Michael A J Farrell Net Worth is40.4 $Million
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Michael A.J. Farrell built Annaly Capital Management Inc. into the worlda??s largest mortgage real estate investment trust. He passed away in October of 2012 after being diagnosed with cancer.
Farrell, who graduated high school at 16 with plans to become a commercial artist, instead went to Wall Street, beginning at E.F. Hutton & Co. in 1971. After stints at Morgan Stanley and Merrill Lynch & Co., he started Annaly in 1997 and increased assets to about $128.3 billion at the end of June, turning the firm into one of the largest buyers of home loan debt backed by the U.S. He branched out with separate companies that buy non-agency bonds and commercial real estate securities.

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Michael A J Farrell Latest News

Annaly Capital Management Inc

The biggest holder now is Michael A.J. Farrell who owns 2,706,392 shares (0.27% of those outstanding), whilst Denahan Wellington holds 1,673,134 (0.16% of shares outstanding) and Kevin Keyes holds 638,147 (0.06% of shares outstanding). Tompkins Financial ...
Posted: August 2, 2017, 4:00 pm

MICHAEL FARRELL

FARRELL--Michael A.J. Chairman and CEO of Annaly Capital Management ... (nee Flynn); his four children, Kelly Ziek, Caitlin Farrell, Michael Farrell, and Taylor Farrell; his siblings, Thomas Farrell, Barbara Farrell, Noeleen Farrell, Patricia Washington ...
Posted: October 22, 2012, 5:00 pm

Annaly founder Michael Farrell dies after cancer diagnosed

Michael A.J. Farrell, who built Annaly Capital Management Inc. (NLY) into the world's largest mortgage real estate investment trust, has died after being diagnosed with cancer earlier this year. He was 61. His death was confirmed yesterday in a statement ...
Posted: October 22, 2012, 11:38 am

Annaly Capital's Co-CEO Michael Farrell Has Died

Michael A.J. Farrell, the co-founder and co-CEO of Annaly Capital Management, the largest mortgage REIT listed on the New York Stock Exchange (NLY), has died, Bloomberg News reports. He was 61. A cause of death was not specified, but Farrell had been ...
Posted: October 21, 2012, 2:53 pm

Annaly Will Miss Mike Farrell But Will Remain mREIT Industry's Bellwether

On October 21st, Annaly Capital Management (NYSE:NLY) regretfully announced the passing of its long-time Chairman, Co-CEO and Co-Founder Michael A.J. Farrell. Farrell had announced that he was diagnosed with cancer earlier this year and we were surprised ...
Posted: October 24, 2012, 8:46 am
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