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Bernie Madoff's Net Worth 2023 Update

MADOFF: The Monster of Wall Street is the title of Netflix's latest true-crime documentary series. It focuses on the infamous American fraudster Bernie Madoff.

If you are unfamiliar with the late New Yorker investor, he led one of the greatest Ponzi scams in history, defrauding victims out of an estimated $64.8 billion.

Bernie Madoff's Net Worth 2023 Update
Bernie Madoff's Net Worth 2023 Update

In 2009, Madoff was given a sentence of 150 years in jail, and he died of natural causes in prison in 2021.

MADOFF: The Monster of Wall Street examines the life of Bernard Madoff, including how he became one of the largest con artists in U.S. history, as well as the individuals impacted by his heinous actions.

Today, January 4, the four-part series directed by Joe Berlinger (Conversations With a Killer, Crime Scene) launched on Netflix.

The documentary series is quite enlightening, reminding viewers that powerful individuals can get away with virtually anything if they have enough money.

Thankfully, Madoff finally paid for his crimes, and hundreds of his victims received reparations, albeit for many, the harm he and the implicated institutions inflicted was irreparable.

Undoubtedly, Madoff had a substantial amount of money in the bank at the height of his fraud, but how much? Here is information on his net worth.

Bernie Madoff's Net Worth

ABC News reports that following Madoff's arrest in 2009, court documents revealed that he and his wife Ruth held net assets valued between $823 million and $826 million.

They reportedly possessed $17 million in cash, jewels worth millions of dollars, and many boats and residences. Additionally, Madoff held net ownership of his firm, which was valued at $70 million.

Celebrity Net Worth revealed that Madoff's estimated net worth at the time of his death was -$17 billion. The recovery of cash stolen from his fraud is still underway. According to Celebrity Net Worth, his widow's current net worth is around $2 million.

Netflix currently streams all four episodes of MADOFF: The Monster of Wall Street.

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