Businesspersons
Jennings Osborne Net Worth
Jennings Bryan Osborne, Jr's Net Worth as of 2024
$50 Million
Jennings Bryan Osborne, Jr. was born on 21 September 1943, in Fort Smith, Arkansas USA, and was an entrepreneur, best known to have founded the Arkansas Research Medical Testing Center which was reportedly credited for testing a lot of drugs, including Viagra. He was also known for creating The Osborne Family Spectacle of Dancing Lights. All of his efforts helped put his net worth to where it is was, prior to his passing in 2011.
How rich was Jennings Osborne? As of mid-2017, sources inform us of a net worth that is at $50 million, earned through success in his business endeavors. The display of Christmas lights and decorations became a part of Disney’s Hollywood Studios,one of the most popular attractions during the holiday season.
Jennings Osborne Net Worth $50 million
Jennings started his career by founding the Arkansas Research Medical Testing Center. It proved successful and helped his net worth increase significantly. Eventually, he purchased a large estate in the middle of his town in 1976, and around 10 years later, he was asked by his daughter to decorate their home with lights, which prompted Osborne to compile and string together 1000 lights around their home. The decorations would grow bigger and bigger each year, and eventually he would even purchase two poperties beside them, to expand their lights display. In 1993, it was reported that their home had a display of three million lights.
Some of his most popular light displays include an illuminated globe, two rotating carousels of lights, a 70 foot high Christmas tree of lights, and a canopy of around 30,000 red lights. It first became an attraction in Arkansas, and soon attracted attention from around the world. However, due to the number of people visiting the place, it caused severe traffic issues and many complaints. Neighbors filed a lawsuit due to traffic congestion and the fear that the display was blocking emergency vehicles from passing by. Eventually, the county court ruled that the display was limited to 15 days and was lit from 7 to 1030 pm. Then the Supreme Court shut down the display altogether. They continued to have a light display but it was on a smaller scale.
The court case of the lights caught the attention of many, and a lot of cities wanted to host the display. Eventually, he agreed to an offer by Disney to set up the lights show on Disney’s Residential Street – the display was called “The Osborne Family Spectacle of Lights” and became a huge success. His net worth continued to build thanks to this venture. The project reportedly took 20,000 man hours to install each holiday season, with the set up starting in September, and requiring 800,000 watts of electricity. In 2004, the display moved to the New York Street Set which now included an artificial snow effect. In the next few years, the lights were choreographed to a musical store. In 2011, the project then had a major overhaul and now consisted of LED lights. The choreography was also given an overhaul. The 2015 holiday season marked the final season of the “Osborne Family Spectacle of Dancing Lights”.
For his personal life, it is known that Jennings was married to Mitzi and they have a daughter. Jennings passed away from complications following heart surgery in 2011.
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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