Michael Combs’ Net Worth: A Fortune Built on CorVel Success
CorVel CEO’s Assets and Sources of Wealth
Michael Combs, CEO of CorVel Corporation, has accumulated a net worth estimated at $11.1 million. The majority of his wealth stems from his significant holdings in CorVel stock.
CorVel Stock Holdings: A Major Contributor
Combs holds ownership of over 16,823 shares of CorVel stock, amounting to a stake valued at approximately $5,289,656. This substantial investment reflects his confidence in the company’s financial outlook.
Leadership and Company Success
Combs’ wealth is not solely tied to his stock holdings. His active involvement in CorVel’s leadership and strategic decision-making has contributed to the company’s strong performance. CorVel’s success has, in turn, boosted the value of Combs’ holdings.
Potential for Further Growth
Industry analysts predict continued growth for CorVel, a positive sign for Combs’ net worth. His unwavering commitment to the company’s success suggests that his wealth is set to increase alongside CorVel’s ongoing prosperity.
Key Points:
- Michael G. Combs has a net worth of $11.1 million, primarily derived from his CorVel stock holdings.
- His significant stake in CorVel, valued at over $5.28 million, fuels his wealth.
- Combs’ active leadership role in CorVel’s success has further contributed to his financial standing.
- The company’s promising future prospects indicate potential for Combs’ net worth to continue its upward trajectory.
Insider Trading Activities: A Note
It is important to acknowledge that Combs has engaged in insider trading, buying and selling large amounts of CorVel stock in recent years. While these transactions are reported and legal, they highlight the potential for conflicts of interest and legal implications.