Paul Bilzerian Net Worth
Corporate takeover specialist and investor Paul Bilzerian became infamous after his lawsuit for securities and tax laws violations. His net worth peaked at approximately $81 million. He filed for bankruptcy twice, in 1991 and 2001. In those years his debt astronomically surpassed his assets.
Bilzerian amassed quite a fortune especially thanks to his real estate investments. His further enterprises were mostly high-profile takeover attempts. He succeeded even in some of them that appeared to be really hard to do. However, some of his ventures got him attention of SEC. Due to the size of the fines that he had to pay, Bilzerian announced the first of his bankruptcies in 1991.
He filed for bankruptcy for the second time in 2001 but according to Florida Bankruptcy Law his primary real estate property was safe from creditors demands. Some of his creditors felt he might be using declaration of bankruptcy as a tool to prevent them exact determination of his net worth.
Paul was born 1950 in Miami, Florida. He holds Bachelor of Arts degree from Stanford University. Bilzerian married his girlfriend Terri Steffen in 1978. His two sons, Dan and Adam, are also quite famous. Dan is a professional poker player and television star.
