Conrad Moffat Black, is a Canadian-born former newspaper magnate, writer, and peer in the British House of Lords. He was born on August 25, 1944, in Montreal, Quebec, Canada.
Black was the founder and former CEO of Hollinger International, a media company that owned newspapers around the world, including the Chicago Sun-Times, The Daily Telegraph in London, and The Jerusalem Post.
In 2007, he was convicted in the United States of fraud and obstruction of justice related to the misappropriation of company funds, and was sentenced to six and a half years in prison.
Conrad Black Net Worth: How much does Conrad Black make?
It’s difficult to determine Conrad Black’s current net worth because his financial situation has changed significantly over the years.
At his peak, Black’s estimated net worth was around $400 million due to his ownership of Hollinger International, which was a major media company with a large number of assets.
However, after Black’s conviction for fraud and obstruction of justice in 2007, he faced significant legal fees and financial penalties, as well as the loss of his stake in Hollinger International. It’s believed that his net worth declined substantially as a result of these factors, although it’s unclear by how much.
In recent years, Black has returned to writing and has authored several books. While it’s possible that he has earned income from these books, his current net worth is not publicly available and may be difficult to estimate given his past legal troubles and financial difficulties.
source:nsemwokrom.com