Is Peter Schiff Related To Adam Schiff? Net Worth Family
“Is Peter Schiff related to Adam Schiff?” is one of the most asked questions about the two prominent personalities of America. Find out if they have any relation or if their last name is the only thing they have in common.
Peter Schiff is an American stock broker, radio personality and financial commentator. He is also a CEO and Chief Global Strategist of the Westport, Connecticut-based broker-dealer Euro Pacific Capital Inc.
Adam Schiff is also an American lawyer, author and politician currently serving as a United States representative from California since 2001.
Explore more about two influential people’s relationships in today’s article.
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Is Peter Schiff Related To Adam Schiff?
Peter Schiff and Adam Schiff have no relation. There have been speculations about their bond for a long time.
In October 2019, the Connecticut-born stock broker tweeted, clarifying the rumors regarding his relationship with the Massachusetts-born politician. Peter wrote he is not related to Adam Schiff. The financial commentator even considered changing his last name.
“Just to be clear, I have no relation to Adam Schiff. If he keeps this up, I may consider changing my last name!”
Peter Schiff Family – Parents And Siblings
Born on 23 March 1963, Peter Schiff grew up in a middle-class Jewish family in New Haven, Connecticut.
Irwin Schiff and Ellen Schiff were Peter’s parents. He has a sibling, Andrew Schiff. During World War Two, his Father – the son of a Jewish immigrant from Poland – served in the U.S. Army.
When Schiff was a little, his parents got ended their marriage. The former U.S. Senate candidate relocated with his mother and brother all over the country.
The trio first went to Connecticut, Manhattan, and Florida. Finally, they settled down in Southern California.
Why Did Peter Schiff’s Father Went To Jail? Is Irwin Schiff Still Alive?
Irwin was an American libertarian and advocate of tax resistance who gained notoriety for publishing and disseminating writings that contended the income tax in the United States was unlawful and unconstitutional.
In several civil and criminal trials, judges found against Schiff in favor of the federal government.
On 24 February 2006, Schiff was sentenced to 151 months (12 years and 7 months) in prison. He was 78 years old at that time.
The court also ordered him to pay the Internal Revenue Service over $4.2 million in restitution. Schiff was also given an additional 12 months for contempt of court.
According to the Federal Bureau of Prisons, Schiff passed away on 16 October 2015. At the time of Irwin’s death at 87, Schiff was serving a sentence of 162 months (13.5 years) in a hospital prison due to these legal decisions.
Peter Schiff Net Worth Collection
Celebrity Net Worth reported that Peter Schiff’s net worth is $70 million.
Having earned his degree in accounting and finance from the University of California-Berkeley, he began his professional career in the finance world as a stock broker.
In addition to being a stock broker, Peter also holds a number of positions in other financial services firms, including full-reserve bank Euro Pacific Bank, independent investment advisor Schiff Gold (previously Euro Pacific Precious Metals), and precious metals dealer Euro Pacific Asset Management.
Mr. Schiff resides in Puerto Rico with his wife of a few years, Lauren Schiff. The financial advisor and his spouse are proud parents of three kids – two sons and a daughter.
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