Bernie Madoff
Bernie Madoff

Bernard Lawrence Madoff, also is known as Bernie Madoff, is an American former market maker, financier, and investment advisor. At present, he is serving a federal prison for the offenses that he made regarding the Ponzi scheme. He is responsible for the largest financial fraud in the entire US history.

Quick Biography

Bernie Madoff was born on the date 29th of April of the year 1938 in New York. He works as a financial advisor in his career, but he caught in several frauds and scams that he made and currently spending the best years of his life in prison.

Quick Summary

Full Name/Real Name: Bernard Lawrence Madoff
Age: 82 years old
Birth Date: 29 April 1938
Birth Place: Queens, New York, United States
Nationality: American
Religion: N/A
Parents: Ralph Madoff and Sylvia Muntner
Spouse: Ruth Madoff (m. 1959)
Children: Mark Madoff, Andrew Madoff
Height: 1.70 m
Weight: 86 kg
Profession: Stockbroker, investment advisor, financier
Net Worth in 2020: $2 million

Age, Height, Weight & Body Measurement

Bernie Madoff is 82 years old. Madoff weight 86 kg and his height is 1.70 m. Bernie has a blond color of his hair, and there is no further detail about his body measurement.

Education, School/College University

Bernie completes his graduation from Far Rockaway High school in the year 1956. Later, he used to go to the University of Alabama for one year, and then he transferred to Hofstra University and completed his graduation with a degree of Bachelor of Arts in political science.

Parents, Siblings, Nationality, Ethnicity, Religion & Political Views

Bernie is the son of Ralph Madoff and Sylvia Muntner. His father worked as a plumber for several years and then worked as the stockbroker. He is the second son in his family and has two siblings named Sondra Weiner and Peter Madoff. Madoff’s grandparents emigrated from Romania, Poland, and Austria.

Married, Relationship, Dating, Affair, Girlfriend, Wife, Children

Bernie Madoff is a married man. He got married to Ruth Alpern on 28th November 1959. He met Ruth in Rockway High School, and they both eventually start dating. The couple is blessed with two sons named Mark and Andrew Madoff.

Relationship Statistics

Marital status? (single, married, in relation or divorced): Married
When did he get married? (married date): 28 November 1959
Does he have any relationship affair? No
Is BERNIE MADOFF Gay? No
Wife/Spouse? (name): Ruth Madoff (m. 1959)
Kids: Mark Madoff, Andrew Madoff

Professional Life and Career

In the year 1960, Bernie founded a firm named Bernard L. Madoff Investment Securities LLC. He started the firm by using the $5000 he has from his lifeguarding job and also borrowed &50,000 from his in-laws. Madoff investment securities started growing and become popular for its reliable annual return of more than ten percent at the end of the 1980s. As the business expanded, then Madoff starts employing lots of family members in his firm to help him.

In 1970, Peter, his younger brother, also joined the business, and he becomes the chief compliance officer of the firm. Apart from this, Madoff’s sons named Mark and Andrew, also started working with the company as the traders. In addition to this, there are lots of more family members start joining his firm that includes Peter’s daughter Shana who became the rules compliance lawyer and his son Roger as well.

But in the year 2008, Bernie Madoff becomes famous for another reason, and that is his arrestment. Madoff admitted that his firm elaborated on the Ponzi scheme, and he was charged with securities fraud. After found guilty to 11 felony counts: false statement advisor fraud, wire fraud, securities fraud, mail fraud, three counts of money laundering, perjury, false statement, theft an employee benefit plan,  and false filing with the United States Securities and Exchange. While imprisoned, Madoff learned about the death of two sons.

Awards & Nominations

There are no awards and nominations received by Madoff in his entire career.

Bernie Madoff Net Worth, Income & Salary In 2020

Bernie Madoff Net Worth
Bernie Madoff Net Worth

At the starting of his career, Madoff was a successful financier and investment advisor who gain lots of wealth, and it is estimated that his total net worth is $2 million as of August 2020. He is a criminal who found guilty for fraud and scamming his clients with the Ponzi scheme.

Rumors and Controversy/Scandal

Bernie Madoff came in rumors in 2008 when he was arrested and charged with frauds and scams. Madoff is charged to made the fraud of millions of dollars and found guilty.

Social Media: Facebook, Twitter, Instagram, etc.

His Facebook page has around 2218 fan likes, and his Twitter account has around 289 followers. On Instagram account, he has around 201 followers.

Bernie Madoff was a former financier and stockholder who is now declared as a criminal and was charged with frauds and scams. It is estimated that the fraud made by Bernie Madoff is worth $64.8 billion that is generally based on account of the hundreds of clients of Madoff. He founded Bernard L. Madoff Investment Securities in the year 1960 and served as its chairman until he got arrested in the year 2008. He has a beautiful family, but due to his acts and frauds that he made in his entire career, he was sentenced to 150 years in prison.

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