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Bernard Madoff Net Worth

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Bernard Lawrence Madoff was born on the 29th April 1938 in Queens, New York City, USA of Polish, Austrian and Romanian ancestry. He is perhaps best known for being a former businessman and banker, who worked as the chairman of the NASDAQ stock exchange. However, he is infamous for perpetrating the largest fraud in US history as the operator of a Ponzi scheme which is estimated to have amounted to $65 billion. He was active from the 1960s to the late 2000s, when he was arrested.

Have you ever wondered how rich is Bernard Madoff? According to authoritative sources, it is estimated that the overall size of Madoff’s net worth is now minus $17 billion as of early 2016, as a consequence of his fraudulent activities over 40 years.


Bernard Madoff Net Worth -$17 Billion


Bernard Madoff was raised in a Jewish family with two siblings; the son of Ralph, who was a stockbroker and plumber, and Sylvia Madoff, who worked as a homemaker. He attended Far Rockaway High School, then enrolled at the University of Alabama in 1956, where he became a member of the Sigma Alpha Mu Fraternity. After a year he transferred to Hofstra University, from which he earned a BA degree in Political Science in 1960. Besides that, he also briefly attended Brooklyn Law School.

The same year he enrolled at Brooklyn Law School, Bernard started his own Company,  Bernard L. Madoff Investment Securities LLC, marking the beginning of his professional career. From its inception, the company served as a penny stock trader, with an initial investment of $5,000, which Bernard earned from his previous job as a lifeguard. His company soon started to grow, with a little help of his father-in-law investing $50,000, and also he mentioned the firm to some of his friends, who all contributed financially to the firm.

Little by little, Bernard`s net worth grew, and over the years it became one of the top market traders on Wall Street, making it the main source of his net worth.

However, it all fell apart, when his sons informed authorities of Bernard`s conduct of Ponzi scheme, which began in early 1990s. Bernard was arrested on the 11th December 2008 and after a trial, he was sentenced to a 150 years in prison. According to sources, it was estimated that the total amount missing from clients’ accounts was as much as $65 billion. Nevertheless, before his scheme was unraveled, Bernard also served as the non-executive chairman of the NASDAQ stock market.

Regarding Bernard Madoff’s personal life, he married Ruth Alpern in 1959 and the couple had two sons; both have passed away since the fraud was exposed. Bernard was a well-known philanthropist – with client’s money of course – who founded ”The Madoff Family Foundation” with his wife and worked with other organization. Bernard is serving his penalty at Federal Correctional Complex, Butner, where he suffered a heart attack in 2013, and was diagnosed with end-stage renal disease (ESRD). He had residences on Upper East Side, Manhattan, in Roslyn, New York, and also in Palm Beach, Florida.

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Jordan Belfort Net Worth

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Jordan Ross Belfort, commonly known as Jordan Belfort, is a famous American screenwriter, film producer, motivational speaker, as well as an author. To the public, Jordan Belfort is perhaps best known as the owner of “Stratton Brokerage”, a brokerage firm which he co-founded with his friends. Over the years, the firm became notorious for its stock issues and public offerings. Consequently, the controversy related to “Stratton Brokerage” inspired the release of “Boiler Room”, Ben Younger’s crime drama film with Vin Diesel, Giovanni Ribisi and Ben Affleck in the main roles. Around the same time, Belfort became heavily involved with drugs, namely methaqualone, as a result of which he became an addict. To add to his problems, his company “Stratton Brokerage” was shut down in 1995, while Jordan Belfort served a 22-month sentence in prison for money laundering and securities fraud. When he left prison, Belfort took up a job as a motivation speaker, and took part in various public motivational talks.


Jordan Belfort Net Worth -$100 Million


A well-known screenwriter, as well as a motivational speaker, how rich is Jordan Belfort? According to sources, Jordan Belfort’s net worth is estimated to be -$100 million. His wealth decreased significantly due to his conviction for money laundering and fraud, for which he not only had to spend time in prison, but also pay off approximately $100 million in restitution to people who were affected by the fraud.

Jordan Belfort was born in 1962, in New York City, United States, where he studied at a public high school, and then intended to study at the Baltimore College of Dental Surgery. He left the college after the first day, and instead enrolled in the American University, where he studied biology. When he graduated, Belfort took up a job of selling seafood and meat, which initially seemed like a profitable business opportunity. Eventually, Belfort’s attempt at earning a living as a salesman failed, following which he joined an investment banking firm called “L. F. Rothschild”, where he worked for a brief period of time before the firm collapsed due to the stock market crash in 1987. Consequently, Belfort founded “Stratton Oakmont”, which contributed to his notoriety. After he was convicted for fraud and money laundering, and served his prison sentence, Jordan Belfort went on to write a memoir entitled “The Wolf of Wall Street”, which was published in 2007. The memoir inspired the release of a black comedy film of the same name, in which the main characters were played by Leonardo DiCaprio, Jonah Hill, Matthew McConaughey, and Kyle Chandler. The film proved to be a major critical and commercial success, with more than $392 million grossed at the box office worldwide. In 2009, Belfort released his second book called “Catching the Wolf of Wall Street”.

In regards to his personal life, Jordan Belfort was married to Denise Lombardo, who he later divorced. He then married the well-known model Nadine Caridi, with whom he has two children. Upon their divorce in 2005, Belfort became engaged to Anne Koppe.

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Elvis Duran Net Worth

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Barry Cope was born on the 5th August1964, in McKinney, Texas USA. He is a radio personality known under the name of Elvis Duran, who is currently the host of the syndicated weekday morning radio program “Elvis Duran and the Morning Show” (1996–present). Elvis Duran has been accumulating his net worth working on radio for more than 30 years. It is important to mention the fact that he worked not only as a host of various shows but also as a program director.

How much is Elvis Duran’s net worth? Over his long-spanned career he has accumulated wealth which is equal to $4 million. Reportedly, Elvis Duran’s current salary is $300,000 per year.


Elvis Duran Net Worth $4 Million


To begin with, Duran began his career as on–air personality working in the radio station named WIOQ, and later he worked in the position of program director of the same radio station. In 1991, Elvis moved to KBTS radio in which he did both: worked as a host of the morning show and served as the program director. In addition to this, he co-hosted the evening show alongside Hot Henrietta in Z-93. Then, he started working on “Elvis Duran and the Morning Show” (1996–present) aired on Z100. Later, the show was syndicated by Premiere Radio Networks and is currently heard in more than 80 markets including Austin, St. Louis, Cleveland, Miami, Philadelphia and others in the USA. The show focuses on the pop culture, its news, gossips about celebrities and top hit songs. The daily segments of the show include horoscopes, prank calls, entertainment reports, looking through the headlines and others.

Over his long-spanned career Duran has become a well-known personality. “Elvis Duran and the Morning Show” (1996–present) was named the most listened-to Top 40 morning show in the USA. To add more, Elvis Duran himself has won a number of awards, to give a few examples, Radio Music Award as the Personality of the Year, New York’s Achievement in Radio Award in the category of the Best Morning Show, Radio & Records Award – the Best Personality and others. Unsurprisingly, Elvis Duran has been listed as one of the most influential figures in the LGBT community by Out magazine. As a result, radio broadcasting is the main source of Elvis Duran popularity as well as net worth.

Furthermore, Elvis Duran added sums to his net worth from other media ventures. In 2007, he founded The Elvis Duran Group, the entertainment company which focuses on creating films; plays for theatre; internet, television and radio production. Duran is a member of the board directors in Rosie’s Theater Kids and Rock & Rawhide. The organizations respectively help poor children and animals. Elvis Duran helps for the communities of Gay, Lesbian, Bisexual and Transsexual. He is known for the philanthropic efforts to raise funds for the Eric Trump Foundation, Musicians on Call and Alex’s Lemonade Stand Foundation.

Concerning the personal life of the radio personality, Duran openly admits to being gay. Currently, he is dating Alex Carr.

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