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Joe Lonsdale Net Worth

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Joseph Todd Lonsdale's Net Worth as of 2024
$425 Million

Joseph Todd Lonsdale was born on 12 September 1982, in Fremont, California USA, to a Jewish mother and Irish Catholic father. He is an entrepreneur, investor and philanthropist, who runs numerous companies, including Palantir Technologies, Addepar and Formation 8.

A famous businessman, how wealthy is Joe Lonsdale? According to sources in mid-2016, Lonsdale has acquired a net worth of over $425 million, accumulated through his numerous investments and various business endeavors.

Joe Lonsdale Net Worth $425 Million

Raised in his mother’s Jewish religion, Lonsdale attended Mission San Hose High School in Fremont. He later enrolled in Stanford University to study Computer Science. He also studied Financial Markets and Macro-Economics, and served as Editor-in-Chief of the college newspaper The Stanford Review. During this time he worked as an intern with the financial arm of PayPal. While at college, Lonsdale became a member of Phi Kappa Psi Fraternity.

After his graduation in 2003, he worked several jobs with PayPal co-founder Peter Thiel, and was an early executive at Thiel’s global macro hedge fund called Clarium Capital, which at one point reached $8 billion in assets under management.

In 2004, along with Thiel and three other partners, Lonsdale founded an analytics software and services company called Palantir Technologies, which focused on creating information systems that became used by government and financial organizations around the world; the company became one of the most valuable companies in Silicon Valley, valued at over $20 million. Lonsdale served as a co-head of product until he built a separate division within the company with Eric Poirier, called Palantir Finance, today’s Metropolis. It is a software for data integration, information management and quantitative analytics, focused on time series and financial ontologies, which grew into a multi-billion dollar business and has greatly contributed to Lonsdale’s net worth.

In 2009 Lonsdale and Jason Mirra founded an investment management company called Addepar, and Lonsdale has since served as the company’s Executive Chairman. Addepar creates software a platform for single and multi-family offices, which has become one of the leading wealth management technology platforms in the country. Having over 100 clients, the company reached $300 billion in assets under management in 2015. Lonsdale’s wealth was significantly boosted.

In 2010 he launched a venture capital company called Anduin Ventures, a seed fund company which makes investments in information technology companies in Silicon Valley. The following year Lonsdale founded Formation 8, with partners Brian Koo and Jim Kim, focused on making investments in IT and energy companies. By representing the company, Lonsdale has served on numerous boards, such as Oscar, Radius, Hyperloop Technologies, RelatelQ, Wish, Bland Labs, and other.

In 2016 the Silicon Valley tycoon founded 8VC, with a larger group of partners, many being his colleagues from Formation 8. The fund makes investments in technology-based companies such as Asana, LoadDocs, uBiome and Common. It has served as an additional source of Lonsdale’s net worth.

Aside from the major companies, Lonsdale has founded various other companies and organizations, such as OpenGov and Zanbato. He also frequently gives public speeches at various technology events with his main subject being Smart Enterprise. The businessman is currently collaborating with singer Lady Gaga to launch Backplane.

In 2015 Lonsdale was ranked #38 on Forbes’ America’s Richest Entrepreneurs Under 40 list, and Forbes has recently ranked him #100 on The Midas List: Top Tech Investors.

When speaking about his personal life, Lonsdale hasn’t been married yet. His current relationship status is unknown to public. However, in 2015 the tycoon was accused of rape by Ellie Clougherty; the former Stanford student and model filed a lawsuit against him, claiming that he abused her sexually, emotionally and physically. Lonsdale denied all charges filing a counter suit. It was later revealed that the couple started dating while Lonsdale was the girl’s mentor at Stanford. As a result of the charges, Lonsdale was banned from Stanford. However, this only lasted a short time, as both suits were dropped.

Lonsdale is a devoted philanthropist. He serves as the Chairman of California Common Sense, a non-partisan, non-profit organization that focuses on educating the public about various government data. He is also the Chairman of ONEHOPE Wine enterprise and its ONEHOPE Foundation, focused on donating half of its profits to various charities. He is on the Board of Strive for College, a non-profit organization providing guidance to qualified students through the college application procedure, and is a part of Ashton Kutcher and Demi Moore’s non-profit organization Thorn, aimed at preventing child-trafficking and child pornography.

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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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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