Efraim Diveroli Net Worth: The Arms Dealer's Controversial Cash

Efraim Diveroli, a former American arms dealer who became infamous for his role in a major scandal involving the sale of arms to the U.S. government, has led a life filled with controversy, ambition, and legal battles. His story, which inspired the film “War Dogs,” highlights the complexities of international arms dealing and the thin line between legal and illegal activities in the industry.

Who is Efraim Diveroli?

Born on December 20, 1985, in Miami Beach, Florida, Diveroli grew up in a traditional Jewish family. From an early age, he showed an interest in the arms trade, which eventually led him to establish AEY Inc., a company that would become central to his career and controversies.

Early Life

Diveroli’s fascination with guns and the arms trade began in his teenage years. After being expelled from high school, he worked for his uncle in Los Angeles before returning to Miami to start his arms dealing business.

Career

At the helm of AEY Inc., Diveroli, alongside his high school friend David Packouz, secured a $300 million contract with the Pentagon to supply arms to allies in Afghanistan. This deal catapulted him into the spotlight, making him a millionaire by the age of 18.

Efraim Diveroli Net Worth

As of 2024, Efraim Diveroli’s net worth is estimated to be around $25 million, a fortune accumulated through his arms dealing business despite legal troubles and a prison sentence.

Legal Troubles and Prison Sentence

Diveroli’s empire began to crumble when AEY Inc. was accused of supplying banned Chinese ammunition to the Afghan forces, leading to his conviction for conspiracy and a four-year prison sentence.

Life After Prison

Upon his release from prison, Diveroli has kept a relatively low profile. He has ventured into writing, publishing a memoir titled “Once A Gun Runner,” detailing his experiences in the arms trade.

The Impact of “War Dogs”

Diveroli’s story was dramatized in the film “War Dogs,” starring Jonah Hill. The movie, while taking creative liberties, offers a glimpse into his rise and fall in the arms trade.

Diveroli Today

Post-conviction, Diveroli remains somewhat enigmatic, focusing on his career as an author and maintaining distance from the arms trade.

Conclusion

Efraim Diveroli’s journey from a young entrepreneur to a controversial figure in the arms trade encapsulates a narrative of ambition, risk, and the consequences of operating in a legally gray area. His legacy is a cautionary tale of the potential perils associated with the arms dealing industry.

FAQs about Efraim Diveroli

What was the nature of Efraim Diveroli’s business?
- Diveroli’s business, AEY Inc., dealt in arms and ammunition, securing a significant contract with the U.S. government to supply weapons to Afghanistan.
How did Efraim Diveroli become wealthy?
- Diveroli amassed his wealth through his arms dealing company, AEY Inc., notably securing a $300 million contract with the Pentagon.
What led to Efraim Diveroli’s legal troubles?
- Legal issues arose from AEY Inc.’s violation of a contract with the U.S. government by supplying banned Chinese ammunition to Afghan forces.
What is Efraim Diveroli doing now?
- After serving his prison sentence, Diveroli has ventured into writing, with his memoir “Once A Gun Runner” offering insight into his experiences.
How accurate is the film “War Dogs” in depicting Efraim Diveroli’s story?
- While “War Dogs” captures the essence of Diveroli’s arms dealing adventures, it takes creative liberties, blending fact with fiction for dramatic effect.