Jorge Mas Net Worth
Known as the founder of MasTec, a Miami-based construction company, Jorge Mas is a successful entrepreneur, businessman, and philanthropist. He serves as the Chairman of the Board of the Cuban American National Foundation, a nonprofit organization that promotes freedom and an educated society. He also serves on the Board of Overseers of the University of Miami School of Business. In addition, he is active in the defense of human rights in Cuba.
Among his many accomplishments, he was recently named as one of the 100 most influential Hispanics in the U.S. by Latino Leaders magazine. He was also a recipient of the Simon Wiesenthal Center’s National Community Service Award for his efforts in defending free speech. Moreover, he has served on a number of corporate boards and given keynote speeches at university conferences. He has also written articles in the Washington Post and Miami Herald.
He has been involved in all phases of MasTec’s development since 1994. In 2007, he was appointed as the company’s CEO. He has a strong financial background, with more than 20 years of experience in the industry. He is the President and Chief Executive Officer of MasTec, a publicly traded engineering and construction firm that employs over 22,000 people in six distinct business lines. The company has more than 6.6 billion dollars in revenues, and it is one of the five largest firms in the United States.
Before founding MasTec, he was vice chairman of the industrial equipment rental company, NEFF Rentals. He helped to grow the company from a single store in South Florida to over 80 branches in the U.S. and abroad. The firm was sold for $300 million in 2005. In addition to his work with MasTec, he has also been actively involved in the search for a new dean of the College of Business at the University of Miami. He has also been a guest lecturer on several MBA courses.
He has an impressive portfolio, as he has been the Executive Director of the Mas Family Foundation, a non-profit that provides education to Cuban-American students with limited financial resources. He has also appeared on numerous national television programs. He has served on the board of several other companies, including Burnup & Sims and Church and Tower. His company is the largest owner of MasTEC, a Miami-based company that is one of the leading infrastructure construction firms in the U.S. He is also the Managing Owner of the Miami Major League Soccer team.
Jose Ramon Mas, the company’s CEO and a member of the Board of Directors, is paid $8,077,270 per year. As of August 26, he owns over 17,000 units of Mastec stock that are worth over $107,000. He has made 7 trades of the company’s stock since 2011. He has purchased over 17,000 units of MTZ stock, which has returned an average of 3.68%, outperforming the S&P 500 two times out of four. He has also sold 1,100,000 units of MTZ stock for $24.8 million.