Drew Peterson Net Worth
Drew Peterson has an estimated net worth of $1 million. Former police sergeant Drew Peterson was convicted in the 2004 murder of his third wife, Kathleen Savio. He was also named a suspect in 2007 in the disappearance of his fourth wife, Stacy Peterson. He earned most of his income from his career as a police sergeant.
Drew Peterson, the convicted murderer, was born on January 5, 1954. After high school, he married and joined the United States Army. Peterson married again several times after joining the Bolingbrook Police Department in Illinois in 1977. He was a suspect in the disappearance of his fourth wife, Stacy Peterson, in 2007, and he was later convicted of the murder of his third wife, Kathleen Savio.
To calculate the net worth of Drew Peterson, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$1 Million|
|Monthly Salary:||$12 Thousand|
|Annual Income:||$150 Thousand|
|Source of Wealth:||Police sergeant|
Drew Peterson’s romantic life appeared to be off to a good start. In Villa Park, Illinois, he attended Willowbrook High School. Peterson, a cross-country team member, dated Carol Hamilton (later Carol Brown) and invited her to his senior prom. He graduated in 1972 and soon joined the military.
Peterson served in the United States Army from 1972 to 1976, mostly as a military police officer. Peterson married his high school sweetheart Carol while in the army. They had two sons together. In 1977, he joined the Bolingbrook Police Department. Carol and Drew divorced three years later, apparently amicably.
Peterson dated Kyle Piry after his marriage to Carol ended. Piry, on the other hand, broke it off after four months. He was later accused of using his position as a police officer to harass her.
Peterson married Vicki Connolly in 1982. At first, the couple appeared to be content. They assisted each other in raising their children from previous relationships and once ran a bar together. “It was wonderful, it was great when it was good. But when things went wrong, they went really wrong “Connolly later revealed this to the Chicago Tribune.
According to Connolly, Peterson became unfaithful and controlling. She even claimed that he bugged their house in order to track her down. Peterson also had problems at work. In 1985, he was an undercover narcotics officer for several years when he was investigated for misconduct. Peterson was found guilty of disobedience and failing to report a bribe, among other offenses, by the Bolingbrook Fire and Police Commission. He was fired, but after appealing his case, he was reinstated the following year.
Peterson’s marriage to Connolly ended in 1992 due to his infidelity. He was having an affair with Kathleen Savio at the time, and he and Connolly divorced the following year. Savio and Peterson married not long after their divorce and had two sons, Thomas and Kristopher.
However, the union’s happiness did not last long. In 2002, Savio obtained an order of protection from Peterson, claiming that he had physically abused her. The couple divorced in 2003 without settling their financial affairs. Peterson married for the fourth time that October. He married Stacy Cales, who was 30 years his junior. During Peterson’s marriage to Savio, he had an affair with Cales.
In April 2004, Peterson and Savio were scheduled to settle their outstanding divorce issues. However, Savio did not attend the hearing. On March 1, 2004, she was discovered dead in her bathtub. Her hair was damp, but the bathtub was completely dry. Savio’s death was ruled accidental drowning at the time. However, many of her family members believed that Savio had been murdered.
Stacy Peterson Disappears
Drew Peterson’s fourth wife, Stacy Peterson, 23, went missing on October 28, 2007. She was supposed to go to her sister’s house that day to help with some painting, but she never showed up. Drew Peterson claimed he received a phone call that night from his wife, claiming she had left him for another man. Stacy’s family reported her missing, claiming she would never abandon her two children. Friends also claimed that Stacy was planning to divorce her husband.
Authorities and volunteers conducted a thorough search, but Stacy Peterson was not found. Meanwhile, Drew Peterson was quickly identified as a suspect in the case. He appeared unconcerned about his wife’s disappearance, joking with the media and making light of Stacy’s disappearance. On the Today show, he dismissed any talk of Stacy leaving him. “I’m not trying to be amusing, but Stacy Peterson would ask for a divorce… on a regular basis, and it was based on her menstrual cycle.”
Stacy’s disappearance prompted investigators to revisit Peterson’s third wife, Kathleen Savio’s, death. Her body was exhumed and re-examined in November 2007. Her death was ruled a homicide in the second report, which was released in February 2008.
Convicted of Murder
Drew Peterson was charged with two counts of first-degree murder in the death of Kathleen Savio in 2009. He was arrested in May of that year and remained behind bars until his trial. Much of the evidence against Peterson was based on information provided by Savio to others. Normally, such hearsay evidence is not permitted in court, but the Illinois legislature passed a special law in 2008 to make exceptions in limited circumstances.
Despite the new law, an Illinois court barred prosecutors from using eight of the 14 second-hand statements. In 2011, prosecutors appealed the decision, but an appellate court upheld it.
Lifetime aired a film based on Peterson’s story in January 2012. Rob Lowe played Drew Peterson in the film Untouchable.
Peterson, 58, was convicted of first-degree murder in the death of his third wife, Kathleen Savio, on September 6, 2012. According to an Associated Press report, the 12 jurors assigned to the case reached a guilty verdict after hearing incriminating testimony against Peterson from several witnesses.
After two days and more than 13 hours of deliberation by jury members, the guilty verdict was announced. Peterson faced a maximum prison term of 60 years (the state of Illinois does not have the death penalty), but he was sentenced to 38 years in February 2013. “I did not murder Kathleen!”
When Peterson heard the sentence in court, he yelled. Stacy Peterson’s family expressed hope that Peterson’s murder conviction in Salvo’s case would lead to new developments in Stacy’s case, which is still being investigated. Stacy Peterson’s body had yet to be discovered by detectives at the time of Peterson’s conviction.
Related 2015 Charges
In February 2015, Peterson was charged with attempting to arrange a hit on Will County State’s Attorney James Glasgow. Peterson was charged with one count of solicitation of murder for hire and one count of solicitation of murder stemming from activities that occurred between September 2013 and December 2014. In March 2016, the Illinois Supreme Court agreed to hear Peterson’s appeal to overturn his conviction. The trial is set for sometime in 2017.