Businesspersons
Wang Jianlin Net Worth
Wang Jianlin was born on 24 October 1954 in Cangxi County, Sichuan Province China, and is notable for being the chairman of Dalian Wanda Group, which is not only China’s largest real estate developer, but also the world’s largest operator of movie theatres. Most significantly, Wang is listed by Forbes magazine in 2015 as the richest person in China, and the 29th richest in the world.
So just how rich is Wang Jianlin? Forbes estimates that Wang’s net worth is more than $24 billion, much of his wealth having been accumulated from his real estate interests, not only in China but in other countries too. Of course, this sum may vary considerably from day-to-day, given the volatility of world stock markets to which Wang is now exposed.
Wang Jianlin Net Worth $24 Billion
Wang Jianlin’s father took part in the ‘long march’ which culminated in Mao Zedong and the communist party coming to power in China. Wang followed him into the red army, rising to become a regimental commander during his 17-year career, which began his rise in net worth. He joined the communist party in 1976, and is a delegate to the Chinese National People’s Congress.
Following his army career, Wang Jianlin worked as the Office Administrator for the Xigang District. In 1989, he became the General Manager of Xigang Residential Development, and in 1992, he started working as the General Manager for the Dalian Wanda Group, becoming the CEO in 1993, a position that he has held to the present day. Of course, Wang’s rising salaries contributed considerably to his net worth.
Wang Jianlin’s Dalia Wanda Group now owns 85 Wanda Shopping Plazas, 51 luxury hotels, 86 cinemas, 75 department stores, and 45 karaoke centres around China, and became the world’s largest theatre owner in 2012 when it acquired AMC Theaters, having bought out U.S.-based AMC Entertainment for $2.6 billion. The company was listed on the New York Stock Exchange in 2013. Further, Wang launched an $8 billion mini-Hollywood in the Chinese coastal city of Qingdao in September 2013. Of course, Wang Jianlin’s net worth rose commensurately with these business developments.
However, there is no doubt that Wang Jianlin is an astute businessman in a wider sphere than China. In 2014 Wang purchased the landmark Edificio España building in Madrid, Spain, from Grupo Santander, reputedly for 30% less than Banco Santander paid in 2005, and during this period had taken on billion-dollar hotel development projects in London and New York, as well as property projects in India.
In 2013 Wang Jianlin began building the world’s largest studio pavilion at Oriental Movie Metropolis in Qingdao China, including a 10,000 square meter studio and an underwater stage, with the cost estimated at $3 billion. Then in 2014, Wang bought land in Beverly Hills, California on which to build the American headquarters of his entertainment company. That Wang has such an impressive current net worth is hardly surprising.
In his personal life, Wang Jianlin married Lin Ning in 1986, and their son Wang Sicong now owns 2% of his father’s company. As with many billionaires, Wang Jianlin is also a noted philanthropist, donating many millions a year to charitable causes, including for the restoration of an ancient temple in Nanjing, and for the restoration of the Electric Fountain in Beverly Hills, California.
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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