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Saturday, December 11, 2010

Mark Madoff, son of Bernie Madoff, had it all before dad's billion-dollar Ponzi scheme was exposed

Mark Madoff, the handsome prince of Bernie Madoff's ill-gotten kingdom, lived the sweet life before his father's $65 billion scam imploded.

During one three-month period in 2008, he racked up more than $77,000 chartering private jets to hopscotch around the country.

He vacationed at his $6.5 million, 3.3 acre retreat in Nantucket and a stately farmhouse in tony Greenwich, Conn. The seasoned fly fishermen also frequently planned outdoor excursions.

"Mark loved his lifestyle, loved the fact he could fly on a private jet or walk into Dunhill and spend $200 on an umbrella," a trader told Vanity Fair in 2009.

His family life seemed just as enviable.

The 46-year-old had been happily married since 2003 to his second wife, Stephanie, a stunning blonde who was a rising star in the fashion industry. The couple had two young children and raised them in an exclusive SoHo building that rocker Jon Bon Jovi also called home.

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