It can be fun to know who is the richest person in the room. Not only does it shed light on their financial achievements, but it also does on their professional journey and accomplishments. One such name that’s entered the conversation recently is Matt Watson. As SVP, Controller & CAO of Best Buy Co Inc, Watson has earned his financial stripes, and he’s someone we should look into.
| Name | Profession | Net Worth | Source/Details |
|---|---|---|---|
| Matt Watson | YouTuber, Comedian | Not mentioned directly | No specific net worth found in results |
| Mat Watson | Car Reviewer | $3 Million (2024) | Known for car reviews on Carwow |
| Emma Watson | Actress | $80 Million | From “Harry Potter” and other films |
Who is Matt Watson?
Who Is Matt Watson: A Short Bio
Job role Matt Redman is a Senior Vice President (SVP), Controller, and Chief Accounting Officer (CAO) at consumer electronics retailer Best Buy Co Inc; currently one of the largest in the United States. He has established himself over the years as a significant contributor to the company’s financial operations, with expertise in corporate finance and leadership.
He is responsible for financial reporting, compliance and accounting functions at Best Buy. This is a key role, ensuring that the organisation follows regulatory guidelines and maintains its financial wellbeing. 592 Summit Ave, Jersey City, NJ 07306[/caption]589 Summit Avenue, as well as the movement of their operations once known as Watsons’ Restaurant & Bar.60512. Watson’s with Shirt on HangarStreet6192 Assistant4410,593 Summit Ave 589 Summit Ave3992 Summit Avenue3954834 Retail,3806 E21st St The4718 to 383 8json935 26 55,324632 2246462532 Boucher616 Z58 Avenue32364 25762,417 Restaurant in The & 612 Market94057 607It is hard to overestimate How much retail is in Watsons, that veteran Watson Until
Why Is His Net Worth So Interesting?
As a high-ranking official at a Fortune 500 company, Matt Watson’s net worth is of increasing interest. As a corporate executive, Watson’s financial success illustrates not only his professional accomplishments but serves as an example of how corporate compensation plans, equity and insider trading coalesce in personal wealth. And given his enormous role in Best Buy’s success, it’s no wonder people want to know what kind of financial rewards his career has reaped.
Understanding Net Worth
Before we dig into Matt Watson’s net worth mind you, we’re going to first define what net worth means and how it’s calculated.
What is Net Worth?
For an individual, net worth is a gauge of his or her financial well-being. It is the difference between their assets and liabilities. In simpler terms:
Net Worth = Total Assets — Total Liabilities
Components of Net Worth
Assets:
This includes all of a person’s assets with monetary value. For corporate officers such as Matt Watson, assets usually mean:
Ownership of stocks and equity in the company they work for.
Real estate holdings.
Other types of investments, like mutual funds, retirement accounts, or private investments.
Liabilities:
These are debts or obligations that diminish an individual’s wealth. Common liabilities include:
- Mortgages.
- Loans or credit card debt.
- All other liabilities.
Why is Net Worth Important?
Net Worth: Net worth is a vital financial indicator that represents the total value of an individual. For public figures like Matt Watson, it sheds light on the way their professional inhibitions translate into personal wealth. It also reveals broader trends in executive pay and wealth-building techniques that may be instructive for other people.
Matt Watson Net Worth Explained
Current Net Worth Estimate
Matt Watson has an estimated net worth of $2 million as of the year 2025. The figure is based on publicly available information and includes stock he owns in Best Buy Co Inc, as well as other possible assets.
How Was This Estimate Determined?
Stock Ownership:
Watson owns 20,279 shares in Best Buy Co Inc[1]
At Best Buy’s current stock price of about $100 per share, those holdings would be worth about $2 million.
Insider Trading Activity:
Watson has participated in multiple stock transactions in recent years, which have shaped his net worth.
Prior to that, his last transaction was on June 6, 2024, when he sold $150,000 worth of shares[1].
These two elements make up the base of Watson’s net worth estimate, although the figure in question may not necessarily include all his assets or debts.
Transactions in the Company’s Equity Securities.
Watson has done insider trading as an executive at Best Buy, a legal activity where company insiders buy or sell stock based on information disclosed to the public. He has made several trades over the years, which shows he is actively managing his equity compensation.
Insider Trading Leak And Its Impact On Net Worth
Executives engaging in insider trading gain not just liquidity, but also an opportunity to benefit from fluctuations in stock prices. To Watson, these transactions have almost certainly been pivotal in the structuring of his financial portfolio.
Comparison With Other Professionals
To help put Watson’s net worth in perspective, here’s a look at other corporate executives in comparison:
Source: Start with $5 million NameStock Market CapPosition (Title)IndustryDavid N. Watson[3]$92.8 million President & CEO, Comcast Cable TelecommunicationsChristian Watson[5]$5 million NFL Player SportsMatt Watson[1]$2 million SVP & CAO, Best Buy Co Inc Retail
Watson’s net worth is modest, as seen above, compared to someone like David N. Watson, but it’s a significant sum within the realm of retail.
Matt Watson’s Net Worth: The Factors
There are many reasons corporate executives like Matt Watson get rich. Let’s take a look at the main factors determining his financial position.
Professional Role and Salary
Watson, the SVP, Controller & CAO at Best Buy, probably makes a decent amount of money. Besides base salary, he may also collect:
Incentives based on company results.
Equity compensation — stock options or restricted stock units (RSUs).
Stock Market Performance
Watson’s wealth is also correlated with Best Buy’s stock performance. Since then, the value of those shares has risen and fallen with fluctuations in stock prices over the years.
Historical Trends: Best Buy has been a solid long-term performer, and the past 10 years lines up nicely with Watson’s wealth gains.
Looking Ahead: If the stock continues to perform well, Watson’s net worth could increase further.
Other Potential Investments
While the bulk of Watson’s net worth is tied up in his stock holdings in Best Buy, he might have other publicly traded investments or assets not known to the public. These could include:
Real estate properties.
Business ventures and private investments
Retirement accounts.
Matt Watson Net Worth Breakdown: How Does Matt Watson Stack Up?
Considering Other Famous People Named Watson
Curiously, the last name of Watson is held by other illustrious figures whose financial windfall may serve as additional context:
David N. Watson: His net worth of $92.8 million makes him one of the wealthiest Watsons in the business world.
Christian Watson: $5 Million Net Worth: As with any league, the NFL has made it possible for specific players to tow in a remarkable amount of money and has a net worth of $5 million.
Industry Comparisons
The net worth of executives in the retail sector varies significantly. Some CEOs and senior executives are paid tens of millions, while others, like Watson, are in more modest territory, which can vary by stock holdings and pay structures.
Matt Watson’s Financial Journey Lessons Learned
Matt Watson’s financial journey has a lot to teach:
The Power of Stock Ownership
Equity compensation has the potential to drastically change your long-term wealth building. Watson’s shares of ownership in Best Buy illustrates how owning stock in a [Company] can equate to a large portion of the people’s wealth.
Strategic Insider Trading
Insider trading can raise ethical questions but may also be a practical and savvy way for executives to manage their wealth and liquidity.
Diversification is Key
While we don’t have specifics regarding Watson’s other investments, diversification is integral to risk mitigation and financial stability.
Conclusion
Matt Watson owns an estimated net worth of $2 million as a senior executive in Best Buy Co Inc, which can explain his career success. He established a strong financial plan by holding and trading stocks. His experience is a potent reminder about the need for equity compensation, diversification, and careful financial planning. Read other profiles and pieces about ways to build wealth.
Since this is a newsletter about understanding the drivers in wealth, we have to boil down complex financial metrics into small, digestible concepts. So stay curious and keep exploring!
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