Net Worth Ranker
What Is David Gebbia’s Net Worth?
David Gebbia, an American business executive, boasts a net worth of $150 million. This substantial wealth is primarily derived from his leadership role at Stockcross Financial Services, alongside family ventures in real estate development and sports management. His public profile received a significant boost through his appearance on “The Real Housewives of Beverly Hills” with his then-wife, Carlton Gebbia.
The Foundation of David Gebbia’s Wealth: Stockcross Financial Services
Stockcross Financial Services, a full-service and discount brokerage and investment firm, is the cornerstone of David Gebbia’s net worth. Founded in 1971 in Boston by his father, John Gebbia, the company has been headquartered in Beverly Hills for the past three decades. While specific revenue figures for Stockcross are not publicly available, the firm’s decades-long operation and management by David and his brother, John Jr., suggest a consistently profitable enterprise contributing significantly to the Gebbia family’s wealth. The firm offers various services that contribute to David Gebbia’s net worth including; brokerage services, investment advice, and financial planning, catering to a diverse clientele and generating revenue through commissions, fees, and investment returns.
While detailed financial reports of Stockcross Financial Services are not publicly accessible, industry benchmarks offer a glimpse into the potential revenue streams of a firm of its size and scope. A full-service brokerage like Stockcross typically generates revenue from several sources: commission on trades (stocks, bonds, options), fees for financial planning and advisory services, management fees for assets under management, and potential income from proprietary trading or investment activities. Discount brokerages, on the other hand, primarily rely on transaction fees, often at a lower rate than full-service firms, attracting a high volume of trades. Considering Stockcross offers both full-service and discount options, its revenue model likely incorporates elements of both. Industry reports from organizations like the Securities Industry and Financial Markets Association (SIFMA) indicate that brokerage firms with a similar operational structure and client base to Stockcross could generate revenues ranging from tens of millions to hundreds of millions annually, depending on market conditions and asset management scale. This provides a contextual understanding of how Stockcross Financial Services contributes to David Gebbia’s overall net worth.
Real Estate and Rival Sports Group: Diversifying David Gebbia’s Assets
Beyond finance, David Gebbia’s family holds interests in Gebbia Private Estates, a construction company specializing in custom luxury homes, primarily in Beverly Hills. Although the exact number of properties developed and sold annually by Gebbia Private Estates isn’t publicly available, the high-end nature of their projects suggests significant profit margins per transaction. The 12,800-square-foot home that David and Carlton shared, later listed for $22 million, exemplifies the scale and value of properties developed by the company. Even without specific sales figures, real estate development in the luxury Beverly Hills market is a substantial asset contributing to David Gebbia’s net worth.
The listing of their former residence, located in the exclusive Beverly Ridge Estates gated community, provides insight into the value of Gebbia Private Estates’ projects. Although the property hasn’t sold, its listing price of $22 million reflects the high value of luxury homes in Beverly Hills. Assuming Gebbia Private Estates typically operates with a profit margin of 15-20% on such projects (a common range for luxury home development), each successful sale would contribute several million dollars in profit. While the number of homes developed annually is unknown, even a few high-value projects per year would significantly impact the family’s overall financial standing. The company also owns other houses including; a modern house at 976 Loma Vista Dr, Beverly Hills, CA 90210. This modern masterpiece last sold for $8.5 million in March 2018 and a property at 1507 N Beverly Dr, Beverly Hills, CA 90210. As of 2024, this single-family home is assessed at $6,979,744.
Furthermore, the Gebbia family owns Rival Sports Group, a sports management firm. Details about Rival Sports Group’s client roster and revenue are not publicly disclosed. However, sports management firms typically earn revenue through commissions on player contracts and endorsement deals. The potential earnings from this venture depend heavily on the caliber and marketability of the athletes represented. For instance, a sports management agency representing a player with a $20 million annual salary and several lucrative endorsement deals could generate millions in commission revenue annually, however, the agency represents lower level athletes which would mean less income. Although the exact contribution of Rival Sports Group to David Gebbia’s net worth is unknown, it adds another layer of diversification to his asset portfolio.
Carlton Gebbia’s Contribution and the Impact of Divorce
Carlton Gebbia, David’s ex-wife, brought her own skills and experience to the family’s ventures. Her role as the in-house interior design expert at Gebbia Estates likely contributed to the appeal and value of the luxury homes developed by the company. While her income from acting and writing children’s books may be comparatively modest, her expertise in interior design likely added value to the Gebbia’s real estate projects, increasing David Gebbia’s net worth. While Carlton’s role might not have directly translated to a substantial monetary income, her contribution to the aesthetic appeal and marketability of Gebbia Estates’ properties indirectly enhanced the company’s profitability. Luxury homes are highly dependent on sophisticated interior design, and Carlton’s role in this aspect of the business likely contributed to the high market value of the properties. Her designs could attract higher-paying clients and justify premium pricing, ultimately boosting revenue for Gebbia Estates and, consequently, David Gebbia’s net worth. The impact of the divorce on David Gebbia’s net worth is difficult to quantify precisely, but a divorce settlement likely involved a significant division of assets. The $22 million listing of their former residence, while not directly impacting his current net worth, highlights the value of assets that may have been subject to division.
David Gebbia’s Film Production Venture
David Gebbia’s foray into film production with “Pretty When You Cry” (also known as “Seduced”), released in 2001, represents a less substantial component of his overall net worth compared to his financial and real estate ventures. While the film featured Sam Elliott, a respected actor, there is no public data available regarding the film’s box office success or profitability. Assuming the film achieved moderate success, it might have generated some income. However, without specific financial figures, its contribution to David Gebbia’s $150 million net worth is likely minimal.
Lifestyle and Assets: A Glimpse into David Gebbia’s Affluence
While specific details regarding David Gebbia’s lifestyle assets, such as the make and model of his vehicles or any private aircraft he owns, are not publicly available, his residence in Beverly Hills and association with luxury real estate suggest a comfortable and affluent lifestyle. Beverly Hills is known for its high property values, and ownership of a home in this area indicates a significant investment in real estate. Considering his involvement in luxury home development through Gebbia Private Estates, it’s plausible that David Gebbia owns a collection of high-end vehicles and other luxury assets.
The location of David Gebbia’s former residence within the exclusive Beverly Ridge Estates gated community underscores his affluent lifestyle. This community is known for its large, luxurious homes and privacy, attracting high-net-worth individuals. While specific details about David Gebbia’s daily life, such as his preferred restaurants, vacation destinations, and personal habits, are not publicly documented, his association with Beverly Hills and the luxury real estate market paints a picture of a life characterized by comfort and privilege.
Due to the lack of publicly available data regarding his specific personal investments, luxury assets, and the financial performance of his private companies, a comprehensive breakdown of David Gebbia’s $150 million net worth is limited. However, based on the information available, the following key components contribute to his financial standing: ownership and management of Stockcross Financial Services, interests in Gebbia Private Estates, and family ventures in sports management.
Additional Details
David and Carlton Gebbia have three children: Mysteri, Cross, and Destiny. Their youngest child, Cross, is named after David’s business. Carlton was born in South Africa but was mostly raised in London, England and moved to Los Angeles when she was 18 to pursue an acting career. Carlton landed some small roles in low budget films before giving up acting to serve as the in-house interior design expert at Gebbia Estates. She is also an author of children’s books.
