Barry Minkow bio, height, weight, net worth, salary, nationality, ethnicity
Facts of Barry Minkow
|Full Name:||Barry Minkow|
|Birth Date:||March 22, 1966|
|Education||Cleveland High School, Liberty University|
|Kids||Dylan Gene Minkow, Robert Irwin Minkow|
|View more / View less Facts of Barry Minkow|
Barry Minkow is the founder of the carpet cleaning firm ZZZZ Best and a previous businessman. It used to be a hugely popular carpet cleaning and repair business. It was, however, just a ruse to get people to invest in the Ponzi scheme.
An Entrepreneur’s Perspective Pastoral Care
Barry founded “ZZZZ Best,” a carpet cleaning company, in his parent’s garage when he was 15 years old. In just four years, his company has grown from 400 to 1400 employees. His company was a national sensation at the moment, with a market value of roughly $280 million. ZZZZ Best handed private owners authority after three years, and the company’s stock was valued at $18 per share in 1986. He had Genovese mafia as clients during the peak of his business.
A T-shirt with the words ZZZZ BEST CARPET CLEANING & FURNITURE was also sold for $19.90 per piece on Redbubble, a global online marketplace.
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However, after being accused of running a Ponzi scheme, his company went bankrupt in 1987. The American billionaire received a 25-year sentence, but only served seven of them.
He converted to Christianity and joined the Christian ministry while incarcerated. He quickly rose through the ranks of San Diego’s Community Bible Church to become its pastor. To avoid fraud, he delivered religious lectures to University students and businesspeople.
He was found guilty of defrauding his own church again in 2014, this time for embezzling more than $3 million between 2011 and 2011. As a result, he was sentenced to five additional years in prison. He left his position as pastor of his church on March 16, 2011.
After he was released from prison, mastermind fraudster Barry became a white fraud buster. He went after Herbalife, a weight-loss nutritional corporation. According to reports, the corporation paid him $300,000 to keep quiet. Later, he was accused of improperly manipulating Lennar Corp’s stock. He pleaded guilty and received a five-year prison sentence.
Apart from that, Barry has written a number of novels, the most recent of which being Clean Sweep, which is available on Amazon for $55.88. Cleaning Up (2005) and Down, but Not Out: 10 Steps for Rebuilding Your Life, Career, and Everything Else (2005) are two of his other books (2007).
What is the net worth of Barry Minkow?
Barry Minkow has been convicted of securities fraud, money laundering, tax evasion, bank fraud, postal fraud, and other criminal offenses three times. He has served more than 15 years in federal prison for all of these crimes.
In addition, he must pay $612 million in restitution for the remainder of his life, lowering his net worth.
Has Adopted Sons; Married To Wife
Lisa, Barry’s lovely wife, is his life partner. Dylan Gene Minkow and Robert Irwin Minkow, twin Guatemalan boys, were adopted by the couple.
Barry, a former pastor, resides in rural Crossville, Tennessee, with his family. They even had an Australian shepherd named Macho and two Siberian Huskies.
Aside from that, little is known about his wife, kids, or marital life.
Biography of Barry Minkow
Barry Minkow’s real name is Barry Jay Minkow, and he was born on March 17, 1966 in Reseda, California. He came from a Jewish household in the San Fernando Valley. He is white and of American nationality.