Stephen Kevin Bannon, a controversial figure in American politics and media, has made a significant impact on the political landscape. With a net worth of $20 million, Bannon’s career spans various sectors, including entertainment, finance, and politics.
Table of Contents
Who is Steve Bannon?
Born on November 27, 1953, in Norfolk, Virginia, Steve Bannon is an American media executive, political strategist, and former investment banker. He is widely known for his role as the White House’s chief strategist during the first seven months of President Donald Trump’s term and as the former executive chairman of Breitbart News.
Steve Bannon’s Age
As of 2023, Steve Bannon is 70 years old.
Education and Early Life
Bannon grew up in a working-class, pro-Kennedy, pro-union Democrat family. He graduated from Benedictine College Preparatory in 1971 and earned a bachelor’s degree in urban planning from Virginia Tech College of Architecture and Urban Studies in 1976. Bannon also holds a master’s degree in national security studies from Georgetown University School of Foreign Service and an MBA from Harvard Business School.
Steve Bannon Net Worth
Steve Bannon’s net worth stands at $20 million, accumulated through his diverse career in entertainment, media, and political consulting.
- related: El Chapo Net Worth: The Financial Empire of a Notorious Kingpin
- related; Ryan Tedder Net Worth: Composing a Fortune in Music
- related: James Woods Net Worth: A Veteran Actor’s Wealth Unveiled
Career in Entertainment and Media
In the 1990s, Bannon ventured into entertainment, producing 18 films, including “The Indian Runner” and “Titus.” He later became involved in conservative media, producing documentaries like “In the Face of Evil.” His association with Breitbart News and Cambridge Analytica further solidified his position in conservative media circles.
Pivot into Media and Investing
After serving in the military, Bannon worked in investment banking at Goldman Sachs. In 1990, he co-founded Bannon & Co., a boutique investment bank specializing in media. His firm was involved in the sale of Castle Rock Entertainment to Turner Broadcasting System, which resulted in Bannon acquiring a stake in the TV show “Seinfeld,” contributing significantly to his wealth.
Earth Science
Bannon briefly served as the acting director of Biosphere 2, a research project focused on earth science, particularly environmental and climate studies.
Legal Issues
Bannon’s legal troubles include his arrest in August 2020 on charges related to the “We Build the Wall” charity, where he was accused of misusing funds for personal expenses. In September 2021, Bannon was held in criminal contempt of Congress for defying a subpoena from the US House Select Committee investigating the January 6 Capitol attack.
Personal Life
Steve Bannon’s personal life has been as turbulent as his professional one. He has faced legal challenges and has been a polarizing figure in American politics and media.
Conclusion
Steve Bannon’s life story is marked by significant pivots and controversies. From investment banking to Hollywood and then to the highest echelons of political strategy, his journey is a complex tapestry of ambition, controversy, and influence.
FAQs about Steve Bannon
- What is Steve Bannon’s net worth?
- Steve Bannon has a net worth of $20 million.
- What is Bannon known for in politics?
- He is best known for serving as the chief strategist to Donald Trump during Trump’s Presidential term.
- What was Bannon’s role in the media?
- He was the executive chairman of Breitbart News and served on the board of Cambridge Analytica.
- What legal issues has Bannon faced?
- Bannon was arrested in 2020 for alleged fraud related to the “We Build the Wall” charity and held in contempt of Congress in 2021.
- How did Bannon earn from ‘Seinfeld’?
- Bannon negotiated a deal in 1993 that granted him an estimated 1% of the syndication profits from “Seinfeld,” amounting to approximately $33 million over two decades.
