The estimated Net Worth of Arthur B Laffer is at least $2.62 Milion dollars as of 4 April 2024. Mr. Laffer owns over 4,274 units of NexPoint Residential Trust Inc stock worth over $2,483,138 and over the last 21 years he sold NXRT stock worth over $0. In addition, he makes $140,638 as Independent Director at NexPoint Residential Trust Inc.
Arthur has made over 30 trades of the NexPoint Residential Trust Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he exercised 4,274 units of NXRT stock worth $193,099 on 4 April 2024.
The largest trade he's ever made was buying 416,050 units of NexPoint Residential Trust Inc stock on 21 November 2019 worth over $24,963. On average, Arthur trades about 15,131 units every 50 days since 2003. As of 4 April 2024 he still owns at least 54,961 units of NexPoint Residential Trust Inc stock.
You can see the complete history of Mr. Laffer stock trades at the bottom of the page.
Dr. Arthur B. Laffer Ph.D. serves as Independent Director of the Company. Dr. Arthur Laffer is the founder and chairman of Laffer Associates, an economic research and consulting firm. A former member of President Reagan's Economic Policy Advisory Board during the 1980s, Dr. Laffer's economic acumen and influence have earned him the distinction in many publications as The Father of Supply-Side Economics. He has served on several Boards of directors of public and private companies, including staffing company MPS Group, Inc., which was sold to Adecco Group for $1.3 billion in 2009. Dr. Laffer was previously a consultant to Secretary of the Treasury William Simon, Secretary of Defense Donald Rumsfeld, and Secretary of the Treasury George Shultz. In the early 1970s, Dr. Laffer was the first to hold the title of Chief Economist at the Office of Management and Budget (OMB) under Mr. Shultz. Additionally, Dr. Laffer was formerly the Distinguished University Professor at Pepperdine University and a member of the Pepperdine Board of Directors. He also served as Charles B. Thornton Professor of Business Economics at the University of Southern California and as Associate Professor of Business Economics at the University of Chicago. Laffer is credited with advancing the concept of supply-side economics when he drew a curve on the back of a napkin at a dinner meeting, showing that government tax receipts can sometimes increase when federal income tax rates are lowered. The Laffer Curve and supply-side economics served as the foundation for Reaganomics in the 1980s when Dr. Laffer served on the President's Economic Policy Advisory Board from 1981 to 1989. Dr. Laffer has been recognized for his achievements in economics, having been featured in Time Magazine's 1999 cover story, The Century's Greatest Minds, for inventing the Laffer Curve, which Time deemed one of a few of the advances that powered this extraordinary century.
As the Independent Director of NexPoint Residential Trust Inc, the total compensation of Arthur Laffer at NexPoint Residential Trust Inc is $140,638. There are 6 executives at NexPoint Residential Trust Inc getting paid more, with Matthew McGraner having the highest compensation of $2,449,990.
Arthur Laffer is 79, he's been the Independent Director of NexPoint Residential Trust Inc since 2015. There are no older and 12 younger executives at NexPoint Residential Trust Inc.
Arthur's mailing address filed with the SEC is C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY, FL, 32746.
Over the last 10 years, insiders at NexPoint Residential Trust Inc have traded over $52,948,380 worth of NexPoint Residential Trust Inc stock and bought 2,092,405 units worth $52,096,675 . The most active insiders traders include James D Dondero, Arthur B Laffer oraz James Dhighland Capital Man.... On average, NexPoint Residential Trust Inc executives and independent directors trade stock every 18 days with the average trade being worth of $1,166,502. The most recent stock trade was executed by Brian Mitts on 28 June 2024, trading 2,000 units of NXRT stock currently worth $78,800.
nexpoint residential trust is a publicly traded reit, with its shares listed on the new york stock exchange under the symbol "nxrt," primarily focused on acquiring, owning and operating well-located middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the southeastern and southwestern united states. nxrt is externally advised by nexpoint real estate advisors, l.p., an affiliate of nexpoint advisors, l.p., an sec-registered investment advisor, which has extensive real estate experience.
NexPoint Residential Trust Inc executives and other stock owners filed with the SEC include: