David Grutman Net Worth, Relationships, Age/Birthdate & Birthday

David Grutman is an American hospitality entrepreneur and cultural force behind some of the most high-profile nightlife and dining venues in Miami and beyond. Renowned for transforming hospitality experiences into global lifestyle brands, Grutman combines creative vision with business acumen to build an influential empire. His journey from a Florida native to nightlife impresario has captivated media, peers, and aspiring entrepreneurs alike. 

Quick Facts

*Net worth figures vary across sources; some place it near $50 million based on entertainment and business valuations.

From Naples to Miami: Crafting a Hospitality Empire

David Grutman’s story begins in Naples, Florida, where he was born and raised in a Jewish family. His early interests were far from the glitzy world he would later dominate; instead, he focused on school and finance, eventually earning a degree in the subject before pursuing his passion in hospitality.

Moving to Miami after college, Grutman started in bartending and management roles — experiences that tuned his instincts for what people wanted in nightlife. His big break came in 2008, when he launched LIV inside the Fontainebleau Miami Beach hotel. The venue quickly became one of the most talked-about nightclubs in the country, setting the stage for an expanding portfolio. 

Defining moments in David Grutman’s journey include:

• Launching LIV, a flagship nightclub that redefined Miami nightlife.

• Opening Story, another major club in Miami.

• Expanding into world-class restaurants such as Komodo and Swan. 

• Founding Groot Hospitality to unify and grow his ventures. 

• Selling a majority stake of Groot Hospitality to Live Nation, fueling broader expansion.

The Core Pillars of David Grutman’s Wealth

David Grutman’s financial success stems from diversified ventures deeply rooted in hospitality, entertainment, real estate, and brand partnerships.

The core pillars of David Grutman’s wealth include:

• Nightclubs & Hospitality Venues — Iconic spaces like LIV and Story have generated significant revenues and cultural cachet.

• Groot Hospitality — A holding company that organizes, expands, and slots new experiences into global markets. 

• Restaurants & Bars — From Komodo to Swan and Papi Steak, these venues blend culinary artistry with nightlife energy.

• Brand Investments & Partnerships — Investments in lifestyle and consumer brands like SkinnyDipped and Vacation. 

• Hotels & Resorts — Collaborations like The Goodtime Hotel with Pharrell Williams broaden Grutman’s footprint. 

David Grutman Relationships & Personal Life

David Grutman’s personal journey has been intertwined with his professional ascent.

He married model and designer Isabela Rangel in a widely covered Miami ceremony in 2016. The couple shares a family life that occasionally appears in Grutman’s social media and public appearances, reflecting a blend of partnership and creative collaboration. 

Key insights into David Grutman’s relationships and personal life:

• Marriage to Isabela Rangel — A high-profile partnership marked by collaboration and shared public appearances.

• Family Life — Life with his spouse and their children often features in lifestyle coverage.

• Social Circles — Close ties with artists, celebrities, and cultural icons — from Pharrell Williams to DJ Khaled. 

Beyond Business: Lifestyle, Assets & Interests

Beyond his entrepreneurial drive, David Grutman’s lifestyle reflects passions for design, social connection, and curated experiences. His residences, travel routines, and public hobbies paint a picture of an individual deeply invested in both work and life celebration. 

Highlights of his lifestyle include:

• Properties in Miami Beach and other luxury markets. 

• Partnerships with figures in fashion, music, and art.

• A penchant for tennis, contemporary art, and curated entertainment. 

Net Worth Breakdown & Analysis

While estimates vary, leading public estimators place David Grutman’s net worth around $50 million, anchored in his ownership stakes and entrepreneurial ventures. 

Net worth estimates fluctuate due to private valuations, business sales, and expanding hospitality portfolios, but they all underscore Grutman’s role as a major player in lifestyle branding.

The Public Image and Legacy of David Grutman

David Grutman stands as more than a businessman: he’s a cultural architect of modern hospitality. Through venues that blend luxury, creativity, and community, he has reshaped how nightlife, dining, and social experiences are curated. Media profiles often note his dynamic energy, networking prowess, and creative vision as defining traits. 

Today, Grutman is recognized not just for profitable ventures, but for influence — in shaping Miami’s global reputation and inspiring hospitality entrepreneurs worldwide.

Conclusion

David Grutman’s trajectory — from a Naples native with a passion for hospitality to a globally recognized entrepreneur — highlights a blend of vision, intuition, and relentless execution. With a notable net worth, a celebrated birthday on July 3, a thriving relationship with Isabela Rangel, and a legacy built on unforgettable experiences, his story resonates beyond industry borders. Whether behind the scenes or in the spotlight, Grutman remains a standout figure in hospitality and lifestyle entrepreneurship.