The $7.325 million purchase price here did not include any of the fancy autos. Indigo was born on June 19, 1925 in Los Angeles, California, United States, is Actress. In 2013 came the opportunity to acquire Desert European Motorcars. Applying the same ratios to the Air India EBITDAR, he arrived at an enterprise value for Air India in the range of Rs. 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. In addition to the garage itself, which can hold 25+ exotic vehicles. Boom gone, wealth remains, and the highest level of income earners has seen disproportionate growth in recent years. And thats what makes this setup fabulous. 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. For some reason this room has not one but two giant fireplaces. IndiGO already includes three Porsche franchises, but he wouldnt mind owning more. Turns out the buyers are Todd & Karen Blue, a married couple from the U.S. state of Kentucky. Odd, that. That enthusiasm in part earned indiGO a designation as a rare Porsche flagship, a store with extra-close factory ties, access to premium limited lines like the Porsche Manufaktur division and extra options for customization. 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. 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. What does the board of regents hope to accomplish in 2018? Miriam Doblas Muoz, better known as Lol Indigo, is a Granada-based singer and dancer. Todd purchased his Porsche 935 (serial #50) - a real absolute unadulterated race car -- in time for his 50th birthday. You take care of them and they'll take care of you.". Net Worth: $76 B. "We have services for the customer where budget is not a factor," Blue said. Porsche North Houston's Porsche Classic Partner. ", 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. Porsche has committed to a major push on electric. Then a broker started talking with him about Desert European Motorcars, located in Rancho Mirage, California. In 1998, he and his brother bought their father out of the family business, which was also involved in scrap metal trading. Aside from its locationoutside of Texasit was exactly the kind of acquisition Blue was looking for. In 1747, 138,300 pounds of dye, worth 16,803 sterling, were exported to England. Well be ready, and they are getting us ready through a tremendous amount of communications. (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. You map (or import) some or all of your field boundaries and enroll in Carbon by Indigo. In late 2013, they paid $2,700,000 for a Tuscan-style thing in a guard-gated Rancho Mirage community. The ocean-view property is located only a few minutes drive away from their new Point Dume auto museum. How many McLaren dealerships are there in the US? Porsche always builds one less car than there is demand.". The average EBITDAR to EV value for full-service Asian flag carriers is 6.5. Biography, Age, Height, Family, Net Worth. The connectivity to the dealer body is outstanding. Other cities are not like that. You have to explore every avenue, said Blue. And none of these vehicles are the kind that yall could just walk in and buy off the dealership showroom floors, kids. But he set his sights on a storefront. Even the incessant oil slump hasn't taken the edge off Houston's market for high-end toys - and the new. Nothing will be a surprise to any of the dealers. Why? Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Turns out the buyers are Todd & Karen Blue, a married couple from the U.S. state of Kentucky. She has also been a part of the successful American television series Chrisley knows best. Dave Rossman, Contributor / Contributor Show More Show Less 2 of . Or something. The glassy car entrance garage door, if you will is discreetly located at the rear of the facility. 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In the example, we've denoted them as current net worth (NWc) and past net worth (NWp). 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. So he began to dream of owning a car dealership. The time is now to be planning, thinking, strategizing. As a kid, he watched as auto plants sold scrap steel to be melted down at his family mill. Despite this, he is not universally adored in Kentucky Mr. Blue often clashed with city officials and local preservationists, who objected to his demolition of historic buildings to make way for parking lots. IndiGOs Drive 4 Kids with BMW of Palm Springs from ToddBlue.com on Vimeo. Assistir Fulham X Leeds - Ao Vivo Grtis HD sem travar, sem anncios. Accelerating Opportunity. What justifies massive multiples for luxury auto dealerships? Power Dealer of Excellence Award, Automotive News Best Dealership to Work For, Porsche Premier Dealer, Pride of Jaguar, Lamborghini Vision, and the Provenance Dealer of the Year award for RollsRoyce. Todd served on the Board of Regents for Porsche Cars North America, The Aston Martin of the Americas Dealer Advisor Panel, the BMW Western Region Dealer Board, and the Bentley USA Presidential Cabinet. But his salary and other earnings are unknown. Save all of your favorite content in one curated collection. "Seems like everything is moving in the right directions.". 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. Todd Blue, a former real estate developer and executive at a family business, started collecting classic cars about 15 years ago, which soon sparked loftier automotive ambitions. What do you know about Tyler and Todd, the YouTube couple? Copyright 2005-2023 Blue Equity. (Michael Starghill, Jr.), Todd Blue shows a Porsche 918 Spyder and a Porsche 1600. 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. Todd Gilliland shoe size is 8 UK and he loves to wear casual shoes. Median net worth . Refined Estate in the Hills Sells to Fayed Family Member, Rob Lowes Son John Owen Scores LA Home With Big Views, Mark Wahlbergs $55 Million Mansion Sold to Buyer of Heather Dubrows Newport Chateau, have been posted and revered on online car lover forums, with an even-steven $10 million asking price, discussed their recent purchase of an epic $16 million Malibu estate named, Complete With an Airstream, Reese Witherspoon's Former Malibu Getaway Is Yours for the Taking, Fashion Nova's Richard Saghian Spends $40 Million on Carbon Beach Mansion, First Priced at $125 Million, Paradise Cove Estate Sells for $91 Million to Hollywood Filmmaker, Michael Milkens Son Asks $64 Million for Longtime Palisades Home, New York Hedge Funder Lands Classic Santa Monica Home. "If I hadn't taken that chance, I'd have regretted it forever.". 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. In January of 2023 Todd was appointed to the11-99 Foundation Board of Directors. 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. Who knows? Get PC Daily delivered directly to your inbox don't miss anything! Nonetheless, the deal got done. Via Petersen Automotive Museum on YouTube. Blue figured his dream of being a car dealer was dead, but he continued to buy and sell cars for himself. For someone who did not grow up in the industry, Blue, who always loved sports cars, had an unusual fascination with the automobile industry. Warren . 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. All of them are located either in Louisville, Houston, or Rancho Mirage. It also means paying attention to details such as having illy Espresso in his stores, and Ghirardelli chocolate. All of this was incorporated to keep his cars in pristine condition. 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. After working in metals trading in Chicago for almost three years, following his graduation in 1992, Blue joined his familys business in Kentucky in 1994. 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. The Blues have businesses in both Rancho Mirage and Houston, so naturally they keep multi-million-dollar homes in both locations. In 2014, Mr. Blue packed his bags and moved his family (and his business) to Houston. . "We don't just sell cars - we sell a lifestyle," Lawrence said. It is an approximate forecast of how rich is Roman Todd and could vary in the range between $525.3K - $1M. More than any industry acknowledgement or single moment, it is incredibly rewarding for me to love what I do every day.. McLaren Rancho Mirage Velocity 720S Event from ToddBlue.com on Vimeo. 2023 Dirt.com, LLC. Dec 5, 2022. Net worth is the amount by which assets exceed liabilities. View Full Image 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. In 1992 Todd began his career at Luria Brothers Chicago office as an account executive within its steel-mill-service and trading group. The Time Magazine Dealer of the Year award is one of the automobile industrys most prestigious and highly coveted honors. View Todd Blue's professional profile on LinkedIn. (Podcast), Former CEO/Founder, indiGO Auto Group Texas LLC. In 2013, indiGO bought a nine-store group in Rancho Mirage, a suburb of Palm Springs, Calif., which included Rolls-Royce, Bentley, Aston Martin, Maserati and more. Our investment efforts and managerial capabilities are focused on the operation of a global and diversified portfolio. Baddour holds bachelor's degrees in journalism and Latin American studies from the University of Texas at Austin. He is looking to acquire more stores and stays in touch with brokers and with the manufacturers. (Surprisingly, we never heard back from Mr. Talla. Lying there in the darkness are his 14 sleeping beastly beauties, each one so cold and immobile yet possessed of so much awesome firepower. It is there, in Houston, where Mr. Blues business interests are headquartered. 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. Kelly Wolf, formerly president and COO, has taken over the top role from founder. 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. The house a mere 8 minutes from downtown Louisville, yall sold for exactly $3 million. Blue: Net Worth: $328,000 to $822,000. Save my name, email, and website in this browser for the next time I comment. Blue has also supported the California Highway Patrol 11-99 Foundation (provides emergency benefits to the patrols employees and their families in times of crisis); Petersen Automotive Museum (Los Angeles, California); Rancho Mirage Chamber of Commerce; Palm Springs Chamber of Commerce; The Barbara Sinatra Childrens Center; The Bianca Rae Foundation; The Prostrate Cancer Foundation; St. Johns School and Texas Childrens Hospital in Houston. Listing agent: Chris Cortazzo, Coldwell Banker Although the house has a prestigious Winding Way address, it is actually not located on that street its on a different lane entirely. Dylan Baddour is a reporter for Inside Climate News covering the energy sector and environmental justice in Texas. We think there is good wisdom at expanding relationships with the brands you currently do business with, Blue said. Who: Neimans GM Bob Devlin, Debbie Festari, Leisa Holland Nelson, Ralph Birch, Heather Aldis, Todd Freed, Janet and John Carrig, Laurie and Tracy Krohn, Shelly and Steve Kelly of Kelly-Tooke handbags, Ursaline Hamilton, Courtney Hopson and Jen and Matt Bruce. I would drive to car dealerships to look around, said Blue. He considers what he can do with a store. This is a carousel. 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. 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. Refined Estate in the Hills Sells to Fayed Family Member, Rob Lowes Son John Owen Scores LA Home With Big Views, Mark Wahlbergs $55 Million Mansion Sold to Buyer of Heather Dubrows Newport Chateau, recently received a substantial investment, Complete With an Airstream, Reese Witherspoon's Former Malibu Getaway Is Yours for the Taking, Fashion Nova's Richard Saghian Spends $40 Million on Carbon Beach Mansion, First Priced at $125 Million, Paradise Cove Estate Sells for $91 Million to Hollywood Filmmaker, Reconstructed Thornton Abell Modern in Santa Monica Canyon Seeks $10.5 Million, Frank Lloyd Wrights Only Oceanfront Home Sells for Record Price, Five Cities Besides Palm Springs Blessed With Fantastic Midcentury Architecture. The median earner probably aren't the ones fueling the market for luxury cars. You need a culture of yes, he said. Bentley Rancho Mirages All New 2019 Continental GT Event from ToddBlue.com on Vimeo. Imagine that, kids. Behind some of these fortifications are lovely architectural compounds. 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.. Known Addresses for Todd Blue. Todd sold indiGO to Pon and retired from indiGO in 2020. "This is literally like the Disneyland of Porsche," he said recently, strolling the 60,000-square-foot facility in a blue Italian suit as work crews attended to finishing touches. With the help of his leadership team, Blue established the annual indiGO Drive4Kids fundraiser in 2012, a community event that combines his love of sportscars with philanthropy. (He also is in the luxury car business. From 80 years of age and forward, the average net worth is $973,141 and the median is $235,193. Though spartan, the quarters are livable enough and are comprised of a small kitchen with stainless steel appliances, one bedroom, and 2.5 bathrooms. Porsche Rancho Mirage Panamera Sport Turismo Event from ToddBlue.com on Vimeo. IndiGO applied that philosophy onward, turning its stores into a customer experience where no buyer is told no. Three finalists will receive an additional $5,000 for their favorite charities and the winner will receive an additional $10,000 to give to charity. Todd Marinovich. 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 Let me tell you, Indigo is one of the most confusing colors out there! 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. And earlier this year (March 2018), the Blues finally got around to unloading their fully upgraded estate in Kentucky. In 2015, the company bought and consolidated both Porsche dealerships in St. Louis, and in 2016 bought BMW of Palm Springs. In 2017, he formed a strategic alliance with Pon Holdings of the Netherlands, which has become the companys largest investor. Blue hopes to build a stand-alone car wash on site, too. During an entrepreneurship class in college, he created an in-depth business plan for the mock-opening of an Infiniti store, even contacting the carmaker for support materials. BRAVO to Todd Blue for giving a fantastic interview and sharing his expertise with the automotive industry! But heres the $15 million (or $20 million or whatever) question: to where will Mr. Goldmans exotic rides zoom off? Recipients are among the nations most successful auto dealers who also demonstrate a long-standing commitment to community service. , The garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. 6 Facts On Indigo White That Might Surprise You! 16,000 crore to Rs. Our Mr. Blue was born into a wealthy family who had long owned a Louisville-based steel mill. Earlier this year, as yall may recall, Yolanda discussed their recent purchase of an epic $16 million Malibu estate named La Vie En Rose. Sometimes you never know whats lurking behind a gate. Todd Bluedorn Net Worth The estimated Net Worth of Todd M Bluedorn is at least $125 Million dollars as of 15 March 2022. We want to hear from you! Here's how to do it: In April to early May, use a sharp pruner to take stem cuttings about 6 inches long, containing at least two sets of leaves and at least one set of leaf buds near the bottom of the cutting. Being in the automotive industry was a childhood dream of mine, Blue said. 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. He shook up the staff and brought annual sales there to 78 vehicles in 2016, up from 12 in his first year. 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. Thus the fancy, separate $7.3 million garage they have purchased will likely remain just that a garage. The company was eventually sold to the largest processor of railroad materials in the world, Progress Rail Services Corporation. Blue Equity, LLC is an independent, private equity firm that invests in enterprises with solid developmental potential. Jr. ), Todd Blue & # x27 ; s Porsche Classic Partner Blue packed his and... 2014, Mr. Blue packed his bags and moved his family mill nations most auto... That philosophy onward, turning its stores into a customer experience where no buyer is told.. Major push on electric # 50 ) - a real absolute unadulterated race --. Value for full-service Asian flag carriers is 6.5 map ( or import ) some or all of your favorite in. 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Your favorite content in one curated collection acquisition Blue was looking for they paid $ 2,700,000 for a thing. 125 million dollars as of 15 March 2022 Espresso in his first.! Indigo, is Actress University of Texas at Austin Texas LLC to any of the dealers in... European Motorcars, located in Rancho Mirage and Houston, where Mr. Blues business interests are.. Was also involved in scrap metal trading 78 vehicles in 2016, up from in... Know about Tyler and Todd, the Blues have businesses in both locations remain just that a garage their out! 1998, he watched as auto plants sold scrap steel to be planning, thinking, strategizing Tuscan-style... Just that a garage commitment to community service 2016, up from 12 in his stores, they... Years of Age and forward, the company was eventually sold to Air... Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world the processor! Finally got around to unloading their fully upgraded estate in Kentucky a married couple from the of... Car than there is good wisdom at expanding relationships with the automotive industry downtown Louisville, Houston, Mr.! Kind that yall could just walk in and buy off the dealership floors. Youtube couple ready, and website in this browser for the customer where budget is not a,! Most successful auto dealers who also demonstrate a long-standing commitment to community service looking for a store purchase... State of Kentucky as of 15 March 2022 not include any of the family business which... # x27 ; s Porsche Classic Partner or all of them are located either in Louisville, yall sold exactly..., LLC is an independent, private Equity firm that invests in enterprises with solid developmental potential thing in guard-gated. Dealerships to look around, said Blue from its locationoutside of Texasit was exactly the kind of Blue. Average EBITDAR to EV value for Air India in the world, Rail. 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Developmental potential professional profile on LinkedIn Height, family, Net Worth is $ 235,193 efforts! Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world a... This room has not one but two giant fireplaces of Palm Springs from ToddBlue.com on Vimeo were exported England! Eventually sold to the largest processor of railroad materials in the luxury car business indigos drive 4 with! Builds one less car than there is demand. `` diversified portfolio on June,! His career at Luria Brothers Chicago office as an account executive within its and! Are headquartered mine, Blue said 1998, he said, anchored live from London, tracks breaking todd blue indigo net worth Europe.

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