Peter Schiff: Biography, Career, and Business Insights

Peter Schiff’s Profile Summary

Company	Euro Pacific Capital
Position	CEO and Chief Global Strategist of Euro Pacific Capital, a broker-dealer based in Westport, Connecticut. Additionally, he is the Chairman of Euro Pacific Precious Metals and the CEO of Euro Pacific Asset Management
Source of wealth	Peter Schiff's wealth primarily stems from his roles as a financial advisor and investment manager, management and performance fees from Euro Pacific Capital and Euro Pacific Asset Management
Also known as	Economic commentator, author, political activist.
Age	62
Education	University of California, Berkeley - Bachelor's in Finance and Accounting. University of California, Los Angeles (UCLA) - MBA with a focus on Finance and Investment
Citizenship	United States
Residence	Puerto Rico, Connecticut
Family	Peter Schiff's family includes his wife, who is not publicly named, and his children.
Website, Social Media	https://europac.com/ https://x.com/peterschiff

Peter Schiff’s biography

Peter David Schiff, born on March 23, 1963, is a prominent economist, financial commentator, and author, best known for his work in the investment field through Euro Pacific Capital. Schiff gained recognition for predicting the 2008 financial crisis, advocating for a return to sound monetary policy and emphasizing the importance of investing in precious metals and foreign markets. He founded Euro Pacific Capital in 2005, a firm that focuses on global investments and asset management. Schiff has authored several influential books, including Crash Proof: How to Profit from the Coming Economic Collapse and The Real Crash: America’s Coming Bankruptcy, which critique current economic policies and advocate for fiscal prudence. Beyond his investment career, he hosts The Peter Schiff Show, a podcast that discusses financial markets and economic trends, making him a well-known figure in media circles

How did Peter Schiff make money?

Peter Schiff makes money in the following areas:

Peter Schiff's wealth primarily stems from his roles as a financial advisor and investment manager, management and performance fees from Euro Pacific Capital and Euro Pacific Asset Management
What is Peter Schiff net worth?

As of 2025, Peter Schiff’s net worth is estimated to be Over $100M.

What is Peter Schiff also known as?

Economic Commentator: Schiff is recognized for his predictions on economic crises, notably forecasting the 2008 financial collapse. His views often focus on the unsustainability of U.S. government debt and the potential consequences of loose monetary policies. Author: He has written several books on economics and finance, including Crash Proof: How to Profit From the Coming Economic Collapse and How an Economy Grows and Why It Crashes. Political Activist: Schiff served as an economic advisor to Ron Paul during the 2008 presidential campaign and has made several runs for political office.Peter Schiff remains a prominent figure in financial discussions and has established a significant presence in media through his podcast, The Peter Schiff Show. For more details on his career and views, you can refer to his official site or check out various economic analysis platforms.

Prominent achievements of Peter Schiff

Schiff has achieved notable recognition in the finance community, including being a best-selling author with multiple books that have received critical acclaim. He has been a frequent guest on major media outlets, such as CNBC and Fox News, where he shares his economic forecasts. Additionally, Schiff founded Euro Pacific Capital, which has gained attention for its focus on foreign investments. His podcast, The Peter Schiff Show, has also garnered a significant following, reflecting his influence as an economic commentator.

What are Peter Schiff’s key insights?

Peter Schiff advocates for a free-market economy and is a strong critic of government intervention in markets. He emphasizes the importance of sound money principles, such as backing currency with tangible assets like gold. Schiff believes in the necessity of fiscal discipline and often warns against excessive debt, arguing that it leads to economic instability. His insights often focus on the implications of monetary policy and the dangers of inflation.

Peter Schiff’s personal life

Schiff is married and has several children, although specific details about their names and ages are not extensively publicized. He tends to keep his family's private life out of the public eye. However, he has mentioned in interviews that his family is supportive of his career and economic views.

Useful insights

Understanding market forces

In my experience, to truly succeed as an investor, it’s essential to understand the driving forces behind market behavior. Market movements aren’t random—they’re influenced by a range of economic theories and dynamics. The following books provide valuable insights into these forces, offering a deeper understanding of how global financial markets operate and what shapes their trends.

Nassim Nicholas Taleb – "The Black Swan"
- Summary:
  
  Taleb explores the concept of rare, unpredictable events—so-called "Black Swans"—that can have massive impacts on markets and society. These events are often overlooked by traditional risk management models, leading to devastating consequences when they occur. Taleb illustrates how these unpredictable shocks shape our world, often more than gradual, expected changes.
- Why read it:
  
  This book challenges conventional thinking about risk and uncertainty, showing that many major historical and financial events were "Black Swans." It's a vital read for investors who want to build resilience in the face of market volatility.
John Maynard Keynes – "The General Theory of Employment, Interest, and Money"
- Summary:
  
  Keynes revolutionized economics by focusing on total demand within an economy and its effect on output and inflation. His theory suggested that government intervention could stabilize economic cycles through fiscal and monetary policy. The book also explains the consequences of under-consumption and the role of interest rates in managing economic stability.
- Why read it:
  
  For investors interested in macroeconomic trends and policy impacts, Keynes’ work is essential. Understanding the Keynesian framework can help investors predict how government actions might influence market performance.