Richard C. Adkerson holds over 3 million shares of Freeport-McMoRan stock. His wealth has fluctuated significantly with the company's performance. During his early years as CEO, he focused on driving the stock price higher, aligning his interests with those of...
Richard C. Adkerson holds over 3 million shares of Freeport-McMoRan stock. His wealth has fluctuated significantly with the company's performance. During his early years as CEO, he focused on driving the stock price higher, aligning his interests with those of shareholders. His largest wealth spike occurred in 2010, where his stock and vested options totalled around $40 million. From 2015 to 2022, fluctuations were notable, as he decided not to take bonuses in tougher years, reflecting his commitment to the company’s performance over personal gain. In recent years, despite ups and downs in stock prices, his holdings remain substantial, showcasing his long-term belief in Freeport's growth.