Steve Bannon net worth has been a subject of curiosity for many, especially given his varied career in media, politics, and business.
Steve Bannon has earned his wealth through multiple sources, including investments, political consulting, and his surprising stake in Seinfeld royalties.
I’m Andomoney, and today, I’ll provide an in-depth look into how Bannon accumulated his fortune and the financial moves that continue to shape his net worth in 2024.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Stephen Kevin Bannon |
| Popular Name | Steve Bannon |
| Gender | Male |
| Birth Date | November 27, 1953 |
| Age | 70 |
| Parents | Doris Herr, Martin J. Bannon Jr. |
| Siblings | N/A |
| Birthplace | Norfolk, Virginia, U.S. |
| Nationality | American |
| Ethnicity | Irish, partial German |
| Education | Virginia Tech, Georgetown University, Harvard Business School, Benedictine College Preparatory, Walsh School of Foreign Service |
| Marital Status | Divorced |
| Spouse | Diane Clohesy (m. 2006–2009), Mary Louise Piccard (m. 1995–1997) |
| Children | 3 daughters (Maureen Bannon, Emily Piccard, Grace Piccard) |
| Dating | N/A |
| Net Worth | $20 million |
| Source of Wealth | Media, consulting, investments |
| Height | N/A |
What is the Net Worth Of Steve Bannon in 2024?
As of 2024, Steve Bannon’s net worth is estimated to be around $20 million. His wealth primarily stems from his involvement in media, political consulting, and unexpected sources like Seinfeld royalties.
Compared to other figures in similar roles, his net worth places him among the prominent players, though not at the highest tier.
For example, his political counterpart Donald Trump far exceeds him in net worth. However, his income sources are diverse, allowing him to remain financially secure despite legal and political challenges.
Here are some individuals whose net worths are related to Bannon’s through partnerships or roles in similar sectors:
- Donald Trump
- Andrew Breitbart
- Cambridge Analytica executives
- Rebekah Mercer
- Paul Manafort
- Sean Hannity
- Roger Stone
- Stephen Miller
- Milo Yiannopoulos
For a comprehensive list of the most financially influential political figures, check out this page.
Steve Bannon Salary and Finance Overview
Income from Seinfeld Syndication Royalties
One of the most surprising aspects of Steve Bannon’s financial journey is his stake in the syndication royalties of Seinfeld. This came through a business deal he negotiated while working in media investment.
His 1% stake in Seinfeld royalties has provided him with approximately $33 million over the years. These dividends have been a consistent source of passive income for Bannon, adding a significant chunk to his net worth.
Bannon Strategic Advisors and Consulting Earnings
Bannon’s consulting firm, Bannon Strategic Advisors, has been another major financial contributor. The firm, valued between $5 million and $25 million, handles political and media consulting, providing advice to far-right political movements across the globe.
His work in this firm, especially in supporting populist movements in Europe, has sustained his income after his departure from the White House.
Additionally, during his tenure as a political strategist for Donald Trump, Bannon was well-compensated.
Even though his time in the White House was brief, his role as Chief Strategist cemented his place in political consulting, which remains a lucrative part of his career.
Hollywood Ventures and Media Production
Before entering the political arena, Steve Bannon had a notable career in Hollywood. He produced films like The Indian Runner and Titus, generating additional income during his years in the media.
While not his largest financial success, his time in media production contributed to his financial growth. It also helped him build connections in the entertainment world, leading to his strategic involvement in the Breitbart empire.
Real Estate Investments
Beyond media and politics, Bannon’s real estate holdings have added another layer to his wealth. As of his 2016 financial disclosure, Bannon reported real estate rental properties valued at up to $10.5 million.
These properties, while not Bannon’s primary income source, provide a steady flow of rental income and increase in value over time, contributing to his overall financial stability.
Breitbart News and Political Influence
Breitbart News was a critical turning point in his career. As the executive chairman, he oversaw its growth into one of the most controversial right-wing platforms in the U.S. This role not only brought him political influence but also solidified his media presence.
Through advertising revenue and donations, Breitbart became a significant part of Bannon’s income stream until his eventual departure in 2018.
His connection to Andrew Breitbart and leadership role at the company were crucial in shaping his political and financial legacy.
Cambridge Analytica and Legal Challenges
Steve Bannon’s involvement with Cambridge Analytica also played a part in his financial history. Though Cambridge Analytica ended in controversy due to illegal data practices, Bannon earned a significant sum during his time on the board.
However, legal challenges—including his 2020 arrest related to We Build the Wall and subsequent charges—put a temporary strain on his finances.
Nevertheless, his Trump pardon alleviated many of these legal burdens, allowing him to retain much of his wealth.
FAQs About Steve Bannon
How did he start his career in politics?
He transitioned to politics after his career in media, becoming the Chief Strategist for Donald Trump during the 2016 presidential campaign.
What role did he play at Breitbart News?
He was the executive chairman of Breitbart News, where he led the platform’s growth and influenced far-right politics.
What were Steve Bannon’s biggest legal challenges?
Bannon faced charges related to fraud and money laundering, specifically from his involvement in the We Build the Wall campaign. He was pardoned by Donald Trump.
What businesses has he invested in?
Bannon’s notable business ventures include Bannon Strategic Advisors and his real estate holdings.
What is his connection to Cambridge Analytica?
Bannon was a vice president on the board of Cambridge Analytica, playing a key role in its controversial political campaigns.
How many children does Steve Bannon have?
He has three children.
Conclusion
I hope you found this deep dive into Steve Bannon’s financial journey informative. Feel free to explore more content or leave comments on our website at andomoney.com.
