What Was Bernie Madoff's Actual Net Worth?

Bernie Madoff turned well-known for stealing an obscene amount of cash: $65 billion to be actual, per CNBC. At the time of his trial, Madoff was estimated to have a internet price of greater than $800 million, per ABC News. Madoff may need spent years dwelling giant in cities throughout the East Coast and in Europe off the spoils of his schemes, however he died in jail in abject poverty. 

According to the outlet, Madoff had $17 million in money, $45 million in securities, a enterprise price $700 million, a $9 million yacht, and houses within the Hamptons, France, Palm Beach, and New York City. To put it merely, Madoff was dwelling giant. But here is the place issues get difficult: When Madoff pled responsible to the costs, he was instantly stripped of all his property, in line with Politico. Madoff misplaced all his private property and most of what he shared with his wife, Ruth. In the tip, he landed in jail for the remainder of his life, and she or he was left with a humble $2.5 million, per KKTV.

As for Madoff’s actual internet price on the time of his demise, Celebrity Net Worth estimates it to be -$17 million, which suggests Madoff had no cash when he died. As they are saying, the upper you climb, the farther you fall.

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