Rande Gerber net worth is estimated to be around $400 million as of 2024. Rande Gerber is an American Businessman and Former Model born on April 27, 1962. He co-founded the popular tequila brand Casamigos with actor George Clooney and businessman Mike Meldman.
Gerber also started several nightlife ventures including Midnight Oil, Caliche Rum, and the Gerber Group which manage restaurants, bars, and lounges around the globe.
In addition to his business achievements, Rande Gerber is married to supermodel Cindy Crawford and is the father of model Kaia Gerber.
Rande Gerber in Brief
Full Name | Rande Gerber |
Date of Birth | April 27, 1962 |
Place of Birth | Encino, Los Angeles, California, USA |
Occupation | Businessman, Former Model |
Height | 6 ft (185 cm) |
Spouse | Cindy Crawford |
Children | Presley Walker Gerber, Kaia Gerber |
Net Worth | $400 million |
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What is Rande Gerber Net Worth in 2024?
Rande Gerber is an American Businessman and Former Model with a net worth of $400 Million as of 2024, according to Celebrity Net Worth. The main source of Rande Gerber’s net worth comes from his successful ventures in the nightlife and spirits industries.
He co-founded Gerber Group, which owns and operates a chain of bars, restaurants, and lounges worldwide.
Gerber co-founded Casamigos Tequila with actor George Clooney and real estate developer Mike Meldman. This tequila brand became immensely popular and was sold to Diageo in 2017 for up to $1 billion, significantly boosting Gerber’s net worth. His various business ventures and investments in these industries have collectively made him very wealthy.
Rande Gerber’s Early Life and Education
Rande Gerber whose parents are Jordan Gerber and Ellen Peckman has Russian-Jewish roots.
He grew up in Hewlett New York and finished high school there in 1980. Later he went to the University of Arizona and earned a Bachelor of Arts in marketing.
Rande Gerber’s Career
In 1991, Gerber Group opened its first bar, The Whiskey, at the Paramount Hotel in New York City’s theater district. In 2013, Gerber partnered with George Clooney to start Casamigos Tequila.
The brand was later sold to Diageo in June 2017 for $700 million with a potential additional $300 million based on future performance.
In January 2019, Gerber and his partners, Michael Meldman, Jeff Shell, and Jay Sures, announced their purchase of Nate ‘n Al in Beverly Hills, intending to keep the restaurant open.
Rande Gerber’s Personal Life
Gerber and Cindy Crawford got married on May 29, 1998. They have two kids: Presley Walker, born on July 2, 1999, and Kaia Jordan born on September 3, 2001.
Both children began modeling at a young age. In August 2021 the couple sold their Beverly Hills home in Trousdale Estates for $13.5 million.
Rande Gerber Real Estate
Cindy Crawford and Rande Gerber have owned some amazing properties over the years. Here are a few highlights:
Malibu Home: In 1998, they bought a beautiful oceanfront home in Malibu for $1.85 million. They rented it out for $45,000 a month before selling it in 2019 for $7.5 million.
Massive Malibu Property: In 1999, they purchased a large oceanfront property in Malibu for $4.8 million. Then, in 2015, they spent $50.5 million to buy the land next door, making a big 6-acre compound. They sold half of this property in 2018 for $45 million.
Beverly Hills Mansion: In 2017, they bought a mansion in Beverly Hills from musician Ryan Tedder for $11.625 million.
Luxury in Mexico: They once owned a mansion in an exclusive golf community in Los Cabos, Mexico. Rande’s tequila partner, George Clooney, had the house next door. In April 2016, a Mexican billionaire bought both homes for $100 million in total.
23-Acre Property: They also owned a 23-acre property in Malibu that used to be a kid’s camp. They bought it in 2014 for $6 million, made many upgrades, and sold it in 2016 for $13.3 million.