How old was Bernie Madoff when he died?

Bernard Lawrence Madoff (April 29, 1938 – April 14, 2021) was an American fraudster and financier who ran the largest Ponzi scheme in history, worth about $64.8 billion. He was a one-time chairman of the NASDAQ stock exchange.

How old was Bernie Madoff when he died?

Bernard Madoff, the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators, and earned him a 150-year prison term, died behind bars early Wednesday. He was 82.

Madoff’s death at the Federal Medical Center in Butner, North Carolina, was confirmed by his lawyer and the Bureau of Prisons.

Madoff founded a penny stock brokerage in 1960, which eventually grew into Bernard L. Madoff Investment Securities. He served as the company’s chairman until his arrest on December 11, 2008. That year, the firm was the 6th-largest market maker in S&P 500 stocks.

At the firm, he employed his brother Peter Madoff as senior managing director and chief compliance officer, Peter’s daughter Shana Madoff as the firm’s rules and compliance officer and attorney, and his now deceased sons Mark Madoff and Andrew Madoff.

Peter was sentenced to 10 years in prison in 2012, and Mark hanged himself in 2010, exactly two years after his father’s arrest. Andrew died of lymphoma on September 3, 2014.