Age, Biography and Wiki

Jacob Ostreicher was born on 7 February, 1959 in Brooklyn, New York, is an American businessman and investor (born 1959). Discover Jacob Ostreicher'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 65 years old?

Popular As N/A
Occupation Businessman, investor
Age 65 years old
Zodiac Sign Aquarius
Born 7 February, 1959
Birthday 7 February
Birthplace Brooklyn, New York
Nationality United States

We recommend you to check the complete list of Famous People born on 7 February. He is a member of famous Businessman with the age 65 years old group.

Jacob Ostreicher Height, Weight & Measurements

At 65 years old, Jacob Ostreicher height not available right now. We will update Jacob Ostreicher's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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 David Ostreicher Violet Ostreicher
Wife Not Available
Sibling Not Available
Children Not Available

Jacob Ostreicher Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Jacob Ostreicher worth at the age of 65 years old? Jacob Ostreicher’s income source is mostly from being a successful Businessman. He is from United States. We have estimated Jacob Ostreicher'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 Businessman

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Timeline

1959

Jacob Ostreicher (born February 7, 1959) is an American businessman and investor.

Ostreicher was born in Brooklyn, New York, in 1959 to David and Violet Ostreicher, both Orthodox Jews.

He has 2 children and 7 grandchildren.

2008

A group of investors, including Ostreicher and Geneva lawyer Andre Zolty, invested at least $25 million in a rice farming project in Bolivia in 2008.

Zolty stated that the idea originally came from Claudia Liliana Rodriguez who he had worked with in Geneva.

The investors became concerned with irregularities and suspected that Rodriguez was cheating them.

Ostreicher was dispatched to Bolivia to handle the situation, and pursued criminal charges against Rodriguez.

The investors also state that Rodriguez became involved in a romantic and financial relationship with a drug trafficker by the name of Maximiliano Dorado.

2010

Dorado was arrested in 2010, and was imprisoned in Brazil.

2011

In June 2011, he was arrested in Santa Cruz, Bolivia, while overseeing a rice growing agricultural venture that he had invested in, and was jailed for 18 months on suspicion of money laundering, though he was never formally charged.

Ostreicher maintained his innocence and stated that the allegations by the Bolivian government were "the scam of the century".

His family and friends initiated a public effort to plea for his release, and actor-activist Sean Penn visited Ostreicher in Bolivia and pledged to work for his release.

On June 4, 2011, after an initial investigation, Ostreicher was arrested for suspicion of money laundering and criminal organization.

The prosecutors also claimed that one of the investors, Andre Zolty, was under investigation in Switzerland, however, the Swiss authorities have denied this.

Rodriguez has also been arrested.

Ostreicher was imprisoned at Palmasola prison.

Ostreicher was brought before a judge who after several hearings ordered for him to be released on September 23, 2011.

However the judge reversed his decision a week later.

A month later the judge was promoted and a new judge was assigned to the case.

Following several postponements, the second judge recused himself from the case; no other judge had yet to be assigned.

A marriage certificate showing Ostreicher was married in Bolivia was entered into evidence during the September 23 hearing.

Ostreicher denied that he was married to a Bolivian.

Since Ostreicher was arrested in early June 2011, the 18-month mark occurred in early December 2012.

Ostreicher appeared in a hearing on Tuesday, December 11, and the judge ordered that the case be sent back to the lower court.

Actor Penn was present at the hearing.

On December 18, Ostreicher was released from prison on $14,000 bail and was placed under house arrest.

Fifteen people, including prosecutors, government officials, and the judge who originally had Ostreicher imprisoned, were arrested in what authorities say was an extortion ring.

They include:

2012

On December 18, 2012, Ostreicher was released from prison on $14,000 bail and placed under house arrest.

Bolivian officials were later arrested for what authorities state was an extortion ring.

Ostreicher was visited by actor Sean Penn on October 31, 2012.

Bolivian law allows for imprisonment without charge for 18 months during the investigative phase.

A rally was held for Ostreicher in front of the Bolivian Mission in New York City on May 3, 2012.

The rally was arranged by Brooklyn Assemblyman Dov Hikind.

On May 3, 2012, supporters of Ostreicher initiated an online petition on the White House We the People website requesting the Obama Administration to assist in the effort to free Jacob.

A total of 25,000 signatures were needed by June 2, 2012, in order to submit the petition to the White House; this requirement was met.

Representative Chris Smith (R-NJ) held a hearing in the Congress on June 6, 2012, to investigate the role that the United States Department of State has played in helping free Jacob from Bolivia.

2013

On December 16, 2013, Ostreicher arrived in the United States after 30 months in Bolivia.

It was unclear how he managed to flee the country.

2019

As of December 2, 2019, 35,958 people signed the petition.