IndiGo Auto Group, a Houston-based luxury automotive dealership group, has found its new CEO within its own ranks. Get more of Dallas top restaurant, real estate, society, fashion and art in your news feed. He also spent two years investigating armed groups in Latin America for the global security department at Facebook before returning to Texas journalism. Dylan Baddour is a reporter for Inside Climate News covering the energy sector and environmental justice in Texas. indiGO's "best brands, best locations, best people" philosophy goes far beyond the traditional dealership model by providing a more . Todd Blue Under the LAPIS brand, Todd leads a diversified portfolio of companies which includes automotive and real estate. 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 boon of being well-to-do is that one can afford to indulge ones passions in ways mere financial mortals cannot. Knowing that our employees, in a confidential survey, would confirm that our dealerships exceed their expectations is a great accomplishment, he said. 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. His interest in cars led him to purchase his first dealership Porsche of North Houston in 2010. Always passionate about cars, he began hoovering up classic automobiles. "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. Bravo! He now presides over 11 dealerships in Texas and California all of them luxury nameplates like Lamborghini, McLaren, BMW, and Porsche. Black= 49%. IndiGO Auto Group was founded in 2010 with the Porsche store. Andfor whatever reason, after more than 15 years of ownership, Mr. Goldman also grew tired of his harem. It is there, in Houston, where Mr. Blues business interests are headquartered. 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. Other cities are not like that. 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. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. As of February 2023, Todd Bridges' net worth is estimated to be roughly $250 Thousand. 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. 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. 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. All Rights Reserved. Porsche North Houston's Porsche Classic Partner. 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. PAPERCITY 2023 urban publishers, inc. all rights reserved terms & condition // privacy policy // sitemap, What: Dec My Room Spring Into Fashionfundraiser. Naturally Yolanda was curious as to the identity of the new owner(s), and what his/her/their intentions were for the property. 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. After. there is also a small, loft-like living space above the garage. But he set his sights on a storefront. You add new practices that may increase soil carbon and reduce emissions on your farm, with agronomic support from Indigo. Sometimes you never know whats lurking behind a gate, right? Required fields are marked *. 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. Wishful thinking? "We don't just sell cars - we sell a lifestyle," Lawrence said. 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. We form partnerships with existing management teams to leverage the collective expertise of all involved. 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 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? They told me, Dont make us look bad, he said. "If I hadn't taken that chance, I'd have regretted it forever.". Net Worth 2019 is. Net worth totals vary by education, age, income and other factors. But he could, right? From 2010-2020, as Founder and CEO, Todd lead indiGO Auto Group on an unparalleled growth trajectory for over ten years. 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. Green= 0%. Babakan Ciparay, Kota Bandung, Jawa Barat 40223, Indonesia Beginning in 2000 Todd has lead Cobalt Ventures (which he co-founded). 4. But things are in good balance with the product mix. Desert European Motorcars included Porsche, Audi, Jaguar, Rolls Royce, Land Rover, Aston Martin, Maserati, Bentley, and McLaren franchises. Known Addresses for Todd Blue. Todd Rome, Blue Star's president, is now . We think there is good wisdom at expanding relationships with the brands you currently do business with, Blue said. Mr. Cleveland owns over 40,000 units of Patrick Industries stock worth over $7,623,815 and over the last 15 years he sold PATK stock worth over $65,621,839. 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. Source of wealth: Microsoft. Send us a tip using our anonymous form. 1 of 20. In 2006, Mr. Blue founded indiGO Auto Group, and began acquiring luxury automotive dealerships in Houston, Texas and in the desert resort areas ofRiverside County, California. The middle 40% of U.S. families own 22% of the wealth. That included IndiGO chief operating officer Kelly Wolf, whom Blue calls his confidant and his best friend. Todd Marinovich. We thought so too. Todd has been an active member of the Young Presidents Organization (and YPO Gold) since 2003. After successfully unloading one of his own classic rides at a profit, he decided to give the car business a whirl. Blue then co-founded Cobalt Ventures and began investing in real estate, financial services, restaurants and other projects. 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, have been posted and revered on online car lover forums, with an even-steven $10 million asking price, discussed their recent purchase of an epic $16 million Malibu estate named, 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, Michael Milkens Son Asks $64 Million for Longtime Palisades Home, New York Hedge Funder Lands Classic Santa Monica Home. (Very) loosely translated, it reads The princess burns an everlasting flame in the attic., Pretty awesome, right? Porsche took a chance on me in 2010 with a store that had around 40 employees, Blue said. Losing a sister and a mother is a span of 24 hours can be the most difficult things to handle in life. In 2017, he formed a strategic alliance with Pon Holdings of the Netherlands, which has become the companys largest investor. Blue, 49, was chosen to represent the California New Car Dealers Association in the national competition one of only 51 auto dealers nominated for the 50th annual award from more than 16,000 nationwide. He oversaw an expansion that led the companys transformation into one of the largest suppliers to railroads, while also adding a railcar leasing entity. 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. 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. 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. The company sticks with Porsche as an anchor tenant when it starts in a new city, Blue said, because Porsche "has found the perfect equilibrium between supply and demand. He shook up the staff and brought annual sales there to 78 vehicles in 2016, up from 12 in his first year. We would love to buy a dealership at the multiples as they are reported, Blue said, But everybody pays more than that.. It also means paying attention to details such as having illy Espresso in his stores, and Ghirardelli chocolate. Baddour holds bachelor's degrees in journalism and Latin American studies from the University of Texas at Austin. He was looking for a high-line dealership in a big-city market, he wrote. Todd Blue, chairman and CEO of IndiGO Auto Group, at Porsche of St. Louis. McLaren has 24 dealerships in the U.S. and three in Canada. Earlier this year, he added a Porsche dealership in St. Louis through a Right of First Refusal. In 2018, we have a transition year where [the redesigned] Cayenne doesnt come till the third quarter. You have to explore every avenue, said Blue. For all those painfully frigid Malibu winter days, we suppose. And the wealthiest residents there tend to congregate together. Net Worth: $76 B. She owned Havanese dogs named Soul and Miso. Cruise around Point Dume perhaps Malibus most star-studded neighborhood and youre greeted by the outer defenses of large estates, extravagant properties shielded from the public behind towering walls and hedges. Several of the vehicles are worth seven figures easily and the total value of the collection is probably $15 million. After all, Malibu is a fairly small city. Here's the net worth each generation says you need to be considered wealthy in 2021: Millennials (ages 24 to 39): $1.4 million. They said, we have no reason to approve you, but we have a good feeling about you, said Blue. 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. In addition, he makes $21,813,000 as Chief Technology Officer at Meta . 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 . He has beautiful Black eyes that attract the viewer's attention. 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. And when we say own, we include assets that you may still be paying for, such as a car or a house . Find 47 people named Todd Blue along with free Facebook, Instagram, Twitter, and TikTok profiles on PeekYou - true people search. Rather, it was down the hill and around the corner. Working in the scrap metal business was in some ways good preparation for being a car dealer, said Blue. 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. Bridges son is a former child actor who has appeared in the film 'Daddy Day Camp'. Being in the automotive industry was a childhood dream of mine, Blue said. 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. All of this was incorporated to keep his cars in pristine condition. Gen X (ages 40 to 55): $1.9 million. She has made such amount of wealth from her primary career as Instagram Star. Now wholly owned by Pon Holdings of the Netherlands, indiGO Auto Group, which was founded by current CEO Todd Blue, has created the most inspiring luxury retail automotive destinations in the industry. Todd Blue: Fantastic. Anyway, the Goldmans relocated to a different house in Malibu a few years back and sold off their Point Dume residence. Blue was nominated by Brian Maas, president of the California New Car Dealers Association. (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. The 10,135-square-foot house packs in 5 beds and 8 baths, just enough for the six-member Blue clan. In 2013 came the opportunity to acquire Desert European Motorcars. Your fresh start is here. The property was in escrow within four months and sold, albeit for $7,325,000 a significant 27% discount. You need a culture of yes, he said. Thats part of why we enjoy writing about high-end real estate every custom-built property tells a unique, occasionally offbeat story about the personalities and quirks of its owners. Finally, Porsche approved the acquisition. Todd Blue has had 1 past job as the Founder & CEO at indiGO Auto Group. 1. How Carbon by Indigo works. In the example, we've denoted them as current net worth (NWc) and past net worth (NWp). INDIGO BLUE FAMILY FOUNDATION, INC. 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. Gerard Butlers Point Dume estate, for example. 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. Cobalt developed many condos and office buildings around Mr. Blues hometown. A Different Kind of Luncheon | Benefiting Clayton Dabney for Kids With Cancer, Mark Flood- A Guide for Nude Investors Gallery Show Opening Reception, Opening Reception: Ann Stautberg and Frank X. Tolbert, Highland Park Villages 2023 Guide to the Best Valentines Day Gifts, The Best Holiday Gifts for Everyone On Your List from Highland Park Village, Partners Card Picks at Highland Park Village Discounts on Brands That Rarely (If Ever) Go On Sale, Stunning Fall Finds at Highland Park Village Get a Fresh Look This Fall, Highland Park Villages Ultimate Mothers Day Gift Guide for Every Kind of Mom, Spring Has Sprung at Highland Park Village With A Fresh (And Floral) New Lookbook. Its rattlesnake season in Texas. Our boy is an auto dealership magnate who owns at least ten facilities across the country, all of them selling luxury nameplates Porsche, Bentley, Lamborghini, BMW, McLaren, Aston Martin and the like. 3: RECORD DATA. Get the latest scoop directly in your inbox. Engines wailing, tires smoking, exploring every primal urge, devouring every innocent Honda and Suzuki in their path. What is Indigo White Net Worth? As a kid, he watched as auto plants sold scrap steel to be melted down at his family mill. 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. This design has now become the standard around the world for the Porsche brand and its retail dealerships. First Look at the All New Porsche North Houston. 4. 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. For the first four years after becoming a dealer Blue said he focused on teaching himself about the business and hiring good people. Join Facebook to connect with Todd Blue and others you may know. For some reason this room has not one but two giant fireplaces. 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