They told me, Dont make us look bad, he said. He credits Houston for his success: "There's something in the water that is celebratory of the entrepreneur and of business people that take a risk. Thus the fancy, separate $7.3 million garage they have purchased will likely remain just that a garage. After acquiring that business from his father and significantly growing revenues, he and his brother eventually sold it in 1998. From the average net worth, as compared to the median net worth, for each age group, it's apparent that the median net worth may be a more standardizing financial metric to use to analyze net worth by age in the U.S. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. 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. Bill Gates. Your email address will not be published. He considers what he can do with a store. Were getting that now, which is very helpful. He has a collection of more than 100 formal shoes and his wife likes his collection.Todd Gilliland loves to buy new shoes every month when he has some time to go shopping.. 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. Todd was selected as one of 50 nominees for the Time Magazine National Automobile Dealer Associations Dealer of the Year in2019. It is about more than making the process easy, however. In fact, Mr. Blues Lamborghini Houston dealership is the top-selling Lambo location in the entire country. As was shown on a video feature forRobb Report, Mr. Goldmans eye-popping 14-car collection includes six Ferraris, five Porsches, two McLarens, and one ultra-rare Pagani Zonda, of which there are believed to be only ten units at most in the entire United States. 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. Most of his net worth comes from his contribution to the movies and television industry. By: Momentum Marketing April 2, 2010 - PRLog -- IndiGO Classic Cars Acquires Porsche of North Houston Between 1998-2000 Todd served as Progress Rails metals divisions Executive Vice President.From 19941998 Todd served as Vice President of Commercial Trading at Louisville Scrap Material Company. In the late 1990s, his people sold off the family business and young Mr. Blue was left with a lot of money but no gainful employment. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. Since his group encompasses 10 brands, that covers a lot of territory. 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 . "Houston happened by accident, and I'm grateful it did," Blue said. A man buying a group of dealerships that included some stores in Atlanta and Porsche of North Houston in Texas asked Blue if he wanted to buy the Porsche store. Get the latest scoop directly in your inbox. Gen X (ages 40 to 55): $1.9 million. Our investment efforts and managerial capabilities are focused on the operation of a global and diversified portfolio. Indigo took residence in Seattle, Washington. Mr. Blue is influential in the luxury automotive market and an integral member of the Porsche Dealer Board of Regents; he took a moment to chat with the editorial team at Automotive News about the exciting future of Porsche and the nuances of the 2018 model year. Apparently business is really booming Mr. Blue recently received a substantial investment (amount undisclosed) from European conglomerate Pon Holdings BV. In 1998, he and his brother bought their father out of the family business, which was also involved in scrap metal trading. So Blue bought it. "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. 2023 Dirt.com, LLC. Some months ago, Yolanda called Mr. Talla and begged him to rename the house Brnhilde brennt einFeuer auf dem Dachboden. (Podcast), Former CEO/Founder, indiGO Auto Group Texas LLC. He doesnt believe the multiples anyway. Todd & Karen Blues agent: Josh Altman, Douglas Elliman, Get our latest stories in the feed of your favorite networks. Top-selling luxury cars for 2017 in the area, Source: TexAuto Facts Report published by InfoNation, "That's a pretty good indicator of what the luxury car market has been and what we anticipate it will be," said Steven Wolf, vice president of Helfman and chairman of the Houston Auto Dealers Association. We are making more than just baby steps toward electrification, which is going to be a revolutionary thing for this company and the industry. Our Mr. Goldman had to construct two separate multi-million-dollar mansions one as a home for himself and his wife, the other as a harem (if you will) to house his 14 automotive lovelies. In January of 2023 Todd was appointed to the11-99 Foundation Board of Directors. (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. (Very) loosely translated, it reads The princess burns an everlasting flame in the attic., Pretty awesome, right? The family business was sold in 1998 while Blue was executive vice president, so he took the money he made and bought some classic cars. 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. It fit the bill. Nothing will be a surprise to any of the dealers. And Blue, the 48-year-old CEO of indiGO Auto Group, envisions greater growth ahead. For example, as we've pointed out, Buffett is the second wealthiest American and the fourth wealthiest person in the world.) Back in early 2014, Mr. Talla purchased the property for just $7,060,000. Type the color indigo hex code #4B0082 in the search box underneath the color box and hit enter. We love the his-and-hers baths and closets his bathroom is done up like a very masculine library, with wood-paneled walls and a leather chair/ottoman. (Michael Starghill, Jr.), Todd Blue, owner of a new flagship Porsche dealership, poses for a portrait between a Porsche 918 Spyder and a Porsche 1600 in the dealership garage Thursday June 29, 2017. I was so excited to live my dream, I did not realize the guts it took to start a dealership group during the Great Recession. He added, But the stars seemed to align. There are meetings scheduled, in a healthy staggered way, between now and the arrival of that vehicle to get dealers ready. At that time, it was called Villa La Mare, or house at the sea, The property is not actually on the seafront, of course, though it does sport ocean views. Fast forward eight years, and his IndiGO group is now comprised of a dozen luxury auto dealerships. In 2009, Blue was approached to purchase Porsche of North Houston in Texas. Blue tapped another local luxury auto insider, Zack Lawrence, as general manager. Upon arrival, Blue called Kelly Wolf, a member of the tight-knit luxury automotive clique in Houston whom Blue had met at a Porsche brand meeting in Germany. 6 Facts On Indigo White That Might Surprise You! The 4-acre property features a 1998-built mansion with 11,745-square-feet of living space, a saltwater swimming pool, a four-car garage, and a home gym. So Blue posted a classified ad on the online forum of the Young Presidents Organization, a club for chief executives. McLaren has 24 dealerships in the U.S. and three in Canada. You can add to your design using Effects, Stickers, Text, and other tools shown on the left-hand side. Todd Blue has had 1 past job as the Founder & CEO at indiGO Auto Group. (Estimated) Gender: Female: Age: 28 years in 2023: Zodiac Sign: Virgo: Tattoo: Yes: Piercing . (Michael Starghill, Jr.), Yainer Diaz becomes first Astros hitter to violate new MLB rules. Rancho Mirage, adjacent to Palm Springs in the California desert, is a second home for many high-worth individuals. Maybe its just a vacation home. Although we have no inside intel on the matter, Yolanda rather suspects that the car-collecting Blues do not find the four-car garage on their estate commodious enough for their automotive needs. "I thought, clearly he's a dreamer. Mr. Cleveland owns over 40,000 units of Patrick Industries stock worth over $7,623,815 and over the last 15 years he sold PATK stock worth over $65,621,839. An associated email addresses for Todd Blue are toddb***@comcast.net, toddeb***@yahoo.com and more. Currently browsing tag Houston 2019: indiGO Auto Group's Team Members . Just kidding. The Blues who have four children hail from Louisville, though for the last few years they have primarily resided in Houston, Texas. Search our local business directories for 303 N. Indian Canyon Drive, Palm Springs California 92262. A panel of faculty members from the Tauber Institute for Global Operations at the University of Michigan will select one finalist from each of the four NADA regions and one national Dealer of the Year. Our Mr. Blue was born into a wealthy family who had long owned a Louisville-based steel mill. Stop for a moment and imagine Mr. Goldman waking up in the wee hours of the morning. Porsche always builds one less car than there is demand.". A Different Kind of Luncheon | Benefiting Clayton Dabney for Kids With Cancer, Mark Flood- A Guide for Nude Investors Gallery Show Opening Reception, Opening Reception: Ann Stautberg and Frank X. Tolbert, Highland Park Villages 2023 Guide to the Best Valentines Day Gifts, The Best Holiday Gifts for Everyone On Your List from Highland Park Village, Partners Card Picks at Highland Park Village Discounts on Brands That Rarely (If Ever) Go On Sale, Stunning Fall Finds at Highland Park Village Get a Fresh Look This Fall, Highland Park Villages Ultimate Mothers Day Gift Guide for Every Kind of Mom, Spring Has Sprung at Highland Park Village With A Fresh (And Floral) New Lookbook. Earlier this year, as yall may recall, Yolanda discussed their recent purchase of an epic $16 million Malibu estate named La Vie En Rose. Or $20 million? And then there are the more ahem unique creations. Behind others are grand mansions, some contemporary and others traditional in style. Always passionate about cars, he began hoovering up classic automobiles. The master suite has a private balcony, ocean views, a fireplace, and a sitting area. And maybe, just maybe, Mr. Blue will invite Yolanda over for a quick private tour. Monitor your investments 24 hours a day, around the clock from around the globe. Knowing that our employees, in a confidential survey, would confirm that our dealerships exceed their expectations is a great accomplishment, he said. 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.. Who knows? The glassy car entrance garage door, if you will is discreetly located at the rear of the facility. 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. Smaller family-owned dealership groups still on acquisition trail though large auto groups do have advantages, Edmunds says used car prices in Q2 up nearly eight percent, The Park Place Dealerships sale may herald changes in buy sell market, says The Presidio Group. More than any industry acknowledgement or single moment, it is incredibly rewarding for me to love what I do every day.. But things are in good balance with the product mix. Records do not reveal the exact purchase price, but we gather that Mr. Blue paid approximately $4.5 million for the house in 2014. Roman Todd 's estimated Net Worth, Salary, Income, Cars, Lifestyles & many more details have been updated below.. Let's check, How Rich is Roman Todd in 2021? Although the house has a prestigious Winding Way address, it is actually not located on that street its on a different lane entirely. 2017 Cobalt Ventures, LLC. The private-jet-chartering company named after the airline in the 1987 film "Wall Street" is quietly going out of business after 16 years. Though spartan, the quarters are livable enough and are comprised of a small kitchen with stainless steel appliances, one bedroom, and 2.5 bathrooms. Todd Blues agents: The Altman Brothers, Douglas Elliman, Get our latest stories in the feed of your favorite networks. Todd received the Governor of Kentuckys Economic Development Leadership Award in 2004. The most valuable commodity for these kinds of customers is their time. He shook up the staff and brought annual sales there to 78 vehicles in 2016, up from 12 in his first year. Babakan Ciparay, Kota Bandung, Jawa Barat 40223, Indonesia We thought so too. Todd Blue: Fantastic. Accelerating Opportunity. Now, when he looks at possible acquisitions he doesnt look at the published multiples for a franchise, Blue told Automotive Buy Sell Report. Half of his time spends wearing casual shoes, he also wore formals when going outside. CHAIRMAN AND DEALER PRINCIPAL, INDIGO AUTO GROUP, DESERT EUROPEAN MOTORCARS. The $7.325 million purchase price here did not include any of the fancy autos. "I said to myself, 'To afford this hobby, I better make it a business,'" Blue said. The estimated Net Worth of Michael Todd Schroepfer is at least $597 Million dollars as of 15 February 2022. Under this leadership, the Blue Industrial Group was transformed into a diversified enterprise that served markets worldwide. She was diagnosed with an anxiety disorder. Houston's Helfman Auto Group recently finished a new Maserati dealership on the Katy Freeway and is preparing for a total renovation of its Sugar Land Fiat location to incorporate the Maserati brand. Get more of Dallas top restaurant, real estate, society, fashion and art in your news feed. Blues story shows how a passion for a brand and a proven ability to operate a business can help someone without dealership experience become a successful luxury dealer. What is Indigo White Net Worth? How old is Todd Blue? The time is now to be planning, thinking, strategizing. Mr. Blue comes from a wealthy Louisville family who made their fortune in scrap metal, although the clans steel mill business was sold off some years ago. 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. When Todd Blue established IndiGO Auto Group in 2006 and set out to acquire the greatest automobile dealerships in the United States, he was most impressed with Desert European Motorcars in Rancho Mirage. A dream garage in every sense, if you will. Todd Blue, Founder and CEO of indiGO Auto Group, came to terms on an agreement in The Netherlands on June 26, 2017 just prior to an event celebrating Pon's 70 th anniversary of its relationship . Get the latest scoop directly in your inbox. What major issues do Porsche dealers face? 4. Blue: Lucky Number: 1: Lucky Stone: Diamond: Lucky Color: Red: Best Match for Marriage: Leo: Social Media; Facebook Profile/Page: Twitter Profile: Instagram Profile: . Read a snippet of his informative and insightful interview here, and view the entire article on autonews.com. Mr. Blue is also the owner of Cobalt Ventures, a firm that was once one of Louisvilles biggest real estate developers. Live from London, tracking the breaking and top business news stories in the lead-up to the opening of European markets. With this, the airline's net worth has now turned negative. Let me tell you, Indigo is one of the most confusing colors out there! Todd, Blue, CEO and founder of indiGO Auto Group in the desert, has been nominated for the 2019 Time magazine Dealer of the Year award. Recipients are among the nations most successful auto dealers who also demonstrate a long-standing commitment to community service. As of February 2023, The estimated net worth of Todd Fisher is approximately $18 million. Growing auto empire expands with Houston's wealth, Black trail riders head to Houston rodeo parade after grueling, joyful 6-day journey, 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. Tyler and Todd - Lifestyle, Biography, & Net Worth! "We have services for the customer where budget is not a factor," Blue said. The use of the net worth method is demonstrated in the figure below. Blue founded indiGO Classic Cars in 2006, buying rides and even importing them from Europe, then selling them at auction. Sumber Mekar No.45, Babakan, Kec. Save my name, email, and website in this browser for the next time I comment. After successfully unloading one of his own classic rides at a profit, he decided to give the car business a whirl. ", 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. Today our business provides careers for almost 400 automotive professionals which supports their families. , The garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. Our boy is an auto dealership magnate who owns at least ten facilities across the country, all of them selling luxury nameplates Porsche, Bentley, Lamborghini, BMW, McLaren, Aston Martin and the like. Upon reaching the garage, he slips through the glass doors. 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. Dirt is a part of Penske Media Corporation. 3. Your fresh start is here. There is no other collection like it in North America, said Blue. The estimated Net Worth of Todd M Cleveland is at least $79.8 Million dollars as of 15 August 2022. 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. Mr. Bluedorn owns over 9,298 units of Lennox International Inc stock worth over $7,502,626 and over the last 16 years he sold LII stock worth over $104,226,981. "If I hadn't taken that chance, I'd have regretted it forever.". He has lived in Argentina, Kazakhstan and Colombia and speaks fluent Spanish. Turns out the buyers are Todd & Karen Blue, a married couple from the U.S. state of Kentucky. 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todd blue indigo net worth