Ruth Madoff was the director of Bernard L. Madoff Investment Securities and also the wife of Bernie Madoff, financial fraudster of America. Madoff has been appeared in the television series by Blythe Danner in 2016 and also presented in the movie ‘The Wizard of Lies’ which was telecasted on HBO. She has received Oscar Award for her performance in the movie Blue Jasmine. Keep reading to know more about the net worth of Ruth Madoff in 2020.
Early Life & Biography:
Ruth Madoff was born on May 18, 1941, in Queens, New York and belongs to the Jewish family. She was graduated from Far Rockaway High school and later appeared for the Queens College in 1961. Later, she also attended New York University to get the degree of Master of Science degree in nutrition.
Madoff was married to Bernard who was her classmate in Far Rockaway High School. She also worked for him as a bookkeeper and having two sons Andrew and Mark. Andrew was a cancer patient and died in 2014 whereas Mark died while hanging himself after his dad’s fraud case in 2010.
Career, Awards & Nominations:
Ruth was involved in the business of her spouses and has collected an estimated worth of $138 million. The interest of her business has been calculated as $700 million in Bernard L. Madoff investment securities LLC. They also have a huge collection of assets includes Cash of $17 million, Securities of $12 million, Jewelry of $2.6 million, Palm Beach home of $11 million and also apartment of $7 million. While working as a bookkeeper, she was offered for $2.5 million for runs all the books. She also attempted suicide along with her husband after getting exposed for the fraud case and consume a huge amount of pills in 2008.
After her husband caught, almost the assets of the family have been seized by the government, and later she lived with her son in Connecticut. She also lived with her sister after that incident for two years in Florida. After the death of her son Andrew, she was moved to the condo-complex in Old Greenwich.
Madoff was once used by the Cate Blanchett to gives her performance in Blue Jasmine which becomes the most inspirational and considered an Oscar-winning performance. After, she appeared in the inspiring movie ‘The Wizard of Lies’ which was based on the best selling book of Diana B. Henriques. She was also portrayed by Blythe Danner in ABC miniseries Madoff in the year 2016.
Net Worth & Earnings:
Ruth Madoff is an American businesswoman who has estimated net worth of $1 million. Her earning has been considered from the appearances in several series along with her business work. She didn’t have any of the previously earned property as most of the assets have been seized by the government for the fraud cases against her spouses.
Madoff is famous as the wife of financial fraudster Bernie. She also served for the fraud company of her husband Bernard L. Madoff as a director. Both of her sons have died after the incident in which Mark died by attempting suicide whereas Andrew died with Cancer. Later, she became the inspiring lady and appeared so many times to reveal her story in front of the people.