Age, Biography and Wiki
Porter Stansberry (Frank Porter Stansberry) was born on 18 December, 1972 in Maryland, is a writer. Discover Porter Stansberry'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 51 years old?
Popular As |
Frank Porter Stansberry |
Occupation |
Financial publisher, Founder Stansberry Research |
Age |
51 years old |
Zodiac Sign |
Sagittarius |
Born |
18 December, 1972 |
Birthday |
18 December |
Birthplace |
N/A |
Nationality |
United States |
We recommend you to check the complete list of Famous People born on 18 December.
He is a member of famous writer with the age 51 years old group.
Porter Stansberry Height, Weight & Measurements
At 51 years old, Porter Stansberry height is 1.81m .
Physical Status |
Height |
1.81m |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
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.
Family |
Parents |
Not Available |
Wife |
Not Available |
Sibling |
Not Available |
Children |
Not Available |
Porter Stansberry Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Porter Stansberry worth at the age of 51 years old? Porter Stansberry’s income source is mostly from being a successful writer. He is from United States. We have estimated
Porter Stansberry'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 |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
writer |
Porter Stansberry Social Network
Instagram |
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Twitter |
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Facebook |
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Wikipedia |
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Imdb |
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Timeline
In June 2017, Stansberry Research Publications began publishing a financial/political online opinion magazine, American Consequences, which ostensibly is intended to be, "a new, online magazine about what's really happening in American finance… and what's about to happen next." The Editor in Chief was libertarian journalist, humorist and commentator, P. J. O'Rourke. Stansberry is listed as a contributing editor. The free publication includes many ads for Stansberry publications and seminars.
In 2011, Stansberry produced a 77-minute promotional video titled The End of America. Adam Wiederman of The Motley Fool referred to The End of America as a mixture of valid points and hyperbole.
Porter Stansberry claimed to have made a number of successful financial market predictions. In June 2008, Porter claims that he predicted that Fannie Mae and Freddie Mac would go bankrupt in the next 12 months, as well as going on to say that he positioned his clients to profit by shorting stocks, and that he does not know of any other firm that "more accurately forecasted" or warned that the financial crisis was coming. By September 2008, both mortgage companies were placed into government conservatorship.
In 2008, Stansberry released a "tip" to his subscribers to invest heavily in gold. The full heading was "Why You Must Buy Gold, or Even Better, Silver, Now".
On May 16, 2006, Stansberry's childhood friend and coworker Rey Rivera went missing and was later found dead inside the Belvedere Hotel. The case was portrayed in the Netflix reboot of Unsolved Mysteries.
In 2002, Stansberry sent out an email offering to sell for $1,000 the name of a company purportedly about to obtain a contract to dismantle nuclear weapons for Russia. The Securities and Exchange Commission sued him in 2003 on this basis and for his newsletters containing "nothing more than baseless speculation and outright lies", accusing him of a "scheme to defraud public investors by disseminating false information in several Internet newsletters." The case went to trial in 2005, and a federal court found that Stansberry had sent out a newsletter to subscribers predicting one company's stock, USEC Inc., would increase by over 100%. Stansberry maintains his information came from a company executive; the court ruled he fabricated the source. The verdict was upheld on appeal. The court rejected Stansberry's First Amendment defense, saying "Stansberry's conduct undoubtedly involved deliberate fraud, making statements that he knew to be false." In 2007, U.S. District Court Judge Marvin J. Garbis ordered Stansberry and his investment firm, then called "Pirate Investor", to pay $1.5 million in restitution and civil penalties for defrauding "public investors by disseminating false information in several Internet newsletters."
Frank Porter Stansberry is an American financial publisher and author. Stansberry founded Stansberry Research (previously Stansberry & Associates Investment Research), a private publishing company based in Baltimore, Maryland, in 1999. He is the author of the monthly newsletter, Stansberry's Investment Advisory, which covers investments and investment theory in commodities, real estate, and the stock market. Stansberry is also the creator of the 2011 online video The End of America, in which he predicts the imminent collapse of the United States. In 2002, the SEC brought a case for securities fraud, and a federal judge fined him $1.5 million in 2007.
In 1999, Stansberry founded Stansberry Research, a private publishing company based in Baltimore, Maryland.