The estimated Net Worth of Howard M Lorber is at least $169 million dollars as of 8 July 2024. Mr. Lorber owns over 100,000 units of Vector Ltd stock worth over $80,380,350 and over the last 21 years he sold VGR stock worth over $76,507,358. In addition, he makes $11,675,500 as President, Chief Executive Officer et Director at Vector Ltd.
Howard has made over 65 trades of the Vector Ltd stock since 2004, according to the Form 4 filled with the SEC. Most recently he bought 100,000 units of VGR stock worth $115,000 on 8 July 2024.
The largest trade he's ever made was exercising 1,303,113 units of Vector Ltd stock on 18 November 2019 worth over $11,297,990. On average, Howard trades about 76,976 units every 33 days since 2003. As of 8 July 2024 he still owns at least 5,405,538 units of Vector Ltd stock.
You can see the complete history of Mr. Lorber stock trades at the bottom of the page.
Howard M. Lorber is President, Chief Executive Officer, Director of the Company. He has also served as Chairman of the Board of Directors since 1987 and Chief Executive Officer from November 1993 to December 2006 of Nathan’s Famous, Inc. (NASDAQ: NATH), a chain of fast food restaurants; Chairman of the Board of Ladenburg Thalmann Financial Services (NYSE American: LTS) from May 2001 to July 2006 and Vice Chairman from July 2006 to February 2020; and as a director of Clipper Realty Inc. (NYSE: CLPR) since July 2015. Mr. Lorber was a member of the Board of Directors of Morgans Hotel Group Co. (NASDAQ: MHGC) from March 2015 until November 2016 and served as Chairman from May 2015 to November 2016. From November 1994 to December 2005, Mr. Lorber served as President and Chief Operating Officer of New Valley, where he also served as a director. Mr. Lorber was Chairman of the Board of Hallman & Lorber Assoc., Inc., consultants and actuaries of qualified pension and profit sharing plans, and various of its affiliates from 1975 to December 2004 and has been a consultant to these entities since January 2005. He is also a trustee of Long Island University. Mr. Lorber's pertinent experience, qualifications, attributes and skills include the knowledge and experience in the real estate and cigarette industry he has attained through his service as our President and a member of our Board of Directors since 2001 as well as his service as a director of other publicly-traded corporations.
As the President, Chief Executive Officer et Director of Vector Ltd, the total compensation of Howard Lorber at Vector Ltd is $11,675,500. There are no executives at Vector Ltd getting paid more.
Howard Lorber is 71, he's been the President, Chief Executive Officer et Director of Vector Ltd since 2006. There are 7 older and 10 younger executives at Vector Ltd. The oldest executive at Vector Group Ltd is Stanley Arkin, 82, who is the Independent Director.
Howard's mailing address filed with the SEC is C/O DOUGLAS ELLIMAN INC., 4400 BISCAYNE BLVD; 10TH FLOOR, MIAMI, FL, 33137.
Over the last 21 years, insiders at Vector Ltd have traded over $688,678,089 worth of Vector Ltd stock and bought 7,572,003 units worth $131,594,927 . The most active insiders traders include Phillip Md Et Al Frost Gamm..., Bennett S Lebow et Howard M Lorber. On average, Vector Ltd executives and independent directors trade stock every 36 days with the average trade being worth of $4,591,692. The most recent stock trade was executed by Bennett S Lebow on 13 December 2023, trading 171,054 units of VGR stock currently worth $1,999,621.
Vector Group Ltd. is an American diversified holding company with two major businesses: Liggett Group LLC (tobacco) and New Valley LLC (real estate), including Douglas Elliman. Vector Group was previously called Brooke Group.
Vector Ltd executives and other stock owners filed with the SEC include: