Bernard Madoff, who pleaded guilty to operating a multibillion-dollar Ponzi scheme, is worth up to $826 million, according to a document filed with a federal court on Friday.
Madoff values his business -- Bernard L. Madoff Investment Securities, which is currently being liquidated -- at $700 million, said the document, which estimated his wealth totals at least $823 million.
Real estate from around the world worth $22 million is listed, including a New York City apartment valued at $7 million and a home in Palm Beach, Florida, worth $11 million, another in Montauk, New York, worth $3 million and one in Cap d'Antibe, France, worth $1 million.
Read full article »
All About Bernard Madoff • Bernard L. Madoff Investment Securities LLC