Felix Sater Net Worth: Is He A Multi Millionaire? How Did He Get His Money?
Felix Sater has become a world-famous name over the last few months because of his murky connections, including a connection to Donald Trump.
Sater has been involved in many different types of dealings, with both Russian and American business partners, but his most notable connections are with the Trump family and Vladimir Putin.
So what is Felix Sater net worth?
Who is Felix Sater?
Felix Sater was born in Moscow and moved to Israel when young.
He attended Pace University but dropped out before getting a job at Bear Stearns. He got involved in real estate and became connected with several wealthy developers from Europe and Asia.
Before the 2008 crash, Sater became involved with a Russian oligarch who was one of the wealthiest men in the world because of his real estate fortune and his connections.
His connections to Trump date back over a decade, and he was involved in the construction of the Trump SoHo hotel in the mid 2000s as a managing director of Bayrock group.
At Bayrock, Sater worked for a man named Tevfik Arif, who is another ultra-wealthy Russian. He was alleged to have been involved in human trafficking, and it is unknown where he lives currently.
Sater was involved in the construction of hundreds of millions of dollars worth of hotels, including multiple in Florida, and one in London.
Felix Sater Salary and Earnings
Over time, Felix Sater was involved in many money making ventures. Aside from the real estate developments, he was convicted of fraud in a $40 million penny stock scheme, and he was alleged to have some involvement in a money laundering operation.
Early in his life, according to multiple reports, he was making plenty of cash, and bought luxury cars and expensive clothes. However that ended after the penny stock scheme was exposed.
He recently bought a foreclosed insane asylum for $1.2 million. And he gave more than $10,000 to Trump’s campaign.
Felix Sater lives in Port Washington NY with his wife Viktoria. Their main home appears to have been purchased for $1.75 million in the early 2000s.
Felix Sater Net Worth
It’s impossible to get a full picture of the assets that Felix Sater owns. There is reason to believe that Sater may have hundreds of millions in assets scattered across the world.
Given the information that is available, however, we estimate Felix Sater net worth at $15 million to $25 million.
