How R.F.K. Jr.’s Causes Made Him Millions of Dollars

Income from Kennedy & Madonna could be bumpy. For instance, from 2008 through 2010, the firm produced virtually no income, tax records show. But in 2011 Mr. Kennedy received $700,000, part of the firm’s share of a legal settlement with Ford Motor, he said in the deposition given in his divorce. (Nine months after this article was published, Mr. Madonna disputed that number, saying the firm’s share was actually $161,426.12, and Mr. Kennedy took roughly half.)
Still, Mr. Kennedy was leading an expensive life between his home in Bedford, N.Y., a wealthy enclave north of Manhattan, where he lived with his wife and children, and the home he was using on Cape Cod. He bought the Bedford house in the 1980s, with financing from the sale of a luxury Manhattan apartment that a close family friend had willed to him, records show.
In 2010, Mr. Kennedy’s household expenses reached $1.4 million. The mortgage and a home-equity loan on the Bedford property cost about $191,000. Memberships to a yacht club and other organizations ran him more than $14,000, while nannies and housekeepers cost more than $70,000. Pool maintenance was upward of $12,000. On top of those expenses, his assistant earned roughly $200,000.
His use of the home at the Kennedy compound in Hyannis Port, Mass., was made possible by wealthy friends, The Times found. It had been purchased by a lawyer with ties to Wendy Abrams, a Chicago-based philanthropist who has donated millions of dollars to environmental causes, including some of Mr. Kennedy’s, records show.
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