Patrick Whitesell has accumulated immense fame and wealth. Image Source; Wikimedia Commons.
Patrick Whitesell is a CEO, producer, and talent agent from America. He is the executive chairman of Endeavor, an entertainment and media Agency. Patrick, who started his career in the mailroom of InterTalent, a talent agency, is now one of the well-known businesspeople.
Patrick has amassed an enormous fortune and fame in his career. According to Celebrity Net Worth, Patrick Whitesell’s net worth is $300 million. He added such an enormous fortune to his name from various ventures and projects. Let’s learn more about the famous business person’s net fortune and how he managed to earn such massive wealth.
Patrick Whitesell Net Worth And Career
As stated earlier, Patrick Whitesell’s net worth is estimated to be $300 million. He has amassed such a massive fortune through various business ventures, companies that he has worked in, and from his profession as a producer and talent agent.
An alum of Luther College, Patrick started his professional career by working in the mailroom of InterTalent, a talent agency. He was then promoted to an agency position from the mailroom. After his two years with InterTalent, he became an agent at United Talent Agency. He then moved to Creative Artists Agency and worked there for five years. During his five-year tenure at the agency, he was promoted to head of the talent department from agent position. According to PayScale, an average base salary of a talent agent in the USA is $49,228 per year. So, he must have earned considerably as a talent agent.
Also Read: Morgan Wallen Net Worth.
Income As A CEO
After ending his five-year tenure, Whitesell moved to Endeavor Talent Agency in 2001 and served as its executive officer. Along with the company’s co-founder Ari Emmanuel, he worked with the group that designed the agency’s successful merger with the William Morris Agency. With the merger, the company William Morris Endeavor Entertainment LLC was formed in 2009. The company quickly took over the global talent agency market.
In 2013, William Morris bought IMG for $2.4 million. This company is known today as WME-IMG. While acquiring the company, a private equity firm named Silver Lake invested in the company. After they bought the company, Silver Lake was given a 51% stake in the new mega-agency, WME-IMG. Ari Emmanuel, Patrick Whitesell, along with their original partners, were left with 47%. It is also believed that Ari owns around 15%, and Patrick owns about 10% of the company. His 10% equity alone is worth $400 million before taxes.
Ari and Patrick were also given 10-year employment contracts, which would pay Ari and Patrick with the base salary of $10 million. As a co-CEO, Patrick has accumulated an enormous fortune. His net worth increased over the year while working at the company that represents celebrities like Jennifer Aniston, Matt Damon, Denzel Washington, Ryan Reynolds, and singers like Adele, Drake, Selena Gomez, Calvin Harris, and many others.
Income From Other Ventures
Apart from being a CEO, Patrick has also acted in two movies. He has appeared in movies like Knight of Cups and I’m Still Here. These two movies grossed $1,026,288 and $626,296 worldwide, respectively.
These movies must have also helped him earn significantly, hence increasing his net worth.
Divorce Settlement
The multi-millionaire CEO Patrick Whitesell was married to Lauren Sanchez, an American news anchor, actress, and pilot. They tied the knot in August 2005 and have two children together, Evan Whitesell, born in June 2006, and Eleanor Patricia Whitesell, born in January 2008. Lauren filed for divorce from Patrick Whitesell in April 2019 and was finalized in October 2021.
Following the divorce, they decided that they will share joint physical custody of their son and daughter. Regarding the property settlement, they will divide the property according to the terms of their prenuptial agreement. Soon after their separation, Lauren started dating Jeff Bezos, one of the richest people globally with an estimated net worth of $180.6 billion. On the other hand, Patrick is engaged to actress and model Pia Miller.
Lifestyle And Assets
As stated earlier, Patrick Whitesell has amassed an enormous fortune from his various business ventures. With a net worth like that, he lives a comfortable lifestyle with his family in Malibu, California.
Patrick Whitesell was married to former news anchor and pilot Lauren Sánchez from 2005 to 2018. They got married grandly in Santa Barabara, which reportedly cost $2 million. As per Celebrity Net Worth, in 2006, the couple bought a mansion in Beverly Hills for $11 million. Similarly, they also purchased a vacant lot next door for $4.5 million. They used the vacant lot to expand the yard of their house. The late director Tony Scott previously bought the lot for $8K. Later, Tony’s widow sold the lot for $2.85 million to a real estate developer. Then only it was sold to Whitesell and Sanchez for $4.8 million.
Patrick enjoys a comfortable lifestyle with his soon-to-be wife, Pia Miller. The couple got engaged in November 2020 and shared the news through a post on Pia Miller’s Instagram. Since he is a multi-millionaire, he must have paid an enormous amount for the ring and Dailymail estimates the ring to be worth between $800,000 and $1.4 million. Pia, a Chilean-born American model, was married to former Australian rules football player Brad Miller. She has two sons, named Isaiah Powell, born in March 2003, and Lennox Miller, born in October 2006. They are expected to get married in 2021.
Trivia And Facts
- Patrick Whitesell was born on February 4th, 1965, in Iowa Falls, Iowa, USA.
- Patrick’s parents are John Patrick Whitesell and Patricia Whitesell.
- He grew up with his brothers John Whitesell, Sean Whitesell, Chris Whitesell, Jim Whitesell, and Tom Whitesell.
- Patrick’s ex-wife Lauren is reportedly dating Amazon’s CEO, Jeff Bezos.
- Patrick is an appointed member of the Governor’s California Film Commission.
- Patrick also serves as an associate member of the Academy of Motion Picture Arts & Sciences.
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