David Siegel Net Worth is$100 Million
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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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David Siegel Latest News

Daughter of timeshare mogul David Siegel is dead at 18

The 18-year-old daughter of David Siegel, the founder of Westgate Resorts, was pronounced dead Saturday after being found unresponsive at her father's home, the Orlando Sentinel reported Sunday. David Siegel and his wife, Jacqueline, known as Jackie, were ...
Posted: June 7, 2015, 7:30 am

Remember CEO David Siegel, Who Said He’d Fire Everyone If Obama Won? Here’s The Rest Of That Story

David Siegel was the timeshare mogul who said in 2012 that his business had become so bad since Barack Obama was elected president in 2008, that if Obama won a second term, he’d close down his company, put all of his employees out of work, and spend the ...
Posted: July 25, 2014, 12:14 pm

Time-share king restarts work on Florida Versailles as business booms

ORLANDO, Florida (Reuters) - David Siegel, owner of the largest privately held time-share company in the world, says he is rebounding from the recession so well that he is restarting construction on an extravagant Florida home modelled on the Palace of ...
Posted: July 30, 2012, 5:10 am

Timeshare Mogul David Siegel Needs To Stop Whining About Obama

Photograph by Lauren Greenfield/Magnolia Pictures. Stop whining. That's my message for David Siegel, the founder and CEO of Westgate Resorts (and the subject of the recent documentary The Queen of Versailles). He is one of the largest resort developers in ...
Posted: October 11, 2012, 10:56 am

Pillar Project Launches First Design Competition for Next-Generation Smart Wallet

The Pillar project initiative is the brainchild of David Siegel, a serial entrepreneur, author and the world’s first web designer. His 2010 book, Pull (Penguin), described a future with no apps and with the personal data locker at the centre of people ...
Posted: August 16, 2017, 6:30 am
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