There’s no doubt that the Maxwell name was once known all over the world because of the family’s stronghold in the publishing industry. However, the family has since been shrouded in infamy that will never be forgotten. After all, British proprietor/ patriarch Robert Maxwell was reportedly in extreme debt when he mysteriously passed away, plus his daughter Ghislaine Maxwell is now a convicted sex offender. Though it seems like some other members, like Kevin Maxwell, are only interested in doing good, here’s what we know about him if you want to find out more.
How Did Kevin Maxwell Earn His Money?
Elisabeth Maxwell (née Meynard), who was born in France and is an expert on the Holocaust, and Robert Maxwell, who was born in Czechoslovakia and lives in Britain, were happy to have their son Kevin in 1959. He is actually the second youngest of nine siblings. Two of them died when they were young, but he is often called their backbone because he is the smartest in every way. This is shown by the fact that he graduated from Marlborough College and then got into the famous Oxford University. After that, he went to work for the family business.
In fact, by the time his admittedly domineering father passed in November 1991, Kevin was proudly serving as the Chairman of Maxwell Communications Corporation and Macmillan Incorporated. So, he and his brother Ian, who was three years older, took over the whole press conglomerate when they were both 32. However, they were soon arrested for Robert’s debts and pension fraud. Since he was a business executive in the inner circle, he was expected to know a lot about their finances, but it seemed like he didn’t k now the full extent of the problem.
Kevin had no choice but to file for bankruptcy in 1992 after a court said that Robert’s heirs were responsible for his debts, which were reportedly forgiven after the three years required by law. But he couldn’t move on with his life until he was cleared of the charges against him in 1996. After that, he started his own telecommunications company called Telemonde. This organisation was undoubtedly his attempt to step out of his father’s dark shadow while also restoring his family’s original legacy, yet to no avail — it imploded by the time 2001 rolled around.
In less than five years of business, Telemonde had racked up more than £100 million (about $124 million today) in debts, which forced Kevin to file for another bankruptcy. This one was lifted in 2005, and the businessman then decided to jump right into the world of high-end properties, specifically high-end commercial estates like the Earls Court Exhibition Centre. But alas, he was unsuccessful here too; an inquiry led to his disqualification from being a business director for eight years in 2011, driving him to co-establish Combating Jihadist Terrorism in 2018.
Kevin Maxwell’s Net Worth: Combating Jihadist Terrorism, or CoJiT, is a non-profit think tank that Kevin and his brother Ian started in order to learn more about extremism in all of its forms. But while his older brother is currently Co-Director of the organisation with Mohamed Amersi, his younger brother doesn’t seem to be a part of its active executive or research team. He seems to prefer staying out of the spotlight. Based on what we know about his family history and how his career has gone, the 63-year-old divorced father of seven seems to have a net worth of close to $5 million.
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