Ivan Boesky, a former American stock trader, became infamous for his role in an insider trading controversy that occurred in the United States during the mid-1980s. He had to serve 22 months in prison and pay back $100 million as compensation. He even agreed on the settlement for a divorce with his wife.
Quick Facts
Birth Name | Ivan Frederick Boesky | |
Birth Date | March 6, 1937 | |
Age | 81 | |
Birth Place | Detroit, Michigan | |
Nationality | American | |
Ethnicity | Russian | |
Wife | Seema Silberstein (ex) | |
Children | Four | |
Parents | William Boesky and Helen Boesky | |
Siblings | Suzanne Davis | |
Net Worth | N/A |
Ivan Boesky Net Worth:
He started his first business focusing on corporate takeovers. His wife’s family lent him almost $700,000 to start the company “Ivan F. Boesky & Company” in the year 1975. He earned a great success of over $200 million by betting on corporate plans. However, the victory was short-lived because he was convicted of inside trading and was sent to jail for 22 months.
He had to pay $100 million as compensation too. His wife gave him $23 million and a house in La Jolla for the divorce settlement. Since then, he prefers to live a solitary life. Not much is known about his current living standards. His current net worth is also unknown.
Ivan Boesky Wife: Seema Silberstein
He married Seema Silberstein in 1962. His now ex-wife, Seema is the daughter of the Detroit real estate magnate. Her family helped him to launch his own company called “Ivan F. Boesky & Company” in 1975.
However, their 16-year-long marriage ended with a divorce in 1991. His wife, Seema gave him $23 million and a house in La Jolla where he still lives. His ex-wife, Seema lives on the Bedford estate. The ex-pair shares four children.
Short Wiki-like Bio
Ivan Frederick Boesky was born on 6th March 1937 in Detroit, Michigan to a Jewish family. His parents William Boesky and Helen Boesky were from Russia. He has a sister named, Suzanne Davis. His zodiac sign is Pisces.
Ivan went to Cranbrook School and graduated from Detroit’s Mumford High School. He attended different courses at Wayne State University, Eastern Michigan University, and the University of Michigan. Though he lacked an undergraduate degree, he got admission on Detroit College of Law and graduated in 1965. He was an Adjunct Professor at the Graduate School of Business of Colombia University and New York University’s Graduate School of Business.