Unveiling Scott Phillips’s Net Worth: An Informative Analysis of His Wealth and Insider Trading
Phillips’s Net Worth: A Growing Fortune
Scott Phillips, former spouse of actress Julie Bowen, has amassed a substantial net worth of $33.6 million as of April 2021. This impressive wealth is primarily driven by his ownership of shares in WEX Inc., where he serves as President - Global Fleet. His stake in the company is valued at over $5.4 million.
Insider Trading: A Significant Contributor
Phillips’s insider trading activities have also played a significant role in his financial growth. Over the past eight years, his stock transactions have exceeded $25 million, further contributing to his net worth.
Sources of Income and Investments
Apart from his WEX Inc. holdings, Phillips earns an annual salary of $2,283,960 as President - Global Fleet. He further diversifies his portfolio with investments in First Busey.
Diversification and Growth
Phillips’s savvy investment strategies and market knowledge have positioned him for continued financial growth. His diversified portfolio, consisting of WEX Inc. shares, First Busey investments, and insider trading, is likely to see further appreciation in the future.
Personal Profile: A Private Life
Despite his wealth and success, Phillips maintains a relatively private life. Following his divorce from Julie Bowen in 2018, he has chosen to focus on his personal life and stay out of the limelight.
Phillips 66: A Financial Titan
In the energy sector, Phillips 66 stands as a global powerhouse with an impressive net worth of $55.33 billion as of 2024. Its diversified operations in refining, midstream, marketing, and chemicals ensure financial stability and growth.
What’s New with Scott Phillips?
Phillips, after departing from WEX Inc., has ventured into real estate, acquiring multiple properties in the Hollywood area. He remains actively involved in the business world, while maintaining the privacy of his current endeavors and personal life.
River Phillips: Net Worth and Business Acumen
River Phillips, President - Global Fleet at WEX Inc., possesses an estimated net worth of $33.5 million as of April 2021. His wealth is attributed to his shares in WEX Inc., his substantial salary, and stock options. He has also engaged in insider stock trading, further boosting his net worth.
Key Takeaways
- Scott Phillips’s net worth is estimated at $33.6 million, primarily driven by his WEX Inc. holdings and insider trading.
- Phillips 66 boasts a massive net worth of $55.33 billion due to its diversified energy operations.
- River Phillips’s net worth of $33.5 million reflects his successful career at WEX Inc. and his involvement in real estate investments.