Business

Reddit traders pushing AMC stock have helped add over $120 million to CEO Adam Aron's fortune since the start of the year

12 days ago   |   By Business Insider

Summary List Placement AMC's chief executive officer Adam Aron has been reaping the rewards of Reddit traders' push into heavily shorted stocks.
The CEO has seen his fortune jump by over $120 million since the start of 2021 as AMC's stock has risen roughly 1,500% amid a Reddit-induced rally.
Aron owns or has been granted roughly 4.2 million shares of AMC stock, and unlike other executives, he hasn't sold since the start of the year, according to CNBC .
The CEO did gift over $15 million worth of shares to his two sons in March, but beyond that, Aron has managed to net over $120 million in...
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