Table of Contents
- Paul Manafort Net Worth and Profile
- What is Paul Manafort’s Net Worth?
- Highlights
- Early Life
- Career
- Personal Life
- Net Worth Over Time
- Components of Net Worth
- In Conclusion
Paul Manafort Net Worth and Profile
| Category | Information |
|---|---|
| Net Worth | $10 million |
| Salary | N/A |
| Birthdate | April 1, 1949 |
| Birthplace | New Britain, Connecticut |
| Gender | Male |
| Height | N/A |
| Profession | Political consultant, attorney, lobbyist |
| Nationality | American |
What is Paul Manafort’s Net Worth?
Paul Manafort, a political consultant, attorney, lobbyist, and convicted felon, has an estimated net worth of $10 million. However, at his peak, his net worth was reported to be over $70 million, but he would later forfeit more than $22 million in assets to the Federal government. Manafort’s financial situation has been influenced by his involvement in various legal issues and criminal charges.
Highlights
- Paul Manafort’s net worth is $10 million.
- He served as a campaign consultant for several Republican Party presidential candidates.
- Manafort has a controversial history of lobbying for international dictators and oppressive governments.
- He was charged with various crimes, including tax and bank fraud, and served time in prison.
- Manafort’s net worth has significantly decreased due to legal issues and asset forfeitures.
Early Life
Paul Manafort was born on April 1, 1949, in New Britain, Connecticut. His father, Paul Manafort Sr., served in the US Army during World War II and was later indicted in a corruption scandal as a mayor of New Britain. Manafort attended St. Thomas Aquinas High School and went on to graduate from Georgetown University with a BS in business administration in 1971. He obtained his JD from the same university in 1974.
Career
Paul Manafort started his career as a lawyer in 1977, working with the Washington, DC firm Vorys, Sater, Seymour and Pease. He gained political experience as the southern coordinator for Ronald Reagan’s presidential campaign in 1978 and later became the deputy political director of the Republican National Committee. Manafort’s lobbying career took off in 1980 when he co-founded the firm Black, Manafort & Stone, which later changed its name to Black, Manafort, Stone and Kelly. The firm worked for a range of international leaders, including dictators and oppressive regimes. Manafort also served as Donald Trump’s campaign chairman for a brief period in 2016 but resigned amid controversy.
Personal Life
Paul Manafort married fellow attorney Kathleen Bond in 1978. They have two daughters named Andrea and Jessica. Manafort’s wife is also a lawyer who graduated from George Washington University and passed the Virginia Bar exam. She became a member of the Washington, DC Bar a few years later.
Net Worth Over Time
Paul Manafort’s net worth has experienced significant fluctuations over time. At his peak, his net worth was reported to be over $70 million. However, due to his legal issues and confiscation of assets by the Federal government, his current net worth is estimated to be $10 million. Manafort’s financial situation has been affected by various charges, including tax and bank fraud, as well as his involvement in lobbying for dictatorships and oppressive regimes.
Components of Net Worth
Paul Manafort’s net worth consists of various assets, including real estate properties, which he reportedly purchased for a combined value of $11 million. He also allegedly received $12 million in undisclosed payments from the former President of Ukraine. Throughout his career, Manafort earned significant sums of money through consulting for Ukrainian billionaires, totaling approximately $60 million. However, he forfeited more than $22 million in assets to the Federal government as a result of his criminal charges.
In Conclusion
Despite having an estimated net worth of $10 million, Paul Manafort’s financial situation has been tumultuous. He initially enjoyed great wealth, but his involvement in illegal activities, criminal charges, and asset forfeitures significantly impacted his net worth. Manafort’s career as a political consultant, attorney, and lobbyist has been surrounded by controversy, having worked for Republican presidential candidates, international dictators, and oppressive governments.
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