Netflix has just released the documentary series Madoff: The Monster of Wall Street! The newest series focuses on Bernie Madoff, the con artist and banker who orchestrated the greatest Ponzi scam in history.
Ruth Madoff is the wife of banker Bernie Madoff, who pled guilty to running the world’s biggest Ponzi scam. In 2021, Ruth’s husband Bernie died away at the age of 82.
Bernie Madoff was an American convicted of financial fraud who died in April 2021 after serving a jail sentence for a fraudulent financial scam.
Ruth Madoff, the wife of the famed financier Bernie Madoff, was never prosecuted in the case. They have two children together. Continue reading to delve further into Ruth Madoff’s personal and professional life.
When did Ruth’s husband Bernie Madoff die?
In 2021, Bernie Madoff, the financier who admitted to perpetrating the greatest Ponzi scam in history, died at the age of 82. The Bureau of Prisons announced at that time that Bernie had passed away.
In a statement, Bernie Madoff’s attorney claimed, “Bernie lived with regret and remorse for his misdeeds until his death.” It continued, “While the crimes for which Bernie was convicted have come to define him, he was also a parent and a spouse. He was a gentleman with a refined brain. Bernie was not an ideal guy. But no man is.”
Here’s all you need to know about Ruth Madoff
Ruth Madoff is the spouse of con artist Bernie Madoff. She was born in Queens, New York, on May 18, 1941. Currently, she is 81 years old. Her father Saul Alpern was a certified public accountant who went away in 1999 at the age of 95, while her mother Sara Alpern passed away in 1996 at the age of 92.
Ruth was raised in a practicing Jewish household in the past. She has a single sister named Joan Roman. Soon after graduating from Far Rockaway High School, she earned a psychology degree from Queens College. In 1992, she graduated from New York University with a Master of Science in nutrition shortly thereafter.
When did Ruth and Bernie Madoff get married?
In 1959, Bernie Madoff and Ruth Madoff tied the knot. The wedding took place on November 28, 1959. She was just 18 years old at the time, whilst he was 21. While attending Far Rockaway High School, they crossed paths for the first time. Ruth was three years younger than Bernie.
How many children do Ruth and Bernie Madoff have?
Bernie and Ruth welcomed two boys at the same time. In 1964, the couple welcomed their first child together, son Mark Madoff. In 1966, their second child, Andrew Madoff, entered the world.
According to several media reports, the couple’s University of Michigan graduate son Mark committed himself in 2010, two years to the day of his father’s imprisonment.
According to reports, he apparently committed himself by hanging himself in the living room of his $6 million SoHo apartment.
Mark was 46 years old when he passed away. He previously worked at a trading desk at his father’s company, which was unrelated to the Ponzi scam. He was married and has a son.
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Andrew, the couple’s younger son, also worked at the trading desk of Bernie’s business, exactly like his older brother Mark. He passed away in 2014 due to cancer. He died at the age of 48 at a hospital in New York City.
In 2003, Andrew was first diagnosed with a rare kind of cancer (mantle cell lymphoma), but the disease went into remission.
In October 2012, the sickness returned, and he blamed the recurrence on the stress of living with his father, Bernie’s swindle. He fathered two children with two separate women.
How did Ruth Madoff describe her husband Bernie Madoff?
According to a report by NBC, Ruth was forced to surrender her remaining $70 million in assets after her husband Bernie Madoff was sentenced to 150 years in prison. During an interview with Today in 2011, she discussed her spouse Bernie and declared that she did not miss him.
Ruth stated at that time, “The perpetrator of all this is behind the prison.” Ruth claimed in a 2011 interview with CBS that after hearing her husband’s confession, the couple attempted suicide.
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Ruth told the media source, “I don’t know whose idea it was, but we agreed to commit suicide since the situation was so terrible.” For decades, she was completely unaware of her husband’s Ponzi scheme. She was never prosecuted in connection with her husband’s infamously infamous Ponzi scam.
Ruth distanced herself from her husband Bernie after his Ponzi scam was exposed, although she never divorced him. After Bernie received his sentence, she was required to turn over $70 million in residual assets to the authorities.
Ruth left New York City following her husband’s incarceration and spent two years in Florida with her sister before relocating to one of her son Andrew’s residences in Greenwich, Connecticut.
According to the New York Post, she moved into a one-bedroom condo in Old Greenwich in 2017. Since that time, she has avoided the limelight. Currently, almost little is known about her health or life.
All About “Madoff: The Monster of Wall Street”
The four-part documentary series Madoff: The Monster of Wall Street chronicles the meteoric rise and collapse of Bernie Madoff, the infamous American financier, and Ponzi schemer.
Netflix’s official description of the series reads: “With an innovative visual approach, Madoff: The Monster of Wall Street is a four-part financial thriller that reveals the truth behind Bernie Madoff’s infamous multibillion-dollar global Ponzi scheme and how a willfully blind financial system allowed it to flourish for decades.”
Joe Berlinger, a filmmaker nominated for an Academy Award, is the director of the series. Jeff Hutchens was the cinematographer for the four-part crime-thriller miniseries, while Serj Tankian composed the soundtrack.
The limited documentary series has been executive produced by Joe Berlinger, Jim Campbell, Jon Doran, Samantha Grogin, Jen Isaacson, Jon Kamen, and Eve Rodrick.
Who portrays Madoff: The Monster of Wall Street in the Netflix series?
Joseph Scotto, a critically recognized actor, portrays convicted banker Bernie Madoff in the Netflix film Madoff: The Monster of Wall Street.
The series also features Cris Colicchio as Peter Madoff, Donna Pastorello as Eleanor Squillari, Stephanie Beauchamp as Jodi Crupi, Kevin Delano as Andrew Madoff, Alex Olson as Mark Madoff, Isa Camyar as Frank DiPascali, Alicia Erlinger as Annette Bongiorno, Sarah Kuklis as Ellen Hales, and many others.
The crime-drama series Madoff: The Monster of Wall Street is currently available exclusively on Netflix. Then why are you still waiting? Go and view it. The criminal documentary series was released on the streaming giant’s platform on January 4, 2023.
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Have you yet watched the new Netflix series Madoff: The Monster of Wall Street? Please share your opinions on the series in the comments area below if you have watched it. Don’t forget to stay tuned for the newest information from the entertainment industry.
