David Siegel Net Worth is$100 Million
David Siegel Net Worth,
David A. Siegel net worth: David. A. Siegel is an American entrepreneur who has a net worth of $100 million dollars. Based in Florida, David A. Siegel graduated from the University of Miami, where he studied management and marketing. He founded the very successful timeshare company Westgate Resorts, Ltd., and currently serves as the company's President and Chief Executive Officer. In addition to his work with Westgate, he is also the CEO of Central Florida Investments, Inc., and the Central Florida Investments Resorts Management, Inc. His investment company has interests in travel services, transportation, retail, telecommunications, and construction. Siegel was at one point worth over $1 billion dollars but his various business ventures were adversely affected by the 2008 financial crisis. Siegel and his wife Jackie are the subjects of the award-winning documentary, "The Queen of Versailles". The documentary chronicles the Siegel's struggles to sell various expensive personal assets in order to save their lives and company from a mountain of debt. Prior to 2008, the couple built what is considered the largest home in the United States which was modeled after Versailles in France. The house is 90,000 square feet and cost over $50 million to build and another $25 million to furnish. The Siegels struggled to find a buyer for the property which they hoped could fetch between $100 and $150 million. They managed to bounce back fairly successfully. In 2012, he made headlines when he sent an email to all of his employees, in which he threatened to fire them if President Obama was re-elected. He did not follow through on that threat.
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