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What Was Robert Flaxman\u2019s Net Worth?<\/h2>\n
Between $5 million and $17 million<\/strong> is the range of estimates for Flaxman’s net worth at the time of his passing. His real estate development company reportedly had a $600 million portfolio under its management prior to his arrest, according to The Real Deal.<\/p>\n The Daily Beast claims that Flaxman was a flamboyant real estate tycoon who occasionally went by the identity Robert Emerald, drove around in Rolls Royces, dated a Playboy model, and attended extravagant pool parties in Beverly Hills. The Los Angeles Times reported in 2020 that Flaxman sold off two of his nearby Beverly Hills mansions for $34 million after completing his prison term.<\/p>\n Related:\u00a0Marcus Lemonis Net Worth: How Much Has American Entrepreneur Made This Year?<\/a><\/strong><\/p>\n In the Varsity Blues incident, Flaxman was found guilty along with 47 other parents. Lori Loughlin from Full House and Felicity Huffman<\/a> from Desperate Housewives were two other names mentioned. Flaxman acknowledged working with William Singer to fix his daughter’s ACT score so that she would be accepted to the University of San Francisco.<\/p>\n The daughter of Flaxman graduated earlier this year despite the legal dispute.<\/p>\n Following a month in jail and a year of probation, Flaxman entered a guilty plea. Along with this, he was also required to pay a $50,000 fine and perform 250 hours of community service. At the time, Flaxman told the Wall Street Journal that he made the payment in order for his daughter, who had previously struggled as a teenager, to continue on the right path. He believed that her enrollment in college would provide the structure she required.<\/p>\n Related:\u00a0George Clooney Net Worth: How Does George Make and Spend His Millions?<\/a><\/strong><\/p>\n The Los Angeles County coroner’s office reports that Robert Flaxman<\/a>, a 66-year-old real estate developer from Beverly Hills who admitted guilt to federal charges related to a widespread college admissions fraud three years ago, committed suicide in his Malibu home.<\/p>\n Flaxman was discovered dead at his home in the 3200 block of Serra Road at about 10:15 a. Related:\u00a0Martin Lorentzon Net Worth: What is the Real Worth of the Co-founder of Spotify?<\/a><\/strong><\/p>\n![\"robert](\"https:\/\/newjerseylocalnews.com\/wp-content\/uploads\/2022\/10\/Robert-Flaxman.jpg\")
<\/p>\nThe College Admissions Scandal<\/h2>\n
![\"robert](\"https:\/\/newjerseylocalnews.com\/wp-content\/uploads\/2022\/10\/GettyImages-1130156851.webp\")
<\/p>\nCollege Admissions Scandal Co-Conspirator Dead by Suicide<\/h2>\n
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m. on October 20. He was involved in the same widespread admissions fraud that resulted in prison time for Lori Loughlin and Oscar-nominated actress Felicity Huffman. His suicide was determined to be the cause of death by the coroner’s office, according to a report published by The Real Deal on Wednesday.<\/p>\n![\"robert](\"https:\/\/newjerseylocalnews.com\/wp-content\/uploads\/2022\/10\/maxresdefault-2022-10-28T100140.424.jpg\")
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