Keith Raniere net worth: How much is his net worth

Publish date: 2024-04-19

Keith Raniere’s net worth will b discussed in this article as we explore how much is his net worth in consonance with what netizens are searching for.

Keith Raniere is an American cult leader who was convicted of a pattern of racketeering activity, including human trafficking, sex offences, and fraud.

On August 26, 1960, Raniere was born in Brooklyn, New York, the sole child of Vera Oschypko (January 19, 1931 – December 13, 1978) and advertising executive James Raniere (May 9, 1932 – April 10, 2020).

Raniere’s family moved from Brooklyn to Suffern, New York, when he was five years old. His parents split up when he was about eight years old.

Raniere attended Rockland Country Day School after finishing ninth grade at Suffern High School. He received his diploma in June 1978, two months before turning eighteen.

Raniere claimed to have read Second Foundation, a book by Isaac Asimov with a theme of mind control when he was 12 years old. He cited the book as being the inspiration for his work on NXIVM as an adult. Raniere earned a 2.26 GPA and graduated from Rensselaer Polytechnic Institute in 1982.

Raniere spent the 1980s working for Amway, a multi-level marketing organization. In 1990, Raniere established Consumers’ Buyline Inc. (CBI), a buying club that provided discounts in exchange for recruiting new members. Raniere first met Toni Natalie, along with her then-husband, during a CBI pitch meeting. Toni Natalie then rose to the position of top salesman for the company.

In order to be close to Raniere, Natalie and her kid later relocated to Clifton Park, New York; her marriage terminated soon after. Following that, Natalie and Raniere dated for eight years.

When CBI started to falter in 1993, authorities in twenty different states started looking into the company. A lawsuit was brought by New York, which claimed CBI was a pyramid scheme.

Keith Raniere net worth: How much is his net worth

Keith Raniere’s net worth is $5 Million. He co-founded NXIVM, a supposedly self-help multi-level marketing business with its headquarters in Albany, New York, and a personal development seminar division. NXIVM was active from 1998 until 2018 and at its peak had 700 members, including famous people and the affluent.

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