The estimated Net Worth of Joel S Marcus is at least $159 Million dollars as of 23 June 2024. Mr. Marcus owns over 1,567 units of Alexandria Real Estate Equities stock worth over $4,971,393 and over the last 21 years he sold ARE stock worth over $143,115,087. In addition, he makes $11,041,500 as Executive Chairman of the Board at Alexandria Real Estate Equities.
Joel has made over 122 trades of the Alexandria Real Estate Equities stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 1,567 units of ARE stock worth $188,949 on 23 June 2024.
The largest trade he's ever made was buying 150,000 units of Alexandria Real Estate Equities stock on 16 May 2019 worth over $1,500,000. On average, Joel trades about 7,152 units every 15 days since 2003. As of 23 June 2024 he still owns at least 41,229 units of Alexandria Real Estate Equities stock.
You can see the complete history of Mr. Marcus stock trades at the bottom of the page.
Joel S. Marcus J.D. CPA., serves as Executive Chairman of the Board of Alexandria Real Estate Equities, Inc. Prior to April 2018, Mr. Marcus served as the Company’s Chairman, Chief Executive Officer, and President. Mr. Marcus co-founded the Company in 1994 as a garage startup with $19 million in Series A capital and led its growth into an S&P 500® company with a total market capitalization of approximately $26.3 billion as of December 31, 2019, and significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. In 1996, Mr. Marcus founded the company’s strategic venture capital arm, Alexandria Venture Investments, to provide strategic venture capital to innovative life science, technology, and agtech entities developing novel therapies and technologies. Mr. Marcus introduced the Company’s thought leadership platform in 2011, when he co-founded the renowned Alexandria Summit®, which convenes a diverse group of visionary partners and key stakeholders — from the biopharma, technology, agribusiness, medical, academic, venture and private equity capital, philanthropy, patient advocacy, and government communities — to address the most critical challenges in healthcare. Under Mr. Marcus’s direction, Alexandria has been deeply committed to improving the health and vitality of the communities where we live and work, and beyond, since the Company was founded. With a focus on sustainability and philanthropy, Alexandria’s corporate responsibility program, which was formalized by Mr. Marcus in 2007, affirms the company’s commitment to making a positive and lasting impact on the world. Prior to co-founding Alexandria, Mr. Marcus had an extensive legal career specializing in corporate finance and capital markets, venture capital, and mergers and acquisitions. During that time, he acquired an expertise in the biopharmaceutical industry and was one of the principal architects of the Kirin-Amgen European Patent Office joint venture in 19
As the Executive Chairman of the Board of Alexandria Real Estate Equities, the total compensation of Joel Marcus at Alexandria Real Estate Equities is $11,041,500. There are no executives at Alexandria Real Estate Equities getting paid more.
Joel Marcus is 72, he's been the Executive Chairman of the Board of Alexandria Real Estate Equities since 2018. There are 2 older and 29 younger executives at Alexandria Real Estate Equities. The oldest executive at Alexandria Real Estate Equities Inc. is John Atkins, 76, who is the Independent Director.
Joel's mailing address filed with the SEC is C/O ALEXANDRIA REAL ESTATE EQUITIES,INC., 26 NORTH EUCLID AVENUE, PASADENA, CA, 91101.
Over the last 23 years, insiders at Alexandria Real Estate Equities have traded over $321,052,616 worth of Alexandria Real Estate Equities stock and bought 2,600 units worth $206,214 . The most active insiders traders include Joel S Marcus, Dean A Shigenaga, and Stephen Richardson. On average, Alexandria Real Estate Equities executives and independent directors trade stock every 13 days with the average trade being worth of $838,031. The most recent stock trade was executed by Orraparn C. Lee on 13 March 2024, trading 3,000 units of ARE stock currently worth $380,010.
alexandria real estate equities, inc. (nyse:are) is the largest and leading office reit uniquely focused on collaborative science and technology campuses in urban innovation clusters. alexandria pioneered this niche in 1994 and has since established a dominant market presence in aaa locations, including greater boston, san francisco, new york city, san diego, seattle, maryland, and research triangle park. alexandria is known for its high-quality and diverse client tenant base. alexandria has a longstanding and proven track record of developing class a assets clustered in urban science and technology campuses that provide its innovative client tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success.
Alexandria Real Estate Equities executives and other stock owners filed with the SEC include: