{{Short description|American businessman (1966–2014)}} {{Use American English|date=April 2026}} {{Use mdy dates|date=April 2026}} {{Infobox person | name = Andrew Madoff | image = Andrew Madoff.jpg | alt = | caption = | birth_date = {{Birth date|1966|04|08}}<ref name=nytimes2014-09-03/> | birth_place = Roslyn, New York, U.S.<ref>{{Cite web |date=2014-09-09 |title=Andrew Madoff: Financier who turned in his father Bernie on |url=https://www.independent.co.uk/news/obituaries/andrew-madoff-financier-who-turned-in-his-father-bernie-on-discovering-that-he-was-running-a-massive-fraudulent-trading-scheme-9722303.html |access-date=2023-11-09 |website=The Independent |language=en}}</ref> | death_date = {{Death date and age|2014|09|03|1966|04|08}}<ref name=nhpr2014-09-03/> | death_place = New York City, U.S.<ref name=nhpr2014-09-03/> | other_names = | known_for = Response to his father's fraud | occupation = Financier | spouse = {{marriage|Deborah Anne West|January 1992|2007|end={{abbr|sep.|separated}}}} | partner = Catherine Hooper | children = 2 | father = Bernie Madoff | mother = Ruth Madoff | relatives = {{ubl | Mark Madoff (brother) }} }} '''Andrew Madoff''' ({{IPAc-en|ˈ|m|eɪ|d|ɔː|f}} {{Respell|MAY|doff}};<ref>{{cite web |url=https://pronounce.voanews.com/?searchtype=2&Name2=madoff | title=Voice of America pronunciation guide |publisher=Voice of America | url-status=live |archive-url=https://web.archive.org/web/20110718225319/http://names.voa.gov/SearchAction.cfm?searchtype=2&Name2=madoff |archive-date=July 18, 2011}}</ref> April 8, 1966 – September 3, 2014) was an American financier best known for, alongside his brother, exposing the financial crimes of his father, Bernie Madoff, whose Ponzi scheme has been widely described as the largest and most successful in history.<ref name=nhpr2014-09-03/><ref name=nytimes2014-09-03/><ref name=ApNews2014-09-03/>
==Biography== Andrew earned a bachelor's degree in economics from the University of Pennsylvania in 1988.<ref name=townandcountrymag2017-05-19/> He and his brother Mark worked for their father's firm, but in a division removed from their father's deceptive practices. As markets plunged during the 2008 financial crisis, their father was unable to maintain the deception; they later described how he confessed his ongoing scheme to them and their mother on December 10, 2008.<ref name=nytimes2014-09-03/> Their father asked them to give him 24 hours before going to the police so he could get his affairs in order, but the brothers chose not to; their father was arrested the next day, and the brothers never spoke with him again.
Andrew married Deborah Anne West in January 1992.<ref name=nytimes1992-01-19/><ref name=MadoffMoney/> According to Jerry Oppenheimer's ''Madoff with the Money'', the pair separated in 2007; Madoff later became engaged to Catherine Hooper, claiming that they met after his separation, although that has been disputed. Madoff and Hooper announced their plans to marry and lived together for years, but his divorce had not been completed prior to his death.<ref name=dnainfo2010-10-15/><ref name=thelist2017-08-23/>
Andrew Madoff was diagnosed with cancer in 2003.<ref name=nytimes2014-09-03/> His cancer went into remission, but returned in 2011, which he attributed to stress from the fallout over his father's crimes. Andrew Madoff died while undergoing further cancer treatment on September 3, 2014.<ref name=investmentnews2014-11-24/>
Before his death, Madoff and Hooper set up an agency that specialized in grief counseling.<ref name=nytimes2014-09-03/>
After his death, Reuters described ongoing attempts to sue Andrew Madoff and his brother's estate, in spite of a British court's ruling that the pair were not co-conspirators.<ref name=Reuters2014-09-03/> Irving Picard, trustee for their father's victims, sued Andrew, and sued his brother's estate, on July 15, 2014, a month before he died.<ref name=Nbc2018-10-24/><ref name=Nbc2014-07-15/>
Andrew Madoff retained an estate of $16 million;<ref name=thelist2017-08-23/> his will left a substantial portion of this estate to his wife including a trust fund for his daughter; however, due to the lawsuit, they did not receive the money. In 2017, the lawsuit concluded, and Andrew's estate was left with $1 million.<ref>{{Cite web |date=2017-06-27 |title=Southern District of New York {{!}} More Than $23 Million In Assets Recovered From The Estates Of Bernard Madoff's Sons And From His Daughter-In-Law {{!}} United States Department of Justice |url=https://www.justice.gov/usao-sdny/pr/more-23-million-assets-recovered-estates-bernard-madoff-s-sons-and-his-daughter-law |access-date=2024-05-22 |website=www.justice.gov |language=en}}</ref><ref>{{Cite web |date=June 26, 2017 |title=Madoff sons' estates in $23 million settlement over Ponzi scheme |url=https://www.reuters.com/article/idUSL1N1JN1DP/ |website=Reuters}}</ref>
== Media == The stage production ''RUTHLESS - the tragic Survival of Ruth Madoff'' by Roger Steinmann had its world-premiere in London on June 3, 2025. Although labeled as a 'One-Woman-Trauma', the deceased Andrew is ever-present by an oversized portrait, in addition of his frequent off-stage voice.<ref>{{Cite web |date=June 4, 2025 |title=Ruthless – Arches Lane Theatre, London |url=https://saltertonartsreview.com/2025/06/ruthless-arches-lane-theatre-london/ |website=The Salterton Review}}</ref>
== References == {{Reflist|refs= <ref name=nytimes1992-01-19> {{cite news | url = https://www.nytimes.com/1992/01/19/style/miss-west-wed-to-a-h-madoff.html | title = Miss West Wed To A. H. Madoff | work = The New York Times | date = 1992-01-19 | page = A46 | accessdate = 2020-10-18 | quote = Mrs. Madoff, 24 years old, is a book-promotions consultant in New York. She graduated from Duke University. }} </ref>
<ref name=MadoffMoney> {{cite news | url = https://books.google.com/books?id=-pC06llkznwC&q=%22Catherine+Hooper%22+madoff | title = Madoff with the Money | author = Jerry Oppenheimer | publisher = John Wiley & Sons | year = 2009 | page = 198 | isbn = 9780470504987 | accessdate = 2020-10-18 | quote = }} </ref>
<ref name=Nbc2014-07-15> {{cite news | url = http://www.nbcnews.com/business/personal-finance/madoff-sons-obstructed-sec-audit-ponzi-scheme-trustee-suit-says-n156576 | title = Madoff Sons Obstructed SEC Audit of Ponzi Scheme, Trustee Suit Says | work = NBC News | date = 2014-07-15 | archiveurl = https://web.archive.org/web/20170805072635/http://www.nbcnews.com/business/personal-finance/madoff-sons-obstructed-sec-audit-ponzi-scheme-trustee-suit-says-n156576 | archivedate = 2017-08-05 | accessdate = 2020-10-16 | url-status = live | quote = The claims come from Madoff trustee Irving Picard in a $150 million lawsuit against the brothers. }} </ref>
<ref name=Nbc2018-10-24> {{cite news | url = https://www.nbcnews.com/business/business-news/bernie-madoffs-surviving-son-andrew-dies-lymphoma-n194736 | title = Bernie Madoff's Surviving Son Andrew Dies of Lymphoma | work = NBC News | date = 2011-10-31 | access-date = 2018-10-24 | archiveurl = https://web.archive.org/web/20200809210832/https://www.nbcnews.com/business/business-news/bernie-madoffs-surviving-son-andrew-dies-lymphoma-n194736 | archivedate = 2020-08-09 | url-status = live | quote = Despite turning in their father, Andrew recently became the subject of a lawsuit by a court-appointed trustee working to recover funds for investors. The lawsuit by Irving Picard alleged that the sons knew far more than they ever admitted. }} </ref>
<ref name=Reuters2014-09-03> {{cite news | url = https://www.reuters.com/article/us-madoff-son-death-idUSKBN0GY1UT20140903 | title = Bernard Madoff's son Andrew dies after long battle with cancer | work = Reuters | author = Joseph Ax | date = 2014-09-03 | location = New York | archiveurl = https://web.archive.org/web/20140903200350/https://www.reuters.com/article/2014/09/03/us-madoff-son-death-idUSKBN0GY1UT20140903 | archivedate = 2014-09-03 | accessdate = 2020-10-16 | url-status = live | quote = Defense lawyers denied the claims and pointed to a ruling from the United Kingdom's High Court of Justice last October against Picard that concluded the brothers did not suspect fraud. }} </ref>
<ref name=ApNews2014-09-03> {{cite news | url = https://apnews.com/article/22c7cf180ad848f18df7caa3efc77324 | title = Andrew Madoff dies of cancer in NYC | work = Associated Press | author = Larry Neumeister | date = 2014-09-03 | location = New York City | archiveurl = https://web.archive.org/web/20140906212443/http://www.heraldstandard.com/united_states_ap/andrew-madoff-dies-of-cancer-in-nyc/article_a28b5d18-56e9-518f-8655-a5485a08e9e3.html | archivedate = 2014-09-06 | accessdate = 2020-10-16 | url-status = live | quote = Andrew Madoff and his brother, Mark Madoff, worked on the legitimate trading side of their father’s Manhattan firm, two floors removed from the private investment business where Bernard Madoff carried out his $65 billion Ponzi scheme over several decades. }} </ref>
<ref name=investmentnews2014-11-24> {{cite news | url = https://www.investmentnews.com/bernie-madoffs-son-leaves-more-than-15m-in-his-will-59198 | title = Bernie Madoff's son leaves more than $15M in his will | work = Investment News | date = 2014-11-24 | archiveurl = https://web.archive.org/web/20201017064135/https://www.investmentnews.com/bernie-madoffs-son-leaves-more-than-15m-in-his-will-59198 | archivedate = 2020-10-17 | accessdate = 2020-10-16 | url-status = live | quote = Andrew Madoff, in April 2013, disclosed the recurrence of his mantle cell lymphoma, a form of cancer for which he had been treated in 2003. He underwent a stem-cell transplant in May 2013, following chemotherapy and radiation. }} </ref>
<ref name=thelist2017-08-23> {{cite news | url = https://www.thelist.com/82002/madoff-sons-wives-today/#:~:text=Catherine%20Hooper%20met%20Andrew%20while,three%20years%20after%20losing%20Andrew. | title = Where are the Madoff sons' wives today? | work = The List | author = Carmen Ribecca | date = 2017-08-23 | archiveurl = https://web.archive.org/web/20180623125831/http://www.thelist.com/82002/madoff-sons-wives-today/#:~:text=Catherine%20Hooper%20met%20Andrew%20while,three%20years%20after%20losing%20Andrew. | archivedate = 2018-06-23 | accessdate = 2020-10-16 | url-status = live | quote = Mark's ex-wife, Susan Elkin, was sued for $2.4 million, his widow, Stephanie Mack, for $27.5 million, and Andrew's ex-wife, Deborah Madoff, for $27.7 million. }} </ref>
<ref name=nhpr2014-09-03> {{cite news | url = https://www.nhpr.org/post/andrew-madoff-son-disgraced-financier-bernard-madoff-dies-48#stream/0 | title = Andrew Madoff, Son Of Disgraced Financier Bernard Madoff, Dies At 48 | work = New Hampshire Public Radio | date = 2014-09-03 | archiveurl = https://web.archive.org/web/20201017064018/https://www.nhpr.org/post/andrew-madoff-son-disgraced-financier-bernard-madoff-dies-48#stream/0 | archivedate = 2020-10-17 | accessdate = 2020-10-16 | url-status = live | quote = Both he and his brother, Mark Madoff, worked with Bernard Madoff's firm, but were not directly involved with their father's multibillion-dollar Ponzi scheme. Bernard Madoff was arrested in December 2008 after his sons turned him in upon learning of his fraud. The senior Madoff was sentenced to 150 years in prison. }} </ref>
<ref name=nytimes2014-09-03> {{cite news | url = https://www.nytimes.com/2014/09/04/business/andrew-madoff-son-of-convicted-financier-dies-at-48.html | title = Andrew Madoff, Who Told of His Father's Swindle, Dies at 48 | work = The New York Times | author = Diana B. Henriques | date = 2014-09-03 | page = B19 | archiveurl = https://web.archive.org/web/20191008054909/https://www.nytimes.com/2014/09/04/business/andrew-madoff-son-of-convicted-financier-dies-at-48.html | archivedate = 2019-10-08 | accessdate = 2020-10-16 | url-status = live | quote = The two brothers attracted worldwide attention in December 2008 after they alerted federal agents that their father, a respected Wall Street statesman, had confessed to them that his private investment management business was a vast Ponzi scheme. Based on that report, the senior Mr. Madoff was arrested the next morning, Dec. 11, 2008. }} </ref>
<ref name=townandcountrymag2017-05-19> {{cite news | url = https://www.townandcountrymag.com/society/money-and-power/a9656715/bernie-madoff-ponzi-scheme-scandal-story-and-aftermath/ | title = How Bernie Madoff Took His Family Down | work = Town and Country magazine | author = Kaitlin Menza | date = 2017-05-19 | archiveurl = https://web.archive.org/web/20191229222828/https://www.townandcountrymag.com/society/money-and-power/a9656715/bernie-madoff-ponzi-scheme-scandal-story-and-aftermath/ | archivedate = 2019-12-29 | accessdate = 2020-10-16 | url-status = live | quote = }} </ref>
<ref name=dnainfo2010-10-15> {{cite news | url = https://www.dnainfo.com/new-york/20101015/upper-east-side/kenneth-starrs-wife-diane-passage-not-waiting-around-for-imprisoned-hubby | title = Kenneth Starr's Wife Diane Passage Not Waiting Around for Imprisoned Hubby | work = Dnainfo | author = Jennifer Glickel | date = 2010-10-15 | location = Manhattan | archiveurl = https://web.archive.org/web/20171110131212/https://www.dnainfo.com/new-york/20101015/upper-east-side/kenneth-starrs-wife-diane-passage-not-waiting-around-for-imprisoned-hubby | archivedate = 2017-11-10 | accessdate = 2020-10-16 | url-status = live | quote = Passage said she isn't planning on returning to her former profession as a stripper at Scores, but instead spends her time hanging out with Andrew Madoff's fiancee, Catherine Hopper, who lives in her building, she told Page Six. }} </ref> }} {{Madoff investment scandal}} {{Authority control}}
{{DEFAULTSORT:Madoff, Andrew}} Category:1966 births Category:2014 deaths Category:American financiers Category:21st-century American businesspeople Category:Businesspeople from New York City Category:American Jews Category:Wharton School alumni Category:University of Pennsylvania alumni Category:Deaths from lymphoma in New York (state) Andrew