How Did Steve Bannon Build His Net Worth? How Rich Is He?

Steve Bannon is a native of Norfolk, Virginia, and was born on November 27, 1953. He is a former executive chairman of Breitbart News, an American media executive, political strategist, and former investment banker.

In a recent news release, the U.S. Department of Justice charged him, along with three other individuals, with federal charges for allegedly utilizing the “We Build The Wall” campaign to defraud donors.

Robert Bannon People want information on Net Worth in 2022. As a result, we have changed Steve Bannon’s age, height, and many other details on our page. Steve Bannon is a screenwriter, director, and producer of motion pictures.

Who Is Steve Bannon?

Screenwriter, director, and producer Steve Bannon is well-known in the film industry. On November 27, 1953, Steve Bannon was born. The majority of individuals are looking for Steve Bannon’s net worth.

Therefore, the information has been updated here. Some people will be curious to learn about the biographies of the superstars they admire. Similar to this, we can now see people looking up Steve Bannon’s net worth. One can find out about Steve Bannon’s net worth on the internet. To learn more, let’s delve into the details.

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Steve Bannon Education

In Richmond, Virginia, the young Bannon attended Benedictine College Preparatory, a private, catholic military high school. Bannon attended Virginia Tech College of Architecture and Urban Studies after graduating in 1971. His graduation was in 1976.

Bannon served as an officer in the American Navy. He attended Georgetown University School of Foreign Service when he was in the military. He earned a master’s degree in national security studies in 1983. Bannon has a Harvard Business School MBA as well.

Steve Bannon net worth
Steve Bannon net worth

Steve Bannon Family

Steve has three siblings: two brothers, Mike and Chris Bannon, and a sister called Mary Beth Meredith. He is the son of Martin and Doris Bannon.

Speaking of his education, he graduated from Virginia Tech and attended Benedictine College Preparatory. He later graduated with honors from Harvard Business School’s Master of Business Administration program and the Georgetown University School of Foreign Service with a master’s degree in national security studies.

Steve Bannon Wife

His first marriage was to Cathleen Suzanne Houff, with whom he has a daughter named Maureen. He has been married and divorced three times.

He wed Mary Louise Piccard, a former investment banker, in April 1995; the couple has twin daughters. In 1997, Mary filed for the dissolution of their marriage, and in early January 1996, Steve was charged with misdemeanor domestic violence, battery, and dissuading a witness after Piccard accused Bannon of abusing his wife.

He wed Diane Clohesy, his third wife, in 2006; the two of them remained married from that year until 2009.

How Did Steve Bannon Build His Net Worth?

Thanks to his sizable and dedicated social media following, Steve Bannon is a divisive figure in American politics with a diversified career and a disproportionate sphere of influence.

Steve Bannon frequently discusses his service as an officer in the Navy before joining Goldman Sachs as an investment banker in interviews and episodes of his “War Room” podcast, one of the most well-known podcasts in the United States.

Steve took over the management of the ecological experiment Biosphere 2 in 1993. He was trying his hand as a Hollywood producer at the same time. IMDb lists Bannon as the director of at least 19 movies, several of which are in the documentary genre.

More notable films include “Battle for America” (2010), which examines the rising rift and animosity between conservatives and the state apparatus, and “Clinton Cash” (2016), a documentary investigating the funding of Bill and Hillary Clinton’s organization.

For his political-themed documentaries, Bannon has conducted interviews with several prominent figures in the conservative political movement, including Ann Coulter, Lou Dobbs, Newt Gingrich, and Michael Flynn. Val Kilmer starred in “The Steam Experiment” (2009), and Ed Harris and January Jones appeared in “Sweetwater,” both of which he co-produced (2013).

Bannon and his business partners established the boutique investment firm Bannon & Co. using their media ties and the knowledge they gained at Goldman Sachs.

NameSteve Bannon
Nick NameSteve
DOBNovember 27, 1953
Age66 years old as of 2020
Height5 feet 8 Inch Tall
Weight87KG
FatherMartin Bannon
MotherDoris Bannon
SiblingsChris Bannon (Brother)
Mike Bannon (Brother)
Mary Beth Meredith (Sister)
Ex-WifeCathleen Suzanne Houff
Mary Louise Piccard
Diane Clohesy
KidsGrace Piccard
Emily Piccard
Maureen Bannon
Net worthUSD 60 Million as of 2020

Bannon & Co. largely dealt with media businesses and represented several well-known customers. One such customer was Westinghouse Electric, which Bannon & Co. represented in the Turner Broadcasting System acquisition of Castle Rock Entertainment.

The famous comedy series “Seinfeld,” which debuted in the 1990s, was one of the five TV properties included in the transaction for which Bannon was offered a portion of the profits. He receives a residual payment each time those shows are broadcast.

Seinfeld has a cult following, has brought in billions of dollars in income, and has made Jerry Seinfeld, the main character, a very wealthy guy. It is uncertain how much money Steve Bannon makes from this revenue-sharing arrangement.

In 1998, he sold Bannon & Co., and since then, he has held positions in several businesses, with variable degrees of success.

After working for a while at Andrew Breitbart’s right-leaning political news website, Breitbart, Bannon became an advisor to former President Donald Trump at the White House, where his abrasive demeanor won him few allies before he resigned in 2017.

For GTV Media Group, Inc., Bannon and the billionaire Chinese exile, Miles Guo raised $300 million in a private offering in 2020. The corporation has Bannon listed as an advisor. When “some investors began demanding refunds after they claimed they never got formal documents authenticating their investments in GTV Media,” the FBI and SEC opened an investigation into the company in August of that year.

The Manhattan district attorney’s office accused Bannon of being “the architect of a multi-million dollar plan to deceive thousands of donors across the country” in 2022. These donors had given money to We Build the Wall, a group that aimed to construct portions of the US-Mexico border wall.

It is suspected that some contributed money was paid to Bannon notwithstanding the public statement that donations were for the wall’s construction. His defense was not guilty.

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How Has Steve Bannon spent His Wealth?

Steve Bannon reportedly paid $1.55 million for a 4,865 square foot, four bedroom, six bathroom property in Oro Valley, Tucson, Arizona, in 2022.

Although media reports about him looking for a loan at the beginning of 2022 suggest that he may have cash flow issues, it doesn’t seem like he is a huge spender.

Final Lines

As of 2020, it is thought that he is worth USD 60 million. Steve Bannon was born in the U.S. city of Norfolk on November 27, 1953. He is an American media executive, political strategist, former investment banker, and former executive chairman of Breitbart News.

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