Nick Schorsch Net Worth: Verified Estimate and How It’s Calculated

Which Nick Schorsch are we talking about?

The Nick Schorsch that almost everyone searching this query means is Nicholas Sloan Schorsch, born March 2, 1961. He is an American entrepreneur, investor, and philanthropist who built his name in the non-traded REIT and alternative investment space. He is most publicly associated with American Realty Capital Properties (ARCP), which eventually became VEREIT, and with the investment firm AR Capital. As of April 2026, his most documented current equity footprint runs through Global Net Lease, Inc. (NYSE: GNL), where he holds a significant beneficial interest via Bellevue Capital Partners, LLC and related family entities. SEC filings identify the reporting owner as "SCHORSCH NICHOLAS S" with a correspondence address at c/o Bellevue Capital Partners, LLC, confirming this is the same individual. There is no other prominent Nick Schorsch with a comparable financial profile, so if you landed here from a search, this is your person.

The bottom line on net worth

There is no single confirmed, publicly verified net worth figure for Nick Schorsch. If you still want to compare this uncertainty to another celebrity-investor breakdown, you can also review skip schumaker net worth as a related net worth estimate approach. What we have are several estimates from different eras and methodologies, and it is worth being upfront that all of them are estimates, not audited totals. Here is how the numbers break down as of early 2026:

The wide spread between these figures, from $10 million to $1.5 billion, is not contradictory. It reflects entirely different methodologies and time periods. The Forbes 2014 number captured peak REIT-era fee streams and multi-company ownership stakes. The InsiderTrades figure captures only the portion of GNL shares that appear in a single snapshot of SEC filings. The GuruFocus figure aggregates all reported GNL share ownership via Schorsch-linked entities, which is a more complete equity picture but still only one asset. None of these figures account for private holdings, real estate, cash, liabilities, or the financial impact of the 2019 SEC settlement. A reasonable working range today, based on the documented public equity alone, sits somewhere between $100 million and $250 million, with meaningful upward or downward uncertainty depending on private assets and any ongoing legal or financial obligations.

How his wealth was built

Schorsch's wealth accumulation follows a pattern common to alternative investment entrepreneurs: build a fee-generating platform, take equity stakes in the vehicles you manage, and monetize both income streams and appreciation over time. Forbes described the engine clearly in 2014, noting that his nontraded REITs charged annual fees as a percentage of assets under management, and that fee income compounded quickly as the platforms scaled. Combined with direct ownership in the companies he chaired and co-founded, the math produced the billion-dollar estimate at the time.

His key wealth-building roles and ventures, in rough chronological order, include:

1. American Realty Capital Properties (ARCP): A nontraded and eventually traded REIT where Schorsch served as chairman and chief executive. At its peak, ARCP was one of the largest net-lease REITs in the country. Ownership stakes and management fees at this scale are the primary source of the Forbes $1.5 billion estimate.
2. AR Capital: The investment services and sponsor firm through which Schorsch and partners managed a family of nontraded REITs. The fee-income model here was a major driver of reported wealth.
3. VEREIT (formerly ARCP): After accounting irregularities surfaced in 2014, ARCP was restructured and rebranded as VEREIT. Schorsch stepped back from day-to-day leadership, and the restructuring materially changed his economic position in the company.
4. Global Net Lease, Inc. (NYSE: GNL): His most documented current public equity holding. Through Bellevue Capital Partners and related family trusts, Schorsch holds a reported beneficial interest in over 21 million GNL shares. SEC filings confirm he qualifies as a 10% owner, and an ownership-limit waiver agreement filed with GNL specifically carves out exceptions for Bellevue Capital and "Nicholas and Shelley Schorsch" to hold above standard ownership caps.
5. Bellevue Capital Partners, LLC: The entity through which most of his current equity activity flows. Form 4 filings and Schedule 13D/A amendments filed with the SEC show both purchases and sales of GNL shares through this vehicle, including a reported $55 million in stock sales noted in June 2025 coverage.

It is also important to note the financial headwind from the 2019 SEC settlement. The SEC charged former ARCP/AR Capital management with accounting fraud, and the resulting settlement exceeded $60 million in total disgorgement, interest, and civil penalties across the parties involved. The settlement is a documented financial event that almost certainly reduced net worth from what it would otherwise have been, and any honest estimate of Schorsch's wealth should account for it as a material liability that has already been realized.

Why the numbers vary so much across sites

If you have already searched around and seen wildly different figures, here is the short explanation: most celebrity and executive net worth sites do not have access to private financial records. If you still want the fastest headline number, see the nick schmit net worth perspective for how other sites frame totals. If you are also looking for ty schenk net worth, keep in mind that many net worth sites frame totals using similar estimate methods without private record access. They build their estimates from one of a few signal types, often a single one, and then those estimates get copied, aged without updates, or inflated for click appeal. For Schorsch specifically, a few structural reasons explain the variation:

• Time lag: The Forbes $1.5 billion figure is from 2014, a peak moment for his fee-generating platform. Sites that copy or echo that number without updating it to reflect the 2014 accounting scandal, the 2019 SEC settlement, or the restructuring of his holdings are presenting stale data as current.
• Partial vs. full holdings: InsiderTrades shows only the shares captured in a single SEC filing snapshot, not the full beneficial ownership aggregated across all related entities. GuruFocus aggregates more completely and arrives at a much larger number. Neither reflects private assets.
• Valuation methodology: Holdings-based estimates use the current market price of reported shares. That number moves daily with GNL's stock price. A 10% swing in GNL shares meaningfully changes the estimate without any real change in Schorsch's financial position.
• Private holdings opacity: Real estate held personally, interests in private companies, cash, and liabilities are not disclosed in SEC equity filings. They can be the majority of a high-net-worth individual's actual balance sheet.
• Legal and settlement impacts: The 2019 SEC settlement is a concrete, documented reduction in net worth. Sites that do not factor in enforcement actions tend to overstate wealth relative to a realistic post-settlement picture.

Where to check the evidence yourself

If you want to go beyond estimates and look at primary sources, these are the most reliable places to check as of April 2026:

1. SEC EDGAR (Form 4 filings): Go to sec.gov/cgi-bin/browse-edgar and search for Global Net Lease, Inc. (CIK: 1526113). Filter for Form 4 filings and look for the reporting owner name "SCHORSCH NICHOLAS S." Each Form 4 shows a dated transaction, the number of shares bought or sold, the price, and the resulting ownership total. This is the most current and reliable signal for his public equity position.
2. SEC EDGAR (Schedule 13D/A): The same company search will surface Schedule 13D and 13D/A filings from Bellevue Capital Partners and associated entities. These filings describe the full beneficial ownership structure, including which trusts and LLCs are included in the aggregate stake, and they are required when ownership crosses or changes around the 5% threshold.
3. SEC Enforcement Actions: The SEC's Litigation Releases page documents the 2019 settlement involving AR Capital and ARCP executives. Searching for "Schorsch" on the SEC enforcement page surfaces the press release confirming the settlement terms, disgorgement, and penalties.
4. Global Net Lease SEC filings (proxy and exhibits): The company's proxy statements and material contract exhibits include the ownership-limit waiver agreement that specifically names Nicholas and Shelley Schorsch and Bellevue Capital Partners. This document confirms the governance relationship between Schorsch and GNL beyond a simple market ownership stake.
5. GuruFocus and InsiderTrades.com: These secondary aggregators are useful for a quick snapshot but should be cross-referenced against the underlying EDGAR filings. Use them as a starting point, not a conclusion.
6. Forbes archive: The 2014 Forbes profile titled "Meet Alternative Investing's Slick New King" is the most detailed public accounting of how his wealth was built. It is dated but methodologically useful for understanding the fee-income and ownership-stake framework.

Putting it all together: a sourced wealth summary

Here is the honest summary of where Nick Schorsch's net worth stands in April 2026, based entirely on documentable public signals. At his peak in 2014, Forbes estimated his net worth at $1.5 billion, driven by fee income from a large family of nontraded REITs and direct equity stakes in the companies he led. That era ended with the 2014 ARCP accounting restatement and culminated in the 2019 SEC settlement exceeding $60 million in penalties and disgorgement. His current documented public equity, aggregated across Bellevue Capital Partners and related entities in Global Net Lease, points to a holdings value in the range of $200 million or more based on GuruFocus's share-count data, though GNL's stock price fluctuates and the June 2025 reports of $55 million in share sales suggest some liquidity activity that would reduce this figure. The InsiderTrades snapshot from January 2026 shows a minimum of $10 million in directly attributed public stock, which almost certainly understates the full picture given the broader Bellevue Capital structure.

A conservative, evidence-based working estimate for Nick Schorsch's &lt;a data-article-id=&quot;AE338C8E-CDE9-4EC5-8E3E-AAF9191E2F1E&quot;&gt;&lt;a data-article-id=&quot;319BC1AC-290E-432C-A57E-A9F325950A9A&quot;&gt;net worth</a></a> as of early 2026 is somewhere in the range of $100 million to $250 million, with the public equity component being the most verifiable piece. Nikolas Schreck net worth is often discussed in similar celebrity-investor net worth rankings, but his situation and figures can be different from Nick Schorsch's Nick Schorsch's net worth. This is an estimate, not a confirmed figure, and it does not account for private holdings, real estate, or ongoing obligations that are not publicly disclosed. Anyone citing a number above $500 million for his current net worth is almost certainly using pre-2014 data or methodology that does not reflect the settlement, restructuring, and share sales of the past several years.

What to do next: if you need the most current picture, pull the latest Form 4 and Schedule 13D/A filings from EDGAR for Global Net Lease (CIK: 1526113) and check the transaction date, share count, and any footnotes about indirect ownership through Bellevue Capital. That will give you the most up-to-date public equity number available. For context on how his wealth compares to others tracked in this space, profiles like those for Chip Schorr offer an interesting parallel in terms of financial-services-adjacent wealth building, and the broader Schorsch family name carries a distinct trajectory worth following as a unit. Chip Schorr net worth is often discussed in similar financial-services-adjacent profiles, so you can compare how those wealth estimates are framed.