Queen of Versailles Reigns, a Discovery Plus reality show, revisits the efforts of a wealthy family to construct one of the largest houses in the United States.
Commenced filming once more in March 2022, this time documenting the trials David A. Siegel and his wife, Jackie, confront as they direct the building of a massive, 90,000-square-foot mansion in Windermere, Florida.
Renters, please look aside now. What is David’s total wealth at this time? When it comes to mansions, how many can he afford? David A. Siegel established a sizeable fortune that allows for the purchase of expensive furnishings and other luxuries.
David’s success in business and his ability to amass a fortune as president and creator of Westgate Resorts are beyond reproach. He also started Central Florida Investments Inc in 1971 and has been its CEO ever since.
David is also the mastermind of the Orlando-based company CFI Resorts Management Inc. As a point of reference, it has been reported that CFI Resorts Management Inc. employs about 5,000 people. To put it another way: the company pulls in a healthy profit.
His current net worth is reportedly $500 million, according to Celebrity Net Worth. Before, Forbes assessed his wealth at $900 million in 2016.
Childhood and Adolescence
David A. Siegel, who now lives in Florida but was born on May 3, 1935, in Chicago. Sadelle and Sid Siegel, a grocery store owner, had David when he was ten years old, and that’s when the family and their business relocated to Miami.
After completing his high school education at Miami Senior in 1935, Siegel enrolled at the University of Miami to study business administration and marketing. He never completed his degree.
Mystery Fun House, an Orlando attraction founded in part by Siegel, first opened to the public on March 29, 1976, and closed in 2001. In 2002, he also produced the horror 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.
Prior to the financial crisis of 2008, Siegel’s net worth was estimated at over $1 billion. He gained notoriety in 2012 after he sent his entire workforce a warning to terminate their employment if President Obama was re-elected.
He didn’t actually do what he threatened to do. He and actor Jeremy London temporarily became husband and wife on the ABC reality show “Celebrity Wife Swap” in 2015.
Siegel’s family now includes eleven children, nine of his own and two adopted. In 1961, he wed Geraldine Florence Swanstrom; their marriage lasted till 1969. Siegel and Betty Tucker tied the knot in 1970 and stayed together until their divorce in 1997. All of the kids still lived with him as of now.
In 1998, he met the woman who would become his wife, Jackie Siegel; the couple wed in a Jewish ceremony in 2000. Victoria Siegel, the Siegels’ 18-year-old daughter, was discovered comatose in the family’s Windermere home in June 2015.
A hospital pronounced her dead shortly after her arrival. Her death was deemed a drug overdose, and this fact has made David a vocal opponent of drug use.
Former Westgate employee Dawn Myers won a sexual harassment lawsuit against David Siegel in 2008. The jury in her Florida trial initially awarded her $5.4 million, but the judge later cut the amount to $610,000.
Myers was awarded $506,847 in punitive damages for her allegation of battery under state law, in addition to the $103,622 in compensatory damages.