Connect with us

Businesspersons

Cem Habib Net Worth

Published

on

Cem Habib's Net Worth as of 2024
$50 Million

Cem Habib, born on July 1975, is a Turkish businessman who is known to take part in high stakes companies, but came under the public spotlight when he married London socialite Caroline Stanbury, one of the cast of the reality television show “London Ladies”.

So how much is Habib’s net worth? As of mid-2016 it is reported by authoritative sources to be $50 million, acquired from his successful career in business still spanning less than 20 years.

Cem Habib Net Worth $50 Million

Although born in Turkey, Habib grew up calling London his home. Later in life, he flew to Washington, D.C. in the United States to attend American University, where he studied at the Kogod School of Business. He graduated with a BA in International Business and a BSc in Finance.

Habib’s career started in 1996 when he worked at the Millburn Corporation, an Investment Management company. He became part of the company’s Investment Committee, focusing on its offshore funds; after almost four years in the company Habib decided to leave in 2000. Although short, his time in Millburn started his net worth and the knowledge he acquired in the company led him to start his own in 2001, AltEdge Capital.

AltEdge Capital is a hedge fund sponsor that provides advisory services to clients, manages their funds and also invests in the hedging markets, public equity and fixed incomes in the United States. Aside from being one of its co-founders, Habib also served as AltEdge’s Principal, Portfolio Manager, Investment Adviser, Head of Research and member of its Investment Committee. His net worth rose commensurately with his success.

After eight years, alternative investment management company Cheyne Capital acquired AltEdge, part of the deal being that the acquisition made Habib one of Cheyne’s Partner, and a very wealthy man. After the acquisition, Habib only stayed with Cheyne for one year, and later he became the CEO of SB Group.

Habib held the position of CEO for SB Group, an investment banking firm in United Kingdom, for almost four years. His years of experience in the world of investments made him a successful CEO, and immensely helped his net worth. In 2014, he left the company and moved to CIS Private Equity Management Limited, serving as one of its Partners up until today.

Aside from his busy career as a thriving businessman, Habib became visible in the public eye in 2014, when he appeared on his wife’s reality show “Ladies of London”. Caroline Stanbury, a socialite and businesswoman became part of Bravo’s reality show in 2014, and Habib has been making appearances ever since. His charm seems to effect the viewers in some way, and has made him a bit of a star. His position in CIS and sporadic appearances in “Ladies of London” have helped him build and maintain his net worth.

In terms of his personal life, Habib and Stanbury have been married since 2004, and the couple has three children, Yasmine and twins Aaron and Zach; the family and live in London.

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.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Actors

Jeff Beitzel Net Worth

Published

on

Jeff Beitzel was born in the United States of America, and was a businessman and reality television personality, best known for establishing several successful automotive companies such as Quantum Fuel Systems, of which he was the COO, and also for starring in the reality show “The Real Housewives of Orange County”. All of his efforts helped put his net worth to where it was prior to his passing.

How rich was Jeff Beitzel? As of early-2017, sources inform us of a net worth that was at $3 million, mostly earned through the success of his numerous companies. He helped create and expand several automotive businesses, serving in high positions in them. He reportedly earned a salary of $725,000, but all of his achievements ensured the position of his wealth.

Jeff Beitzel Net Worth $3 million

Jeff attended Lehigh University, and would graduate with a degree in mechanical engineering. After his studies, he started working at the Ford Motor Company, and after gaining a lot of experience, he began establishing his own automotive businesses, which included Quantum Fuel Systems Technology; the company focuses on fuel storage, fuel efficiency, and natural forms of fuel. Beitzel eventually rose up to become the COO of the company in 2005. Other groups he worked for include Tecstar Automotive Group (formerly Starcraft Corp.) and Powertrain Integration. He served as the Co-Chief Executive Officer of Tecstar and was the president of Tecstar subsidiaries, as well as the President of Powertrain Integration. Quantum Fuel Systems eventually merged with Tecstar, but Powertrain Integration on the other hand focuses on powertrain solutions including highway systems, alternative fuels, and other services. Thanks to all of these endeavors, his net worth continued to increase.

Jeff eventually became engaged to reality television star and businesswoman Gretchen Rossi. Since then, he started appearing in the hit reality TV show “The Real Housewives of Orange County”, which helped somewhat in increasing his net worth further. The show started in 2006 airing on Bravo TV, its premise being to show the professional and personal lives of several women residing in Orange County. Rossi started appearing in the show during the fourth season, and Jeff started getting featured on the show when they became engaged. The show also featured his battle with leukemia.

For his personal life, it is known that Jeff was married five times before becoming engaged to Rossi; he passed away in 2008 from leukemia. After his death, his ex-wife and three children started challenging Rossi in the press, claiming the Beitzel never really intended to marry her. The issue was also brought out because it was reported that Jeff left Gretchen several million dollars in his estate. Despite this, Rossi has shrugged off most of the statements against her and even dedicated a social media post to Jeff during the anniversary of his death. She’s also reported to have spent time with his kids, even amidst rumors of infidelity during their relationship. One of Jeff’s children has commented that all the publicity didn’t really matter, because in the end his father loved Rossi.

Continue Reading

Billionaires

Gautam Adani Net Worth

Published

on

Gautam Shantilal Adani was born on the 24th June 1962, in Ahmedabad, Gujarat, India and is a businessman, widely known as a founder and the chairman of the multinational conglomerate Adani Group. Adani has been active in the business of coal mining and gas distribution since 1988.

How much is the net worth of Gautam Adani? It has been estimated by authoritative sources that the overall size of his wealth is as much as $8.8 billion, as of the data presented in the middle of 2017. Adani Group is the main source of Adani’s fortune.

Gautam Adani Net Worth $8.8 Billion

To begin with, the boy with his seven siblings, was raised in Ahmedabad by his parents Shanta and Shantilal Adani. He was educated at the Sheth Chimanlal Nagindas Vidyalaya school, then entered Gujarat University to study commerce, yet he dropped out.

Currently, the billionaire Gautam Adani owns the largest brand of oil in India. The company was founded in 1988, with Gautam the founder and current president. He said he created his Group with a vision of Nation Building, that is to say by developing assets that he believes are important economic issues for the country. The Adani Group has grown rapidly by diversifying into import – export – it opened its own port in Mundra, to better control its trading operations. Construction began in 1995 and in 1998 it became one of the major sources of foreign exchange for India.

The following year, the company embarked on financial and energy speculation with coal trading, and soon created a joint venture (Adani Willmar) in the field of petroleum products trading in 2000. A second phase began for the group with the creation of large infrastructures. The company created a portfolio of ports, power stations, mines and a fleet of ships and railway lines in and out of India. In 2006, the company became the largest importer of coal in India – 11 million tons. Adani sought to be less dependent on the coal market, so he started to buy and control coal mines. Thus, he bought the Australian group Linc Energy, in order to supply the group’s coal-fired power stations. In 2008, he bought the Bunyu mine in Indonesia , with 180 million tons of coal reserves, and the following year, Adani Group became an energy company, producing 330 MW of thermal energy. In 2011, the group also decided to buy the exploitation rights of a large part of the Galilee coal basin in Australia. To prepare for the import of Australian coal, he ordered a large-capacity coal terminal at Mundra (the largest in the world) and in the same year he bought the Australian port of Abbot Point. This project is yet to come to fruition.

In 2012, the Group began a 3rd phase of development as integration infrastructure, renewing its logo and developing a new identity. The company focuses on three areas: resources, logistics and energy. Subsequently, under the direction of Gautam Adani, the Adani Group became a multinational conglomerate active in the production of electricity – especially through coal – and port terminals, logistics and agribusiness. It is India’s largest developer and port operator. The Group is the major source of Gautam Adani’s net worth.

Finally, in the personal life of Gautam, he is married to Priti and they have two children.

Continue Reading

Recommended

Singers1 day ago

Jon Pardi Net Worth

Early Life and Initial Career Jonathan Ryan Pardi was born on 20 May 1985, in Dixon, California, USA. He is...

Politicians4 days ago

Paul Kagame Net Worth

Paul Kagame was born on October 23, 1957 in Tambwe, Ruanda-Urundi (now Nyarutovu, Rwanda). He is a politician, best known...

Instagram4 days ago

Who is Aishah Sofey? Her Age, Bio, Facts, Height, Boyfriend

Aishah Sofey, a popular Canadian model, Instagram, and TikTok star, is widely recognized for her stylish fashion posts. In addition...

Luxury1 week ago

Serena Williams Takes Home $426,000 After Winning Rogers Cup

Serena Williams is still one of the most feared female tennis player on the planet. Just last week, Serena continued...

Luxury1 week ago

$8637 Per Hole So Far For Tiger Woods

The news that Padraig Harrington created $8637 per hole so far this season is fairly astounding. It is a man...

Entertainment1 week ago

Grey’s Anatomy Recap: Richard Makes A Shocking Confession

It’s all aboard the battle bus for almost all of the physicians at Gray Sloan Memorial. From babies to examinations,...

Celebrity Money1 week ago

Charlie Sheen Gives $12000 for Paparazzi Funeral

Former Two and a Half Men star donated $12,000 for the funeral expenses of the paparazzo who was killed while...

Beauty1 week ago

Lohans Half Sister Spends $25000 on Surgery to Look like Lindsay Lohan

How much would it cost to appear just just like Lindsay Lohan? Lindsay’s halfsister, Ashley Horn, invested $25,0000 on plastic...

Biographies1 week ago

Top 10 Biggest Economies in the World 2013

They are the world-wide economic heavyweights this year, estimated to be having the current largest economies on the planet. Here’s...

Companies1 week ago

BlackBerry Expected to get $500 Million Tax Refund

BlackBerry is poised to get a huge tax break. Within the 2nd quarter of FY 2014, BlackBerry posted a tax...

Trending