Paul John Manafort Jr. is a well-known American political consultant, lobbyist and a lawyer. He was part of the Donald Trump’s presidential campaign team in the year 2016 on March. He served as the campaign chairman until the year 2016. In the year 2018, that was when he was convicted of five charges of tax fraud and bank fraud as well as the failure to report the foreign bank accounts. Keep on reading to learn more on the net worth and earnings of Paul Manafort in 2018.
Early Life & Biography
Manafort was born in the year 1949 on April 1st in New Britain, Connecticut. The parents were Antoinette Mary and Paul John Manafort Sr. and the grandparents came to the United States from Italy in the 20th Century, and after the migration, they settled in Connecticut.
He created a construction company by the name New Britain House Wrecking Company, and it was founded in the year 1919. The father worked in the United States and also served as mayor of New Britain from the year 1965 to the year 1971. The father got to be indicted in a certain corruption scandal in the year 1981 and was not convicted. In the year 1967 Manafort graduated from the renowned St. Thomas Aquinas High School. He attended Georgetown University and graduated with a B.S in administration in the year 1971.
Manafort got married to a beautiful woman that was named Kathleen Bond Manafort since the year 1978. She was a lawyer and also an alumna of the George Washington University, and the couple has been blessed with two daughters.
Career, Awards & Nominations
At the beginning of his career, he began by working in law with firms like Vorys and Sater. A few years later, that was when he decided to quit the law to concentrate on various political activities fully. Paul would then become President of the Ford Committee and was also a delegate coordinator by 1976 and by this time, he was working under James A Baker III.
In the year 1978, he rose to become the coordinator of the Ronald Reagan Campaign manager for the presidential system. In 1998, Paul landed his breakthrough when he had an opportunity of becoming an advisor of President George H.W Bush. He became the advisor of Bob Dole in the year 1996.
In 2016, that was when he was appointed as the campaign manager for Mr. Donald Trump, and during this time, he was working ensuring that he delivers all the duties that he was required to fulfill. Meanwhile, he has influenced and also lobbied various clients from other countries Nigeria and Philippines.
In 1995, Paul together with his partners such as Rick Davis and they named the company ‘Davis Manafort.’ This firm was also heavily involved in the lobbying cases for a long period. In the year 2011, Paul Manafort he launched another firm that was known as ‘DMP International.’
Net Worth & Earnings
The net worth of Paul Manafort is estimated to be over $35 million. This wealth has been generated from the many companies that he runs which have helped to increase his net worth. In many instances, he has been accused of money laundering, conspiracy, and forgery. His fortune has largely come from illegal activities.
As a result of the controversy and the counterfeit activities, he became very popular. The investigation that was carried out by FBI shows that he was involved in various illegal activities. He has been arrested and currently, he is in custody. He has been involved in very many campaigns, and his skills can never be questioned.