Steve Bannon Net Worth: Media Executive and Producer in Film Industry

American Steve Bannon was the “White House top strategist” for the first seven months of President Trump’s presidency. Bannon has worked as an investment banker, a media executive, and a filmmaker. After spending his formative years in Norfolk, Virginia, he enrolled at what is now called Benedictine College Preparatory School.

Steve Bannon Net Worth

Eventually, he sought to expand his knowledge in urban planning, so he enrolled in the “Virginia Tech College of Architecture and Urban Studies.” After his time in the service, the author pursued an MBA at the fictitious “Harvard Business School.”

He left his position as an investment banker in the ’90s to become an executive producer in the film and nonfiction media industries in Hollywood. Steve used Breitbart News, a website he co-founded in the late aughts that reports on conservative issues, to spread his political views.

In August 2016, he was named to head Trump’s presidential campaign. After Trump’s election to the presidency, Steve became his closest advisor and strategist. Trump remained in his cabinet position throughout the first seven months of his presidency. He advocates for and backs international conservative nationalist and populist right-wing movements.

What is Steve Bannon Net Worth?

As a political advisor and media executive in the United States, Steve Bannon has accumulated a net worth of $20 million. Steve Bannon served as Trump’s chief strategist for the first seven months of his presidency. Before he managed the downfall of data analytics firm Cambridge Analytica, he was the executive chairman of the far-right website Breitbart.

A year after his detention and allegations of conspiracy to conduct mail fraud and money laundering in 2020, Bannon was held in contempt of Congress for refusing to cooperate with a subpoena related to the investigation into the attack on the US Capitol on January 6, 2021.

Many documentaries have benefited from Bannon’s financial and production assistance, including The Undefeated, Fire from the Heartland: The Awakening of the Conservative Woman, and Occupy Unmasked. Before going to Hollywood to pen the script for the 1999 film Titus, which featured Anthony Hopkins, Bannon was the acting director of the Biosphere 2 project.

Steve Bannon’s Childhood Life

On November 27, 1953, Steve Bannon entered the world as Martin and Doris Bannon’s son. Several members of his family have worked in the same industry for generations. His dad managed a telephone firm and also put up lines. His mother raised him single-handedly, never leaving the house. His whole family was devoutly Christian. His union-supporting Irish Catholic parents, he added, made them “hardcore Democrats.”

Steve grew up in the middle of a family of five siblings. When he was younger, he attended Richmond, Virginia’s Roman Catholic Benedictine College Preparatory. When Steve graduated from high school in 1972, he headed straight for the “Virginia Tech College of Architecture and Urban Studies.”

However, by the time he finished college, his political views were firmly established. He started as a junior and worked his way up to become president of the student body. His views were already solidified to the right, and there was no turning back. He earned a bachelor’s degree in urban planning from “Virginia Tech” in 1976. Then he enlisted in the US Navy and became an auxiliary engineer.

Simultaneously, he enrolled at “Georgetown University” in pursuit of a master’s degree in national security, attending classes at night. To further his education, he enrolled in “Harvard Business School” in the early 1980s to earn an MBA degree. He received his MBA from a prestigious institution and graduated among the top of his class.

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Professional Life of Steve Bannon

After completing his Master of Business Administration degree, he was recruited by the prestigious investment bank Goldman Sachs. His day job at the time of the merger and acquisition saw him working as an investment banker. The firm began looking into the entertainment sector in Hollywood at the tail end of the 1980s, and by the early 1990s, it had officially entered the field.

Steve had been vice president for two years when he decided to leave his position and relocate to Los Angeles. Steve started the competing investment bank Bannon & Co. with the support of some former Goldman Sachs employees. Then he went on to consult for a production company, via which he obtained an investment in Seinfeld.

Steve went to Los Angeles in the ’90s and began working as an executive producer in the entertainment industry after finding that it might offer him a comfortable existence. His first film as a filmmaker, 1991’s “The Indian Runner,” tanked at the box office. A second picture, Titus, under his direction was released in 1999. Additionally, he established himself as the industry standard bearer in the new millennium for directing motion pictures.

A film about Reagan’s presidency, “In the Face of Evil,” was released by him in 2004. After then, his contributions were appreciated in films like “Occupy Unmasked” and “The Undefeated.” The 2007 documentary “Destroying the Great Satan: The Rise of Islamic Fascism in America” was a vehicle for his extreme right-wing views.

A lot of tension was sparked by the book, which insulted Jews and Muslims and argued that the government and the media were aiding in the establishment of an Islamic state. In addition, he was previously the vice president at “Cambridge Analytica.” Claims that the company stole data in an attempt to influence American voters brought the company to public prominence after the 2016 U.S. presidential election’s outcome.

The Mercer family had a stake in the business. The Breitbart family, who also started the alt-right Breitbart News, was instrumental in the formation of both. Steve was instrumental in the 2007 inception of Breitbart, a conservative news website. This conservative news outlet is relentless in its attacks on liberals, progressives, and Democrats.

Since the site’s debut, it has been the target of complaints that it promotes bigotry, misogyny, and hostility toward the LGBT community. Steve provided additional evidence the next year that “Breitbart News” was an alt-right news site. When he was in command, the atmosphere of the site was filled with a fierce sense of patriotism. After becoming executive chairman of the company in 2012, Breitbart published multiple pieces of propaganda advocating stricter immigration controls and other such policies, marking a turning point for the alt-right.

The comments section was populated by white nationalists, and the website’s harsh headers were used to draw in readers. Steve began airing a show in 2015 that discussed alt-right ideas and ideology. On “Breitbart News Daily,” Donald Trump was a regular topic of conversation.

The seed for his run for president was planted at that moment. At this point, he and Trump began to become friendly with one another. In his role as chief executive officer of Donald Trump’s presidential campaign, Steve has been in charge of operations since August 2016. To accomplish this, he meticulously planned to make the border a campaign issue and plant seeds of doubt about Trump’s opponent, Hillary Clinton.

An increasingly vocal electorate backed Trump’s populist platform to ensure his election victory in 2016. Steve was Trump’s primary legal counsel in the early days of his presidency. The ban on citizens of seven predominantly Muslim nations is often cited as an example of Trump’s more polarising policies.

In addition, Trump appointed Steve to the newly established position of “chief strategist” in the cabinet. He joined the “National Security Council” in a prominent role in the new year of 2017. In April of that year, though, he was fired. Even so, he continued to back Donald Trump, saying the American media was behaving like an opposition party by attacking his every move.

But he nevertheless had frequent disagreements with other cabinet officials and even members of the Trump family. He served as the president’s closest advisor and chief strategist until his retirement in August 2017. Steve’s official return to “Breitbart News” was announced the next day.

In the subsequent editorial meeting, he announced his firm resolve to resist Trump at every opportunity. Steve and Trump had a heated argument after the publication of the bombshell book “Fire and Fury: Inside the Trump White House” in 2018.

Several of the book’s claims about Steve are highly contentious. Steve made an effort to reconcile with Trump, but his efforts were fruitless. His position as executive chairman at “Breitbart” was eventually eliminated. He stayed on at the company, however.

Steve Bannon’s Private Life

Having never been married before, Steve Bannon wed Cathleen Houff Jordan. After finalizing their divorce in 1995, he promptly wed Mary Piccard again. In 1997, he filed for divorce from his second wife. He tied the knot with Diane Clohesy in 2006, and they divorced three years later. Three daughters emerged from his first two marriages.

Steve has a lengthy criminal record for misdemeanors like domestic violence. Steve’s second wife, Piccard, sued him in 1996, but she never showed up to court. The case was subsequently dropped as a result. She admitted that she had received telephone death threats.

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