The richest executives

7 of 28

7. Ralph L. Cruz

Title: Co-Chairman and Former Co-CEO*

Company: TradeStation Group

FSB 100 Rank: 46

Value of stock owned: $77.7 million

Value of options: $0.0 million

Total ownership value: $77.7 million

Ralph Cruz and his brother William are classically trained violinists - both went to the University of Miami on a full music scholarship - but neither was tech savvy when they set out to start an online stock-trading service. Ralph told Futures magazine that their lack of programming experience helped their product in the end: the brothers needed their charting software to be easy for non-technical people to use. TradeStation now boasts a $450 million market cap.

NEXT: Lloyd Rochford

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* Former executive
Notes: Data as of the companies' most recent fiscal year-ends. Options valued net of their strike price. Mr. Cruz retired as Co-CEO on February 15, 2007. He continues to serve as non-executive Co-Chairman of the Board. Includes shares held indirectly through trusts where Mr. Cruz is the sole limited partner in one trust and Mr. Cruz and his wife are limited partners in a second trust. Equity holdings data provided by Equilar. Due to a data collection error on the part of Equilar, the rankings have been revised since they were first posted.

LAST UPDATE: Jul 01 2008 | 12:04 PM ET