David Alan Siegel net worth-David Alan Siegel is an American based businessman and entrepreneur who founded Westgate resorts limited. According to Forbes, David has net worth of $4.9billion as of 2017. Westgate resorts, is one of the largest resort developers in the world and a huge national time share company. He is the CEO of CFI resorts management INC.
and central Florida investments Inc. He has many other business-like insurance, transportation, construction, real state, travel services and hotels. Seigel also owns an arena football team named as Orlando Predators. He also bought Las Vegas hotel and cocoa beach pier. David Seigel was one of the founders of mystery fun house which was opened in march 28,1976 in Orlando, Florida.
Biography & Wiki David Alan Siegel was born in a Jewish family on May 3 rd 1935 to Sidney and Saddle Siegel in Chicago, Florida. Siegel grew up in Miami Florida and completed his graduation from university of Miami in marketing and management before dropping out.Siegel married to Geraldine Florence Sanstrom in march 2016. They were blessed with three children. The couple got divorced in 1968. In 1970 he got married to Betty Tucker but the marriage doesn’t last long and got divorced in 1997. Finally, in 1998 he found the love of his life Jackie and the couple got engaged in the same year.CareerHe had a great career in politics.
In the year 2000 David Alan Siegel battled for George W. Bush. David Alan Siegel sent an email to his workforces During the 2012 United States elections and hence created a huge disagreement and sort of a public discussion, conveying that they poll for Mitt Romney who was actually a Republican Party contender or else siegal has to take serious measures (inclusive of dismissing on his company’s human resources). In the year 2015, it was acclaimed that his company had literally done a lot better and accomplished the finest year in the history and hence Siegel hiked $10 an hour minimal wage of his company.Awards and achievements-In the year 2012 The Queens of Versailles by Lauren Greenfield was an award winning american documentary film.
David Siegel along with Jackie Siegel, both the Westgate Resorts owners was seen in the film, and their family as they endeavor to construct an enormous and most costly single family house in the united states that is the Versailles house.To keep the ownership of Westgate’s Las Vegas high-rise resort which was brought by him last year, the PH Towers Westgate, the film also shows Siegel’s failure and hard work. Richard, the senior Westgate executive and Siegel’s son, is recited as saying that David Alan Siegel’s firmness of purpose not to lose the Ph Tower was a crucial source of the company’s financial problems in 2009-11. A majority of the stock of a business in the property was sold to Resort Finance America LLC on November 22, 2011.
Net worth- David Alan Siegel (Timeshare king), 81, is the richest person in Orlando with a whopping net worth of $4.9 billion, according to an article by Forbes. David Alan Siegal is the richest person among the America’s 50 biggest cities.He is CEO of Westgate Resorts timeshare company which he founded in the year 1982. Apart from this he owned the Las Vegas hotel in 2016 and owns a football team and many other franchises.
Conclusion- David siegal has always dreamed of living a life in king size and hence started off his journey through failures but he kept working hard. Now he has earned a huge amount of money throughout his life. He is literally a man of value.