Steve Madden is a well known fashion designer, who is known as the owner of the footwear company, called Steven Madden. Steve has more than 100 stores in all the United States. He also has stores in other countries all over the world. Steve is also known for having such clothing lines as Freebird by Steven, STEVEN by Steve Madden and Madden Girl. During his career, Steve has received many awards. Some of them include Footwear News Person of the Year Award, Nordstrom “Partners in Excellence” Award, Footwear News Company of the Year Award and many others. Despite the success Steve had, he was also involved in some serious problems with the law, as several lawsuits were filed against Steve Madden. In 2002 Steve even was sentenced to 41 months in prison. So how rich is Steve Madden? It is estimated that Steve’s net wort is $120 million. It could be said that even the problems with the law did not affect Steve’s net worth a lot. There is also a chance that Steve Madden’s net worth will become even higher.
Steve Madden Net Worth $120 Million
Steve Madden was born in 1958, in New York. Steve created his own company in 1990, when he created his first company, which was located at 52-16 Barnett Ave. Long Island City, New York. At the beginning of this company, Steve sold his shoes from his car. Later he improved his company and this allowed Steve Madden’s net wort to become a lot higher. Steves shops are really popular and he was able to create many stores not only in the United States but also in other countries. Now his name is known all over the world. As it was said before, Steve has also created different Steve Madden lines and this also made Madden’s net wort grow. Even when Steve was in the Federal Prison Camp he was able to earn about $7 thousand per month. In 2015 Steve was released from prison and stayed at the New York City halfway house. After leaving this house he had to stay at home for a certain period. Despite these restrictions Steve was able to take care of his business and improve it.
In addition to this, Steve appeared in the movie, called “The Wolf of Wall Street”. There he met Leonardo DiCaprio, Kyle Chandler, Margot Robbie, Rob Reiner, Jon Bernthal and many others. If to talk about his personal life, it could be said that Steve Madden is married to Wendy Ballew, with whom he has worked before. They have 3 children. All in all, it could be said that Steve Madden is a really successful and popular fashion designer. His name and production is very famous and this allowed him to gain acclaim and a lot of money during his career. There is a high chance that Steve Madden’s net worth might grow in the future as he is still continuing his career and will probably do this for a long time in the future.
