Allen Howard Weisselberg is an American businessman and the Chief Financial Officer for the Trump Organization. Weisselberg is one of Donald Trump’s most trusted people regarding the Trump Organization’s business ventures.
Early Years of Allen Weisselberg
Allen Weisselberg was born into a Jewish family in Brooklyn, New York. He grew up in Brownsville and graduated high school in 1965. Weisselberg’s high-school yearbook had his future occupation listed as an accountant. Allen Weisselberg eventually graduated with a degree in accounting from Pace College in 1970.
The Career of Allen Weisselberg
Straight out of college, Allen Weisselberg would find himself working for Fred Trump, father of his future boss Donald. He worked as the personal accountant of the former before joining the Trump organization in the 80s. Towards the end of the decade, Allen Weisselberg worked for then CFO of Trump organization, Stephen Bollenbach. He was selected to be the chief financial officer and vice-president of Trump Hotels & Casino Resorts. Despite being one of the most high-profile employees of
the Trump Organization since the 80s, Weisselberg has been able to keep a low-key presence in the media. Many have speculated this to be a part of Trump’s business scheme as keeping Weisselberg out of the limelight helps the Trump executive to carry out Trump’s personal transactions without any breaking news.
Weisselberg has also been known to be very hard on the debtors of the Trump Organization. He reportedly found a minor clerical error in of such debtors’ firm and threatened the company of public defamation if it wanted its money back. Weisselberg’s expertise also led him to be the treasurer of the Donald J. Trump Foundation and a board member of the Miss Universe Team. Allen has also been known to carry out personal transactions for the whole Trump Family.
After Donald Trump’s Presidential Election
Following Donald Trump’s win in the 2016 Presidential Election, Weisselberg was promoted to be one of the trustees of the Trump Organization along with Eric Trump and Donald Trump Jr. Eric Trump was later demoted to the post of the advisor which left Eric and Weisselberg as the sole trustees of the multi-billion dollar company. It was reported that only Eric and Allen are aware of Trump Trust’s finances in detail besides Donald Trump. Besides it, Weisselberg had arranged for the Trump Organization to pay Michael Cohen a $35,000 monthly retainer fee after the lawyer had paid adult film star Stormy Daniels hush money before the 2016 Presidential Elections. He was later subpoenaed to testify in Cohen’s criminal probe in front of a grand jury in United States District Court for the Southern District of New York.
His loyalty towards Donald Trump has been noted by many people working with the Trump organization. Donald Trump himself once said that Weisselberg knows how to get things done. Trump also selected Weisselberg as a guest judge for the seventh episode of The Apprentice’s second season. Weisselberg has also been known to decline many interview opportunities.
The Personal Life & Net Worth of Allen Weisselberg
Allen Weisselberg has been married to his wife, Hillary for the last 48 years. The couple lived in Long Island but has since moved to Weisselberg’s home borough of Brooklyn.
Allen Weisselberg’s net worth has been kept hidden from the general public although it is widely believed that the Brooklyn native has millions in assets.
Interesting Facts about Allen Weisselberg
- Allen Weisselberg reportedly did not know about Stormy Daniels while arranging Michael Cohen’s payment.
- Allen is by far the most influential non-Trump in the Trump Organization.
