Age, Biography and Wiki
Mitchell Wade was born on 6 June, 1963. Discover Mitchell Wade's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 61 years old?
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Age |
61 years old |
Zodiac Sign |
Gemini |
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6 June 1963 |
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6 June |
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We recommend you to check the complete list of Famous People born on 6 June.
He is a member of famous with the age 61 years old group.
Mitchell Wade Height, Weight & Measurements
At 61 years old, Mitchell Wade height not available right now. We will update Mitchell Wade's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Mitchell Wade Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Mitchell Wade worth at the age of 61 years old? Mitchell Wade’s income source is mostly from being a successful . He is from . We have estimated
Mitchell Wade's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
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Under Review |
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Mitchell Wade Social Network
Timeline
Wade founded the defense contracting firm MZM Inc. (since renamed Athena Innovative Solutions Inc.), in 1993. On February 24, 2006, he pleaded guilty to paying then Rep. Randy "Duke" Cunningham (R. Calif.) more than $1 million in bribes in exchange for millions more in government contracts. Wade was one of four co-conspirators mentioned in Cunningham's plea agreement of November 28, 2005. In addition to Wade, the three other co-conspirators are: Brent R. Wilkes, founder of San Diego-based ADCS Inc.; New York businessman Thomas Kontogiannis; and John T. Michael, Kontogiannis' nephew.
In June 2005, it was revealed that Wade had bought Cunningham's house in Del Mar, California for $1,675,000. A month later, Wade placed it back on the market where it remained unsold for eight months until the price was reduced to $975,000. Cunningham was a member of the Defense Appropriations Subcommittee and shortly after the purchase, Wade began to receive tens of millions of dollars' worth of defense and intelligence contracts.
Later in June, it was further reported that the yacht that Cunningham lived on while he was in Washington was owned by Wade, and that Cunningham was paying only for maintenance, not rent. The Federal Bureau of Investigation launched an investigation regarding the real estate transaction. Cunningham's home, MZM's Corporate Offices and Wade's home were all simultaneously raided by a number of federal agencies with warrants on July 1, 2005.
The paper also noted: "The member identifiable as Harris received $32,000 in illegal donations from Wade and his employees in 2004. Documents filed with Wade's plea say that he took Harris to dinner early last year, where they discussed the possibility of another fundraiser and the possibility of getting funding for a Navy counterintelligence program in the member's district. One source familiar with the inquiry said Harris made such a request for funding, but it was not granted."
The Washington Post reported: "The congressman identifiable as Goode received $46,000 in such disguised contributions in 2003 and 2005, the court papers said. That was part of about $90,000 Wade and his workers contributed to Goode. Wade then asked the member to request appropriations for an MZM facility in his district, the Wade papers said, and a Goode staff member confirmed to Wade that the bill would include $9 million in funding."
A spokeswoman for Harris, who as Florida's secretary of state played a key role in the 2000 disputed presidential election between George W. Bush and Al Gore, said she had given the $52,000 she received from MZM employees to charity.
Wade graduated from American University. He married Christiane D. Shipley on June 6, 1999. Shipley graduated from Wake Forest University in 1990. Wade has three children from a previous marriage, Matthew, Zachary and Morgan, and two with Shipley. The Wades used to live in Great Falls, Virginia.
The money and favors provided to Cunningham were in exchange for helping win Pentagon work. Government procurement records show that MZM, which Wade started in 1993, did not report any revenue from prime contract awards until 2003, but starting in May 2002 they were awarded contracts in the tens of millions of dollars which then grew to well over $150 million.
Mitchell J. Wade (born June 6, 1963) is an American defense contractor implicated in the events that led to the 2005 resignation of U.S. Representative Randy "Duke" Cunningham.