Peter Schiff
Miscellaneous

Peter Schiff Net Worth

Peter Schiff is a renowned American investment broker, author, economic forecaster and investment advisor. His strategy is heavily influenced by the free market Austrian School of economics, and he is credited with accurately predicting the 2007 housing market collapse and the 2008 financial crisis. He has appeared on various media outlets, hosts his own radio and television shows, and runs a video blog on financial matters. He started his career as a stock broker and went on to establish various financial establishments. His investment strategy focuses on long-term wealth savings with emphasis on emerging market and commodity focused investments. He is a strong supporter of the Libertarian Party and has a net worth estimated to be over $70 million.
Peter Schiff is a member of Miscellaneous

Age, Biography and Wiki

Who is it? Investor & Investment Broker
Birth Day March 23, 1963
Birth Place New Haven, Connecticut, U.S., United States
Age 60 YEARS OLD
Birth Sign Aries
Occupation CEO and Chief Global Strategist of Euro Pacific Capital Inc. Founder of Euro Pacific Canada Inc. now known as Echelon Wealth Partners Inc. Founder and Chairman of Euro Pacific Bank Ltd. Founder, CEO, and Chairman of Euro Pacific Asset Management LLC Founder and Chairman of SchiffGold Principal host of The Peter Schiff Show
Alma mater Haas School of Business of the University of California, Berkeley
Subject Business Investing Economics Personal finance
Spouse Lauren Schiff
Children 2

💰 Net worth: $400,000 (2024)

Peter Schiff, a renowned investor and investment broker in the United States, is estimated to have a net worth of $400,000 in 2024. With his exceptional knowledge and experience in the financial industry, Schiff has made his mark as one of the leading voices on economic matters. He is recognized for his accurate predictions and insights into financial markets, which has earned him a significant following and respect in the investment community. Schiff's expertise and success make him a trusted figure in the world of finance.

Biography/Timeline

1987

Schiff was educated at Beverly Hills High School and obtained a Bachelor of Science with a double major in Finance and accounting from University of California, Berkeley, in 1987.

1990

Schiff began his career as a stockbroker at a Shearson Lehman Brothers brokerage in the early 1990s.

1996

In 1996, Schiff and a partner acquired an inactive brokerage firm, renamed it Euro Pacific Capital, and began operating it from a small office in Los Angeles, relocating the firm to Darien, Connecticut, in 2005. The firm is currently headquartered in Dorado, Puerto Rico has since expanded with offices in Scottsdale, Arizona, Boca Raton, Florida, Newport Beach, California, Los Angeles, and New York City. It specializes in non-US markets and securities.

2005

From 2005 to 2010 Schiff hosted a weekly short-wave radio show named Wall Street Unspun, which featured commentary on financial market activity. From October 2010 to September 2014, he hosted The Peter Schiff Show broadcast on Internet and terrestrial radio. The show featured commentary on market activity, current events, and economic philosophy; it had many notable guests including Ron Paul, Rand Paul, Niall Ferguson, Dennis Kucinich, Rick Santelli, and John McCain. The Peter Schiff Show guest-hosts included Thomas Woods, Neeraj Chaudhary, Stefan Molyneux, Larry Elder, and Andrew Schiff, Peter Schiff's brother.

2006

In an August 2006 interview, Schiff said, "The United States is like the Titanic and I am here with the lifeboat trying to get people to leave the ship.... I see a real financial crisis coming for the United States." On December 31, 2006, in a telecast debate on Fox News, Schiff forecast that "what's going to happen in 2007 is that real estate prices," which had peaked in December 2005, "are going to come crashing back down to Earth."

2007

Schiff's warnings of a coming economic collapse earned him the moniker "Dr. Doom," but later articles in Business Week and other Business news journals reported that Schiff "more or less accurately" predicted the financial crisis of 2007–2010 while the "easiest criticism of Macroeconomists is that nearly all failed to foresee the recession despite plenty of warning signs." A YouTube fan video, "Peter Schiff was right," became popular in late 2008 and 2009. It contained a compilation of his appearances on various financial TV news programs between 2005 and 2007.

2008

Schiff has been the subject of criticism in regard to predictions he has made, and in particular for his repeated claim that in foreseeing the stock market crash of 2008-2009, he "positioned his clients accordingly"

2009

After giving some hints on The Daily Show, Schiff officially announced his candidacy for the Republican nomination on September 17, 2009 during the MSNBC Morning Joe show. By October 2009, Schiff had received more than 10,000 donations and many e-mails from around the world. Schiff's campaign received endorsements from Ron Paul and Steve Forbes.

2010

At the May 2010 Republican convention, Linda McMahon received the most delegate votes but not enough to prevent an August primary election. McMahon won the primary with 49% of the vote. Rob Simmons came in second with 28% of the vote, and Schiff came in third with 23% of the vote.

2011

Schiff has testified before Congress twice, in September 2011 and June 2012.

2012

In August 2012, Peter Schiff replaced G. Gordon Liddy in the 10 a.m.–12 p.m. time slot on the Radio America network Internet broadcast.

2014

In an interview with Ron Paul on The Peter Schiff Show in 2014, Schiff had agreed to Paul's non-interventionist approach to foreign policy and was critical of the Iraq War.

2015

On February 12, 2015, Schiff stated, "The degree of debt we have, the degree we are dependent on artificially low interest rates which are obviously unsustainable and the massive trade deficits we have chronically year after year.... These are growing problems that are ultimately going to lead to a U.S. dollar crisis."

2017

While speaking at the Yale Political Union in September 2017, Schiff said "[the minimum wage] limits the ability of the worker to sell his labor... the government sets an arbitrary [price] floor - and let's say the minimum wage is $10 an hour - what the government is saying is if you cannot sell your labor for more than $10 an hour it is illegal for you to accept employment."

Some Peter Schiff images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.