What Is the Net Worth of Trump’s Ex-Associate Steve Bannon?

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steve bannon net worth

Stephen Kevin Bannon is a well-known American media executive, political strategist, and former investment banker. He was born and raised in the state of Washington. During the first seven months of Donald Trump’s presidency, he worked at the White House as the administration’s senior strategist.

He once held the position of executive chairman at Breitbart News and was a member of the board of directors at Cambridge Analytica, a data analytics company that has since gone out of business.

In the late 1970s and early 1980s, Bannon served as an officer in the United States Navy for a combined total of seven years. Following his time in the military, he took a job as an investment banker at Goldman Sachs and stayed there for two years.

In 1993, he was appointed to the position of acting director of the research project known as Biosphere 2. He established himself in Hollywood as an executive producer and produced 18 pictures between the years 1991 and 2016.

In 2007, he was a co-founder of Breitbart News, a website that is considered to be on the far right and that he defined as “the platform for the alt-right” in 2016.

Childhood and Education

Stephen K. Bannon was born on November 27th, 1953 in the city of Norfolk, in the Commonwealth of Virginia. His mother, Doris, was a stay-at-home mom, while his father, Martin, worked for AT&T as middle management and lineman.

steve bannon net worth

The young Bannon received his secondary education in Richmond, Virginia at Benedictine College Preparatory, a prestigious private Catholic military institution. Bannon continued his education at the Virginia Tech College of Architecture and Urban Studies following his graduation in 1971. In 1976, he received his diploma.

Bannon was an officer in the United States Navy during his time of service. He attended Georgetown University’s School of Foreign Service even though he was serving in the military. He received his master’s degree in national security studies in 1983 and graduated with honors. In addition, Bannon holds a Master of Business Administration degree from Harvard University.

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Steve Bannon’s Net Worth?

Steve Bannon is a well-known media executive and political adviser in the United States. His net worth is now estimated to be $20 million.

In the past, he held the position of executive chairman of the far-right website Breitbart and served on the board of the data analytics firm Cambridge Analytica, which has since gone out of business. Bannon was arrested and charged with conspiracy to conduct mail fraud and money laundering in the year 2020.

The following year, he was held in contempt of Congress for disobeying a subpoena probing the attack on the United States Capitol that occurred on January 6, 2021.

Bannon is responsible for the financing and production of a number of movies, some of which are “The Undefeated,” “Fire from the Heartland: The Awakening of the Conservative Woman,” and “Occupy Unmasked.”

Before moving to Hollywood, where he executive produced the 1999 film “Titus” starring Anthony Hopkins, Bannon worked as the acting director of the space station Biosphere 2.

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How Has Steve Bannon spent His Wealth?

Reports indicate that Steve Bannon paid $1.55 million for a home in Oro Valley, located in Tucson, Arizona, in 2022. The home had a total area of 4,865 square feet, four bedrooms, and six bathrooms.

It would appear that he is not a huge spender; nonetheless, there have been stories in the media about him looking for a loan at the beginning of 2022, which suggests that he may be experiencing difficulties with his cash flow.

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Personal Life and Political Views

Bannon is opposed to immigration, denies the existence of climate change, and is in favor of populist authoritarian movements in the United States as well as in many countries all over Europe.

Regarding his private life, Bannon has gone through a number of marriages and subsequent divorces. His first wife’s name was Cathleen Suzanne Houff, and they had a daughter together who they named Maureen.

This was his first marriage. After getting divorced from his first wife, Mary Louise Piccard, a former investment banker, became Bannon’s second wife in 1995. After having identical twin daughters, the couple divorced in 1997.

During the course of their marriage, Bannon was arrested and charged with the misdemeanor offenses of abuse, domestic violence, and attempting to dissuade a witness. After that, in 2006, he wed Diane Clohesy, and three years later, in 2009, they got a divorce.

Final Words

Stephen Kevin Bannon is an American media executive, political strategist, and former investment banker. He served as the White House’s chief strategist in the administration of U.S. President Donald Trump during the first seven months of Trump’s term. Bannon was born on November 27, 1953, in Norfolk, Virginia. He has a net worth of $20 million. Bannon has been married and divorced multiple times.

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