A boon of being well-to-do is that one can afford to indulge ones passions in ways mere financial mortals cannot. What do you know about Tyler and Todd, the YouTube couple? All Rights Reserved. Today, Lawrence, now 37, is looking for a spike in sales next year after Lamborghini releases its first SUV in two decades. 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. But he set his sights on a storefront. "Desert European is a collection of Porsche, Audi, Jaguar . Upon arrival, Blue called Kelly Wolf, a member of the tight-knit luxury automotive clique in Houston whom Blue had met at a Porsche brand meeting in Germany. (Michael Starghill, Jr.), Todd Blue shows a Porsche 918 Spyder and a Porsche 1600. "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. I had no experience selling new cars, said Blue. We would love to buy a dealership at the multiples as they are reported, Blue said, But everybody pays more than that.. And thats what makes this setup fabulous. Choose the right Crunchbase solution for you Start Your Free Trial Baddour holds bachelor's degrees in journalism and Latin American studies from the University of Texas at Austin. Bill Gates. Type the color indigo hex code #4B0082 in the search box underneath the color box and hit enter. Now wholly owned by Pon Holdings of the Netherlands, indiGO Auto Group, which was founded by current CEO Todd Blue, has created the most inspiring luxury retail automotive destinations in the industry. That name is nice enough, we guess, albeit a tad generic. 2017 Cobalt Ventures, LLC. A member from Atlanta, who had recently bought a portfolio of stores, answered his ad. A lot of my business model is based on passion and love for these brands, Blue told Automotive Buy Sell Report. For someone who did not grow up in the industry, Blue, who always loved sports cars, had an unusual fascination with the automobile industry. In fact, Mr. Blues Lamborghini Houston dealership is the top-selling Lambo location in the entire country. Indigo was born on June 19, 1925 in Los Angeles, California, United States, is Actress. He has beautiful Black eyes that attract the viewer's attention. 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 . His criteria were luxury and performance brands in either a Tier One city or a special high net-worth location. Our boy is an auto dealership magnate who owns at least ten facilities across the country, all of them selling luxury nameplates Porsche, Bentley, Lamborghini, BMW, McLaren, Aston Martin and the like. A panel of faculty members from the Tauber Institute for Global Operations at the University of Michigan will select one finalist from each of the four NADA regions and one national Dealer of the Year. Education Todd Blue studied at George Washington University. Our Mr. Blue was born into a wealthy family who had long owned a Louisville-based steel mill. 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. Dealing with the steel mills and rail roads was very similar to dealing with auto manufacturers, said Blue. 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. Mr. Cleveland owns over 40,000 units of Patrick Industries stock worth over $7,623,815 and over the last 15 years he sold PATK stock worth over $65,621,839. Our sister paper in Houston. Beyond the magazine. (Michael Starghill, Jr.), Yainer Diaz becomes first Astros hitter to violate new MLB rules. And Mr. Goldmans new house at least in the aerial view does not appear to have a garage capable of containing these gems. Although records are somewhat incomplete here, we do know that the property was sold in 2001 for $990,000 to a Steve Goldman and his wife Azita. Billionaire Lasry to Sell Bucks Stake, Valuing NBA Team at $3.5 Billion Collecting Here's What a $10 Million Violin Sounds Like Featured Screentime New York Property Prices Where to Go in 2022 View. Even the incessant oil slump hasn't taken the edge off Houston's market for high-end toys - and the new. There are meetings scheduled, in a healthy staggered way, between now and the arrival of that vehicle to get dealers ready. The best parts of the estate, however especially for kids are the expansive grounds, which span about 2.7 acres and include numerous outdoor dining options, a 75-foot long infinity pool w/ waterfall feature, a full-size tennis court, and a bocce ball court. 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 []. He oversaw an expansion that led the companys transformation into one of the largest suppliers to railroads, while also adding a railcar leasing entity. Were getting that now, which is very helpful. Boom gone, wealth remains, and the highest level of income earners has seen disproportionate growth in recent years. 6 Facts On Indigo White That Might Surprise You! According to Mr. Goldman himself,[the facility is]essentially on par with a hospital operating room.. But he could, right? The median earner probably aren't the ones fueling the market for luxury cars. 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 . Now, when he looks at possible acquisitions he doesnt look at the published multiples for a franchise, Blue told Automotive Buy Sell Report. Todd Blue, chairman and CEO of IndiGO Auto Group, at Porsche of St. Louis. Todd purchased his Porsche 935 (serial #50) - a real absolute unadulterated race car -- in time for his 50th birthday. His net worth is up $800 million from a year ago due to an uptick in Kinder Morgan's share price (he owns a 23% stake) and combined quarterly payouts worth more than $200 million. Mr. Schroepfer owns over 38,138 units of Meta Platforms Inc stock worth over $114,436,500 and over the last 11 years he sold META stock worth over $460,628,064. Always passionate about cars, he began hoovering up classic automobiles. A circular motorcourt has parking for 10 vehicles, in addition to the four-car garage. Nope. Send us a tip using our anonymous form. After acquiring that business from his father and significantly growing revenues, he and his brother eventually sold it in 1998. Todd Rome, Blue Star's president, is now . 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. read more. Automotive News: How was 2017 for Porsche dealers? (Michael Starghill, Jr.), Details of a Porsche 918 Spyder in the garage of a brand new flagship Porsche dealership on the north side of Houston Thursday June 29, 2017. A year later, Blue acquired Lamborghini Houston. 2023 Dirt.com, LLC. 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. "All this will, of course, change when the numbers are available," Deb adds. I would love to grow with BMW, he said. More than any industry acknowledgement or single moment, it is incredibly rewarding for me to love what I do every day.. Green= 0%. Markets never sleep, and neither does Bloomberg News. Porsche took a chance on me in 2010 with a store that had around 40 employees, Blue said. Todd & Karen Blues agent: Josh Altman, Douglas Elliman, Get our latest stories in the feed of your favorite networks. Other cities are not like that. The Blues who have four children hail from Louisville, though for the last few years they have primarily resided in Houston, Texas. An associated email addresses for Todd Blue are toddb***@comcast.net, toddeb***@yahoo.com and more. Even the incessant oil slump hasn't taken the edge off Houston's market for high-end toys - and the new Porsche North Houston comes amid several high-profile, high-dollar luxury car projects emerging across town. Though spartan, the quarters are livable enough and are comprised of a small kitchen with stainless steel appliances, one bedroom, and 2.5 bathrooms. He would like to add some brands that are owned by the same manufacturers that he already represents, said Blue. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. The truth is, as much as car dealers say the manufacturer/dealer relationship is adversarial, manufacturers are angels compared to steel mills and rail roads.. KTRK Channel 13 news anchorGina Gaston emceed the evening that feted Dec My Room founderSusan Plank and hubby Mike, Gina and Dr. Devinder Bhatia, Melissa and Michael Mithoff, Laura and Evan Greenberg, Peter Remington and Karen Deguerin, Laurie and Tracy Krohn,Tatiana and Bob Green, Karen andTodd Blue,andChristie and Mark Sullivan. Pantone have selected their color of 2022 as '17-3938 Very Peri . And the wealthiest residents there tend to congregate together. "Houston happened by accident, and I'm grateful it did," Blue said. 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