Read about Philip Banks net worth, age, wife, children, height, family, parents, salary and party as well as other information you need to know.
Introduction
Philip Banks is the current Deputy Mayor of New York City for Public Safety and a retired law enforcement officer who served as NYPD chief of department in 2013 and 2014.
Banks oversaw all patrol and specialty units as chief of department. His brother, David C. Banks, has been appointed as New York City Schools Chancellor.
Early life
| Name | Philip Banks |
| Net Worth | $2 million |
| Occupation | Deputy Mayor |
| Age | 61 years |
| Height | 1.85m |
Philip Banks III was born on December 25, 1962 (age 61 years) in Brooklyn, New York, United States. He earned a Bachelor of Science degree in Business Administration from Lincoln University and graduated from the two-week long Police Management Institute at Columbia University in 2001.
Career
Philip Banks joined the New York City Police Department in July 1986 and began his career on patrol in the 81st Precinct. He was promoted to sergeant in March 1994, lieutenant in May 1997, captain in September 1999, deputy inspector in June 2001, inspector in December 2003, deputy chief in December 2006, and assistant chief in June 2009.
Banks has served in the 70th, 73rd, 79th, 81st, 90th and Central Park precincts in addition to the Patrol Borough Brooklyn South, Harbor Unit, and School Safety Division Investigations Unit.
He most recently served as chief of the Community Affairs Bureau. Prior to commanding the Community Affairs Bure au, he was the commanding officer of Patrol Borough Manhattan North and has also commanded the 79th, 81st and Central Park precincts. He has also served as executive officer of Patrol Borough Brooklyn South and the 73rd Precinct.
He was named the first deputy commissioner, replacing Rafael Piñeiro upon his retirement. After completing a 27-year career with NYPD, Banks resigned from his position as chief of department on October 31, 2014, citing a mix of personal and professional reasons.
Speaking to reporters outside City Hall, Commissioner William Bratton said he would accept Banks’s resignation “with great regret.” It was later revealed that Banks resigned after he found out he was being investigated by the Federal Bureau of Investigation for having $300,000 of unexplained cash in his bank account.
Banks is the Deputy Mayor for Public Safety under Eric Adams. His home in Hollis, Queens, was searched in September 2024. Banks is a member of Phi Beta Sigma fraternity, Mu chapter.
His remarkable achievements have earned him some luxurious lifestyles and some fancy cars trips. He is one of the richest and influential Mayors in the United States. He stands at an appealing height of 1.85m and has a good body weight which suits his personality.
Wife
Philip Banks’s wife and children are a mistery. He rarely speaks about his wife or children.
Philip Banks net worth
How much is Philip Banks worth? Philip Banks net worth is estimated at around $2 million. His main source of income is from his primary work as a current Deputy Mayor. Philip Banks’s salary per month and other career earning are over $310,000 dollars annually.