Paul Salem Biography and Net Worth



Paul J. Salem serves as Chairman of the Board of the Company. He is Senior Managing Director Emeritus, Providence Equity Partners (“Providence”) since 2018, with Providence from 1992 – 2018, which specializes in investing in the media, communications, education and information industries by employing a variety of financing structures and target equity investments and bringing industry, financial, operational and leadership expertise to portfolio companies. Previously served as a director of Grupo TorreSur, Asurion, Eircom, Madison River Telecom, MetroNet (formerly AT&T Canada), PanAmSat, Tele1 Europe, Verio, Wired Magazine, Education Management Corporation and several other Providence investments. Prior to joining Providence in 1992, worked for Morgan Stanley in corporate finance and mergers and acquisitions and prior to Morgan Stanley spent four years with Prudential Investment Corporation. Chairman of Year Up, a national non-profit focused on closing the opportunity divide for urban young adults, and a board member of Edesia Global Nutrition, a non-profit dedicated to treating and preventing malnutrition in the world’s most vulnerable populations. Serves on the advisory board of the Carney Institute for Brain Science at Brown University.

What is Paul J. Salem's net worth?

The estimated net worth of Paul J. Salem is at least $73.41 million as of June 13th, 2022. Mr. Salem owns 1,555,000 shares of MGM Resorts International stock worth more than $73,411,550 as of March 29th. This net worth evaluation does not reflect any other assets that Mr. Salem may own. Learn More about Paul J. Salem's net worth.

How do I contact Paul J. Salem?

The corporate mailing address for Mr. Salem and other MGM Resorts International executives is 3600 LAS VEGAS BLVD SOUTH, LAS VEGAS NV, 89109. MGM Resorts International can also be reached via phone at (702) 693-7120 and via email at [email protected]. Learn More on Paul J. Salem's contact information.

Has Paul J. Salem been buying or selling shares of MGM Resorts International?

Paul J. Salem has not been actively trading shares of MGM Resorts International during the last ninety days. Most recently, on Monday, June 13th, Paul J. Salem bought 34,500 shares of MGM Resorts International stock. The stock was acquired at an average cost of $28.92 per share, with a total value of $997,740.00. Following the completion of the transaction, the director now directly owns 1,555,000 shares of the company's stock, valued at $44,970,600. Learn More on Paul J. Salem's trading history.

Who are MGM Resorts International's active insiders?

MGM Resorts International's insider roster includes William Grounds (Director), Alexis Herman (Director), William Hornbuckle (CEO), Mary Jammet (Director), Rose McKinney-James (Director), John McManus (EVP), Todd Meinert (CAO), Keith Meister (Director), James Murren (CEO), Paul Salem (Director), Corey Sanders (COO), Janet Swartz (Director), and Daniel Taylor (Director). Learn More on MGM Resorts International's active insiders.

Are insiders buying or selling shares of MGM Resorts International?

In the last year, insiders at the sold shares 13 times. They sold a total of 746,804 shares worth more than $32,542,374.00. The most recent insider tranaction occured on March, 12th when Director Keith A Meister sold 325,000 shares worth more than $13,942,500.00. Insiders at MGM Resorts International own 2.1% of the company. Learn More about insider trades at MGM Resorts International.

Information on this page was last updated on 3/12/2024.

Paul J. Salem Insider Trading History at MGM Resorts International

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/13/2022Buy34,500$28.92$997,740.001,555,000View SEC Filing Icon  
5/25/2022Buy3,500$31.25$109,375.001,520,500View SEC Filing Icon  
4/3/2020Buy195,000$13.63$2,657,850.001,517,000View SEC Filing Icon  
5/8/2019Buy800,000$25.40$20,320,000.00800,000View SEC Filing Icon  
See Full Table

Paul J. Salem Buying and Selling Activity at MGM Resorts International

This chart shows Paul J Salem's buying and selling at MGM Resorts International by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

MGM Resorts International Company Overview

MGM Resorts International logo
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
Read More

Today's Range

Now: $47.21
Low: $46.74
High: $47.55

50 Day Range

MA: $43.69
Low: $41.75
High: $47.21

2 Week Range

Now: $47.21
Low: $34.12
High: $51.35

Volume

3,079,598 shs

Average Volume

3,200,891 shs

Market Capitalization

$14.97 billion

P/E Ratio

14.89

Dividend Yield

N/A

Beta

2.18