Businesspersons
Paul Foster Net Worth
Paul Foster's Net Worth as of 2024
$1.5 Billion
Paul L. Foster was born in El Paso, Texas USA, and is a businessman, best known for being the chairman of the board of Western Refining, an oil refiner and marketer which is a part of the Fortune 200 and the Global 2000. All of his endeavors have helped put his net worth to where it is today.
How rich is Paul Foster? As of mid-2017, sources estimate a net worth that is at $1.5 billion, mostly earned through successful endeavors in the oil industry. His company, Western Refining is one of the largest independent oil refinery companies in the US which is publicly traded. As he continues his career, it is expected that his wealth will also continue to increase.
Paul Foster Net Worth $1.5 billion
Paul started work by doing a lot of manual labor tasks, such as welding pipes, cleaning tanks and digging ditches as his start in the oil industry. This motivated him to get an education. He subsequently attended Baylor University, studying and accounting major. He graduated in 1979 and would then continue to work in the oil industry, handling the books for various small oil refineries, and this started building his net worth, which continued for a number of years
In 1997, he founded Western Refining and would slowly grow the company. It helped his net worth increase immensely, as by 2006 the oil company had become the fourth largest publicly traded independent in the US. Western Refining now operates two plants that processes around 150,000 barrels of oil per day. The company also owns 200 filling stations. In 2015, the company acquired rival refiner Northern Tier Energy.
Foster started being featured in publications, and was also entered onto the Forbes 400 list of wealthiest Americans. In 2007, he was appointed by Governor Rick Perry to the Board of Regents of the University of Texas; he was elected as Vice Chairman the following year and would continue to get re-elected In 2012, he was elected as the Chairman of the Board of Regents, and continues to serve in that capacity. Other positions he’s held with the board include being the chair of the Audit, Compliance, and Management Review Committee, and was also the chair of the Finance and Planning Committee. He also served as part of Baylor University’s school advisory board from 2008 to 2010.
Aside from his oil business, Paul is also a part owner of Mountain Star Sports, which owns the baseball team, the El Paso Chihuahuas.
For his personal life, it is known that Paul has been married to Alejandra de la Vega since 2008. He has done a lot of philanthropic work too; in 2006, he donated $3 million to build the Paul L.
Foster Success Center in Baylor University. The following year he donated $50 million to help create the Paul L. Foster School of Medicine, part of Texas Tech University Health Sciences Center. In 2013, he made another donation to Baylor to fund the Paul L. Foster Campus of Business and Innovation, spanning 275,000 square feet. He’s also donated at least $1 million to the Freedom Partners Action Fund.
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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