David Grutman is an American entrepreneur and businessman with a net worth of $55 million throughout his career. In Miami, Florida, he is well-known for his ownership of, as well as his partner in, several restaurants and nightclubs. Rolling Stone magazine recognized David Grutman as one of the 50 most influential persons in the field of electronic dance music and included him on their list.
Here you can find David Grutman Net Worth, Biography, Age, Wife, Height, Weight, Family, Career, Education, and Social Media along with a great deal more information, on this page.
Quick Facts On David Grutman Net Worth 2023, Age, Wife, Height, Weight, Family, Career, Education, Homes, Automobiles, and Social Media
David Grutman Birthplace | Florida, Naples. |
David Grutman Birthdate | 3rd July 1974 |
David Grutman Gender | Male |
David Grutman Age | 49 years old |
David Grutman Height | 5 feet 11 inches |
David Grutman Nickname | Dave |
David Grutman Weight | 80 kg |
David Grutman Eye Color | Green |
David Grutman Hair Color | Dark Brown |
David Grutman Nationality | American |
David Grutman Ethnicity | White |
David Grutman Zodiac Sign | Cancer |
David Grutman Father | Charles Grutman |
David Grutman Mother | Hettie Grutman |
David Grutman Wife | Isabela Rangel |
David Grutman Children | 2 daughters |
David Grutman Marital Status | Married |
David Grutman Profession | Businessman |
David Grutman Net Worth | $ 55 Million |
David Grutman Net Worth 2023
It is estimated that David Grutman net worth is about $55 million. David is a successful American investor and businessman, which is how he makes his income. He has become well-known because he owns many nightclubs and restaurants in Florida and Miami.
According to the sources, his yearly salary is said to be $5 million as of the year 2023. His hospitality-related business endeavors and investments are the key income generators in his career. The income he could generate from his club was around sixty million dollars, making it the fifth most lucrative company he had. Also, read – Brock Davies Net Worth
Who is David Grutman?
David Grutman is a well-known name in the world of business. His birth name is also David Grutman. Additionally, David is a successful business leader and entrepreneur in the United States. David is an influential and well-known figure in the United States.
Additionally, they refer to him as “The King of Miami Nightlife.” In the city of Miami, Florida, he is known for establishing a large number of nightclubs and restaurants. After this, David’s fame skyrocketed to new heights.
David Grutman Early Life
David Grutman is born in Naples, Florida, in the United States on July 3, 1974. Her nationality is that of the United States. For his secondary schooling, David attended a high school in the neighborhood. He received his degree in finance from the University of Florida and his diploma from Barron G. Collier High School, which he received in 1993.
David Grutman Age/Weight/Height
In the year 2023, David reached the age of 49. He is a tall man, standing at 5 feet 11 inches. His weight is somewhere around 64 kg.
David Grutman Career
David started his professional life in 2008 with the opening of his first nightclub, which was located inside the Fontainebleau Miami Beach hotel. His lounge had a strong following and eventually became the third most profitable nightclub in the United States. His club was the fifth most lucrative company in 2013 and contributed around $60 million that year to his earnings. Following that, he intended to launch his company in other places, like Las Vegas, Dallas, and Dubai.
2013 was the year that he also opened his restaurants and other clubs in Komodo, including swan and café OTL. In 2019, he also owned the upscale steak house restaurant FL PAPI Steak in South Beach. The restaurant is located on Collins Avenue. In addition, he was promoted to manager of the Biz Bistro. In 2020, he and his business partner, notably associated with the China grill restaurant chain, created a new restaurant called KOMODO.
David Grutman Wife/Girlfriend

In 2016, David wed Isabela Rangel, and they had a child. They are parents to two little girls, Kaia, born in 2017, and Vida born in 2019. David is blessed with a joyful family. They congregate at one other’s homes while maintaining their privacy. After some time of dating, this pair ultimately decided to be married. Their bond is powerful, and together they make a wonderful family. Also, read – Molly Yeh Net Worth
David Grutman Children

There have been six years of marriage between David and Isabela. They currently have two children between them. Their first child, a daughter named Kaia Sof Grutman, was born on September 21st, 2017. Vida Grutman, their youngest child, was born on May 5th 2019.
David Grutman Restaurant
It is well known that he is the owner of and a partner in a number of nightclubs and restaurants in the Miami, Florida region. Some of these establishments include Komodo, Swan, Bar Bevy, OTL, Papi Steak, and Strawberry Moon. In addition to that, he is the owner and operator of a number of nightclubs, including Story and LIV at Fontainebleau.
David Grutman Collection of Homes and Automobiles
David Grutman owns a black beast of a boat made by VanDutch that costs 1.7 million dollars and looks more like a very private space shuttle than a vessel designed for the sea. In addition to this, he and his wife, Isabela, reside on Sunset Island in a mansion that is absolutely breathtaking, enormous, and elegant; it is designed in the Mediterranean style and costs billions of dollars. Aside from that, not little is known about the automobiles that are included in his collection. Check – Nia Long Net Worth
Who is the owner of LIV nightclub Miami?

David Grutman owns the LIV nightclub. It is said that when he was in Ibiza, he became aware of electronic dance music and began playing it at his club. It brought in a large number of people, which increased income from $25 million to $40 million for the club. Additionally, it developed into one of the pioneering popular EDM nightclubs in the United States.
The LIV club was ranked as the fifth most lucrative nightclub in the United States in 2013. It brought in between $45 and $60 million at the end of 2013. Rolling Stone magazine recognized David Grutman as one of the 50 Most Important People in EDM in 2014.
Because of the club’s tremendous success, he is considering establishing more locations in Las Vegas, Dallas, and Dubai. In addition to it, he launched nightclubs and restaurants in Swan, such as Cafe OTL and Komodo. It is said that he owns the upscale steakhouse FL PAPI Steak, which is located in South Beach.
Recently, he joined Pharrell Williams in running the Bar Bevy as a business partner. The Key Club is his most recent addition to the Groot Hospitality group of establishments. Check – Drick Parrish Bio
David Grutman’s interview
The tycoon sat down with Rich Kleiman in January 2021 to talk about how he started from nothing and turned Groot Hospitality into a successful business. During the conversation, he discussed the collaboration that he had had with Pharrell Williams.
He talked openly about his early days as a bartender and his unsuccessful effort to launch and manage a nightclub at the beginning of his career. During the conversation, Grutman discussed his goals for New York City nightlife. Check – Dan Pena Net Worth
David Grutman Facts
- On July 3, 1974, David Grutman entered this world in Naples, located in the state of Florida, in the United States of America.
- As of 2019, he is 45 years old, and the sign of Cancer describes him well.
- The identity of his father is still unclear, but his mother, Hettie Grutman, is his mother. He is the son of Hettie Grutman.
- David is of white heritage and American nationality. He is also an American citizen.
- He attended the University of Florida, where he was awarded a bachelor’s degree in finance in 1997.
- In 2014, David was recognized by Rolling Stone magazine as one of the 50 Most Important People in the Electronic Dance Music industry.
- He has worked with various famous DJs and acts, ranging from DJ Khaled to Cedric Gervais.
- He is believed to bring in roughly $45 million in yearly revenue.
- In Miami, Florida, in the year 2016, he tied the knot with Isabela Rangel, an American model.
- On September 21, 2017, he became a father for the first time to Kaia Sof Grutman.
- Both David’s eyes and hair have a rich dark brown color.
- David is on many social media sites, including Instagram and Twitter.
David Grutman Social Media
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FAQs About David Grutman Net Worth
Why is Dave Grutman so well-known?v
Businessman David Grutman is highly recognized. He is an American entrepreneur and business leader. He is well known for being an entrepreneur and innovator in the hotel industry.
When was David Grutman born?
David Grutman is 49 years old and was born on July 3rd, 1974.
Who was the first spouse of Dave Grutman?
David Grutman’s first spouse was Isabela Rangel, with whom he wed in 2016.
What is the estimated David Grutman net worth?
David Grutman is estimated to have a net worth of $55 million.
Who is LIV Miami’s owner?
In several Miami-based restaurants and nightclubs, David is an owner and partner.