Paul Bilzerian specializes in corporate takeovers. He was convicted of tax evasion in the 1980s. He was sentenced to prison. He was ordered to return all of his profits. As a result, he filed for bankruptcy.
Quick Facts
| Celebrated Name: | Paul Bilzerian |
|---|---|
| Real Name/Full Name: | Paul Alec Bilzerian |
| Gender: | Male |
| Age: | 72 years old |
| Birth Date: | 7 December 1950 |
| Birth Place: | Miami, Florida, United States |
| Nationality: | American |
| Height: | 1.83 m |
| Weight: | 85 kg |
| Sexual Orientation: | Straight |
| Marital Status: | Married |
| Wife/Spouse (Name): | Terri Steffen (m. 1978) |
| Children: | Yes (Dan Bilzerian, Adam Bilzerian) |
| Dating/Girlfriend (Name): | N/A |
| Profession: | Businessman and Corporate takeover specialist |
| Net Worth in 2024: | $80 million |
| Last Updated: | October 2024 |
Paul Bilzerian Biography
Paul Bilzerian was born in the city of Miami. He was raised in Massachusetts. Paul is of Armenian descent. His father worked for the government. His parents divorced when he was a teenager. He identified himself as a “Juvenile Delinquent.” He was summoned to the principal’s office one day in school for violating the dress code by wearing blue jeans. He reacted by dropping out of school.
He enlisted in the army and performed admirably. During the Vietnam War, he was awarded the Bronze Star Medal, the Vietnamese Gallantry Cross, and the Army Commendation Medal. He attended Stanford University after returning from the war. He received a Bachelor of Arts degree. He then enrolled at Harvard Business School.
Paul Bilzerian Age, Height, Weight
Paul Bilzerian was born on December 7, 1950, He is 72 years old as of 2024. His height is 1.83 meters and his weight is 85 kilograms.
Career
His career began with an investment in WPLP, a radio station in Tampa. He made this investment with two Army colleagues who had prior experience in the broadcasting field. The radio station was not a huge success. He was quite successful in the real estate industry. Cluett Peabody & Company, a New York-based clothing manufacturer, was his first high-profile takeover.
His large takeovers prompted the SEC to investigate his transactions. The SEC announced in 1989 that it would file a civil suit against him, and they eventually forced him to disgorge the profits from his takeovers.
Paul Bilzerian Achievements and Awards
Paul Bilzerian has yet to receive any notable awards. Though he was imprisoned for a short time, this may change in the future.
Paul Bilzerian’s Net Worth in 2024
Paul Bilzerian’s net worth was $80 million as of February 2024. The majority of Paul’s wealth was obtained through unethical means. He had a falling out with the Securities and Exchange Commission. He had to pay $62 million in penalties for securities fraud. He spent 28 years attempting to prove his legal innocence. His son, the current member of his family, claimed to have made $50 million by playing poker.
In 2000, despite his repeated denials, he was sentenced to prison by a federal judge. His wife had to sell the Tampa mansion to free him. His son is currently a prominent member of the family. Dan Bilzerian is a well-known social media personality.
He is well-known for his videos depicting his playboy lifestyle. Adam and Dan are poker professionals. They are often referred to as the “Flying Bilzerian Brothers.” Adam also wrote a book.
Paul Bilzerian Wife, Marriage
In 1978, he married Terry Steffen, a Stanford classmate. Adam and Dan are their two sons. Paul is a prime example of adversity and failure. He and his family renounced their US citizenship. He now lives in exile on the Caribbean island of St Kitts. Those who have lived in Tampa Bay for a long time may recall corporate raider Paul Bilzerian.
He was the outlaw who amassed millions of dollars. He built a massive 10-bedroom mansion in Tampa’s Avila neighborhood. It had a basketball court inside.
