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David Parnes Net Worth

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David Parnes's Net Worth as of 2024
$16 Million

David Parnes was born on 21 March 1982, in London, England, and is a real estate agent and television personality, probably best known for being a co-founder and partner in Bond Street Partners real estate company, and for starring in the Bravo reality television series “Million Dollar Listing Los Angeles”.

So just how wealthy is David Parnes at present? According to sources, in mid-2016 Parnes has established a net worth of over $16 million, which he has mostly earned through his involvement in the real estate business, but also through being a cast member of “Million Dollar Listing Los Angeles”. Parnes’ assets include a new luxury 4,200 square foot home in West Hollywood.

David Parnes Net Worth $16 Million

Parnes grew up in a Jewish family in London, and attended the University of Manchester, graduating with his BA degree with Honors in Economics and Politics. He then started working at a hedge fund, and went on to represent a private portfolio of real estate assets in Europe, negotiating a number of top deals with wealthy clients. After spending several summers in the USA, he moved to Los Angeles in 2009.

In 2011 Parnes co-founded the real estate company called Bond Street Partners, along with his childhood friend James Harris. The company, which specializes in residential real estate, commercial estate and investment properties, is a sub-division of the massive real estate company The Agency, owned and operated by Mauricio Umansky. Parnes’ company developed a long list of international and domestic clients in a quite short period of time – in 2013 the company sold $270 million in real estate, with its gross sales being estimated at $120 million, with another $150 million in escrow. In 2014, it sold over $165 million, and over $250 million in 2015. It has established major sales in places such as Hollywood Hills, Bel Air, Beverly Hills, Malibu, Pacific Palisades and Brentwood. The company’s clients often include business managers, producers, agents, and various celebrities, such as the professional basketball player Kris Humphries, to whom Parnes sold a property in Beverly Hills for more than $6 million.

Other famous listings the company has made include the property in L.A.’s Melrose Place, with the clothing stores of famous designers Oscar De La Renta, Chloé, and Mary-Kate and Ashley Olsen’s store The Row, the Hustler store on Sunset Blvd., which the company sold for more than $18 million to developer Zach Vella and the property in Faring Road in Holmby Hills sold for $30 million, in which the partners represented both the buyer and the seller. Bond Street Partners has become one of the most successful real estate companies in Los Angeles; its success has enabled Parnes to become a recognizable figure in LA’s real estate market, and to accumulate a considerable net worth.

In 2014 Parnes became a cast member of Bravo’s real estate reality television series “Million Dollar Listing Los Angeles”, along with his partner Harris. The show portrays the lives of four real estate agents negotiating various business deals, and earning big money in the process. Parnes joined the show during its seventh season and has since remained one of the regular cast members. The show has significantly contributed to his fame and to his net worth as well.

Parnes’ involvement in the real estate business has made him one of the most famous and most successful LA brokers, bringing him accolades such as being named in Hollywood’s Top 25 Real Estate Agents by The Hollywood Reporter in 2014, 2015 and 2016. He was also selected for the Wall St. Journal Real Trends list for 2015 and 2016.

When speaking about his private life, Parnes has been engaged to Adrian Abnosi since 2015, with Parnes putting a luxurious Lorraine Schwartz-designed, 4-carat diamond ring on his fiance’s finger.

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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