As of late 2019, Reed Hastings held over 5 million shares of Netflix, valued at approximately $1.9 billion. His holdings grew alongside Netflix's rise, peaking with a significant stock option grant in 2019 worth $30.8 million. By 2023, his focus...
As of late 2019, Reed Hastings held over 5 million shares of Netflix, valued at approximately $1.9 billion. His holdings grew alongside Netflix's rise, peaking with a significant stock option grant in 2019 worth $30.8 million. By 2023, his focus shifted from daily operations to broader company strategy, maintaining a strong financial position even as he transitioned to a new role. This change marked a strategy to allow new leaders to guide Netflix while Hastings kept his financial stake in Netflix substantial. Over his tenure, he demonstrated his commitment by making investments that reflected his confidence in the company, with fluctuations in his holdings pointing to strategic decisions timed around market performance and company growth.