John Hess Net Worth How Much Is John Hess Worth? ·
Sophia Sparks
Published Jan 18, 2026
Curious to know how much John Hess is worth? Look no further! In this article, we will delve into the net worth of John B Hess, the CEO and Director of Hess Corporation. Discover the wealth and fortune that he has accumulated over the years through his successful career in the energy industry.
John B Hess is a prominent figure in the energy sector, known for his leadership and contributions to the Hess Corporation. Let’s explore his net worth, career journey, and insider trading activities, giving you an insight into his financial status and the impact he has made in the industry.
Key Takeaways:
- John B Hess has an estimated net worth of at least $662 million as of January 31, 2023.
- He is the CEO and Director of Hess Corporation.
- John Hess owns over 328,947 units of Hess stock, worth over $113 million.
- He has earned $13,493,700 as the Chief Executive Officer and Director of Hess Corporation.
- Stay tuned to learn more about John Hess’s career, insider trading, and the Hess Corporation family legacy!
Career and Insider Trading of John B Hess
John B Hess has over 40 years of experience with Hess Corporation, gaining extensive knowledge of the company’s strategy and operations throughout his career. As an insider, John Hess has actively engaged in trading the Hess stock since 2006, further boosting his financial status and assets.
One of John Hess’s notable recent trading activities involves the sale of 328,947 units of HES stock, which amounted to a substantial $46,401,264. Additionally, he made a significant trade on September 4, 2019, when he sold 924,364 units of Hess stock, surpassing a staggering value of $60 million.
As of January 31, 2023, John Hess still retains a considerable number of shares, with a minimum ownership of 789,103 units of Hess stock, consolidating his financial position and earnings.
Insider Trading of John B Hess
| Date | Type of Trade | Units | Value ($) |
|---|---|---|---|
| September 4, 2019 | Sell | 924,364 | 60,320,256 |
| September 1, 2017 | Sell | 37,588 | 3,345,163 |
| October 29, 2015 | Sell | 100,000 | 6,199,000 |
| March 7, 2014 | Sell | 196,102 | 14,467,364 |
| February 20, 2013 | Sell | 166,000 | 11,366,648 |
John B Hess’s insider trading activities provide insight into his involvement within the company and the impact it has on his financial status and earnings. These transactions exemplify his astute understanding of market trends and his ability to make strategic decisions to maximize his assets.
Hess Corporation and Its Business
Hess Corporation is an American global independent energy company primarily engaged in the exploration and production of crude oil and natural gas. The company is also involved in gathering, compressing, and processing natural gas. With a long history and exceptional expertise, Hess Corporation has become one of the nation’s most iconic energy brands.
The Hess Corporation logo, an emblem of its strong presence in the industry, is widely recognized for its distinctive design and represents the company’s commitment to delivering reliable energy solutions.
Hess Family and Ownership
The Hess family has played a significant role in the ownership and control of Hess Corporation. Founded by Leon Hess, the family’s influence has spanned generations, shaping the company into what it is today. Leon Hess took the helm of his father’s bankrupt heating oil distribution firm and transformed it into a major integrated energy company, marking the beginning of the Hess family’s legacy.
Currently, Leon’s son, John B Hess, holds the position of CEO and continues to guide the company forward. However, over time, the family’s control has faced challenges. One notable hurdle came from billionaire hedge fund manager Paul Singer, who exerted pressure on John Hess to split the roles of Chairman and CEO, weakening the family’s control and influence over the board.
“The Hess family’s ownership has faced challenges, but their commitment to the company’s success remains strong.”
Despite these challenges, the Hess family’s dedication to the company’s success is unwavering. Their continued involvement and leadership have been instrumental in shaping the direction of Hess Corporation. However, it is important to note that the family’s grip on the company has weakened over time, as external forces and changing dynamics have shaped the corporate landscape.
| Leon Hess | John B Hess |
|---|---|
| Founder | Current CEO |
| Visionary leader | Continues the family legacy |
| Instrumental in company’s growth | Guides strategic decisions |
While the Hess family’s influence may have evolved, their commitment to the company and their dedication to the energy industry remain strong. The legacy of the Hess family is deeply ingrained in the history of the corporation and serves as a testament to their enduring impact.
John Hess’s Leadership and Compensation
John B Hess has been the Chief Executive Officer and Director of Hess Corporation since 2013. With his extensive knowledge of the company’s strategy and operations, he has demonstrated strong leadership in guiding the organization towards success.
As the CEO, John Hess is one of the highest-paid executives at Hess Corporation. His total compensation amounts to an impressive $13,493,700, reflecting his significant contributions to the company’s growth and profitability.
At Hess, John Hess’s salary is a testament to his invaluable role in driving the company’s success. His compensation package not only acknowledges his leadership abilities but also serves as recognition for his dedication and commitment to achieving outstanding results.
As the company’s top executive, John Hess’s remarkable compensation aligns with his responsibilities and the value he brings to the organization. His exceptional leadership and strategic decision-making have positioned Hess Corporation as a prominent player in the energy industry.
| Executive | Position | Total Compensation |
|---|---|---|
| John Hess | CEO and Director | $13,493,700 |
Note: The table above showcases the compensation of the top executives at Hess Corporation. John Hess’s position as CEO and Director is reflected in his outstanding total compensation of $13,493,700, surpassing that of other executives at the company.
John Hess’s compensation package reinforces his status as a highly regarded leader in the industry. His remuneration reflects not only his impressive track record but also his ongoing dedication to driving the success of Hess Corporation.
Insider Trading at Hess Corporation
Insiders at Hess Corporation, including John B Hess, have actively participated in the trading of Hess stock over the past 18 years, showcasing their confidence in the company’s future performance. These insider trades provide valuable insights into the sentiments and actions of those intimately familiar with the company’s operations and prospects.
Since 2006, insiders at Hess Corporation have collectively traded over $686.4 million worth of Hess stock, indicating a keen interest in the company’s financial success. Notably, John Hess alone has sold over $534.8 million worth of stock, reflecting a significant divestment strategy. These transactions serve as crucial indicators of insider sentiment and can have a meaningful impact on market perceptions and investor decisions.
The most recent insider transaction occurred on September 1, 2023, when Barbara J Lowery Yilmaz executed a trade involving 24,319 units of HES stock, valued at $1,574,898. This transaction further highlights the ongoing engagement of insiders in the trading activity of Hess Corporation.
“Insider trading within a company offers a unique perspective on the market outlook. It signifies the confidence, or lack thereof, that insiders possess in the company’s performance and prospects.”
Understanding the patterns and trends in insider trading at Hess Corporation can provide valuable insights for investors and analysts alike. By monitoring these transactions and the subsequent market reactions, stakeholders can gain a deeper understanding of the perceived value and trajectory of the company.
Insider Trading Overview
| Period | Total Insider Trading Volume | John B Hess Trading Volume |
|---|---|---|
| 2006 – 2023 | $686.4 million | $534.8 million |
Insider trading data at Hess Corporation demonstrates the active participation of company insiders in the trading activity of Hess stock. These transactions serve as important signals for investors, shedding light on the sentiments and actions of those with intimate knowledge of the company’s operations and outlook. Monitoring insider trading can provide unique insights into the future prospects and potential value of Hess Corporation.
John B Hess’s Other Holdings
In addition to his holdings in Hess Corporation, John B Hess has diversified his investment portfolio by owning significant stakes in other companies. These holdings contribute to his overall net worth and showcase his strategic investment approach.
DallasNews Corp (DALN)
One of John Hess’s notable holdings is DallasNews Corp (DALN). He owns approximately 3,662,636 shares of DALN stock, which is worth over $16 million. This investment demonstrates his interest in the media industry and his confidence in the company’s potential.
Hess Midstream LP (HESM)
John B Hess also holds 182,425 shares of Hess Midstream LP (HESM) stock, which is valued at over $6 million. This indicates his involvement in the midstream energy sector and his belief in Hess Midstream LP’s growth prospects.
KKR & Co Inc (KKR)
Another company in which John B Hess maintains a stake is KKR & Co Inc (KKR). Although the exact number of shares and their value are not disclosed publicly, this investment represents his participation in the private equity and asset management industry.
These other holdings contribute significantly to John B Hess’s overall net worth, diversifying his wealth and reflecting his confidence in various sectors of the economy.
| Company | Number of Shares | Value (USD) |
|---|---|---|
| DallasNews Corp (DALN) | 3,662,636 | $16,000,000+ |
| Hess Midstream LP (HESM) | 182,425 | $6,000,000+ |
| KKR & Co Inc (KKR) | N/A | N/A |
The Hess Corporation Family Legacy
The Hess Corporation has a strong family legacy. Leon Hess, the founder of the company, took over his father’s bankrupt heating oil distribution firm and transformed it into a major integrated energy company. He built an iconic brand and established the Hess family’s control over the company. The family has faced challenges in maintaining their ownership and control, but their legacy in the energy industry remains.
Conclusion
In conclusion, John B Hess, the CEO and Director of Hess Corporation, has built a significant net worth throughout his career. With an estimated net worth of at least $662 million, his holdings in Hess stock and other companies contribute to his financial success.
As one of the highest-paid executives in the company, John Hess has earned substantial salary and compensation. His leadership skills have been vital in guiding Hess Corporation through various challenges and opportunities.
In addition to his role in the company, John Hess’s notable insider trading activities have attracted attention. His strategic stock trades over the years demonstrate his deep knowledge of the market and his ability to make informed decisions.
Furthermore, the Hess family has left an undeniable legacy in the energy industry. Founded by Leon Hess, the company’s transformation into a major integrated energy corporation under his leadership has paved the way for John B Hess to further the family’s success.
FAQ
How much is John Hess worth?
According to the latest available data, John B Hess has an estimated net worth of at least 2 million as of January 31, 2023.
What is John Hess’s salary?
John Hess earns ,493,700 as the Chief Executive Officer and Director of Hess Corporation.
How much stock does John Hess own?
John Hess owns over 328,947 units of Hess stock, which are worth over 3 million. As of January 31, 2023, he still owns at least 789,103 units of Hess stock.
What is Hess Corporation?
Hess Corporation is an American global independent energy company primarily engaged in the exploration and production of crude oil and natural gas.
Who founded Hess Corporation?
The company was founded by Leon Hess, who took over his father’s bankrupt heating oil distribution firm and transformed it into a major integrated energy company.
How long has John Hess been the CEO of Hess Corporation?
John B Hess has been the Chief Executive Officer and Director of Hess Corporation since 2013.
How much insider trading has occurred at Hess Corporation?
Insiders at Hess Corporation, including John B Hess, have traded over 6.4 million worth of Hess stock in the past 18 years.
What are John Hess’s other holdings?
In addition to his holdings in Hess Corporation, John B Hess also owns stakes in other companies, including DallasNews Corp, Hess Midstream LP, and KKR & Co Inc.
What is the legacy of the Hess family in the energy industry?
The Hess family has a strong legacy in the energy industry. Leon Hess, the founder, built an iconic brand and established the family’s control over Hess Corporation.
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