Steven Hoffenberg Net Worth
The net worth of Steven Hoffenberg is unknown. He was an early supporter of Donald Trump but later withdrew his support. He became a born-again Christian while in prison. His estate is valued at $5 million. As of his death, he was married to Maria Santiago. He had a daughter from a previous marriage.
Steven Hoffenberg is a former businessman and con artist. He was the president and CEO of Towers Financial Corporation, a Ponzi scheme that stole nearly $460 million from over 200,000 investors. He also owned the New York Post for a short period of time and had a personal relationship with Donald Trump. Eventually, he was charged with fraud and was forced to pay back $460 million to investors.
Hoffenberg was born in Brooklyn and founded Towers Financial Corporation in the early 1970s. The company began as a debt collection agency and eventually acquired several insurance companies. He then met Jeffrey Epstein, a business partner at Towers, and the two went on to defraud investors.
Epstein left the company just before it went bankrupt, but Hoffenberg later said that he was the “architect” of the scam.
Steven Hoffenberg married Maria Santiago in July of 2014 and the couple has been married for 12 years. They have a daughter named Haley Hasho. Maria Santiago is also part of his net worth. She worked at various places before tying the knot with Steven Hoffenberg in 2014. After their marriage, she took care of her husband and their daughter.
Steven Hoffenberg’s net worth is $5 million. The businessman was a prominent American Businessman. His net worth was estimated to be around $5 million in the year 2022. His family does not know how many children he had. He is Jewish and American.
The late American businessman died in his Derby, Connecticut, home on August 23, 2022. He was 77 years old at the time of his death. His death was caused by his suicide. He was involved in several scams, including Towers Financial Corporation, which turned out to be a Ponzi scheme.
In the years leading up to his death, Hoffenberg financed the training of his daughter. He also purchased two life insurance companies.
His death came as a shock to the family. He was found dead in his Derby, Connecticut, apartment. His body had been decomposed for about a week. His family had been contacted after the discovery of the body. Police had not been able to identify the body, as it was already in a state of advanced decomposition. To date, toxicology results have not been released.
Hoffenberg had several assets, including a Long Island mansion and a Manhattan townhouse on Sutton Place. He also had a chauffeur-driven limo on standby. Among his other ventures, he attempted to buy the airline Pan American World Airways in 1987, but failed.
Hoffenberg briefly owned the New York Post in 1993 and saved the newspaper from bankruptcy, but he subsequently dissolved it. He also started a women’s-focused newspaper called Her New York. However, it folded in early 1994 as the Securities and Exchange Commission shut down.
SOURCE: www.ghnewslive.com
