Choose the right Crunchbase solution for you Start Your Free Trial Thus the fancy, separate $7.3 million garage they have purchased will likely remain just that a garage. Soon, we imagine, the place will be home to an entirely different but probably no less impressive fleet of luxury rides. Or something. His criteria were luxury and performance brands in either a Tier One city or a special high net-worth location. Bill Gates. We want to hear from you! Boom gone, wealth remains, and the highest level of income earners has seen disproportionate growth in recent years. 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. The company was eventually sold to the largest processor of railroad materials in the world, Progress Rail Services Corporation. How old is Todd Blue? CHAIRMAN AND DEALER PRINCIPAL, INDIGO AUTO GROUP, DESERT EUROPEAN MOTORCARS. Since inception, the company has invested in and had success with several business ventures worldwide. A dream garage in every sense, if you will. 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. This design has now become the standard around the world for the Porsche brand and its retail dealerships. 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. 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 []. To date, the initiative has raised nearly $200,000 for childrens charities throughout Texas and California, the two states in which the event has taken place. Beginning in 2000 Todd has lead Cobalt Ventures (which he co-founded). Totally unique, memorable, and it would give this place a nice touch of Germanic austerity. Todd purchased his Porsche 935 (serial #50) - a real absolute unadulterated race car -- in time for his 50th birthday. First Look at the All New Porsche North Houston. The best parts of the estate, however especially for kids are the expansive grounds, which span about 2.7 acres and include numerous outdoor dining options, a 75-foot long infinity pool w/ waterfall feature, a full-size tennis court, and a bocce ball court. The median earner probably aren't the ones fueling the market for luxury cars. The Color tool will provide a solid background color versus a gradient. In his collection we see white, we see black, we see silver. Sometimes you never know whats lurking behind a gate. Then a broker started talking with him about Desert European Motorcars, located in Rancho Mirage, California. The Blues who have four children hail from Louisville, though for the last few years they have primarily resided in Houston, Texas. His interest in cars led him to purchase his first dealership Porsche of North Houston in 2010. Tyler and Todd - Lifestyle, Biography, & Net Worth! Could the new owner be a famous musician? How many McLaren dealerships are there in the US? 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. Buggati Houston Chiron Launch Event / Via Petersen Automotive Museum on YouTube. Why? The $7.325 million purchase price here did not include any of the fancy autos. Todd has been an active member of the Young Presidents Organization (and YPO Gold) since 2003. The most valuable commodity for these kinds of customers is their time. In 2017, he formed a strategic alliance with Pon Holdings of the Netherlands, which has become the companys largest investor. From 80 years of age and forward, the average net worth is $973,141 and the median is $235,193. Back in early 2014, Mr. Talla purchased the property for just $7,060,000. 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. 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. And none of these vehicles are the kind that yall could just walk in and buy off the dealership showroom floors, kids. Facebook gives people the power to share and makes the world. Some months ago, Yolanda called Mr. Talla and begged him to rename the house Brnhilde brennt einFeuer auf dem Dachboden. indiGO Auto Groups Founder & CEO Todd Blue was featured last week in Automotive News. Knowing that our employees, in a confidential survey, would confirm that our dealerships exceed their expectations is a great accomplishment, he said. 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. IndiGO applied that philosophy onward, turning its stores into a customer experience where no buyer is told no. He has beautiful Black eyes that attract the viewer's attention. People that really want the experience are willing to pay for it.. 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. Indigo, a plant that produces a blue dye, was an important part of South Carolina's eighteenth-century economy. He shook up the staff and brought annual sales there to 78 vehicles in 2016, up from 12 in his first year. Yolanda is not sure why the family has bought such a large place in Malibu as far as we can tell, this is easily the most expensive house they own, yet all their business is in Houston and out in the California desert. As indigo is mixed, there are many different shades available, sometimes causing confusion over what the 'true' color is meant to be. Todd Blue, Indigo Auto Group founder and CEO, at the new Lamborghini Houston dealership on I-45 North Friday Oct. 12,2018. She is currently in the headlines due to her upcoming show Growing up with Chrisley. Porsche is on this. ", 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. Indigo was born Alyssa Ashley Nichols in 1984,. Porsche has always been one of the worlds greatest brands, so this was an opportunity I couldnt pass up, Blue said. 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. As for Mr. and Mrs. Goldman, they have now divested themselves entirely of their Point Dume real estate holdings. Find 47 people named Todd Blue along with free Facebook, Instagram, Twitter, and TikTok profiles on PeekYou - true people search. As of February 2023, The estimated net worth of Todd Fisher is approximately $18 million. Although traditionally considered one of seven major spectral colors, its actual position in the . Todd Marinovich. The master suite has a private balcony, ocean views, a fireplace, and a sitting area. Todd Fisher Net Worth. A few years ago, Todd Blue, chairman and CEO of IndiGO Auto Group in Houston, was thinking of acquiring more stores in the Houston area, or at least in Texas. Our Mr. Blue was born into a wealthy family who had long owned a Louisville-based steel mill. He also has a daughter from a previous relationship. 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. Rancho Mirage, adjacent to Palm Springs in the California desert, is a second home for many high-worth individuals. He doesnt believe the multiples anyway. You map (or import) some or all of your field boundaries and enroll in Carbon by Indigo. Porsche North Houston's Porsche Classic Partner. 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. 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. But in his early teens, he realized he didnt have the height or the skill to achieve that dream. In its eighth year as exclusive sponsor, Ally will recognize dealer nominees and their community efforts by contributing $1,000 to each nominees 501(c)3 charity of choice. Since his group encompasses 10 brands, that covers a lot of territory. Todd received the Governor of Kentuckys Economic Development Leadership Award in 2004. 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. (Michael Starghill, Jr.), Todd Blue, owner, and Kelly Wolf, COO, stand on the showroom floor of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. "Desert European is a collection of Porsche, Audi, Jaguar . Top-selling luxury cars for 2017 in the area, Source: TexAuto Facts Report published by InfoNation, "That's a pretty good indicator of what the luxury car market has been and what we anticipate it will be," said Steven Wolf, vice president of Helfman and chairman of the Houston Auto Dealers Association. 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. After successfully unloading one of his own classic rides at a profit, he decided to give the car business a whirl. But then again, theres always the possibility that the new place has a hidden underground lair. 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. He is looking to acquire more stores and stays in touch with brokers and with the manufacturers. It also means paying attention to details such as having illy Espresso in his stores, and Ghirardelli chocolate. 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. From 2010-2020, as Founder and CEO, Todd lead indiGO Auto Group on an unparalleled growth trajectory for over ten years. The property was in escrow within four months and sold, albeit for $7,325,000 a significant 27% discount. Now, when he looks at possible acquisitions he doesnt look at the published multiples for a franchise, Blue told Automotive Buy Sell Report. For someone who did not grow up in the industry, Blue, who always loved sports cars, had an unusual fascination with the automobile industry. 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. Net Worth: $76 B. 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. Mr. Blue is also the owner of Cobalt Ventures, a firm that was once one of Louisvilles biggest real estate developers. (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. What do you know about Tyler and Todd, the YouTube couple? Red= 29.4%. There are meetings scheduled, in a healthy staggered way, between now and the arrival of that vehicle to get dealers ready. Source of wealth: Microsoft. 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. 16,000 crore to Rs. Let me tell you, Indigo is one of the most confusing colors out there! Andfor whatever reason, after more than 15 years of ownership, Mr. Goldman also grew tired of his harem. Todd Blue is on Facebook. In 2018, we have a transition year where [the redesigned] Cayenne doesnt come till the third quarter. (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. According to Mr. Goldman himself,[the facility is]essentially on par with a hospital operating room.. "We have services for the customer where budget is not a factor," Blue said. McLaren Rancho Mirage Velocity 720S Event from ToddBlue.com on Vimeo. 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. That name is nice enough, we guess, albeit a tad generic. The first step is to calculate the net worth of the individual at the start and end of the period. In 2013, he acquired Desert European Motorcars. After. George Washington University BA International Business 1989 1992 Recent News and Activity There is no recent news or activity for this profile. 2: MAKE CHANGES. 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. Porsche took a chance on me in 2010 with a store that had around 40 employees, Blue said. Always passionate about cars, he began hoovering up classic automobiles. Dip the end of the cutting in rooting hormone and plant it in a small pot filled with standard potting mix. A consistent increase . The outsized spread was originally listed way back in November 2016 with a truly ridiculous $27.75 million ask. These quarters are best suited to a live-in security guard or one lucky professional caretaker, Yolanda thinks. Save my name, email, and website in this browser for the next time I comment. The business developed into a thriving regional operation before ownership took the company global by focusing its operations on providing full-service metals recycling and supplies to railroads. Anybody would consider a Mercedes franchise, said Blue. Our sister paper in Houston. indiGO's "best brands, best locations, best people" philosophy goes far beyond the traditional dealership model by providing a more . What does the board of regents hope to accomplish in 2018? 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