|Net Worth:||$15 Million|
|Born:||December 20, 1985|
|Country of Origin:||United States|
|Source of Wealth:||Arms Dealing|
Efraim Diveroli was an American former arms dealer. Under his company AEY inc, he was a major weapons contractor for the U.S. Department of Defense. Diveroli and his partner David Packouz were so famous and open about their business. They are also the youngest American lords of war ever.
As of 2023, Efraim Diveroli’s net worth is estimated to be around $15 million.
Efraim Diveroli’s Net Worth, Career, and Success Story (2023 Update)
Early Life & Biography
Efraim Diveroli was born on December 20, 1985, in Miami Beach, Florida, the son of Ateret and Michael Diveroli. His family is Orthodox Jewish. His grandfather, Yoav Botach, was one of the wealthiest property owners in Los Angeles, and his uncle is celebrity rabbi Shmuley Boteach.
Career & Success Story
The Rise of AEY Inc
Efraim Diveroli started his arms dealing career by Persuading his father to sell him his old company which was a small printing business that didn’t make any noticeable profits. The company was a shell company, AEY, Inc.
Diveroli was an arms dealer that quickly made a name for himself within the industry before inviting his former partner David Packouz. At that time his net worth was around $1.8 million.
Diveroli was dealing aftermarket weapons to militias in Iraq and Afghanistan. He was working in an apartment in Miami with his laptop surfing solicitations on fbo.gov, or FedBizOpps, which is a government website where contracts and other types of opportunities are posted.
Diveroli was beating all the major corporations like Northrop Grumman, Lockheed, and BAE Systems. In 2008, he was awarded a $298 million contract by the Pentagon to provide arms and munitions to the allied forces in Afghanistan. This deal was so big at that time. Diveroli starts negotiating the deal with foreign defense ministers and taking calls from high-ranking Army officials.
The Fall of AEY Inc
After an investigation led by the U.S. government, AEY Inc was suspended for infringing upon the terms of its contract; in violation of a pre-existing arms embargo. After this event, the United States Army began a review of its contracting procedures.
Efraim Diveroli was sentenced to four 4 years in prison and his partner David Packouz was sentenced to seven months’ house arrest. As of 2023, his net worth is estimated to be around $15 million.
War Dogs is a 2016 American black comedy-crime film directed by Todd Phillips and written by Phillips, Jason Smilovic, and Stephen Chin.
The story of Diveroli’s arms deals is the subject of the Todd Phillips comedy/drama film War Dogs, starring Jonah Hill as Diveroli and Miles Teller as his partner, David Packouz, which was based on the reporting done by Canadian journalist Guy Lawson for Rolling Stone.
Efraim Diveroli was always under the cocaine effect and partying all night. They were spending a huge amount of money on alcohol and girls in Miami.
Efraim Diveroli was one of the most successful arms dealers in the world, he made more profit than some of the big corporations. As of 2023, his net worth is estimated to be around $15 million.