Businesspersons
Charles Cawley Net Worth
Charles Cawley's Net Worth as of 2024
$500 Million
Charles Michael Cawley was born on 15 August 1940, in Beverly, Massachusetts USA, and was a businessman, best known for being a founding member of Maryland Bank (MBNA), which he helped create in 1982, and controlled it until its Bank of America acquisition in 2006. All of his efforts helped put his net worth to where it was prior to his passing in 2015.
How rich was Charles Cawley? As of mid-2017, sources inform us of a net worth that is at $500 million, mostly earned through a successful career in the banking industry. Aside from his work with MBNA, he also did various philanthropic works. All of these achievements ensured the position of his wealth.
Charles Cawley Net Worth $500 million
Charles attended Georgetown University and after graduating, would start working for Maryland National Bank. In 1982, he created the Maryland Bank National Association (MBNA) which he started with a small team. They worked out of a converted A&P supermarket in Ogletown, Delaware. After a year, he then introduced the concept of affinity credit cards, which are credit cards branded with an organization’s imagery. He then convinced Georgetown University to sponsor affinity credit cards for its members. As the years passed, his net worth continued to increase and company would go public in 1991. Charles assigned Alfred Lerner as the CEO and chairman of the company, while he focused on the operations. In 1997 they hired Kroll, Inc. to investigate Charles wealth, followin the construction of luxurious homes, including one with a 16 car garage for a showcase of classic cars. The investigation yielded no negative results. Meantime, MBNA would become the world’s largest independent credit card issuer with a specialization for affinity cards.
In 2002, a board of directors meeting took place which pointed out discrepancies and scandals regarding executive compensation; Cawley’s suggestions were rejected. Despite that, he was promoted to become CEO after Lerner passed away, however, due to problems with the board of directors, he decided to retire. Even before retiring, his net worth had grown to a significantly high point.
Charles was later awarded a Doctor of Humane Letters by the University of Maine thanks to his efforts in establishing the Northeast Regional Marketing Center. His family has also been known to work in the area, with his grandfather once operating dress factories in Camden and Belfast. Charles was well known for spending his time there especially during his youth. In 2005, he was inducted into the Junior US Business Hall of Fame.
For his personal life, it is known that Cawley was married to Julie Murphy, but they divorced in 2015. He did a lot of charity work and is known for making a significant donation to Saint Benedict’s Preparatory School as mentioned in The Short and Tragic Life of Robert Peace. The two have been known to be close friends. He also made political donations to George W. Bush, George H. W. Bush, and Joe Biden. Cawley passed away in 2015 at his home in Camden, Maine at the age of 75.
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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