Quick Facts of Efraim Diveroli
| Net worth | $25 Million |
|---|---|
| Name | Efraim Diveroli |
| Date of Birth | 25 December 1985 |
| Age | 37 years old |
| Place of Birth | Miami Beach, Florida |
| Nationality | American |
| Marital Status | Unmarried |
| Profession | Arms Dealer |
Efraim Diveroli’s success story is nothing short of extraordinary, having landed a multi-million dollar contract while working from the couch of a room with only a single laptop to operate.
Efraim Diveroli, a former American arms dealer, worked as an ammunition contractor for the US Department of Defense through his company AEY Inc.
Throughout the contract’s duration, Efraim and his partner were able to land a massive contract with the state, increasing his net worth to an unprecedented level.
How much is the Net worth of Efraim Diveroli?
Efraim Diveroli, 37, is now living a life away from the spotlight, which he used to face on a regular basis. The former arms dealer, who experienced massive ups and downs during his brief career, should have no complaints about his wealth.
Diveroli persuaded his father to sell him a shell company called AEY Inc. in 2001, with the goal of running a business that supplied arms and ammunition to the US government. He quickly became a self-made millionaire after working his way up the business ladder by bidding on small contracts and outbidding several large corporations in the game.
After landing a staggering $300 million contract from the Pentagon to supply arms and ammunition to the allied forces in Afghanistan, Efraim quickly became one of the wealthiest arms dealers with high school friend and partner David Packouz and financer Ralph Marill.
Diveroli and his partner David Packouzm adopted a glamorous lifestyle, partying all over the world, thanks to their massive net worth. However, their promising career was cut short when the US government suspended AEY Inc. for contract violations after they were accused of providing substandard and unserviceable ammunition.
Diveroli’s career was soon derailed when he was sentenced to four years in federal prison in January 2011. As if that wasn’t enough, he was charged with possessing a weapon while on bail. Diveroli made a wise decision by cooperating with the investigation, which resulted in a reduced prison sentence.
Where Have All the Real War Dogs Gone?
The dramatic rise and fall of Efraim and David was also portrayed in the film War Dogs, which highlighted the ups and downs of the former arms dealer’s career. However, due to the breach of contract, Efraim received a four-year federal prison sentence, whereas David received only a seven-month house arrest.
The disparity in sentences has since caused major schisms among the former high school friends and criminal partners. Diveroli’s deteriorating relationship with his former partner David has reached the point where Efraim is fighting accusations of owing money to David and Ralph.
In a 2016 interview with the Miami New Times, David Packouz clarified his feud with Efraim.
“He defrauded me of millions of dollars. He defrauded Ralph of his life savings. I simply believe he should pay me what he owes me and Ralph what he owes him.”Since his release from prison, the former partner turned foe has gone in different directions in life. Packouz is a musician who sells electronic drum machines through his company Beatbuddy. He also gave advice to the actors in the film War Dogs about his role.
Diveroli, on the other hand, had nothing to do with the production. He has written a memoir titled ‘Once a Gun Runner,’ which focuses on his arm dealing days.
Efraim hasn’t been far from the spotlight as the owner of a media company called Incarcerated Entertainment. He has been in the spotlight ever since he filed an unsuccessful lawsuit against the makers of the film War Dogs, and he recently filed another against his memoirs co-author Matthew Cox in January 2018.
Diveroli is currently attempting to put his life back together with the help of his family and friends, after a career that peaked and faded in a very short period of time.
Frequently Asked Questions
What does David Packouz do now?
Packouz is now the CEO of a music technology company name Singular Sound. He is working on inventing a guitar pedal a drum machine, the beatbuddy.
How old is Efraim Diveroli?
Efraim Diveroli is 37 years old.
Who is the owner of AEY?
AEY is an American arm dealing company established by Efraim Diveroli. It was joined by his friend David Packouz in 2005.
Is Aey a real company?
Yes, AEY is a real company and is still working but it is banned to get contract government contract until 2025.
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