The saga of Ron Jeremy is a classic rise-and-fall story, with the former porn star and pop culture figure currently residing in a mental institution after being found to be incompetent to stand trial on numerous counts of sexual assault and other related charges he was facing. Before being remanded to the mental institution, the 70-year-old could have been sentenced to up to 300 years in prison.
At the time of his arrest in June 2020, police found Ron to be living "in total squalor." The combination of his physical appearance and the state of his apartment would have led you to believe he was just barely above being homeless with not a dollar to his name.
But that was not the full story. A court-ordered audit just revealed that Ron was actually a secret multi-millionaire.
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Here's how one visitor to Ron's LA condo described the state of his residence around the time of his arrest:
"There was trash piled up, old porn memorabilia stuffed in overflowing boxes. His kitchen table looked like an unkempt outside porch, there were plants that had grown around the table legs and into the floor."
Another visitor claimed that the apartment was "infested with cockroaches."
As the court-ordered audit just exposed, that apartment was one of THREE Ron owned in a single Hollywood building. The audit just estimated the value of these three condos at a combined…
$1.8 million
Ron also owns another condo in a different nearby building that on its own is worth an estimated…
$1.6 million
Ron was not just real estate rich. He was also cash rich. At the time of his arrest Ron controlled five bank accounts. Those accounts contained a total cash balance of…
$666,191
When you total it all up, the court-ordered audit found that at the time of his arrest Ron Jeremy controlled liquid assets that today are worth in the range of $4.3 – $5 million.
All of the above assets are now under the control of Ellen Finkelberg, a financial professional who was selected as a temporary conservator by Jeremy's sister in March and was later appointed to the position on a permanent basis. The audit was ordered in advance of potentially awarding his alleged victims monetary awards.
Jeremy's trial was suspended earlier this year in view of his mental decline, and he was committed to a state mental hospital at some point in the last few months. It is unlikely he will ever be released, and he is expected to live out his remaining years under the institution's care.
