Robert Flaxman Net Worth At The Time Of His Death

Robert Flaxman net worth: This is one of the questions that people ask the most about Robert Flaxman and although they always end up answering it on other pages with an “I don’t know, you know” or “it depends” if there are some estimates that various web portals mention.

At the time of his passing, Robert Flaxman’s net worth was believed to be $8 million to $17 million. according to many predictions, they have predicted that Robert Flaxman net worth is about $12 million.

Name: Robert Flaxman
Net Worth: $8 million and $17 million
Date Of Birth: 1942
Place of birth: Los Angeles, California, United States.
Age: 66 years old
Last Updated: 2022

Robert Flaxman Death

Robert Flaxman, a real estate entrepreneur from Southern California who admitted to a federal fraud conspiracy charge for using deceit to get his daughter into college, has passed away. The Real Deal already reported on his demise. No details about the funeral are available online right now.

66-year-old Mr. Flaxman committed suicide on October 20, according to the Los Angeles County Medical Examiner-Coroner. In 2019, Mr. Flaxman, the CEO of Crown Realty & Development in Costa Mesa, California, was one of more than thirty parents accused of the extensive Varsity Blues investigation.

He acknowledged working with a dishonest college advisor to manipulate his daughter’s ACT score by paying $75,000 to a test proctor. In October 2019, he received a sentence of one month in jail, one year of probation, 250 hours of community service, and a $50,000 fine.

In late 2019, he completed his sentence at a federal prison in Arizona. In 2020, Flaxman started selling the mansions he owned in Beverly Hills, with a $34 million price tag on each one.

The Mountain Shadows Resort in Paradise Valley and the Montelucia resort in Scottsdale were both built by his company. (From 2007 until 2015, when it sold to Westroc Hospitality and Woodbine Development Corp., who made the resort as it is now, Crown-owned and attempted to rebuild the Mountain Shadows site.)

After a protracted legal struggle, Crown Realty finally prevailed to construct a 96.5-acre plot of property for the City North neighborhood in Desert Ridge, north of Phoenix. For state-owned land that was worth more than $120 million, the real estate company paid $54 million.

In 1887, Robert married Jane Flaxman at the wedding venue when he was 22 years old; around 1867, Jane was born in Limehouse, London, England. Their family of six consisted of Alice Flaxman, Rose Eleanor Flaxman, and the other four children.

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