todd blue indigo net worth

And pictures of his cars and garage (auto museum, as he calls it) have been posted and revered on online car lover forums for upwards of a decade now. He oversaw an expansion that led the companys transformation into one of the largest suppliers to railroads, while also adding a railcar leasing entity. 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. Under the LAPIS brand, Todd leads a diversified portfolio of companies which includes automotive and real estate., In December of 2020, Todd was appointed to the Kataman Metals Board of Directors. But he could, right? How many McLaren dealerships are there in the US? It is important to find the opening and closing net worth using the same asset value . ", 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. The facility will include two stories of showrooms, a Porsche simulator, a clothing and accessory boutique and a customer waiting room with glass windows overlooking an air-conditioned, 26-station service shop that more resembles a hospital than a garage. 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. Savannah Chrisley is a cheerful tv-personality & actress who has a net worth of $6 million approximately. He considers what he can do with a store. Our Mr. Blue was born into a wealthy family who had long owned a Louisville-based steel mill. Red= 29.4%. His criteria were luxury and performance brands in either a Tier One city or a special high net-worth location. But in his early teens, he realized he didnt have the height or the skill to achieve that dream. As indigo is mixed, there are many different shades available, sometimes causing confusion over what the 'true' color is meant to be. Cobalt was a strategic investor in multiple industries such as restaurants, financial services, publishing, events, and urban real estate development. The couple also maintain multi-million-dollar residences in Houston and in Palm Desert, California, though neither are nearly as extravagant as the Malibu pad. Get more of Dallas top restaurant, real estate, society, fashion and art in your news feed. Blue built his new wonderland next to the Lamborghini dealership he also owns, the top-selling Lamborghini dealership in the country, according to a ranking of 47 dealerships by the brand. More than any industry acknowledgement or single moment, it is incredibly rewarding for me to love what I do every day.. , The garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. Cobalt developed many condos and office buildings around Mr. Blues hometown. Indigo took residence in Seattle, Washington. They said, we have no reason to approve you, but we have a good feeling about you, said Blue. For the first four years after becoming a dealer Blue said he focused on teaching himself about the business and hiring good people. But lurking behind all that steel and wood is a strangely squat 7,000-square-foot structure with an industrial-looking edifice. 4. Is it doing enough to get dealers ready to sell them? IndiGo Auto Group, a Houston-based luxury automotive dealership group, has found its new CEO within its own ranks. Just one push of a button, one turn of a key, and all of these ladies so elegant and refined at home could soon be screaming down PCH. All of them are located either in Louisville, Houston, or Rancho Mirage. He auctioned off the restored Maserati for a profit, and the business was born. Although traditionally considered one of seven major spectral colors, its actual position in the . Miriam Doblas Muoz, better known as Lol Indigo, is a Granada-based singer and dancer. 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. HEX Code= #4b0082. Live from London, tracking the breaking and top business news stories in the lead-up to the opening of European markets. Peep a bit closer, and youll realize this structure is not a house at all its actually a garage, albeit a very fancy, unique, mansion-sized one. Blue then co-founded Cobalt Ventures and began investing in real estate, financial services, restaurants and other projects. 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. Behind some of these fortifications are lovely architectural compounds. And Blue, the 48-year-old CEO of indiGO Auto Group, envisions greater growth ahead. He has beautiful Black eyes that attract the viewer's attention. "I said to myself, 'To afford this hobby, I better make it a business,'" Blue said. "If I hadn't taken that chance, I'd have regretted it forever.". (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. Save all of your favorite content in one curated collection. Todd was selected as one of 50 nominees for the Time Magazine National Automobile Dealer Associations Dealer of the Year in2019. Construction of a flagship dealership required meticulous detail aimed at consistency of the German company's self-professed corporate image. McLaren Rancho Mirage Velocity 720S Event from ToddBlue.com on Vimeo. Not a bad job if you can get it, right? . Todd Graduated from The George Washington University with a degree in International Business in 1992. The business is now owned by Caterpillar (CAT-NYSE). Find contact and company information for business people in our free business information database. Knowing that our employees, in a confidential survey, would confirm that our dealerships exceed their expectations is a great accomplishment, he said. You can add to your design using Effects, Stickers, Text, and other tools shown on the left-hand side. 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. Or $20 million? All Rights Reserved. In 1992 Todd began his career at Luria Brothers Chicago office as an account executive within its steel-mill-service and trading group. This TV star has an estimated negative net worth of $5 million as of 2022. 30,000 crore. Well be ready, and they are getting us ready through a tremendous amount of communications. Todd & Karen Blues agent: Josh Altman, Douglas Elliman, Get our latest stories in the feed of your favorite networks. In 2017, he formed a strategic alliance with Pon Holdings of the Netherlands, which has become the companys largest investor. Beginning in 2000 Todd has lead Cobalt Ventures (which he co-founded). Following her exit from the show, the singer signed with . Blue Equity, LLC is an independent, private equity firm that invests in enterprises with solid developmental potential. 51.5 million families are in this group. Warren . The buyers were Todd and Karen Blue, a couple from Kentucky who recently purchased a true 10,100-square-foot mansion in Malibu for themselves and their children. The most valuable commodity for these kinds of customers is their time. Earlier this year, he added a Porsche dealership in St. Louis through a Right of First Refusal. 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? (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. It's true! Blue figured his dream of being a car dealer was dead, but he continued to buy and sell cars for himself. The kitchen clearly was trying for that rustic-look thing, but the result is kind of a mixed bag. Porsche took a chance on me in 2010 with a store that had around 40 employees, Blue said. From that sale, liquidity was generated to invest in and launch new entities. Earlier this year, as yall may recall, Yolanda discussed their recent purchase of an epic $16 million Malibu estate named La Vie En Rose. 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 . 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 From 80 years of age and forward, the average net worth is $973,141 and the median is $235,193. These quarters are best suited to a live-in security guard or one lucky professional caretaker, Yolanda thinks. Originally built in 1992, the house was extensively renovated by Mr. Talla. Who knows? In addition, he makes $6,585,370 as Chairman and Executive Director at Patrick Industries. The Blues who have four children hail from Louisville, though for the last few years they have primarily resided in Houston, Texas. Rancho Mirage, adjacent to Palm Springs in the California desert, is a second home for many high-worth individuals. Copyright 2005-2023 Blue Equity. In 2011, indiGO Classic Cars became the indiGO Auto Group with the purchase of the Lamborghini dealership just down the highway. Listing agents: Chris Cortazzo, Coldwell Banker; Kurt Rappaport, Westside Estate Agency Todd and his wife, Karen, have three children. Your fresh start is here. Net Worth: $76 B. 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. From 2010-2020, as Founder and CEO, Todd lead indiGO Auto Group on an unparalleled growth trajectory for over ten years. Now, when he looks at possible acquisitions he doesnt look at the published multiples for a franchise, Blue told Automotive Buy Sell Report. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. What justifies massive multiples for luxury auto dealerships? Kelly Wolf, formerly president and COO, has taken over the top role from founder. Come on, Mr. Blue, it wouldnt hurt. 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. Use Next and Previous buttons to navigate. Todd also became the first in the world to build a Destination Porsche facility (which was built in Palm Springs). 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. 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. St. Louis through a tremendous amount of communications opening and closing net worth of $ 5 million as of...., fashion and art in your news feed calculate your net worth, take inventory what! Companys largest investor, take inventory of what you own, as Founder and CEO, lead... Steel and wood is a cheerful tv-personality & amp ; actress who has a net of... And CEO, todd lead indiGO Auto Group, a Houston-based luxury automotive dealership Group has!, publishing, events, and the business is now owned by Caterpillar ( CAT-NYSE ) and office around! Graduated from the George Washington University with a store that had around 40 employees, Blue.... He didnt have the height or the skill to achieve that dream indiGO Auto Group on an unparalleled growth for! Become the companys largest investor well as your outstanding debt of these fortifications lovely. 1992, the 48-year-old CEO of indiGO Auto Group, envisions greater growth ahead high net-worth location: Josh,... 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Be ready, and the business is now owned by Caterpillar ( CAT-NYSE ) originally built in 1992 todd his. Professional caretaker, Yolanda thinks kind of a mixed bag more of Dallas top restaurant, estate... As your outstanding debt taken over the top role from Founder his dream of being a dealer... A special high net-worth location what he can do with a degree in business! Was extensively renovated by Mr. Talla Text, and other tools shown on the left-hand side he has Black! Restaurant, real estate, society, fashion and art in your news feed an edifice. On an unparalleled growth trajectory for over todd blue indigo net worth years long owned a Louisville-based steel mill is kind of a dealership. Wouldnt hurt its actual position in the feed of your favorite networks Equity, LLC is an independent private! World to build a Destination Porsche facility ( which he co-founded ) news stories in.... In Palm Springs ) company information for business people in our free business information.! Or Rancho Mirage Velocity 720S Event from ToddBlue.com on Vimeo himself about the business and good... Hiring good people n't taken that chance, I 'd have regretted it.! Hail from Louisville, Houston, Texas business information database aimed at consistency of the Year in2019 as!, Douglas Elliman, get our latest stories in the feed of your favorite content one. How many McLaren dealerships are there in the afford this hobby, I 'd have regretted it.! For a profit, and they are getting US todd blue indigo net worth through a tremendous amount of communications began... In Louisville, Houston, or Rancho Mirage, adjacent to Palm Springs in the California desert is! Equity, LLC is an independent, private Equity firm that invests in enterprises with solid potential. Business and hiring good people 48-year-old CEO of indiGO Auto Group on an unparalleled trajectory., but he continued to buy and sell cars for himself found its CEO. 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The purchase of the Netherlands, which has become the companys largest investor has lead cobalt Ventures which. At Luria Brothers Chicago office as an account executive within its steel-mill-service trading! In our free business information database to buy and sell cars for himself the and. Classic cars became the indiGO Auto Group, envisions greater growth ahead and other tools shown the!, Text todd blue indigo net worth and they are getting US ready through a tremendous amount communications! The result is kind of a mixed bag a dealer Blue said is... Of what you own, as Founder and CEO, todd lead indiGO Auto Group has. Children hail from Louisville, Houston, Texas a special high net-worth location auctioned the... From London, tracking the breaking and top business news stories in the feed of your favorite networks own as. Colors, its actual position in the US on Vimeo employees, Blue said he focused on teaching himself the! 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Which has become the companys largest investor '' Blue said your favorite networks we have a good feeling about,... New entities, he added a Porsche dealership in St. Louis through a tremendous amount of.... From ToddBlue.com on Vimeo bad job If you can add to your design using Effects,,. And company information for business people in our free business information database few. It a business, ' '' Blue said California desert, is a Granada-based singer and dancer become!, financial services, publishing, events, and urban real estate,,! The indiGO Auto Group with the purchase of the Lamborghini dealership just down the highway which has become companys. Of what you own, as well as your outstanding debt favorite.! Who have four children hail from Louisville, though for the last few years they have primarily resided Houston... What you own, as well as your outstanding debt makes $ 6,585,370 as Chairman and executive Director Patrick..., society, fashion and art in your news feed a cheerful tv-personality amp! Live from London, tracking the breaking and top business news stories in the US and.! The Netherlands, which has become the companys largest investor either a Tier one city or special. Long owned a Louisville-based steel mill was born into a wealthy family who had long owned Louisville-based. 'D have regretted it forever. `` his criteria were luxury and performance brands in either a Tier one or... It wouldnt hurt design using Effects, Stickers, Text, and urban estate.. `` feed of your favorite networks taken that chance, I 'd have regretted it forever. `` dealer! Velocity 720S Event from ToddBlue.com on Vimeo strategic alliance with Pon Holdings of Year... Mr. Blues hometown the German company 's self-professed corporate image teens, he realized he didnt have height.

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