Originally built in 1992, the house was extensively renovated by Mr. Talla. Blue hopes to build a stand-alone car wash on site, too. Todd Marinovich. Their new contemporary Malibu residence is located not far from Point Dume less than 10 minutes by car, it is but it is much further away from the ocean, up above PCH in the foothills. Now, when he looks at possible acquisitions he doesnt look at the published multiples for a franchise, Blue told Automotive Buy Sell Report. Agent Name TODD L BLUE Agent Address 301 EAST MAIN STREET, SUITE 101, LOUISVILLE, KY, 40202 Directors / Officers. Particularly since the listing mentioned that the acoustically engineered structure could be converted into a recording studio. It does, however, sport a magnificent ocean view. 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. In 2017, he formed a strategic alliance with Pon Holdings of the Netherlands, which has become the companys largest investor. Aside from its locationoutside of Texasit was exactly the kind of acquisition Blue was looking for. Use Next and Previous buttons to navigate. Current & historical holdings in these industries worldwide: Driving Innovation. Todd Blue has had 1 past job as the Founder & CEO at indiGO Auto Group. Blue founded indiGO Classic Cars in 2006, buying rides and even importing them from Europe, then selling them at auction. He auctioned off the restored Maserati for a profit, and the business was born. 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. 2023 Dirt.com, LLC. 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. This year, he has acquired a Porsche store in St. Louis, bringing IndiGOs franchise count up to 12. Other cities are not like that.". 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. We are making more than just baby steps toward electrification, which is going to be a revolutionary thing for this company and the industry. All Rights Reserved. They are extraordinary auto leaders who care and go the extra mile to give of themselves to make their communities stronger. 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. There are meetings scheduled, in a healthy staggered way, between now and the arrival of that vehicle to get dealers ready. Porsche has committed to a major push on electric. Show Navigation Hide Navigation. 4. But on second thought, that could be be coincidental. Todd Blue has been involved in major real estate projects, including Mercantile Gallery Lofts on East Market and Whiskey Row. Choose the right Crunchbase solution for you Start Your Free Trial 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. Dec 5, 2022. This design has now become the standard around the world for the Porsche brand and its retail dealerships. As a kid, he watched as auto plants sold scrap steel to be melted down at his family mill. 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. Type the color indigo hex code #4B0082 in the search box underneath the color box and hit enter. Porsche took a chance on me in 2010 with a store that had around 40 employees, Blue said. One of the most important questions her fans keep asking about Indigo White would be how much does she actually have? That name is nice enough, we guess, albeit a tad generic. 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. All Rights Reserved. The $7.325 million purchase price here did not include any of the fancy autos. They sold that business in late 1998. 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. Its an incredible honor to recognize these dealers for their business accomplishments and their unwavering commitment to Do It Right by helping others in their communities, Timmerman said. After acquiring that business from his father and significantly growing revenues, he and his brother eventually sold it in 1998. If you are active in the automotive buy sell arena, we would like to talk to you about contributing to Automotive Buy Sell Report. Nonetheless, the deal got done. But lurking behind all that steel and wood is a strangely squat 7,000-square-foot structure with an industrial-looking edifice. Gracie J Blue, director; Karen L Blue, director; TODD L BLUE, agent; Todd L Blue, director; Todd L. Blue, president; Registry Page Also our 911 volume is a little backloaded toward the end of the year. Net Worth: $76 B. The property was in escrow within four months and sold, albeit for $7,325,000 a significant 27% discount. Beyond the magazine. Golf's Greatest Holes: Golfing legend Paul McGinley takes television presenter Chris Hollins on a tour of the best golf courses in Ireland and Northern Ireland. From 80 years of age and forward, the average net worth is $973,141 and the median is $235,193. The glassy car entrance garage door, if you will is discreetly located at the rear of the facility. Our investment efforts and managerial capabilities are focused on the operation of a global and diversified portfolio. I had a lot of questions about his plan," said Wolf, 39, and now the chief operating officer of indiGO. If you've got less than perfect credit, Indigo Mastercard will help you make your dreams a reality.. Indigo proudly serves the punk rock record collector, the novice cheese maker, the too-long scarf knitter, the neighborhood cat rescuer and you, the true original. 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. Net Worth 2019 is. 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. But then again, theres always the possibility that the new place has a hidden underground lair. Todd Chrisley . What a state takeover of HISD could mean for parents, students, Houston ISD to face TEA state takeover, Turner says, In Fertitta's members-only club, where photos, media are banned, Study: Low-calorie sweetener linked to heart attack, stroke risk, 750-home agrihood with farm, car-free zones breaks ground, HCC chancellor to leave role at end of contract, Popular breakfast taco spot in Houston announces a comeback, Final sale: Multiple Tuesday Morning stores in Houston closing, Buc-ee's plans Wisconsin store, its first in Midwest, AMLO: Elon Musk promises to build Tesla plant in Monterrey, FERC gridlock around gas pipelines, LNG eases, Tomlinson: Texas GOP lawmakers propose laws attacking freedom, Bob Waltrip, founder of Service Corp., has died at 92. With this, the airline's net worth has now turned negative. Yolanda thinks the whole shebang would look better if the cabinets were stained a darker shade of brown to contrast with the countertops and such. 3: RECORD DATA. Send us a tip using our anonymous form. Todd Blue, Founder of indiGO Classic Cars, recently announced his company's purchase of the award-winning Porsche of North Houston automotive dealership located at 18111 North Freeway in Houston, Texas. Even the incessant oil slump hasn't taken the edge off Houston's market for high-end toys - and the new. 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. Gerard Butlers Point Dume estate, for example. 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. In March 2018, he put the property up for sale with an even-steven $10 million asking price. Earlier this year, he added a Porsche dealership in St. Louis through a Right of First Refusal. Blue figured his dream of being a car dealer was dead, but he continued to buy and sell cars for himself. The estimated Net Worth of Todd M Cleveland is at least $79.8 Million dollars as of 15 August 2022. A member from Atlanta, who had recently bought a portfolio of stores, answered his ad. Established in 2004, Blue Equity is built on a legacy of leadership in business dating back four generations to 1913. 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. Indigo is a member of Actress Age, Biography and Wiki Net worth: $100K - $1M Some Indigo images Famous Quotes: Markets never sleep, and neither does Bloomberg News. In 2010 Blue moved into a 13,000-square-foot Porsche store on the North Freeway, about 2 miles south of the budding Grand Parkway. Todd and his wife, Karen, have three children. McLaren has 24 dealerships in the U.S. and three in Canada. Search our local business directories for 303 N. Indian Canyon Drive, Palm Springs California 92262. Porsche North Houstons Porsche Classic Partner, The Grand Re-Opening of Lamborghini Houston & Rolls-Royce Motor Cars North Houston, Bentley Rancho Mirages All New 2019 Continental GT Event, Porsche Rancho Mirages Panamera Sport Turismo Event, McLaren Rancho Mirages Velocity 720S Event, Porsche North Houstons Grand Opening Event, Aston Martin Rancho Mirage Reveals The New DB11 Volante. read more. In 2015, the company bought and consolidated both Porsche dealerships in St. Louis, and in 2016 bought BMW of Palm Springs. Please Call 020 6681 4300 or Click on me to get INDIGO Paints Authorised Dealership. He is currently a member of the Young Presidents Organization and is chairman of the board of The indiGO Blue Family Foundation, which supports various initiatives. 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 . Join Facebook to connect with Todd Blue and others you may know. 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. 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 . Desert European Motorcars included Porsche, Audi, Jaguar, Rolls Royce, Land Rover, Aston Martin, Maserati, Bentley, and McLaren franchises. After. (Michael Starghill, Jr.), A Porsche decal on the window of an office of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. Though they dont appear to have any business interests in the area at least not yet it seems as though Mr. and Mrs. Blue have decided to make Malibu their primary home base. "We don't just sell cars - we sell a lifestyle," Lawrence said. In addition, he makes $6,585,370 as Chairman and Executive Director at Patrick Industries. Could the new owner be a famous musician? And earlier this year (March 2018), the Blues finally got around to unloading their fully upgraded estate in Kentucky. And when we say own, we include assets that you may still be paying for, such as a car or a house . The connectivity to the dealer body is outstanding. Warren . He shook up the staff and brought annual sales there to 78 vehicles in 2016, up from 12 in his first year. "There's something in the water that is celebratory of the entrepreneur and of businesspeople that take a risk. Blue: Lucky Number: 1: Lucky Stone: Diamond: Lucky Color: Red: Best Match for Marriage: Leo: Social Media; Facebook Profile/Page: Twitter Profile: Instagram Profile: . 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.. Soon, we imagine, the place will be home to an entirely different but probably no less impressive fleet of luxury rides. All of them are located either in Louisville, Houston, or Rancho Mirage. An unabashedly glamorous estate in the Malibu foothills recently transferred for just about 16 million large $15,907,000, to be exact after a bonafide ice age on the market. This TV star has an estimated negative net worth of $5 million as of 2022. Perhaps that is why Mr. Talla rechristened itLa Vie En Rose, also known as the French version of the American idioms looking through rose-colored glasses or everythings coming up roses. Known Addresses for Todd Blue. It is important to find the opening and closing net worth using the same asset value . When he was very young, Blue wanted to be a professional basketball player. I would drive to car dealerships to look around, said Blue. So he began to dream of owning a car dealership. Finally, Porsche approved the acquisition. Following her exit from the show, the singer signed with . Is it doing enough to get dealers ready to sell them? Just kidding. Moving beyond Good Enough business performance, JAMOC LLC acquires Chrysler Dodge Jeep Ram auto dealership in California, Zeigler Auto Group grows its luxury footprint with four-franchise acquisition, Melvin Cooper acquires Mid Bay Chrysler Dodge Jeep Ram auto dealership in California, Melvin Cooper acquires Mid Bay Ford Lincoln dealership in California, Serpentini Auto Group in Ohio acquires three more Chevrolet dealerships, Todd Booth and Gary Mroczek acquire Chevrolet and Buick auto dealership in Nebraska, Vertu Motors auto dealership group in the U.K. acquires four Volkswagen stores from Sytner Group, Europes Hedin Group acquires SeeAll auto dealership group in Switzerland. Lying there in the darkness are his 14 sleeping beastly beauties, each one so cold and immobile yet possessed of so much awesome firepower. 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. (Michael Starghill, Jr.), Todd Blue shows a Porsche 918 Spyder and a Porsche 1600. Blue Equity has since become a leading private equity firm with diversified holdings in a wide-range of industries and real estate. Gen X (ages 40 to 55): $1.9 million. BRAVO to Todd Blue for giving a fantastic interview and sharing his expertise with the automotive industry! What do you know about Tyler and Todd, the YouTube couple? 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 White net worth is estimated at $1 Million dollars. Why? 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. One of Mr. Blues nearest new Malibu neighbors is professional basketball star DeAndre Jordan, who recently plunked down $10 million for a smaller but similar Tuscan-esque estate just a quick skip away. Dealing with the steel mills and rail roads was very similar to dealing with auto manufacturers, said Blue. 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. His criteria were luxury and performance brands in either a Tier One city or a special high net-worth location. A circular motorcourt has parking for 10 vehicles, in addition to the four-car garage. , The garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. Though he didnt have retail experience, some of the executives knew him through his classic cars business. Half of his time spends wearing casual shoes, he also wore formals when going outside. Todd Chrisley: Net Worth, Salary. Todd Thompson net worth: Todd Thompson is an American fashion designer who has a net worth of $8 million dollars. Specifications detailed down to the tile, paint and the Alucobond aluminum exterior panels. Were sure Mr. Goldman wouldnt dream of doing such a silly thing. 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. Although traditionally considered one of seven major spectral colors, its actual position in the . Most of his net worth comes from his contribution to the movies and television industry. Todd Fisher Net Worth. His interest in cars led him to purchase his first dealership Porsche of North Houston in 2010. "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. The estimated Net Worth of Michael Todd Schroepfer is at least $597 Million dollars as of 15 February 2022. Roman Todd 's revenue is $1.6M in 2022. In addition, he makes $21,813,000 as Chief Technology Officer at Meta . 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. He now presides over 11 dealerships in Texas and California all of them luxury nameplates like Lamborghini, McLaren, BMW, and Porsche. 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. We think there is good wisdom at expanding relationships with the brands you currently do business with, Blue said. Todd also became the first in the world to build a Destination Porsche facility (which was built in Palm Springs). 51.5 million families are in this group. 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. She is currently in the headlines due to her upcoming show Growing up with Chrisley. IndiGOs Drive 4 Kids with BMW of Palm Springs from ToddBlue.com on Vimeo. indiGO Auto Group'sFounder & CEO Todd Blue was featured last week in Automotive News. 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. Buggati Houston Chiron Launch Event / Let me tell you, Indigo is one of the most confusing colors out there! Blue Equity, LLC is an independent, private equity firm that invests in enterprises with solid developmental potential. Although the house has a prestigious Winding Way address, it is actually not located on that street its on a different lane entirely. Records do not reveal the exact purchase price, but we gather that Mr. Blue paid approximately $4.5 million for the house in 2014. The Blues have businesses in both Rancho Mirage and Houston, so naturally they keep multi-million-dollar homes in both locations. 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. Red= 29.4%. Porsche North Houston's Grand Opening Event. Indigo White is worth anywhere from $328,000 to $822,000. Watch until the end to find out their monthly . Todd purchased his Porsche 935 (serial #50) - a real absolute unadulterated race car -- in time for his 50th birthday. And the wealthiest residents there tend to congregate together. 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. 2: MAKE CHANGES. An associated email addresses for Todd Blue are toddb***@comcast.net, toddeb***@yahoo.com and more. All of this was incorporated to keep his cars in pristine condition. Now in his early 60s, Mr. Goldmans name probably does not ring a bell with most of yall, but in the exotic car collecting community he has long been well-known some might even say famous. How Carbon by Indigo works. It fit the bill. 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. Founded indiGO Classic cars business budding Grand Parkway answered his ad or a house Porsche of North Houston in.. For, such as a kid, he makes $ 6,585,370 as Chairman and Executive Director Patrick. 101, LOUISVILLE, Houston, or Rancho Mirage LLC is an independent private! Gallery Lofts on EAST Market and Whiskey Row and even importing them from Europe, then selling at!, if you will is discreetly located at the rear of the most confusing colors out there Houston 2010. 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