Up next
Author
Tags

Allen Weisselberg, former Trump Organization finance chief, faces sentencing at Manhattan Criminal Court on April 10 in New York City.

Allen Weisselberg is an American businessman known for his role as Chief Financial Officer (CFO) at the Trump Organization.

Key Takeaways

  • Allen Weisselberg faced legal troubles, pleaded guilty, and was sentenced to prison in 2022 and 2024.
  • Allen Weisselberg’s net worth is estimated at $1 billion due to his role and ties to wealthy families.
  • Weisselberg’s career started as an accountant in 1973, became CFO in 2000, and also served on the Trump Foundation board.
  • Weisselberg grew up in Brooklyn, attended Thomas Jefferson High School, and graduated from Pace University in 1970.

He began his career with Fred Trump in 1973 and rose to become the Trump Organization’s CFO by 2000.

Allen faced legal troubles, pleading guilty to various charges, including tax fraud and perjury.

In 2022, he received a five-month jail term, followed by a ban from financial roles in New York corporations for three years.

In 2024, Weisselberg admitted to perjury, leading to another five-month prison sentence. His cooperation helped convict the Trump Organization of tax fraud.

Allen Weisselberg Net Worth: How Rich Was Trump’s CFO?

Allen Weisselberg’s net worth is estimated to be $1 billion.

His ties to one of America’s wealthiest families have played a significant role in contributing to this wealth.

Forbes noted that during Donald Trump’s presidency, the Trump Organization earned nearly $2 billion in revenue, suggesting Weisselberg received a sizable salary.

He has been serving in the Trump Organization for more than a decade. Allen’s longstanding tenure within the company highlights his deep involvement in its operations and financial affairs.

Apart from his corporate responsibilities, Weisselberg managed the household expenses of the Trump family.

Additionally, he served as one of the trustees for a New York-based revocable trust alongside Donald Trump.

These various positions and responsibilities contributed to his accumulated wealth, indicating that his assets and earnings amounted to around those figures.

Insights On Allen Weisselberg Career Details

Weisselberg began his journey with Fred Trump in 1973 as an accountant, eventually rising to the position of company controller by the late 1980s.

His role expanded significantly when he was appointed Chief Financial Officer and Vice President of Trump Hotels & Casino Resorts in 2000.

Concurrently, he served as a board member and treasurer of the Donald J. Trump Foundation.

However, in a 2017 deposition, Weisselberg claimed unawareness of his board membership for over a decade.

His influence within the Trump Organization was further highlighted when, shortly before Donald Trump’s presidential inauguration, Weisselberg was entrusted to manage the company alongside Eric Trump and Donald Trump Jr.

As trustees, Weisselberg and Trump Jr. held exclusive knowledge of the trust’s financial details, as indicated by a summary of trust arrangements from February 2018.

FAQs

1. Where did Allen Weisselberg grow up and study?

Allen Weisselberg grew up in Brooklyn, New York, where he attended Thomas Jefferson High School. He later graduated from Pace University in 1970, majoring in accounting.

2. Who is Allen Weisselberg married to?

Allen Weisselberg is married to wife Hillary Weisselberg. The couple tied the knot in New York, United States.

3. What brought Allen Weisselberg into the limelight?

Allen Weisselberg gained attention for his conviction in a trial of misconduct. The judge ordered him to pay nearly $2 million in taxes, punishment, and interest as alimony.