, share, or read more content on our website.
