Celebrities
Nevin Shapiro Net Worth
Nevin Karey Shapiro 's Net Worth as of 2024
-$82 Million
Nevin Karey Shapiro was born on the 13th April 1969, in Brooklyn, New York City, USA, and is a former millionaire and University of Miami booster, but probably best known for being a convicted felon who operated a Ponzi scheme which fraudulently netted him $930 million, for which is is now jailed. He was actually involved in numerous violations over eight years of being a booster for many Miami athletes.
So, have you ever wondered how rich Nevin Shapiro is? According to authoritative sources, it was estimated that Nevin counts his net worth at the amount of (minus) -$82 million, as of 2010 when he was sent to prison and ordered to pay restitution for that amount. Before he went to jail, he used around $38 million worth of clients’ money on personal expenses between 2005 and 2009.
Nevin Shapiro Net Worth (minus) -$82 Million
Nevin Shapiro spent his childhood time in Miami Beach, Florida, as he moved there with his single mother after his parents divorced. He attended Miami Beach Senior High School, from which he matriculated in 1986, and where he was active in sports including wrestling and basketball. While he was growing up, he became obsessed with the Hurricanes football team, as well as Miami in general. Despite his love for Miami, when his mother remarried to businessman Richard Armand Adam, they moved to Lighthouse Point, Florida, and Nevin enrolled at the University of South Florida in Tampa. However, he didn’t graduate, as he was expelled due to cold-cocking another student during a football game in 1990.
Ten years later in 2000, Nevin established his own company called Capitol Investments USA, in which he served as the Chief Executive Officer (CEO). He developed the Ponzi scheme, which was based on attracting as many investors as possible, and he did that by promising them that they would make 10 to 26 percent commissions per month. His business grew quickly because of his connections in Chicago, New Jersey, Naples and Indianapolis, which theoretically added a considerable amount to his net worth. Nevin told his employees to create and show to the investors the documents confirming Capitol’s profitability, indicating that Capitol’s wholesale grocery business was making tens of millions of dollars per year, when actually there was no business at all. Nevin later admitted that he never resold those groceries, but instead used approximately $38 million of investors’ money for personal use, including $150,000 that he gave to the University of Miami to have his name placed on the student lounge, and about $2 million for boosting Miami sports, primarily football.
In 2009 everything fell apart when a real estate agent from Chicago sued to force Nevin into bankruptcy after he had stopped making payments to his investors. He was charged with securities fraud and money laundering, pleaded guilty and was sentenced to 20 years in prison. While in prison, Nevin admitted to other illegal and unethical activities, thus exposing many employees and players at the University of Miami.
When it comes to speak about his personal life, Nevin Shapiro has never been married. It is known that he was a huge fan of football and basketball teams, so he spent more than $400,000 for floor seats to the NBA team – the Miami Heat. He had residence in Miami Beach worth $5 million, and in free time, he enjoyed in his Riviera yacht with his famous friends at the time, such as Shaquille O’Neal, Dwyane Wade, Kevin Garnett and others. Currently, Nevin is serving time at Federal Correctional Institution, Butner Low, and is scheduled for release in October, 2027.
Celebrities
Ben Stein Net Worth
Benjamin Jeremy Stein is an American lawyer, speechwriter, actor, writer and commentator on economic and political issues, but he is also known for participating in many other activities. For example, Ben Stein has even tried himself as a game show host. This famous person in American economics and politics was born on November 25 in 1944 in Washington, D.C., United States during World War II. He attended Columbia College and later Yale Law School. After graduation Ben Stein started to write columns and articles for different US magazines such as Newsmax, Los Angeles Magazine, Penthouse, The Wall Street Journal, Barron’s Magazine, The American Spectator and even for The New York Times.
Ben Stein Net Worth $20 Million
In his writings Stein usually speaks about the economic situation and political issues, and even gives financial advices to individual investors. However, in the mid-60s he also got the job of a poverty lawyer and later continued as a lawyer for the Federal Trade Comission. After few years of hard work, Ben Stein decided to try himself in acting too, but before starting to get roles he became a Hollywood consultant. Stein got his first comedy role and had to play a boring and monotonous economics teacher in the movie called Ferris Bueller’s Day Off, which was released in 1986. As an actor Ben Stein has since appeared in many other movies, such as The Mask, No Intelligence Allowed, Ghostbusters, Ghostbusters II, The Emperor’s New School, Full House, Casper: A Spirited Beginning, The O’Reilly Factor, Maried… with Children, Duckman, The Emperor’s New Schol, Earthworm Jim, Casper Meets Wendy, Family Guy and Richie Rich.
The famous actor and commentator is also recognized thanks to the Comedy Central channel where he was the main face of the show called “Win Ben Stein’s Money” for which he has even received an Emmy award. Ben Stein was earning $5,000 per episode, but money that contestants won was subtracted from actor’s salary. However, these earnings are just nothing if we compare them with Stein’s net worth, which reached $20 million in 2012.
Ben Stein is well known thanks to his ability to harmonize all his activities and show himself as a talented person in every job he does. But maybe one of his most successful, but not so well-known activities is writing speeches for American presidents. Ben Stein was a speechwriter for Richard Nixon and Gerald Ford. Until now Ben Stein has published 15 books, the first written together with Herbert Stein and released in 1978. In 2012 his last book appeared in stores – “How To Really Ruin Your Financial Life and Portfolio”.
Nowadays Ben Stein lives with his wife Alexandra Denman in Beverly Hills and Malibu, California. The couple married in 1968 and divorced after 6 years, but in 1977 they got back together again. With his wife Ben Stein adopted their son Tom in 1987. As well as his property in Beverly Hills, Ben Stein also owns a summer home in Sandpoint, Idaho and an apartment in the Watergate complex in Washingtton, D.C., which was inherited from his parents.
Celebrities
Paul Heyman Net Worth
Paul Heyman was born on 11 September 1965, in Westchester County, New York City USA, and is an entertainment producer, performer, marketing guru, and a businessman. In particular, he is a vital member of World Wrestling Entertainment, Inc. (a.k.a. the WWE). Heyman’s versatility has made a great impact on his net worth.
So just how rich is Paul Heyman? The latest information from authoritative sources as of mid-2016, estimates that Paul’s net worth is over $10 million, accumulated during his working life now spanning 30 years.
Paul Heyman’s Net Worth $10 Million
Paul was born into the Jewish family of personal injury attorney Richard, and Sulamita Heyman, actually a holocaust survivor. At 11 he started his first business attempt, selling celebrity and sports memorabilia. His educational background comes from Suny Purchase, New York, and Westchester Community College, where he was also employed as a radio station host and later a producer, and was famous/notorious even then for his bold, controversial and opinionated statements.While still a teenager, Heyman hustled his way as a photo journalist into a World Wide Wrestling Federation event at Madison Square Garden, and was paid by the company for several photos he had taken. This is considered as a first step into his later career, and which talent he expanded into the creation of a wrestling magazine “The Wrestling Times Magazine“, and wrote for wrestling publications such as “Pro Wrestling Illustrated”.
Paul then successively worked for Capitol Wrestling Corporation, Championship Wrestling from Florida, Jim Crockett Promotions, World Championship Wrestling, and Extreme Championship Wrestling, in various guises including promoter, producer, trainer, and manager, and then with World Wrestling Federation (WWF) as a commentator and broadcaster from the turn of the century. Additionally, he is also the manager of such famous wrestlers as Brock Lesnar and a group of wrestlers called Paul Heyman Guys. The training career income is considered to be one of the main flows into Heyman’s account as well.
Paul Heyman pursues a separate career as a businessman as well, as he has also co-founded and co-owns a branding and advertising marketing firm The Looking4Larry Agency, based in New York City. The company is mostly known for its activities in viral video production as well as social media marketing. Heyman employed award winning NYC ad executive Mitchell K. Stuart of HQ-Creative Services and their very first client was EA Sports. After successful viral campaigns with EA, The Looking4Larry Agency became the agency of record for THQ video games, where Heyman and Stuart wrote, directed, and produced viral videos for THQ games such as All Stars, WWE ’12, and WWE ’13.
Heyman also launched a multimedia project called The Heyman Hustle, featuring a video of him interacting with celebrities from several areas of entertainment on the streets of New York City, and articles about professional wrestling.
Additionally, Heyman was cast by producer Michael Tadross as “Gino” in the film adaptation of the off-Broadway show “Tony n’ Tina’s Wedding”, and Heyman also made a cameo appearance in the WWE Studios film, “Countdown”.
In his personal life, Paul Heyman married Maria, but is reputed to be raising their two children as a single father. There is little other private information available to the media.
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