Richard Adkerson Net Worth (Updated 2026).

Richard Adkerson, born in the small town of Safford, Arizona, began his career in the mining industry in the early 1970s. After earning a degree in geological engineering from the University of Arizona, he started as a junior engineer at the Silver Bell mine in Maricopa County. His talent and dedication quickly propelled him up the corporate ladder, and he soon became the mine’s manager.

In 1986, Adkerson made a significant career move when he joined Newmont Mining Corporation, one of the world’s largest gold mining companies. He served in various executive roles, including President and Chief Operating Officer, before being appointed Chief Executive Officer in 2002. It was under his leadership that Newmont grew to become the gold mining industry’s undisputed leader, a feat that brought Adkerson widespread recognition and fame.

Richard Adkerson’s Current Net Worth (2025)

As of 2025, Richard Adkerson’s current net worth is estimated to be around $200 million, according to Forbes. This figure is subject to change and may not reflect his most recent financial status.

Career

Richard Adkerson, born in 1951, is an American businessman and the current Vice Chairman and former CEO of Freeport-McMoRan Inc., a major international mining company. He joined the company in 1994 and has since played a pivotal role in its growth and expansion.

Other Ventures

Adkerson is also a director of several other companies, including Ford Motor Company and Southern Copper Corporation. He serves on the boards of various charitable organizations, demonstrating his commitment to community involvement.

Assets

Adkerson’s assets include a substantial stake in Freeport-McMoRan, as well as real estate investments. His primary residence is a luxurious home in Paradise Valley, Arizona, valued at over $10 million. He also owns a private jet, a symbol of his success and high net worth.

Annual Income

As of 2021, Adkerson’s total compensation from Freeport-McMoRan was over $20 million, including salary, bonuses, and other forms of compensation. This figure can vary year to year based on the company’s performance and his role within the organization.

Frequently Asked Questions about  Richard Adkerson

Frequently Asked Questions about Richard Adkerson

1. What is Richard Adkerson’s net worth?

Richard Adkerson’s net worth is estimated to be around $1.1 billion.

2. Who is Richard Adkerson?

Richard Adkerson is a Canadian businessman and the Vice Chairman and former CEO of Freeport-McMoRan Inc., a major international mining company.

3. When was Richard Adkerson born?

Richard Adkerson was born on July 23, 1951.

4. Where did Richard Adkerson grow up?

Adkerson grew up in Vancouver, British Columbia, Canada.

5. What is Richard Adkerson’s educational background?

Adkerson holds a Bachelor of Science degree in Geological Engineering from the University of British Columbia and a Master of Science degree in Geological Engineering from the University of Arizona.

6. How did Richard Adkerson start his career?

Adkerson started his career as a geologist with Placer Dome Inc. in 1975. He then joined Freeport-McMoRan in 1981 and held various positions before becoming the CEO in 2003.

7. When did Richard Adkerson become the CEO of Freeport-McMoRan?

Adkerson became the CEO of Freeport-McMoRan in 2003.

8. When did Richard Adkerson step down as the CEO of Freeport-McMoRan?

Adkerson stepped down as the CEO of Freeport-McMoRan in 2018 but remained as the Vice Chairman of the company.

9. What are some of Richard Adkerson’s notable achievements?

Adkerson is credited with transforming Freeport-McMoRan into one of the world’s largest copper and gold producers. He also oversaw the company’s acquisition of oil and gas assets in the Gulf of Mexico.

10. What is Richard Adkerson’s philanthropic work like?

Adkerson is known for his philanthropic work, particularly in the areas of education and healthcare. He has been a significant donor to the University of Arizona and the University of British Columbia, among other institutions.