Originally posted on November 8, 2020 @ 7:18 am
Peter Schiff is an American stockbroker, media personality, businessman, commentator, and author. He is the CEO of the stock brokerage firm, Euro Pacific Capital.
Peter gained international recognition for predicting the 2008 financial crash and housing crisis, almost to a tee. Moreover, he is also known for being a financial commentator on channels like Bloomberg, Fox News, and CNBC.
Additionally, Schiff also hosts his own radio show called The Peter Schiff Show. Moreover, Peter is a 6-time published author. One of his most successful books is his 2007 Crash Proof: How to Profit From the Coming Economic Collapse.
Read the rest of our article to find out more about Peter Schiff’s net worth and lifestyle details.
Net Worth and Income Sources.
Peter Schiff is a successful businessman with a lot of knowledge about finance. Subsequently, he has built a profitable business and career which has earned him millions of dollars.
Peter Schiff is estimated to have a net worth of $70 million.
His income comes from the profit and the salary he earns from his firm, Euro Pacific Capital. For instance, between 2008 and 2010, he earned $17 million as his salary on the firm and about $6.34 million in dividends, capital, and interest. Moreover, he earns a lot of money from his various television jobs and also his radio show.
Houses, Cars, Properties, and Lifestyle.
Peter Schiff is living a luxurious life thanks to a flourishing career and a large net worth to boot. He lives in a luxurious mansion in Connecticut with his lovely wife and two kids.
Moreover, Peter has great taste in cars. He drives around in luxurious cars fit for royalty.
Peter Schiff started his career in the early 90s as a stockbroker. He quickly gained a lot of knowledge and experience in trading. In 1996 he and his business partner acquired a brokerage firm that was not operating.
They renamed it Euro Pacific Capital. The firm operated in Los Angeles, California until 2005 when they moved it to Darien, Connecticut. The duo would then move it again to its present headquarters in Westport, Connecticut.
Moreover, Peter founded a full reserve bank named Euro Pacific Bank that operates in the Granadines and St. Vincent. Peter also owns the Euro Pacific Asset Management, and Schiff Gold that deals in precious metals.
Besides investing in various ventures, Peter is also a financial commentator. He appears on various networks like Fox News, CNBC, and Bloomberg TV as aforementioned.
Moreover, he has authored six books with some featuring on the New York Times bestseller list. Peter also hosts his own radio show, The Peter Schiff Show, over the internet.