Jeffrey Berns’ net worth is $120 million, which makes him one of the most wealthy celebrities in the world. Besides being a famous televangelist, he is also a well-known television host. He has appeared on a wide range of TV shows, including “The Jim Bakker Show” and “The Big Bang Theory.” He also has a large amount of investments and is actively involved in charity work.
Jeffrey Berns has been a highly visible public figure since he founded his own consulting firm after his father passed away from kidney disease. He has invested over $300 million in the firm and employed over 70 people. He has also spent a great deal of money on office space and land. In addition, he has donated a large portion of his money to Democratic candidates and political action committees.
In addition to developing class action lawsuits against financial institutions, Mr. Berns has also ventured into blockchain technology. He acquired the crypto currency Ether in 2015 at an unbelievable price, but then sold it before the cryptocurrency crashed. His plan was to develop a smart city on this land and has a billion-dollar net worth. He announced his plans for the project at a launch party in Prague. He owns 62 percent of the Tahoe-Reno Industrial Center in Nevada, which he plans to develop into a blockchain-based city.
Another scandal involving Berns is the lawsuit filed by a former business partner. The woman accuses Berns of sexual harassment. But the judge in the Washoe County District Court has ruled that the settlement was not material and that there is no evidence that Berns engaged in sexual misconduct.
In addition to his involvement in cryptocurrency, Berns purchased a large plot of desert land in Nevada. Although he bought it through a separate holding company, there is no record of the transaction. It is unclear if he intends to use it for business or for his own personal benefit.
Moreover, there is no definitive proof that the Lake Tahoe School was the cause of the lawsuit. But the lawsuit alleges that Jeff Berns and his wife used his wealth to sabotage his former employee’s employment. Moreover, he donated more than $1 million to the school. The lawsuit seeks more than $150,000 for the victim’s emotional distress, humiliation, and shame.
Moreover, his net worth is boosted by the shares he holds in Synchrony Financial. He is a director of the company and makes $12,169,300 a year as its chief executive officer. His compensation also includes stock worth $4,207,131.
In addition, he was a professional boxer from 1992 to 2010, holding the WBA heavyweight title twice in 2001 and 2005. He is now living in Chelsea. However, he was found guilty of misconduct by the Florida State Bar. Hence, his net worth is estimated to be around $3.2 billion.