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George Steinbrenner Net Worth

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George Steinbrenner's Net Worth as of 2024
$1.4 Billion

George Michael Steinbrenner III was born on the 4th July 1930, in Rocky River, Ohio USA of Irish and German ancestry, and died on the 13th July 2010 in Tampa, Florida, USA. He was an entrepreneur, the main owner of the baseball team the New York Yankees. Due to his authoritarian leadership style he was known by the nickname The Boss. Unlike many other team owners Steinbrenner did not hesitate to spend millions on new players to improve his team; George owned the Yankees from 1973 until 2010. Additionally, he was involved in the shipping industry in Gulf Coast as well as the Great Lakes.

How much was the net worth of George Steinbrenner? It had been estimated by sources that the outright size of his wealth was equal to $1.4 billion.

George Steinbrenner Net Worth $1.4 Billion

To begin with, Steinbrenner grew up in Cleveland. He practiced athletics and American Football at Culver Military Academy in Indiana, and also coached Athletics at Williams College in Massachusetts while he obtained his degree, graduating in 1952. After two years in the US Air Force he coached high school teams in American Football in Columbus before accepting an assistant coaching jobs at Northwestern and then Purdue University.

In 1960 he bought the Cleveland Pipers, the team that played in the National Industrial Basketball League. Establishing the American Basketball League (ABL) the team changed to that league; more, they managed to win the title in the first season. Steinbrenner was able to recruit the nationally known basketball talent Jerry Lucas in the following season, hoped to make the Pipers attractive enough to enter the NBA. The plan worked, but the ABL folded, Steinbrenner’s team had no league to play. He resolved all debts, and returned to the American Shipbuilding Company, buying-out the family in 1972, and which was in some ways his bread-and-butter for the rest of his life.

Steinbrenner tried to buy the Cleveland Indians for $9 million in 1971, but his offer was rejected. Shortly thereafter, he bought the Yankees with a group of investors including Lester Crown, Nelson Bunker Hunt and John DeLorean; thus, Steinbrenner’s dream to own a baseball club came true. He was subsequently the owner of the team for 37 years, the longest in the whole history of the team, or any other, except between 1990 and 1993 when he was suspended by the MLB for inappropriate behaviour, and after 2006 when poor health meant that he handed daily control to his sons. During that time, from 1973 to 2010, the team managed to win seven World Series titles as well as eleven pennants. Still, he was considered to be the most controversial figure, as he used to hire and fire players, and interfere in on-field choices, so George was constantly organizing press conferences trying to explain or apologize even for losses.

Furthermore, Steinbrenner became famous as a character in the sitcom “Seinfeld” (1989 – 1998), the most successful 1990s television show of its genre in the USA. These performances were seen as a tribute to Steinbrenner. Initially, he did not like the idea but later agreed to an appearance in the final episode of the seventh season; ultimately it can be seen only on DVD.

During his life, Steinbrenner received many awards including The Flying Wedge Award, Tampa Metro Civitan Club’s Outstanding Citizen of the Year Award and many other highlights. In 2011, he was inducted into the Baseball Hall of Fame.

Finally, in the personal life of George Steinbrenner, he married Elizabeth Joan Zieg in 1956, and they lived together until his death in 2010. The family has two boys and two girls. He suffered a heart attack in the morning of the Major League Baseball All Star Game, on 13th July, 2010. He rests at Trinity Memorial Gardens located in Trinity, Florida.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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Businesspersons

Charles Saatchi Net Worth

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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.

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Businesspersons

Mikey Teutul Net Worth

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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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