Bernie Madoff's Net Worth Is $101,803,780

By RichButBroke.com
Tuesday, March 13, 2012
Bernie Madoff Net Worth Jump To Bernie Madoff's Stats  | Twitter
Once upon a time, Bernie Madoff had it going on.  The “going on part” caused some problems though.  Those problems have reduced his net_worth to $101,803,780.  

Now housed in the the Federal Institution in Butner, North Carolina, Madoff appears to have been the mastermind to one of the largest Ponzi schemes perpetrated on U.S.  Investors in history.  Estimates have pushed the total toward $67 billion, but the true amount has been the devastating effect on the institution of investments, trust in the U.S.  Securities systems and those who others deem responsible enough to govern regulatory investment agencies.  

In a conciliatory, if not obtrusive move, Madoff pleaded guilty to a rash of Federal charges that accused him of a plethora of financial chicanery and self-enrichment.  He was sentenced to 150 years in the clank.  

The early estimates of the fraud hovered in the $67 billion range, but those who have dug down and discovered the right math estimated the actual net fraud to be between $10 and $17 billion.  How that impacts his legacy may not matter.  Most people that loose any money to fraud feel like going after Godzilla.  

It turns out that the thief can mix it up a bit.  In 2009, Madoff got into a prison yard scrap with another elderly inmate.  No information has been available as to whether he stole the other inmates canteen funds too.  


Bottom Line: By controlling his lifestyle and spending less than he makes, Bernie earns $30,601,260 per year after lifestyle, taxes and other expenses.


Bernie Madoff's Wealth
How rich is Bernie Madoff? $101,803,780
How much does Bernie Madoff earn? $30,601,260
How does Bernie Madoff make money? Investor , Criminal
How old is Bernie Madoff 76
Is Bernie Madoff married? 1 time(s)
Does Bernie Madoff have kids? 2 children
Debt 790,000,000
Financial Advice This wealth is on autopilot and should never run out.
Interesting Facts About Bernie Madoff
Nicknames Bernard Lawrence Madoff, Bernie Madoff
What is Bernie Madoff's Birthday? Friday, April 29, 1938
What is Bernie Madoff's Sign? Taurus
Is Bernie Madoff gay ? Straight
Bernie Madoff's Nationality American



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