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Raymond Huger Net Worth

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Raymond Huger's Net Worth as of 2024
$40 Million

Raymond Huger is best known for being an IT entrepreneur and businessman, who is the President and CEO of Paradigm Solutions International. Before that, he was known as an Area Staff Director and Regional Manager of IBM, a computer company. He entered the business world during the 1970s.

Have you ever wondered how rich is Raymond Huger as of early 2016? According to authoritative sources, it has been estimated that the total size of Hunger’s net worth is currently as high as $40 million. The main source of this amount of money is coming from his successful involvement in the business industry. Another source is coming from his appearing together with his wife in a reality TV series.

Raymond Huger Net Worth $40 Million

Right after high school, in 1970 Raymond Huger enrolled at Bernard Baruch College, New York from which he graduated with a Bachelor of Business Administration (BBA) degree in Business Administration, Management and Operations in 1974. In the same year he continued his education at Fordham University, from which he earned a Master of Business Administration (MBA) in Marketing Management in 1976.

After he graduated from college, Raymond ventured into the IT industry, working for several companies before he was hired by IBM. He started slowly to build his career, and his net worth as well. His time spent at IBM counts in decades, lasting over 20 years, working as the Area Staff Director, and later as Regional Manager. During that time, his knowledge about the IT industry became enough to encourage him to start his own IT company, Paradigm Solutions in 1991. Thanks to his skills, the company soon became rather successful, and in no time it grossed more than $60 million a year in profits. In 2004, he decided to sell his company, however, there are no records of the amount, but it certainly increased his net worth by a large margin, since when he has been CEO of gas and oil company Cheyenne Resources.

Most recently, Raymond and his wife, Karen Huger, were selected for the cast of the reality TV series “The Real Housewives Of Potomac” (2016), which has also increased his net worth. The show premiered in January on the Bravo channel, and so far has 12 episodes, with an average of two million viewers per episode. Undoubtedly, Raymond`s net worth will become even bigger in the forthcoming years, as he successfully continues his career as a TV personality and entrepreneur.

Thanks to his successful career, Raymond has received several prestigious awards, such as being named in the list of Top Entrepreneurs for the 2005 year by the US Black Engineer & Information Technology magazine. When it comes to his personal life, Raymond Huger has been married to his (former)long-time girlfriend Karen Huger since 1997. They are the parents of two children. The couple’s current residence is in Maryland, USA.

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

Roberto Cavalli Net Worth

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Roberto Cavalli was born on 15 November 1940, in Florence, Italy, to Marcella, a tailor, and Giorgio Cavalli, a mine surveyor, of Italian descent. He is a fashion designer and inventor, best known as the founder of the luxury Italian fashion house Roberto Cavalli.

A major name in fashion, how wealthy is Roberto Cavalli? Sources state that Cavalli has amassed a fortune of over $500 million, as of late 2016. His net worth has been established through his involvement in fashion, and his assets include several houses, such as the luxury hilltop villa in Florence, in which he has been living for over 36 years. The extravagant estate, with pools, a vineyard and a stable of racehorses, is more like a museum of fine art. Cavalli also owns a helicopter, a 62–foot speedboat, and three luxury Ferrari sports cars.

 

Roberto Cavalli Net Worth $500 Million

Cavalli was raised in an artistic household, as his mother was a tailor and his grandfather, Giuseppe Rossi, an acclaimed member of the Macchiaoli group of painters in Italy. He attended the Academy of Art in Florence in the late ’50s, where he focused on textile print, making prints on knit that put him on the map in the eyes of major hosiery companies in his homeland. He began making T–shirts and jeans that caught on with young Italians, paving his way to recognition, and establishing his net worth.

In the early ’70s, Cavalli patented a leather printing technique, which earned him commissions from acclaimed design houses such as Hermès and Pierre Cardin. He soon presented his first women’s collection in Florence, followed by a short-lived line for men. Soon afterwards, he opened his first boutique in Saint-Tropez, France, and his net worth started to rise.

However, popularity of the minimalistic-chic fashions of new wave designers that dominated in the mid- to late-’80s, Cavalli seemed to lose his footing in the world of fashion during this time, focusing more on his private life. However, in the late ’80s, he began to apply artistic techniques to denim. Then, in the mid-’90s he presented the first sand-blasted jeans in Milan, and invented stretch jeans with Lycra, which gained an considerable popularity. He soon opened several more boutiques in Italy, and during this time he also began showing women’s lines at the Milan Fashion Week, earning a great following among fashion–forward men, women and particularly celebrities, among them singers Madonna, Jennifer Lopez and Christina Aguilera, soccer star David Beckham, the acclaimed rapper P. Diddy and the entire cast of the “Sex and the City” TV show. By the end of the decade, he had launched Cavalli Jeans, a youth oriented line which was later renamed to Just Cavalli, reinforcing his status in the world of denim and reviving his design house’s success. His wealth was significantly boosted.

Cavalli’s first store in the USA was opened in 1999, bringing the designer an enhanced level of fame and financial success; in 2004, his sales in the USA were estimated at $150 billion.

In addition to clothes, Cavalli also designs housewares, accessories, watches, jewelry, fragrance, footwear, swimsuit, underwear and eye-wear, and aside from fashion, Cavalli has also been involved in other investments, including owning several luxury cafe-stores around the world.

The acclaimed designer has created some of the world’s finest outfits, but despite being in business for over 45 years now, at 76 he is reluctant to retire, despite all that he has accomplished. His successful career has enabled him to achieve worldwide fame and to earn an impressive fortune.

In his personal life, Cavalli married Silvanella Giannoni in 1964, and the couple had two children. After their divorce in 1974, he married beauty queen Eva Duringer in 1980. They have three children together and the family resides in Florence.

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John Schnabel Net Worth

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John Schnabel was born on the 11th February, 1920, in Kansas, and died on the 18th March 2016, in Haines, Alaska, USA. He was a well known gold miner in Alaska and a shareholder of the legendary gold mine called The Big Nugget Mine. His son, Roger Schnabel is co-owner of the above mentioned mine. John Schnabel was a former mayor who served in Haines, Alaska. However, the main sources of Schnabel net worth were mining and television.

How rich was the legendary miner? According to the estimations made at the time of his death, the net worth of John Schnabel was as much as $5 million.

John Schnabel Net Worth $5 Million

To start with, John was born on a wheat farm located in Kansas. Unfortunately, the family he grew up in lost their farm during the great depression,and decided to move to Alaska. Being 12 years old, he started working as a paper boy – when he received his first salary, he managed to buy bread and cheese to nourish the family members. Later, he moved to Haines, Alaska, as John somehow felt that it was the place where he could be very successful. In 1984, Schnabel bought a claim in Porcupine Creek, Alaska, where he mined, and which later became well known as the Big Nugget Mine, and is where the 2nd, 3rd and 5th seasons of the reality television series “Gold Rush” (2010– present) aired on Discovery channel were shot. John Schnabel himself appeared in the 1st to 6th seasons as a recurring guest star, which added significant sums to the total size of Schnabel net worth and popularity. It is worth mentioning the fact that a lot of members from Schnabel family take part in the above mentioned reality series, too. Even though John suffered a heart attack during the 2nd season, he managed to recover and came back to the show.

In 2011, John decided to slow down and assigned the operation of the Big Nugget Mine to his grandson, Parker Schnabel, although he was only 17 years old at that time. However, John had not left the mine, and was advising his grandson, and actually Parker had to leave, so John resumed his former position and ran the mine despite his respectable age. Talking about mining, John Schnabel was a legendary miner who once found fifty ounces of gold in one day. Of course, that increased the outright size of John Schnabel net worth at once.

In February, 2016 John celebrated his 96th birthday and in March, 2016 he passed away. It has been reported that his death was caused by prostate cancer. A two hour special television show to honour John Schnabel has been aired on Discovery Channel. John Schnabel was buried at the Jones Point cemetery next to his late brother, uncle, father and other relatives.

Finally, in the personal life of the miner, he was married to Irma Schnabel from 1950, and they have one son named Roger and two grandsons.

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