Ruth Madoff is the widow of American financial fraudster Bernie Madoff, who was sentenced to prison for his criminal financial scheme and died in April 2021. In 2008, after her husband’s incarceration for fraud, she and her spouse made an unsuccessful suicide attempt.
Born in New York City parents Saul Madoff (an accountant who died in 1999 at age 95) and Sara (Presser) Alpern (who died in 1996 at age 92), Bernie Madoff grew up in the middle-class Jewish neighborhood of Laurelton, Queens. They are the only siblings, with her sister being named Joan Roman.
She earned her undergraduate degree in psychology from Queens College in 1961 and her master’s degree in nutrition from New York University in 1992. Both institutions are located in the New York City borough of Queens.
Is Ruth Madoff Alive to This Day?
The Post reports that Madoff’s wife Ruth is still alive and well in 2023 and that she resides in a huge waterfront mansion in Old Greenwich.
Is Anyone Aware of Ruth Madoff’s Current Whereabouts?
The disgraced wife currently resides with her daughter-in-law, Susan Elkin, in a sprawling, four-bedroom house in Old Greenwich. Supposedly, she wished to be nearer to her grandchildren, so she moved. Fraudster and financier Bernie Madoff was seen by his sons on his way to prison.
Ruth Madoff is the wife of the infamous con man Bernie Madoff and the mother of his two sons, Mark and Andrew, who brought their dad’s disgrace to the forefront of public attention.
As Bernie Madoff’s wife, Ruth Madoff is a household name. Until his death in 2021, she remained Bernie Madoff’s wife. Because he swindled people out of their money, Bernie Madoff was met with disdain and hostility. If we wanted to know where Ruth Madoff was right now, we could look her up on Yahoo.
The two boys of Bernie and Ruth were named Mark and Andrew. Bernie’s kids and daughter worked for him, and so did his brother Peter and his wife’s sister Shana.
Mark committed suicide in 2010 as a direct result of Bernie’s dishonesty. Andrew passed away in 2014 due to cancer.
Ruth’s sister Sondra and her husband Marvin Weiner were found dead in a murder-suicide at their house in Florida in February 2022. After Bernie’s arrest, Ruth famously stayed with Sondra and Marvin for a long time.
Is Ruth Madoff Rich?
According to Celebrity Net Worth, Ruth Madoff has a current net worth of $2 million. According to Celebrity Net Worth, she and her late husband had a combined net worth of slightly under $1 billion at the time of his arrest.
Properties in Real Estate
Bernie and Ruth spent $250,000 buying a mansion in Montauk, New York’s Hamptons, in 1980. Soon after, the Madoffs renovated their home extensively and lavishly. The house sold at auction in 2009 for $9.4 million, $660,000 more than was expected.
In 2018, the 1.5-acre property with 180 feet of ocean frontage was listed for sale once again, this time at a price of $21 million. By late January 2020, the price had dropped to $17 million. You can buy it now for $16.5 million:
Bernie and Ruth purchased a penthouse on the Upper East Side of Manhattan at 133 East 64th Street in 1984. The government took possession of this property in 2008 and sold it two years later for $8 million.
As for Palm Beach,
Ruth and Bernie lived in a 9,000-square-foot estate on the water in Palm Beach, Florida. The United States government put up this home for sale in February 2010 at a price of $7.25 million; it eventually sold in October 2010 for $5.65 million.
Riviera De France, France
Moreover, they had a small three-bedroom apartment in Antibes, a town on the French Riviera. The apartment was valued at $1.5 million in 2009, according to estimates.