Businesspersons
Mikhail Khodorkovsky Net Worth
Mikhail Borisovich Khodorkovsky's Net Worth as of 2024
$100 Million
Mikhail Borisovich Khodorkovsky was born on 26 June 1963, in Moscow, (then) Russian SFSR, Soviet Union, of Jewish and Russian descent. Mikhail is a philanthropist, businessman and former oligarch, best known for formerly being the wealthiest man in Russia. He founded several businesses during his career, which were eventually seized by the government. All of his endeavors have helped put his net worth to where it is today.
How rich is Mikhail Khodorkovsky? As of early-2017, sources inform us of a net worth that is at $100 million, mostly earned through the success of his numerous endeavors. Much of his wealth however, was lost after the Russian government took action against him. There is still a lot of speculation about the worth of his current assets and may prove to increase his net worth as time passes.
Mikhail Khodorkovsky Net Worth $100 million
Mikhail attended the D. Mendeleev University of Chemical Technology of Russia, where he became the deputy head of the Communist Youth League, or Komsomol. He graduated in 1986 with a degree in chemical engineering, then started working as part of the Komsomol and started foraying into various business opportunities. He opened his first business in the same year, a private café, then ventured into other opportunities such as finance, computers and many more.
Khodorkovsky and his partners then opened a Center for Scientific and Technical Creativity of the Youth, which was actually involved in importing various products. Eventually, this led to the founding of Bank Menatep which was one of Russia’s first privately owned banks, and would prove controversial as the bank held government funds for months at a time at the expense of the recipients. They also had auctions that were reportedly rigged, which allowed him to acquire the Yukos oil company.
He would become an economic advisor to the first government of Boris Yeltsin, then in 1992 Mikhail became the chairman of the Investment Promotion Fund, and he was also appointed as the Deputy Minister of Fuel and Energy of Russia. Four years later, he started to increase his net worth significantly, thanks to currency trading. This led him to acquire stakes in multiple companies, then becoming an oligarch who would have controlling interest in many of them. During the 1998 Russian economic crash, his bank would go under, and Yukos would also have a problem due to oil price drops. This led him to start the Open Russia foundation, and begin funding numerous projects and a lot of non-government organizations in Russia.
In 2003, Khodorkovsky planned to merge the Yukos with Sibneft, which would make his oil reserves as large as most Western petroleum multinationals, actually the second largest possessor of oil reserves in the world. Thanks to rising oil prices, he was called the richest man in Russia with a fortune that was at $16 billion, a staggering increase of his net worth over the years. The merger was not continued because he was arrested on suspicion of illegally acquiring a stake in the state-owned firm Apatit. He was charged with fraud, tax evasion, and numerous other crimes. In an interview Mikhail mentioned that the charges were “retribution for financing political parties that opposed Putin”. He stayed in prison until 2013 when he was pardoned by Putin, since when he’s vowed to move away from politics and business.
He was exiled from Russia after his release, and he would become a keynote speaker for numerous events around the world. He eventually re-launched the Open Russia movement, and would also launch a website that promoted alternatives to Putin.
For his personal life, it is known that Mikhail married Yelena Dobrovolskaya while he was in college; they have a son but the couple eventually divorced, despite which the two have remained on good terms. Before their divorce, he met Inna whom he would later court and later marry – they have three children.
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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