American businessman David Grutman net worth and his yearly revenue |

American businessman David Grutman net worth and his yearly revenue

David Grutman aka Dave Grutman the owner of several high-end restaurants and nightclubs in Miami and the founder of Groot Hospitality is a hospitality entrepreneur. He is in charge of well-known brands such as Komodo, OTL, LIV at Fontainebleau, and Swan. Discover David Grutman net worth by reading on. After reading David Grutman net worth don’t forget to read his wife’s relationship and dating below.

What is American businessman David Grutman net worth?

David Grutman is a $50 million dollar businessman and entrepreneur from the United States. He is well-known in the Miami, Florida area for owning and collaborating in a number of restaurants and nightclubs. Rolling Stone magazine named David Grutman one of the 50 most influential persons in electronic dance music. All these David Grutman net worth is fact checked and confirmed by many channels.

Dave Grutman net worth
David Grutman cover photo of his site sitting in his car Sources: Instagram

In 2008, David Grutman opened LIV, the third most grossing nightclub in the United States, at the Fontainebleau Miami Beach hotel. He created the club Story, and since then, he has opened the restaurant’s Komodo, OTL, Swan, and Bar Bevy, all of which are owned by Pharrell. In 2019, David Grutman built Papi Steak, a high-end steakhouse in South Beach, Florida.

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David Grutman assets: How much does he spend to buy his new house?

The hotel mogul does not keep his opulent lifestyle hidden, as seen by his social media profiles. In their Miami home, he lives with his wife Isabel Rangel, a former Brazilian model, and their two kids Kaia and Vida.

David Grutman’s highly publicized proposal to build a 14,000 square foot home on North Bay Road is another example of his conspicuous consumerism.

David had gotten $8.3 million for his oceanfront sunset island house in Miami. Apart from his nightclubs and restaurants in Miami and the nightlife, the king is also working on the Goodtime hotel on Miami Beach’s Washington Avenue with Pharell Williams and developer Eric Birnbaum.

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What is his yearly revenue?

David Grutman’s net worth is reported to be in the millions and billions of dollars, with an annual income of around $45 million. However, the actual net worth for 2018/2019 is currently unavailable. Her main source of income is from her work as a businesswoman and entrepreneur in the hospitality industry.

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Owner of the Liv Miami and his newly formed lifestyle

LIV and Stor, two Miami Beach nightclubs owned by David Grutman, will open three food and beverage concepts as well as a retail store in the fall of 2019. His newly created lifestyle group Groot Hospitality, according to certain web sources, has won a lease at 1575 Alton Road.

Dave Grutman’s wife and their children; When do the couple meet?

He met Isabela Rangel at a function in New York City early last year. He proposed a mural in Wynwood in October. “Will you marry me?” inquired the yellow wall. She spray-painted a giant “X” next to the word “yes” in a box. They married in a ceremony at Wynwood Walls two months later.

Dave Grutman wife
Dave Grutman’ with his wife Isabela Rangel Grutman in the show Source: Instagram

Page Six has heard exclusively that David Grutman and his wife, Isabela Rangel Grutman, welcomed their second daughter on Sunday night, and her name is Vida. Kaia, the couple’s daughter, was born to them in September 2017.

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Quick facts about Dave Grutman

Full Real Name
Hospitality Entrepreneur
BirthdayJuly 3, 1974
Age (as of 2021)47 years
Place of BirthNaples, Florida, United States
ProfessionBusinessman, Entrepreneur
Net worth$50 million
NationalityAmerican
EthnicityN/A
Spouse/GirlfriendIsabela Rangel
Zodiac SignCancer
ParentsHettie Grutman
School/CollegeUniversity of Florida
Height1.72 m
Weight188 lbs.
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