-$58 Million
Estimate Recalculated Feb 28, PM EST
Who is George Karfunkel?
George Karfunkel does not have any significant net worth to report based on the numbers we have. This is based on reported shares across multiple companies, which include Amtrust Financial Services, Inc., EASTMAN KODAK CO, BIOTIME INC, Oncocyte Corp, BERKSHIRE BANCORP INC /DE/, and SMARTSERV ONLINE INC.
SEC CIK
George Karfunkel's CIK is
Past Insider Trading and Trends
was George Karfunkel's most active year for acquiring shares with 11 total transactions. George Karfunkel's most active month to acquire stocks was the month of December. was George Karfunkel's most active year for disposing of shares, totalling 2 transactions. George Karfunkel's most active month to dispose stocks was the month of December. saw George Karfunkel paying a total of $64,, for 4,, shares, this is the most they've acquired in one year. In George Karfunkel cashed out on , shares for a total of $1,,, their largest year based on trade value.
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George Karfunkel
George Karfunkel, Director of Amtrust since , is currently the Chairman of Sabr Group, a consulting company based in New York City. Mr. Karfunkel was a director, the former Senior Vice President and co-owner of American Stock Transfer & Trust Company, LLC, a stock transfer company, which he founded in with his brother, Michael Karfunkel, and sold in Mr. Karfunkel’s real estate holdings include major office buildings in New York, Chicago and several other cities, which he holds through entities he controls with Michael Karfunkel. The Karfunkels also are co-owners of Worldwide TechServices, LLC, a computer maintenance and services company. Mr. Karfunkel serves as vice chairman of The Upstate Bank, a nationally-chartered community bank, co-chairman of CheckAlt Payment Solutions, a provider of automated and electronic check transaction processing, a director of The Berkshire Bank, an independent bank based in New York, and a director of Eastman Kodak Company, a technology company focused on imaging for business.
TheRichest
George and Michael Karfunkel are American businessmen with an estimated net worth of $ billion as of April according to Forbes. Most of the brothers' fortune came from their insurance and real estate investments.
George Karfunkel, 65, currently serves as the director of the company, a position he has been serving since He is also the present Chairman of the New York-based Sabr Group. Meanwhile, Michael Karfunkel serves as the founder, Chairman (since ) and CEO (since ) of the company.
Immigrating from Hungary, the duo first earned their fortune from their stock transfer agency which they sold to an Australian private equity firm in for $ million. Currently, George, Michael, and the other members of the Karfunkel family are major shareholders at the AmTrust Financial which was founded in Aside from being real estate investors, they also manage the Worldwide TechServices, a company that specializes in computer maintenance.
AmTrust Financial Services announced leadership changes as it moves forward now as a private company.
Its $ billion privatization plan was finalized on November 28, after receipt of all approvals, according to the company.
AmTrust Financial Services Inc. (AFSI) shareholders approved the go-private deal last June. The acquisition was spearheaded by entity formed by private equity funds managed by Stone Point Capital, along with AmTrust Chairman and CEO Barry Zyskind, and founders George Karfunkel and Leah Karfunkel. They acquired the 45 percent of the company&#;s shares that both the Karfunkels and Zyskinds didn&#;t already own or control.
This week, AmTrust announced retirements of two executives. Michael Saxon, executive vice president for U.S. Commercial Lines, and Max Caviet, chief executive officer of AmTrust International Ltd., the company&#;s European parent holding company, retired effective December 31, Saxon has been with the company since and Caviet has been with the company since Saxon will continue on a consultative basis, as vice chairman of AmTrust North America.
In addition, according to the company, Christopher Longo, the company&#;s chief operating officer,
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