Steve Bannon Net Worth | Celebrity Net Worth

Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

splits: 17

What’s Steve Bannon’s Net Worth?

Steve Bannon is an American media govt and political marketing consultant who has a net worth of $20 million. Steve Bannon is finest recognized for serving because the chief strategist to Donald Trump in the course of the first seven months of Trump’s Presidential time period. Beforehand, he was govt chairman of the far-right web site Breitbart, and served on the board of the now-defunct knowledge analytics agency Cambridge Analytica.

In 2020, Bannon was arrested and charged with conspiracy to commit mail fraud and cash laundering, and the subsequent yr, was held in contempt of Congress for defying a subpoena investigating the January 6, 2021 assault on the US Capitol.

Bannon has financed and produced a number of movies together with “The Undefeated,” “Hearth from the Heartland: The Awakening of the Conservative Girl,” and “Occupy Unmasked.” Bannon served as performing director of Biosphere 2 earlier than he moved to Hollywood and govt produced Anthony Hopkin’s 1999 film “Titus.”

Funds and Seinfeld Syndication

An April 2017 monetary disclosure confirmed that Steve Bannon earned a number of hundred thousand {dollars} in 2016 as a marketing consultant for varied conservative media organizations. The disclosure additionally confirmed that his consulting agency Bannon Strategic Advisors Inc was valued between $5 million and $25 million and that he personally held financial institution accounts with as a lot as $2.25 million and actual property rental property value as a lot as $10.5 million.

Maybe most apparently, in 1993 Bannon negotiated a deal to amass an estimated 1% of the syndication profits of the TV present “Seinfeld.” In 1995 Seinfeld was offered into syndication for the primary time. Over the subsequent 20 years+, Bannon’s 1% fairness stake would generate round $33 million in dividends.

Arrest

On August 20, 2020, Steve Bannon was arrested on a 150-foot yacht off the coast of Connecticut by US Postal Inspectors. Bannon’s arrest was related to a charity known as “We Construct the Wall”. Banon and several other alleged co-conspirators had been arrested for allegedly siphoning cash from the charity to make use of on private bills and purchases. The yacht Bannon was arrested on is owned by a Chinese language billionaire named Guo Wengui who’s one in every of China’s most-wanted fugitives. Coincidentally, in the identical week of his arrest, a number of banks froze accounts related to fundraising efforts by an organization known as GTV Media Group. Bannon and Wengui are allegedly the 2 key executives behind GTV which raised $300 million in a personal providing in spring 2020.

Kirk Irwin/Getty Photographs

Early Life and Profession Beginnings

Stephen Bannon was born on November 27, 1953 in Norfolk, Virginia to homemaker Doris and phone lineman Martin. He’s of Irish and partial German descent. As a youth, Bannon went to Benedictine Faculty Preparatory, a Catholic navy college in Richmond. Subsequently, he attended Virginia Tech, and in the course of the summers, labored at a neighborhood junk yard. After graduating from Virginia Tech with a level in city planning, he turned an officer within the US Navy for seven years. Throughout this time, he obtained a grasp’s diploma in nationwide safety research from Georgetown College and an MBA from Harvard Enterprise College.

Following his service within the Navy, Bannon labored as an funding banker at Goldman Sachs within the Mergers and Acquisitions Division. In 1987, he moved to Los Angeles to help the corporate in increasing its presence within the leisure business. Three years later, Bannon and a few of his colleagues fashioned their very own firm, a boutique funding financial institution known as Bannon & Co. Whereas nonetheless managing the corporate, he turned director of the earth science analysis challenge Biosphere 2, which operated in Oracle, Arizona.

Media Profession

Immersed within the media world by the early 90s, Bannon turned an govt producer of many Hollywood movies, together with “The Indian Runner” and “Titus.” Later, in 2002, he partnered with leisure business govt Jeff Kwatinetz on the administration firm The Agency, Inc. Following this, he made a Ronald Reagan documentary entitled “Within the Face of Evil”; this challenge subsequently led him to conservative journalist and writer Andrew Breitbart, who in contrast Bannon to Nazi filmmaker Leni Riefenstahl. Bannon went on to finance and produce such deranged, far-right tasks as “The Undefeated” and “Occupy Unmasked.” From 2007 to 2011, he was the CEO and chair of Affinity Media. Moreover, he served as vice chairman of the board of Cambridge Analytica, which used unlawful knowledge analytic techniques to focus on American voters in the course of the 2016 presidential election.

Amongst his most infamous media endeavors, Bannon was a founding member of Breitbart Information, an excessive rightwing web site that publishes virulently racist, xenophobic, antisemitic, and sexist materials. He turned govt chair of the web site’s guardian firm in 2012, and briefly returned in 2017 following his transient employment on the White Home. In 2018, Bannon was ousted from Breitbart. He subsequently fashioned Residents of the American Republic, a darkish cash group.

Political Profession

In August of 2016, Bannon was appointed chief govt of Donald Trump’s presidential marketing campaign. Following the latter’s election, he turned his chief strategist and senior counselor. Together with Stephen Miller, Bannon was central to the creation of the racist govt order that restricted US journey and immigration from a number of Muslim-majority nations. He was finally faraway from his position in April of 2017, and he formally left the White Home in August.

Following his departure from the White Home, Bannon toured Europe to talk at varied far-right political occasions, with the intention of constructing a world community of fascist events. Later, in August of 2020, New York federal prosecutors charged Bannon and three different males with defrauding donors in a significant crowdfunding marketing campaign that claimed to be elevating cash for constructing a wall alongside the US-Mexico border. Pleading not responsible, Bannon was pardoned by Trump earlier than the date of his trial.

Social Media Ban

After posting demise threats towards infectious illness skilled Anthony Fauci on social media in November of 2020, Bannon was completely banned from Twitter, identical to his former boss Donald Trump.

Contempt of Congress

In September of 2021, Bannon acquired a subpoena from the US Home Choose Committee on the January 6 Assault, ordering him to look on October 14. When he didn’t comply, the Home of Representatives voted to carry him in felony contempt of Congress. He was subsequently referred to the Justice Division for a possible prosecution.

Political Views and Private Life

Bannon opposes immigration, denies local weather change, and helps populist authoritarian actions within the US and in nations all through Europe.

In his private life, Bannon has been married and divorced a number of instances. His first marriage was  to Cathleen Suzanne Houff, with whom he had a daughter named Maureen. Following their divorce, Bannon wed former funding banker Mary Louise Piccard in 1995. The pair had twin daughters, and cut up in 1997. Throughout their marriage, Bannon was charged with misdemeanor home violence, battery, and dissuading a witness. Later, in 2006, he married Diane Clohesy; they divorced in 2009.


Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Leave a Reply

%d bloggers like this: