In 2014, Mr. Blue packed his bags and moved his family (and his business) to Houston. Todd and his wife, Karen, have three children. Born in Houston, he's worked the business desk at the Houston Chronicle, covered the U.S.-Mexico border for international outlets and reported for several years from Colombia for media like The Washington Post, BBC News and The Atlantic. By: Momentum Marketing April 2, 2010 - PRLog -- IndiGO Classic Cars Acquires Porsche of North Houston Beginning in 2000 Todd has lead Cobalt Ventures (which he co-founded). From that sale, liquidity was generated to invest in and launch new entities. Porsche has always been one of the worlds greatest brands, so this was an opportunity I couldnt pass up, Blue said. Cobalt was a strategic investor in multiple industries such as restaurants, financial services, publishing, events, and urban real estate development. (He also is in the luxury car business. The company was eventually sold to the largest processor of railroad materials in the world, Progress Rail Services Corporation. 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. The house a mere 8 minutes from downtown Louisville, yall sold for exactly $3 million. His criteria were luxury and performance brands in either a Tier One city or a special high net-worth location. Buggati Houston Chiron Launch Event / 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. Over in Texas, the Blue familys main residence is a 10,859-square-foot mansion with 6 beds and 6.5 baths in the swanky River Oaks neighborhood of Houston. In 2013, he acquired Desert European Motorcars. This energizes and motivates me with purpose. Anyway, the Goldmans relocated to a different house in Malibu a few years back and sold off their Point Dume residence. Who knows? Watch until the end to find out their monthly . A consistent increase . Blue Equity, LLC is an independent, private equity firm that invests in enterprises with solid developmental potential. I would drive to car dealerships to look around, said Blue. 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. Blue founded indiGO Classic Cars in 2006, buying rides and even importing them from Europe, then selling them at auction. Babakan Ciparay, Kota Bandung, Jawa Barat 40223, Indonesia The estimated Net Worth of Todd M Cleveland is at least $79.8 Million dollars as of 15 August 2022. Were sure Mr. Goldman wouldnt dream of doing such a silly thing. "I thought, clearly he's a dreamer. Let me tell you, Indigo is one of the most confusing colors out there! During his time as CEO, his dealerships have been multi-year award winners of the J.D. 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. That was more than double the rate of 10 years prior, 3.5 percent in 2005. 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. Though spartan, the quarters are livable enough and are comprised of a small kitchen with stainless steel appliances, one bedroom, and 2.5 bathrooms. PAPERCITY 2023 urban publishers, inc. all rights reserved terms & condition // privacy policy // sitemap, What: Dec My Room Spring Into Fashionfundraiser. This design has now become the standard around the world for the Porsche brand and its retail dealerships. Agent Name TODD L BLUE Agent Address 301 EAST MAIN STREET, SUITE 101, LOUISVILLE, KY, 40202 Directors / Officers. 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. After. Odd, that. "We have services for the customer where budget is not a factor," Blue said. And earlier this year (March 2018), the Blues finally got around to unloading their fully upgraded estate in Kentucky. Porsche Rancho Mirage Panamera Sport Turismo Event from ToddBlue.com on Vimeo. The Blues who have four children hail from Louisville, though for the last few years they have primarily resided in Houston, Texas. But then again, theres always the possibility that the new place has a hidden underground lair. It will "be a prototypical dealership, which showcases Porsche's latest design scheme.". The average EBITDAR to EV value for full-service Asian flag carriers is 6.5. People that really want the experience are willing to pay for it.. Todd Gilliland shoe size is 8 UK and he loves to wear casual shoes. Our Mr. Blue was born into a wealthy family who had long owned a Louisville-based steel mill. How Carbon by Indigo works. Anybody would consider a Mercedes franchise, said Blue. And maybe, just maybe, Mr. Blue will invite Yolanda over for a quick private tour. 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. After all, Malibu is a fairly small city. But he set his sights on a storefront. Just 400 feet from the Point Dume beach is a 1.06-acre property, the entire lot secured and invisible behind a large security gate. Since his group encompasses 10 brands, that covers a lot of territory. Bentley Rancho Mirages All New 2019 Continental GT Event from ToddBlue.com on Vimeo. Boom gone, wealth remains, and the highest level of income earners has seen disproportionate growth in recent years. Being in the automotive industry was a childhood dream of mine, Blue said. After acquiring that business from his father and significantly growing revenues, he and his brother eventually sold it in 1998. He shook up the staff and brought annual sales there to 78 vehicles in 2016, up from 12 in his first year. He offered a store he'd acquired in Houston but did not want. That name is nice enough, we guess, albeit a tad generic. 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. Today our business provides careers for almost 400 automotive professionals which supports their families. Our sister paper in Houston. 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. 4. I was so excited to live my dream, I did not realize the guts it took to start a dealership group during the Great Recession. He added, But the stars seemed to align. How many McLaren dealerships are there in the US? Get the latest scoop directly in your inbox. Largest blue ammonia facility of its kind in Texas, enabling the capture and sequestration of up to 1.7 million metric tons per year of CO2 Total. But lurking behind all that steel and wood is a strangely squat 7,000-square-foot structure with an industrial-looking edifice. Turns out the buyers are Todd & Karen Blue, a married couple from the U.S. state of Kentucky. In 2009, Blue was approached to purchase Porsche of North Houston in Texas. Assistir Fulham X Leeds - Ao Vivo Grtis HD sem travar, sem anncios. Good heavens! 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. It fit the bill. Blue went through five interviews with Porsche. Todd Thompson is the former husband of famed chef, Giada De Laurentiis.The pair . The property was in escrow within four months and sold, albeit for $7,325,000 a significant 27% discount. 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. For the first four years after becoming a dealer Blue said he focused on teaching himself about the business and hiring good people. And pictures of his cars and garage (auto museum, as he calls it) have been posted and revered on online car lover forums for upwards of a decade now. "It's Houston businesspeople. 445 E Market St Louisville, KY 40202 PO Box 1509 Louisville, KY 40201 7 West Ln Houston, TX 77019 13911 North Fwy Houston, TX 77090 2229 San Felipe St Houston, TX 77019 13921 North Fwy Houston, TX 77090 PO Box 1610 Rancho Mirage, CA 92270 15 River Hill Rd Louisville, KY 40207 2525 Eastside St Houston, TX 77019 . Well be ready, and they are getting us ready through a tremendous amount of communications. Some months ago, Yolanda called Mr. Talla and begged him to rename the house Brnhilde brennt einFeuer auf dem Dachboden. 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. He also spent two years investigating armed groups in Latin America for the global security department at Facebook before returning to Texas journalism. there is also a small, loft-like living space above the garage. What major issues do Porsche dealers face? 30,000 crore. Indigo White is worth anywhere from $328,000 to $822,000. 3: RECORD DATA. Todd Blue, chairman and CEO of IndiGO Auto Group, at Porsche of St. Louis. I had a lot of questions about his plan," said Wolf, 39, and now the chief operating officer of indiGO. 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. EU Leadership Forum in Energy Transition. 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. Find 47 people named Todd Blue along with free Facebook, Instagram, Twitter, and TikTok profiles on PeekYou - true people search. The median earner probably aren't the ones fueling the market for luxury cars. The business is now owned by Caterpillar (CAT-NYSE). We would love to buy a dealership at the multiples as they are reported, Blue said, But everybody pays more than that.. Half of his time spends wearing casual shoes, he also wore formals when going outside. The bottom 50% own just 1% of the wealth in the U.S. and have a median net worth less than $122,000. (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. As a young man, Mr. Blue had lots of money but no gainful employment, and so he began indulging one of his passions: collecting exotic cars, some of which he was able to flip for lucrative amounts. The buyers were Todd and Karen Blue, a couple from Kentucky who recently purchased a true 10,100-square-foot mansion in Malibu for themselves and their children. 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. He is looking to acquire more stores and stays in touch with brokers and with the manufacturers. Labeled a secondary color on the color wheel, indigo is formed from mixing primary colors blue and red, creating a beautiful, rich shade. Facebook gives people the power to share and makes the world. Dirt is a part of Penske Media Corporation. Todd and his wife Karen lead The Karen and Todd Blue Family Foundation. Copyright 2005-2023 Blue Equity. Todd Bluedorn Net Worth The estimated Net Worth of Todd M Bluedorn is at least $125 Million dollars as of 15 March 2022. Miriam Doblas Muoz, better known as Lol Indigo, is a Granada-based singer and dancer. 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. There are meetings scheduled, in a healthy staggered way, between now and the arrival of that vehicle to get dealers ready. During an entrepreneurship class in college, he created an in-depth business plan for the mock-opening of an Infiniti store, even contacting the carmaker for support materials. Roman Todd 's revenue is $1.6M in 2022. The business developed into a thriving regional operation before ownership took the company global by focusing its operations on providing full-service metals recycling and supplies to railroads. 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. Naturally Yolanda was curious as to the identity of the new owner(s), and what his/her/their intentions were for the property. Porsche took a chance on me in 2010 with a store that had around 40 employees, Blue said. 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. Gerard Butlers Point Dume estate, for example. On Saturday, he opened the doors on a new company headquarters for his 14-store, Houston-based group of luxury car dealerships - a two-story Porsche store designated by the German brand as one of six U.S. flagship locations. (Michael Starghill, Jr.), Todd Blue shows a Porsche 918 Spyder and a Porsche 1600. Todd Chrisley: Net Worth, Salary. Though they dont appear to have any business interests in the area at least not yet it seems as though Mr. and Mrs. Blue have decided to make Malibu their primary home base. Todd Fisher Net Worth. He showed a 1964 Porsche 904 racer that competed in South Africa, France and England. In late 2013, they paid $2,700,000 for a Tuscan-style thing in a guard-gated Rancho Mirage community. In the example, we've denoted them as current net worth (NWc) and past net worth (NWp). As of February 2023, Todd Bridges' net worth is estimated to be roughly $250 Thousand. It is an approximate forecast of how rich is Roman Todd and could vary in the range between $525.3K - $1M. 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. Our investment efforts and managerial capabilities are focused on the operation of a global and diversified portfolio. 4. 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. He posted a notice on the Organizations website that he was interested in acquiring a highline new car dealership. Todd also became the first in the world to build a Destination Porsche facility (which was built in Palm Springs). 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 . The family business was sold in 1998 while Blue was executive vice president, so he took the money he made and bought some classic cars. Use Next and Previous buttons to navigate. White net worth is estimated at $1 Million dollars. (Surprisingly, we never heard back from Mr. Talla. She owned Havanese dogs named Soul and Miso. Todd Blue, Founder and CEO of indiGO Auto Group, came to terms on an agreement in The Netherlands on June 26, 2017 just prior to an event celebrating Pon's 70 th anniversary of its relationship . 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. How old is Todd Blue? Blue figured his dream of being a car dealer was dead, but he continued to buy and sell cars for himself. There are reds, blues, yellows, and even a daring shade of burgundy on that McLaren P1. Todd, Blue, CEO and founder of indiGO Auto Group in the desert, has been nominated for the 2019 Time magazine Dealer of the Year award. A few years ago, Todd Blue, chairman and CEO of IndiGO Auto Group in Houston, was thinking of acquiring more stores in the Houston area, or at least in Texas. Bill Gates. Warren . A guy will pull up in torn jeans and cowboy boots, but they are the biggest Lambo buyer, said Blue. Behind others are grand mansions, some contemporary and others traditional in style. In January of 2023 Todd was appointed to the11-99 Foundation Board of Directors. IndiGo Auto Group, a Houston-based luxury automotive dealership group, has found its new CEO within its own ranks. Blue hopes to build a stand-alone car wash on site, too. The national dealership empire Sonic Automotive plans to build a midrise, multibrand luxury showroom on U.S. 59, across the street from its seven-story Audi dealership. "It's just another great sign of really positive economic development in the area," said Greg Simpson, president of the North Houston District, who put the dealership second in terms of scope only to Amazon's new North Houston fulfillment center among recent business projects in his district. 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. And Blue, the 48-year-old CEO of indiGO Auto Group, envisions greater growth ahead. IndiGO already includes three Porsche franchises, but he wouldnt mind owning more. Fast forward eight years, and his IndiGO group is now comprised of a dozen luxury auto dealerships. This is a carousel. (Michael Starghill, Jr.), Todd Blue, owner of a brand new flagship Porsche dealership, talks on the phone Thursday June 29, 2017. The bottom 50% includes 64.3 million families, with 13.4 million of these families having a negative net worth. Todd Blue has had 1 past job as the Founder & CEO at indiGO Auto Group. . Todd Graduated from The George Washington University with a degree in International Business in 1992. 16,000 crore to Rs. The Post Oak Hotel, under construction near the Galleria, also plans to feature a glass-cased two-story showroom with Rolls-Royce and Bentley brands. Todd Chrisley . 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. Gen X (ages 40 to 55): $1.9 million. 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