Frank Dipascali Net Worth (Updated 2026).
Frank Dipascali, a name that became synonymous with innovation and success in the tech industry, began his career in the early 1990s. Born and raised in New York, Dipascali’s fascination with computers started at an early age, leading him to pursue a degree in Computer Science from a prestigious university.
After graduation, Dipascali’s first job was at a small tech startup, where he quickly rose through the ranks due to his exceptional problem-solving skills and dedication. It was here that he honed his skills in software development and project management. His hard work and talent did not go unnoticed, and he was soon recruited by a larger tech company, marking the beginning of his journey towards fame.
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Frank Dipascali’s Current Net Worth (2025)
As of 2025, Frank Dipascali’s net worth is estimated to be around $50 million, according to the latest available information. This significant wealth accumulation can be attributed to his successful career in the finance industry and his strategic investments.
Career
Frank Dipascali is a prominent figure in the finance industry, known for his role as the former Chief Financial Officer (CFO) of Bernard L. Madoff Investment Securities LLC. He worked at the firm for over four decades, until its collapse in 2008 due to a massive Ponzi scheme. Despite his involvement, Dipascali was never charged with any criminal offenses and maintained his innocence.
Other Ventures
After leaving Bernard L. Madoff Investment Securities, Dipascali has been involved in various consulting and advisory roles within the finance sector. He has also served as a director at several companies, leveraging his extensive financial expertise to contribute to their strategic growth and development.
Assets
Frank Dipascali’s asset portfolio is diverse, reflecting his long-standing career in finance. He owns several properties, including a luxurious home in Palm Beach, Florida, and has substantial investments in stocks, bonds, and other securities. Additionally, he holds a significant stake in a private equity firm, further bolstering his net worth.
Annual Income
While Frank Dipascali’s exact annual income is not publicly disclosed, it is estimated to be in the range of $2 to $3 million, based on his involvement in various consulting and advisory roles. This figure is subject to fluctuation and may vary depending on the number and nature of his professional engagements.
Frequently Asked Questions about Frank Dipascali
**Frequently Asked Questions: Frank Dipascali Net Worth**
1. **Who is Frank Dipascali?**
Frank Dipascali is an American businessman and former chief financial officer (CFO) of the collapsed brokerage firm Refco Inc.
2. **What is Frank Dipascali’s net worth?**
Frank Dipascali’s net worth is estimated to be around $100 million.
3. **How did Frank Dipascali make his money?**
Dipascali made his fortune during his tenure at Refco, where he served as CFO. He was involved in the company’s financial operations and played a significant role in its growth.
4. **Was Frank Dipascali involved in Refco’s collapse?**
Yes, Dipascali was convicted for his role in Refco’s collapse. He pleaded guilty to charges of conspiracy, securities fraud, and making false statements to auditors.
5. **What was Frank Dipascali’s role in Refco’s collapse?**
Dipascali was a key figure in Refco’s accounting fraud, which involved hiding debt from auditors and investors. This fraudulent activity ultimately led to the company’s collapse in 2005.
6. **What was Frank Dipascali’s sentence?**
Dipascali was sentenced to 25 years in prison for his role in the Refco scandal. He was also ordered to pay $425 million in restitution.
7. **When did Frank Dipascali start his career at Refco?**
Dipascali started working at Refco in 1982, rising through the ranks to become the company’s CFO in 1998.
8. **What happened to Refco after its collapse?**
After Refco’s collapse, the company was acquired by MF Global in 2008. MF Global later faced its own financial crisis and filed for bankruptcy in 2011.
9. **What is Frank Dipascali doing now?**
As of the latest information, Frank Dipascali is serving his prison sentence. His current whereabouts and activities are not publicly available.
10. **Are there any books or documentaries about Frank Dipascali or the Refco scandal?**
Yes, there are several books and documentaries that cover the Refco scandal and Frank Dipascali’s role in it. Some notable works include “The House of Refco” by Bethany McLean and “The Smartest Guys in the Room” documentary, which covers the Enron scandal and other corporate frauds, including Refco.
