Paul Teutul Sr Net Worth
Paul Teutul Sr net worth: Paul Teutul Sr. is an American entrepreneur and founder of Orange County Choppers and Orange County Iron Works who has a net worth of $500 thousand. Paul Teutul Sr was born on May 1st, 1949 in Yonkers, New York. Paul Teutul Sr's lifelong love affair with motorcycles began in the 70's when he was inspired by films such as, "Easy Rider" and "Hells Angels on Wheels". His love did not just end with riding bike as he soon became involved in the fabrication work. Paul eventually passed his love of bikes onto his sons Paul Teutul Jr and Michael. Eventually Teutul would go into business with Danny when they opened up Orange County Iron Works. The business became a huge success.
It was also around this time that Teutul began building custom bikes for his own satisfaction modeled after the ones he saw in films and on the streets. By 1999 he felt confidence enough in his customs bikes that he left Orange County Iron Works and opened up Orange County Choppers. Soon the bikes began to sell like crazy and Teutul was beginning to build a name for him. Teutul is a very colorful businessman with a well known bad temper. With the custom bikes, his relationship with his sons, and his emerging status as a successful businessman, Hollywood soon came calling. In 2003 the Teutuls began their successful television series "American Choppers". The show is a behind the scenes look of Orange County Choppers but on a more personal level it is a peak hole into the world of a father and his son as they work on their craft. The show has found a dedicated audience and enjoyed a successful 165 episodes over six seasons.
Bankruptcy: In March 2018, Paul Teutul Sr filed for bankruptcy. In the filing he listed debts of $1,070,893 and assets of $1,801,729. He also claimed he makes around $15,000 per month in salary as a steel fabricator. His monthly spending tops $12,600. His attorney called the filing "proactive, not reactive… which is a positive thing for Mr. Teutul."