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The founder of Westgate Resorts Ltd, David A. Siegel is an American entrepreneur with an estimated net worth amounting to $100 million. He currently serves as the Chief Executive Officer and President of Westgate Resorts Ltd. Apart from serving these positions, Siegel also sits as the Chief Executive Officer of Central Florida Investments Inc and CFI Resorts Management Inc.. David Siegel’s business includes construction, timeshare, telecommunications, travel services, insurance, citrus, retail, transport, hotel and apartment management and real estate.
In 2008, Siegel’s business was adversely affected by the economic recession but in mid 2012, he announced that business is doing a lot better and in fact, he plans for an expansion of his business and that he intends to hire more people.
A graduate of University of Miami, David A. Siegel is known to be active in supporting the candidacy of Mitt Romney for the US Presidential Election.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2012 |
Asset |
The maximum value of the property (versailles Florida) which they are trying to sell |
$150,000,000 |
|
2012 |
Asset |
Amount spent on furnishing the largest home in the US |
$25,000,000 |
|
2012 |
Asset |
The value of mahogany doors and windows in Versailles Florida |
$4,000,000 |
|
2012 |
Asset |
Amount spent on the building of the largest house in the US |
$50,000,000 |
|
2007 |
Others |
Profit earned by Westgate in 2008 |
$175,000,000 |
|
2006 |
Others |
Profit earned by his company in 2007 |
$875,000,000 |
|
1995 |
Salary |
Amount spent on the construction of Palazzo del Lago |
$35,000,000 |