Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,413,222,109 as of February 22nd. That same year, he launched the footwear brand Swear. Pattison also owns Ripley's Believe It Or Not and The Guinness Book of World Records. . "I was a 16-year-old running two crews," Richison said. Learn More about Chad R. Richison's net worth. Elon Musk received the largest CEO award in 2018 when he was given stocks valued at $2.3 billion by his company Tesla. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. Paycom's market value jumped from $2B five years ago to $22.7B based on Monday's, April 5, closing stock price, according to the latest report in the Wall Street Journal. His partner retired in 2008 and he is now the sole owner and CEO of the company. Frederick C. Peters II who sold 1,000 units worth 2/08/2023 The Giving Pledge was founded by Bill and Melinda Gates and Warren Buffet in 2010 as a "movement of philanthropists who commit to giving the majority of their wealth to philanthropy or charitable causes, either during their lifetimes or in their wills." With an estimated net worth at the U.S. $2.1 billion, Richison is one of Oklahoma's . He grabbed it. The estimated Net Worth of Chad R. Richison is at least $1.85 Billion dollars as of 11 May 2022. Since going public at 15 per share in April 2014, Paycom's stock soared more than 1,400% to roughly 230 a share. Learn all the ways IBDs top investing tools can help you succeed in the market! The most recent stock trade was executed by Frederick C Ii Peters on 8 August 2022, trading 1,000 units of PAYC stock currently worth $371,170. Craig E Boelte, Chief Financial Officer, Commentdocument.getElementById("comment").setAttribute("id","aab64a1e44465d7d12b4c53cfb010759");document.getElementById("f8e4e772f6").setAttribute("id","comment"); Save my name, email, and website in this browser for the next time I comment. Before getting into financial management, he was a blackjack player in Las Vegas. Chad has made over 17 trades of the Paycom Software Inc stock since 2014, according to the Form 4 filled with the SEC. ga('ads.send', { Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer, and Director of Paycom Software Inc since 2016. All rights reserved. let gads_event; You may cancel your subscription at anytime by calling This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. Veritas Software, early Facebook employee. Most didn't even have websites. The company has expanded to 20 cities across the country and sold more than 100,000 homes. He earns a strong 9 out of 10 on the Forbes' self-made score. This net worth evaluation does not reflect any other investments that Mr. Richison may own. "In the '90s, you had one or two people in payroll that knew the system, and you had to call them." Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. Photo . Paycom is currently No. Its cloud-based software solution is based on a core system of record maintained in a single database for all human capital management functions, providing the functionality that businesses need to manage the complete employment lifecycle, from recruitment to retirement. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. We are no longer accepting comments on this article. Rich Barton graduated from Stanford with a degree in engineering in 1989. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. Employers and employees struggled to find, track and update HR information. "No one calls a bank anymore to void a check or transfer money, and we don't email an airline to buy a plane ticket or book a table for dinner over the phone," Richison said. Over the years, he expanded and grew his empire to include Gordon V. Hartman Enterprises which was comprised of Horizon Mortgage, Hartman Title, and Hartman Insurance Services. His first name is Chad and his last name is Richardson. Learn More on Chad R. Richison's salary. ". Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. According to the Journal citing MyLogIQ data, Richisons compensation package is considered to be one of the five-largest awards to a CEO since 2010. . He reportedly owns over 20 million shares in Facebook stock, making him a billionaire. Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. Insider trading is most common in May, with the busiest year in 2015. Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,382,966,468 and over the last 9 years he sold PAYC stock worth over $464,538,932. },false) Its current areas of focus are education; neuroscience and psychology; public policy; the arts and Covid-19 research. Richison, of Tuttle, Oklahoma, has a rating of 9/10 on Forbes' self-made score - which makes him a 'true rags-to-riches' story, according to the outlet. Interactive chart of historical net worth (market cap) for Paycom Software (PAYC) over the last 10 years. What's worse, payroll data, time-off requests, attendance records, benefits files, tax-withholding forms and employee reviews were scattered all over. Chad R. Richison has not been actively trading shares of Paycom Software in the last ninety days. }); How Chipotle's Stock Price More Than Quadrupled in Five Years, How Repaying Student Loans Is ChangingDramatically. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'buzzlearn_com-medrectangle-3','ezslot_6',126,'0','0'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-medrectangle-3-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'buzzlearn_com-medrectangle-3','ezslot_7',126,'0','1'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-medrectangle-3-0_1');.medrectangle-3-multi-126{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}On Buzzlearn.com, Chad is listed as a successful Actor who was born in the year of 1970. Fixing it was a massive opportunity. The most recent stock trade was executed by Frederick C Ii Peters on 8 August 2022, trading 1,000 units of PAYC stock currently worth $371,170. eventAction: 'load' Richison, a former senior manager at payroll firm ADP, founded Paycom in 1998. Chad Richison's largest sale order was 9,611 units , worth over Richison said in today's internet-connected world there's no need for HR managers or payroll and recruitment staff to type in employee data. pg.acq.push(function() { 'In high school, I started my first business hauling hay. He co-founded Altos Computer Systems in 1999. According to Forbes data, Richison has a net worth around $2.9 billion making him the1,064 on a list of the world's billionaires. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. Richison has a net worth of $2.9 billion He has donated $57 million so far Chad Richison, founder and CEO of Paycom, was recently crowned as the highest-paid top executive among S&P 500. Move over, Elon Musk and Tim Cook. He is famous for being a successful Actor. He added: "I worked all day long." In a nod to his high school sporting career, the sizable donation gives the next generation the facilities needed to progress . "Determination, flexibility, support and belief in yourself will empower you to accomplish your goals. Chad Richison is an American entrepreneur who has served as President and Chief Executive Officer of Paycom since its founding. Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. $ + tax "It has to be 100% accurate. Expedia was the result of Barton's idea. This would liberate businesses to do more strategic and value-added work rather than paper-intensive administrative stuff. Paycom Software Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. His idea isnow one of the world's fastest-growing companies. This documentary-style series follows investigative journalists as they uncover the truth. He wanted to create an online travel company. In addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive Officer a Director at Paycom Software Inc. Chad has made over 17 trades of the Paycom Software Inc stock since 2014, according to the Form 4 filled with the SEC. Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. Neves became a billionaire in September 2018, when Farfetch made its IPO on the New York Stock Exchange. The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. Before founding one of the nation's fastest-growing software companies and becoming a billionaire, Richison learned the value of zeroing in on what's trending in business. Jim Pattison is the Chairman, President, CEO, and sole owner of the Vancouver-based Jim Pattison Group, Canada's third-largest privately held company. He has had success with his investments in Google, Ask Jeeves, and PayPal. Paycom founder Chad Richison has become the highest-paid CEO in the S&P 500 after he was awarded a 2020 compensation package worth $211 million, it has been revealed. window.adsContainer = {"positionAfterTitle":{"code":"Article_Desktop_300x250_Middle5_Rel_Newrev","isOrganicUserAd":true,"max_width":336,"max_height":280},"position2":{"code":"Article_Desktop_300x250_After_Title_Rel_Newrev","max_width":336,"max_height":280},"position3":{"code":"Article_Desktop_300x250_Below_Next_Rel_Newrev","max_width":300,"max_height":250},"position4":{"code":"Article_Desktop_300x250_Middle_Rel_Newrev","max_width":300,"max_height":250},"position5":{"code":"Article_Desktop_300x250_Middle1_Rel_Newrev","max_width":300,"max_height":250},"position6":{"code":"Article_Desktop_300x250_Middle2_Rel_Newrev","max_width":336,"max_height":280},"position7":{"code":"Article_Desktop_300x250_Middle3_Rel_Newrev","max_width":300,"max_height":250},"position8":{"code":"Article_Desktop_300x250_Middle4_Rel_Newrev","max_width":300,"max_height":250},"position9":{"code":"Article_Desktop_300x250_Middle5_Rel_Newrev","max_width":336,"max_height":280},"position10":{"code":"Article_Desktop_300x250_Middle6_Rel_Newrev","max_width":336,"max_height":280},"position11":{"code":"Article_Desktop_300x250_Middle7_Rel_Newrev","max_width":336,"max_height":280},"position12":{"code":"Article_Desktop_300x250_Middle8_Rel_Newrev","max_width":336,"max_height":280},"position13":{"code":"Article_Desktop_300x250_Middle9_Rel_Newrev","max_width":336,"max_height":280},"position14":{"code":"Article_Desktop_300x250_Middle10_Rel_Newrev","max_width":336,"max_height":280},"position15":{"code":"Article_Desktop_300x250_Middle11_Rel_Newrev","max_width":336,"max_height":280},"position16":{"code":"Article_Desktop_300x250_Middle12_Rel_Newrev","max_width":336,"max_height":280},"positionTop":{"code":"Article_Desktop_970x250_Header_Rel","isOrganicUserAd":false,"max_width":970,"max_height":250},"positionBottom":{"code":"Article_Desktop_Sidebar_Bottom_Rel_Newrev","isOrganicUserAd":true,"max_width":300,"max_height":600},"positionBottomRight":{"code":"Article_Desktop_300x250_After_Title_Rel_Newrev","isOrganicUserAd":true,"max_width":336,"max_height":280}} Recently he sold 9,611 units of PAYC stock worth $ 2,645,332 on 11 2022! 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