Darien native Sevigny was an exec at Dana Giachetto's Cassandra Group—the money management firm once renowned for catering to A-list stars like Leonardo DiCaprio and Matt Damon—until the firm imploded after it was revealed that Giachetto was lining his pockets with his celebrity clients' cash. Sevigny fell into DJing after a friend asked him to play records at a birthday party, which led to a recurring gig at Serena Bass' Serena, the now-defunct boite under the Chelsea Hotel. In 2000, he moved into music management when he decided to rep the newly formed electro-rock band A.R.E. Weapons, whose guitarist Matt McAuley is Chloë's boyfriend. Paul eventually took over as keyboardist.
Sevigny continues to perform with A.R.E. He also keeps up his DJ career, operating the turntables at parties for Chanel, Marc Jacobs, and Nylon magazine. He's even dabbled in the nightlife scene: With partners Andre Saraiva (the Parisian graffiti artist and club promoter) and Matt Abramcyk (co-owner of West Village restaurant Employees Only), Sevigny opened West Village venue the Beatrice Inn in late 2006. Once a hipsteraunt where the likes of lil' sis Chloë and Kai Kuhne would swill drinks with their scenester friends, the venue later ran into a series of legal problems with city and closed its doors in April of 2009. [Image via Getty]