Most of his net worth comes from his contribution to the movies and television industry. In 1998, he and his brother bought their father out of the family business, which was also involved in scrap metal trading. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. To date, the initiative has raised nearly $200,000 for childrens charities throughout Texas and California, the two states in which the event has taken place. All Rights Reserved. (Michael Starghill, Jr.), Details of a Porsche 918 Spyder and a Porsche 1600 in the garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. Although records are somewhat incomplete here, we do know that the property was sold in 2001 for $990,000 to a Steve Goldman and his wife Azita. The truth is, as much as car dealers say the manufacturer/dealer relationship is adversarial, manufacturers are angels compared to steel mills and rail roads.. Todd Thompson net worth: Todd Thompson is an American fashion designer who has a net worth of $8 million dollars. But things are in good balance with the product mix. Beginning in 2000 Todd has lead Cobalt Ventures (which he co-founded). Knowing that our employees, in a confidential survey, would confirm that our dealerships exceed their expectations is a great accomplishment, he said. In 1992 Todd began his career at Luria Brothers Chicago office as an account executive within its steel-mill-service and trading group. 4. He posted a notice on the Organizations website that he was interested in acquiring a highline new car dealership. And maybe, just maybe, Mr. Blue will invite Yolanda over for a quick private tour. Fast forward eight years, and his IndiGO group is now comprised of a dozen luxury auto dealerships. "Houston happened by accident, and I'm grateful it did," Blue said. And thats what makes this setup fabulous. Pacing ourselves, with anticipation of what will be our best-selling vehicle, is a balancing act for Porsche dealers, but weve got some good planning. There are reds, blues, yellows, and even a daring shade of burgundy on that McLaren P1. Net Worth: $76 B. 3: RECORD DATA. Median net worth . Todd received the Governor of Kentuckys Economic Development Leadership Award in 2004. The company sticks with Porsche as an anchor tenant when it starts in a new city, Blue said, because Porsche "has found the perfect equilibrium between supply and demand. Our Mr. Goldman caresses every rakish fender, gently fingers every crevice on their bodies until dawn begins to illuminate their sinewy sheetmetal. It's a market for the top tier of spenders in Houston, a city noted for America's fastest-growing population of multimillionaires in 2014 at the height of the shale boom. Indigo took residence in Seattle, Washington. In 2002, Mr. and Mrs. Goldman spent untold millions to custom-build the high-tech facility, which was constructed entirely from steel, aluminum, and glass. Source of wealth: Microsoft. The $7.325 million purchase price here did not include any of the fancy autos. Blue started collecting classic cars in 2006, learning from top collector Jim Patterson and eventually turned that passion into his own company, indiGO Classic Cars. Dave Rossman, Contributor / Contributor Show More Show Less 2 of . The bedroom at the garage is . While Blue has received numerous awards for his leadership, he is proud of being named one of the 100 Best Dealerships to Work For by Automotive News. Even the incessant oil slump hasn't taken the edge off Houston's market for high-end toys - and the new. We form partnerships with existing management teams to leverage the collective expertise of all involved. After successfully unloading one of his own classic rides at a profit, he decided to give the car business a whirl. Sometimes you never know whats lurking behind a gate, right? For the first four years after becoming a dealer Blue said he focused on teaching himself about the business and hiring good people. Blue Equity has since become a leading private equity firm with diversified holdings in a wide-range of industries and real estate. White net worth is estimated at $1 Million dollars. (Michael Starghill, Jr.), A Porsche decal on the window of an office of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. Whether its the number of amps required for the fast-charge system to charge these vehicles from a zero battery to 80 percent in 15 minutes, thats going to be a huge point of differentiation, especially in the beginning, for Porsche. A consistent increase . Billionaire Lasry to Sell Bucks Stake, Valuing NBA Team at $3.5 Billion Collecting Here's What a $10 Million Violin Sounds Like Featured Screentime New York Property Prices Where to Go in 2022 View. In its eighth year as exclusive sponsor, Ally will recognize dealer nominees and their community efforts by contributing $1,000 to each nominees 501(c)3 charity of choice. There are meetings scheduled, in a healthy staggered way, between now and the arrival of that vehicle to get dealers ready. Cruise around Point Dume perhaps Malibus most star-studded neighborhood and youre greeted by the outer defenses of large estates, extravagant properties shielded from the public behind towering walls and hedges. Indigo was born Alyssa Ashley Nichols in 1984,. "The all-new Porsche North Houston will be one of the largest Porsche dealerships in the U.S.," Porsche Cars North America said in a statement. In the example, we've denoted them as current net worth (NWc) and past net worth (NWp). KTRK Channel 13 news anchorGina Gaston emceed the evening that feted Dec My Room founderSusan Plank and hubby Mike, Gina and Dr. Devinder Bhatia, Melissa and Michael Mithoff, Laura and Evan Greenberg, Peter Remington and Karen Deguerin, Laurie and Tracy Krohn,Tatiana and Bob Green, Karen andTodd Blue,andChristie and Mark Sullivan. Required fields are marked *. He also spent two years investigating armed groups in Latin America for the global security department at Facebook before returning to Texas journalism. Bizarrely, the Goldmans new estate happens to be located on the very same dead-end road where the Blues $16 million mansion is also located. Just as an FYI, we appreciate that Mr. Goldman does not discriminate based on color. Anyway, the well-to-do new owners of La Vie En Rose are a couple from Louisville, Kentucky (of all places) named Todd & Karen Blue. Turns out the buyers are Todd & Karen Blue, a married couple from the U.S. state of Kentucky. The bottom 50% own just 1% of the wealth in the U.S. and have a median net worth less than $122,000. Losing a sister and a mother is a span of 24 hours can be the most difficult things to handle in life. Rather, it was down the hill and around the corner. For many years, the Goldmans resided on Point Dume, though their main residence was actually not adjacent to their garage. Naturally Yolanda was curious as to the identity of the new owner(s), and what his/her/their intentions were for the property. We'll focus on the median and average net worth figures for different age groups: Age of head of family. ", Details of a Porsche 1600 in the garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. If yall were just passing by, you might glance at the gate and imagine it is protecting just another celebrity mansion like all of the neighboring properties. Savannah was also the winner of the 2015 Miss Tennessee Teen USA. What: Dec My Room "Spring Into Fashion"fundraiser Where: Neiman Marcus PC Moment: Ten philanthropic (not to mention easy on the eyes) couples dressed in au courant Neiman Marcus fashions and . 51.5 million families are in this group. In addition, he makes $21,813,000 as Chief Technology Officer at Meta . Aside from its locationoutside of Texasit was exactly the kind of acquisition Blue was looking for. Although the house has a prestigious Winding Way address, it is actually not located on that street its on a different lane entirely. In addition, he makes $6,585,370 as Chairman and Executive Director at Patrick Industries. These quarters are best suited to a live-in security guard or one lucky professional caretaker, Yolanda thinks. Blue then co-founded Cobalt Ventures and began investing in real estate, financial services, restaurants and other projects. On the domestic side, I think Cadillac has a terrific future., But, he quickly added, We love the brands we are currently honored to represent., Your email address will not be published. Indigo White is worth anywhere from $328,000 to $822,000. Use Next and Previous buttons to navigate. Todd Blue, CEO, founder and dealer principal at indiGO Auto Group in Rancho Mirage and Palm Springs has been nominated for the 2019 Time Magazine Dealer of the Year award. Half of his time spends wearing casual shoes, he also wore formals when going outside. IndiGO applied that philosophy onward, turning its stores into a customer experience where no buyer is told no. Just kidding. He also has a 1955 Porsche Yacht and Wagon, the only vehicle in the collection that is not blue. The company was eventually sold to the largest processor of railroad materials in the world, Progress Rail Services Corporation. That name is nice enough, we guess, albeit a tad generic. Possibly even more? His interest in cars led him to purchase his first dealership Porsche of North Houston in 2010. Baptisia australis, commonly called blue false indigo, is an upright perennial which typically grows 3-4' tall and occurs in rich woods, thickets and along streambanks from Pennsylvania south to North Carolina and Tennessee.It features purple, lupine-like flowers in erect racemes (to 12") atop flower spikes extending well above a foliage mound of clover-like . Maybe its just a vacation home. Pantone have selected their color of 2022 as '17-3938 Very Peri . Today, Lawrence, now 37, is looking for a spike in sales next year after Lamborghini releases its first SUV in two decades. In Harris County, 7.3 percent of households took home more than $200,000 per year in 2015, the latest year with available data, according to the U.S. Census Bureau. As indigo is mixed, there are many different shades available, sometimes causing confusion over what the 'true' color is meant to be. As of February 2023, The estimated net worth of Todd Fisher is approximately $18 million. It also means paying attention to details such as having illy Espresso in his stores, and Ghirardelli chocolate. Blue: Lucky Number: 1: Lucky Stone: Diamond: Lucky Color: Red: Best Match for Marriage: Leo: Social Media; Facebook Profile/Page: Twitter Profile: Instagram Profile: . Dylan Baddour is a reporter for Inside Climate News covering the energy sector and environmental justice in Texas. Perhaps that is why Mr. Talla rechristened itLa Vie En Rose, also known as the French version of the American idioms looking through rose-colored glasses or everythings coming up roses. "All this will, of course, change when the numbers are available," Deb adds. (Podcast), Former CEO/Founder, indiGO Auto Group Texas LLC. During his tenure as Dealer Principal, multiple franchises for Audi, Jaguar, Land Rover, Lamborghini, Rolls-Royce, McLaren and single points for Aston Martin, Bentley, BMW as well as four Porsche dealerships were acquired in Houston, St Louis as well as Rancho Mirage, Palm Springs, Riverside and Marin County, California. Dealership points were awarded for Porsche in San Francisco, Little Rock Arkansas as well as Ferrari in St Louis. As the only dealer in the selected by Porsche to do so, Todd served on the design committee as Destination Porsche (Porsches future design for it retail dealerships around the globe) was conceived. Type the color indigo hex code #4B0082 in the search box underneath the color box and hit enter. Weve got some really wonderful and new and fresh products at the beginning of the year like the GT 911s the GT2 RS, the GT3s. (Michael Starghill, Jr.), Todd Blue shows a Porsche 918 Spyder and a Porsche 1600. She has made such amount of wealth from her primary career as Instagram Star. Automotive News: How was 2017 for Porsche dealers? Site Staff January 9, 2019 Current Digital, Social Scene. 4. McLaren has 24 dealerships in the U.S. and three in Canada. Live from London, tracking the breaking and top business news stories in the lead-up to the opening of European markets. As mentioned, the property spans more than an acre and is mostly landscape-free in favor of an expansive paved driveway that wraps all around the structure and allows large semi-trucks and car carriers to directly access the facility. A long driveway passes through tall gates and winds up a gentle slope planted with olive trees and rose bushes. When he was very young, Blue wanted to be a professional basketball player. Is it doing enough to get dealers ready to sell them? 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In 2004, after building a portfolio of businesses in media, publishing, and financial services, Jonathan founded a successor entity, Blue Equity, LLC. Since his group encompasses 10 brands, that covers a lot of territory. Blue tapped another local luxury auto insider, Zack Lawrence, as general manager. For example, as we've pointed out, Buffett is the second wealthiest American and the fourth wealthiest person in the world.) There is no other collection like it in North America, said Blue. The outsized spread was originally listed way back in November 2016 with a truly ridiculous $27.75 million ask. So Blue bought it. Net worth totals vary by education, age, income and other factors. Beyond the magazine. And Mr. Goldmans new house at least in the aerial view does not appear to have a garage capable of containing these gems. Mr. Blues Houston Porsche dealership is one of the largest in the country, and his Houston Lamborghini dealership is the top American dealer (by volume) for the Italian marque. We are looking for active professionals who understand this part of the automobile industry [], Automotive Buy Sell Report is the first website and weekly report to give participants in the automotive dealership buy sell industry [], Advertising on Automotive Buy Sell Report is a great way to specifically target those []. 2229 San Felipe Street, Suite 1125Houston, TX77019. The ocean-view property is located only a few minutes drive away from their new Point Dume auto museum. It is there, in Houston, where Mr. Blues business interests are headquartered. indiGO Auto Group'sFounder & CEO Todd Blue was featured last week in Automotive News. What is Indigo White Net Worth? And Blue, the 48-year-old CEO of indiGO Auto Group, envisions greater growth ahead. By: Momentum Marketing April 2, 2010 - PRLog -- IndiGO Classic Cars Acquires Porsche of North Houston Todd Marinovich was a professional football player for NFL's Los Angeles Raiders, as well as the AFL and the Canadian Football League who has a net worth of $20 thousand. 1: SIGN UP. Blue was nominated by Brian Maas, president of the California New Car Dealers Association. He showed a 1964 Porsche 904 racer that competed in South Africa, France and England. After this classroom simulation, it would take Blue almost two decades to circle back to the retail automotive industry after his graduation from George Washington University where he earned a bachelors degree in international business. Show Navigation Hide Navigation. Also our 911 volume is a little backloaded toward the end of the year. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Nonetheless, the deal got done. The Post Oak Hotel, under construction near the Galleria, also plans to feature a glass-cased two-story showroom with Rolls-Royce and Bentley brands. A guy will pull up in torn jeans and cowboy boots, but they are the biggest Lambo buyer, said Blue. Engines wailing, tires smoking, exploring every primal urge, devouring every innocent Honda and Suzuki in their path. Desert European Motorcars included Porsche, Audi, Jaguar, Rolls Royce, Land Rover, Aston Martin, Maserati, Bentley, and McLaren franchises. Todd Blue is on Facebook. And the wealthiest residents there tend to congregate together. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. Andfor whatever reason, after more than 15 years of ownership, Mr. Goldman also grew tired of his harem. (Michael Starghill, Jr.), Todd Blue, owner of a brand new flagship Porsche dealership, talks on the phone Thursday June 29, 2017. I look at where we are today after eight short years and it is an incredible blessing to see what we have accomplished. Blues success is matched by a strong commitment to giving back to his community. Soon, we imagine, the place will be home to an entirely different but probably no less impressive fleet of luxury rides. Blue, 49, was chosen to represent the California New Car Dealers Association in the national competition one of only 51 auto dealers nominated for the 50th annual award from more than 16,000 nationwide. Todd Thompson is the former husband of famed chef, Giada De Laurentiis.The pair . Being in the automotive industry was a childhood dream of mine, Blue said. We had a terrific location and the fact that it was a single-point Porsche store gave me the opportunity to focus and learn the business. (Michael Starghill, Jr.), Details of a Porsche 918 Spyder in the garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. Black= 49%. After. Todd and his wife, Karen, have three children. They are extraordinary auto leaders who care and go the extra mile to give of themselves to make their communities stronger. Today our business provides careers for almost 400 automotive professionals which supports their families. He offered a store he'd acquired in Houston but did not want. Indigo Net Worth is $250,000 Indigo Bio/Wiki, Net Worth, Married 2018. . Todd Blue Under the LAPIS brand, Todd leads a diversified portfolio of companies which includes automotive and real estate. It does, however, sport a magnificent ocean view. Get the latest scoop directly in your inbox. Let me tell you, Indigo is one of the most confusing colors out there! The most valuable commodity for these kinds of customers is their time. Apparently business is really booming Mr. Blue recently received a substantial investment (amount undisclosed) from European conglomerate Pon Holdings BV. One of Mr. Blues nearest new Malibu neighbors is professional basketball star DeAndre Jordan, who recently plunked down $10 million for a smaller but similar Tuscan-esque estate just a quick skip away. The middle 40% of U.S. families own 22% of the wealth. Porsche has always been one of the worlds greatest brands, so this was an opportunity I couldnt pass up, Blue said. There are some versions that incline more towards the purples, some to the blues, and some to the deeper magenta -reds. Net Worth 2019 is. Kelly Wolf, formerly president and COO, has taken over the top role from founder. Imagine that, kids. Earlier this year, as yall may recall, Yolanda discussed their recent purchase of an epic $16 million Malibu estate named La Vie En Rose. indiGO Auto Groups Founder & CEO Todd Blue was featured last week in Automotive News. Following her exit from the show, the singer signed with . An associated email addresses for Todd Blue are toddb***@comcast.net, toddeb***@yahoo.com and more. The award is sponsored by Time in association with Ally Financial, and in cooperation with NADA. A boon of being well-to-do is that one can afford to indulge ones passions in ways mere financial mortals cannot. So he began to dream of owning a car dealership. You need a culture of yes, he said. After several well-deserved price chops, strip club owner D. Michael Talla (the seller) managed to offload the Tuscan-ish porker to a mysterious corporate entity. Blue liked that so much, he started IndiGO Classic Cars in Louisville in 2006, and joined the automotive network within the Young Presidents Organization, a professional networking group. A dream garage in every sense, if you will. In 2017, the singer rose to national prominence after finishing sixteenth in the ninth season of the Spanish reality television talent show Operacin Triunfo. Todd Marinovich. Listing agents: Chris Cortazzo, Coldwell Banker; Kurt Rappaport, Westside Estate Agency All of them are located either in Louisville, Houston, or Rancho Mirage. Its rattlesnake season in Texas. He has beautiful Black eyes that attract the viewer's attention. Not a bad job if you can get it, right? And none of these vehicles are the kind that yall could just walk in and buy off the dealership showroom floors, kids. Upon reaching the garage, he slips through the glass doors. In 2014, Mr. Blue packed his bags and moved his family (and his business) to Houston. What justifies massive multiples for luxury auto dealerships? Sumber Mekar No.45, Babakan, Kec. The amount and value of indigo exports increased in subsequent years, peaking in 1775 with a total of 1,122,200 pounds, valued at 242,395 . And while you might think that the amount of folks looking for a $10 million auto museum way out in desolate Malibu would be small indeed, think again. In March 2018, he put the property up for sale with an even-steven $10 million asking price. The best parts of the estate, however especially for kids are the expansive grounds, which span about 2.7 acres and include numerous outdoor dining options, a 75-foot long infinity pool w/ waterfall feature, a full-size tennis court, and a bocce ball court. Some months ago, Yolanda called Mr. Talla and begged him to rename the house Brnhilde brennt einFeuer auf dem Dachboden. He also has a daughter from a previous relationship. Bloomberg Daybreak Europe. Just 400 feet from the Point Dume beach is a 1.06-acre property, the entire lot secured and invisible behind a large security gate. Porsche Rancho Mirage Panamera Sport Turismo Event from ToddBlue.com on Vimeo. Join Facebook to connect with Todd Blue and others you may know. The national dealership empire Sonic Automotive plans to build a midrise, multibrand luxury showroom on U.S. 59, across the street from its seven-story Audi dealership. Todd Blue, chairman and CEO of IndiGO Auto Group, at Porsche of St. Louis Aside from its location-outside of Texas-it was exactly the kind of acquisition Blue was looking for. His net worth is up $800 million from a year ago due to an uptick in Kinder Morgan's share price (he owns a 23% stake) and combined quarterly payouts worth more than $200 million. Or perhaps they are planning to acquire some LA car dealerships. Find 47 people named Todd Blue along with free Facebook, Instagram, Twitter, and TikTok profiles on PeekYou - true people search. The Color tool will provide a solid background color versus a gradient. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. So Blue posted a classified ad on the online forum of the Young Presidents Organization, a club for chief executives. Our investment efforts and managerial capabilities are focused on the operation of a global and diversified portfolio. He stealthily creeps out of bed, exits his house via a discreet side door, hops the front gate. Save my name, email, and website in this browser for the next time I comment. But then again, theres always the possibility that the new place has a hidden underground lair. 2: MAKE CHANGES. Blue's affinity for automobiles sprouted far from the luxury sector, at a family-owned Kentucky steel mill, in constant company of heavy metal and industrial machines. Though spartan, the quarters are livable enough and are comprised of a small kitchen with stainless steel appliances, one bedroom, and 2.5 bathrooms. In fact, Mr. Blues Lamborghini Houston dealership is the top-selling Lambo location in the entire country. Biography, Age, Height, Family, Net Worth. Nope. I had a lot of questions about his plan," said Wolf, 39, and now the chief operating officer of indiGO. In 2013, he acquired Desert European Motorcars. This directory covers Todd Blue Todd Blue President: INDIGO HOUSTON 18111 NORTH FREEWAY, LLC: 350 N Saint Paul St, Dallas, TX 75201 15 River Hill Road, Louisville, KY 40207: Todd L. Blue This year, he has acquired a Porsche store in St. Louis, bringing IndiGOs franchise count up to 12. You map (or import) some or all of your field boundaries and enroll in Carbon by Indigo. I would love to grow with BMW, he said. And Blue, the 48-year-old CEO of indiGO Auto Group, envisions greater growth ahead. You have to explore every avenue, said Blue. As a young man, Mr. Blue had lots of money but no gainful employment, and so he began indulging one of his passions: collecting exotic cars, some of which he was able to flip for lucrative amounts. A circular motorcourt has parking for 10 vehicles, in addition to the four-car garage. there is also a small, loft-like living space above the garage. 2023 Dirt.com, LLC. After all, Malibu is a fairly small city. The front entryway is meant to impress with a double staircase and a small sitting area, and the grand entrance hall leads to the stone-floored living room, which features rows of French doors overlooking the backyard and the ocean out yonder. Cobalt was a strategic investor in multiple industries such as restaurants, financial services, publishing, events, and urban real estate development. Dealing with the steel mills and rail roads was very similar to dealing with auto manufacturers, said Blue. How old is Todd Blue? For someone who did not grow up in the industry, Blue, who always loved sports cars, had an unusual fascination with the automobile industry. Sometimes you never know whats lurking behind a gate. All of Mr. Goldmans cars appear to be special edition or limited-production models, the type that you must pre-order well in advance or actually apply to purchase. 4. His family owned a commodities-related business, but instead of working there in summers, Blue got a job working in the floor plan lending department of a bank. For all those painfully frigid Malibu winter days, we suppose. Then a broker started talking with him about Desert European Motorcars, located in Rancho Mirage, California. Cobalt developed many condos and office buildings around Mr. Blues hometown. For some reason this room has not one but two giant fireplaces. And England 2023, the Goldmans resided on Point Dume beach is fairly... Three children News in Europe and around the corner San Francisco, Little Rock Arkansas as well your. The winner of the family business, which was also involved in scrap metal trading which supports their.... Around the world always been one of the fancy autos staggered way, between now and the wealthiest there. Was born Alyssa Ashley Nichols in 1984, a magnificent ocean view Blue will Yolanda. 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