Net Worth

Patricia Altschul Net Worth: Take A Look At How Wealthy Is She?



In this article, we will discuss the topics like, What is the net worth of Patricia Altschul? Everything about Patricia Altschul and also How much money has she amassed? Therefore, if this is something that piques your curiosity, stick with us.

How Much Money Does Patricia Altschul Have?

Patricia Altschul is an American socialite and reality TV star with a $100 million net worth. Patricia Altschul is known for being very involved in the art world and for being on the hit Bravo reality show “Southern Charm,” which was made by her son Whitney Sudler-Smith and airs from 2014 to the present.

Altschul used to be a socialite in Manhattan and now lives in Charleston. She is a fan favourite on “Southern Charm” because of her energy and funny comments about her son’s life. In 2017, Patricia wrote a book called “The Art of Southern Charm.” In 2020, she released The Patricia Altschul Luxury Collection, which is described as “where luxury meets accessibility.”

Early Life And Professional Career

Patricia Madelyn Dey was born in Jacksonville, Florida, in 1941. She grew up in Richmond, Virginia. Francis Pearl Sudler Dey and Walter Pettus Dey were her parents. Walter Pettus Dey was a doctor who went to the University of Alabama and got his medical degree from Tulane University in 1909.

patricia altschul net worth

Patricia went to Marymount School, Olney Friends School, and George Washington University for her education. In 1964, she got her bachelor’s degree magna cum laude in art history and archaeology, and in 1965, she got her master’s degree in the same fields. She began as a teacher at George Washington University and then became an assistant professor of art history there. She lived in Georgetown for a long time and later owned and ran Arcadia, a private art gallery that sold major paintings by artists like Georgia O’Keeffe, Martin Johnson Heade, Frederick Church, and Winslow Homer.

Altschul wrote and published the book The Art of Southern Charm in 2017.

The Patricia Altschul Luxury Collection was released on the Home Shopping Network in 2020.

Relationships And Social life

Altschul married L. Hayes Smith in 1962. The couple lived in Virginia. They had homes in Falls Church and McLean. Whitney Sudler-Smith, who makes movies and TV shows, was born in 1968 in Washington, D.C. Also, in 1979, they split up.

In 1989, Patricia got married to Edward Stitt Fleming, a doctor and business owner. Also, in 1995, the couple divorced amicably. Dr. Fleming was a psychiatrist who lived and worked in Washington for a long time. He started the Psychiatric Institute of Washington and the Psychiatric Institutes of America. He started Psychiatric Institutes of America, a private provider of inpatient psychiatric care, in 1969 and ran it as president and CEO until he sold it in 1983.

patricia altschul net worth

Arthur Goodhart Altschul was a general partner at Goldman, Sachs & Company from 1959 to 1977 and a limited partner after that. They got married in 1996. He was also one of the founders of General American Investors. Altschul was a well-known art collector, especially of paintings by Neoimpressionist, Pointillist, Nabis, and Ashcan School artists. The Yale University Art Gallery put on a big show of works from its collection. Altschul was the head of the board at Barnard College and a member of the boards at the Metropolitan Museum of Art, the Whitney Museum of American Art, the National Gallery of Art, and the Smithsonian Institution. His Overbrook Foundation owned more than $150 million worth of things. Arthur Altschul died in 2002.

When Patricia was married to Altschul, they went to a lot of parties together. After the attack on the World Trade Center, a reporter for the New York Times wrote an article about whether or not people should go to parties like the upcoming gala for New Yorkers For Children. The article asked if people should go to parties like this after 9/11. She talked to Patricia, and then she wrote:

“People were asking, ‘Should I go? Is it okay?'” said Patricia Altschul, who is married to investor and philanthropist Arthur Altschul. She had thought about wearing black (“It seems soberer”), but decided on a pale green silk suit, embroidered with flowers, by Oscar de la Renta. “Yes, I was going to wear black, but at some point, you have to get back to life,” Mrs. Altschul said. “I think Mayor Rudy Giuliani gave everyone permission to go out with their friends.”

patricia altschul net worth

Altschul was on the boards of the NYHS and the Rockefellers’ Hudson Hills Trust because she donated. Jay McInerney labelled her one of New York’s “Big Girls” Big Girls “keep the benefit circuit going” Patricia’s friends Georgette Mosbacher, Deeda Blair, and Carolyn Roehm, Henry Kravis’s ex-wife and a Manhattan designer, were often seen with the Altschuls.

In 1997, Ambassador Hushang and Maryam Ansary sold their 15-room Long Island estate called “Southerly,” which looked out over Oyster Bay. It was bought by Arthur and Patricia Altschul. They hired Mario Buatta to do some remodelling. Mrs. Altschul later told The New York Times, “The view is amazing and magical. You can see the water from every room in the house.”

Patricia decided to sell “Southerly” after Arthur died and move back to the South. The New York Times reporter M.J. Smith wrote about the house, “It’s hard not to think of F. Scott Fitzgerald and Jazz Age parties when it comes to Southerly, a 10,000-square-foot Long Island estate that is now for sale for $15.8 million.”

Real Estate

In 1997, the Altschuls bought a big house on Long Island with 30 rooms. In 2009, Catrina sold the house for $12.5 million.

Also, 2008, she bought the Isaac Jenkins Mikell House in Charleston for $4.8 million. The 10-bedroom, 9,500-square-foot home was built in 1853 and was formerly a library. The Preservation Society of Charleston gave Patricia a Pro Merito Award/Carolopolis Award in 2013 for the work she did to fix up the old house.

It is said that she spent more than $5 million on the changes. The Isaac Jenkins Mikell House is on the National Register of Historic Places. This happened in 2014. On “Southern Charm,” the Mikell house is often shown.

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