LeaderPortfolio
Siegel
David Siegel
Rank #459
UNITED STATESFinance & InvestmentsWestgate Resorts

David Siegel

Net Worth
$7.98B
0% (24h)
David Siegel (1935-2025) was a prominent American entrepreneur, best known as the founder of Westgate Resorts, a leading timeshare company. His source of wealth stemmed from his ventures in the hospitality industry, particularly through Westgate Resorts. His career was marked by significant achievements in real estate and timeshare development, building a vast empire of resorts. Siegel's story is a testament to his entrepreneurial spirit and his ability to build a substantial fortune. He was married to Jacqueline Siegel.

How to read David Siegel's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For David Siegel, we anchor the narrative to Hedge funds and Westgate Resorts, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $7.98B alongside global rank #459, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (UNITED STATES) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

David Alan Siegel was born in Chicago, Illinois, on May 3, 1935. He grew up in Florida. He graduated from Miami Senior High School in 1953. He studied marketing and management at the University of Miami but dropped out. His parents were Sid and Sadelle Siegel.

Rise to Success

Siegel's career began in real estate, and he later entered the timeshare industry, founding Westgate Resorts in 1982. Under his leadership, Westgate grew into a major player in the timeshare market, with numerous resorts across the United States. He founded Westgate Resorts in 1982 with a single property, and it grew into a large empire.

Key Business Strategies

Siegel's success was built on strategic acquisitions and aggressive marketing, making Westgate Resorts the largest privately-held timeshare company in the world. The company owns and operates numerous resorts in prime vacation destinations across the United States. His business also included real estate, construction, hotel and apartment management, travel services, insurance, transportation, and retail.

Philanthropy

Following the death of his daughter Victoria from an accidental drug overdose in 2015, Siegel and his wife, Jackie, established the Victoria's Voice Foundation. The foundation focuses on raising awareness about opioid abuse and supporting prevention efforts.

Career Timeline

2025

ARDA Lifetime Achievement Award

Received the ARDA Lifetime Achievement Award from the American Resort Development Association.

2011

Founded the Siegel Family Endowment

Founded the Siegel Family Endowment to support organizations that prepare society for the impact of technology.

1982

Founded Westgate Resorts

Established Westgate Resorts, a timeshare company that became a major player in the industry.

Philanthropic Impact

Drug Awareness and PreventionUndisclosed

Victoria's Voice Foundation

Foundation established after the death of his daughter Victoria to raise awareness of opioid abuse and support prevention efforts.

Net Worth History

In-Depth Analysis

Early Life

David Alan Siegel was born in Chicago, Illinois, on May 3, 1935. He grew up in Florida. He graduated from Miami Senior High School in 1953. He studied marketing and management at the University of Miami but dropped out. His parents were Sid and Sadelle Siegel.

Rise to Success

Siegel's career began in real estate, and he later entered the timeshare industry, founding Westgate Resorts in 1982. Under his leadership, Westgate grew into a major player in the timeshare market, with numerous resorts across the United States. He founded Westgate Resorts in 1982 with a single property, and it grew into a large empire.

Key Business Strategies

Siegel's success was built on strategic acquisitions and aggressive marketing, making Westgate Resorts the largest privately-held timeshare company in the world. The company owns and operates numerous resorts in prime vacation destinations across the United States. His business also included real estate, construction, hotel and apartment management, travel services, insurance, transportation, and retail.

Philanthropy

Following the death of his daughter Victoria from an accidental drug overdose in 2015, Siegel and his wife, Jackie, established the Victoria's Voice Foundation. The foundation focuses on raising awareness about opioid abuse and supporting prevention efforts.

Data Sources & Methodology

Figures for David Siegel are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.