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Home»Wealth»David Grutman Net Worth: Unveiling the Success of Hospitality Entrepreneur
Wealth

David Grutman Net Worth: Unveiling the Success of Hospitality Entrepreneur

By MporchardsMay 21, 2023No Comments3 Mins Read
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Table of Contents

  • Introduction
  • David Grutman’s Net Worth
  • House and Car Collection
  • David Grutman’s Career
  • Quick Facts
  • Conclusion

Introduction

David Grutman, an American businessman and hospitality entrepreneur, has gained significant recognition for his renowned nightclubs LIV and STORY. Known for his extravagant lifestyle and love for partying and clubbing, David has become a prominent figure in the industry. In this article, we will delve into his net worth, house, car collection, and more.

David Grutman’s Net Worth

While the exact net worth of David Grutman in 2018/2019 is currently unavailable, it is estimated to be in the millions and billions of dollars. His annual revenue is roughly around $45 million, derived from his successful career as a businessman and hospitality entrepreneur.

House and Car Collection

David Grutman owns a luxurious black VanDutch yacht worth approximately $1.7 million. Additionally, he resides in a stunning Mediterranean-style house on Sunset Island, worth billions of dollars. Unfortunately, there is limited information available about his car collection.

David Grutman’s Career

David Grutman’s career began when he moved to Miami, Florida at the age of 21. He initially worked as a bartender in South Beach and later joined firms such as Tantra and the Opium Group. In 2008, he co-founded Miami Marketing Group, where he currently serves as CEO and operating partner.

Under David’s leadership, MMG Nightlife emerged as a significant player in the industry. Notably, he successfully ran the nightclub in Jeff Soffer’s billion-dollar revamping of the Fontainebleau Hotel. David also owns LIV, a renowned hotel nightclub, and opened his second restaurant in the Miami Design District in 2017. Furthermore, he spearheaded a $1 billion renovation project for the historic Fontainebleau Hotel.

Additionally, David Grutman is the owner of the nightclub STORY in South Beach, as well as Oro Nightclub in the Dominican Republic and LIV Sun Life Stadium.

Quick Facts

Here are some quick facts about David Grutman:

  • He was born on July 3, 1974, in Naples, Florida, United States.
  • As of 2019, he is 45 years old, with a Cancer zodiac sign.
  • His mother’s name is Hettie Grutman, while his father’s information is not available.
  • David holds American nationality and belongs to a white ethnic background.
  • He graduated from the University of Florida in 1997 with a finance degree.
  • Rolling Stone magazine recognized David as one of the 50 Most Important People in EDM in 2014.
  • He has collaborated with numerous popular DJs and artists, including DJ Khaled and Cedric Gervais.
  • David Grutman married American model Isabela Rangel in Miami, Florida, in 2016.
  • He has a daughter named Kaia Sof Grutman, born on September 21, 2017.
  • David has dark brown hair and eyes.
  • He maintains an active presence on social networking sites like Instagram and Twitter.

Conclusion

With his successful ventures and extravagant lifestyle, David Grutman has amassed significant wealth. As an influential figure in the hospitality industry, his net worth and career achievements continue to garner attention. Alongside his ownership of renowned nightclubs, his luxurious assets and notable contributions make him a prominent entrepreneur in the field.

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