Steve Ells is an American businessman who has a net worth of $500 million. Steve Ells earned his fortune as the founder of Chipotle Mexican Grill. Steve Ells earned a total of $116.1 million in salary and bonuses during his time as CEO of Chipotle Mexican Grill. His highest earning year was 2014, when he earned $29 million. He resigned as CEO in 2017.
As of this writing Steve Ells owns 208,339 shares of Chipotle Mexican Grill Inc. (CMG) stock. When CMG’s stock price crossed $2,000 in June 2023, Steve’s stake was worth a little over $400 million on paper. He has sold a total of 268,339 shares over the years for hundreds of millions in pre-tax proceeds. The most recent sale was on February 28, 2020, when he sold 119,104 shares for $795.53 per share. The total proceeds from the sale were $95,359,040.
