The estimated Net Worth of Raymond Wong is at least $7.2 million dollars as of 23 November 2021. Mr. Wong owns over 523 units of Alleghany stock worth over $6,867,099 and over the last 18 years he sold Y stock worth over $60,486. In addition, he makes $277,265 as Independent Director at Alleghany.
Raymond has made over 17 trades of the Alleghany stock since 2008, according to the Form 4 filled with the SEC. Most recently he exercised 523 units of Y stock worth $170,885 on 23 November 2021.
The largest trade he's ever made was buying 630 units of Alleghany stock on 27 December 2011 worth over $179,273. On average, Raymond trades about 220 units every 147 days since 2007. As of 23 November 2021 he still owns at least 8,100 units of Alleghany stock.
You can see the complete history of Mr. Wong stock trades at the bottom of the page.
Raymond L.M. Wong serves as Independent Director of the Company. Mr. Wong is currently a Managing Director responsible for private equity at Spring Mountain Capital, LP, an investment management company which he joined in 2007. Prior to that, from 2002 until 2007, Mr. Wong was the Managing Member of DeFee Lee Pond Capital LLC, a financial advisory and private investment company. In addition, Mr. Wong is a director of several private companies, including Health Platforms, Inc. (Doctor.com), a healthcare marketing technology company, Oncoceutics, Inc., a biopharmaceutical company, One Clipboard, Inc. (Splash), an event marketing technology company, RiskSense, Inc., a cybersecurity company, VALC Enterprises, Inc. (Home Captain), a financial technology company, and Vergent BioScience, Inc., a biotechnology company. Mr. Wong’s qualifications to serve on the Board also include his business experience, which includes his 25 years as a managing director in the investment banking group of Merrill Lynch & Co., Inc., his experience in private equity and service as a Board member of private companies and his financial expertise.
As the Independent Director of Alleghany, the total compensation of Raymond Wong at Alleghany is $277,265. There are 11 executives at Alleghany getting paid more, with Weston Hicks having the highest compensation of $13,993,100.
Raymond Wong is 67, he's been the Independent Director of Alleghany since 2006. There are 3 older and 14 younger executives at Alleghany. The oldest executive at Alleghany Corp. is Phillip Martineau, 72, who is the Independent Director.
Raymond's mailing address filed with the SEC is ALLEGHANY CORPORATION, 1411 BROADWAY, 34TH FLOOR, NEW YORK, NY, 10018.
Over the last 22 years, insiders at Alleghany have traded over $48,151,161 worth of Alleghany stock and bought 35,879 units worth $14,213,804 . The most active insiders traders include Thomas S Johnson, Weston M Hicks et Allan P Jr Kirby. On average, Alleghany executives and independent directors trade stock every 33 days with the average trade being worth of $1,211,492. The most recent stock trade was executed by John G Foos on 22 March 2022, trading 223 units of Y stock currently worth $72,863.
Alleghany Corporation creates value through owning and supporting its operating subsidiaries and managing investments, anchored by a core position in property and casualty reinsurance and insurance. Alleghany's property and casualty subsidiaries include: Transatlantic Holdings, Inc., a leading global reinsurer; RSUI Group, Inc., which underwrites wholesale specialty insurance coverages including property, casualty, professional liability and directors' and officers' liability; and CapSpecialty, Inc., an underwriter of commercial property, casualty and surety insurance coverages. Alleghany's subsidiary Alleghany Capital Corporation owns and manages a diverse portfolio of non-financial businesses.
Alleghany executives and other stock owners filed with the SEC include: