Age, Biography and Wiki

Steve Madden (Steven Madden) was born on 23 March, 1958 in Queens, New York, U.S., is an American fashion designer and businessman. Discover Steve Madden'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 Steven Madden
Occupation Fashion designer · Businessman
Age 65 years old
Zodiac Sign Aries
Born 23 March, 1958
Birthday 23 March
Birthplace Queens, New York, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 23 March. He is a member of famous fashion designer with the age 65 years old group.

Steve Madden Height, Weight & Measurements

At 65 years old, Steve Madden height not available right now. We will update Steve Madden'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

Who Is Steve Madden's Wife?

His wife is Wendy Ballew (m. 2005-2015)

Family
Parents Not Available
Wife Wendy Ballew (m. 2005-2015)
Sibling Not Available
Children 3

Steve Madden Net Worth

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

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Timeline

1958

Steven Madden (born March 23, 1958) is an American fashion designer and businessman.

He is the founder and former chief executive officer of Steven Madden, Ltd., a publicly traded company.

He was forced to resign as an executive following a conviction for financial crimes.

Madden was born in Far Rockaway, Queens, the son of a Jewish mother and an Irish Catholic father.

He grew up in adjoining Lawrence and graduated from the local high school in Nassau County, New York.

After high school, Madden studied at the University of Miami for two years before returning to Long Island.

1990

The youngest of three brothers, he started Steven Madden, Ltd. with $1,100 in 1990 by selling shoes out of the trunk of his car.

Madden's financial affairs were closely entangled with Long Island "pump and dump" brokerage house Stratton Oakmont, cofounded by Madden's childhood friend Danny Porush, who first lent him money to expand his fledgling company, and then underwrote its initial public offering.

2000

In June 2000, a class action lawsuit was filed against Madden for issuing materially false and misleading statements during the Class Period.

2001

In 2001, the SEC filed charges against Madden in Federal Court in New York state, alleging SEC violations.

Because the violations were not criminal in nature, the SEC was seeking to recover $1,637,000 in a combination of illegally avoided losses, interest, and a civil penalty.

2002

In 2002, Madden was convicted of stock manipulation, money laundering, and securities fraud.

He was sentenced to 41 months in prison, and was made to resign as CEO from Steven Madden, Ltd. and from the board of directors.

Shortly after resigning as CEO, Madden set himself up as a creative consultant with Steven Madden, Ltd., a position for which he drew $700,000 annually even when he was in prison.

Madden served time in the Federal Prison Camp, Eglin, at Eglin Air Force Base, and later the Coleman Federal Correctional Complex, near Ocala, Florida.

2004

A settlement of $9 million was reached in 2004.

2005

Madden was released from prison in April 2005.

He then attended a New York City halfway house.

Madden's attorney, Joel Winograd, said that Madden would stay at the house for 60 days.

After his release from a halfway house, he was restricted to home confinement for a period.

Since Madden was released from prison in 2005, the company quickly rebounded, increasing revenue by nearly $100 million in 2006 to $475.1 million.

That same year, Steven Madden, Ltd. was named 'Company of the Year' for the second time at the Footwear News Achievement Awards.

With Madden currently serving as the founder and design chief, the company continues to show growth year-over-year reporting $1.9 billion in revenue for FY2021.

Madden contributed to The Doe Fund, a charity devoted to working on the causes of homelessness, addiction, and criminal recidivism.

Steve Madden (played by Jake Hoffman) is featured in the Martin Scorsese film The Wolf of Wall Street, which is based on the Jordan Belfort memoir of the same name.

In the movie, Madden is seen visiting Stratton Oakmont, where Belfort gives the brokers a rousing pep talk about pushing Madden's stock.

Madden admits to having abused alcohol and various drugs, and later attended court-ordered rehabilitation.

Madden married Wendy Ballew, his former director of operations, in 2005 after he was released from prison.

The couple have three children, twins Jack and Stevie Madden, and Goldie Ryan Madden.

2015

The couple divorced in 2015.