Tom Petters Net Worth

$50,000

Tom Petters, a famous American businessman, has a net worth of $50 thousand. Despite his initial success as the chairman and CEO of Petters Group Worldwide, he was convicted of massive business fraud in 2009 and is currently serving a 50-year federal sentence for operating a Ponzi scheme worth $3.65 billion.

Key facts:

  • Tom Petters was the chairman and CEO of Petters Group Worldwide.
  • He started a mail-order stereo company called Ear Electronics while still in high school.
  • Petters founded Amicus Trading, which later became The Petters Company.
  • He started Petters Warehouse Direct, a company that sold closeout and overstock merchandise.
  • Petters teamed up with Fingerhut Companies Inc. to start a new online store.

Basic Information About Tom Petters

CategoryBusiness β€Ί Criminals
ProfessionsEntrepreneur, Tailor, Businessperson
Net worth$50,000
Date of birth1957-07-11 (66 years old)
Place of birthSt. Cloud
NationalityUnited States of America
GenderMale
Social Mediaβ†—οΈŽ Wikipedia

Tom Petters Famous Network

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