Steve Bannon Net Worth: Steve Kevin Bannon, better known by his stage name Steve Bannon, is a major figure in contemporary American politics and culture. He was employed in a wide range of industries. He has worked as a political strategist, media executive, and investment banker in the past.
He spent seven months in former President Trump’s administration as the senior strategist for the White House. This article will provide us with the most recent information on him.
People are curious to know about Steve Bannon net worth, Ban, Issues early life, career, and personal life. If you are interested to know, stay with us until the end of the article.
Steve Bannon Net Worth
Steve Bannon Net Worth is around $20 million. He earned money as an American media executive and political consultant. Steve Bannon net worth was increased from other sources of earnings.
Steve Bannon Finances and Seinfeld Syndication
Steve Bannon made hundreds of thousands of dollars in 2016 as a consultant for several conservative media firms, according to a financial report released in April 2017. The declaration also revealed that he personally had bank accounts with up to $2.25 million and real estate rental property worth up to $10.5 million. His consulting firm, Bannon Strategic Advisors Inc, was valued between $5 million and $25 million.
Of particular note is a deal Bannon secured for around 1% of “Seinfeld” syndication income in 1993. The first season of Seinfeld was syndicated in 1995. Over the next two decades and more, Bannon’s 1% ownership interest would yield over $33 million in dividends. You can read Steve Martin Net Worth.
Steve Bannon Arrest
Postal inspectors from the United States apprehended Steve Bannon on August 20, 2020, while he was aboard a yacht measuring 150 feet. According to reports, Bannon was detained because of his involvement with the “We Build the Wall” nonprofit. Banon and a number of other suspected accomplices were detained for allegedly using charity funds for personal gain. Bannon was detained aboard the yacht of fugitive Chinese tycoon Guo Wengui, who is on China’s most wanted list. Before the arrest of Steve Bannon net worth had increased.
Interestingly, GTV Media Group’s fundraising accounts were frozen at a number of banks the same week he was taken into custody. GTV reportedly secured $300 million in a private offering in the spring of 2020, with Bannon and Wengui serving as two of the company’s top executives. You may be interested in Martin Short Net Worth.
Steve Bannon Early Life
Stephen Bannon’s parents, Doris, a homemaker, and Martin, a telephone lineman, gave birth to him on November 27th, 1953, in Norfolk, Virginia. His ancestry includes the Irish and the Germans. Young Bannon attended Richmond, Virginia’s Catholic military school, Benedictine College Preparatory. After that, he went to Virginia Tech and spent his summers working at a scrap metal yard.
He served as an officer in the United States Navy for seven years after graduating from Virginia Tech with a degree in urban planning. He attended Georgetown University and Harvard Business School, where he earned an MBA and a Master of Arts in National Security Studies, respectively. You must read Bret Michaels Net Worth.
Steve Bannon Career
After his time in the Navy, Bannon became a mergers and acquisitions banker for Goldman Sachs. He relocated to the Los Angeles area in 1987 to help the company strengthen its foothold in the film and television industries. About three years later, Bannon and a few of his former coworkers started their own company, a small investment bank they called Bannon & Co. In addition to running the business, he oversaw the Arizona town of Oracle’s Biosphere 2 earth science research project.
By the early 1990s, Bannon had immersed himself in the media business, rising to the position of executive producer for a number of Hollywood films, including “The Indian Runner” and “Titus.” In 2002, he joined forces with entertainment industry executive Jeff Kwatinetz to form the management company The Firm, Inc. Then he filmed a documentary about Ronald Reagan called “In the Face of Evil,” which is what brought him to the attention of Andrew Breitbart, a right journalist, and publisher who likened Bannon to Nazi director Leni Riefenstahl.
After that, Bannon supported and produced insane far-right films like “The Undefeated” and “Occupy Unmasked.” Between the years 2007 and 2011, he served as CEO and chair of Affinity Media. Also, he was on the board of directors for Cambridge Analytica, the company that illegally targeted American voters with data analytics in the 2016 presidential election.
Bannon’s most infamous work in the media is as a co-founder of Breitbart News, a far-right website known for its publication of hate speech. After a brief stint in the White House, he returned to his role as executive chair of the website’s parent firm in 2017. Bannon lost his position at Breitbart News in 2018. He subsequently established the Citizens of the American Republic, a secret funding group. You can also read Shelley Duvall Net Worth.
Bannon became Donald Trump’s presidential campaign’s chief executive officer in August 2016. After the latter’s victory in the election, he took on the role of chief strategist and senior advisor. Bannon, along with Stephen Miller, was instrumental in the development of the bigoted executive order that froze the entry of citizens from numerous countries with large Muslim populations into the United States. The final straw was when he was fired in April of 2017, and he left the White House for good in August.
After leaving the White House, Bannon traveled around Europe giving speeches at far-right political events in an effort to create a worldwide network of fascist parties. In August of the next year, 2020, federal prosecutors in New York charged Bannon and three other individuals with scamming contributors in a massive crowdfunding effort that falsely purported to be raising money for constructing a wall along the US-Mexico border. Though Bannon had entered a not-guilty plea, Trump granted him a pardon before his trial was scheduled to begin.
Steve Bannon Personal Life
When it comes to his personal life, Bannon has been married and divorced several times. While married to Cathleen Suzanne Houff, he fathered a daughter named Maureen. Bannon remarried in 1995 to Mary Louise Piccard, a former investment banker; they had previously been divorced. They had a set of identical twins and later broke up in 1997. Bannon was charged with domestic assault, witness intimidation, and other minor offenses throughout their marriage. He then married Diane Clohesy in 2006; they later separated in 2009.
Steve Bannon Social Media Ban Ans Other Issues
Bannon was permanently banned from Twitter, like his old employer Donald Trump, when he sent murder threats against infectious disease expert Anthony Fauci on social media in November of 2020.
The US House Select Committee on the January 6 Attack issued a subpoena for Bannon’s appearance on October 14, 2021. The House of Representatives voted to hold him in criminal contempt of Congress after he disobeyed their orders. After then, the case against him was sent to the Justice Department to be reviewed.
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