Marc Gabelli Net Worth at least $2 million

Marc Gabelli, a renowned business executive, has made significant strides in the financial sector, amassing a notable fortune. As of June 30, 2024, Marc Gabelli’s estimated net worth stands at least $2 million. His investments and roles in various companies highlight his financial acumen and strategic vision. This article delves into his net worth, breaking down his major holdings and their implications.

Marc Gabelli’s Net Worth Breakdown

LGL Group Inc (LGL)

Marc Gabelli serves as the Director of LGL Group Inc, a company specializing in manufacturing and electronic components. His stake in LGL Group is substantial, with ownership of approximately 368,377 shares. These shares are valued at over $2 million, contributing significantly to his net worth.

GAMCO Investors Inc (GAMI)

In addition to his role at LGL Group Inc, Marc Gabelli is also the Director of GAMCO Investors Inc. His holdings in GAMCO Investors include about 1,237 shares, valued at over $30,059. Although this is a smaller portion compared to his LGL Group shares, it still reflects his diverse investment portfolio.

Marc Gabelli’s Latest Holdings Summary

Marc Gabelli’s investment portfolio showcases his strategic approach to asset management. The holdings mentioned above are derived from SEC filings, providing a transparent view of his financial engagements. It’s important to note that these estimations assume that Marc Gabelli has not made any transactions since November 6, 2014, and still retains the listed stocks.

Conclusion

Marc Gabelli’s estimated net worth of at least $2 million as of June 30, 2024, underscores his successful career in the financial sector. His significant holdings in LGL Group Inc and GAMCO Investors Inc highlight his strategic investments and business acumen. For those looking to understand the financial landscape and the key players within it, Marc Gabelli’s financial journey offers valuable insights.

Disclaimer

The insider information provided is derived from SEC filings. The estimated net worth is based on the assumption that Marc Gabelli has not made any transactions after November 6, 2014, and currently still holds the listed stock(s).