Celebrities
Richard Rainwater Net Worth
Richard Edward Rainwater 's Net Worth as of 2024
$2.8 Billion
Born Richard Edward Rainwater on the 15th June 1944, in Fort Worth, Texas USA, he was an investor and fund manager, earning his wealth through numerous investments in the oil industry, and starting his own company ENSCO International, and Pioneer Natural Resources, among other business ventures. Richard passed away in 2015.
Have you ever wondered how rich Richard Rainwater was, at the time of his death? According to authoritative sources, it was estimated that Rainwater’s wealth was as high as $2.8 billion, an amount earned through his successful career, active from the late ’60 until the 2000s.
Richard Rainwater Net Worth $2.8 Billion
Richard grew up in a working-class family in Fort Worth; his father was a wholesale grocer and of Lebanese descent. After high school, Richard enrolled at the University of Texas at Austin, graduating with a degree in mathematics. His education didn’t end there as he continued at Stanford Business School from which he received an MBA degree in 1968.
Soon after finishing studies, he was hired as an investment banker in a local company, but then became a manager of the Bass family fund and their main investor, securing the job on a recommendation from his former classmate Sid Bass. He received $5 million for investment in his first year of his tenure, however, several unsuccessful investments led to his dismissal.
Never afraid to ask, Richard had then spent time with several investors such as Warren Buffet, and Charles Allen, Jr., speaking to them about different investment strategies. He came back to his position as Bass family’s main investor and earned them another $5 billion in the years to come.
From then, Richard ventured out on his own, and started a number of companies, mostly in the oil industry as he saw the peak oil phenomenon. Some of the companies include the offshore drilling contractor headquartered in London, ENSCO International, and Pioneer Natural Resources Company, which is a petroleum, natural gas liquid and natural gas exploration and production company, the success of which increased his wealth to a large degree.
Thanks to his successful career Richard was presented with the Arbuckle Award at Stanford in 2010.
Regarding his personal life, Richard was married to Darla Moore from 1991 until his death in 2015, but the two had lived separately since 2001. The couple had three children together, including son Matthew, who had taken care of his father from 2011 until his death, as he was unable to perform daily operations on his own, due to the degenerative disease.
Back in 2009, he was diagnosed with the progressive supranuclear palsy, which caused deterioration of specific areas of the brain. He was 71 at the time of his death, passing away on the 27th September 2015 after several years of suffering from progressive supra-nuclear palsy.
Richard was also well-known for his philanthropic activities; in the early ‘90s, he started the Rainwater Charitable Foundation through which he supported numerous causes, including education, health, and sports, focusing primarily on improving the lives of children in need. Several years before his death, the foundation also made donations to neuroscience research projects and facilities.
Celebrities
Ben Stein Net Worth
Benjamin Jeremy Stein is an American lawyer, speechwriter, actor, writer and commentator on economic and political issues, but he is also known for participating in many other activities. For example, Ben Stein has even tried himself as a game show host. This famous person in American economics and politics was born on November 25 in 1944 in Washington, D.C., United States during World War II. He attended Columbia College and later Yale Law School. After graduation Ben Stein started to write columns and articles for different US magazines such as Newsmax, Los Angeles Magazine, Penthouse, The Wall Street Journal, Barron’s Magazine, The American Spectator and even for The New York Times.
Ben Stein Net Worth $20 Million
In his writings Stein usually speaks about the economic situation and political issues, and even gives financial advices to individual investors. However, in the mid-60s he also got the job of a poverty lawyer and later continued as a lawyer for the Federal Trade Comission. After few years of hard work, Ben Stein decided to try himself in acting too, but before starting to get roles he became a Hollywood consultant. Stein got his first comedy role and had to play a boring and monotonous economics teacher in the movie called Ferris Bueller’s Day Off, which was released in 1986. As an actor Ben Stein has since appeared in many other movies, such as The Mask, No Intelligence Allowed, Ghostbusters, Ghostbusters II, The Emperor’s New School, Full House, Casper: A Spirited Beginning, The O’Reilly Factor, Maried… with Children, Duckman, The Emperor’s New Schol, Earthworm Jim, Casper Meets Wendy, Family Guy and Richie Rich.
The famous actor and commentator is also recognized thanks to the Comedy Central channel where he was the main face of the show called “Win Ben Stein’s Money” for which he has even received an Emmy award. Ben Stein was earning $5,000 per episode, but money that contestants won was subtracted from actor’s salary. However, these earnings are just nothing if we compare them with Stein’s net worth, which reached $20 million in 2012.
Ben Stein is well known thanks to his ability to harmonize all his activities and show himself as a talented person in every job he does. But maybe one of his most successful, but not so well-known activities is writing speeches for American presidents. Ben Stein was a speechwriter for Richard Nixon and Gerald Ford. Until now Ben Stein has published 15 books, the first written together with Herbert Stein and released in 1978. In 2012 his last book appeared in stores – “How To Really Ruin Your Financial Life and Portfolio”.
Nowadays Ben Stein lives with his wife Alexandra Denman in Beverly Hills and Malibu, California. The couple married in 1968 and divorced after 6 years, but in 1977 they got back together again. With his wife Ben Stein adopted their son Tom in 1987. As well as his property in Beverly Hills, Ben Stein also owns a summer home in Sandpoint, Idaho and an apartment in the Watergate complex in Washingtton, D.C., which was inherited from his parents.
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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