Erik Prince Net Worth 2020, Biography, Early Life, Education, Career and Achievement

Erik Prince Net Worth 2020, Biography, Early Life, Education, Career and Achievement

Erik Prince Net Worth –  Erik Prince is an American businessman and former US Navy SEAL who has a net worth of $2.4 billion dollars.

Erik Prince was the founder and owner of the military company, XE, also known as Blackwater Worldwide, which carried out highly secretive government operations.

It came under scrutiny in 2007 and Prince stepped down as its head in 2009. Much of Prince’s fortune comes from an automotive accessory empire started by his grandfather.

Erik Prince Net Worth

Bio

Prince was born on 6 June 1969, in Holland, Michigan. His parents are Edgar D. Prince, father and his wife, Elsa (Zwiep), and the youngest of four children. He graduated from Holland Christian High School.

Prince was accepted into the United States Naval Academy and attended it for three semesters before leaving, citing that he loved the Navy but disliked the Academy. He went on to receive his B.A. in economics from Hillsdale College in 1992.

Some sources say Prince dropped out of the Naval Academy, while others say he transferred to Hillsdale. During his time at Hillsdale, he served as a volunteer firefighter and as a cold-water diver for the Hillsdale County Sheriff’s Department. Prince eventually became an emergency medical technician.

In 1990, Prince secured a low-level internship in the White House under George H.W. Bush but soon left to intern for California congressman Dana Rohrabacher, President Ronald Reagan’s former speechwriter. Rohrabacher described Prince as “a bright, driven young man.”

At the age of 21, Prince volunteered to search for a mass grave in Nicaragua, to expose killings under President Daniel Ortega and later said that he had found one.

Personal Life

Erik Prince lives in both Middleburg, Virginia and Abu Dhabi, United Arab Emirates. He converted to Catholicism in 1992 and describes himself as a practicing member of the church. Prince’s first wife, Joan Nicole, died of cancer in 2003 at age 36.

They had four children. Prince later confirmed that he had an affair with Joanna Ruth Houck, his children’s nanny, while his wife was dying.

Prince and Houck married in 2004 and divorced in 2012. He is currently married to Stacy DeLuke,[ a former Blackwater spokeswoman.

Career

After completing his college education, Prince was commissioned as an officer in the United States Navy via Officer Candidate School in 1992. He went on to become a Navy SEAL and deployed with SEAL Team 8 to Haiti, the Middle East, and the Balkans.

Prince credits the SEALs for being an outlet for his entrepreneurial spirit. In his autobiography, he states that during the Yugoslav Wars in the early 1990s, he realized the need for private training facilities for special operations.

Prince ended his U.S. Navy service prematurely in 1995 when his father died. Erik assumed control of daily operations at Prince Machine Corporation for a year until 1996 when his mother sold the company for $1.35 billion in cash to Johnson Controls.

Еrіk Рrіnсе

Аwаrdѕ & Асhіеvеmеntѕ

Еrіk Рrіnсе’ѕ асhіеvеmеnt іѕ funсtіоnіng аѕ СЕО оf gоvеrnmеnt ѕеrvісеѕ аnd ѕесurіtу fіrm nаmеd аѕ Вlасkwаtеr UЅА tіll thе уеаr 2009 аnd ѕubѕеquеntlу аѕ сhаіrmаn. Не іѕ а сhаіrmаn оf Frоntіеr Ѕеrvісеѕ Grоuр Ltd.

Net Worth 

Аѕ оf Јаnuаrу 2020, Еrіk Рrіnсе hаѕ аn еѕtіmаtеd nеt wоrth оf $2.5 bіllіоn. Не hаѕ mаdе mоѕt оf hіѕ fоrtunе wіth hіѕ саrееr аѕ аn еntrерrеnеur аnd рrеvіоuѕlу ѕеrvіng аѕ а U.Ѕ. Nаvу ЅЕАL оffісеr.

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