Profile
American media executive, political strategist, and former investment banker
#39 in Media today
Steve Bannon has a net worth of $72 million as of 2025. Bannon’s wealth has grown a lot in recent years, mainly due to his connection with former President Donald Trump.
Reports suggest that much of this increase comes from big donations by MAGA supporters, his stake in Breitbart, and rumored financial backing from Russia.
Tax records show he has shares in over ten Russian energy companies and owns several assets in Hong Kong.
Political Gains
Prior to 2016, Bannon was just another media executive with assets valued not more than $5 million. He was poorer than the likes of Ben Shapiro and Candace Owens.
During Trump’s first term, he used his office to grant profitable government contracts to his friends in exchange for equity in their businesses.
Donations
During the last three years, Bannon has been subjected to numerous legal cases and is even convicted of a jail term.
Bannon’s team used this development to promote him as a victim of the Biden administration and started to accept donations from Republicans on the pretext of covering his legal fees.
Estimates suggest Bannon has received more than $10 million through such donations, similar to what Kyle Rittenhouse has done.
Steve Bannon Net Worth 2025 (Forbes)
| Net Worth | $72 Million |
| Annual Income | $5 Million |
| Inheritance | $190,000 |
| Anonymous Gifts | $2.61 Million |
| Cash in Bank | $18 Million |
Conviction
Steve Bannon faced legal troubles in recent years, leading to a conviction and a guilty verdict. This proves that his huge net worth is of no use in front of the Law.
In August 2020, Bannon was arrested and charged with fraud related to the “We Build the Wall” campaign, a crowdfunding effort purportedly intended to raise money for constructing a wall along the U.S.-Mexico border.
Prosecutors alleged that despite having such a huge net worth, Bannon and three others defrauded donors, using a significant portion of the funds for personal expenses.
Bannon initially pleaded not guilty and was released on bail. However, his legal battles intensified when he was later found guilty on different charges.
In July 2022, he was convicted of contempt of Congress for defying a subpoena issued by the House Select Committee investigating the January 6 Capitol riot.
The committee sought Bannon’s testimony and documents, but he refused to comply, leading to the contempt charges.
In October 2022, Bannon was sentenced to four months in prison.