On Jan. 20, 2021, the final morning of his presidential term, Donald Trump issued “73 pardons and 70 commutations,” according to CNN. Usually, these presidential pardons are used to help people who are “serving lengthy sentences for low-level offenses.” However, Trump’s list included some controversial selections. Trump pardoned Lil Wayne, who seemingly endorsed Trump during his 2020 re-election campaign.
The ex-president also notably pardoned former chief strategist for the Trump admin, Steve Bannon. In August 2020, Bannon got arrested and was charged with defrauding people who donated to the “We Build the Wall” fundraising efforts, The New York Times reported. He pleaded not guilty to those claims. Bannon also allegedly might have played a role in sparking the Capitol riots on Jan. 6, 2021, Vice News reported.
Even at the very end of his presidential term, Trump managed to be rather polarizing with his pardons. One person tweeted, “Trump pardoned Steve Bannon, who was arrested for defrauding Trump’s OWN SUPPORTERS who donated to that Build the Wall scam. Trump pardoned a guy who scammed TRUMP VOTERS.” Another person echoed similar sentiments, tweeting, “In a final middle finger to his supporters, Trump has pardoned Steve Bannon for defrauding Trump donors.” Although Bannon denied defrauding Trump supporters, he has earned a lot of money on his own throughout the years — let’s take a look below at his financials.
Steve Bannon has many assets
According to IMDb, Steve Bannon has 18 producer credits for documentary films, and it’s possible that played a role in his sizable net worth. According to Celebrity Net Worth, that figure supposedly stands at $20 million. In addition to amassing that dough through making films and his other business ventures, he also works as a consultant for several conservative media organizations. He has his own consulting firm Bannon Strategic Advisors Inc, which was valued between $5 million and $25 million in a 2017 financial disclosure. Then there are his rental properties, which are “worth as much as $10.5 million.” He also earns 1% of the syndication profits from the classic sitcom Seinfeld, which gave him an estimated “$33 million in dividends.” Pretty random, huh?
However, it’s important to note Bannon’s net worth isn’t exactly clear. In 2017, Forbes estimated that his net worth ranged between $9.5 million and $48 million, according to financial disclosures, which is a pretty large range. In 2016, he earned $191,000 in salary for his role at Breitbart, an outlet he worked for from 2012 to 2016.
Although Bannon’s net worth is seemingly tough to pinpoint, even the smallest number that’s been mentioned is nothing to scoff at.
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