Introduction
Korey Wise is a prominent figure in American history, known for his resilience and determination in the face of adversity. He is one of the “Central Park Five,” a group of teenagers wrongfully convicted for a crime they did not commit in 1989. After spending years in prison, Wise and his co-defendants were exonerated in 2002. Since then, Wise has dedicated his life to advocating for criminal justice reform and supporting others who have been wrongfully convicted. This article will delve into the estimated net worth of Korey Wise in 2024, his sources of wealth, and how he has used his resources to make a difference.
| Attribute | Detail |
|---|---|
| Estimated Net Worth: | $12 million |
| Age: | 52 |
| Date of Birth: | August 26, 1972 |
| Birth Country: | United States |
| Source of Wealth: | Settlement, Public Speaking, Advocacy |
Early Life and Wrongful Conviction
Korey Wise was born and raised in Harlem, New York. His life took a drastic turn in 1989 when he was wrongfully convicted as part of the Central Park Five case. Despite the lack of physical evidence linking him to the crime, Wise was sentenced to prison, where he spent more than a decade before his exoneration.
Exoneration and Settlement
In 2002, Wise and the other members of the Central Park Five were exonerated after the real perpetrator confessed to the crime. Following their exoneration, the group sued the City of New York for their wrongful conviction and received a settlement of $41 million in 2014. Wise’s share of the settlement was the largest, amounting to approximately $12.2 million.
Public Speaking and Advocacy
After his release from prison, Wise became a public speaker and advocate for criminal justice reform. He has spoken at numerous events and conferences, sharing his story and advocating for changes in the criminal justice system. This has become a significant source of income for Wise.
Korey Wise Innocence Project
In 2015, Wise donated a significant portion of his settlement to the University of Colorado Law School’s Innocence Project, which was subsequently renamed the Korey Wise Innocence Project in his honor. The project works to exonerate wrongfully convicted individuals and reform the criminal justice system.
Netflix Series: “When They See Us”
In 2019, Netflix released “When They See Us,” a miniseries based on the Central Park Five case. Wise served as a consultant on the series, which brought renewed attention to his story and likely contributed to his net worth.
Real Estate Investments
Wise has also invested a portion of his settlement in real estate. He purchased a luxury condo in New York City’s Harlem neighborhood, which has likely appreciated in value since its purchase.
Book Deals and Other Ventures
Wise has also reportedly signed book deals to share his story, which would contribute to his net worth. Additionally, he has been involved in various other ventures, including a clothing line.
Estimated Net Worth in 2024
Given Wise’s various sources of income and investments, it is estimated that his net worth will be around $12 million in 2024. This estimate takes into account his settlement, public speaking engagements, donations, real estate investments, and potential income from book deals and other ventures.
Conclusion
Korey Wise’s story is one of resilience and determination. Despite the adversity he faced, Wise has used his experiences to advocate for criminal justice reform and support others who have been wrongfully convicted. His estimated net worth of $12 million in 2024 reflects his various sources of income and investments, including his settlement, public speaking engagements, real estate investments, and potential book deals. Wise’s story serves as a reminder of the importance of justice and the power of resilience.
