Age, Biography and Wiki

Irving Picard was born on 26 June, 1941 in Fall River, Massachusetts, is an American lawyer. Discover Irving Picard'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 82 years old?

Popular As N/A
Occupation Attorney
Age 82 years old
Zodiac Sign Cancer
Born 26 June, 1941
Birthday 26 June
Birthplace Fall River, Massachusetts
Nationality United States

We recommend you to check the complete list of Famous People born on 26 June. He is a member of famous Attorney with the age 82 years old group.

Irving Picard Height, Weight & Measurements

At 82 years old, Irving Picard height not available right now. We will update Irving Picard's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
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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.

Family
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Wife Not Available
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Irving Picard Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Irving Picard worth at the age of 82 years old? Irving Picard’s income source is mostly from being a successful Attorney. He is from United States. We have estimated Irving Picard's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Attorney

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Timeline

1938

In August 1938, Julius and Claire Picard immigrated with their children from Mainz in Nazi Germany to the United States.

They settled in Fall River, where their third son, Irving, was born.

1941

Irving H. Picard (born June 26, 1941) is a partner in the law firm BakerHostetler.

He is known for his recovery of funds from the Madoff investment scandal from investors, Bernie Madoff and his family, and their spouses and estates.

Throughout the ordeal, Picard's law firm was paid approximately $1 billion.

Picard was born in Fall River, Massachusetts, and is Jewish.

His parents were Julius Picard (a doctor born in Lauterbourg, France) and Claire Dreyfuss (born in Kaiserslautern, Germany).

Irving's uncle Moritz Cahn, a lawyer in Frankfurt/Main, Germany, committed suicide, with his wife, in 1941 to avoid the concentration camps.

1963

Picard graduated from the University of Pennsylvania with a B.S. degree in Economics (1963) from Boston University School of Law with a J.D. degree (1966), and from the New York University School of Law with an LL.M. degree (1967).

1970

In the 1970s, he was variously Assistant General Counsel, Acting Chief Counsel, and Trial Attorney in the Division of Corporate Regulation of the Securities and Exchange Commission.

1982

He was admitted to the New York Bar in 1982, and has been in private practice since then.

2008

He joined the law firm of BakerHostetler as a partner in 2008.

In 2008, U.S. District Judge of the Southern District of New York Lawrence McKenna appointed Picard trustee of assets seized by the court from Bernard Madoff.

Since then, Picard has led the recovery of funds from the Madoff investment scandal.

He and his team have been overseeing the liquidation of Bernard Madoff's firm in bankruptcy court, and have so far recovered over $13 billion — about 76 percent of approved claims — by suing those who profited from the scheme even if those individuals were unaware or uncharged.

Kathy Bazoian Phelps, a lawyer at Diamond McCarthy, said "That kind of recovery is extraordinary and atypical", as clawbacks in such schemes range from 5 percent to 30 percent, and many victims do not get anything.

Picard has successfully pursued not only investors, but also spouses and estates of those who profited, such as the widow and estate of the deceased Stanley Chais, and the widow and estate of the deceased Jeffry Picower, with whom he reached a $7.2 billion settlement (the largest civil forfeiture payment in US history).

His most notable case was Ruth Madoff, the wife of Bernard Madoff.

"You don’t take this job if you're thin-skinned", Picard once said.