Businesspersons
Larry Gagosian Net Worth
Larry Gagosian's Net Worth as of 2024
$300 Million
Larry Gagosian was born on the 19th April 1945, in Los Angeles, California, USA of part-Armenian origin, and is a dealer of modern and contemporary art. He is the owner of the Gagosian Gallery chain, and runs 13 Gagosian Galleries worldwide. He has been active in the art industry since the late 1970s.
How much is the net worth of Larry Gagosian? It has been estimated that the overall size of his wealth is as much as $300 million, as of the data presented in the beginning of 2017. Art is the main source of Gagosian’s fortune.
Larry Gagosian Net Worth $300 Million
Firstly, Larry Gagosian eventually graduated from UCLA in 1969 with a degree in English Literature. He moved into art (branch name: Go-Go) after operating a poster shop in Santa Monica, before opening a gallery for contemporary art in San Francisco in 1977. Among his first artists were Richard Serra, Frank Stella and Jean-Michel Basquiat, whose works he mainly sold to film makers in Hollywood, and also to industrialists from the American West Coast. In 1985, Gagosian opened a gallery in a penthouse on Madison Avenue, New York, and the same year he launched another gallery based in Soho alongside his partner Leo Castelli. At the beginning of the 1990s, another gallery in New York was opened, in which the heavy weight sculptures by Walter de Maria and Richard Serra were exhibited. Serra’s sculpture “Intersection II” was sold directly from the garage to the Museum of Modern Art. Gagosian’s net worth was well established.
Furthermore, Gagosian has created a gallery empire that makes him one of the world’s most powerful artisans. He shows the painters and sculptors he represents in his own galleries at eight locations in New York, Beverly Hills, London, Rome and Athens as well as at international art fairs. In addition, he gives exhibitions of these artists worldwide in museums and private art galleries. For an exhibition of the Japanese artist Takashi Murakami, he utilised the Museum of Contemporary Art (MOCA) in Los Angeles in 2008.
Gagosian does not represent young, up-and-coming artists, only those well known. He represents among others Damien Hirst, Tracey Emin, Rachel Whiteread, Glenn Brown, Frank Stella, John Currin, Jake and Dinos Chapman, Jasper Johns, Gilbert and George, and Nan Goldin. The annual turnover of art made by Larry Gagosian is estimated to be $925 million dollars, which undoubtedly increases the total size of his net worth.
In 2003, the USA government accused Larry Gagosian and three of his business partners of avoiding $ 26.5 million of income tax. In 2016, Gagosian hit the headlines because of a Picasso gypsy, apparently sold twice; the case was brought before a New York court and settled in the middle of 2016, after payment of financial compensation at an unknown level.
Finally, in the personal life of Gagosian, rumours abound of a brief marriage, and possibly a current one and with a daughter, but are unconfirmed.
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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