todd blue indigo net worth

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We form partnerships with existing management teams to leverage the collective expertise of all involved. In late 2013, they paid $2,700,000 for a Tuscan-style thing in a guard-gated Rancho Mirage community. Although we have no inside intel on the matter, Yolanda rather suspects that the car-collecting Blues do not find the four-car garage on their estate commodious enough for their automotive needs. Knowing that our employees, in a confidential survey, would confirm that our dealerships exceed their expectations is a great accomplishment, he said. In the late 1990s, his people sold off the family business and young Mr. Blue was left with a lot of money but no gainful employment. Copyright 2005-2023 Blue Equity. Todd Blue has been involved in major real estate projects, including Mercantile Gallery Lofts on East Market and Whiskey Row. If you are active in the automotive buy sell arena, we would like to talk to you about contributing to Automotive Buy Sell Report. In addition to the garage itself, which can hold 25+ exotic vehicles. Porsche always builds one less car than there is demand.". Rancho Mirage, adjacent to Palm Springs in the California desert, is a second home for many high-worth individuals. He auctioned off the restored Maserati for a profit, and the business was born. During his tenure as Dealer Principal, multiple franchises for Audi, Jaguar, Land Rover, Lamborghini, Rolls-Royce, McLaren and single points for Aston Martin, Bentley, BMW as well as four Porsche dealerships were acquired in Houston, St Louis as well as Rancho Mirage, Palm Springs, Riverside and Marin County, California. Dealership points were awarded for Porsche in San Francisco, Little Rock Arkansas as well as Ferrari in St Louis. As the only dealer in the selected by Porsche to do so, Todd served on the design committee as Destination Porsche (Porsches future design for it retail dealerships around the globe) was conceived. "I thought, clearly he's a dreamer. In 2018, we have a transition year where [the redesigned] Cayenne doesnt come till the third quarter. It's true! It started with a 1976 limited edition Bicentennial Cadillac El Dorado and a 1969 Maserati Ghibli Spyder, and Blue paid a variety of specialty shops to restore the engines, the bodies and the interiors. The front entryway is meant to impress with a double staircase and a small sitting area, and the grand entrance hall leads to the stone-floored living room, which features rows of French doors overlooking the backyard and the ocean out yonder. Baddour holds bachelor's degrees in journalism and Latin American studies from the University of Texas at Austin. Originally built in 1992, the house was extensively renovated by Mr. Talla. Kelly Wolf, formerly president and COO, has taken over the top role from founder. They said, we have no reason to approve you, but we have a good feeling about you, said Blue. Get the latest scoop directly in your inbox. So he began to dream of owning a car dealership. The business is now owned by Caterpillar (CAT-NYSE). Established in 2004, Blue Equity is built on a legacy of leadership in business dating back four generations to 1913. We are making more than just baby steps toward electrification, which is going to be a revolutionary thing for this company and the industry. Specifications detailed down to the tile, paint and the Alucobond aluminum exterior panels. In 2009, Blue was approached to purchase Porsche of North Houston in Texas. The private-jet-chartering company named after the airline in the 1987 film "Wall Street" is quietly going out of business after 16 years. 4. Over that same period, Houston's median household income grew 30 percent to just $56,629, and the largest single income block remained those earning between $50,000 and $75,000, constituting about 17.5 percent of county earners in both 2005 and 2015. Education Todd Blue studied at George Washington University. 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. 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. 16,000 crore to Rs. (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. And the wealthiest residents there tend to congregate together. The glassy car entrance garage door, if you will is discreetly located at the rear of the facility. A phone number associated with this person is (702) . Who: Neimans GM Bob Devlin, Debbie Festari, Leisa Holland Nelson, Ralph Birch, Heather Aldis, Todd Freed, Janet and John Carrig, Laurie and Tracy Krohn, Shelly and Steve Kelly of Kelly-Tooke handbags, Ursaline Hamilton, Courtney Hopson and Jen and Matt Bruce. 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 Fisher Net Worth. Always passionate about cars, he began hoovering up classic automobiles. He considers what he can do with a store. Search our local business directories for 303 N. Indian Canyon Drive, Palm Springs California 92262. Porsche has always been one of the worlds greatest brands, so this was an opportunity I couldnt pass up, Blue said. How many McLaren dealerships are there in the US? They told me, Dont make us look bad, he said. 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. Blue founded indiGO Classic Cars in 2006, buying rides and even importing them from Europe, then selling them at auction. But lurking behind all that steel and wood is a strangely squat 7,000-square-foot structure with an industrial-looking edifice. Todd Chrisley: Net Worth, Salary. 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. Or perhaps they are planning to acquire some LA car dealerships. The Blues have businesses in both Rancho Mirage and Houston, so naturally they keep multi-million-dollar homes in both locations. Blue then co-founded Cobalt Ventures and began investing in real estate, financial services, restaurants and other projects. Our Mr. Goldman caresses every rakish fender, gently fingers every crevice on their bodies until dawn begins to illuminate their sinewy sheetmetal. Babakan Ciparay, Kota Bandung, Jawa Barat 40223, Indonesia This design has now become the standard around the world for the Porsche brand and its retail dealerships. What major issues do Porsche dealers face? 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. 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. Get PC Daily delivered directly to your inbox don't miss anything! Anybody would consider a Mercedes franchise, said Blue. 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. The company was eventually sold to the largest processor of railroad materials in the world, Progress Rail Services Corporation. Porsche is on this. Please Call 020 6681 4300 or Click on me to get INDIGO Paints Authorised Dealership. 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. You can add to your design using Effects, Stickers, Text, and other tools shown on the left-hand side. 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. there is also a small, loft-like living space above the garage. We thought so too. 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. After working in metals trading in Chicago for almost three years, following his graduation in 1992, Blue joined his familys business in Kentucky in 1994. 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. Todd sold indiGO to Pon and retired from indiGO in 2020. Todd Blue. George Washington University BA International Business 1989 1992 Recent News and Activity There is no recent news or activity for this profile. Beginning in 2000 Todd has lead Cobalt Ventures (which he co-founded). 6 Facts On Indigo White That Might Surprise You! Via Petersen Automotive Museum on YouTube. (Michael Starghill, Jr.), Todd Blue, owner of a brand new flagship Porsche dealership, talks on the phone Thursday June 29, 2017. Buggati Houston Chiron Launch Event / Is it doing enough to get dealers ready to sell them? Sometimes you never know whats lurking behind a gate. In 2013 came the opportunity to acquire Desert European Motorcars. In his collection we see white, we see black, we see silver. I would love to grow with BMW, he said. (Surprisingly, we never heard back from Mr. Talla. An associated email addresses for Todd Blue are toddb***@comcast.net, toddeb***@yahoo.com and more. Finally, Porsche approved the acquisition. In addition, he makes $6,585,370 as Chairman and Executive Director at Patrick Industries. Blue hopes to build a stand-alone car wash on site, too. Get the latest scoop directly in your inbox. And Blue, the 48-year-old CEO of indiGO Auto Group, envisions greater growth ahead. Pantone have selected their color of 2022 as '17-3938 Very Peri . Cobalt developed many condos and office buildings around Mr. Blues hometown. 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. I had a lot of questions about his plan," said Wolf, 39, and now the chief operating officer of indiGO. All of them are located either in Louisville, Houston, or Rancho Mirage. 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. Your email address will not be published. Nonetheless, the deal got done. 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. What does the board of regents hope to accomplish in 2018? Bravo! In addition, he makes $21,813,000 as Chief Technology Officer at Meta . Find 47 people named Todd Blue along with free Facebook, Instagram, Twitter, and TikTok profiles on PeekYou - true people search. A lot of my business model is based on passion and love for these brands, Blue told Automotive Buy Sell Report. 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. Cobalt was a strategic investor in multiple industries such as restaurants, financial services, publishing, events, and urban real estate development. Todd Blue: Fantastic. From 2010-2020, as Founder and CEO, Todd lead indiGO Auto Group on an unparalleled growth trajectory for over ten years. Indigo is a member of Actress Age, Biography and Wiki Net worth: $100K - $1M Some Indigo images Famous Quotes: 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. In 2011, indiGO Classic Cars became the indiGO Auto Group with the purchase of the Lamborghini dealership just down the highway. This directory covers Todd Blue Known Addresses for Todd Blue. INDIGO BLUE FAMILY FOUNDATION, INC. Todd Blue, chairman and CEO of IndiGO Auto Group, at Porsche of St. Louis Aside from its location-outside of Texas-it was exactly the kind of acquisition Blue was looking for. Facebook gives people the power to share and makes the world. 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. All Rights Reserved. "There's something in the water that is celebratory of the entrepreneur and of businesspeople that take a risk. Blue tapped another local luxury auto insider, Zack Lawrence, as general manager. The collective expertise of all involved many high-worth individuals News and Activity there is demand. `` for high-worth! 2009, Blue said Cobalt was a strategic investor in multiple Industries such as,... In the US told me, Dont make US look bad, he said celebratory of the entrepreneur of... American studies from the University of Texas at Austin do with a store involved! Leverage the collective expertise of all involved so this was an opportunity I couldnt up! And COO, has taken over the top role from founder and more them at auction existing management to! 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todd blue indigo net worth