Lou Pearlman Net Worth

$-400,000,000

Lou Pearlman, a famous American record producer and talent manager, had a peak net worth of $200 million. However, by the time of his death, he was deep in debt due to one of the biggest Ponzi schemes in American history, leaving him with a net worth of -$400 million.

Key facts:

Lou Pearlman founded Trans Continental Records and launched successful boy bands like the Backstreet Boys and NSYNC.
Pearlman's Trans Continental Records was responsible for selling 130 million records worldwide with the Backstreet Boys and 70 million records with NSYNC.
Pearlman was involved in various scandals, including lawsuits from the acts he managed, financial fraud, and a Ponzi scheme that defrauded investors of over $1 billion.
In 2008, Pearlman was convicted and sentenced to 25 years in prison for conspiracy, money laundering, and making false statements during a bankruptcy proceeding.
Lou Pearlman ultimately died in federal custody in 2016 while serving his prison sentence.

Basic Information About Lou Pearlman

Category	Business › Producers
Professions	Record producer, Businessperson, Confidence artist, Impresario, Entrepreneur, Film Producer, Actor
Net worth	$-400,000,000
Date of birth	1954-06-19
Place of birth	Flushing
Date of death	2016-08-19 (aged 62)
Nationality	United States of America
Gender	Male
Social Media	↗︎ Wikipedia