Landgerber net worth
Rande Gerber Net Worth: Rande Gerber is an American entrepreneur and former model who has a net worth of $400 million. Rande Gerber was born in the Five Towns area of Long Island and graduated from the University of Arizona with a degree in Marketing. He modeled for many years before shifting his focus to business. He is the owner and operator of a chain of bars and lounges called Midnight Oil. His two brothers, Scott and Kenny, also work at the company. In addition to running the popular chain, he is also married to supermodel and businesswoman Cindy Crawford. The two married in 1998 and have two children. Delta Air Lines began serving its signature line of cocktails designed by Mr. Gerber in 2007. He has also appeared on two reality TV shows about Hollywood and is good friends with George Clooney and Kid Rock and other Hollywood stars.
Casamigos Tequila: Rande Gerber, George Clooney and real estate mogul Michael Meldman are the founders of Casamigos Tequila. The trio initially launched the brand as a private label with the aim of serving tequila to friends and family. They turned the brand into a public brand in 2013. On June 21, 2017, Clooney, Gerber and Melderman agreed to sell Casaamigos to alcohol group Diageo for $1 billion. They will receive $700 million in cash and $300 million in bonuses that will be paid based on future performance goals.
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real estate: Cindy and Rand have owned or owned a number of impressive properties over the decades. Some notable examples include:
In 1998, Rande and Cindy purchased their first waterfront home in Malibu for $1.85 million. They listed the home for $7.5 million in 2019. They rented the house for $45,000 a month before putting it on the market.
In 1999, the Crawford-Gerber family paid $4.8 million for a large waterfront property in Malibu. In 2015, they bought two parcels next door for $50.5 million to build a 6-acre compound. In 2018, half of the property sold for $45 million.
In 2017, they paid musician Ryan Tedder $11.625 for a mansion in Beverly Hills.
They previously owned a mansion in the ultra-exclusive El Dorado Golf and Beach Club community in Los Cabos, Mexico. Rand’s tequila partner George Clooney owns the house next door. In April 2016, a Mexican billionaire bought two homes for $100 million in a lump sum of $50 million each.
They previously owned a 23-acre piece of land in the Malibu Hills that used to be a children’s camp. They bought the property in 2014 for $6 million and spent millions on upgrades and renovations before selling it in 2016 for $13.3 million.
