Who is Peter Schiff and what is net worth of him? Peter Schiff is an investment broker, radio personality, investor, and financial commentator. He is the founder of the global brokerage firm called ‘Euro Pacific Canada Inc.’ He serves as the CEO and chief of the company which has offices in Tokyo, Vancouver, Montreal, Ontario, Burlington and is headquartered in Toronto.
Schiff is also the founder of Euro Pacific Bank Ltd., Euro Pacific Asset Management, LLC, and SchiffGold. He is also the host of the show ‘The Peter Schiff Show’. Previously, he was the host of the internet podcast ‘Wall Street Unspun’. The estimated net worth of Peter Schiff is $80 million.
Peter David Schiff was born on March 23, 1963, in New Haven, Connecticut. He was born to parents Ellen and Irwin Schiff. His father was serving with the US Army at the time of World War II. His father was a tax protestor and died in prison when he was serving for tax evasion. When he was young, his parents divorced and he moved with his mother and brother to Southern California.
Schiff attended the Beverley Hills High School and then got his Bachelor of Science from the University of California in 1987. He has got a double major in accounting and finance. He was introduced to the Austrian School of economic thought by his father.
Peter Schiff married Lauren Schiff and lives in Puerto Rico with his family. He has got two children with her namely Preston and Spencer. In 2015, he has accused the Federal Bureau of Prisons of treating his father inhumanely which led to his death in the prison.
Peter Schiff started his career as a stockbroker in the early 90s. He acquired a brokerage firm in 1996 with a partner and renamed it ‘Euro Pacific Capital’. The firm was located in Los Angeles and was later relocated to Darien in 2005. His firm specializes in markets and securities on non-US. Schiff is also the founder of Euro Pacific Bank.
He has served as an economic advisor in the 2008 US presidential election to Ron Paul. He contested the Republican nomination in 2010 where he received campaign endorsements from Steve Forbes and Ron Paul. During the election, he came 3rd by securing 23% vote. It was won by Linda McMahon who got 49% vote share and was followed by Rob Simmons with 28% vote share.
In 2005, he became the host of the weekly radio show called ‘Wall Street Unspun’. The show used to feature discussions on the financial market. In October 2010, he started hosting ‘The Peter Schiff Show’ on the internet and radio. The show was on economic and current events and had many notable guests like Ron Paul, John McCain, Niall Ferguson, Rand Paul, and Dennis Kucinich.
In 2012, he became the host of a show on Radio America. He has been a frequent guest on the television show Boom Bust and has also worked as a commentator for FOX Business and CNBC.
Peter Schiff’s book ‘Cash Proof 2.0: How to Profit from the Economic Collapse’ has appeared on the bestsellers list of Wall Street Journal and New York Times. He was given the ‘Hustle bear Award’ in 2010 and was named as the ‘Man of the Year’.
Peter Schiff Net Worth
Peter Schiff has given several forecasts about the financial crisis. He has also given his opinions about minimum wage, taxation, Medicare, trade deficit, and Bitcoin. He has ventured into many financial businesses and has accumulated good wealth for himself. Peter Schiff’s net worth is an estimated $80 million.
This fortune comes from all the business he has associated with himself. This also comes by becoming the host of the radio show and also through his video blogger on YouTube. Apart from that, Schiff has also penned down six books in his career. He has also worked as a commentator and has served as economic advisor to Ron Paul.
Peter Schiff has been attributed a lot for his financial forecast. He has been known as a Bitcoin skeptic and has no interest in it. He has been given the title of ‘Dr. Doom’ and has become popular for his financial predictions.