David Grutman

How rich is Miami’s King of Nightlife, David Grutman?

David Grutman, commonly known as The King of Miami Nightlife, is an American business executive and entrepreneur who is 41 years old. He is most known in Miami, Florida, for owning multiple nightclubs and restaurants. David Grutman’s net worth is projected to be over $50 million as of 2021.

Full NameDavid Grutman
Birth DateJuly 3, 1974
Birth PlaceNaples, Florida, U. S.
ProfessionBusiness Executive
WifeIsabela Rangel
Net Worth$50 million

Early life

On July 3rd, 1974, David Grutman was born in Naples, Florida, United States. He has not revealed any details about his parents or early life. However, we learned through reliable sources that his mother’s name is Hettie Grutman. His father, whose identity has yet to be revealed, worked for SunTrust Bank as a President.

In terms of his schooling, he attended the University of Florida and received a bachelor’s degree in finance.

David Grutman Net Worth & Career

He went on to work as a bartender after graduating in 1990. He was thought to be a fantastic bartender who received large tips from frequent clients. Even though he was dissatisfied with it, he aspires to accomplish something significant in his life. Soon after, he was promoted to manager of Biz Bistro, where he developed friendly ties with a variety of people.

In 2008, Grutman launched the LIV nightclub near the Fontainebleau Miami Beach hotel for the first time. In 2014, the hotel became the third most profitable nightclub in the United States. David ultimately opened the Club Story in 2013 after taking the first step.

David continues to broaden his commercial horizons by opening a number of eateries in different locations. He founded the restaurants Komodo and Planta South Beach, as well as the cafe OTL, the Swan, and Bar Bevy. In the year 2019, he opened FL PAPI Steak, a high-end steakhouse in South Beach.

On November 11, 2021, David appeared on a Full Send Podcast, where the host said, “You are the person that runs the Miami?” “Miami is a beautiful place,” Dave responded. “I absolutely strive to make a mark on this and I genuinely believe in this city.”

Personal Life

David Grutman is a married man who is married to Isabela Rangel, a model. In April 2016, they married in front of a star-studded crowd at Wynwood Walls. He has two children with his wife, Isabel, named Kaia Saf Grutman and Vida Rose Grutman. David is presently staying in Miami, Florida with his family and is having a wonderful time.

David is also quite active on Instagram, where he posts about his business and personal life on a daily basis. On October 29, 2021, he shared an Instagram photo of himself and his family dressed up for Halloween. “It’s a Frozen Halloween,” he captioned the Instagram photo.

David Grutman Net Worth

David Grutman’s net worth is expected to be approximately $50 million in 2021. He has amassed a large fortune via the operation of many restaurants and high-end nightclubs.

Aside from that, he earns a substantial sum through brand endorsements, commercials, and Sponsorships. After selling his Sunset Island home for $8.3 million in November, he bought the new property out of foreclosure for $10.3 million.


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