Celebrities
Procter and Gamble Net Worth
Procter & Gamble 's Net Worth as of 2024
$218.9 Billion
Procter & Gamble is an American consumer goods corporation founded in 1837 in Cincinnati, Ohio, USA. It is a company specializing in cleaning agents, personal care and hygiene products, with over 105,000 employees and is currently covering all five continents.
Have you ever wondered how rich Procter & Gamble is, as of early 2017? According to authoritative sources, it has been estimated that P&G’s net worth is as high as $220 billion, an amount earned through the successful sales of various products such as detergents, shampoos, toothpaste, personal and beauty products, among others.
Procter & Gamble Net Worth $218.9 Billion
Procter & Gamble was established on the 31st October 1837 by the candlemaker William Procter and soapmaker James Gamble, who emigrated from England and Ireland respectively, and settled in Cincinnati, Ohio.
From 1858 to 1859, the company recorded $1 million in sales, thanks to which a contract was won to distribute of soaps and candles during the American Civil War, while in the 1880’s, P&G started making the new, inexpensive soap that floats in water. The company continued to grow, and in 1911 they developed the shortening made from vegetable oils instead of animal fats called Crisco, while with the expansion of radio, P&G sponsored numerous radio shows, and then the “soap operas” era began.
As the market expanded, P&G moved into other countries, and in 1930 they acquired Thomas Hedley Co., which was based in Newcastle, England, and since that moment, Procter & Gamble operated as an international corporation. After WWII, P&G started producing the laundry detergent Tide in 1946, and Prell shampoo in 1947. In the mid-50s, they began selling Crest, the first fluoride toothpaste, while in 1957 P&G began producing toilet and tissue paper products, following the purchase of Charmin paper mills. The first disposable diapers called Pampers came out in 1961, and the same year P&G began making the famous shampoo Head & Shoulders. As the corporation continued to grow, P&G bought various companies such as Max Factor, Old Spice, and Pantene, among others, considerably increasing assets and boosting sales.
With the acquisition of Gillette in January 2005, Procter & Gamble became the largest consumer goods company in the world, adding such brands as Gillette razors, Oral-B, Duracell, and Braun. Although they were involved with food production as well, P&G decided to sell Pringles snack foods to Kellogg’s in 2012 for $2.75 billion, so at the moment, the company is producing 65 brands worldwide.
Procter & Gamble operates in ten different categories such as baby care, fabric care, family care, feminine care, and grooming. They are also making products for grooming, hair care, home care, oral care, personal health care, and skin & personal care. The P&G’s board of directors currently consists of ten members: Frank Blake, David S. Taylor, Angela Braly, Kenneth Chenault, Patricia A. Woertz, Scott Cook, Terry J. Lundgren, W. James McNerney, Jr., Meg Whitman, and Ernesto Zedillo. Some of P&G’s brands with net sales of $1 billion or more per year are: Always, Ariel, Gillette, Head & Shoulders, Oral-B, Pampers, Pantene, and Tide.
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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