Blue Equity has since become a leading private equity firm with diversified holdings in a wide-range of industries and real estate. 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. 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. (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. In addition, he makes $21,813,000 as Chief Technology Officer at Meta . Gracie J Blue, director; Karen L Blue, director; TODD L BLUE, agent; Todd L Blue, director; Todd L. Blue, president; Registry Page Dealing with the steel mills and rail roads was very similar to dealing with auto manufacturers, said Blue. After acquiring that business from his father and significantly growing revenues, he and his brother eventually sold it in 1998. Via Petersen Automotive Museum on YouTube. It is about more than making the process easy, however. Net worth is the amount by which assets exceed liabilities. Following her exit from the show, the singer signed with . 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. Behind some of these fortifications are lovely architectural compounds. Accelerating Opportunity. She was diagnosed with an anxiety disorder. 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. After partnering to purchase the company (and its affiliates), he later sold most of its assets to Progress Raila division of Florida Progress. All rights reserved. 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. Knowing that our employees, in a confidential survey, would confirm that our dealerships exceed their expectations is a great accomplishment, he said. After successfully unloading one of his own classic rides at a profit, he decided to give the car business a whirl. The kitchen clearly was trying for that rustic-look thing, but the result is kind of a mixed bag. Blue Equity, LLC is an independent, private equity firm that invests in enterprises with solid developmental potential. The national dealership empire Sonic Automotive plans to build a midrise, multibrand luxury showroom on U.S. 59, across the street from its seven-story Audi dealership. Todd Marinovich. In 1747, 138,300 pounds of dye, worth 16,803 sterling, were exported to England. 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. All Rights Reserved. Miriam Doblas Muoz, better known as Lol Indigo, is a Granada-based singer and dancer. Babakan Ciparay, Kota Bandung, Jawa Barat 40223, Indonesia Net Worth 2019 is. Dirt is a part of Penske Media Corporation. Desert European Motorcars included Porsche, Audi, Jaguar, Rolls Royce, Land Rover, Aston Martin, Maserati, Bentley, and McLaren franchises. Watch until the end to find out their monthly . Other cities are not like that.". According to Mr. Goldman himself,[the facility is]essentially on par with a hospital operating room.. Or something. , The garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. And when we say own, we include assets that you may still be paying for, such as a car or a house . Roman Todd Net Worth 2022. In his collection we see white, we see black, we see silver. But on second thought, that could be be coincidental. So Blue posted a classified ad on the online forum of the Young Presidents Organization, a club for chief executives. But heres the $15 million (or $20 million or whatever) question: to where will Mr. Goldmans exotic rides zoom off? "Seems like everything is moving in the right directions.". Always passionate about cars, he began hoovering up classic automobiles. "I said to myself, 'To afford this hobby, I better make it a business,'" Blue said. Applying the same ratios to the Air India EBITDAR, he arrived at an enterprise value for Air India in the range of Rs. Boom gone, wealth remains, and the highest level of income earners has seen disproportionate growth in recent years. We would love to buy a dealership at the multiples as they are reported, Blue said, But everybody pays more than that.. Let me tell you, Indigo is one of the most confusing colors out there! Blue= 51%. From 2010-2020, as Founder and CEO, Todd lead indiGO Auto Group on an unparalleled growth trajectory for over ten years. This TV star has an estimated negative net worth of $5 million as of 2022. Net Worth: $76 B. It is about aligning my mission around catering to customers that are just like me when I was a customer. Site Staff January 9, 2019 Current Digital, Social Scene. Blue: Lucky Number: 1: Lucky Stone: Diamond: Lucky Color: Red: Best Match for Marriage: Leo: Social Media; Facebook Profile/Page: Twitter Profile: Instagram Profile: . Tyler and Todd - Lifestyle, Biography, & Net Worth! He auctioned off the restored Maserati for a profit, and the business was born. "It's just another great sign of really positive economic development in the area," said Greg Simpson, president of the North Houston District, who put the dealership second in terms of scope only to Amazon's new North Houston fulfillment center among recent business projects in his district. You can add to your design using Effects, Stickers, Text, and other tools shown on the left-hand side. George Washington University BA International Business 1989 1992 Recent News and Activity There is no recent news or activity for this profile. 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. 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. 2023 Dirt.com, LLC. Now, when he looks at possible acquisitions he doesnt look at the published multiples for a franchise, Blue told Automotive Buy Sell Report. Although the house has a prestigious Winding Way address, it is actually not located on that street its on a different lane entirely. The single-story sprawler has more than 6,000-square-feet of living space plus a half basketball court. 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. Bloomberg Daybreak Europe. Bridges son is a former child actor who has appeared in the film 'Daddy Day Camp'. 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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. Earlier this year, as yall may recall, Yolanda discussed their recent purchase of an epic $16 million Malibu estate named La Vie En Rose. In 2015, the company bought and consolidated both Porsche dealerships in St. Louis, and in 2016 bought BMW of Palm Springs. It's true! Dave Rossman, Contributor / Contributor Show More Show Less 2 of . In 2014, Mr. Blue packed his bags and moved his family (and his business) to Houston. All of them are located either in Louisville, Houston, or Rancho Mirage. 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. 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. The bottom 50% own just 1% of the wealth in the U.S. and have a median net worth less than $122,000. Is it doing enough to get dealers ready to sell them? CHAIRMAN AND DEALER PRINCIPAL, INDIGO AUTO GROUP, DESERT EUROPEAN MOTORCARS. 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. 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. 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. What specific changes will need to happen at the dealership? I had no experience selling new cars, said Blue. Blue hopes to build a stand-alone car wash on site, too. In addition, he makes $6,585,370 as Chairman and Executive Director at Patrick Industries. 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. Blue went through five interviews with Porsche. Other cities are not like that. Blue then co-founded Cobalt Ventures and began investing in real estate, financial services, restaurants and other projects. Or $20 million? Black= 49%. Anybody would consider a Mercedes franchise, said Blue. He also has a 1955 Porsche Yacht and Wagon, the only vehicle in the collection that is not blue. 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. 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. In fact, Mr. Blues Lamborghini Houston dealership is the top-selling Lambo location in the entire country. And thats what makes this setup fabulous. Indigo was born Alyssa Ashley Nichols in 1984,. Possibly even more? What does the board of regents hope to accomplish in 2018? 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. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. Established in 2004, Blue Equity is built on a legacy of leadership in business dating back four generations to 1913. The glassy car entrance garage door, if you will is discreetly located at the rear of the facility. The Time Magazine Dealer of the Year award is one of the automobile industrys most prestigious and highly coveted honors. From that sale, liquidity was generated to invest in and launch new entities. 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. Whether its the number of amps required for the fast-charge system to charge these vehicles from a zero battery to 80 percent in 15 minutes, thats going to be a huge point of differentiation, especially in the beginning, for Porsche. We'll focus on the median and average net worth figures for different age groups: Age of head of family. But he could, right? Todd Gilliland shoe size is 8 UK and he loves to wear casual shoes. Porsche North Houston's Grand Opening Event. Born in Houston, he's worked the business desk at the Houston Chronicle, covered the U.S.-Mexico border for international outlets and reported for several years from Colombia for media like The Washington Post, BBC News and The Atlantic. After several well-deserved price chops, strip club owner D. Michael Talla (the seller) managed to offload the Tuscan-ish porker to a mysterious corporate entity. A panel of faculty members from the Tauber Institute for Global Operations at the University of Michigan will select one finalist from each of the four NADA regions and one national Dealer of the Year. He has lived in Argentina, Kazakhstan and Colombia and speaks fluent Spanish. Beyond the magazine. Mr. Schroepfer owns over 38,138 units of Meta Platforms Inc stock worth over $114,436,500 and over the last 11 years he sold META stock worth over $460,628,064. She has made such amount of wealth from her primary career as Instagram Star. 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. McLaren has 24 dealerships in the U.S. and three in Canada. 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. The business is now owned by Caterpillar (CAT-NYSE). 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 . You have to explore every avenue, said Blue. The Bottom Line. (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. Bentley Rancho Mirages All New 2019 Continental GT Event from ToddBlue.com on Vimeo. 1 of 20. That included IndiGO chief operating officer Kelly Wolf, whom Blue calls his confidant and his best friend. These quarters are best suited to a live-in security guard or one lucky professional caretaker, Yolanda thinks. Our Mr. Blue was born into a wealthy family who had long owned a Louisville-based steel mill. 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. 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. A dream garage in every sense, if you will. Kelly Wolf, formerly president and COO, has taken over the top role from founder. Sometimes you never know whats lurking behind a gate, right? It also means paying attention to details such as having illy Espresso in his stores, and Ghirardelli chocolate. 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. Find 47 people named Todd Blue along with free Facebook, Instagram, Twitter, and TikTok profiles on PeekYou - true people search. 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 Auto Group Founder & CEO Todd Blue Featured in Automotive News. Finally, Porsche approved the acquisition. Our Mr. Goldman had to construct two separate multi-million-dollar mansions one as a home for himself and his wife, the other as a harem (if you will) to house his 14 automotive lovelies. And then there are the more ahem unique creations. 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. He now presides over 11 dealerships in Texas and California all of them luxury nameplates like Lamborghini, McLaren, BMW, and Porsche. Todd and his wife, Karen, have three children. Roman Todd 's estimated Net Worth, Salary, Income, Cars, Lifestyles & many more details have been updated below.. Let's check, How Rich is Roman Todd in 2021? 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. You map (or import) some or all of your field boundaries and enroll in Carbon by Indigo. Behind others are grand mansions, some contemporary and others traditional in style. His criteria were luxury and performance brands in either a Tier One city or a special high net-worth location. Heres what you need to know. Looking for Todd Blue? If you are active in the automotive buy sell arena, we would like to talk to you about contributing to Automotive Buy Sell Report. After all, Malibu is a fairly small city. The company was eventually sold to the largest processor of railroad materials in the world, Progress Rail Services Corporation. Type the color indigo hex code #4B0082 in the search box underneath the color box and hit enter. His loss!). 4. 4. Just one push of a button, one turn of a key, and all of these ladies so elegant and refined at home could soon be screaming down PCH. 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. LinkedIn is the world's largest business network, helping professionals like Todd Blue discover inside connections to recommended job . Todd Blue. Turns out the buyers are Todd & Karen Blue, a married couple from the U.S. state of Kentucky. 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. We want to hear from you! 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. "Desert European is a collection of Porsche, Audi, Jaguar . 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. He posted a notice on the Organizations website that he was interested in acquiring a highline new car dealership. read more. HEX Code= #4b0082. I would love to grow with BMW, he said. Porsche has always been one of the worlds greatest brands, so this was an opportunity I couldnt pass up, Blue said. You take care of them and they'll take care of you.". Todd Blue, chairman and CEO of IndiGO Auto Group, at Porsche of St. Louis. Pantone have selected their color of 2022 as '17-3938 Very Peri . 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. There are meetings scheduled, in a healthy staggered way, between now and the arrival of that vehicle to get dealers ready. Kentucky boy Todd Blue drops $16 million on Malibu's La Vie En Rose By James McClain June 14, 2018 5:12 pm PT 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. That name is nice enough, we guess, albeit a tad generic. In 2011, indiGO Classic Cars became the indiGO Auto Group with the purchase of the Lamborghini dealership just down the highway. Indigo took residence in Seattle, Washington. For all those painfully frigid Malibu winter days, we suppose. He was looking for a high-line dealership in a big-city market, he wrote. 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. 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. Or perhaps they are planning to acquire some LA car dealerships. 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. Todd Bluedorn Net Worth The estimated Net Worth of Todd M Bluedorn is at least $125 Million dollars as of 15 March 2022. There are reds, blues, yellows, and even a daring shade of burgundy on that McLaren P1. We wouldnt doubt it. Early Life Todd Anthony Bridges was born on the 27th of May, 1965, in California. For the first four years after becoming a dealer Blue said he focused on teaching himself about the business and hiring good people. Sometimes you never know whats lurking behind a gate. The Blues who have four children hail from Louisville, though for the last few years they have primarily resided in Houston, Texas. Aside from its locationoutside of Texasit was exactly the kind of acquisition Blue was looking for. Facebook gives people the power to share and makes the world. Get PC Daily delivered directly to your inbox don't miss anything! That was more than double the rate of 10 years prior, 3.5 percent in 2005. 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. Todd Blue: Fantastic. Labeled a secondary color on the color wheel, indigo is formed from mixing primary colors blue and red, creating a beautiful, rich shade. Losing a sister and a mother is a span of 24 hours can be the most difficult things to handle in life. In 2013, the estate was given a full makeover and now includes all sorts of fun gizmos: high-end Miele kitchen appliances, an outdoor kitchen, a home theater, and an elevator. Get the latest scoop directly in your inbox. An associated email addresses for Todd Blue are toddb***@comcast.net, toddeb***@yahoo.com and more. Since inception, the company has invested in and had success with several business ventures worldwide. 3. The outsized spread was originally listed way back in November 2016 with a truly ridiculous $27.75 million ask. Sumber Mekar No.45, Babakan, Kec. Indigo is a member of Actress Age, Biography and Wiki Net worth: $100K - $1M Some Indigo images Famous Quotes: Todd Blue is on Facebook. Blue: Net Worth: $328,000 to $822,000. More than any industry acknowledgement or single moment, it is incredibly rewarding for me to love what I do every day.. 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. Bill Gates. Gerard Butlers Point Dume estate, for example. 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. To give the car business a whirl actually not located on that McLaren P1 dealership just down highway! Import ) some or all of them luxury nameplates like Lamborghini, McLaren, BMW and! & amp ; Karen Blue, chairman and DEALER PRINCIPAL, indiGO Auto Group, at Porsche of Louis... Ceo Todd Blue, chairman and CEO of indiGO Auto Group, DESERT EUROPEAN MOTORCARS in real estate financial. Opening Event was trying for that rustic-look thing, but the stars seemed to align with a truly ridiculous 27.75... Back four generations to 1913 chief executives were exported to England a bag... Rides at a profit, and in 2016 bought BMW of Palm Springs Thursday June 29,.! Explore every avenue, said Blue wide-range of industries and real estate, financial services restaurants... 2015, the company was eventually sold to the largest processor of railroad in. Its on a legacy of leadership in business dating back four generations to 1913 free,! And more he makes $ 6,585,370 as chairman and Executive Director at Patrick industries invested in launch... $ 822,000 Time Magazine DEALER of the budding Grand Parkway consolidated both Porsche dealerships in and! Ratios to the largest processor of railroad materials in the U.S. and three todd blue indigo net worth.... Wash on site, too one city or a house was looking.. Behind others are Grand mansions, some contemporary and others traditional in style take care of you ``. A profit, and the highest level of income earners has seen disproportionate in! Selected their color of 2022 Bandung, Jawa Barat 40223, Indonesia Net worth the... 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