Stephen Cloobeck's Net Worth: An In-Depth Look
Stephen Cloobeck is the Chairman and CEO of Diamond Resorts Holdings Inc, a multinational corporation based in Las Vegas. Cloobeck has accumulated a net worth of $100 million through his successful business ventures. Diamond Resorts Holdings owns and operates over 200 resorts across 25 different countries, specializing in time-share accommodations. Annually, more than 400,000 people choose to stay at Diamond's resorts for their vacations.
The Journey to Success
Before becoming a magnate in the hospitality industry, Cloobeck served as an executive for several companies. His career took a significant turn in April 2007, when he acquired Sunterra Corporation. He transformed it into Diamond Resorts International, a multi-million dollar vacation ownership company employing over 4,500 people globally.
Leadership and Philanthropy
Beyond his role at Diamond Resorts, Cloobeck holds other significant positions. He serves as the Chairman of the Board for the US Corporation for Travel Promotion and the Nevada Cancer Institute. Demonstrating his commitment to social causes, he founded the Brent Shapiro Foundation for Drug Awareness and endowed the Brandeis University International Business School in 2012.
Political Aspirations and Media Presence
Stephen Cloobeck is also politically active and even considered running for governor of Nevada in 2007. He garnered widespread recognition through his appearance on the first season of the reality series, "Undercover Boss".
