While Blue has received numerous awards for his leadership, he is proud of being named one of the 100 Best Dealerships to Work For by Automotive News. Sumber Mekar No.45, Babakan, Kec. We want to hear from you! 6 Facts On Indigo White That Might Surprise You! Earlier this year, he added a Porsche dealership in St. Louis through a Right of First Refusal. First Look at the All New Porsche North Houston. 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. Our sister paper in Houston. Indigo was born Alyssa Ashley Nichols in 1984,. (Michael Starghill, Jr.), Todd Blue shows a Porsche 918 Spyder and a Porsche 1600. Todd purchased his Porsche 935 (serial #50) - a real absolute unadulterated race car -- in time for his 50th birthday. Indoors, the structure sports epoxy flooring,temperature control, humidity control, dust control, and anti-bacterial control. 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. Our Mr. Blue was born into a wealthy family who had long owned a Louisville-based steel mill. Baddour holds bachelor's degrees in journalism and Latin American studies from the University of Texas at Austin. 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. He auctioned off the restored Maserati for a profit, and the business was born. Send us a tip using our anonymous form. The private-jet-chartering company named after the airline in the 1987 film "Wall Street" is quietly going out of business after 16 years. (Very) loosely translated, it reads The princess burns an everlasting flame in the attic., Pretty awesome, right? In 2009, Blue was approached to purchase Porsche of North Houston in Texas. Watch until the end to find out their monthly . 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. He credits Houston for his success: "There's something in the water that is celebratory of the entrepreneur and of business people that take a risk. 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. His loss!). 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. You map (or import) some or all of your field boundaries and enroll in Carbon by Indigo. Maybe its just a vacation home. The company was eventually sold to the largest processor of railroad materials in the world, Progress Rail Services Corporation. What specific changes will need to happen at the dealership? 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. Current & historical holdings in these industries worldwide: Driving Innovation. He shook up the staff and brought annual sales there to 78 vehicles in 2016, up from 12 in his first year. 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. 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. The Blues who have four children hail from Louisville, though for the last few years they have primarily resided in Houston, Texas. The award is sponsored by Time in association with Ally Financial, and in cooperation with NADA. read more. What justifies massive multiples for luxury auto dealerships? 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. Anyway, the Goldmans relocated to a different house in Malibu a few years back and sold off their Point Dume residence. 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. "Desert European is a collection of Porsche, Audi, Jaguar . Todd & Karen Blues agent: Josh Altman, Douglas Elliman, Get our latest stories in the feed of your favorite networks. 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. Specifications detailed down to the tile, paint and the Alucobond aluminum exterior panels. PAPERCITY 2023 urban publishers, inc. all rights reserved terms & condition // privacy policy // sitemap, What: Dec My Room Spring Into Fashionfundraiser. 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. Sometimes you never know whats lurking behind a gate, right? He also spent two years investigating armed groups in Latin America for the global security department at Facebook before returning to Texas journalism. As for Mr. and Mrs. Goldman, they have now divested themselves entirely of their Point Dume real estate holdings. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Todd Blue: Fantastic. Todd has been an active member of the Young Presidents Organization (and YPO Gold) since 2003. We are making more than just baby steps toward electrification, which is going to be a revolutionary thing for this company and the industry. 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. 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. Kelly Wolf, formerly president and COO, has taken over the top role from founder. Porsche is on this. 4. indiGO Auto Groups Founder & CEO Todd Blue was featured last week in Automotive News. Tall hedges keep the place hidden from neighborly prying eyes and over-the-treetops views take in the Santa Monica mountain range. Todd received the Governor of Kentuckys Economic Development Leadership Award in 2004. 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. You have to explore every avenue, said Blue. They sold that business in late 1998. 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. All of this was incorporated to keep his cars in pristine condition. He would like to add some brands that are owned by the same manufacturers that he already represents, said Blue. "There's something in the water that is celebratory of the entrepreneur and of businesspeople that take a risk. The estimated Net Worth of Todd M Cleveland is at least $79.8 Million dollars as of 15 August 2022. 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. These quarters are best suited to a live-in security guard or one lucky professional caretaker, Yolanda thinks. (Michael Starghill, Jr.), Details of a Porsche 918 Spyder and a Porsche 1600 in the garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. He is currently a member of the Young Presidents Organization and is chairman of the board of The indiGO Blue Family Foundation, which supports various initiatives. 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. The two got together, and Blue outlined his vision to expand his newly acquired dealership into a national group. Being in the automotive industry was a childhood dream of mine, Blue said. Now, when he looks at possible acquisitions he doesnt look at the published multiples for a franchise, Blue told Automotive Buy Sell Report. indiGO Auto Group Founder & CEO Todd Blue Featured in Automotive News. The bottom 50% own just 1% of the wealth in the U.S. and have a median net worth less than $122,000. Blue hopes to build a stand-alone car wash on site, too. Send us a tip using our anonymous form. The bedroom at the garage is . As a kid, he watched as auto plants sold scrap steel to be melted down at his family mill. Although traditionally considered one of seven major spectral colors, its actual position in the . 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. Monitor your investments 24 hours a day, around the clock from around the globe. Knowing that our employees, in a confidential survey, would confirm that our dealerships exceed their expectations is a great accomplishment, he said. 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. Babakan Ciparay, Kota Bandung, Jawa Barat 40223, Indonesia It's true! CHAIRMAN AND DEALER PRINCIPAL, INDIGO AUTO GROUP, DESERT EUROPEAN MOTORCARS. Other cities are not like that.". An associated email addresses for Todd Blue are toddb***@comcast.net, toddeb***@yahoo.com and more. Todd Blue, chairman and CEO of IndiGO Auto Group, at Porsche of St. Louis. Porsche has always been one of the worlds greatest brands, so this was an opportunity I couldnt pass up, Blue said. Originally built in 1992, the house was extensively renovated by Mr. Talla. Todd and his wife Karen lead The Karen and Todd Blue Family Foundation. We'll focus on the median and average net worth figures for different age groups: Age of head of family. Blue then co-founded Cobalt Ventures and began investing in real estate, financial services, restaurants and other projects. After this classroom simulation, it would take Blue almost two decades to circle back to the retail automotive industry after his graduation from George Washington University where he earned a bachelors degree in international business. Most of his net worth comes from his contribution to the movies and television industry. 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. It is there, in Houston, where Mr. Blues business interests are headquartered. Read a snippet of his informative and insightful interview here, and view the entire article on autonews.com. 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. She has made such amount of wealth from her primary career as Instagram Star. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. Overnight on Wall Street is morning in Europe. Porsche North Houston's Porsche Classic Partner. After graduating from George Washington University in Washington, D.C. with a degree in International Business, he went to work for a scrap metals trading firm. Earlier this year, as yall may recall, Yolanda discussed their recent purchase of an epic $16 million Malibu estate named La Vie En Rose. It allowed me to do everything right, from a customer service perspective, which was my number one goal. Today, Blues indiGO Auto Group represents 14n franchised dealerships in four markets, including Houston, St. Louis, Rancho Mirage and Palm Springs, California. And Blue, the 48-year-old CEO of indiGO Auto Group, envisions greater growth ahead. Here's the net worth each generation says you need to be considered wealthy in 2021: Millennials (ages 24 to 39): $1.4 million. This design has now become the standard around the world for the Porsche brand and its retail dealerships. 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. So Blue posted a classified ad on the online forum of the Young Presidents Organization, a club for chief executives. Rancho Mirage, adjacent to Palm Springs in the California desert, is a second home for many high-worth individuals. We had a terrific location and the fact that it was a single-point Porsche store gave me the opportunity to focus and learn the business. As of February 2023, Todd Bridges' net worth is estimated to be roughly $250 Thousand. Search our local business directories for 303 N. Indian Canyon Drive, Palm Springs California 92262. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. A member from Atlanta, who had recently bought a portfolio of stores, answered his ad. In 2013, indiGO bought a nine-store group in Rancho Mirage, a suburb of Palm Springs, Calif., which included Rolls-Royce, Bentley, Aston Martin, Maserati and more. It is about aligning my mission around catering to customers that are just like me when I was a customer. And the wealthiest residents there tend to congregate together. As was shown on a video feature forRobb Report, Mr. Goldmans eye-popping 14-car collection includes six Ferraris, five Porsches, two McLarens, and one ultra-rare Pagani Zonda, of which there are believed to be only ten units at most in the entire United States. Site Staff January 9, 2019 Current Digital, Social Scene Todd Blue will be honored at the 102nd annual National Automobile Dealers Association (NADA) Show Jan. 25 in San Francisco. Warren . Wishful thinking? Join Facebook to connect with Todd Blue and others you may know. Good heavens! Porsche North Houston's Grand Opening Event. That was more than double the rate of 10 years prior, 3.5 percent in 2005. In addition, he makes $6,585,370 as Chairman and Executive Director at Patrick Industries. At the dealership, cars go for between $200,000 and $600,000. Records do not reveal the exact purchase price, but we gather that Mr. Blue paid approximately $4.5 million for the house in 2014. There are reds, blues, yellows, and even a daring shade of burgundy on that McLaren P1. He has a collection of more than 100 formal shoes and his wife likes his collection.Todd Gilliland loves to buy new shoes every month when he has some time to go shopping.. What: Dec My Room "Spring Into Fashion"fundraiser Where: Neiman Marcus PC Moment: Ten philanthropic (not to mention easy on the eyes) couples dressed in au courant Neiman Marcus fashions and . Just kidding. Three finalists will receive an additional $5,000 for their favorite charities and the winner will receive an additional $10,000 to give to charity. 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. Savannah Chrisley is a cheerful tv-personality & actress who has a net worth of $6 million approximately. His interest in cars led him to purchase his first dealership Porsche of North Houston in 2010. Mr. Blue is influential in the luxury automotive market and an integral member of the Porsche Dealer Board of Regents; he took a moment to chat with the editorial team at Automotive News about the exciting future of Porsche and the nuances of the 2018 model year. Turns out the buyers are Todd & Karen Blue, a married couple from the U.S. state of Kentucky. A year later, Blue acquired Lamborghini Houston. IndiGO Auto Group was founded in 2010 with the Porsche store. But in his early teens, he realized he didnt have the height or the skill to achieve that dream. We are looking for active professionals who understand this part of the automobile industry [], Automotive Buy Sell Report is the first website and weekly report to give participants in the automotive dealership buy sell industry [], Advertising on Automotive Buy Sell Report is a great way to specifically target those []. 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. What does the board of regents hope to accomplish in 2018? 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. 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Mr. Blue was born Alyssa Ashley Nichols in 1984, and began investing in estate.

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