| CEO Name | John B. Hess |
| Nationality | United States |
| Net Worth Estimation | $700 million |
John B. Hess's estimated net worth of around $700 million stems primarily from his significant equity holdings in Hess Corporation and decades of leadership as CEO, driving the company's value and his compensation through salary, bonuses, and stock awards. Additional wealth comes from inherited family assets, as he is the son of company founder Leon Hess, further augmenting his financial standing.
John B. Hess, CEO of Hess Corporation, has an estimated net worth of $700 million, which places him near the top, at 87.5%, of the $1 million to $800 million net worth range among energy sector CEOs. His financial standing highlights significant success within the industry.
Business Category: Energy
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 800000000 USD
John B. Hess Performance in Hess Corporation
John B. Hess, CEO of Hess Corporation, exhibits decisive leadership focused on strategic growth and operational efficiency. His decision-making emphasizes agile adaptation to the energy market, driving exploration and production profitability. Under his leadership, Hess has achieved improved financial performance, strengthened asset portfolio, and enhanced shareholder value.
Latest News
Hess Corporation CEO John B. Hess and recent developments
Hess CEO John B. Hess recently sold $55.6 million in company stock while retaining significant shares, reflecting strong financial health; meanwhile, Chevron's $53 billion acquisition of Hess is progressing well, with Hess assets boosting Chevron's oil production. John Hess also secured a deal to keep the Hess toy truck line in the family despite the Chevron buyout, and joined Chevron's board as part of the transition.
Source: http://www.investing.com/news/insider-trading-news/hess-corp-ceo-john-b-hess-sells-556-million-in-stock-93CH-3955590