Patrick Whitesell Net Worth 2024

What is Patrick Whitesell’s net worth and wage?

Patrick Whitesell is an American CEO, producer and expertise agent who has a net worth $450 million. He is best-known for being one of many outstanding executives on the expertise company, William Morris Endeavor.

According to Endeavor’s IPO prospectus launched in April 2021, Ari and his colleague Patrick Whitesell collectively personal 37.6 million shares within the firm out of 430 million whole. At the time the prospectus was launched, the value per share was pegged at $24. At that degree, each Whitesell and Emanuel would have paper web worths of round $450 million.

Early Career

Patrick Whitesell started his skilled profession working within the mail room of InterTalent, a expertise company. He moved up from the mail room to an company place throughout his two years with InterTalent, after which turned an agent at United Talent Agency. After two years with United, he moved to Creative Artists Agency, the place he spent the following 5 years. During his time at Creative Artists, he rose from agent to go of the expertise division.

Endeavor

In 2001 Patrick moved over to Endeavor Talent Agency. He would later be integral within the group that designed the company’s profitable merger with the William Morris Agency.

For a interval he served as co-CEO alongside with Ari Emanuel.

The company represents such shoppers as Christian Bale, Kate Beckinsale, Ellen Page, Hugh Jackman, Jennifer Garner, Denzel Washington, Jessica Alba, Kate Hudson, and Matt Damon, amongst many, many others.

William Morris acquired IMG for $2.4 billion in 2013 and the corporate is thought right now as WME-IMG. When the corporate acquired IMG, it did so with the backing of personal fairness agency Silver Lake. After the acquisition was accomplished, Silver Lake was given a 51% stake within the new mega-agency. Ari Emmanuel Patrick Whitesell and their unique companions had been left with 47%. The estimated present worth of WME is conservatively $10 billion. At that valuation, Patrick’s fairness alone is value $400 million earlier than taxes. When Silver Lake invested, Ari and Patrick had been additionally given 10-year employment contracts that pay annual base salaries of $10 million.

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Personal Life and Real Estate

Patrick married former information anchor Lauren Sánchez in 2005. Their star-studded marriage ceremony in Santa Barbara reportedly price $2 million. In 2006, the 2 paid $11 million for a Beverly Hills mansion. In 2017, they paid $4.5 million for the vacant lot subsequent door to increase their yard. That lot was beforehand owned by the late director Tony Scott who purchased it in 2003 for $800,000. Tony’s widow offered the lot for $2.85 million to an actual property developer who then offered it to the Whitesell/Sanchezes for $4.8 million. That’s a $2 million revenue for holding the lot for ONE WEEK. Patrick and Lauren will need to have actually wished to personal it!

Patrick an Lauren’s relationship reportedly had been on the rocks for a while and the couple formally separated in late 2018. At that point, Lauren reportedly knowledgeable Patrick that she had been relationship Amazon billionaire Jeff Bezos for a while.

In early 2021, Patrick married Chilean/Australian cleaning soap star Pia Miller.

In November 2021 Patrick listed his longtime Beverly Hills property for $22 million. The Tony Scott vacant lot was listed individually for $5 million. Both properties are nonetheless listed on the market as of this writing.

In April 2021 Patrick paid $42.85 million for a 20,000 square-foot mansion in LA’s Holmby Hills neighborhood. A decade earlier the property was the longtime dwelling of Williams Sonoma CEO Howard Lester. Lester died in 2010 and his property offered the house two years later for $23 million.