Another look at a wealthy family’s aspirations to construct one of the largest houses in the United States may be seen in Discovery Plus’s reality show, Queen of Versailles Reigns.
The second season, which began filming in March 2022, follows David A. Siegel and his wife Jackie as they manage the building of a massive, 90,000-square-foot home in Windermere, Florida.
Tenants, please avert your eyes now. What is David’s total wealth at this time? I wonder how many mansions he can afford.
What is Jackie Siegel’s deal?
American Jacqueline Jackie Siegel is known for her work in the fashion and entertainment industries. She plays a significant role in Lauren Greenfield’s 2012 documentary The Queen of Versailles.
In 1993, she took home the crown as Mrs. Florida America. She is currently the owner and director of the Mrs. Florida America pageant. She appeared on an episode of “Celebrity Wife Swap” in 2015.
Read More: Rick Astley Net Worth 2022: The Real Flex of His Income
An Overview of David Siegel’s Profession
Siegel co-founded the Orlando attraction Mystery Fun House in 1976, and it remained open until 2001. Night Terror (2002), which Siegel also produced, is a horror film.
At present, he serves as president and CEO of Westgate Resorts, Ltd., a booming timeshare business.
Aside from his position at Westgate, he also serves as the chief executive officer of Central Florida Investments, Inc. and Central Florida Investments Resorts Management, Inc. Diversified across the transportation, retail, telecommunications, and building industries are some of his many investments.
Siegel, who was formerly worth more than $1 billion, saw a significant decline in his fortune as a result of the financial crisis of 2008. In 2012, he made news for saying he would dismiss everyone who worked for him if Obama was reelected.
Career
But he didn’t end up carrying out his threat. While appearing on the 2015 season of “Celebrity Wife Swap,” he and actor Jeremy London traded spouses ( ABC).
Professional Life Mystery Fun House, an Orlando attraction founded by Siegel, first opened to the public on March 29, 1976, and closed in 2001. In 2002, he produced the film Night Terror.
He is the current President and CEO of Westgate Resorts, Ltd., the highly successful timeshare firm he started.
He is the chief executive officer (CEO) of both Westgate and Central Florida Investments (CFI) Resorts Management (CFIRM). His investing firm is involved in a wide range of industries, including tourism, shipping, retail, telecommunications, and building.
Once worth more than a billion dollars, Siegel saw his wealth erode as the economic downturn of 2008 hit his many business holdings hard.
Back in 2012, he made waves when he emailed his entire staff and threatened to dismiss them if President Obama was re-elected. This threat was not followed through on by him.
While on the set of the ABC reality show “Celebrity Wife Swap” in 2015, he temporarily switched places with actor Jeremy London.
Net Worth
American business magnate David. A. Siegel has a net worth of $500 million. Siegel is well-known for establishing the Florida-based timeshare resort company Westgate Resorts. At the company, he holds the position of president and CEO.
The documentary “The Queen of Versailles,” about Siegel and his wife Jackie as they attempted to create one of the largest and most expensive residences in US history in Florida, was nominated for an Academy Award.
Towards the end of the article, you’ll find a lot more information about the documentary and the home itself.
Read More: Rick Astley Net Worth 2022: The Real Flex of His Income
Intimate & Personal
Sadelle and Sid Siegel opened a grocery store in Miami, Sid’s birthplace, in 1945. He is a native Floridian who completed high school at Miami Senior in 1953 and went on to study marketing and management at the University of Miami before ultimately abandoning his academic pursuits.
Siegel wed Geraldine Florence Sandstrom in March 1961, and the couple went on to have three children. After their marriage in Miami ended in 1968, Siegel and Betty Tucker relocated to Orlando the following year.
After they separated in 1997, he continued to have primary custody of the children. He has been married to Jackie Siegel since 1998. She is not Jewish, yet they chose to have a Jewish wedding.
Siegel’s business, family, and personal life were all impacted by the 2008 financial crisis, as depicted in the documentary The Queen of Versailles.
Victoria Siegel, the 18-year-old daughter of the Siegel family, was discovered unconscious in her Windermere home on the night of June 6-8, 2015.
She was rushed to the hospital, where she was later confirmed dead. Substance abuse was a major issue in his life, and his death from an overdose was a wake-up call.
Leave a Comment