David Siegel is an American businessman, investor and philanthropist who is best known as the founder and CEO of the international resort timeshare company Westgate Resorts. He is one of the most successful and wealthiest businessmen in the United States, and his net worth has been estimated at over $2 billion. In this article, we will be taking a look into David Siegel’s amazing net worth and how he has achieved such great success.
Overview of David Siegel
David Siegel is an American businessman and investor who is the founder and CEO of the international resort timeshare company, Westgate Resorts. He is one of the most successful and wealthiest businessmen in the United States, with a net worth estimated at over $2 billion. He is also the founder and chairman of the Westgate Foundation, a philanthropic organization that raises money for charitable causes.
Early Life and Education
Siegel was born in New York City, and grew up in the Bronx. He attended New York University, where he studied economics. After graduating from NYU, Siegel worked in various industries, including advertising, real estate, and investments. He eventually began investing in the timeshare industry and started Westgate Resorts in 1982.
Business Ventures
Siegel’s business ventures have been hugely successful. Westgate Resorts is the largest privately owned timeshare company in the world, and Siegel has also invested in other companies, including the Las Vegas Hilton, the Orlando Predators, and the Trump International Hotel and Tower. He has also developed numerous successful real estate projects in Florida, including the Westgate Branson Woods Resort in Missouri.
Philanthropy
In addition to his business ventures, Siegel is also a generous philanthropist. He is the founder and chairman of the Westgate Foundation, which raises money for various charitable causes, including education, healthcare, poverty, and the environment. He has also donated large sums of money to a number of organizations, including the American Red Cross and the United Way.
Conclusion
Siegel’s net worth has been estimated at over $2 billion. He has achieved this wealth through his successful business ventures, investments, and philanthropic activities. Siegel’s success is a testament to his hard work and dedication to his craft. He is an inspiration to aspiring entrepreneurs and businesspeople, and his net worth is a reflection of his accomplishments.