Orange County Choppers' Founder Paul Teutul Sr's Net Worth 2018: His Assets And Expenses
Paul John Teutul Sr. is a popular name in the world of automobiles modification. The 69-years-old actor cum manufacturer of custom motorcycles rose to fame after his reality TV series, American Chopper.
He is engaged in multiple careers. So how much do you think he accumulated as net worth? What are his assets and properties? We have all the details here.
Paul Teutul Sr.'s Net Worth: $15 Million
Paul Teutul Sr's net worth is estimated to be around $ 15 million. He is well-recognized as the star of the reality TV series American Chopper and the founder of Orange County Choppers, a manufacturer of customized motorbikes.
According to Teutel court documents, he earns approximately $16,530.81 per month whereas he spends around $20,129.17. He also gathered $100k per episode of American Choppers. He earned a total of $16,500,000 from 165 episodes of American Choppers in 2009.
Besides earnings from the show, he earned from Orange County Ironworks, a small fabrication shop, which he later passed to his son Daniel Teutul. He also gathers the huge amount of money from his company, Orange County Choppers. He started making custom bikes in 1999 along with his other son Paul Teutul Jr. His monthly salary at Orange County Choppers is $13,398.67.
The father-son duo runs a website which provides services to the customers of their company as per their requirements. They have manufactured custom bikes for several celebrities including Muhammad Ali, Bill Murray, Will Smith, Billy Joel, Jay Leno, Donald Trump, and many others.
Apart from American Chopper, Teutul Sr. has also made an appearance on various TV shows Late Night with Jimmy Fallon hosted by Jimmy Fallon, The Tonight Show with Jay Leno, Late Night with Conan O'Brien hosted by Conan O'Brien, and Late Show with David Letterman hosted by David Letterman to name a few.
Paul Sr. also adds the royalty of his two books about fabricating and automobiles to increase his net worth.
Similarly, his new show was released on the Discovery Channel from 2003 to 2010, however, later in March 2018, he filed for chapter 13 bankruptcy claiming that he owes creditors $1.8 million.
Paul Teutul Sr.'s Properties And Assets: Mansion & Car Collections
Paul Teutul Sr. lives a lavish lifestyle in the luxury mansion located on 95 Judson Road in Montgomery, New York. Later it was forcefully closed. As of February 2017, his property was listed at $870,939.43. He earned a $1.5 million mortgage from the house.
His 38-acre property featuring a pool with spa, a pool house, a hot tub, a volleyball court, a gazebo, waterfalls, woods, meadows, and a stocked pond, originally kept on the market for $2.89 million which was later reduced to $2.49 million.
His mobile house located on 20 acres in Taylor alone has three bedrooms, two and a half bathrooms, a games room, and a two-story living room priced at $201,548.
As people have a different field of interest, Paul Sr. is highly interested in automobiles. He owns great vintage car collection from the 1940s and 50s. His cars' assets market price and his earnings from them are:
|Years||Source of income||Earnings|
|2011||Value of Paul Teutul Sr.'s 1957 Ariel T-5 which he kept in an auction||$13,000|
|2013||The market price of his assets: Paul Teutul Sr.'s Chevrolet Corvette Z06||$76,000|
|2013||Paul Teutul Sr.'s 1960 Fuel Injected Corvette Convertible||$60,000|
Recently, on May 2, 2018, he admitted that his assets are valued at $658,000.
His collection consists of a 1970GTO, a 1967 396 Chevy Nova, a 1960 Corvette, a 1933 Ford Hot Rod, and a 1969 Camaro 427.
Paul Teutul Sr.: Quick Facts
- Paul Teutul Sr. aka Paul John Teutul was born on 1 May 1949, in Yonkers, New York.
- He has been married twice former Paula Teutul in 1969 and Beth Dillon in 2007.
- He has four children a daughter Cristin Teutul and three sons Daniel Teutul, Michael Teutul, and Paul Teutul Jr.
- His tattoos show his feeling towards someone or to memorize a point of time.