How rich is Chapman Ducote?
Chapman Ducote net worth:
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Entrepreneur. Daredevil. Businessman. Benefactor for the artwork. Chapman Ducote is president and chief executive officer of Merchant Services LTD, a full service, integrated credit and debit card processing business. Ducote, born March 17, 1976, in New Orleans, also can boast of an effective career as a sports car driver. An offshoot of Merchant Services, Ducote began Starboard Financing in 2010. Being successful along with his business ventures has enabled Ducote to pursue his other loves. He now is enlarging his vocation to the race on Asian and European circuits within Intercontinental Le Mans Cup races.
Ducote’s net worth is a carefully guarded secret. Methodical Internet searches don’t show how much he’s worth or just how much cash he’s brought in racing. Nevertheless, there are worth positioned on Merchant Services as well as on Starboard Financing. In accordance with INC.com, Merchant Services’ sales in 2008 was $176,944. Sales for 2011 was $14.1 million. But this site says the business was established in 2001, which will be distinct than Ducote’ private web site that states the business was established in 2005. And according to findthecompany.com, Starboard Financing creates $180,000 per annum. Ducote does possess a house valued at $653,990 in Miami Beach, Fla.
In June, 2012, he wed Kristin Ducote, an lawyer by day and writer by night. Their love story continues to be fairytale like since they met in Miami Beach. The two haven’t had any kids yet, but in an interview Ducote said they’re excited and certainly will begin attempting soon after their newlywed stage.
Though Ducote’s net worth isn’t publicly accessible, by computing the values put on his businesses, estimated wages, and assets, richestcelebrities.org sets his net worth at around $76 million. Merchant Services’ sales for 2011 was reported at $14.1 million, and Starboard Financing typically makes about $180,000 each year.
Since his graduation in the University of Miami, he’s successfully scaled the property ladder to eventually become the president and chief executive officer of Merchant Services LTD. He founded the firm in 2005 to procedures credit cards worldwide. It’s one among just a few of accredited financial institutions which can completely process a credit transaction. In the year 2012, it had been named the amount 18 quickest growing private company. His love of fast cars and racing has resulted in a number of podiums and international triumphs. Overall, Ducote is a well rounded and successful company and racing guy.