Businesspersons
Randy Lerner Net Worth
Randy Lerner 's Net Worth as of 2024
$1.1 billion
Randolph David Lerner was born on 21 February 1962, in Brooklyn, New York City USA, of Jewish descent, and is an investor and sports team owner, best known to have been the majority owner of the National Football League (NFL) team, the Cleveland Browns. He sold the team in 2012, but all of his efforts have helped put his net worth to where it is today.
How rich is Randy Lerner? As of mid-2017, sources inform us of a net worth that is at $1.1 billion, mostly gained through success in investing. He also became the owner of the English Premier League soccer club Aston Villa FC, but then sold the club in 2016. As he continues his endeavors, it is expected that his wealth will also continue to increase.
Randy Lerner Net Worth $1.1 billion
Randy attended Columbia University, and graduated in 1984 after a year at Clare College, Cambridge UK in 1983. He and would then complete a law degree at Columbia Law School, and after graduating, became a member of the New York and Columbia Bar Associations, initially working in New York City as a lawyer.
Lerner then pursued a career in investing, working at Progressive Corporation as an investment analyst. In 1991 he turned independent, and started a firm called Securities Advisors, Inc. (SAI) which was partnered with Progressive, owning and managing the company for a decade, focusing the company in arbitrage before shifting to equity investing. In 1993, he became the director of MBNA Corporation, with his father holding a large portion of the company. After his father passed away, he became chairman of MBNA before selling it later to Bank of America. Thanks to all of these opportunities, his net worth quickly increased.
Randy then focused on sports team ownership, purchasing the Cleveland Browns in 2002, prior to which he was part of the Business Ventures Committee of the NFL. He also took an interest in several soccer teams, and later bought English Premier League soccer club Aston Villa FC in 2006, getting 60% of the club’s shares, later in the year he would become full owner of the club. He would be responsible for appointing manager Alex McLeish in 2011, then the following year, he appointed manager Paul Lambert. However, the club got into financial difficulties, and it was reported later that Randy wanted to sell the team. He had sold the Browns in the same year to businessman Jimmy Haslam. In 2015, Aston Villa’s manager became Tim Sherwood who would help them get to the 2015 FA Cup Final, however, he was also removed after the team suffered six consecutive losses. After more changes to the team, Randy eventually sold the club to businessman Tony Xia, suffering a considerable loss – many people criticized Randy for not properly investing in the team.
For his personal life, it is known that Lerner was married to Lara until 2011, with whom he has four children. He resides in Amagansett, New York, where he owns several properties. He’s also known as a philanthropist, supporting the UK National Portrait Gallery since 2002, the biggest donor to the gallery. He also gave a substantial gift to Clare College, Cambridge for the creation of the student residences named “Lerner Court”.
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.
-
Rappers9 months ago
Yung Berg Net Worth
-
Singers1 year ago
Adam Lambert Net Worth
-
Models9 months ago
Kendra Wilkinson Net Worth
-
Producers1 month ago
Teddy Riley Net Worth
-
Lists2 days ago
Where are those from “Yukon Men” today?
-
Singers4 months ago
Justin Bieber Net Worth
-
Celebrity Money10 months ago
The 10 Best-Paid Musicians in the World
-
Rappers1 year ago
Lecrae Net Worth