Steve Bannon Net Worth 2022: Earnings, Career, and Finances

Steve Bannon Net Worth: Stephen Kevin Bannon is an American media executive, former investment banker, and political strategist. During the first seven months of Donald Trump’s presidency, he was the White House’s top strategist. He previously held the position of executive chairman of Breitbart News and was a board member of the now-defunct data-analytics company Cambridge Analytica.

After his military duty, he spent two years as an investment banker at Goldman Sachs. In 1993, he was appointed acting director of the Biosphere 2 research project. Between 1991 and 2016, he worked as an executive producer in Hollywood and produced 18 films. If you are interested to know about Steve Bannon net worth then read the full article carefully. 

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Steve Bannon Net Worth 2022: 

American media executive and political consultant Steve Bannon net worth is $20 million. Steve Bannon is most recognized for working as Donald Trump’s top strategist during the first seven months of Trump’s presidency. Bannon was arrested in 2020 and charged with conspiracy to conduct mail fraud and money laundering. The following year, he was held in contempt of Congress for refusing to comply with a subpoena probing the attack on the US Capitol on January 6, 2021.

Bannon has produced and financed a number of films, including “The Undefeated,” “Fire from the Heartland: The Awakening of the Conservative Woman,” and “Occupy Unmasked.” Bannon served as the interim director of Biosphere 2 before moving to Hollywood and producing the 1999 film “Titus” by Anthony Hopkin.

Steve Bannon Net Worth Growth:

How Steve Bannon Net Worth Became $20 Million:

A financial report from April 2017 showed that Steve Bannon made a lot of money in 2016 as a consultant for different conservative media groups. The disclosure also showed that his consulting firm, Bannon Strategic Advisors Inc., was worth between $5 million and $25 million and that he had bank accounts with up to $2.25 million and rental property worth up to $10.5 million.

In 1993, Bannon made a deal to get about 1 percent of the profits from reruns of the TV show “Seinfeld.” This is perhaps the most interesting thing about him. In 1995, Seinfeld was sold for the first time and shown in other places. Over the next 20+ years, Bannon’s 1 percent stake in the company would pay him dividends worth about $33 million.

Steve Bannon Early Life & Education

Stephen Kevin Bannon was born on November 27, 1953, in Norfolk, Virginia. His mother, Doris, was a homemaker, and his father, Martin J. Bannon Jr., worked for AT&T as a telephone lineman and as a middle manager. Stephen’s paternal grandfather, Martin J. Bannon Sr., was a middle manager for AT&T. His ancestors hail from Ireland and Germany. A significant number of his mother’s relatives eventually made their home in the Baltimore region.

Bannon graduated in 1971 from Benedictine College Preparatory, a private, Catholic, military high school in Richmond, Virginia, and subsequently attended Virginia Tech, where he was president of the student government association.

Following his graduation from Virginia Tech, he served seven years as an officer in the United States Navy. In 1983, he got a master’s degree in national security studies from Georgetown University’s School of Foreign Service while serving in the Navy.  In 1985, Bannon attended Harvard Business School and received a Master of Business Administration degree with honors from that institution.

Steve Bannon Business career:

In 1987, he uprooted his life and relocated to Los Angeles to aid the company in establishing a stronger foothold in the entertainment sector of the economy. After another three years, Bannon and a few of his former coworkers decided to start their own business and call it Bannon & Co., a boutique investment bank. While he was still running the corporation, he took over leadership of the earth science research project Biosphere 2, which was based out of Oracle in the state of Arizona.

Bannon began his career in the entertainment and media industries in the 1990s, rising to the position of executive producer in the film and media industry in Hollywood. Bannon was the producer of eighteen films. In the years 2002–2003, Bannon joined Jeff Kwatinetz, a leader in the entertainment sector, as a partner in the management company for movies and television, The Firm, Inc.

In 2006, Bannon got Goldman Sachs to invest in the Internet Gaming Entertainment firm. Following a lawsuit, the company changed its name to Affinity Media, and Bannon assumed the position of CEO. From 2007 until 2011, Bannon served as chair and chief executive officer of Affinity Media.

Bannon served as vice president of the board of Cambridge Analytica, a data-analytics firm partly owned by the Mercer family, which also co-owns Breitbart News; the firm allegedly employed unlawful tactics to target American voters in the 2016 presidential election.

In 2017, Bannon established The Movement, a populist organization that frequently promotes right-wing populist groups in Europe that oppose the EU government and political system. The organization employs ten permanent employees.

On the list of the “25 Most Influential in Political News Media 2015” that was compiled by Mediaite, Bannon was placed at position number 19. Breitbart News is a website that features far-right news, opinion, and analysis. Bannon was one of the original board members of the company. After the passing of Breitbart News founder Andrew Breitbart in March 2012, Bannon assumed the role of executive chairman of Breitbart News LLC, the organization that is the parent corporation of Breitbart News. Read: Devin Haney Net worth

Steve Bannon political  career:

Bannon was appointed chief executive officer of Donald Trump’s presidential campaign in August of 2016. After the election of the latter, he became his top strategist and senior advisor. Bannon, along with Stephen Miller, was instrumental in the crafting of the bigoted executive order that limited US travel and immigration from numerous Muslim-majority nations. In April 2017, he was ultimately ousted from his position, leaving the White House permanently in August.

Following his departure from the White House, Bannon traveled to Europe to speak at various far-right political events in an effort to create a global network of fascist parties.

Bannon has attempted to defeat Republican incumbents in Congress whom he felt insufficiently supportive of Trump’s agenda. Despite Trump’s support for Luther Strange, Bannon was credited with helping Roy Moore defeat the incumbent senator in the Republican primary for the special Alabama Senate election in September 2017.

Steve Bannon Personal Life:

Bannon has been married three times and split up each time. He has three girls who are all adults. Cathleen Suzanne Houff was his first wife. In 1988, Bannon and Houff had a daughter named Maureen, and then they split up.

Mary Louise Piccard, who used to work as an investment banker, was Bannon’s second wife. They got married in April 1995. Three days after their wedding, they had twin girls. Piccard asked for their marriage to end in 1997.

Diane Clohesy was Bannon’s third wife. They got married in 2006 and split up in 2009.

Steve Bannon Social Media Bans:

Bannon demanded the beheadings of FBI Director Christopher Wray and the government’s top infectious diseases specialist Anthony Fauci during his webcast on November 5, 2020. By the end of the day, Twitter had permanently banned his account for glorifying violence, and Facebook and YouTube had removed the video from their services. Also disabled by Mailchimp was Bannon’s email newsletter. Must Check: Brock Lesnar Net Worth

Steve Bannon Contempt of Congress Conviction:

Bannon was issued a subpoena by the United States House Select Committee on the Attack of January 6 on September 23, 2021, with the instruction that he appear before the committee on October 14. After he failed to show up for the meeting, the House of Representatives voted to hold him in criminal contempt of Congress and to send him over to the Justice Department for further investigation.

A federal grand jury charged him with two counts of criminal contempt on November 12, 2021. One count was for not giving documents, and the other was for not testifying. The jury convicted Bannon guilty of both charges on July 22, 2022. The hearing for the sentence will happen on October 21, 2022.

Stephen Bannon purchased a 4,865-square-foot home on Jan. 31 for $1.55 million in Oro Valley, Arizona, United States.

Steve Bannon Lesser Known Facts: 

• Breitbart News is a website that is associated with the “alt-right,” and Bannon served as the executive chairman of the company.

• Bannon is one of the original founders of the Government Accountability Institute, also known as GAI. GAI is a nonprofit organization that conducts investigations on political figures.

• In Norfolk, Virginia, where he spent his childhood, his parents and grandparents were both Democrats.

• Bannon’s last place of employment was at the financial bank Goldman Sachs.

• His ex-wife has leveled the charge of anti-Semitism against him.

• During a short period of time, he served on the National Security Council.

• Since departing the White House, Bannon has given his backing to other candidates running against incumbent members of the GOP establishment.

General FAQ About Steve Bannon Net Worth: