Businesspersons
David Parnes Net Worth
David Parnes's Net Worth as of 2024
$16 Million
David Parnes was born on 21 March 1982, in London, England, and is a real estate agent and television personality, probably best known for being a co-founder and partner in Bond Street Partners real estate company, and for starring in the Bravo reality television series “Million Dollar Listing Los Angeles”.
So just how wealthy is David Parnes at present? According to sources, in mid-2016 Parnes has established a net worth of over $16 million, which he has mostly earned through his involvement in the real estate business, but also through being a cast member of “Million Dollar Listing Los Angeles”. Parnes’ assets include a new luxury 4,200 square foot home in West Hollywood.
David Parnes Net Worth $16 Million
Parnes grew up in a Jewish family in London, and attended the University of Manchester, graduating with his BA degree with Honors in Economics and Politics. He then started working at a hedge fund, and went on to represent a private portfolio of real estate assets in Europe, negotiating a number of top deals with wealthy clients. After spending several summers in the USA, he moved to Los Angeles in 2009.
In 2011 Parnes co-founded the real estate company called Bond Street Partners, along with his childhood friend James Harris. The company, which specializes in residential real estate, commercial estate and investment properties, is a sub-division of the massive real estate company The Agency, owned and operated by Mauricio Umansky. Parnes’ company developed a long list of international and domestic clients in a quite short period of time – in 2013 the company sold $270 million in real estate, with its gross sales being estimated at $120 million, with another $150 million in escrow. In 2014, it sold over $165 million, and over $250 million in 2015. It has established major sales in places such as Hollywood Hills, Bel Air, Beverly Hills, Malibu, Pacific Palisades and Brentwood. The company’s clients often include business managers, producers, agents, and various celebrities, such as the professional basketball player Kris Humphries, to whom Parnes sold a property in Beverly Hills for more than $6 million.
Other famous listings the company has made include the property in L.A.’s Melrose Place, with the clothing stores of famous designers Oscar De La Renta, Chloé, and Mary-Kate and Ashley Olsen’s store The Row, the Hustler store on Sunset Blvd., which the company sold for more than $18 million to developer Zach Vella and the property in Faring Road in Holmby Hills sold for $30 million, in which the partners represented both the buyer and the seller. Bond Street Partners has become one of the most successful real estate companies in Los Angeles; its success has enabled Parnes to become a recognizable figure in LA’s real estate market, and to accumulate a considerable net worth.
In 2014 Parnes became a cast member of Bravo’s real estate reality television series “Million Dollar Listing Los Angeles”, along with his partner Harris. The show portrays the lives of four real estate agents negotiating various business deals, and earning big money in the process. Parnes joined the show during its seventh season and has since remained one of the regular cast members. The show has significantly contributed to his fame and to his net worth as well.
Parnes’ involvement in the real estate business has made him one of the most famous and most successful LA brokers, bringing him accolades such as being named in Hollywood’s Top 25 Real Estate Agents by The Hollywood Reporter in 2014, 2015 and 2016. He was also selected for the Wall St. Journal Real Trends list for 2015 and 2016.
When speaking about his private life, Parnes has been engaged to Adrian Abnosi since 2015, with Parnes putting a luxurious Lorraine Schwartz-designed, 4-carat diamond ring on his fiance’s finger.
Businesspersons
Charles Saatchi Net Worth
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.
Businesspersons
Mikey Teutul Net Worth
Michael Joseph was born 26 November 1978, in Montgomery, New York State USA, and widely known as Mikey Teutul, is a reality television personality, the youngest son of Orange County Choppers founder Paul Teutul, Sr. Mikey began his working life at 14, in the family business.
So just how rich is Mikey Teutul, as of late 2017? Authoritative sources estimate that Mikey has a net worth of over $3 million dollars, largely earned by working at his father’s and older brother Paul Jr,’s company Orange County Choppers (OCC), and Orange County Iron Works, and through his TV appearances.
Mikey Teutul Net Worth $3 Million
Little is known of Mikey’s early life or education – it seems to have always revolved around the family business. Helping out his family in his teens, theoretically he worked as Assistant General Manager. but his main duties were to answer ‘phones, and clear-up and take out the trash. He was on rare occasions given the chance to build bikes, until he was competent to build his own. He also attended events for promoting OCC.
In 2002, the family was invited to take part in a reality show, Discovery Channel’s “American Chopper”, and subsequently “American Chopper: Senior vs. Junior”, in the course of which the youngest son was thrown out of the business – the middle son is Daniel, and younger sister Cristin. The reason for Mikey’s exclusion was that Mikey tried to be a mediator between his father and his brother, but his father seemed to be offended that his younger son did not take his side, and so threw him out of the business. During the filming of the show, Mikey was somethoing of a comedy relief to his father’s workers, and that comedy streak helped gain him popularity in TV shows. Mikey then joined his brother’s post-OCC venture, -Paul Jr Designs – along with most of their father’s employees; obviously the work atmosphere with Paul Teutul, Sr. was not a particularly happy one. Mikey’s eldest brother Paul Jr. was the former chief fabricator of OCC.
So actually the main source of Mikey Teutul’s wealth is not his father’s business, but the shows he eventually took part in. These have included ‘The Late Show with David Letterman”, “Late Night with Conan O’Brien”, and also “The Tonight Show” with Jay Leno. The shows became very popular and Mikey’s appearances earned him a significant amount of money. To say the least, the family drama did not go without consequences – according to rumours, Mikey Teutul was suffering from an addiction problem, and consequently admitted himself to rehab, and managed to overcome the bad habits which were apparently hindering his progress in life, obviously including business.
In his life away from the businesses already referred to and the limelight of TV, Michael loves to paint, and is apparently respected for his productions, as he opened “The Wolfgang Gallery” gallery in Montgomery, New York, where he has sold or auctioned his paintings, adding somewhat to is net worth, although rumours suggest that the gallery may now be closed. Most recently, Mikey is now trying to enter the market under the moniker LLC FarQueue Products with his line of gourmet pasta sauces. Good luck, Mikey!
In his less-than-private personal life, Mikey is apparently still single – there aren’t even any rumours of romantic liaisons.
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