What is Patricia Altschul’s Net Worth?
Patricia Altschul is a renowned American socialite and reality TV personality with a net worth of $100 million. She is widely recognized for her active involvement in the art community and her appearances on the popular Bravo reality series, “Southern Charm.” Patricia’s son, Whitney Sudler-Smith, created the show, and her witty commentary on his life has made her a beloved character among fans.
A former Manhattan socialite, Patricia is now based in Charleston, South Carolina. In 2017, she authored the book “The Art of Southern Charm,” which further cemented her status as a cultural icon in the South. In 2020, she launched The Patricia Altschul Luxury Collection, which offers high-end products at accessible prices.
Early Life and Education
Patricia Altschul was born on April 16, 1941, in Jacksonville, Florida. She grew up in Richmond, Virginia, and attended Marymount School and Olney Friends School. Altschul graduated magna cum laude from George Washington University with a bachelor’s degree in 1964 and a master’s degree in 1965, both in archaeology and art history. Her parents were Francis and Walter, with the latter being a doctor.
Patricia Altschul’s Career Highlights
After earning her master’s degree, Patricia worked at George Washington University as an instructor and assistant professor before owning a private art dealership in Georgetown.
In 2010, she appeared in the documentary “Ultrasuede: In Search of Halston” directed by her son, Whitney.
Whitney also created “Southern Charm,” a reality TV show that Patricia has appeared in over 60 episodes of as of this writing.
TV critic Christine Lo described Patricia as a “straight shooter with a serious pedigree and a ton of clout to throw around.”
Patricia has made appearances on “Watch What Happens: Live,” “Celebrity Page,” “The Real Housewives of Atlanta,” and the documentary “The Mystery of the Pink Flamingo.”
She also has a luxury collection sold on the Home Shopping Network featuring clothing, pillows, throws, and other home decor.
Marriages and Philanthropy
Patricia was married three times in her life. Her first marriage was to L. Hayes Smith in 1962. They had a son named Whitney in 1968 before divorcing in 1979. Her second marriage was to Edward Stitt Fleming, a doctor and entrepreneur, from 1989 to 1995. She then married Arthur Altschul in 1996, who co-founded General American Investors and was a limited partner in Goldman, Sachs & Company. Patricia remained married to Arthur until his death in 2002.
Patricia’s prominence in New York and her generous donations led to her being named to the Rockefeller family Hudson Hills Trust and the New York Historical Society board. She also received a Woman of the Year award from the Police Athletic League of New York City in 2012 for her philanthropy.
Patricia Altschul’s Real Estate Ventures
Purchased a 30-room mansion in Long Island in 1997 and sold it for $12.5 million in 2009.
Paid $4.8 million for the Isaac Jenkins Mikell House in Charleston in 2008. The 10-bedroom, 9,500 square foot home was built in 1853 and was formerly a library. Received a Pro Merito Award/Carolopolis Award from the Preservation Society of Charleston in 2013 for her renovation of the historic home. Reportedly spent more than $5 million on the renovations. The Mikell house was listed on the National Register of Historic Places in 2014. The house is frequently featured on “Southern Charm.”
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