Erik Prince Net Worth is$2.4 Billion
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Profession: Entrepreneur, Businessperson

Date of Birth: Jun 6, 1969

Country: United States of America

Erik Prince is originally from Michigan, but is currently living in Abu Dhabi, and has an estimated net worth of $2.4 billion dollars. Erik Prince was the founder and owner of the military company, XE, also known as Blackwater Worldwide, which carried out highly secretive government operations. It came under scrutiny in 2007 and Prince stepped down as its head in 2009.
Erik Dean Prince (born June 6, 1969) is a former U.S. Navy SEAL notable for founding the world's largest private military company, Blackwater Worldwide, in 1997. He served as CEO until 2009 and later as chairman until Blackwater was sold in 2010 to a group of investors. Prince currently lives in United Arab Emirates.
Erik Prince was born in Holland, Michigan to Edgar D. Prince and Elsa Broekhuizen. Prince is the youngest of four children. Both his parents share Dutch heritage (the family name, Prins, was at some point anglicized to Prince).[citation needed]
Prince and his father toured the world together, visiting the German concentration camp Dachau, a divided Berlin, and Normandy. According to his mother, these trips "made a big impression" on the young Prince.
Prince received a B.A. from Hillsdale College. During his time at Hillsdale, Prince served as a volunteer firefighter and as a cold-water diver for the Hillsdale County Sheriff's Department. Prince eventually became an emergency medical technician.
In 1990, Prince secured a low-level internship in the White House under George H. W. Bush, but soon left to intern for California Congressman Dana Rohrabacher, Reagan's former speechwriter and ex-freedom fighter against the Soviets in Afghanistan. Rohrabacher described Prince as "a bright, driven young man." Soon after, at the age of 21, Prince volunteered to search for a mass grave in Nicaragua, to expose killings under leftist president Daniel Ortega and succeeded in finding "...a mass grave: bones sticking out of the ground, hands tied with wire at the wrists.".
After Hillsdale College, Prince was commissioned as an officer in the United States Navy via Officer Candidate School in 1992. He went on to become a Navy SEAL and deployed with SEAL Team 8 to Haiti, the Middle East, and the Balkans. He credits the SEALS for being an outlet for his entrepreneurial spirit.
Prince ended his Navy service prematurely in 1995 when his father died. Prince's

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Erik Prince Latest News

Erik Prince offers Pentagon a way out of Afghanistan

On Monday, the US Secretary of State Rex Tillerson spoke about the Trump administration’s views on the war in Afghanistan. Tillerson said: · We’ve had now three sessions within the National Security Council exploring a full range of ...
Posted: August 10, 2017, 1:00 am

Inside Erik Prince’s secret proposal to outsource the war in Afghanistan

Businessman and Blackwater founder Erik Prince has been shopping around Washington a detailed proposal for replacing thousands of American soldiers in Afghanistan with contractors from foreign countries led by a “viceroy” with almost unfettered power ...
Posted: August 9, 2017, 2:01 am

Inside Trump’s Tortured Search for a Winning Strategy in Afghanistan

It also created an opening for outsiders pitching new ideas — including Silver and Erik Prince, the founder of the controversial private security firm Blackwater (now Academi) — to turn the tide of the war. Prince has recently won some converts in the ...
Posted: August 20, 2017, 12:49 am

Erik Prince's Plan to Privatize the War in Afghanistan

Erik Prince thinks he can turn around the war in Afghanistan, and he’s got a PowerPoint deck to explain the whole thing. The Blackwater founder brought it with him to the Corner Bakery on North Capitol Street in Washington last Thursday, printed out and ...
Posted: August 18, 2017, 1:55 pm

Erik Prince’s Afghanistan Plan Could Boost His Company — And China

Blackwater founder Erik Prince, the brother of Education Secretary Betsy DeVos, has been promoting a plan in major media outlets to turn the war in Afghanistan over to private military contractors. But largely missing from the debate about Prince’s plan ...
Posted: August 9, 2017, 10:44 am
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