Ruth Madoff: Wiki, Bio, Age, Husband, Family, Birthplace, Net Worth, and details: Ruth is the widow of Bernie Madoff, the convicted American financial fraudster who served a prison sentence for a criminal financial scheme until his death in April 2021. After her husband’s arrest for his fraud, she and her husband attempted suicide in 2008. While she had $70 million in assets in her name after her husband was sentenced she was stripped of all of her money other than $1–2 million, by the government and by the trustee for her husband’s firm, Irving Picard.
Ruth Madoff Early Life and Education
Madoff was born in Queens, New York, to Saul and Sara (Presser) Alpern and raised in middle-class Laurelton, Queens. She was born in a practicing Jewish family. She has one sister, Joan Roman.
Ruth is a graduate of Far Rockaway High School. She is a 1961 graduate of Queens College with a degree in Psychology, she graduated from New Tork University with a Master of Science degree in nutrition in 1992.
Ruth Madoff Earnings and Net Worth
According to a March 13, 2009 filing by Madoff, he and his wife were worth up to $138 million. Pus an estimated $700 million for the value of his business interest in Bernard L. Madoff Investment Securities LLC.
In May 2019, 77-year-old Ruth Madoff agreed to pay $594,000 and to surrender her remaining assets when she dies, to settle claims by the court-appointed trustee Picard liquidating her husband’s firm for former customers. Picard had sued Ruth Madoff for $44.8 million, saying she had lived a “life of splendor” on the gains from the fraud committed by her husband, but settled for less, given her limited assets.
Ruth Madoff Family and Personal Life
On November 28, 1959, at age 18, she married Bernard Madoff. Whom she had met while attending Far Rockaway High School. He was three years older than Ruth
They had two sons, Mark (1964 – December 11, 2010), a 1986 graduate of the University of Michigan, and Andrew (April 8, 1966 – September 3, 2014), a 1988 graduate of University of Pennsylvania’s Wharton’s School. Both of her sons predeceased her: Mark, by suicide, in 2010, and Andrew, from lymphoma, in 2014. On the morning of December 11, 2010 — exactly two years after his father’s arrest — Mark was found dead in his New York City apartment. The city medical examiner ruled the cause of death as suicide by hanging.
Here is the full bio of Ruth Madoff her age, birthday, husband, family, children, grandchildren, fraud, company, assets, earnings, net worth, death, and details.
|Real Name||Ruth Madoff|
|Born||18 May 1941|
|Children||Mark and Andrew|
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