Bernard Madoff Fast Facts

(CNN)Here's a look at the life of Bernard Madoff, serving 150 years in prison for running a multi-billion dollar Ponzi scheme.

Birth date:
April 29, 1938

Birth place: Queens, New York

    Birth name: Bernard Lawrence Madoff

    Father: Ralph Madoff

    Mother: Sylvia (Muntner) Madoff

    Marriage: Ruth (Alpern) Madoff (November 1959-present)

    Children: Andrew, April 1966-September 3, 2014; Mark, March 1964-December 11, 2010

    Education: Hofstra University, B.A. Political Science, 1960

    Other Facts:
    Started his firm with $5,000 he saved from working as a lifeguard.

    Madoff served as NASDAQ's chairman in 1990, 1991, and 1993.

    Had many high-profile victims, including director Steven Spielberg, actors Kevin Bacon and Kyra Sedgwick, and New York Mets owner Fred Wilpon.

    In 2008, Madoff controlled billions in investments. In 2013 , he makes $40 per month doing prison labor.

    16,519 investors have filed claims against Madoff.

    - Bernard L. Madoff Investment Securities is founded.

    December 10, 2008 - Bernard Madoff allegedly confesses to employees of his company that the asset management portion of his firm is actually a large Ponzi scheme. Madoff says the business had lost about $50 billion and that he plans to turn himself in to authorities in a week.

    December 11, 2008 - Madoff is arrested on one count of securities fraud for allegedly operating a multibillion-dollar Ponzi scheme from his investment advisory business. He is released on $10 million bail.

    December 12, 2008 - A federal court in Manhattan issues a temporary order freezing Madoff's assets and appointing a receiver over him and his firm.

    December 17, 2008 - Madoff is placed on house arrest. Several bids by prosecutors to jail Madoff are denied by the court.

    February 9, 2009 - The SEC and Madoff reach a partial settlement agreement. Under the terms of the deal, Madoff will keep a previously reached agreement to freeze his assets and not to violate any other securities laws. This is separate from the criminal charge Madoff faces.

    March 12, 2009 - Madoff pleads guilty to eleven felony charges including: money laundering, perjury, false filings with the SEC and fraud. There is no deal with the government associated with the guilty plea.
    -- U.S. District Court Judge Denny Chin orders Madoff to Metropolitan Correctional Center following his confession.

    March 20, 2009 - An appeals court rules that Madoff will remain in jail until sentencing.

    April 1, 2009 - Federal marshals seize Madoff's yacht, a smaller boat, and one of his homes in Florida as court-ordered seizures of the financier's assets begin.

    June 29, 2009 - Madoff is sentenced to 150 years in prison.

    July 14, 2009 - Madoff arrives at Butner Federal Correction Complex in North Carolina to begin serving his sentence.

    October 2, 2009 - A $199 million lawsuit is filed against Madoff's brother, Peter, Madoff's two sons, Andrew and Mark, and Madoff's niece, Shana, who all worked at Madoff's firm.

    December 11, 2010 - Mark Madoff, 46, commits suicide in his Manhattan apartment.

    February 15, 2011 - In an interview from prison, Madoff tells a New York Times reporter that some banks and hedge funds "had to know."

    June 4, 2011 - Final auction of personal property belonging to Madoff nets $500,000. To date, the total recovery from the Madoffs has been approximately $24 million in property sales and $80 million in cash assets.

    September 20, 2012 - Trustee Irving Picard announces that victims of Madoff's Ponzi scheme will receive another $2.5 billion in reimbursement of their stolen funds. This brings the total amount returned to investors to $3.6 billion. Approximately half of the victims have been repaid.

    January 22, 1014 - CNBC reports receiving an email from Madoff in which he says he had a heart attack in December of 2013 and that he has stage 4 kidney disease.

    March 25, 2014 - Trustee Irving Picard announces plans to pay out an additional $349 million to Madoff's victims. Approximately $9.8 billion has been recovered so far.

    September 3, 2014 - Son Andrew, Madoff's last surviving child, dies of cancer at age 48.

    February 2015 - Another $355 million in recovered funds is distributed to Madoff's victims. Approximately $10.5 billion has been recovered so far.