Paul Manafort Net Worth: How Rich Is Donald Trump’s Campaign Chairman?
While working as a consultant for Ukraine’s once ruling political party, and a close aid to former President Viktor F. Yanukovych, Paul Manafort had acquired more than just an ample amount of money.Advertisement
There has been a revelation about a secret ledger, which shows $12.7 million in undisclosed cash payments provided to him by the former Ukrainian president’s pro-Russian political party from 2007 to 2012.
This particular report had garnered extremely strong reactions.
According to the New York Times, anti-corruption investigators were rummaging through all available paperwork dealing with the titanic money laundering. Investigators have said that assets belonging to Ukrainian people were looted and used to manipulate elections during Yanukovych’s administration.
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Their investigation led to the belief that these monitory assets were part of an illegal off-the-books system received by election officials.
Other than these disbursements, groups of offshore shell companies were investigated. These companies helped Yanukovych’s inner circle members finance their lavish lifestyles and king-sized houses.
Hundreds of questionable transactions were found, and it has been reported that the companies were also involved in an $18 million deal to sell Ukrainian cable television assets to a partnership. This partnership was created by Paul Manafort and a Russian oligarch, Oleg Deripaska.
According to sources, Deripaska is a close ally of President Vladimir Putin.
Several people are asking about the campaign chairman’s net worth. Like Trump, his campaign manager is also known for his business involvements. He has added expertise in the political field, thus making him the perfect candidate for the job.
According to Bustle, he had always dealt with large numbers. Sources said that once, he allegedly told a congressional oversight panel that his firm did not take clients unable to pay their standard $250,000 a year retainer.
However, Paul Manafort’s net worth cannot be deduced to an exact figure. But his other dealings with money have been documented very neatly.