Businesspersons
Pax Prentiss Net Worth
Pax Prentiss's Net Worth as of 2024
$15 Million
Pax Prentiss, born in 1976, is an American businessman and former heroin addict, famously known as the CEO and co-founder of the controversial treatment facility center “Passages Malibu” and “Passages Ventura”.
So how much is Prentiss’ net worth? As of early 2016 it is reported to be $15 million, gained mostly from the operations of his treatment facilities and the sales of his book.
Pax Prentiss Net Worth $15 Million
Prentiss was born in California, and was a drug addict for over ten years, trying everything from heroin, to cocaine, and even alcohol. Such addiction led him to lose his friends and family, and also his fortune. After several years, his father Chris found out about his addiction and helped him recover from the disease.
Father and son tried everything to cure Pax’s addiction. Chris sent Prentiss to an isolated cabin in Big Sur in California for nine months, but he relapsed quickly upon return. Prentiss also tried various treatment facilities using the popular 12-step method of addicts and alcoholics, but nothing changed. Eventually, Prentiss became sober, saying that he achieved it through the program he and his father had created.
In 2001, Prentiss and his father Chris opened “Passages Malibu Addiction Treatment Center”, located in Malibu, California. The facility applies the same principles that Prentiss used to achieve sobriety, focusing on one-on-one sessions with patients instead of group counselling, concentrating on their underlying problems and concerns, rather than looking at them as people with an incurable disease.
“Passages” garnered success over the years with its one of a kind program. For an estimated amount of $88,500 a month, patients will receive therapy from different specialists ranging from family therapists to hypnotherapists. Patients can also enjoy acupuncture, life and spiritual coaches and even gourmet meals. The success of the center has increased Prentiss’ net worth over the years.
However, despite the achievements of Prentiss and his facility, they have been bombarded with controversy because of their program. “Passages” does not use the famous 12-step method, popularly used by the “Betty Ford Clinic”, and does not endorse patients to similar programs after leaving the facility, because they are already ‘cured’. Critics are also questioning the expensive facility, calling it one of the largest and most expensive in Malibu. While “Passages” bills patients $88,500 a months, other facilities average to $30,000.
Despite the controversy, “Passages” and Prentiss continue to flourish, and the father and son team plans to expand their rehabilitation centers. In 2009, they opened “Passages Ventura” a cheaper option for $32,500 a month, and plan to open new facilities in Santa Barbara, California and in The Hamptons, Long Island, New York which will very likely expand their net worth. Prentiss also wants to apply the same program of “Passages” but for a non-profit organization, focusing on youths and homeless adults who need help.
Aside from their facility, Prentiss and his father have also co-authored a book “The Alcoholism and Addiction Cure”. The book includes their story of recovery from addiction and teaching others to do the same.
In terms of his personal life, Prentiss has never married, but has a daughter named Taylor who he is raising – the product of a casual affair – and who he says is his inspiration to being better.
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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