Birth Chart of Bernie Madoff, King of the Ponzi scheme

Astrodatabank recently posted the birth time of Bernie Madoff from his birth certificate.  Here is the chart:

Bernie Madoff Natal Chart

Madoff, of course, was the mastermind of a 50-billion dollar Ponzi scheme and has the dubious distinction of committing the largest financial fraud in US history.  He is now serving 150 years in prison for his dishonest money-making scheme.  Can we see evidence of his story in the birth chart?  Here are some thoughts off the top of my head about the chart.

Prison is shown by the 12th house.  Pluto in the 12th and conjunct the 12th cusp would relate to confinement and self-undoing.  Pluto is the modern ruler of Scorpio on the 4th cusp of endings and conditions at the end of life.  He will undoubtedly end his life in prison.  The Moon, which rules his 12th house cusp, forms a stressful sequisquare with Neptune in the 1st house.  His own “Neptunian” behaviors will result in his undoing.  The Moon, ruler of the 12th, also happens to square Pluto in the 12th, a negative influence on 12th house matters.

Neptune is the modern ruler of Pisces and is debilitated in Virgo, the opposite sign.  In Madoff’s chart the debilitated Neptune in Virgo is also retrograde in the 1st house.  Neptune is a planet associated with illusion, deception, and underhanded schemes.  In the 1st house, it has a marked influence on his character.

With Leo rising, he is prone to grandiose schemes.  This tendency is heightened by Jupiter (peregrine) closely opposing the Ascendant.  Jupiter is also afflicted by a semi-square from Saturn in the 8th of other people’s money.  Jupiter rules his 5th house of financial speculation and squares his Midheaven and Venus in the 10th.  Venus, in turn, disposes all his Taurus planets, including his Sun/Moon conjunction in Taurus.  Venus essentially acts as a secondary Ascendant-ruler (as described by Morin), and its square to Jupiter (which opposes the ASC) is a correlate of his get-rich-quick schemes going awry.   Jupiter (ruler of the 5th of speculation) also forms a very close quincunx to Pluto on the cusp of his 12th of undoing, suggesting that his financial schemes will result in his incarceration.

About Anthony Louis

Author of books about astrology and tarot, including TAROT PLAIN AND SIMPLE, HORARY ASTROLOGY, and THE ART OF FORECASTING WITH SOLAR RETURNS.
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2 Responses to Birth Chart of Bernie Madoff, King of the Ponzi scheme

  1. Andrew says:

    I note that you have used the Koch, Placidus and Regiomontanus systems of domification at various times in your work; is there a reason as to why you have chosen to use the Porphyry system in your analysis of this chart?

    • No particular reason. I was recently reading about Porphyry houses and happened to leave my computer set for them. With this chart, I think Pluto moves between the end of the 11th and the beginning of the 12th house, depending on which house system you choose. When a planet is this close to the cusp, I usually look at equal houses from the ASC to “decide” where it resides. In this case, Pluto would be just before the equal house 12th cusp but still in orb of conjunction, so the interpretation would be the same. When following Morinus or Lilly, I tend to use Regiomontanus because they did. For Solar Returns, I generally use Placidus because Volguine’s empirical studies where done in that system. Rob Hand got me into using Koch many years ago but I dont’ use Koch much anymore. I’m not sure what Rob is using now, if he uses houses at all. Chris Brenner makes a good argument for equal houses, but I’ve rarely used them and have little experience with how reliable they are. I’m been impressed with Alcabitius houses, which I think Rob Zoller uses for his medieval work. I don’t think there is a “right or wrong” system of domification or that we have settle all the theoretical issues involved in dividing the sky into houses.

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