Richard Burke Biography and Net Worth

Director of UnitedHealth Group

Richard Burke is the founder and lead independent director of UnitedHeath Group, a for-profit healthcare company based in Minnetonka, Minnesota. 

In 2020, UnitedHealth was the second-largest healthcare company by revenue, behind CVS Health, with $257.1 billion in revenue. Burke has served in his current position with the company since September 2017. 

Burke founded UnitedHealthcare (UnitedHealth’s predecessor) in 1977, served as chairman of the board from 2006 to 2017, and served as CEO until 1988. 

He has been at the helm of six different companies throughout his career, and on a number of boards, including Rainy Partners LLC, First Cash Financial Services Inc., Meritage Homes Corporation, and Senior Connect Acquisition Corporation. 

Additionally, Burke served as the owner, CEO, and governor of the Phoenix Coyotes national hockey team from 1995 to 2001.

Burke earned his M.B.A. from Georgia State University. He resides in Arizona.

What is Richard T. Burke's net worth?

The estimated net worth of Richard T. Burke is at least $667.97 million as of May 19th, 2022. Mr. Burke owns 1,215,000 shares of UnitedHealth Group stock worth more than $667,970,550 as of December 10th. This net worth estimate does not reflect any other assets that Mr. Burke may own. Learn More about Richard T. Burke's net worth.

How do I contact Richard T. Burke?

The corporate mailing address for Mr. Burke and other UnitedHealth Group executives is 9900 BREN ROAD EAST, MINNETONKA MN, 55343. UnitedHealth Group can also be reached via phone at (952) 936-1300 and via email at [email protected]. Learn More on Richard T. Burke's contact information.

Has Richard T. Burke been buying or selling shares of UnitedHealth Group?

Richard T. Burke has not been actively trading shares of UnitedHealth Group during the last quarter. Most recently, Richard T. Burke sold 2,500 shares of the business's stock in a transaction on Thursday, May 19th. The shares were sold at an average price of $478.96, for a transaction totalling $1,197,400.00. Following the completion of the sale, the director now directly owns 1,215,000 shares of the company's stock, valued at $581,936,400. Learn More on Richard T. Burke's trading history.

Who are UnitedHealth Group's active insiders?

UnitedHealth Group's insider roster includes Richard Burke (Director), Paul Garcia (Director), Stephen Hemsley (Director), Patricia Lewis (EVP), Dirk McMahon (Pres & COO ), Dirk McMahon (CEO), Frederick McNabb, III (Director), Erin Mcsweeney (EVP), Steven Nelson (CEO), Larry Renfro (Insider), John Rex (CFO), Thomas Roos (CAO), Marianne Short (EVP), Brian Thompson (Exec. VP & CEO of UnitedHealthcare), David Wichmann (CEO), D. Wilson (EVP), and Andrew Witty (CEO). Learn More on UnitedHealth Group's active insiders.

Are insiders buying or selling shares of UnitedHealth Group?

During the last twelve months, insiders at the healthcare conglomerate sold shares 7 times. They sold a total of 204,946 shares worth more than $110,845,793.41. The most recent insider tranaction occured on December, 5th when Director Stephen J Hemsley sold 66,081 shares worth more than $36,370,321.59. Insiders at UnitedHealth Group own 0.4% of the company. Learn More about insider trades at UnitedHealth Group.

Information on this page was last updated on 12/5/2023.

Richard T. Burke Insider Trading History at UnitedHealth Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/19/2022Sell2,500$478.96$1,197,400.001,215,000View SEC Filing Icon  
5/16/2022Sell2,500$493.25$1,233,125.001,220,000View SEC Filing Icon  
3/24/2022Sell3,000$508.80$1,526,400.00View SEC Filing Icon  
3/22/2022Sell4,000$511.14$2,044,560.00View SEC Filing Icon  
2/25/2022Sell6,000$470.38$2,822,280.00View SEC Filing Icon  
2/16/2022Sell5,000$476.72$2,383,600.00View SEC Filing Icon  
1/20/2022Sell5,000$469.41$2,347,050.00View SEC Filing Icon  
11/23/2021Sell2,500$444.70$1,111,750.00View SEC Filing Icon  
9/17/2021Sell2,500$419.00$1,047,500.00View SEC Filing Icon  
9/14/2021Sell2,500$416.75$1,041,875.00154,403View SEC Filing Icon  
7/22/2021Sell7,000$415.70$2,909,900.00154,403View SEC Filing Icon  
7/20/2021Sell8,000$414.31$3,314,480.00154,403View SEC Filing Icon  
6/21/2021Sell4,000$398.62$1,594,480.00154,181View SEC Filing Icon  
6/10/2021Sell2,000$402.00$804,000.00154,181View SEC Filing Icon  
4/19/2021Sell2,500$391.25$978,125.00154,181View SEC Filing Icon  
3/15/2021Sell4,000$353.32$1,413,280.00153,953View SEC Filing Icon  
2/11/2021Sell5,000$335.80$1,679,000.00153,953View SEC Filing Icon  
12/15/2020Sell2,500$340.00$850,000.00159,581View SEC Filing Icon  
12/10/2020Sell2,500$342.00$855,000.00159,487View SEC Filing Icon  
12/8/2020Sell7,000$349.78$2,448,460.00159,487View SEC Filing Icon  
8/13/2020Sell15,000$320.59$4,808,850.00159,215View SEC Filing Icon  
7/22/2020Sell10,000$303.50$3,035,000.00159,215View SEC Filing Icon  
3/20/2020Sell10,000$228.39$2,283,900.00158,598View SEC Filing Icon  
3/18/2020Sell5,000$212.00$1,060,000.00158,598View SEC Filing Icon  
3/16/2020Sell5,000$237.00$1,185,000.001,406,500View SEC Filing Icon  
2/19/2020Sell10,000$306.04$3,060,400.00158,598View SEC Filing Icon  
1/16/2020Sell15,000$299.45$4,491,750.00158,598View SEC Filing Icon  
10/16/2019Sell25,000$236.56$5,914,000.00163,331View SEC Filing Icon  
9/19/2019Sell2,500$233.40$583,500.00187,979View SEC Filing Icon  
9/17/2019Sell2,500$232.76$581,900.00187,979View SEC Filing Icon  
8/23/2019Sell2,000$231.50$463,000.00187,979View SEC Filing Icon  
8/8/2019Sell5,000$246.40$1,232,000.00187,979View SEC Filing Icon  
6/11/2019Sell10,000$248.00$2,480,000.00187,663View SEC Filing Icon  
5/29/2019Sell10,000$241.99$2,419,900.00187,663View SEC Filing Icon  
4/24/2019Sell10,000$229.75$2,297,500.00187,663View SEC Filing Icon  
3/19/2019Sell5,000$257.32$1,286,600.00182,454View SEC Filing Icon  
3/12/2019Sell5,000$245.01$1,225,050.00182,372View SEC Filing Icon  
1/17/2019Sell15,000$260.55$3,908,250.00193,872View SEC Filing Icon  
11/28/2018Sell6,090$281.72$1,715,674.801,711,584View SEC Filing Icon  
9/12/2018Sell20,000$263.41$5,268,200.001,720,112View SEC Filing Icon  
8/1/2018Sell15,000$254.79$3,821,850.00View SEC Filing Icon  
5/21/2018Sell15,000$248.82$3,732,300.001,746,533View SEC Filing Icon  
4/23/2018Sell15,000$234.20$3,513,000.001,761,533View SEC Filing Icon  
3/19/2018Sell10,000$224.36$2,243,600.001,771,257View SEC Filing Icon  
3/1/2018Sell10,400$229.87$2,390,648.001,781,657View SEC Filing Icon  
8/21/2017Sell15,000$191.71$2,875,650.001,818,898View SEC Filing Icon  
1/31/2017Sell10,000$161.68$1,616,800.001,921,191View SEC Filing Icon  
12/15/2016Sell15,000$159.80$2,397,000.001,940,030View SEC Filing Icon  
12/8/2016Sell45,000$158.66$7,139,700.001,944,949View SEC Filing Icon  
9/7/2016Sell40,000$135.31$5,412,400.002,003,550View SEC Filing Icon  
2/4/2016Sell50,000$113.69$5,684,500.002,032,605View SEC Filing Icon  
9/11/2015Sell50,000$117.62$5,881,000.002,060,305View SEC Filing Icon  
9/17/2014Sell100,000$87.03$8,703,000.00View SEC Filing Icon  
7/24/2013Sell100,000$72.94$7,294,000.00View SEC Filing Icon  
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Richard T. Burke Buying and Selling Activity at UnitedHealth Group

This chart shows Richard T Burke's buying and selling at UnitedHealth Group by year and by quarter.

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UnitedHealth Group Company Overview

UnitedHealth Group logo
UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage. The OptumHealth segment provides care delivery, care management, wellness and consumer engagement, and health financial services for consumers, care delivery systems, providers, employers, payers, and public-sector entities. The OptumInsight segment offers software and information products, advisory consulting arrangements, and managed services outsourcing contracts to hospital systems, physicians, health plans, governments, life sciences companies, and other organizations. The OptumRx segment provides pharmacy care services and programs, including retail network contracting, home delivery, specialty and community health pharmacy services, and purchasing and clinical capabilities, as well as develops programs in the areas of step therapy, formulary management, drug adherence, and disease/drug therapy management. UnitedHealth Group Incorporated was incorporated in 1977 and is based in Minnetonka, Minnesota.
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Today's Range

Now: $549.77
Low: $544.54
High: $551.73

50 Day Range

MA: $534.81
Low: $509.47
High: $553.00

2 Week Range

Now: $549.77
Low: $445.68
High: $554.70


2,039,910 shs

Average Volume

2,636,630 shs

Market Capitalization

$508.49 billion

P/E Ratio


Dividend Yield