“Is Peter Schiff related to Adam Schiff?” is one of the most often asked questions concerning the two notable Americans. Determine whether they are related or if their last name is the only thing they share in common. Peter Schiff is a stockbroker, radio presenter, and financial analyst from the United States.
He is also the CEO and Chief Global Strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut.
Adam Schiff is an American lawyer, author, and politician who has been a member of the United States House of Representatives from California since 2001.
Peter Schiff’s Parents and Siblings
Peter Schiff was born on March 23, 1963, in New Haven, Connecticut, to a middle-class Jewish family.
Peter’s parents were Irwin and Ellen Schiff.
Andrew Schiff is his younger brother.
During WWII, his father, the son of a Jewish immigrant from Poland, served in the United States Army.
Schiff’s parents divorced when he was a small child.
The former U.S. Senate candidate moved around the country with his mother and brother.
The trio began their journey in Connecticut, Manhattan, and Florida.
They eventually settled in Southern California.
Why Was Peter Schiff’s Father Imprisoned? Is Irwin Schiff still alive?
Irwin(Peter Schiff’s Father) was an American libertarian and tax resister who rose to prominence after printing and sharing articles claiming the income tax in the United States was illegal and unconstitutional.
Several civil and criminal trials concluded in favor of the federal government over Schiff.
Schiff was sentenced to 151 months in prison (12 years and 7 months) on February 24, 2006.
At the time, he was 78 years old.
The court also ordered him to pay restitution to the IRS in the amount of $4.2 million.
Schiff was also sentenced to an additional year in prison for contempt of court.
Schiff died on October 16, 2015, according to the Federal Bureau of Prisons.
Due to these legal rulings, Schiff was serving a sentence of 162 months (13.5 years) in a hospital jail at the time of Irwin’s death at the age of 87.
Collection of Peter Schiff’s Net Worth
According to Celebrity Net Worth, Peter Schiff’s net worth is $70 million.
He began his professional career as a stockbroker after earning a degree in accounting and finance from the University of California-Berkeley.
Peter is a stockbroker as well as a member of several financial services firms, including full-service bank Euro Pacific Bank, independent investment advisor Schiff Gold (previously Euro Pacific Precious Metals), and precious metals dealer Euro Pacific Asset Management.
Mr. Schiff and his wife of a few years, Lauren Schiff, live in Puerto Rico.
The financial expert and his wife have three children, two sons, and a daughter.
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Is Peter Schiff related to Adam Schiff in any way?
There is no relationship between Peter Schiff and Adam Schiff.
For a long time, there has been suspicion regarding their relationship.
In October 2019, the Connecticut-born securities dealer took to Twitter to dispel allegations about his relationship with the Massachusetts-born politician.
Peter stated that he is unrelated to Adam Schiff. The finance analyst even contemplated altering his surname.
“To be clear, I am not related to Adam Schiff. If he keeps this up, I might have to change my surname!”
