Businesspersons
Steve Huffman Net Worth
Steve Huffman's Net Worth as of 2024
$4 Million
Steve Huffman is an American web-based entrepreneur, born on 12 November 1983, in The Plains, Virginia USA. He is a web developer, probably best known as the co-founder of Reddit, a social network site, and also Hipmunk, an airfare search site.
So what is the worth of Steve Huffman? As of early 2016, Huffman is estimated to have a net worth of $4 million. A worth accrued from his web based technology entrepreneurship and other duty calls.
Steve Huffman Net Worth $4 Million
Huffman attended Wakefield School in The Plains, and while in school he was able to program a calculator to help him solve arithmetic questions. He then graduated in computer science from the University of Virginia. His journey to the technology entrepreneurship started after his university education. He had an idea, collaborated with his colleague Alexis Ohanian and got help from Paul Graham to kick start the social network site Reddit. The site which was primarily designed to be a food ordering app changed when they were denied funding by Y Combinator. Graham invited them to come up with a different idea, and after some deliberations they decided to build a social network site. $12,000 funding was then approved by Y Combinator to start Reddit, which began as a simple site in 2005 with few users, but currently has about 240 million users. He also worked on the site breadpig, which was funded by Ohanian. His net worth was growing.
In October 2006, Reddit was sold to Conde Nast, however Huffman continued to head its operations. His love for technology made him link up with Adam Goldstein to create Hipmunk, which was also funded by Y Combinator. Hipmunk provides information on airfares, schedules, organizes data and other vital information to make travelling simple and comfortable. The site became successful and was able to raise an amount of $20 million in funding and revenue mobilization. Huffman was mentioned in Inc. magazine’s 30 under 30 list in 2011. In April 2012, he became an e-learning course CS253: Web Development instructor for an online eduction provider, Udacity. Of course all his activities contribute to his net worth.
Huffman was appointed CEO of Reddit after Ellen Pao resigned in July 2015. He expressed his dismay about some communities on Reddit, stating that the idea behind Reddit was not for free speech but a place for honest discussion, and not a platform for hostility. He went ahead to create new policies that enables users to choose what they want to see, and block content which demeans them.
Huffman has never hid his regret in selling Reddit and sees it as a mistake. He said they were not thinking big enough at that time, and sold it out of naivety. He is quoted to have said “Marking out a path for the development is essential, but there is some flexibility required as the path may change”. He never dreamt Reddit would be so successful, and attract the number and type of users it has now. Regardless, his net worth continues to grow.
In his new field as Co-founder of Hipmunk, Huffman believes that there is a different between running Reddit and Hipmunk; he says Reddit is social and addictive, but Hipmunk is not and this is because people travel few times and usage cannot be the same.
In Steve Huffman’s personal life, little is known of any relationship, but he apparently has little time for socialising himself.
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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