Ruth Madoff
| Ruth Madoff | |
|---|---|
| Born |
Ruth Alpern 18 May 1941 Queens, New York, U.S. |
| Nationality | American |
| Alma mater |
New York University Queens College |
| Years active | 1960–present |
| Spouse(s) | Bernard Madoff (m. 1959) |
| Children | Mark Madoff (1964–2010) Andrew Madoff (1966–2014) |
Ruth Madoff (née Alpern; born May 18, 1941) is the wife of Bernie Madoff, the convicted American financial fraudster. She was director of Bernard L. Madoff Investment Securities.
Madoff was born in Queens, New York and raised in Laurelton, to a practicing Jewish family. She has one sister, Joan (Alpern) Roman. She is a graduate of Far Rockaway High School and a 1961 graduate of Queens College. In 1992, Madoff graduated from New York University with a Master of Science degree in Nutrition.
On November 28, 1959, at age 18, she married Bernard "Bernie" Madoff, whom she had met while attending Far Rockaway High School. She worked for some time as her husband's bookkeeper.
Bernard and Ruth Madoff had two sons: Mark (March 11, 1964 – December 11, 2010; suicide), a 1986 graduate of the University of Michigan, and Andrew (April 8, 1966 – September 3, 2014; lymphoma), a 1988 graduate of University of Pennsylvania's Wharton Business School.
On the morning of December 11, 2010 — exactly two years after his father's arrest — Mark was found dead in his New York City apartment. The city medical examiner ruled the cause of death as suicide by hanging.
According to a March 13, 2009, filing by Madoff, he and his wife were worth up to $138 million, plus an estimated $700 million for the value of his business interest in Bernard L. Madoff Investment Securities LLC. Other major assets included securities ($45 million), cash ($17 million), half-interest in BLM Air Charter ($12 million), a 2006 Leopard yacht ($7 million), jewelry ($2.6 million), Manhattan apartment ($7 million), Montauk home ($3 million), Palm Beach home ($11 million), Cap d' Antibes, France property ($1 million), and furniture, household goods, and art ($9.9 million).
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