David Alan Siegel is an American based businessman and entrepreneur who founded Westgate resorts limited. Westgate Resorts is one of the greatest resort developers in the world and a huge national timeshare company. He is currently the CEO of Central Florida investments Resorts Management, Inc. He has many other business-like insurance, transportation, construction, real estate, travel services and hotels.
Seigel also owns an arena football team named as Orlando Predators. He also bought cocoa beach pier and a Las Vegas hotel. On March 28, 1976, in Orlando, Florida, mystery fun house which was unveiled and David Alan Siegal was the one among the founders. Here is a quick summary of David Alan Siegel’s net worth in 2018, career and earnings.
David was born in a Jewish family on May 3rd, 1935 to Sidney and Saddle Siegel in Chicago, Florida. Siegel was raised in Miami Florida and completed his graduation from the University of Miami in marketing management.
Siegel married to Geraldine F. Sandstrom in March 2016. They were blessed with three children. The couple got divorced in 1968.
Later in 1970, he got married to Betty Tucker, but the marriage didn’t last long and got divorced in 1997. Finally, in 1998 he found the love of his life Jackie and the couple got engaged in the same year.
He had a great career in politics. In the year 2000, David Alan Siegel battled for George Walker Bush.
David Alan Siegel dispatched an email to his workforce throughout the 2012 United States Poll and hence created a huge disagreement and sort of public discussion, conveying that they poll for Mitt Romney who was actually a Republican Party contender or else Siegal has to take serious measures (inclusive of dismissing on his company’s human resources). 2015 was the year when it was acclaimed that the company had literally done a lot better and accomplished the finest year in the history and hence Siegel hiked $10 an hour minimum wage of his company.
Awards & Achievements
In the year 2012, The Queens of Versailles by Lauren Greenfield was a marvelous American factual film, winning many awards. David Siegel along with Jackie Siegel, both the Westgate Resorts owners was seen in the film, along with the whole family as they endeavor to construct an enormous as well as a costly single-family house in the united states that is the Versailles house.
To keep the possession or freehold of the Westgate’s Las Vegas high-class resort which was bought by him last year, the film also shows Siegel’s failure and hard work. Richard, the chief Westgate executive and Siegel’s son, is recited as saying that David Alan Siegel’s firmness of purpose not to lose the Ph Tower was a crucial source of the Westgate’s monetary problems in 2009-11. A majority of the stocks of a business in the premises were given or handed over to Resort Finance America LLC on November 22, 2011.
Net worth of David Alan Siegel
David Alan Siegel (Timeshare king), 81, is the richest man in Orlando with a whopping net worth of $4.9 billion, according to an article by Forbes. David Alan Siegal is the richest man among the America’s 50 biggest cities.
Westgate Resorts timeshare company, founded in the year 1982 is owned by him. Apart from this he owned the Las Vegas hotel in 2016 and owned a football team and many other franchises. It is expected that his net worth will be hiked even more in the upcoming years as per Forbes.
David Siegal has always dreamed of living a life in king size and hence started off his journey through failures, but he kept working hard. Now he has earned a huge amount of money throughout his life. He is indeed a man of value.