glenn kelman net worth

Glenn Kelman is the company’s president, chief executive officer, and director. He joined our board of directors in March 2006. Mr. Kelman has served as our president and chief executive officer since September 2005.

Prior to this, Mr. Kelman worked for Plumtree Software, which he also co-founded, as vice president of marketing and product management. Mr. Kelman graduated from the University of California, Berkeley, with a bachelor’s degree.

Glenn Kelman’s Assessed Net Worth

Wallmine.com estimates the property’s big shot’s Net Worth to Be Around $43.5 Million as of August 2022.

Kelman claims to own More Than 45,000 Shares of Redfin Corp. valued at over $9 million, and during the past four years, he has sold shares of Redfin worth more than $33 million.

glenn kelman net worth

Additionally, according to the website of the company, he receives $1,082,280 in remuneration for his work as president, CEO, and chairman at Redfin Corp.

What Is Glenn Kelman’s Salary?

Glenn Kelman receives $1,082,280 in total pay from Redfin Corp as president, chief executive officer, and director. At Redfin Corp, 5 executives receive higher salaries, with Christian Taubman receiving the highest pay of $1,864,030.

How Does Redfin Corp Respond?

Redfin is a real estate brokerage, instant house buyer (iBuyer), loan expert, title backup plan, and renovations company that is driven by innovation.

The company claims to also manage the most important US real domain business website.

Redfin also offers loaning services, but its home-purchasing clients get first access to properties through on-request visits.

glenn kelman net worth

Redfin offers clients selling a home the option of accepting an instant cash offer or having its redesign team make improvements to their home so it will sell for more money. Redfin claims that since taking off, commission costs have increased by more than $1 billion.

Redfin Stock

According to a Form 4 trading structure filed with the US Securities and Exchange Commission (SEC), Kelman has traded Redfin Corp stock more than 15 times since about 2019. On August 15, 2022, he sold 45,000 shares of RDFN stock for a total value of $540,900.

According to Wallmine, Kelman has consistently exchanged 59,769 units since roughly 2019. The distribution indicates that he actually owns roughly 1,181,500 shares of Redfin Corp starting around August 15, 2022.

It’s no huge surprise Glenn is doing so well because of his incredible deal-making skills!

Glenn Kelman’s Wife, Is He Married?

Glenn and his wife and longtime partner Sylvia Lee Kelman are happily married. Years and years before Glenn met his current wife, it was love at first sight for the two of them. She agreed when he made the request.

They eventually began dating after going on a few dates together, and they dated for a few years until Glenn decided he needed to make the most of his remaining Life with Glenn.

glenn kelman net worth

Sylvia accepted Glenn’s romantically staged proposal, which had her in tears. The couple would then continue to wed the group in a discreet but lavish wedding celebration that both close family members attended.

Glenn Kelman Education

Glenn joined the class of 1989 at Interlake High School in Bellevue, Washington, and graduated with passing grades, earning a spot in college.

He then enrolled at the University of California, Berkeley, where he eventually earned a four-year certification in 1993.

Siblings And Parents Of Glenn Kelman

Lloyd and Linda Kelman, Kelman’s guardians, welcomed him into the world in Washington, D.C. Wesley Kelman, his identical twin, and he is quite close.

When Redfin CEO Glenn Kelman recently discussed his organization’s expenses, he didn’t avoid bringing up cost reductions in the hospitality industry.

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