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. McLaren Rancho Mirage Velocity 720S Event from ToddBlue.com on Vimeo. Over in Texas, the Blue familys main residence is a 10,859-square-foot mansion with 6 beds and 6.5 baths in the swanky River Oaks neighborhood of Houston. The Color tool will provide a solid background color versus a gradient. Black= 49%. 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. All of this was incorporated to keep his cars in pristine condition. Find 47 people named Todd Blue along with free Facebook, Instagram, Twitter, and TikTok profiles on PeekYou - true people search. Is it doing enough to get dealers ready to sell them? 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. In 2013, he acquired Desert European Motorcars. In addition to the garage itself, which can hold 25+ exotic vehicles. He would like to add some brands that are owned by the same manufacturers that he already represents, said Blue. Porsche North Houston's Grand Opening Event. The kitchen clearly was trying for that rustic-look thing, but the result is kind of a mixed bag. 2229 San Felipe Street, Suite 1125Houston, TX77019. 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. Sometimes you never know whats lurking behind a gate. After partnering to purchase the company (and its affiliates), he later sold most of its assets to Progress Raila division of Florida Progress. Our Mr. Goldman caresses every rakish fender, gently fingers every crevice on their bodies until dawn begins to illuminate their sinewy sheetmetal. The property was in escrow within four months and sold, albeit for $7,325,000 a significant 27% discount. 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. Rancho Mirage, adjacent to Palm Springs in the California desert, is a second home for many high-worth individuals. Indigo was born on June 19, 1925 in Los Angeles, California, United States, is Actress. Maybe its just a vacation home. The middle 40% of U.S. families own 22% of the wealth. Todd Bluedorn Net Worth The estimated Net Worth of Todd M Bluedorn is at least $125 Million dollars as of 15 March 2022. After all, Malibu is a fairly small city. It's true! 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. 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. Construction of a flagship dealership required meticulous detail aimed at consistency of the German company's self-professed corporate image. The Time Magazine Dealer of the Year award is one of the automobile industrys most prestigious and highly coveted honors. Listing agent: Chris Cortazzo, Coldwell Banker He has beautiful Black eyes that attract the viewer's attention. 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. That included IndiGO chief operating officer Kelly Wolf, whom Blue calls his confidant and his best friend. Though he didnt have retail experience, some of the executives knew him through his classic cars business. 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. Even the incessant oil slump hasn't taken the edge off Houston's market for high-end toys - and the new Porsche North Houston comes amid several high-profile, high-dollar luxury car projects emerging across town. The bedroom at the garage is . . 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. In March 2018, he put the property up for sale with an even-steven $10 million asking price. 445 E Market St Louisville, KY 40202 PO Box 1509 Louisville, KY 40201 7 West Ln Houston, TX 77019 13911 North Fwy Houston, TX 77090 2229 San Felipe St Houston, TX 77019 13921 North Fwy Houston, TX 77090 PO Box 1610 Rancho Mirage, CA 92270 15 River Hill Rd Louisville, KY 40207 2525 Eastside St Houston, TX 77019 . IndiGOs Drive 4 Kids with BMW of Palm Springs from ToddBlue.com on Vimeo. After acquiring that business from his father and significantly growing revenues, he and his brother eventually sold it in 1998. 4. Porsche has committed to a major push on electric. 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. Behind some of these fortifications are lovely architectural compounds. He stealthily creeps out of bed, exits his house via a discreet side door, hops the front gate. 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. Losing a sister and a mother is a span of 24 hours can be the most difficult things to handle in life. indiGO's "best brands, best locations, best people" philosophy goes far beyond the traditional dealership model by providing a more . 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. It acknowledges that our company mission is alive and well. Dealers are nominated by the executives of state and metro dealer associations around the country. Knowing that our employees, in a confidential survey, would confirm that our dealerships exceed their expectations is a great accomplishment, he said. Babakan Ciparay, Kota Bandung, Jawa Barat 40223, Indonesia Bridges son is a former child actor who has appeared in the film 'Daddy Day Camp'. Todd Blue, Indigo Auto Group founder and CEO, at the new Lamborghini Houston dealership on I-45 North Friday Oct. 12,2018. 4. So Blue posted a classified ad on the online forum of the Young Presidents Organization, a club for chief executives. The time is now to be planning, thinking, strategizing. Our Mr. Goldman is a low-profile engineer (by trade) who made his fortune in the electronics industry and was able to retire while still in his 40s. Anyway, the Goldmans relocated to a different house in Malibu a few years back and sold off their Point Dume residence. People that really want the experience are willing to pay for it.. It will "be a prototypical dealership, which showcases Porsche's latest design scheme.". Applying the same ratios to the Air India EBITDAR, he arrived at an enterprise value for Air India in the range of Rs. I had a lot of questions about his plan," said Wolf, 39, and now the chief operating officer of indiGO. Show Navigation Hide Navigation. Sumber Mekar No.45, Babakan, Kec. Baddour holds bachelor's degrees in journalism and Latin American studies from the University of Texas at Austin. 4. We wouldnt doubt it. Bravo! Markets never sleep, and neither does Bloomberg News. 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 []. 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. 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 . 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. Blue said he aims to continue buying dealerships around Houston and the nation and will remain "disciplined and focused on staying in the luxury segment.". After graduating from George Washington University in Washington, D.C. with a degree in International Business, he went to work for a scrap metals trading firm. Indigo is a color that is traditionally regarded as a color on the visible spectrum, as well as one of the seven colors of the rainbow: the color between blue and violet. Gen X (ages 40 to 55): $1.9 million. Copyright 2005-2023 Blue Equity. Automotive News: How was 2017 for Porsche dealers? During his time as CEO, his dealerships have been multi-year award winners of the J.D. 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. 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. He doesnt believe the multiples anyway. All Rights Reserved. It is important to find the opening and closing net worth using the same asset value . Todd Marinovich. He also spent two years investigating armed groups in Latin America for the global security department at Facebook before returning to Texas journalism. From 80 years of age and forward, the average net worth is $973,141 and the median is $235,193. A year later, Blue acquired Lamborghini Houston. It allowed me to do everything right, from a customer service perspective, which was my number one goal. Today, Blues indiGO Auto Group represents 14n franchised dealerships in four markets, including Houston, St. Louis, Rancho Mirage and Palm Springs, California. Blue: Net Worth: $328,000 to $822,000. Some months ago, Yolanda called Mr. Talla and begged him to rename the house Brnhilde brennt einFeuer auf dem Dachboden. What does the board of regents hope to accomplish in 2018? Aside from its locationoutside of Texasit was exactly the kind of acquisition Blue was looking for. 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. Baby boomers (ages 56 to 74 . I had no experience selling new cars, said Blue. Your fresh start is here. In addition, he makes $6,585,370 as Chairman and Executive Director at Patrick Industries. Save all of your favorite content in one curated collection. In his collection we see white, we see black, we see silver. 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. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. Following her exit from the show, the singer signed with . read more. The Blues have businesses in both Rancho Mirage and Houston, so naturally they keep multi-million-dollar homes in both locations. Porsche North Houston's Porsche Classic Partner. Largest blue ammonia facility of its kind in Texas, enabling the capture and sequestration of up to 1.7 million metric tons per year of CO2 Total. 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. We want to hear from you! In December of 2020, Todd was appointed to the Kataman Metals Board of Directors From 2010-2020, as Founder and CEO, Todd lead indiGO Auto Group on an unparalleled growth trajectory for over ten years. Naturally Yolanda was curious as to the identity of the new owner(s), and what his/her/their intentions were for the property. What justifies massive multiples for luxury auto dealerships? IndiGo Auto Group, a Houston-based luxury automotive dealership group, has found its new CEO within its own ranks. "We have services for the customer where budget is not a factor," Blue said. 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 You take care of them and they'll take care of you.". In addition, he makes $21,813,000 as Chief Technology Officer at Meta . 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. Well be ready, and they are getting us ready through a tremendous amount of communications. ", 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. He shook up the staff and brought annual sales there to 78 vehicles in 2016, up from 12 in his first year. Most of his net worth comes from his contribution to the movies and television industry. And Mr. Goldmans new house at least in the aerial view does not appear to have a garage capable of containing these gems. Let me tell you, Indigo is one of the most confusing colors out there! Though spartan, the quarters are livable enough and are comprised of a small kitchen with stainless steel appliances, one bedroom, and 2.5 bathrooms. Possibly even more? indiGO Auto Group's Team Members, 2019 Todd Blue 2019: indiGO Auto Group's Team Members Porsche North Houston's Porsche Classic Partner Todd Blue Porsche North Houston's Porsche Classic Partner Grand Re-Opening Lamborghini Houston and RRMC North Houston Todd Blue The Grand Re-Opening of Lamborghini Houston & Rolls-Royce Motor Cars North Houston Todd sold indiGO to Pon and retired from indiGO in 2020. Good heavens! More than any industry acknowledgement or single moment, it is incredibly rewarding for me to love what I do every day.. The bottom 50% includes 64.3 million families, with 13.4 million of these families having a negative net worth. 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. 2023 Dirt.com, LLC. This year, he has acquired a Porsche store in St. Louis, bringing IndiGOs franchise count up to 12. Tyler and Todd - Lifestyle, Biography, & Net Worth! Earlier this year, he added a Porsche dealership in St. Louis through a Right of First Refusal. We'll focus on the median and average net worth figures for different age groups: Age of head of family. 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. In the darkness, he silently he jogs around the corner and up the short hill, his sock-covered feet barely kissing the ground in his haste. First Look at the All New Porsche North Houston. Working in the scrap metal business was in some ways good preparation for being a car dealer, said Blue. 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. 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. Blue tapped another local luxury auto insider, Zack Lawrence, as general manager. Back in early 2014, Mr. Talla purchased the property for just $7,060,000. Roman Todd Net Worth 2022. Established in 2004, Blue Equity is built on a legacy of leadership in business dating back four generations to 1913. Rather, it was down the hill and around the corner. She was diagnosed with an anxiety disorder. . Todd Graduated from The George Washington University with a degree in International Business in 1992. 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. 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. 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. CHAIRMAN AND DEALER PRINCIPAL, INDIGO AUTO GROUP, DESERT EUROPEAN MOTORCARS. What major issues do Porsche dealers face? A dream garage in every sense, if you will. He oversaw an expansion that led the companys transformation into one of the largest suppliers to railroads, while also adding a railcar leasing 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. Porsche has always been one of the worlds greatest brands, so this was an opportunity I couldnt pass up, Blue said. , The garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. How old is Todd Blue? Our sister paper in Houston. indiGO Auto Groups Founder & CEO Todd Blue was featured last week in Automotive News. "All this will, of course, change when the numbers are available," Deb adds. The business is now owned by Caterpillar (CAT-NYSE). A guy will pull up in torn jeans and cowboy boots, but they are the biggest Lambo buyer, said Blue. (Very) loosely translated, it reads The princess burns an everlasting flame in the attic., Pretty awesome, right? 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. There are reds, blues, yellows, and even a daring shade of burgundy on that McLaren P1. 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. White net worth is estimated at $1 Million dollars. 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. He considers what he can do with a store. Todd was selected as one of 50 nominees for the Time Magazine National Automobile Dealer Associations Dealer of the Year in2019. 3: RECORD DATA. As weve said, our educated guess is that Mr. and Mrs. Blue will keep the facility as-is. A lot of my business model is based on passion and love for these brands, Blue told Automotive Buy Sell Report. Dirt is a part of Penske Media Corporation. . Totally unique, memorable, and it would give this place a nice touch of Germanic austerity. Even the incessant oil slump hasn't taken the edge off Houston's market for high-end toys - and the new. Blue: Lucky Number: 1: Lucky Stone: Diamond: Lucky Color: Red: Best Match for Marriage: Leo: Social Media; Facebook Profile/Page: Twitter Profile: Instagram Profile: . Use Next and Previous buttons to navigate. Todd Thompson is the former husband of famed chef, Giada De Laurentiis.The pair . But on second thought, that could be be coincidental. But his salary and other earnings are unknown. The award is sponsored by Time in association with Ally Financial, and in cooperation with NADA. You map (or import) some or all of your field boundaries and enroll in Carbon by Indigo. Get more of Dallas top restaurant, real estate, society, fashion and art in your news feed. Now, when he looks at possible acquisitions he doesnt look at the published multiples for a franchise, Blue told Automotive Buy Sell Report. He also has a 1955 Porsche Yacht and Wagon, the only vehicle in the collection that is not blue. And thats what makes this setup fabulous. Also our 911 volume is a little backloaded toward the end of the year. In the example, we've denoted them as current net worth (NWc) and past net worth (NWp). Nominees will also be recognized on AllyDealerHeroes.com, which highlights the philanthropic contributions and achievements of Time Dealer of the Year nominees. When he was very young, Blue wanted to be a professional basketball player. Get the latest scoop directly in your inbox. Todd also became the first in the world to build a Destination Porsche facility (which was built in Palm Springs). 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 . 1: SIGN UP. Nonetheless, the deal got done. This directory covers Todd Blue After working as a management consultant in New York City, Jonathan Blue returned to Louisville and joined the Blue Family business in the early 1990s. 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