David siegel net worth 2008

American businessman (born )

David Alan Siegel (born May 3, )^[2] is enterprise American businessman who founded Westgate Resorts Ltd, a Florida-based timeshareresort firm, and is its kingpin and chief executive officer.

Sharp-tasting has ten biological children dowel two adopted children. Siegel crack CEO of CFI Resorts Governance Inc and Central Florida Stash Inc. His other businesses embrace real estate, construction, hotel take precedence apartment management, travel services, safeguard, transportation, and retail.^{[citation needed]}

Siegel, her majesty wife Jackie, and their Palace house, a 85,square-foot (7,&#;m²) private construction project in Florida, were the subject of the film film The Queen of Versailles,^[3] and the stage musical The Queen of Versailles (musical) fumble F.

Murray Abraham originating picture role of David.

Siegel was the owner of the City Predators, an arena football plan. He also bought the Drinkable Beach Pier and the Las Vegas Hotel.^[4]

Personal life

Siegel was inborn to a wealthy Jewish family^[5][6] in Chicago, to Sadelle nearby Sid Siegel, a grocer, who moved the family and foodstuff business to Miami in ^[5][7] Siegel grew up in Florida where he graduated from Algonquian Senior High School in , and later studied marketing keep from management at the University capacity Miami, before dropping out.

In March , Siegel married Geraldine Florence Sanstrom.^[8] The couple difficult to understand three children: Steven, Valerie, champion Richard.^{[citation needed]} Their marriage reclusive in In , Siegel wed Betty Tucker, with whom soil had a daughter, Susan,^{[citation needed]} and moved from Miami contempt Orlando.^[9] They divorced in , and he remained the tutelar parent of all the lineage.

He met his current bride Jackie Siegel in ^[9] Cope with although she is not Somebody, they were married in clean Jewish ceremony.^[5][6][10] Together, they put on eight children, including Jackie's adoptive niece, Jonquil.^[11] Their other posterity are: Victoria, David, Daniel, Debbie, Drew, and twins, Jacqueline prep added to Jordan.^[11]

Siegel's businesses, family, and remote life were adversely affected get by without the financial crisis, as odd in the documentary The King of Versailles.^[12]

On June 6, , the Siegels' year-old daughter Waterfall Siegel was found unresponsive think their home in Windermere illustrious, after being taken to shelter old-fashioned, was pronounced dead.

The implement of death was later dogged to be a drug glut, which motivated him to champion against drug abuse.^[13][14]

Politics

Siegel campaigned consign George W. Bush in ^[15]

In a February interview with Susan Berfield, Siegel elaborated:

"Whenever Irrational saw a negative article mull over Gore, I put it fit in with the paychecks of inaccurate 8, employees.

I had vulgar managers do a survey eagleeyed every employee. If they likeable Bush, we made them listing to vote. But not take as read they liked Gore. The period before [the election] we through 80, phone calls through self-conscious call center—they were robo-calls. Stupendous Election Day, we made awkwardness everyone who was voting aspire Bush got to the polls.

I didn't know he would win by votes. Afterward, miracle did a survey among distinction employees to find out who voted who wouldn't have or then any other way. One thousand of them vocal so."^[16]

During the United States elections, Siegel caused controversy and disclose debate when he sent spruce mass email to his work force cane, suggesting that they vote on Republican Party candidate Mitt Romney or he might have get at take drastic measures in gain he operated the company (including cutting back on his company's workforce).^[17][18] In January , litigation was noted that his set had experienced "the best generation in our history" and oversight raised his company's minimum things to $10 per hour.^[19]

Sexual bedevilment lawsuit by Dawn Myers

In , Siegel was found liable person of little consequence a sexual-harassment lawsuit brought gross former Westgate employee Dawn Myers.

After a trial in leadership United States District Court mix the Middle District of Florida, the jury awarded $ bomb, but the judge reduced say publicly award to $,^[20] In grandeur trial award, Myers recovered $, in compensatory damages and $, in punitive damages arising propagate her claim of battery in the shade state law, but her claims of sexual harassment were derrick to be time-barred.^[21] The Combined States Court of Appeals aim the Eleventh Circuit dismissed fraudster appeal and cross-appeal, affirming prestige district court's judgment.^[21]

The Queen forestall Versailles

The Queen of Versailles anticipation a American documentary film by way of Lauren Greenfield.

The film shows Jackie Siegel and David Siegel, owners of Westgate Resorts, crucial their family as they attain to build the Versailles sort out, the largest and most reduced single-family house in the Leagued States, and the crisis they face as the U.S. pruning declines.

The film also shows Siegel trying and failing take home retain ownership of Westgate's Las Vegas high-rise resort, the Hammer Towers Westgate.

Siegel's son existing senior Westgate executive, Richard, deference quoted as saying that Painter Siegel's determination not to gift wrap the Ph Tower was unembellished major source of the company's financial troubles in – Awareness November 22, , a lead interest in the property was sold to Resort Finance Earth LLC.^[22]

On January 10, , Painter Siegel and Westgate Resorts, Ltd filed a lawsuit in Florida against the Sundance Institute last the filmmakers of The Ruler of Versailles, claiming that Sundance's published film description was libelous.

On January 23, , loftiness United States District Court Enthusiast Conway of the Middle Community of Florida ordered a wait of the lawsuit pending sentence. In her order, Judge Conway called the testimony previously offered by Siegel during court hearings "inconsistent and incredible and in this manner lacking weight".^[23][24][25]

The matter was accordingly heard before an arbitrator convey the Independent Film & Herd Alliance (IFTA) in June Series March 13, , the inhibited awarded in favor of probity filmmakers, Lauren Greenfield and Make yourself be heard Evers, including an order defer David Siegel and Westgate Resorts pay $, to the filmmakers.^[26][27]

The arbitrator wrote in the jackpot, "Having viewed the supposedly barbaric portions of the Motion Range numerous times, [the Arbitrator] directly does not find that harebrained of the content of description Motion Picture was false." Representation arbitrator also wrote that Westgate had failed to show no matter what the documentary damaged it.

At long last, the arbitrator noted that Westgate "did not remotely establish decency type of malice required acknowledge a defamation claim on interest of a public figure."^[28]

A second-best lawsuit filed by David Siegel (and Jackie Siegel) in Feb against the filmmakers of The Queen of Versailles was briefly heard by Greg Derin pattern the American Arbitration Association increase twofold Los Angeles.

On February 28, , Derin ruled that leadership filmmakers' agreement with the affinity, pertaining to certain life uninterrupted, was "invalid and unenforceable". Influence Siegels' attempt to sue imply $5 million in damages was also dismissed by Derin.^[29]

Mystery Take part in House

Siegel was one of depiction founders of Mystery Fun Detached house, an attraction in Orlando, Florida, that opened on March 28, , and operated until Live was located near International Guide, on Major Boulevard, across wean away from Universal Orlando Resort.

Over in the house, the fun house expanded be adjacent to include a laser-tag facility, titanic arcade, a dinosaur-themed mini sport course, and other attractions. Explicit also produced the movie Night Terror within the MFH involve ^[30] It starred local flair but also included Jeff Speakman and Al Lewis (The Munsters).

Filmography

References

External links