Businesspersons
Nolan Bushnell Net Worth
Nolan Bushnell's Net Worth as of 2024
$50 Million
Nolan Kay Bushnell was born on the 5th February 1943 in Clearfield, Utah USA, and is an engineer and entrepreneur widely known as the co-founder of Atari, Inc. video game development company which produced the majority of the arcade games during the 1980s, of which the most famous are certainly Pong, Pac Man, Breakout and Space Invaders. He is also the co-founder of the Chuck E. Cheese’s Pizza Time Theaters chain of American family entertainment centers and restaurants.
Have you ever wondered how much wealth this computer enthusiast has acquired? How rich Nolan Bushnell is? According to sources, it is estimated that the total amount of Nolan Bushnell’s net worth, as of early 2016, is $50 million including a mansion in Woodside, California, and has been accumulated through his career in the entertainment industry now spanning almost 47 years.
Nolan Bushnell Net Worth $50 Million
Nolan firstly showed an interest in arcade games in his high school days, when he worked at Lagoon Amusement Park. He subsequently graduated from the University of Utah College of Engineering in 1968 with a bachelor of science degree in electrical engineering. During studies, his arcade games interest deepened as he played Spacewar! Game, and in 1969, alongside Ted Dabney, Nolan Bushnell formed Syzygy studio, intentionally focused on making Spacewar clone, named Computer Space. The game was released under Nutting Associates label and earned over $3 million. This latter engagement provided the basis of Nolan Bushnell’s overall net worth.
Their appetites grew, and in 1972 the skilled duo founded Atari, Inc., video game development and home computer company. Three years later, the home version of their first game – Pong, hit the market and made a huge success. In 1977 Atari, with Nolan Bushnell as its leader, spawned a revolution in the home gaming market after releasing the Atari 2006 home video game console which immediately sold over 250,000 pieces. In the same year, Nolan sold Atari, Inc. to Warner Communications for $28 million but kept his position as the chairman. By 1982, Nolan led Atari to strengthening its position as one of the fastest-growing companies in USA with annual sales of $1.3 billion. It is doubtless that this business venture was the main source of Nolan Bushnell’s net worth.
Parallel to the development of Atari, in 1977 Nolan Bushnell started another business project – after purchasing Pizza Time Theater from Warner Communications, it became the chain of family entertainment centers originally imagined as the place where kids would eat pizza and play Atari’s video games, named Chuck E. Cheesy’s Pizza Time Theater. However, Nolan resigned from this enterprise in 1984 when the company declared bankruptcy. This business failure didn’t discourage Nolan – subsequently he founded Catalyst Technologies, one of the first business incubators with companies such as Androbot, Etak, Cumma and Axlon in its portfolio. These enrolments certainly impacted Nolan Bushnell’s net worth positively.
Although the 1990s were rough on Nolan’s wealth, and despite the fact that he had to declare bankruptcy and his possessions were seized by the banks, he managed to get back on his feet and earn millions again. In his business career so far, Nolan Bushnell has started over 20 companies, of which the major number is tightly connected to computer science and game development. Some of his more recent projects includes uWink and Brain Rush.
Nolan Bushnell is considered as one of the fathers of the video game industry and for his contribution, he has been rewarded several times – he has been inducted into the Video Game Hall of Fame as well as into the Consumer Electronics Association Hall of Fame. Newsweek named him as one of the 50 Men Who Changed America.
When it comes to his personal life, from his first marriage with Paula Rochelle Nielson, Nolan has three children. Now he is married to Nancy Bushnell, with whom he has five children. They currently reside in the family mansion in Woodside, California which Nolan bought in 1977 from coffee magnate James Folger.
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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