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What is Hospitality Entrepreneur’ David Grutman Net Worth 2019?

What is Hospitality Entrepreneur’ David Grutman Net Worth 2019?

David Grutman is an American businessman as well as a hospitality entrepreneur who is most famous for his nightclubs LIV and STORY. Also, he has a wealthy personality when it comes to partying and clubbing, and living a lavish lifestyle.

David has come to the paparazzi because of his handwork and dream for money. Also, he owns Komodo lounge, Story, and LIV nightclubs, which are in Miami. Today let’s talk more about his net worth, house, car collection, and many more.

How much is David Grutman Net Worth 2018/2019?

David Grutman Net Worth & Salary: David Grutman has a total estimated net worth of over millions and billions of dollars while his annual revenue is roughly around $45 million. However, the exact net worth of 2018/2019 is not available at the moment. The main source of her income is from her career as a businessman and a hospitality entrepreneur.

Net Worth in 2019 Under Review
Net Worth in 2018 Under Review
Annual Salary/Income $45 million
Income Source as a Businessman

David reportedly discovered Electronic dance music, which has helped to take the club from $25 million to $40 million in income and profits. Making more than $60 million, the nightclub was the most successful nightclub in the United States at the end of 2013. With such kind of earning, he is living a lavish lifestyle with his family members.

House and Car Collection

David Grutman owns a boat costing around $1.7 million VanDutch yachts which is a black beast that looks less like a boat and more like a sophisticated personalized space shuttle. Also, she has a beautiful enormous, and classy Mediterranean-style house at Sunset Island home which costs billions of dollars, where he resides with his wife, Isabela. More than this, there is no further information regarding his car collection.

David Grutman’s Career

  • David Grutman migrated to Miami, Florida at the age of 21 and worked as a bartender in South Beach and later worked at firms Tantra and the Opium Group.
  • In the year 2008, he co-founded Miami Marketing Group, and now he is CEO and operating partner.
  • Later, MMG became MMG Nightlife after David ran the nightclub in Jeff Soffer’s billion-dollar revamping of the Fontainebleau Hotel.
  • He also owns a hotel nightclub named LIV. David opened his second restaurant in the Miami Design District in January 2017.
  • He also launched a $1 billion renovation of the Fontainebleau, an old historic hotel.
  • Further, he is also the owner of the nightclub story in South Beach, Oro Nightclub, Dominican Republic, and the LIV Sun Life Stadium.

Who is the owner of Liv Miami?

David Grutman is the owner of Miami Beach nightclubs LIV and Stor which will open three food and beverage concepts and a retail store in Miami Beach in fall 2019. According to some online resources, his newly formed lifestyle collective Groot Hospitality has secured a lease at 1575 Alton Road.

Quick Facts

  • David Grutman was born on 3rd July 1974, in Naples, Florida, the United States of America.
  • As of 2019, he is 45 years old and his horoscope is Cancer.
  • He is the daughter of Hettie Grutman (mother) while his father’s name is not available at the moment.
  • David is an American nationality and belongs to white ethnical background.
  • He attended the University of Florida, where he graduated with a finance degree in the year 1997.
  • In the year 2014, David was named one of the 50 Most Important People in EDM by Rolling Stone magazine.
  • He has also worked with countless popular DJs and artists from DJ Khaled to Cedric Gervais.
  • His annual revenue is roughly around $45 million
  • He married an American model Isabela Rangel in Miami, Florida in the year 2016.
  • He has a daughter named Kaia Sof Grutman, born on 21st September 2017.
  • David’s hair and eyes are dark brown in color.
  • David is active on some sorts of social networking sites like Instagram and Twitter.