This article delves into Keith Raniere net worth and examines how it aligns with the curiosity of netizens.
Keith Raniere, an American cult leader, received convictions for a range of crimes, including human trafficking, sex offenses, and fraud.
Biography
Keith Raniere, born on August 26, 1960, is currently 61 years old and hails from Brooklyn, New York.
He is about 5 feet 7 inches tall, with brown hair and blue eyes. Keith holds American nationality and belongs to the Virgo zodiac sign. He is of White ethnicity.
After completing high school in New York, Keith experienced the loss of his mother when he was 16 years old.
He subsequently moved to the Albany region in New York.
Keith claims to have pursued studies in math, physics, biology, psychology, and philosophy, ultimately obtaining a BS degree in biology.
However, it was discovered through investigation that he initially dropped out of high school at 16 but later graduated.
Keith Raniere Net Worth and Establishing NXIVM
After serving time in prison for sex trafficking, Keith Raniere founded NXIVM.
Initially presented as a multi-level marketing organization, it later engaged in illicit activities such as sex trafficking and forced labor.
NXIVM recruited celebrities and socialites for personal development seminars from 1998 onwards.
Keith’s inner circle subjected numerous female members to widespread sexual abuse.
Authorities arrested Keith and his associates in January 2018, leading to media portrayal of him as a cult leader.
On June 19, 2019, Keith Raniere was sent to jail for charges that included sex trafficking of children, conspiracy, and forced labor.
These charges were linked to secret society NXIVM and its subgroup, DOS or Covenant.
Is Keith serving 120 years in prison?
In 2020, Raniere received a prison sentence of 120 years for racketeering, sex trafficking, and other offenses.
He is currently serving his sentence at the Metropolitan Correctional Center in Brooklyn, New York.
Keith Raniere Net Worth
Keith Raniere’s net worth is $5 million. He was one of the brains behind NXIVM, which was based in Albany, New York.
NXIVM operated as a purported self-help multi-level marketing business, offering personal development seminars.
The organization was active from 1998 to 2018 and reached its peak with 700 members, including notable and wealthy individuals.
Raniere made money through a variety of means, including:
- Selling multilevel marketing products and services
- Charging for NXIVM courses and seminars
- Soliciting money from his subjects
- Engaging in fraud and other illegal activities
