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Nevin Shapiro Net Worth

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Nevin Karey Shapiro 's Net Worth as of 2024
-$82 Million

Nevin Karey Shapiro was born on the 13th April 1969, in Brooklyn, New York City, USA, and is a former millionaire and University of Miami booster, but probably best known for being a convicted felon who operated a Ponzi scheme which fraudulently netted him $930 million, for which is is now jailed. He was actually involved in numerous violations over eight years of being a booster for many Miami athletes.

So, have you ever wondered how rich Nevin Shapiro is? According to authoritative sources, it was estimated that Nevin counts his net worth at the amount of (minus) -$82 million, as of 2010 when he was sent to prison and ordered to pay restitution for that amount. Before he went to jail, he used around $38 million worth of clients’ money on personal expenses between 2005 and 2009.

Nevin Shapiro Net Worth (minus) -$82 Million

Nevin Shapiro spent his childhood time in Miami Beach, Florida, as he moved there with his single mother after his parents divorced. He attended Miami Beach Senior High School, from which he matriculated in 1986, and where he was active in sports including wrestling and basketball. While he was growing up, he became obsessed with the Hurricanes football team, as well as Miami in general. Despite his love for Miami, when his mother remarried to businessman Richard Armand Adam, they moved to Lighthouse Point, Florida, and Nevin enrolled at the University of South Florida in Tampa. However, he didn’t graduate, as he was expelled due to cold-cocking another student during a football game in 1990.

Ten years later in 2000, Nevin established his own company called Capitol Investments USA, in which he served as the Chief Executive Officer (CEO). He developed the Ponzi scheme, which was based on attracting as many investors as possible, and he did that by promising them that they would make 10 to 26 percent commissions per month. His business grew quickly because of his connections in Chicago, New Jersey, Naples and Indianapolis, which theoretically added a considerable amount to his net worth. Nevin told his employees to create and show to the investors the documents confirming Capitol’s profitability, indicating that Capitol’s wholesale grocery business was making tens of millions of dollars per year, when actually there was no business at all. Nevin later admitted that he never resold those groceries, but instead used approximately $38 million of investors’ money for personal use, including $150,000 that he gave to the University of Miami to have his name placed on the student lounge, and about $2 million for boosting Miami sports, primarily football.

In 2009 everything fell apart when a real estate agent from Chicago sued to force Nevin into bankruptcy after he had stopped making payments to his investors. He was charged with securities fraud and money laundering, pleaded guilty and was sentenced to 20 years in prison. While in prison, Nevin admitted to other illegal and unethical activities, thus exposing many employees and players at the University of Miami.

When it comes to speak about his personal life, Nevin Shapiro has never been married. It is known that he was a huge fan of football and basketball teams, so he spent more than $400,000 for floor seats to the NBA team – the Miami Heat. He had residence in Miami Beach worth $5 million, and in free time, he enjoyed in his Riviera yacht with his famous friends at the time, such as Shaquille O’Neal, Dwyane Wade, Kevin Garnett and others. Currently, Nevin is serving time at Federal Correctional Institution, Butner Low, and is scheduled for release in October, 2027.

As the Managing Editor at NetWorthPost, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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Celebrities

Dianna Russini Net Worth

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Dianna Russini was born on 11 February 1983, in New York City, USA, and is a sports journalist and reporter, best known for working with the sports network ESPN on various NFL broadcasts. She’s also worked with other networks such as News 12, WNBC New York and NBC Connecticut. All of her efforts have helped put her net worth to where it is today.

How rich is Dianna Russini? As of late-2017, sources estimate a net worth that is at $30 million, mostly earned through a successful career in sports journalism; she reportedly earns an annual salary of around $100,000. She also does radio work, and as she continues her career, it is expected that her wealth will also continue to increase.

Dianna Russini Net Worth $30 million

Growing up, Dianna aspired to a career in sports broadcasting while doing make-believe commentary for his brother’s backyard games. She was educated at Old Tappan High School, and after matriculating she attended George Mason University, and during her time studied for a degree in journalism. She also played for the school soccer team for four years, and did sideline reporting for Comcast SportsNet’s CAA basketball games. After graduating, she joined News 12 located in Westchester/ Hudson Valley as a reporter, working on general assignments and crime news. Soon, she would take on more opportunities that would increase her net worth significantly, working as a news and games writer for NBC Connecticut, before joining ABC News. She joined CSN Northwest and covered the games of teams such as the Blazers and Seahawks. She also joined WRC Channel4 as a columnist, and would become a chief sports reporter of the network. She started to focus a lot more on sports reporting thanks to her work with News 12, and covered several significant events including the Boston Marathon Bombing. She also worked for NBC-TV before finding her role with ESPN.

Russini’s net worth increased even further when she joined ESPN in 2015. She started working as an anchor for “Sports Center”, and also worked for Comcast Sports. As a part of ESPN, she began to host the show “NFL Live” in which she does various interviews. She also reports as part of “NFL Countdown”, “NFL Insider” and “NFL Analyst”. Thanks to all of these opportunities, her net worth increased even further.

For her personal life, not much about is known about any romantic relationships, though there are rumors that Dianne was engaged to a Hedge Fund manager from Manhattan, and further rumors linking her with Washington Redskins general Scot McCloughlan, following Scot’s wife accusing her of giving oral sex to obtain stories about the team. The accusations ended up becoming negative for both Scot and the Redskins, prompting the wife to apologize for her remarks; the accusation which was on Twitter was also deleted. Dianna resides in both New York City and Connecticut. She’s very active on social media having more than 67,000 followers on Twitter and over 22,000 follower on Instagram, which she updates regularly. She also has a Facebook page with over 4,000 likes.

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Celebrities

Tameka Raymond Net Worth

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Tameka J. Foster was born on the 1st January 1971, in Oakland, California USA, and is a wardrobe stylist, having worked for many celebrities including Nas, Patti Labelle, Ciara, Toni Braxton, Usher, Jay-Z, Lauryn Hill among many others. Tameka has been active in the fashion industry since 1994, and in 2014, Raymond starred in the reality television series “Atlanta Exes”.

How much is the net worth of Tameka Raymond? It has been reported that the outright size of her wealth is as much as $5 million, as of the data presented in the middle of 2016. Fashion is the main source of Raymond’s fortune.

Tameka Raymond Net Worth $5 Million

To begin with, she is a graduate from the Fashion Institute of Design and Merchandising. Still as a student of Fashion Institute, she was employed at the Italian fashion house Armani, in which she started working with various celebrities such as Mary J. Blige, Nas, Ciara and Jay-Z, thus gaining recognition as well as a range of famous clientele. Soon after graduation, she went on working as a salesperson, and later became involved in management. Her net worth was already established.

Working with famous celebrities made her known all over the state. Soon, Raymond was being featured by such television channels as Access Hollywood, E! and MTV. She also gained the attention of many magazines, including Upscale, Sister 2 Sister, Essence, Vibe, Glamour, People Weekly, Style and others. Despite being well known as a wardrobe stylist, she has also worked as a hair stylist.

Additionally, she is a film enthusiast, and furthermore, she starred alongside Christina Johnson, Monyetta Shaw, Sheree Buchanan and Torrei Hart in the reality documentary television series “Atlanta Exes” aired on VH1. It is the spin-off of the popular series “Hollywood Exes”. The series focuses on the lives of those women who were married to famous celebrities.

To conclude, all the above mentioned engagements added significant sums to the overall size of Tameka Raymond net worth.

Finally, in the personal life of the stylist, she married clothier Ryan Glover in 2002 (the two had been in relationship since 1998). They have three children, however, the two divorced in 2007. The same year, the popular singer, songwriter and actor Usher proposed to Raymond; prior to this, she has been working as a stylist of the singer. In the summer of 2007, the two married, and their first child was born after a few months. At the end of 2008, Raymond gave birth to their second baby, but in the summer of 2009, Usher filed for divorce. In 2012, the primary custody of their children was given to Usher. Currently, Tameka Raymond is single.

Moreover, she is the founder of The Lost One Foundation, which is a charitable non profitable organisation focusing on the help and motivation of teenage girls. Tameka is also responsible for running the non profit organisation Kile’s World. In addition to this, she helps to raise funds for other charitable organisations which focus on the help of the children.

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Athletes

Brad Daugherty Net Worth

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Bradley Lee Daugherty was born on the 19th October 1965, in Black Mountain, North Carolina USA, and is a former basketball player for the team of the Cleveland Cavaliers in the NBA. Brad played basketball professionally from 1986 to 1995, and currently he works as a college basketball and NASCAR analyst on ESPN.

How much is the net worth of Brad Daugherty? It has been estimated by authoritative sources that the outright size of his wealth is as much as $20 million, as of the data presented in the middle of 2016.

Brad Daugherty Net Worth $20 Million

To begin with, Brad Daugherty entered the University of North Carolina in the summer of 1982. At first, Daugherty played in the shadow of future basketball heroes named Michael Jordan, James Worthy and Sam Perkins. When all of them went on to continue their careers playing in the NBA, Daugherty carried the team on his broad shoulders. He completed his college career with a final top level season running at 20.2 points and nine rebounds per game. Then, all observers predicted an outstanding career in the NBA for him.

Concerning his professional career, Brad Daugherty was selected the 1st in the 1st round of the NBA Draft 1986 by the Cleveland Cavaliers. With the help of Ron Harper and Mark Price, Daugherty had a solid first season with an average of 15.7 points 8.1 rebounds and 3.8 assists per game, and was selected to the All-Rookie Team. The following season, Daugherty became the top scorer and rebounder of the team, and participated in the NBA All-Star Game 1988 alongside other league stars Michael Jordan, Magic Johnson , Kareem Abdul-Jabbar and Larry Bird. In 1988-1989, Daugherty led the Cavaliers to their best record in the franchise’s history with 57 wins and 25 losses. Unfortunately, an injury forced Daugherty to miss 41 games of the 1989 – 1990 season but he returned in time to help the Cavaliers to reach the playoffs for the 3rd consecutive year. The following season was the best one for Brad Daugherty. He became the first player in the franchise (and still only) to compile at least 20 points and 10 rebounds per game average for a season. In 1991–1992 season, Daugherty confirmed that he was one of the dominant centre in the league by averaging 21.5 points and 10.2 rebounds per game. As a reward for his performance, Daugherty was elected into the All-NBA Third Team, but after another season in the playoffs, Daugherty announced his retirement from the professional sport, being only 28 years old because of a herniated disc. Despite his truncated career, Brad Daugherty established four records for the Cleveland franchise – the leading scorer with 10,389 points, best rebounder with 5,227 outlets, and the most free throws attempted and accomplished (3670 to 2741 successful).

After his retirement, Daugherty invested in waste management, real estate as well as car dealerships. He is also an analyst of college basketball and NASCAR on ESPN, plus Brad co-owns JTG Daugherty Racing. It is worth mentioning the fact that he was the co-owner of NASCAR Camping World Truck Series team.

Finally, in the personal life of the former basketball player, he has been married to Heidi Rost since 1990, and they have a son.

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