What is Igor Olenicoff's Net Worth?
Igor Olenicoff's net worth is $3.4 billion dollars which makes him one of the richest people in Florida. Igor Olenicoff earned both his undergraduate and graduate degrees from the University of Southern California. He amassed the majority of his fortune in real estate as the owner of Olen Properties. Olen Properties currently controls 6.4 million square feet of office space and over 12,000 apartments and other residences in Florida, Arizona, and Las Vegas. Mr. Olenicoff met American banker Brad Birkenfeld in Geneva in 2001.
Mr. Birkenfeld had been instructed to persuade wealthy Americans to put their money in Swiss banks, primarily UBS, in order to avoid paying taxes. Mr. Olenicoff took this advice, and it backfired badly. Both he and Mr. Birkenfeld ended up in court. Mr. Olenicoff was charged with tax felony in 2007, paid $52 million in fines, and was sentenced to two years of probation and 120 hours of community service.
