Businesspersons
Burt Shavitz Net Worth
Burt Shavitz's Net Worth as of 2024
$4 Million
Born Ingram Berg Shavitz on the 15th of May 1935, he became famous for co-founding and being the face of the personal care products company Burt’s Bees. Burt died on 5 July 2015.
So how much was Shavitz’ net worth? Based on reports, it was estimated to be $4 million at the time of his passing, gained mostly from his previously mentioned company he owned.
Shavitz was born in Great Neck, New York State, and upon graduating from high school, unofficially changed his name to just Burt Shavitz. After college, he served in the military and upon coming back he became a photographer whose works appeared in Time and Life magazine.
In the 1970s, Shavitz decided that he didn’t want to spend his days living in an old apartment so he packed his bags and moved to Dover-Foxcroft, Maine. Living with his golden retriever and motorcycle, Shavitz learned the business of beekeeping to keep himself busy and eventually sold honey on the side of the road to earn a little income.
Burt Shavitz Net Worth $4 Million
While selling honey, Shavitz met Roxanne Quimby, a single mother of twins whom he became romantically involved with. Because of Quimby’s eye for business, from honey the two started selling candles as well in local market and fairs. Because of the growth of their sales, they eventually incorporated the company “Burt’s Bees” in 1991, bearing the face of Shavitz on their products. Around the same time, Quimby and Shavitz launched their line of lip balm and became famous internationally, leading them to move the company in North Carolina in 1994.
Though the company continuously increased its sales and net worth, Shavitz and Quimby’s relationship began cooling. In 1994, Shavitz left the company for some unknown reason, with some reports saying Quimby claimed that Shavitz was having an affair with another woman in the company, and threatened him with either leaving the company or she would sue him for sexual harassment. In 1999, Quimby bought Shavitz out of the company and gave him a house worth $130,000.
In 2004, AEA Investors bought 80% of the company from Quimby for $173 million and later on in 2007, Clorox Corporation acquired the whole Burt’s Bees for $925 million. Reports say that Quimby earned $300 million out of the deal and eventually gave Shavitz $4 million, which comprised most of his net worth.
Though Shavitz was not officially part of the company, he still graciously partook in promotional appearances for Burt’s Bees around the world. These appearances made him famous as the face of the company, and maintained his net worth.
Shavitz once again appeared in the mainstream media when his life was featured in the documentary film “Burt’s Buzz”, released in 2014. The film highlighted Shavitz’ time with Burt’s Bees and Quimby, and his life living in Maine.
In terms of his personal life, Shavitz remained single, stating in the documentary that Quimby was the only woman he truly loved. In July of 2015 Shavitz passed away from respiratory problems at the ripe age of 80 years, living in Parkman, Maine.
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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