Patricia Altschul, a celebrated American socialite, television personality, and entrepreneur, boasts an estimated net worth of $100 million as of 2024. At the age of 82, she remains a prominent figure in Charleston’s elite circles and a fan-favorite on Bravo’s hit reality show Southern Charm. With a fascinating life journey, rich career, and remarkable contributions to art and philanthropy, Patricia continues to leave an indelible mark. This article delves into her personal and professional milestones, shedding light on what makes her an enduring icon.
Who Is Patricia Altschul?
Patricia Altschul was born Patricia Madelyn Day on April 16, 1941, in Jacksonville, Florida. Raised in Richmond, Virginia, she developed a keen interest in art and culture from an early age. Her father, Walter, was a doctor, and her mother, Francis, played a crucial role in her upbringing. She pursued higher education at George Washington University, where she earned a bachelor’s and master’s degree in archaeology and art history by 1965, graduating magna cum laude.
How Did Patricia Altschul Build Her Career?
Altschul’s career started in academia when she served as an instructor and later an assistant professor in art history at George Washington University. Her passion for art led her to establish Arcadia, a private art dealership in Georgetown, specializing in classic and contemporary works.
In 2010, she appeared in Ultrasuede: In Search of Halston, a documentary directed by her son, Whitney Sudler-Smith. Four years later, Whitney created Southern Charm, a reality TV series that showcases the lives of Charleston’s elite. Patricia’s sharp wit, humor, and sophisticated lifestyle made her an instant favorite on the show. She has since appeared in over 60 episodes, often offering her signature commentary on modern Southern aristocracy. Beyond Southern Charm, she has made guest appearances on The Real Housewives of Atlanta, Celebrity Page, and Watch What Happens Live.
What Are Patricia Altschul’s Business Ventures?
In 2020, Patricia launched The Patricia Altschul Luxury Collection, a lifestyle brand featuring high-end yet affordable home décor and fashion. The collection, available on the Home Shopping Network, includes elegant clothing, throws, pillows, and accessories, embodying her signature Southern charm.
What Is Known About Patricia Altschul’s Personal Life?
Patricia Altschul has been married three times. Her first marriage was to L. Hayes Smith in 1962, with whom she had her only son, Whitney Sudler-Smith, in 1968. The couple divorced in 1979.
She later married Dr. Edward Stitt Fleming in 1989, a prominent entrepreneur and psychiatrist. Their marriage lasted until 1995. Patricia’s most notable marriage was to Arthur Altschul in 1996. A former general partner at Goldman Sachs and co-founder of General American Investors, Arthur was a key figure in finance and philanthropy. Their marriage lasted until his passing in 2002.
Patricia is also known for her philanthropy. She has been a major donor to historical and cultural institutions, serving on the boards of the New York Historical Society and the Rockefeller family’s Hudson Hills Trust. In recognition of her contributions, she was honored as Woman of the Year by the Police Athletic League of New York City in 2012.
Where Does Patricia Altschul Live?
Over the years, Patricia has owned several luxurious properties. In 1997, she and Arthur Altschul purchased a grand 30-room mansion in Long Island. Following Arthur’s passing, she sold the property for $12.5 million in 2009.
In 2008, Patricia acquired the historic Isaac Jenkins Mikell House in Charleston for $4.8 million. Originally built in 1853, this 9,500-square-foot, 10-bedroom estate had previously served as a library. Patricia meticulously restored the property, investing over $5 million in renovations. Her dedication earned her a Pro Merito Award/Carolopolis Award from the Preservation Society of Charleston in 2013. The home is now listed on the National Register of Historic Places and regularly features on Southern Charm.
What Makes Patricia Altschul a Southern Charm Icon?
Patricia’s role on Southern Charm extends beyond being just another cast member. Her sophisticated persona, quick-witted humor, and unique take on modern Southern aristocracy have made her one of the show’s most beloved figures. Often seen with her signature martini in hand, she provides guidance (and sharp commentary) to the younger cast members, including her son, Whitney.
How Has Patricia Altschul Influenced Art and Culture?
Beyond her reality TV fame, Patricia remains a significant figure in the art world. As a former professor and art dealer, she has played an influential role in preserving and promoting art and history. Her generosity in philanthropy, especially in historical preservation, reflects her deep appreciation for culture and heritage.
What’s Next for Patricia Altschul?
Despite being in her eighties, Patricia shows no signs of slowing down. She continues to be a prominent presence on Southern Charm, expanding her luxury brand while enjoying life in her historic Charleston estate. Fans remain eager to see what new ventures she will embark on in the coming years.
