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Marc Bell Net Worth, Biography & Wiki 2017
Marc Bell was born in Brooklyn, New York, USA in 1967, of Caucasian origin and is an entrepreneur and financier; he is well known as the former owner of Penthouse magazine. Bell is the founder and CEO of Globix Corporation, and the managing partner of Marc Bell Capital Partners firm. Marc Bell is also known as a producer of movies, musicals and plays. Bell has been active in business since the late 1980s.
How much is the net worth of Marc Bell? It has been estimated by authoritative sources that the overall size of his wealth is as much as $500 million, as of the data given in the middle of 2017. FriendFinder Networks, Inc., Marc Bell Capital Partners and Penthouse are the major sources of Bell’s net worth.
Marc Bell Net Worth $500 Million
To begin with, the boy was raised in Brooklyn, and was educated at Scarsdale High School. Later, he majored in Accounting at Babson College, from where he graduated with a Bachelor’s degree. Bell continued into postgraduate studies at New York University, and earned a Master’s degree in Real Estate Development.
Concerning his professional career, Marc launched his web hosting company being 21 years old. As the expansion of the company was successful, soon Bell became known as the CEO of Globix Corporation, in 1996. Unfortunately, alongside the crash of the stock market in 2001, the worth of the shares fell significantly, and this company went into bankruptcy in 2002.
The following year, Bell launched Marc Bell Capital firm, which operates in entertainment, publishing, internet as well as real estate investments; Marc himself holds the position of the managing partner. In 2004, he and his partner became the owners of Penthouse magazine, which they acquired in the auction after a bankruptcy. Several years later, they became the owners of the company Various, which owned a dating site. The above mentioned company was later renamed to Friend Finder Networks, although the company went bankrupt in 2013. At the end of 2009, Bell became the co-founder of ARMOUR Residential REIT company in which he served in a number of positions, including chairman of the board of directors, director and treasurer. In addition to this, Marc Bell is the member of the board of Javelin Mortgage Investment Corp.
Furthermore, Marc Bell is known as a producer. He worked with the plays and musicals “Rock of Ages”, “A Catered Affair”, “The Wedding Singer” and many others. Several plays produced by Bell won Tony Awards, including “August: Osage County” in 2008 and “The Jersey Boys” in 2006. He also worked as an executive producer for the comedy film “Barry Munday” (2010) written and directed by Chris D’Arienzo. Recently, he produced the musical “Honeymoon in Vegas” (2015).
To summarise, all the above mentioned engagements have added sums to the overall size of Bell’s net worth.
Finally, in the personal life of the entrepreneur, he is apparently married, but no other details are common knowledge. Bell resides in Boca Raton, Florida, USA.