Patricia Altschul Net Worth

Patricia Altschul’s Net Worth: A Deep Dive into the Socialite’s Life and Career

Introduction: The Queen of Southern Charm

Patricia Altschul is an American socialite, businesswoman, art collector, and reality television personality. With a net worth estimated at a staggering $100 million, Patricia has built a remarkable life, marked by her significant presence in the art world, her savvy business ventures, and her undeniable role as a star on the hit Bravo reality series “Southern Charm.” This article delves into the life, career, and net worth of Patricia Altschul, exploring the key factors that have contributed to her success and enduring popularity.

Early Life and Education

Patricia Madelyn Day was born on April 16, 1941, in Jacksonville, Florida. She spent her formative years in Richmond, Virginia, alongside her parents, Walter and Francis Day. Her father was a doctor. Patricia’s educational journey began at the Marymount School and continued at the Olney Friends School. She went on to excel academically, graduating magna cum laude from George Washington University in 1964 with a bachelor’s degree, followed by a master’s degree in 1965, both in archaeology and art history. This solid foundation in the arts would play a significant role in shaping her future endeavors.

Career and Rise to Fame

Following her academic achievements, Patricia began her career as an instructor and then an assistant professor of art history at George Washington University. She later transitioned to the private sector, establishing herself as a respected art dealer with her own gallery, Arcadia, located in Georgetown. In 2010, Patricia participated in the documentary “Ultrasuede: In Search of Halston,” which was written and directed by her son, Whitney Sudler-Smith. However, her mainstream fame was still to come.

“Southern Charm” and Reality Television Stardom

Patricia’s life took a dramatic turn in 2014 when her son, Whitney Sudler-Smith, created the Bravo reality series “Southern Charm.” The show offers viewers a glimpse into the lives of modern-day Southern aristocracy in Charleston, South Carolina. Patricia’s wit, elegance, and candid commentary quickly made her a fan favorite. She has appeared in over 60 episodes, solidifying her status as one of the show’s central figures. As TV critic Christine Lo noted, Patricia is a “straight shooter with a serious pedigree and a ton of clout to throw around.” Her appearances on other shows, including “Watch What Happens: Live,” “Celebrity Page,” “The Real Housewives of Atlanta,” and the documentary “The Mystery of the Pink Flamingo,” further expanded her reach and confirmed her place in popular culture.

Business Ventures: From Art to Luxury Goods

Beyond her television appearances, Patricia has diversified her career through various business ventures. In 2017, she published “The Art of Southern Charm,” a book offering a glimpse into her sophisticated lifestyle and design aesthetic. In 2020, Patricia launched The Patricia Altschul Luxury Collection, a brand that offers clothing, home décor, and accessories, described as “where luxury meets accessibility.” The collection is sold on the Home Shopping Network, further expanding her brand’s reach and appeal.

Personal Life, Relationships, and Philanthropy

Patricia’s personal life has been as intriguing as her professional one. She married L. Hayes Smith in 1962, and they had a son, Whitney, before divorcing in 1979. She later married Dr. Edward Stitt Fleming (1989–1995) and Arthur Altschul (1996–2002). Arthur was a prominent figure in the financial world, co-founding General American Investors and later becoming a partner at Goldman Sachs. Patricia’s marriage to Arthur brought her into the upper echelons of New York society, and after his death, she was appointed to the Rockefeller family’s Hudson Hills Trust and the New York Historical Society board, reflecting her significant presence in New York and her philanthropic efforts. She was named Woman of the Year by the Police Athletic League of New York City in 2012, highlighting her commitment to giving back.

Real Estate Holdings: A Look at Patricia’s Homes

Patricia’s real estate portfolio reflects her refined taste and appreciation for historic properties. In 1997, she and Arthur purchased a 30-room mansion in Long Island, which she sold in 2009 for $12.5 million. In 2008, she acquired the historic Isaac Jenkins Mikell House in Charleston for $4.8 million. This stunning 10-bedroom, 9,500-square-foot home, built in 1853, became a significant part of her life and was frequently featured on “Southern Charm.” Patricia invested over $5 million in renovating the property. In 2013, the Preservation Society of Charleston awarded her a Pro Merito Award/Carolopolis Award for her work on the home, and in 2014, the Mikell House was added to the National Register of Historic Places.

(Photo by Dimitrios Kambouris/Getty Images)

Conclusion: Legacy and Continued Influence

Patricia Altschul’s life is a testament to her intelligence, resilience, and adaptability. From her academic roots to her prominent place in reality television, her journey showcases her ability to navigate various worlds with grace and sophistication. Her net worth reflects not only her financial success but also her astute business acumen and the enduring appeal of her personality. As she continues to captivate audiences on “Southern Charm” and through her various ventures, Patricia Altschul’s legacy is one of a true icon, a woman who has shaped a unique and enviable life.