David Grutman was born on July 3, 1974, in Naples, Florida, to a Jewish family. He is the president’s son at SunTrust Bank. He completed his schooling by attending the University of Florida and earning a degree in finance. In terms of his personal life, he married Isabella Rangel, a novelist. Kaia and Vida are the couple’s two daughters.
Career
David began his career in 2008 when he established his first nightclub and hotel, Fontainebleau Miami Beach. His club grew in popularity and became the third-highest-grossing nightclub in the United States. In 2013, his club was the fifth most lucrative business, generating around $60 million in sales. Following that, he planned to expand his business to other cities such as Las Vegas, Dallas, and Dubai.
He also opened his restaurants and other clubs in Komodo, Swan, and Cafe OTL in 2013. In 2019, he also owns FL PAPI Steak, a high-end steakhouse restaurant in South Beach. He also took over as manager of Biz Bistro. In 2020, he and his partner, the China Grill restaurant chain, built another restaurant called KOMODO.
Net Worth
David Grutman’s net worth is estimated to be in the $55 million range. David makes a career as an American investor and businessman. He comes to prominence as the owner of several nightclubs and restaurants in Florida and Miami. According to reports, his annual salary will be $5 million in 2023. His principal source of income comes from his hospitality-related business activities and investments. His club was the fifth most lucrative business, generating almost $60 million in sales.
