Throughout his time at Norwegian Cruise Line, Frank J. Del Rio had substantial stakes in the company, particularly during key recovery periods. In 2019, his holdings peaked around $27.10 million. However, as the stock market fluctuated with the pandemic and...
Throughout his time at Norwegian Cruise Line, Frank J. Del Rio had substantial stakes in the company, particularly during key recovery periods. In 2019, his holdings peaked around $27.10 million. However, as the stock market fluctuated with the pandemic and recovery phases, values varied significantly, with holdings dropping to as low as $7.09 million in mid-2020. By the end of his tenure in 2023, his holdings were worth approximately $29.70 million. Frank's financial strategies appeared to align well with the company's performance, reflecting the highs and lows faced by the cruise industry overall. His wealth was heavily tied to Norwegian’s stock performance, emphasizing both the rewards and risks that come with such executive positions. The dramatic fluctuations in his holdings demonstrate the volatility and unpredictability in the travel sector, particularly in a pandemic-impacted economy.