Erik Prince is a former US Navy SEAL and a successful businessman in the United States. He founded Blackwater USA, which is today known as Academi, a private military contractor. Up until 2009, Erik was the company’s CEO. Erik Prince has a net worth of almost $2 billion as of 2022.
According to reports, Erik Prince is charging $6,500 a ticket for flights out of Kabul, Afghanistan, using a rented jet.
| Full Name | Erik Prince |
| Birth Date | June 6, 1969 |
| Birth Place | Holland, Michigan, U. S. |
| Profession | Founder of Blackwater USA, Military defense contractor |
| Wife | Stacy DeLuke |
| Net Worth | $2 billion |
Early life
On June 6, 1969, Erik Prince was born in Holland, Michigan, in the United States. His parents, Edgar D. Prince and Elsa had him as their youngest child. Prince Corporation creates by his father, a businessman. He took a globe trip with his father, including Normandy’s battlefields and Germany’s Dachau concentration camp.
Betsy DeVos, Prince’s older sister, was Secretary of Education in the United States. He went to Holland Christian High School for his secondary school study. For three semesters, he was a student at the US Naval Academy. In 1992, he enrolled at Hillsdale College and graduated with a Bachelor’s degree in economics.
While in Hillsdale, Price volunteered as a volunteer fireman and cold-water diver for the Hillsdale County Sheriff’s Department. He went on to work as an EMT later in life. He began working as an intern at the White House under former President George W. Bush after a few years, in 1990. He was commissioned as a United States Navy lieutenant after graduating from college in 1992.
Erik Prince Net Worth & Career
Prince quickly rose through the ranks of the Navy SEALs and was sent to Haiti with SEAL Team 8. He left the US Navy in 1995 and relocated to Virginia Beach. He established Blackwater Worldwide, a private military firm, in 1997. From 1997 to 2010, government security contracts brought around $2 billion for the corporation. Blackwater quickly rose to the top of the private security industry, providing 987 guards to embassies and military locations across the world.
After Blackwater workers murdered 17 Iraqi civilians and critically injured over 20 others in Baghdad in 2009, Prince’s business, Blackwater, lost a $1 billion contract. After the Iraqi government declined to renew Blackwater’s operating license, he lost his contract to secure American diplomatic staff.
On March 2, 2009, Prince resigned as the company’s CEO. He did, however, stay chairman of the board of directors until late 2010, when the firm was sold to a group of investors. After being employed by Abu Dhabi’s crown prince in 2010, he went to Abu Dhabi. He assisted UAE in establishing Reflex Responses when he was there.
Erik Prince Fame
Until April 13, 2021, Erik was the CEO of the private equity business Frontier Resource Group. In addition, he was the chairman of Frontier Services Group Ltd, a Chinese-African security aviation firm. In April 2019, Prince presented Khalifa Haftar with a proposal worth $80 million, in which he was tasked with supplying airplanes and other military assets. The project was, however, terminated in June of 2019.
Prince has recently made headlines when it was revealed that he intends to charge $6,500 per seat to travelers flying from Kabul, Afghanistan on a chartered evacuation airplane. Prince went on to say that the fee will cover the cost of getting into the airport as well as the cost of flying out. If travelers need to go to the airport from inside the capital city, they will have to pay a higher fare.
Erik Prince Personal Life
Erik Prince is a three-time married man. He married Joan Nicole in 1991 for the first time. Joan, his first wife, died of cancer in 2003, leaving him with four kids. Joanna Ruth Houck was his bridesmaid in 2004. When his wife was dying, he began having an affair with Joanna, the nanny for his children.
In 2012, Prince divorced Joanna and married Stacy DeLuke, a former Blackwater spokesman. From his three marriages, Prince has a total of seven kids.
Erik Prince Net Worth
Erik Prince is to have a net worth of roughly $2 billion by 2022. Prince has been giving to political and philanthropic organizations in a significant way. Between 1998 and 2007, he gave more than $200,000 to Republicans. He also gave Donald Trump’s presidential campaign $250,000 in 2016.
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