David Buicko Net Worth: Estimate, Sources, and Limits

David Buicko's estimated net worth falls somewhere in the range of $5 million to $25 million, based on publicly traceable indicators including his executive compensation, his board-level equity holdings in Chemung Financial Corp, and his long career running one of upstate New York's most active commercial real estate firms. That range is deliberately wide because most of his wealth is tied to private business equity and real estate that carries no public price tag. What we can verify is solid enough to anchor the estimate, but the ceiling depends heavily on assumptions about the Galesi Group's valuation.

Who David Buicko is and why people search his wealth

David M. Buicko is the President and CEO of the Galesi Group, a Schenectady, New York-based developer and operator with a footprint covering commercial real estate, industrial parks, and distribution and logistics. He has been with the company since at least 1986, when he was appointed Chief Operating Officer, and took over the CEO role in 2016. Before joining Galesi, he worked as a Certified Public Accountant at Marvin & Co., P.C., giving him a finance background that shaped how he eventually led the business. Over the decades he has been quoted by local media and cited by state agencies in connection with major projects, including the Rivers Casino site in Schenectady and the Live-In Schenectady residential development. The New York State Economic Development agency also included his biography in Prison Redevelopment Commission materials, reflecting his profile as a regional business figure. People searching his net worth are typically curious about the financial scale behind those projects and what heading a firm that has developed over 12 million square feet of office and industrial space and 20,000-plus apartment units is actually worth to the person running it.

What "net worth" means here: estimates vs. verified facts

Net worth, at its simplest, is assets minus liabilities. On a reference site like this one, any figure attached to a private executive like David Buicko is an estimate built from publicly available signals, not an audited financial statement. There is an important distinction between what we know, what we can reasonably infer, and what is speculation. His Chemung Financial Corp stock holdings are documented in SEC filings, so that piece is verifiable. His salary as a board director at that company is derived from proxy statements and totals roughly $67,601 for fiscal year 2024. His compensation as CEO of the Galesi Group and his equity stake in that private firm are not disclosed publicly, so those figures involve reasonable assumptions based on industry benchmarks and the company's known scale. Forbes, for reference, applies a similar logic to private-company wealth: it uses revenue and profit estimates with valuation multiples, then applies a liquidity discount. The same conservative methodology makes sense here. Any number you see for David Buicko's net worth, including the range in this article, should be treated as a floor-to-ceiling estimate rather than a precise figure. If you are specifically looking for David Bugliari net worth, the method for estimating it would similarly rely on verifiable holdings and reasonable assumptions about private assets David Buicko's net worth.

The estimated net worth range and how it's built

Working from the ground up, the most conservative anchor is Buicko's documented public-company equity. As of January 2026, SEC Form 4 filings show he beneficially owns 8,985.767 shares of Chemung Financial Corp (ticker: CHMG). At the reported acquisition price of $57.13 per share in January 2026, that position is worth approximately $513,000. That is real, documented wealth, but it is a relatively small slice of the overall picture.

The much larger and harder-to-pin number is whatever equity or compensation Buicko has accumulated through the Galesi Group. The company manages over 12 million square feet of commercial and industrial space and more than 20,000 apartment units. Private real estate firms of that operational scale can carry enterprise values in the hundreds of millions of dollars. A CEO with decades of tenure and a COO background is likely to have some form of profit participation, equity stake, or deferred compensation arrangement, though none of that is publicly disclosed. If Buicko holds even a single-digit ownership percentage in a firm of that scale, his net worth climbs well above the $5 million floor. The $25 million ceiling reflects a scenario where his stake is real but modest, valuations are discounted for illiquidity, and no large personal real estate portfolio or other holdings have been publicly signaled. It is not a hard cap: the true number could be higher if his equity interest is larger than it appears from the outside.

Income sources and career timeline

Buicko's wealth-building story follows a clear arc. He started as a CPA, which is a professional services career with solid but not outsized earning potential. Joining the Galesi Group as COO in 1986 marked the transition from professional services to operating a substantial private enterprise. Spending three decades in that role before becoming CEO means he had time to accumulate compensation, build relationships with lenders and public agencies, and position himself for a share of the firm's growth. When he was elected President and CEO in 2016, his compensation likely stepped up materially along with his strategic authority. Outside of Galesi, he sits on the board of Chemung Financial Corp, earning roughly $67,601 annually in total director compensation (a mix of cash fees and stock awards, as reported from proxy-derived data for fiscal year 2024). He has also chaired Green Earth Technologies, Inc., another public-company board role that would carry its own compensation and potentially equity grants. None of these board roles are wealth-defining on their own, but they reflect the kind of professional network that often correlates with broader financial activity.

Assets, holdings, and spending signals

The clearest public asset is his Chemung Financial Corp stock, documented at just under 9,000 shares. Beyond that, the most logical wealth-holding for someone in Buicko's position is real estate, both through Galesi's portfolio and potentially personal property in the Schenectady area. For more specifics on David Baffsky net worth, compare how different sites model his assets and liabilities using public signals. Long-tenured executives in private real estate firms often accumulate property alongside their employer's portfolio, though there is no public record of Buicko's personal real estate holdings here. His involvement in the LEED-certified 250,000-square-foot building project recognized in 2010 and various Brownfield redevelopment initiatives signals active engagement in capital-intensive projects that typically carry equity upside for the principals involved. Public awards like the Schenectady Foundation's Hero Award for Leadership (2014) and his role in state-level advisory commissions reflect the kind of civic and institutional standing that often accompanies significant personal financial standing in a regional market, but they do not by themselves tell us anything about his balance sheet. There are no widely reported signals of extraordinary personal consumption (yachts, art collections, or similar) that would push the estimate dramatically higher, which is consistent with the profile of a regional operator rather than a nationally prominent billionaire.

A note on identity: is this the right David Buicko?

This is worth addressing directly because net worth search results can sometimes surface multiple people with similar names. This is why searches like “david alan bubbus net worth” should be treated carefully unless you can confirm the same person and the underlying financial evidence. The David M. Buicko associated with Galesi Group, Chemung Financial Corp, and Green Earth Technologies is a single, well-documented individual. His SEC EDGAR CIK is 0001501033, which is a unique identifier you can use to confirm you are looking at his filings and not someone else's. GuruFocus and MarketScreener both list a "David M. Buicko" whose net worth estimates are tied to his CHMG share ownership and board roles, consistent with this profile. If you encounter a different "David Buicko" in search results with no connection to upstate New York real estate, Chemung Financial, or Galesi, treat it as a separate person until you can confirm otherwise.

Where to check public records and verify the estimate

If you want to go deeper than this article, here are the most productive places to look and what each one actually tells you.

• SEC EDGAR (edgar.sec.gov): Search for CIK 0001501033 or "Buicko David M" to find all Form 4 filings. These show every change in his equity ownership at public companies, giving you a running tally of shares held and transaction prices.
• Chemung Financial Corp proxy statements: Filed annually with the SEC as DEF 14A documents. The Director Compensation Table breaks down exactly how much Buicko earns as a board member, including cash and stock awards.
• GuruFocus and MarketScreener: Both aggregate insider ownership data from public filings. Their "net worth" figures for Buicko are narrow because they only capture public-company equity, but they are useful cross-checks on his CHMG position.
• Galesi Group website (galesigroup.com): The leadership page and project portfolio give you a sense of operational scale, which helps calibrate private-company valuation assumptions.
• New York State entity and property records: The NY Department of State's entity search and county property records (particularly Schenectady County) can surface LLCs, partnerships, or real estate owned directly or through affiliated entities.
• Local business media: Albany Business Review and WAMC have covered Buicko and Galesi Group projects for years. News coverage of deal announcements can signal transaction values that inform net worth estimates.
• Schenectady Metroplex Development Authority releases: Public agency press releases often name developers and deal sizes, adding context to Galesi's project pipeline.

How to evaluate conflicting estimates you find elsewhere

You will likely find other sites quoting a specific David Buicko net worth figure, sometimes presented with false precision. These methods can help you judge any Dave Bugliari net worth claim you see reported elsewhere, especially when private holdings and valuations are involved David Buicko net worth. The question to ask about any estimate is: what is it actually based on? If the source links back only to his public-company stock holdings, the number is real but incomplete. If it claims a large figure without explaining how private-company equity was valued, treat it skeptically. The most defensible approach is the one used here: start with what is verified (CHMG shares, director compensation), layer in reasonable assumptions about private-company compensation and equity at the scale Galesi operates, and express the result as a range rather than a point estimate. If you are specifically looking for David Baszucki net worth, you should compare how each source estimates private-company value and compensation, since the methods can differ widely. As new Form 4 filings appear or if Galesi ever discloses financial information publicly (for instance through a financing or transaction that enters the public record), update the estimate accordingly. This profile reflects publicly available information as of May 2026. If you are specifically looking for David Baszucki and Erik Cassel net worth, you can use the same checklist of verified assets versus assumptions to compare sources.