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Bruce Meyer Net Worth

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Bruce A. Meyer's Net Worth as of 2024
$100 Million

Bruce A. Meyer, born in Los Angeles, California USA, to Ruth and Fred Meyer, the former owners of the retail store Gaery’s Beverly Hills, is a real estate investor and car collector, the former chairman of the Petersen Automotive Museum and president of Geary’s. He is best known for being an iconic car enthusiast in car collector circles nationwide.

A legendary car collector, how loaded is Bruce Meyer? According to sources, Meyer has amassed a net worth of over $100 million, as of late 2016. His wealth has been established through his involvement in the Geary’s, and during his career as a real estate investor. Meyer’s assets include his world-class collection of dozens of rare cars, motorcycles and related memorabilia from all around the world.

Bruce Meyer Net Worth $100 Million

Meyer developed a strong passion for cars during his childhood years. Hiding from his parents, he rode motorcycles on weekends and attended various races and car shows. Upon his graduation from the University of California, Berkeley in the mid-’60s, he began to work as a bartender and later took a job as unit control supervisor in a department store. Shortly after, he became involved in the family business, the retail store Gaery’s Beverly Hills, expanding the store’s offerings through the launch of a successful mail order business and partnering with major names such as Baccarat and Lalique. In doing so, Meyer turned Gaery’s into one of the country’s pre-eminent destinations for luxury dinnerware and gifts. As the company’s president, he ran the business successfully for 30 years, establishing a considerable net worth. He sold the company in the ’90s, retaining some management responsibilities and a minority stake in the company.

In the meantime, Meyer became involved in real estate, launching his Meyer Pacific real-estate investment and development company in Beverly Hills. Over the years, he has established himself as a successful real estate professional, building an impressive portfolio of prime commercial properties, which has been another source of his extraordinary wealth.

Bruce was the first chairman of the Petersen Automotive Museum in Los Angeles, and is the founder of its support group the Checkered Flag 200. The museum has one gallery with a rotating selection of Meyer’s cars. Meyer began to collect cars right after his college graduation. The first one he bought was a 1955 300 SL Mercedes Gullwing. Upon returning from a Europe tour, he bought his first Porsche 911, and his next collecting choices came to be 1920s and 1930s high-performance classics, such as Pierce-Arrows and Duesenbergs. In the ’80s, he started buying historic hot rods, such as the Pierson Brothers’ coupe. Known as purveyor of hot rod history and heritage, he even succeeded in adding the hot rod class to the Pebble Beach Concours d’Elegance. Today, the hot rods make up almost a third of Meyer’s collection.

Meyer’s collection now numbers in the dozens, and is located in a Beverly Hills garage which looks like a gallery, displaying works of automotive art, ranging from rare American muscle cars and classics such as a 1929 Duesenberg Murphy convertible coupe and a 1929 Bentley that Meyer piloted in a classic rally with Louis Vuitton, and race cars like the 1952 Indianapolis 500-winning Agajanian Special, the first Corvette to run LeMans, a 1957 Ferarri Testa Rossa and a class-winning 1961 250GT Ferrari SWB Berlinetta. The custodian of hot rods, Mayer’s collection includes a 1932 Ford Doane Spencer roadster and a Bonneville Salt Flats belly tanker. His sports cars include the first production Shelby Cobra, a 250 GT SWB and a 275 GTB/4 from Ferrari. There are also dozens of perfectly restored motorcycles, and other rarities from Mercedes-Benz, Duesenberg, Jaguar, Bentley and Bugatti. His collection also houses a hydroplane named “Miss Daytona”. The extraordinary collection is worth a fortune.

Meyer has participated in numerous car shows and events throughout the country. He has won eight times at the famous Pebble Beach Concours d’Elegance event.

Meyer has also been on the boards of the Nethercutt Collection and the Mullin Automotive Museum, as well as on the steering committees for the Pebble Beach Concours d’Elegance and the LeMay Museum.

In his private life, Meyer is married to Raylene, and the family resides in Los Angeles.

As the Managing Editor at NetWorthPost, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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Actors

Jeff Beitzel Net Worth

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Jeff Beitzel was born in the United States of America, and was a businessman and reality television personality, best known for establishing several successful automotive companies such as Quantum Fuel Systems, of which he was the COO, and also for starring in the reality show “The Real Housewives of Orange County”. All of his efforts helped put his net worth to where it was prior to his passing.

How rich was Jeff Beitzel? As of early-2017, sources inform us of a net worth that was at $3 million, mostly earned through the success of his numerous companies. He helped create and expand several automotive businesses, serving in high positions in them. He reportedly earned a salary of $725,000, but all of his achievements ensured the position of his wealth.

Jeff Beitzel Net Worth $3 million

Jeff attended Lehigh University, and would graduate with a degree in mechanical engineering. After his studies, he started working at the Ford Motor Company, and after gaining a lot of experience, he began establishing his own automotive businesses, which included Quantum Fuel Systems Technology; the company focuses on fuel storage, fuel efficiency, and natural forms of fuel. Beitzel eventually rose up to become the COO of the company in 2005. Other groups he worked for include Tecstar Automotive Group (formerly Starcraft Corp.) and Powertrain Integration. He served as the Co-Chief Executive Officer of Tecstar and was the president of Tecstar subsidiaries, as well as the President of Powertrain Integration. Quantum Fuel Systems eventually merged with Tecstar, but Powertrain Integration on the other hand focuses on powertrain solutions including highway systems, alternative fuels, and other services. Thanks to all of these endeavors, his net worth continued to increase.

Jeff eventually became engaged to reality television star and businesswoman Gretchen Rossi. Since then, he started appearing in the hit reality TV show “The Real Housewives of Orange County”, which helped somewhat in increasing his net worth further. The show started in 2006 airing on Bravo TV, its premise being to show the professional and personal lives of several women residing in Orange County. Rossi started appearing in the show during the fourth season, and Jeff started getting featured on the show when they became engaged. The show also featured his battle with leukemia.

For his personal life, it is known that Jeff was married five times before becoming engaged to Rossi; he passed away in 2008 from leukemia. After his death, his ex-wife and three children started challenging Rossi in the press, claiming the Beitzel never really intended to marry her. The issue was also brought out because it was reported that Jeff left Gretchen several million dollars in his estate. Despite this, Rossi has shrugged off most of the statements against her and even dedicated a social media post to Jeff during the anniversary of his death. She’s also reported to have spent time with his kids, even amidst rumors of infidelity during their relationship. One of Jeff’s children has commented that all the publicity didn’t really matter, because in the end his father loved Rossi.

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Billionaires

Gautam Adani Net Worth

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Gautam Shantilal Adani was born on the 24th June 1962, in Ahmedabad, Gujarat, India and is a businessman, widely known as a founder and the chairman of the multinational conglomerate Adani Group. Adani has been active in the business of coal mining and gas distribution since 1988.

How much is the net worth of Gautam Adani? It has been estimated by authoritative sources that the overall size of his wealth is as much as $8.8 billion, as of the data presented in the middle of 2017. Adani Group is the main source of Adani’s fortune.

Gautam Adani Net Worth $8.8 Billion

To begin with, the boy with his seven siblings, was raised in Ahmedabad by his parents Shanta and Shantilal Adani. He was educated at the Sheth Chimanlal Nagindas Vidyalaya school, then entered Gujarat University to study commerce, yet he dropped out.

Currently, the billionaire Gautam Adani owns the largest brand of oil in India. The company was founded in 1988, with Gautam the founder and current president. He said he created his Group with a vision of Nation Building, that is to say by developing assets that he believes are important economic issues for the country. The Adani Group has grown rapidly by diversifying into import – export – it opened its own port in Mundra, to better control its trading operations. Construction began in 1995 and in 1998 it became one of the major sources of foreign exchange for India.

The following year, the company embarked on financial and energy speculation with coal trading, and soon created a joint venture (Adani Willmar) in the field of petroleum products trading in 2000. A second phase began for the group with the creation of large infrastructures. The company created a portfolio of ports, power stations, mines and a fleet of ships and railway lines in and out of India. In 2006, the company became the largest importer of coal in India – 11 million tons. Adani sought to be less dependent on the coal market, so he started to buy and control coal mines. Thus, he bought the Australian group Linc Energy, in order to supply the group’s coal-fired power stations. In 2008, he bought the Bunyu mine in Indonesia , with 180 million tons of coal reserves, and the following year, Adani Group became an energy company, producing 330 MW of thermal energy. In 2011, the group also decided to buy the exploitation rights of a large part of the Galilee coal basin in Australia. To prepare for the import of Australian coal, he ordered a large-capacity coal terminal at Mundra (the largest in the world) and in the same year he bought the Australian port of Abbot Point. This project is yet to come to fruition.

In 2012, the Group began a 3rd phase of development as integration infrastructure, renewing its logo and developing a new identity. The company focuses on three areas: resources, logistics and energy. Subsequently, under the direction of Gautam Adani, the Adani Group became a multinational conglomerate active in the production of electricity – especially through coal – and port terminals, logistics and agribusiness. It is India’s largest developer and port operator. The Group is the major source of Gautam Adani’s net worth.

Finally, in the personal life of Gautam, he is married to Priti and they have two children.

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