As one of the most talked-about figures, Paul Manafort has built a significant fortune. Our team analyzed the latest data to provide a clear picture of their income.
What Is Paul Manafort's Net Worth?
Manafort reportedly purchased several pieces of real estate worth a combined $11 million from 2006 to 2012. He also allegedly received $12 million in undisclosed payments from the pro-Russian former President of Ukraine. He eventually took on seven home equity loans worth more than $19 million. Years later, we would learn that Paul earned $60 million consulting for Ukrainian billionaires.
Personal Wealth and Assets
The government was initially given approval to seize and sell all of Manafort's properties. After being pardoned, a federal judge allowed Paul to keep any properties that had not been sold yet. Those properties included his home in the Hamptons, a $3 million condo in New York City, and a townhouse in Brooklyn.
On October 30, 2017, Paul Manafort turned himself in to the FBI to face a series of charges. He was indicted on charges of money laundering. Authorities claimed that Manafort laundered $18 million through shell companies that paid for a lavish lifestyle of luxury cars, homes, and vacations. The charges carried a potential 20-year prison term. In total, he faced 12 charges, including being an unregistered foreign agent, not paying taxes, and lying on federal disclosure forms. He was ultimately sentenced to more than 70 months in prison. He was in jail from June 2018 to May 2020. He was released after being pardoned by Donald Trump.
According to Federal prosecutors, at his peak, Paul Manafort's net worth topped $70 million. He would eventually forfeit more than $22 million in assets to the Federal government. He was sentenced to prison on charges of tax and bank fraud. He was imprisoned from June 2018 until May 2020. He was released after being pardoned byDonald Trump.
Paul Manafort is an American political consultant, attorney, lobbyist, and convicted felon who has a net worth of $10 million. Throughout his career, Paul Manafort served as a campaign consultant to such Republican Party presidential candidates asGerald Ford,Ronald Reagan, George H. W. Bush, and Donald Trump. He has also lobbied on behalf of numerous international dictators and oppressive governmental regimes. Between 2017 and 2019, Manafort was charged with various crimes, including obstruction of justice, witness tampering, tax and bank fraud, and conspiracy to defraud the United States.
According to the indictment, here are some of the ways Manafort spent his illicit millions:
Ultimately, Paul Manafort's financial journey is a testament to their success.
Disclaimer: All net worth figures are estimates based on public data.