| Full Name | David Grutman |
|---|---|
| Net Worth | $100 million (estimated) |
| Born | July 3, 1974 |
| Age | 49 years old |
| Place of Birth | Naples, Florida, USA |
| Occupation(s) | Entrepreneur, Nightclub Owner, Restaurateur, Hospitality Mogul |
| Education | University of Florida (Bachelor’s degree in Finance) |
| Career | – Founder and CEO of Groot Hospitality |
| – Owner of popular Miami nightclubs such as LIV and Story | |
| – Owner of restaurants including Komodo and Swan | |
| – Hospitality ventures including hotel collaborations | |
| Wife | Isabela Rangel Grutman |
| Children | Daughter – Kaia Grutman |
David Grutman is an American businessman and entrepreneur who has a net worth of $50 million. He is known for owning and partnering in several restaurants and nightclubs in the Miami, Florida, area. Rolling Stone magazine has listed Grutman as one of the 50 most important people in electronic dance music. In this blog, we will explore how Grutman achieved his success and what his current ventures are.
Early Life and Education
David Grutman was born in Naples, Florida, in July 1974 to a Jewish family. He graduated from Barron G. Collier High School in 1993 and holds a degree in finance from the University of Florida. He started his career in the hospitality industry by working as a bartender and manager at various clubs in Miami.
Life and Story
In 2008, Grutman opened the LIV nightclub at the Fontainebleau Miami Beach hotel, and it became the fifth-highest-grossing nightclub in the United States in 2014. LIV attracts celebrities, athletes, and musicians and hosts events such as the Ultra Music Festival and Art Basel. Grutman subsequently opened the club Story in 2013, which also became a popular destination for nightlife enthusiasts.
See also: David Friedberg Net Worth
Komodo, OTL, Swan, and Bar Bevy
Grutman expanded his portfolio by opening the restaurant Komodo in 2015, which serves Asian fusion cuisine and features a three-story indoor/outdoor lounge. He also opened the café OTL in 2017, which offers coffee, sandwiches, and pastries in the Design District. In 2018, he partnered with Pharrell Williams to open the restaurant Swan and the lounge bar Bevy, which serve modern European dishes and cocktails in a chic setting.
Planta South Beach and Papi Steak
In 2018, Grutman also opened the restaurant Planta South Beach, which is a vegan eatery that aims to promote plant-based dining and sustainability. He followed up with the opening of a high-end steakhouse in South Beach, FL, called Papi Steak, in 2019, which is co-owned by rapper Drake and serves kosher-style steaks and seafood.
Groot Hospitality and Live Nation Entertainment
In 2018, Grutman founded Groot Hospitality as a holding company for his ventures. In 2019, he sold a majority stake in the company to Live Nation Entertainment, the world’s largest live entertainment company. This deal gave Grutman access to Live Nation’s network of artists, venues, and events and allowed him to expand his brand globally.
Conclusion
Grutman is one of the most successful and influential figures in the hospitality and entertainment industry. He has built a fortune by creating and managing some of the hottest nightclubs and restaurants in Miami. He has also partnered with celebrities and corporations to grow his business and reach new markets. He is a visionary entrepreneur who has transformed the Miami nightlife scene and set trends for the future.
Frequently Asked Questions about David Grutman
- Who is David Grutman?
David Grutman is an American entrepreneur, nightclub owner, and restaurateur known for his prominent presence in Miami’s hospitality scene. - What is David Grutman’s net worth?
David Grutman’s net worth is estimated to be around $100 million. - When was David Grutman born?
David Grutman was born on July 3, 1974. - Where was David Grutman born?
David Grutman was born in Naples, Florida, USA. - What is David Grutman’s occupation?
David Grutman is primarily known for his roles as an entrepreneur, nightclub owner, and restaurateur. - Where did David Grutman go to college?
David Grutman attended the University of Florida, where he earned a Bachelor’s degree in Finance. - What are some of David Grutman’s career highlights?
- Founder and CEO of Groot Hospitality.
- Owner of popular Miami nightclubs such as LIV and Story.
- Owner of restaurants including Komodo and Swan.
- Involvement in various hospitality ventures including hotel collaborations.
