Efraim Diveroli Net Worth

Efraim Diveroli Net Worth, Career, Early Life, Age, Business Ventures, Facts, and many more details are covered in this article. American businessman and entrepreneur Efraim Diveroli has established himself in the global arms trade and has e net worth of $15 million.

What is Efraim Diveroli Net Worth?

Former American arms trader Efraim Diveroli was born in Israel. He was a significant American weapons contractor through his business, AEY Inc. Defence Department. David Packouz, Diveroli’s business partner, was well-known and transparent about their operations. Additionally, they are the newest American lords of war ever.

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Efraim Diveroli’s net worth is projected to be around $15 million as of 2023.

His role in a contentious arms sale with the US government is what makes him most well-known.

This article will examine his early life, net worth in 2022 and 2023, factors impacting his net worth, business initiatives, and impact on the market. His net worth has significantly increased over the years as a result of his commercial endeavours.

Who Is Efraim Diveroli?

Efraim Diveroli had the wits to make sure things didn’t go off without a hitch and the instinct for success. first, absolutely.

The biggest weapons, the biggest profits, and the worst collapse.

In his career, Efraim Diveroli has experienced spectacular highs and mind-numbing lows because of his desire to veer off the beaten path. Also, check Wes Atamian’s Net Worth.

From laughing and smoking marijuana on the beach to partying with strippers, spending a lot of money on cocaine and champagne that is even more expensive than cocaine.

With just one laptop and a 300-square-foot workstation, he got started. His business strategy never went out of style: find a market niche and exploit it.

He stood out since he was still a young man when the money started pouring in. Efraim also created a splash when his dubious business practices came to light. After all, is said and done, his net worth is still very large.

Efraim Diveroli Biography

The son of Ateret and Michael Diveroli, Efraim Diveroli was born on December 20, 1985, in Miami Beach, Florida. His relatives are Orthodox Jews. His uncle, the famous rabbi Shmuley Botach, and his grandfather, Yoav Botach, were both wealthy landowners in Los Angeles.

He was raised in a Jewish household and went to a Jewish day school. He had a tremendous interest in business and money and was a voracious student. He established his first company, a travel agency, at the age of 15. He finally rose to prominence as an effective arms trader, earning millions of dollars in the process.

His business, AEY Inc., was a significant weapons supplier to the United States. Defence Department. After AEY sent 42-year-old poor and inoperable Chinese ammunition and sought to rebrand and repackage it, breaking the American arms embargo against China, the U.S. government suspended AEY for breaching its contract.

The United States Army started a study of its contracting practices as a result of the publicity surrounding the contract and the age of the arms dealers, Diveroli was 21 and partner David Packouz was 25 at the time AEY won the ammo sale.

Efraim Diveroli Age

Our analysis indicates that the birthday is December 20, 1985. The age at this time is 37. He was born in Miami Beach, Florida, in the United States, according to our study.

Efraim Diveroli’s Height and Weight

He is 1.8 meters tall. The 80 kg is the weight. The most recent weight is available here. The weight fluctuates from time to time.

Efraim Diveroli Relationship

Our records indicate that Efraim Diveroli may be single and has never been engaged. Efraim Diveroli hasn’t been dating anyone as of January 12, 2023.

Efraim Diveroli has no known relationships in the past. You might assist us in compiling Efraim Diveroli’s date records!

Diveroli received a four-year federal prison term. He is the focus of the 2016 Todd Phillips dramedy movie War Dogs as well as a 2016 memoir written in collaboration with convicted fraudster Matthew Cox.

Efraim Diveroli Personal Life

During the time he was awaiting trial, Efraim Diveroli continued his business. He was sentenced to four years in jail on January 4, 2011, after entering a guilty plea to one count of conspiracy.

He was given an additional sentence, though, because he was armed while out on bond. Due to his assistance with the prosecution’s investigation, his overall sentence was reduced.

A former coworker of Diveroli David Packouz received a seven-month home arrest sentence.

Efraim Diveroli Career

Efraim bought the previous printing company AEY, Inc.

As a teenager, he joined forces with two buddies who later became coworkers to grow the business into a huge success.
Diveroli used one laptop and logged onto Fedbizopps.com, a website that lists open federal contracts that are available for fulfillment, from a location that hardly qualifies as an office.

Diveroli started networking because he realized that the government was probably searching for ways to save costs everywhere it could.

The internet is both a wonderful and perilous place.

Diveroli looked deep into it to find individuals from all over the world who might be able to assist him in his endeavours.

The names on the list include active and retired military officers, smugglers, warlords, kingpins, and other currently active government contractors.

He would enter into agreements with them, not always being completely honest about the funding provided to him by the US government, and pocket the difference once the deal was done.

Before Diveroli was old enough to drink, his company had contract revenue in the eight figures (although others claim he was still high most of the time).

The good times ended when it was revealed that Diveroli had attempted to pull a fast one in order to secure the infamous $300 million agreement.

Due to his breach of contract, Efraim received a jail sentence.

If he hadn’t helped investigators in countless other cases, he would have served a lot longer in prison.
He was caught by undercover federal agents for trying to sell unneeded ammo while unlawfully carrying a pistol while on bail.

The Rise of AEY Inc

Efraim Diveroli began his career in the armaments trade by persuading his father to sell him his old firm, a little printing operation with negligible revenues. The corporation, AEY, Inc., was a fictitious entity.

Before inviting his former business associate David Packouz, Diveroli, an arms dealer, quickly established a reputation for himself in the field. His net worth was about $1.8 million at the time.

Diveroli was supplying militias in Afghanistan and Iraq with aftermarket weaponry. He was browsing solicitations on fbo.gov, also known as FedBizOpps, a government website where contracts and other kinds of opportunities are offered while working from his laptop in a Miami flat.

Diveroli was outperforming all the big businesses, including BAE Systems, Lockheed, and Northrop Grumman. He received a $298 million contract from the Pentagon in 2008 to supply weapons and ammunition to the coalition forces in Afghanistan.

At that time, this trade was very significant. Diveroli begins talks with foreign defense ministers and answers phone calls from senior Army personnel.

The Fall of AEY Inc

After a U.S. government-led inquiry, AEY Inc. was suspended for violating the conditions of its contract and an earlier arms embargo. Following this incident, the US Army started reviewing its contracting practices.

Efraim Diveroli received a four-year prison term, and David Packouz received a seven-month house arrest sentence. His predicted net worth in 2023 will be $15 million.

War Dogs

American black comedy-crime movie War Dogs was released in 2016; it was written by Todd Phillips, Jason Smilovic, and Stephen Chin.

The Todd Phillips comedy/drama War Dogs, starring Jonah Hill as Diveroli and Miles Teller as his accomplice, David Packouz, is based on the research by Canadian journalist Guy Lawson for Rolling Stone and tells the story of Diveroli’s arms deals.

Efraim Diveroli Wikipedia

Diveroli, at fifteen, made his way back home in March 2001. He told his father he intended to start a company that specialized in selling weapons, ammunition, and defense contracts with the United States after a disagreement with his uncle.

He persuaded his father to sell him a shell company, AEY, Inc., which he had incorporated as a modest printing business but had not done anything with in years and was called after the first initials of him and his siblings.

Diveroli demonstrated a preference for the sale of weapons and rapidly established himself in the business. Diveroli suffered from drug addiction and was also referred to as a “stoner arms dealer” by the media. His youthful age and apparent talent led local media outlets to identify him as an “arms wunderkind.”

On March 27, 2008, the U.S. government suspended AEY Inc. for violating the conditions of its contract; the business was charged with providing ammunition made in China to the Afghan National Army and police in contravention of an earlier arms embargo.

According to United States Army records, the business received more than $200 million in contracts in 2007 to provide ammunition, rifles, and other weaponry. The United States Army started reviewing its contracting practices as a result of the publicity around the transaction.

While Diveroli waited for his conspiracy trial, his business, Ammoworks, continued to sell weapons. He entered a guilty plea to one count of conspiracy in late August 2008, and on January 4, 2011, he was given a four-year prison term.

He received an additional sentence for having a firearm while out on bail, but his overall sentence was lightened for helping with the investigation. David Packouz, Diveroli’s former business partner, was given a seven-month house arrest sentence.

Efraim Diveroli Business Ventures

In the global arms trade, Efraim Diveroli has established a reputation for himself. He has been associated with the US government in a number of contentious arms sales. Additionally, he has made investments in a number of sectors, including real estate, technology, and energy.

He has also launched a variety of companies, including a venture capital firm, a hedge fund, and a travel agency.

Impacts of Efraim Diveroli on the Market

The market has been significantly impacted by Efraim Diveroli. He has been able to invest in a variety of businesses because of the significant sum of money he has made from his business endeavours. His investments have benefited the market since he has been able to increase employment and the economy.

Additionally, he has engaged in a number of charitable endeavours that have benefited society.
American businessman and entrepreneur Efraim Diveroli has established himself in the global arms trade. His commercial efforts and investments have allowed him to collect a sizable amount of cash, and in 2023, his net worth is anticipated to be in the neighbourhood of $30 million.

His investments and commercial efforts have benefited the market because he has been able to increase employment and the economy. Additionally, he has engaged in a number of charitable endeavours that have benefited society.

How Did Efraim Diveroli Make Money?

The main contributor to Efraim’s wealth is his success as an armaments trader. He made a tonne of money during the Iraq War by selling weapons to several nations, including the American government.
When Diveroli was fifteen, he returned to Miami Beach, Florida.

After a disagreement with his uncle, he told his father that he intended to start a company that would sell weapons, ammunition, and military contracts to the American government.

Diveroli persuaded his dad to sell him a company. The company was given a new name and converted into a printing company by Diveroli. Diveroli, however, had other ideas for the organization. He made a name for himself by selling guns. This led him to success at a young age. However, he did battle drug addiction. He was referred to in the media as the “stoner gun dealer.”

During the Cold War, The Globe competed to produce weaponry. Eastern Europe would have been an ideal location to keep weapons if there had been a war with the West. However, as the Cold War came to an end and conflicts decreased, arms dealers started relocating these weapons.

The trades that followed led to the development of the “grey market”. This is a location where both authorized consumers and non-state actors (such as militias or terrorist groups) can obtain weapons through covert deals made by foreign nations.

In order to purchase weapons for the militias it had established in Iraq and Afghanistan, the Pentagon sought to enter this new market. It needs businesses like AEY as proxies because it could not accomplish this on its own.

Diveroli began his career early in life. He had a studio flat in Miami where he worked. This occurred at a period when many weapons were being marketed. He sat on his couch and tried to enter the field alone with just a laptop. He began browsing the government website FedBizOpps, where contracts are listed, for solicitations.

With financial assistance from Ralph Merrill, whom Diveroli did business with while working for his uncle, he initially submitted bids for little projects. Diveroli outperformed larger corporations like Northrop Grumman, Lockheed, and BAE Systems, and by the age of 18, he had amassed a million-dollar fortune. Diveroli, according to Rolling Stone, had “a taste for risk and an ambition that ate him up.”

A $298 million contract from the Pentagon was given to AEY, Inc. for the supply of arms and ammunition to the coalition forces in Afghanistan. This took place as Diveroli’s contracts increased and he built a successful career.

Diveroli soon found himself working for the US government alongside corrupt arms merchants, dishonest diplomats, and “soldiers of fortune”. He met with individuals at embassies, planned with foreign defense ministers, and spoke on the phone with top Army officers.

The U.S. government shut down AEY Inc. on March 27, 2008, because it had broken the terms of its contract. Instead of providing the Afghan National Army and police forces with equipment such as rifles and other weapons as specified in the contract, AEY Inc. had instead provided ammunition made in China. This led to a review of how corporate contracts are awarded in the United States. Army.

The U.S. was not satisfied with the ammo. House Oversight and Government Reform Committee. Additionally, AEY had a track record of breaching agreements. For instance, it sent potentially lethal helmets to Iraq instead of 10,000 Beretta firearms.

Former employees of Diveroli included David Packouz and Ralph Merrill, who at the time served as the organization’s chief financier. They subsequently filed a lawsuit against the business, claiming millions of dollars were owed to them as a result of the agreement with the US government to purchase weapons.

This is how Efraim Diveroli made his money. He established a company selling weapons and ammunition to governments all around the world using the contacts he knew. Unfortunately, he had to perform multiple contracts in questionable ways, and it eventually caught up with him. Efraim Diveroli is thought to be worth $25 million.

Facts Of Efraim Diveroli

• American businessman and armaments dealer Efraim Diveroli.
• His net worth is thought to be $25 million.
• When Efraim was still in high school, he began his business, and by the time he was 18, he was a billionaire.
• Efraim’s business, AEY Inc., was shut down because it broke its agreements with the US government.
• Efraim received a four-year prison term for one conspiracy offense.
• Efraim Diveroli is a weapons dealer and entrepreneur who has amassed a net worth of $25 million through risky and occasionally unscrupulous business dealings. His narrative demonstrates that working hard and taking chances can result in great success, but it also demonstrates what can happen when things don’t go as expected.

Efraim Diveroli In Social Media

Frequently Asked Questions

Where was Efraim Diveroli born?

Efraim Diveroli was born in Miami Beach, Florida, in the United States.

What is Efraim Diveroli’s estimated net worth?

His net worth is $25 million.

What is Age Efraim Diveroli?

Efraim Diveroli is 37 years of age.

What is the birth date of Efraim Diveroli?

Efraim Diveroli was born on December 20, 1985.

Does Efraim Diveroli have a wife?

He is unmarried.

Are David Packouz and Efraim Diveroli still friends?

Former business colleagues Packouz and Diveroli are estranged. “I’m not interested in mentoring any aspiring arms dealers, sorry,” Packouz says of his past. A fan asked Packouz about Diveroli in a movie post.

Is AEY still a company?

The U.S. suspended AEY Inc. on March 27, 2008.

Is Efraim Diveroli a felon?

Diveroli, 24, was arrested Friday in Brevard County, Florida, for possessing weapons as a convicted criminal and while under indictment.

Efraim Diveroli and David Packouz’s net worth?

Former arms trader, singer, and inventor David Mordechai Packouz (born February 16, 1982) is American. Efraim Diveroli’s AEY Inc. hired Packouz in 2005. The corporation has 149 $10.5 million contracts by 2006.

Did Henry pay David Packouz?

Did the real Henry Girard share the Afghan Deal with David Packouz? No. The briefcase of hush money Bradley Cooper offers David Packouz (Miles Teller) may end the movie on a good note, especially for Teller’s character, but it’s fake.
Diveroli’s company AEY, Inc. was awarded a $298 million Pentagon contract to supply weaponry and munitions to the allied forces in Afghanistan after consistently growing his contracts and demonstrating success. Diveroli had to negotiate with foreign defense ministers, corrupt diplomats, and soldiers of fortune to satisfy US government contracts.

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