Michael J.  Arougheti net worth and biography

Michael Arougheti Biography and Net Worth

Mr. Arougheti is a Co-Founder of Ares and the Chief Executive Officer and President, as well as a Director of Ares Management Corporation. He is a member of the Ares Executive Management Committee, the Ares Enterprise Risk Committee and is on the Board of Directors of the Ares Charitable Foundation. He additionally serves as Co-Chairman of Ares Capital Corporation ("ARCC"), Co-Chairman of Ares Acquisition Corporation ("AAC") and as a director of Ares Commercial Real Estate Corporation ("ACRE"). Mr. Arougheti also is a member of the Ares Credit Group's U.S. Direct Lending and Pathfinder Fund Investment Committees, the Ares Equity Income Opportunity Strategy Portfolio Review Committee and the Ares Operations Management Group. Prior to joining Ares in 2004, Mr. Arougheti was employed by Royal Bank of Canada ("RBC") from 2001 to 2004, where he was a Managing Partner of the Principal Finance Group of RBC Capital Partners and a member of the firm's Mezzanine Investment Committee. Mr. Arougheti oversaw an investment team that originated, managed and monitored a diverse portfolio of middle-market leveraged loans, senior and junior subordinated debt, preferred equity and common stock and warrants on behalf of RBC and other third-party institutional investors. Mr. Arougheti joined RBC in October 2001 from Indosuez Capital, where he was a Principal and an Investment Committee member, responsible for originating, structuring and executing leveraged transactions across a broad range of products and asset classes. Prior to joining Indosuez in 1994, Mr. Arougheti worked at Kidder, Peabody & Co., where he was a member of the firm's Mergers and Acquisitions Group. Mr. Arougheti also serves on the board of directors of Operation HOPE, a not-for-profit organization focused on expanding economic opportunity in underserved communities through education and empowerment. Additionally, he is a member of the PATH Organization Leadership Council. Mr. Arougheti received a B.A. in Ethics, Politics and Economics, cum laude, from Yale University.

What is Michael J. Arougheti's net worth?

The estimated net worth of Michael J. Arougheti is at least $179.19 million as of March 25th, 2024. Mr. Arougheti owns 1,375,000 shares of Ares Management stock worth more than $179,190,000 as of April 19th. This net worth estimate does not reflect any other investments that Mr. Arougheti may own. Additionally, Mr. Arougheti receives a salary of $20,870,000.00 as CEO at Ares Management. Learn More about Michael J. Arougheti's net worth.

How old is Michael J. Arougheti?

Mr. Arougheti is currently 52 years old. There are 6 older executives and no younger executives at Ares Management. The oldest executive at Ares Management is Mr. Antony Peter Ressler, Co-Founder & Executive Chairman, who is 63 years old. Learn More on Michael J. Arougheti's age.

What is Michael J. Arougheti's salary?

As the CEO of Ares Management Co., Mr. Arougheti earns $20,870,000.00 per year. The highest earning executive at Ares Management is Mr. Robert Kipp DeVeer III, Director, Partner, Head of Ares Credit Group & Director and CEO of Ares Capital Corporation, who commands a salary of $25,320,000.00 per year. Learn More on Michael J. Arougheti's salary.

How do I contact Michael J. Arougheti?

The corporate mailing address for Mr. Arougheti and other Ares Management executives is 2000 AVE OF THE STARS 12TH FLOOR, LOS ANGELES CA, 90067. Ares Management can also be reached via phone at (310) 201-4100 and via email at [email protected]. Learn More on Michael J. Arougheti's contact information.

Has Michael J. Arougheti been buying or selling shares of Ares Management?

Michael J. Arougheti has not been actively trading shares of Ares Management within the last three months. Most recently, Michael J. Arougheti sold 4,488 shares of the business's stock in a transaction on Monday, March 25th. The shares were sold at an average price of $134.01, for a transaction totalling $601,436.88. Following the completion of the sale, the chief executive officer now directly owns 1,375,000 shares of the company's stock, valued at $184,263,750. Learn More on Michael J. Arougheti's trading history.

Who are Ares Management's active insiders?

Ares Management's insider roster includes Michael Arougheti (CEO), Ryan Berry (Insider), Ashish Bhutani (Director), Antoinette Bush (Director), R. Deveer (Insider), David Kaplan (Insider), Michael McFerran (CFO), Judy Olian (Director), Antony Ressler (Chairman), Bennett Rosenthal (Insider), and Aghili Sagati (General Counsel). Learn More on Ares Management's active insiders.

Are insiders buying or selling shares of Ares Management?

In the last twelve months, Ares Management insiders bought shares 12 times. They purchased a total of 1,435,356 shares worth more than $27,132,090.59. In the last twelve months, insiders at the asset manager sold shares 52 times. They sold a total of 22,235,864 shares worth more than $797,912,566.19. The most recent insider tranaction occured on April, 15th when Chairman Bennett Rosenthal sold 50,000 shares worth more than $6,486,000.00. Insiders at Ares Management own 47.3% of the company. Learn More about insider trades at Ares Management.

Information on this page was last updated on 4/15/2024.

Michael J. Arougheti Insider Trading History at Ares Management

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/25/2024Sell4,488$134.01$601,436.881,375,000View SEC Filing Icon  
3/22/2024Sell15,350$134.58$2,065,803.004,488View SEC Filing Icon  
3/20/2024Sell19,749$132.92$2,625,037.0876,395View SEC Filing Icon  
3/18/2024Sell22,196$130.84$2,904,124.64113,612View SEC Filing Icon  
3/14/2024Sell74,585$132.97$9,917,567.451,375,000View SEC Filing Icon  
11/15/2023Sell150,000$105.17$15,775,500.00825,000View SEC Filing Icon  
8/15/2023Sell150,000$98.37$14,755,500.00825,000View SEC Filing Icon  
6/29/2023Sell36,085$95.09$3,431,322.65825,000View SEC Filing Icon  
6/15/2023Sell64,480$95.13$6,133,982.4060,471View SEC Filing Icon  
6/13/2023Sell4,950$95.02$470,349.00125,351View SEC Filing Icon  
6/6/2023Sell258,163$90.92$23,472,179.96367,678View SEC Filing Icon  
6/2/2023Sell4,460$90.00$401,400.00625,841View SEC Filing Icon  
5/26/2023Sell68,603$84.83$5,819,592.49825,000View SEC Filing Icon  
5/24/2023Sell165,439$83.16$13,757,907.241,003,866View SEC Filing Icon  
11/10/2022Sell2,983$85.02$253,614.66470,138View SEC Filing Icon  
4/4/2022Sell26,879$85.06$2,286,327.74990,609View SEC Filing Icon  
2/11/2022Sell57,680$82.22$4,742,449.60View SEC Filing Icon  
2/9/2022Sell13,334$80.36$1,071,520.24View SEC Filing Icon  
2/4/2022Sell100$80.00$8,000.00View SEC Filing Icon  
2/2/2022Sell54,102$79.41$4,296,239.82View SEC Filing Icon  
1/31/2022Sell114,425$78.69$9,004,103.25View SEC Filing Icon  
1/13/2022Sell46,721$77.81$3,635,361.01View SEC Filing Icon  
1/11/2022Sell60,616$78.11$4,734,715.76View SEC Filing Icon  
12/30/2020Sell259,592$48.19$12,509,738.48View SEC Filing Icon  
12/28/2020Sell108,254$48.66$5,267,639.64View SEC Filing Icon  
12/14/2020Sell59,216$48.60$2,877,897.60View SEC Filing Icon  
12/11/2020Sell62,261$48.53$3,021,526.33View SEC Filing Icon  
12/9/2020Sell87,387$48.29$4,219,918.23View SEC Filing Icon  
9/30/2020Sell65,347$40.50$2,646,553.50View SEC Filing Icon  
9/28/2020Sell57,127$40.53$2,315,357.31View SEC Filing Icon  
9/23/2020Sell19,335$40.11$775,526.85View SEC Filing Icon  
6/1/2020Sell33,138$37.45$1,241,018.10View SEC Filing Icon  
5/28/2020Sell54,992$36.80$2,023,705.60View SEC Filing Icon  
5/26/2020Sell101,266$36.77$3,723,550.82View SEC Filing Icon  
5/22/2020Sell42,738$35.04$1,497,539.52View SEC Filing Icon  
5/20/2020Sell8,476$35.02$296,829.52View SEC Filing Icon  
5/18/2020Sell3,272$35.03$114,618.16View SEC Filing Icon  
5/11/2020Sell2,500$35.00$87,500.00View SEC Filing Icon  
5/8/2020Sell12,836$35.09$450,415.24View SEC Filing Icon  
5/6/2020Sell59,593$35.11$2,092,310.23View SEC Filing Icon  
4/29/2020Sell163,035$35.94$5,859,477.90View SEC Filing Icon  
4/27/2020Sell15,734$35.00$550,690.00View SEC Filing Icon  
4/9/2020Sell45,262$35.07$1,587,338.34View SEC Filing Icon  
7/15/2019Sell127,400$28.30$3,605,420.00View SEC Filing Icon  
7/11/2019Sell274,712$27.67$7,601,281.04View SEC Filing Icon  
7/8/2019Sell127,490$27.00$3,442,230.00View SEC Filing Icon  
7/5/2019Sell31,266$27.09$846,995.94View SEC Filing Icon  
7/2/2019Sell253,922$26.52$6,734,011.44View SEC Filing Icon  
6/27/2019Sell78,801$25.96$2,045,673.96View SEC Filing Icon  
6/24/2019Sell36,209$27.18$984,160.62View SEC Filing Icon  
6/21/2019Sell48,299$27.31$1,319,045.69View SEC Filing Icon  
11/25/2015Buy5,993$14.11$84,561.2387,086View SEC Filing Icon  
11/24/2015Buy5,993$13.99$83,842.0787,086View SEC Filing Icon  
11/23/2015Buy100$13.99$1,399.0087,086View SEC Filing Icon  
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Michael J. Arougheti Buying and Selling Activity at Ares Management

This chart shows Michael J Arougheti's buying and selling at Ares Management by year and by quarter.

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Ares Management Company Overview

Ares Management logo
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.
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Today's Range

Now: $129.53
Low: $128.65
High: $131.79

50 Day Range

MA: $133.36
Low: $129.33
High: $137.06

2 Week Range

Now: $129.53
Low: $77.97
High: $139.48

Volume

1,193,149 shs

Average Volume

1,030,055 shs

Market Capitalization

$40.10 billion

P/E Ratio

54.20

Dividend Yield

2.84%

Beta

1.17