Reports about Rande Gerber net worth have always amazed people. The reason is, Cindy Crawford’s husband has a total wealth of hundreds of millions of dollars.
Further, the source of his wealth is mostly from his business in the entertainment industry. He has founded many companies and partnered with classy partners.
Apart from Rande Gerber net worth, other aspects such as personal life, career, and others are no less interesting.
Thus, here are some incredible facts about it.
|1||Stage Name:||Rande Gerber|
|2||Legal Name:||Rande Gerber|
|3||Date of Birth:||April 27th, 1962|
|5||Height:||6 ft 1 in (185 cm)|
|6||Net Worth:||$350 million|
|7||Income per year:||Approximately $49 million|
|8||Profession:||Businessman, former model|
|9||Nationality:||United State of America|
Who is Rande Gerber?
The easiest thing to describe Rande Gerber is as Cindy Crawford’s husband. Otherwise, this page presents many other interesting facts about him.
Indeed, the public knows Rande Gerber as a successful entrepreneur in the entertainment industry.
Also, he owns Midnight Oil and the Gerber Group, a nightlife-based company. For instance, his businesses include restaurants, bars, lounges, and so on, with branches worldwide.
Hence, with a successful business worldwide, Rande Gerber net worth is approximately $350 million in early 2022.
He is still growing the companies today.
- Rande Gerber is the legal name and nickname.
- Date of Birth. April 27th, 1962
- Gender & Height. A male of about 6 feet 1 inch (185 cm)
- Nationality. United States of America
Rande Gerber is an entrepreneur in the entertainment industry. He is also the founder of several well-known companies, such as Midnight Oil and Gerber Group.
Apart from being a successful businessman, Randy Gerber’s name sticks out because of his marriage to famous model Cindy Crawford in 1998.
Early Life of Rande Gerber
Rande Gerber was born in Hewlett, New York, Long Island. Furthermore, his parents are Jordan Gerber and Ellen Peckman, with a background of Russian-Jewish descent.
Gerber spent childhood like any other child. Then, he attended Hewlett High School and grew up with three siblings.
Initially, he was not a businessman but an actor and model. Finally, he decided to turn into an entrepreneur until now.
- George W. Hewlett High School
- BA Marketing in University of Arizona
Rande Gerber and Cindy Crawford’s relationship began when they pursued the modeling world from a young age.
Eventually, the relationship progressed to marriage. Subsequently, they married on May 29, 1998.
Then, they have two children, Kaia Jordan and Presley Walker.
Rande Gerber’s Career
Even though he currently has a reputation as a reliable businessman, Rande Gerber does not come from a businessman family.
Likewise, this businessman came from an ordinary family.
Even so, he started his career as an actor and model. Then, he decided to focus on a nightlife-based business.
After that, he started the Gerber Group and the Midnight Oil.
In addition, he built the first venue called The Whiskey in 1991. At that time, he chose the Paramount Hotel in New York City to be the location.
After his business grew, he began to work with other partners, such as George Clooney and Mike Meldman, to develop the business.
Still, Cindy Crawford’s husband’s business has grown tremendously and has made Rande Gerber net worth grow every year.
Rande Gerber Net worth
Rande Gerber net worth is $350 million in the estimation.
Rande Gerber Businesses
Rande Gerber net worth comes from Midnight Oil and the Gerber Group, his nightlife-based company.
Therefore, he built clubs, lounges, bars, and restaurants through his company.
In 2012, he launched Caliche Rum. Then, this product turned out to be in demand and adds to the annual Rande Gerber net worth.
Additionally, in January 2013, he partnered with George Clooney and Mike Meldman and launched Casamigos Tequila.
Nonetheless, they sold this product to Diageo in 2017.
Gerber and partners entered into a contract agreement with Diageo. The purchase price is $700 million.
However, there will be an additional $300 million depending on the company’s performance.
He also founded consulting firms of Gerber Spirits, Midnight Oil, and the Gerber Group. In addition, he does a small property business.
Rande Gerber and Cindy Crawford own several million-dollar luxury homes. Thus, they bought Malibu Home in 1998 for $1.85 million.
The couple rented out the house for $45,000 per month. In 2019, they sold it for $7.5 million.
Moreover, Gerber and Crawford bought the house for $4.8 million in 1999. They then paid $50.5 million to expand the land around it.
Only later, half of the property sold for $45 million. In 2017, they spent another $11,625 to buy musician Ryan Tedder’s house in Beverly Hills.
In addition, they had a luxury residence at El Dorado Golf&Beach, Los Cabos, Mexico. George Clooney, who had a house next door, became their neighbor.
Then, two houses later sold for $100 million. Gerber and Crawford also briefly owned a 23-acre property in Malibu.
With a purchase price of $5 million, they resold it for $13.3 million in 2016. The sale and purchase of this property certainly contributed to Rande Gerber net worth.
The properties make Rande Gerber net worth dashing. But apart from investing in a house, he also has a hobby of collecting vehicles, for example:
- 1979 Jeep Wagoneer
- 1982 Jeep CJ-7
- 1989 Chevrolet Blazer
- 2012 Chevrolet Corvette Stingray
- 2013 Cadillac Escalade
- 2016 Mercedes-AMG S 63
- Mercedes 280 SL
- Bentley Continental GT Speed (For Cindy Crawford)
Even though he owns a luxury car, Gerber admitted that he still travels a lot on his old motorbike.
How does Rande Gerber Make Money?
Most of Rande Gerber net worth comes from his nightlife companies, Midnight Oil and Gerber Group.
The company provides restaurant, bar, and lounge services worldwide. He also earned a lot of money from property investment.
He is still looking for gaps to expand his business into a field that makes money. Therefore, it is no wonder that Rande Gerber net worth is always fantastic from year to year.