Businesspersons
David Portnoy Net Worth
David Portnoy's Net Worth as of 2024
$3 Million
David Portnoy was born in 1977, in Swampscott, Massachusetts and is a businessman. He became known because of his sports and men’s lifestyle blog, called “Barstool Sports”. He is nicknamed “El Pres” or “El Presidente”.
So just how rich is David Portnoy? Sources estimate his net worth is $3 million. David makes all his money from his business, which seems to be going very well, as his net worth increased by $1 million in the last three years. The main source of income is the sport blog Barstool Sports, a site “For the common man, by the common man”, as it was described by its owner. David Portnoy owns a house in Milton, Boston, and drives a 2010 Audi Quattro.
David Portnoy Net Worth $3 Million
David Portnoy graduated from the University of Michigan in 1995 and has a degree in education. He then decided to go back home, to Boston. In 1999, the businessman started working for a local technology market research firm, called Yankee Group. As he was more into gambling, he decided to focus on this area and, in 2003, he quit his job and started publishing a newspaper with just four black-and-white pages which featured gambling spreads, which he improved by writing about other topics, and in order to attract more advertisers. He started to get contracts with both local and national brands, including the Lyons Group, Bud Light and Miller Lite.
David Portnoy moved his business online, and now there are franchise sites in several important cities in the USA, such as New York, Washington, Philadelphia, Iowa, and Chicago. David Portnoy uses his site also to sell concert tickets and branded merchandise in order to grow the site’s popularity and number of visitors, and increase the site’s earnings from advertisement. He creates also a lot of controversy with some of the comments added online for the same reasons. The strategy seems to work, as in 2010 alone Portnoy’s website received $120,000 as sponsorship for the Barstool Sports’ events, including about 1.5 million unique visitors a month, who were generating five million unique page views monthly. Three years later in 2013, Barstool Sports was already having 4 million unique visitors and about 80 million page views a month. The site has a Facebook page followed by 350,000 fans and 202,000 followers on Twitter. In 2012, the blog’s worth was estimated to $900,000.
Besides the blog, David Portnoy is a racehorse owner, actually part-owner of six horses, and also likes gambling, which is in fact his first passion and the reason why he created the blog that made him famous. He declared for americasbestracing that his largest winning bet was about $10,000.
David Portnoy is not only a businessman, but also a writer. He spends about 10 hours a day in front of his laptop working on his blog.
David Portnoy spends a part of his income on charities. In 2013, Barstool Sports raised $250,000 for the victims of the Boston Marathon bombings and, in 2015, they obtained $104,000 to donate for the families of two police officers who had been killed. David Portnoy likes to keep his private life away from the public and the media. He is married to Renee Portnoy.
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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