Businesspersons
Jeff Skilling Net Worth
Jeffrey Keith "Jeff" Skilling's Net Worth as of 2024
$2 Million
Jeffrey Skilling was born on the 25th November 1953, in Pittsburgh, Pennsylvania USA, and is a former CEO of energy, commodities, and services company called Enron. He led Enron for six months before resigning for personal reasons in the middle of 2001, four months before the bankruptcy of the group. Currently, he is imprisoned for 14 years with a projected date of the release – the 21st February 2019.
How rich is the businessman? It has been estimated by authoritative sources that the overall size of Jeff Skilling’s net worth is as much as $2 million, as of the data presented in the middle of 2016.
Jeff Skilling Net Worth $2 Million
To begin with, he was raised in New Jersey and Aurora, Illinois. Jeff was educated at West Aurora High School, but at 16, he was employed at channel WLXT. Afterwards, he studied at Southern Methodist University and Harvard Business School. Following graduation he worked as a consultant at the McKinsey & Company, later becoming a partner in the company. He then moved to Houston as an analyst for one of Enron’s banks, First City Bancorporation of Texas, but left before it failed.
Concerning his career in Enron, he started as an analyst as well as helping to create a market in natural gas in 1987. Jeff made an impression on the CEO of the company Kenneth Lay. In 1991, Skilling was promoted to the chairman position, and later he became the CEO of the aforementioned company. In 1997 he was made President and COO, by which time Enron had risen to 287th rank of the largest USA companies, before the anomalies discovered in the accounts, which resulted in the group’s implosion and firing of some 4,000 of its employees. The group was declared bankrupt at the end of 2001, with losses estimated in excess of $40 billion, which at the time was the largest bankruptcy in the history of the USA.
At the beginning of 2006, Skilling and Kenneth Lay, who had headed the company before were arraigned in court. Skilling himself faced 28 charges, including fraud, conspiracy, insider trading or false statements to audit firms. He was convicted of 19 of them (fraud, conspiracy, etc.). He argued during the trial to be innocent and ignorant of the financial arrangements of Andrew Fastow, Enron’s CFO. On the 23rd October 2006, he was sentenced to 24 years and 4 months in prison, but appealed against the decision. The Supreme Court of the USA decided in June 2010 to quash the conviction for breach of moral obligations,while recognizing the fairness of the trial in 2006, thereby returning to a new subsequent judgment. In June, 2013, his original sentence of 24 years was reduced to 14 years imprisonment. Moreover, he was fined for $45 million, which considerably reduced the total size of Jeffrey Skilling’s net worth.
Finally, in the personal life of the businessman, he has married twice, firstly to Susan Long(1975-97) with whom he has three children, although John died because of a drug overdose being only 20 years old in 2011. In 2002, Jeffrey married a former vice president of Enron, Rebecca Carter.
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.
-
Rappers9 months ago
Yung Berg Net Worth
-
Singers1 year ago
Adam Lambert Net Worth
-
Models9 months ago
Kendra Wilkinson Net Worth
-
Producers4 weeks ago
Teddy Riley Net Worth
-
Lists11 hours ago
Where are those from “Yukon Men” today?
-
Singers4 months ago
Justin Bieber Net Worth
-
Celebrity Money10 months ago
The 10 Best-Paid Musicians in the World
-
Rappers1 year ago
Lecrae Net Worth