Michael S. Meldman | |
|---|---|
 | |
| Born | December 30, 1958 |
| Occupation | Businessman |
Michael S. Meldman (born December 30, 1958) is an American businessman. He is the founder and chairman of Discovery Land Company, and one of the three founders of Casamigos tequila with George Clooney and Rande Gerber.
Meldman was born in Milwaukee, Wisconsin and grew up in Scottsdale, Arizona.[ citation needed ] He graduated from Stanford University in 1982. [1]
After Meldman graduated in 1982 he began a career in residential real estate in the Bay Area of Northern California. In 1994, he launched Discovery Land Company with his first development, The Estancia Club, in his hometown of Scottsdale. [2] Since Estancia, Meldman and Discovery Land Company have developed 25 total clubs in the Pacific, Caribbean, Europe, and North America. [3]
In 2007, Meldman launched the Discovery Land Company Foundation to support non-profit organizations that benefit children and families in the communities that surround the developments. [4]
In 2012, Meldman partnered with Rande Gerber and George Clooney to create Casamigos tequila. [5] In June 2017, it was sold to Diageo for $700 million, with an additional $300 million possible depending on the company's performance over the next ten years. [6] Meldman's employees include Jack Brooksbank, husband of Princess Eugenie of York. [7]
In December 2024, Meldman purchased a 7.5% stake in ownership of the Las Vegas Raiders. [8]
Rio Verde is a master-planned community east of Scottsdale in Arizona. It is a census-designated place (CDP) in Maricopa County, Arizona, United States located in the far northeast area of the Phoenix Metropolitan Area. The population was 2,210 as of the 2020 census, up from 1,811 at the 2010 census.
Scottsdale is a city in the eastern part of Maricopa County, Arizona, United States, and is part of the Phoenix metropolitan area. Named Scottsdale in 1894 after its founder Winfield Scott, a retired U.S. Army chaplain, the city was incorporated in 1951 with a population of 2,000. At the 2020 census, the population was 241,361, which had grown from 217,385 in 2010. Its slogan is "The West's Most Western Town". Over the past two decades, it has been one of the fastest growing cities and housing markets in the United States.
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Rande Gerber is an American businessman. He founded tequila brand Casamigos alongside actor George Clooney and businessman Mike Meldman, as well as nightlife companies Midnight Oil, Caliche Rum, and Gerber Group, with a portfolio that has consisted of nightlife industry, such as restaurants, bars and lounges worldwide. He is the husband of model Cindy Crawford and the father of model Kaia Gerber and Presley Gerber.
The Discovery Land Company is an American real estate development company and hospitality operator based in Scottsdale, Arizona. Founded in 1994 by Michael Meldman, the company mainly operates private residential communities and clubs in North America. In 2022, the company made public that they will follow an international expansion strategy. Discovery had an annual turnover of $1 billion in sales (2015).
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