Connect with us

Businesspersons

Aubrey Mcclendon Net Worth

Published

on

Aubrey McClendon's Net Worth as of 2024
$500 Million

Aubrey Kerr McClendon was born on the 14th July 1959, in Oklahoma City, Oklahoma USA, and was a businessman best known as the founder and CEO of the natural gas and oil company American Energy Partners, LP, as well as co-founder, chairman and CEO of another natural gas company, Chesapeake Energy. McClendon was also known as an advocate for natural gas. He had been active in the oil industry from 1983 until his passing in 2016.

How rich was the businessman? It has been estimated by authoritative sources that the overall size of Aubrey McClendon’s net worth was as much as $500 million, as of the data converted to the present day. It is worth saying that his assets among others included part ownership of the Oklahoma City Thunder basketball team that plays in the NBA, as well as a wine collection which exceed 100,000 bottles.

Aubrey Mcclendon Net Worth $500 Million

To begin with, Aubrey was raised in Belle Isle, and was educated at Belle Isle Elementary School, Heritage Hall Middle and Upper School. In 1981, he graduated from Duke University with a BA degree in History. Afterwards, he worked as an accountant, and was then employed as a landsman with Jaytex Oil and Gas. In 1982, he left the company with a view to start his own business.

Concerning his career in the natural gas business, McClendon entered it with his partner Tom L. Ward in 1983. In 1989, they co-founded the corporation called Chesapeake Energy, owning two wells located in Garvin County, Oklahoma. Aubrey took the positions of CEO and chairman, whereas his partner held the positions of the president and chief financial officer. From 1994 to 1997, the value of the company’s stock rose 274%, significantly improving McClendon’s net worth.

In 2005, Chesapeake opened a branch in Texas, and McClendon was named one of the top performing executives in the USA by Forbes. In a few years, he became the highest paid CEO in the USA. At the same time, McClendon had taken out $1 billion in loans as well as used more than $3 million to support the repairs of his own house. Aubrey used the planes that belong to the company for personal reasons. In 2013, he had to step down from CEO position. In 2013, the gas production reached 2.5 million cubic feet per day, and it was estimated that the company was the second largest natural gas company after ExxonMobil.

However, in 2013 McClendon launched a private oil and natural gas company named American Energy Partners, LP. In 2015, Chesapeake filed a lawsuit against Aubrey McClendon. In 2016, McClendon was accused of violating antitrust laws while CEO of Chesapeake, by a federal grand jury. The following day, he apparently committed suicide in a single vehicle collision.

Regardless, McClendon was also known for his philanthropic efforts. He was a member of the boards of directors in a number of public organizations as follows Oklahoma City Public Schools, Oklahoma State Fair, The McClendon Family Boys and Girls Club of OKC, the Oklahoma City Chamber of Commerce and many others. He was a donor to many art organizations based in Oklahoma City, including Philharmonic, Heritage Foundation, Museum of Art, Lyric Theatre and others. He was an inductee into the Oklahoma Heritage Foundation’s Oklahoma Hall of Fame.

Finally, in the personal life of the businessman, he was married to Kathleen Upton Byrns from 1981, and they had three children.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Businesspersons

Charles Saatchi Net Worth

Published

on

Charles Saatchi is one of the richest and best known businessmen in the world and one of many millionaires. Saatchi’s overall net worth has been stated to be $100 million for 2014. Charles Saatchi was born in Baghdad, Iraq, but later had to move together with his family to London, UK to avoid the persecution of Jews in his home country. He was the second son in the family of four kids. As a teenager Charles was really interested in American pop culture and studied at the London College of Communication. After graduation he began his professional career as a copywriter working for “Benton & Bowles” and later started to work in tandem with an art director, Ross Cramer, and together they formed their own company called “CramerSaatchi”.

Charles Saatchi Net Worth $100 Million

They were successful and took-on employees John Hegarty and Heremy Sinclair, but true success came to Charles later. In 1970 Charles Saatchi started his business together with brother Maurice: they established “Saatchi & Saatchi” agency which had become the largest advertising agency in the world by the mid-80’s with just a huge number of high-profile clients like UK Prime Minister Margaret Thatcher and British Airways. However, Charles and Maurice left the agency and together founded another one called “M&C Saatchi”. They took many of their important clients with them, and one of these was British Airways. Nowadays, thanks to his prosperous business, Charles Saatchi has a net worth of $100 million dollars.

To the rest of the world Saatchi is also known as one of the most famous modern art collectors. He purchased his first art work in 1969 –  by Sol LeWitt,  a minimalist from New York. His passion for paintings only grew, and in 2009 he even published the book “My Name Is Charles Saatchi And I Am An Artoholic” wherein the author answered many questions and even gave some advice about collectibles. But the book didn’t become as popular as Saatchi expected, so the author asked his personal assistant to buy a huge number of books to help his work hit some positions in bestseller charts. Later in 2009 Saatchi appeared on the BBC program “School of Saatchi” and gave many young artists a perfect opportunity to show their talent and showcase artworks: some artists even painted portraits of Saatchi himself. In July 2010 Charles Saatchi donated his Saatchi Gallery to the British public together with 200 works of art.

Saatchi’s personal life has never been very public, but he married his first wife in 1973. He had met Doris Lockhart Dibley in 1965 while working for “Benton & Bowes”. The couple lived together for the six years before marrying, but divorced in 1990.  Saatchi’s second wife was Kay Hartenstein to whom he was married from 1990-2001, and they even had a daughter together. Then Saatchi married for the third time in 2003, to English journalist, food writer, gourmet and television personality Nigella Lawson, but after public disagreements, were divorced 2013.

Continue Reading

Businesspersons

Alexis Ohanian Net Worth

Published

on

Alexis Ohanian was born on 24 April 1983 in New York City USA, of Armenian and German heritage. He is perhaps best known as a co-founder of the social news and networking website Reddit. He has also helped in launching the online travel company Hipmunk and created Breadpig, a company which sells “geeky” merchandise and gives a lot of its profit to charities.

So how rich is Alexis Ohanian? Sources estimate his current net worth to be $4 million. Most of his wealth has been accumulated by working on Reddit and Breadpig.

Alexis Ohanian Net Worth $4 Million

Alex Ohanian studied at the University of Virginia and after graduating in 2005 he, together with Aaron Swartz and Steve Huffman created Reddit. The company was bought by Conde Nast Publications, but Ohanian still had great influence as one of the people in Reddit’s Board of Directors. Of course, Alexis’ net worth rose significantly.

Alexis created another company, with the strange name Breadpig in 2007. This company mostly concentrates on selling “geeky” merchandise and has an unusual approach to business, claiming to be an “uncorporation”, which means that they try to use the earned money to support charities and other projects. Alexis decided to leave the Reddit’s team in 2009. A year later Ohanian became an advisor to the Hipmunk website and helped to launch it.

Apart from being known as a businessman leading great internet websites which have built most of his net worth, Ohanian is also known as a social activist. Between 2010 and 2012, the Internet users were threatened by the SOPA (Stop Internet Piracy Act) and PIPA (Protect IP Act). Ohanian was an outspoken activist against these acts and was one of the key people who helped to vote down these bills. After these events, Ohanian was chosen as the first on The Daily Dot’s list of “Most influential activists of 2012”. While these social acts did not necessarily help to directly raise his net worth, they certainly helped to raise Ohanian’s popularity and earned him a lot of fans on the Internet.

In 2013, Ohanian published his first book, entitled “Without Their Permission: How the 21st Century Will Be Made, Not Managed” which made it to #5 on the Hardcover Business best sellers list in the Wall Street Journal. In the same year, Ohanian started his own web series, called “Small Empires with Alexis Ohanian”.

Ohanian has also been a part of two radio podcast shows: NYRD Radio in 2014 and Upvoted which started in 2015, and is strongly related to Reddit as it examines some of the stories found on that website. All of these endeavors have helped to increase Ohanian’s net worth.

In his personal life, Alexis Ohanian is not married yet. During the time-off from his businesses and projects, Alexis speaks at lectures and conferences in various universities, also on some of the most influential companies such as Google, Kraft, Johnson & Johnson and others.

Continue Reading

Recommended

Models3 hours ago

What is Eyal Booker doing now? His Age, Height, Dating, Net Worth

Eyal Booker is a versatile personality known for his roles in reality TV, modeling, and influencing. Recognized for his time...

TV Personalities3 hours ago

What does Collete Davis do? Her Age, Height, Leaks, Boyfriend

Collete Davis is known as an American professional race car driver, engineer, entrepreneur, and TV personality. She has competed in...

Instagram3 hours ago

The Life and Career of Mar De Regil: Age, Height, Parents, Dating

Mar de Regil has become a sensation on social media, especially on her TikTok content account, marderegil, on which she...

Instagram3 hours ago

Carriejune Anne Bowlby: Story of a Gym Lover and Instagram Star

Carriejune Anne Bowlby was born on 7 February 1996 in New Jersey. She’s known for being a prominent figure in...

Celebrities3 hours ago

The Rise of Susana Almeida: From Weather Girl to Internet Star

Charismatic Mexican weather girl Susana Almeida, found herself thrust into the spotlight of internet fame following an unexpected wardrobe malfunction...

Social Media Stars3 hours ago

What does Shawn Cee do for a living? His Age, Height, Net Worth

Dynamic American YouTuber Shawn Cee, has successfully carved out a distinctive niche within the music review and reaction space. Boasting...

Social Media Stars3 hours ago

What does Peter Vigilante do? His Age, Height, Leaks, GF, Net Worth

Peter Vigilante is a multifaceted personality, acclaimed as a social media sensation, personal trainer, and reality television star. His journey...

Social Media Stars3 hours ago

How did Matt Sturniolo become Famous? His Age, Height, GF, Bio

Matt Sturniolo is a prominent American content creator and social media personality, widely known as one of the Sturniolo triplets....

Instagram3 hours ago

What is Kennedy Walsh famous for? Her Age, Height, Dating, Salary

Notable social media personality Kennedy Walsh, has garnered widespread acclaim for her engaging content on platforms such as YouTube, Instagram,...

Instagram3 hours ago

What is Jacob Day Famous for? His Age, Height, Dating, Net Worth

American social media sensation Jacob Day, catapulted into the limelight by sharing an array of lip-sync performances and humorous video...

Trending