William Thomas Dillard, also known as William T. Dillard II, is a renowned figure in the finance and retail industry. As the Chairman and CEO of Dillard’s, a leading fashion retailer with annual revenues surpassing $6.1 billion, he has played a crucial role in the company’s remarkable growth and success.
With over 9 trades of Dillard’s stock and significant ownership, Mr. Dillard’s financial achievements and net worth are of great interest. In this article, we explore his net worth, insider trading activities, and influence in the retail sector.
Early Life and Entrepreneurial Beginnings
Mr. Dillard’s early life and entrepreneurial beginnings played a significant role in shaping his success as a businessman. Born on September 2, 1914, in Mineral Springs, Arkansas, William Thomas Dillard grew up in a family of entrepreneurs. His father owned a small general store, where young William gained valuable insights into the retail industry and developed a strong work ethic.
Inspired by his father’s business acumen, Mr. Dillard embarked on his entrepreneurial journey at a young age. In 1938, at the age of 24, he opened his first store, a humble men’s clothing shop in Nashville, Arkansas. Recognizing the importance of providing quality products and exceptional customer service, Mr. Dillard quickly gained a reputation for offering a unique shopping experience.
This early success laid the foundation for what would become the Dillard’s empire. Over the years, Mr. Dillard expanded his business and adapted to changing market trends, eventually establishing Dillard’s as a prominent fashion apparel and home furnishings retailer.
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Investments and Business Ventures
To further expand his wealth, William Thomas Dillard has engaged in various investments and business ventures. One notable investment that Dillard has made is in the stock market. As the Chairman and CEO of Dillard’s, a fashion apparel and home furnishings retailer, he has made several trades of Dillard’s stock since 1993. The largest trade he made was exercising 525,000 units of Dillard’s stock on January 12, 2005. As of January 10, 2018, Dillard still owns at least 145,998 units of Dillard’s stock.
Aside from his involvement in the stock market, Dillard has also been actively involved in expanding his business empire. Dillard’s, under his leadership, operates nearly 300 locations spanning 29 states and generates annual revenues exceeding $6.1 billion. This success can be attributed to Dillard’s strategic business ventures, which have allowed the company to thrive in the highly competitive retail industry.
Dillard’s business ventures have not only contributed to his personal wealth but have also created numerous employment opportunities and boosted the economy. Through his investments and business ventures, William Thomas Dillard has not only solidified his position as a successful entrepreneur but has also made a significant impact on the business landscape.
Net Worth Analysis and Estimates
After considering various financial factors and evaluating assets and investments, conducting a net worth analysis and making estimates is essential in determining the overall financial standing of William Thomas Dillard. As the Chairman & CEO of Dillard’s, a fashion apparel and home furnishings retailer with annual revenues exceeding $6.1 billion, Mr. Dillard holds a significant position within the company.
In terms of stock trading, Mr. Dillard has made over 9 trades of Dillard’s stock since 1993, with his largest trade being the exercising of 525,000 units of Dillard’s stock on 12 January 2005. As of 10 January 2018, Mr. Dillard still owns at least 145,998 units of Dillard’s stock.
It is also worth noting that Mr. Dillard’s salary at Dillard’s is $1,162,239, which is lower than the compensation received by the top 6 executives at the company. Taking into account these factors, along with other potential assets and investments, a comprehensive net worth analysis and estimation can provide a clearer picture of Mr. Dillard’s financial standing.
Frequently Asked Questions
How Many Units of Dillard’s Stock Has William T. Dillard II Traded Since 1993?
William T. Dillard II has made over 9 trades of Dillard’s stock since 1993. The largest trade was exercising 525,000 units on 12 January 2005. On average, he trades about 6,913 units every 33 days.
What Is the Average Number of Units of Dillard’s Stock That William T. Dillard II Trades Every 33 Days?
The average number of units of Dillard’s stock that William T. Dillard II trades every 33 days is 6,913. Since 1993, he has made over 9 trades, with the largest trade being 525,000 units in 2005.
How Many Units of Dillard’s Stock Does William T. Dillard II Currently Own?
As of 10 January 2018, William T. Dillard II currently owns at least 145,998 units of Dillard’s stock. He has made over 9 trades since 1993, with an average of 6,913 units every 33 days.
Who Is the Highest-Paid Executive at Dillard’s?
The highest-paid executive at Dillard’s is Alex Dillard, with a total compensation of $7,761,480. This information is based on the company’s financial records and includes salaries of other executives at Dillard’s.
How Much Total Compensation Does William T. Dillard II Receive at Dillard’s?
As of the available information, Mr. William T. Dillard II’s total compensation at Dillard’s is $1,162,239. It should be noted that this answer is solely based on the provided data and may not reflect the current or complete financial information.
In conclusion, William Thomas Dillard’s entrepreneurial spirit, leadership, and strategic vision have contributed to the success and growth of Dillard’s Inc. His extensive experience in the industry is evident in his stock trading activities and ownership of Dillard’s stock. While his compensation at the company is significant, there are other executives who earn higher salaries. With his philanthropic endeavors and legacy in the retail industry, William Thomas Dillard has made a lasting impact. The net worth of William Thomas Dillard is an impressive testament to his financial achievements.