At one point, Charles Prince held over 13,000 shares of Citigroup stock, worth over $834,000. His holdings included deferred stock awards valued at more than $1.2 million. Notably, when he retired in December 2007, he had stock options worth an...

At one point, Charles Prince held over 13,000 shares of Citigroup stock, worth over $834,000. His holdings included deferred stock awards valued at more than $1.2 million. Notably, when he retired in December 2007, he had stock options worth an estimated $1.27 million, assuming Citigroup's stock price remained favorable. This means that during his time at the helm, a significant part of his personal wealth was tied to the company's fortunes, which fluctuated greatly during the financial crisis. Before retirement, Prince’s stock awards had appreciated to approximately $16 million, showcasing a peak in his earning potential tied directly to Citigroup’s performance. His wealth in Citigroup holdings illustrates the close links between executive pay and stock ownership, especially relevant in the volatile financial sector, where risks can lead to dramatic ups and downs.