Steve Siegel
Encyclopedia
Stephen Garrett Siegel "Steve Siegel" (born January 26, 1971), is the Founder and Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

 of The Siegel Group Nevada, Inc
The Siegel Group
The Siegel Group Nevada, Inc is a diverse company based in Paradise, Nevada and Studio City, California. It owns and operates Boutique Hotels, Hotel Casinos, Restaurants, Apartments, Bars, Office Buildings, Retail Franchises, Shopping Centers, and More....

. He oversees the daily operations of his many affiliate companies and is responsible for identifying real estate and business development opportunities for his firm, which employs 1000-people.

Previous Ventures

At 21, Siegel purchased his first piece of real estate and embarked on his first solo venture, founding Prestige Motors, a one-bay mechanical auto repair shop which he repositioned as a collision center, generating annual sales of over $2 million. Six years later Siegel sold this business, using the proceeds to acquire a majority stake in Uncle Howie Products, a struggling business involved in the manufacturing of children’s upholstered furniture. The company was immediately restructured under Siegel who used his business know-how to expand operations and increase sales and efficiency. He successfully negotiated, secured and managed licensing for brands such as Nickelodeon
Nickelodeon (TV channel)
Nickelodeon, often simply called Nick and originally named Pinwheel, is an American children's channel owned by MTV Networks, a subsidiary of Viacom International. The channel is primarily aimed at children ages 7–17, with the exception of their weekday morning program block aimed at preschoolers...

’s Blues Clues, Mattel
Mattel
Mattel, Inc. is the world's largest toy company based on revenue. The products it produces include Fisher Price, Barbie dolls, Hot Wheels and Matchbox toys, Masters of the Universe, American Girl dolls, board games, and, in the early 1980s, video game consoles. The company's name is derived from...

’s Barbie
Barbie
Barbie is a fashion doll manufactured by the American toy-company Mattel, Inc. and launched in March 1959. American businesswoman Ruth Handler is credited with the creation of the doll using a German doll called Bild Lilli as her inspiration....

, Pokémon
Pokémon
is a media franchise published and owned by the video game company Nintendo and created by Satoshi Tajiri in 1996. Originally released as a pair of interlinkable Game Boy role-playing video games developed by Game Freak, Pokémon has since become the second most successful and lucrative video...

 and Betty Boop
Betty Boop
Betty Boop is an animated cartoon character created by Max Fleischer, with help from animators including Grim Natwick. She originally appeared in the Talkartoon and Betty Boop film series, which were produced by Fleischer Studios and released by Paramount Pictures. She has also been featured in...

 and expanded the company’s product line into national retailers including Sears, Target
Target Corporation
Target Corporation, doing business as Target, is an American retailing company headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States, behind Walmart. The company is ranked at number 33 on the Fortune 500 and is a component of the Standard & Poor's...

, JCPenney and Toys-R-US

Current Ventures

Steve Siegel founded The Siegel Group
The Siegel Group
The Siegel Group Nevada, Inc is a diverse company based in Paradise, Nevada and Studio City, California. It owns and operates Boutique Hotels, Hotel Casinos, Restaurants, Apartments, Bars, Office Buildings, Retail Franchises, Shopping Centers, and More....

 in 2001. His affiliated companies include boutique hotels, hotel casinos, restaurants, apartments, bars, office buildings, and retail franchises. Some of these holdings include the 17-chain Siegel Suites
Siegel Suites
Siegel Suites is a no-lease required, weekly/monthly residential apartment chain founded in 2006 by Steve Siegel and managed by The Siegel Group...

 apartments in Nevada, 5-hotels in Las Vegas; Gold Spike Hotel and Casino
Gold Spike Hotel and Casino
Gold Spike Hotel and Casino is a boutique 112-room, seven floor hotel-casino, connected with the Oasis at the Gold Spike, a 50-room three floor hotel located in downtown Las Vegas.-History:...

, The Resort on Mt Charleston, Siegel Slots and Suites, The Artisan Boutique Hotel
The Artisan Hotel
The Artisan is a Las Vegas non-gaming hotel boutique and ultra-lounge. Its 64 rooms are covered from floor to ceiling with eclectic art and reproductions of world famous paintings.-History:...

, and Rumor Boutique Resort; the property management company SASCO Properties, and Senor Jugos, a Latin fresh juice franchise concept. Siegel has since diversified into a variety of industries which include bars, restaurants, night clubs, franchising and product development, branding and marketing.

Recognization

In March 2009, the City of Las Vegas
Las Vegas, Nevada
Las Vegas is the most populous city in the U.S. state of Nevada and is also the county seat of Clark County, Nevada. Las Vegas is an internationally renowned major resort city for gambling, shopping, and fine dining. The city bills itself as The Entertainment Capital of the World, and is famous...

, Mayor Pro Tem Gary Reese and Mayor Oscar Goodman
Oscar Goodman
Oscar Baylin Goodman is an American lawyer and politician. He was the mayor of Las Vegas, Nevada from 1999 to 2011. Mayor Goodman is an Independent and a former member of the Democratic Party.-Biography:...

 named Stephen Siegel as the Citizen of the Month in recognition of his many past and present redevelopment projects relating to his Las Vegas properties and his continued support of the City and its revitalization efforts. Siegel’s focus on improving properties and cleaning up the surrounding areas has resulted in safer neighborhoods and led to the creation of numerous jobs for Las Vegas residents in a variety of industries.

Las Vegas Mayor Oscar Goodman
Oscar Goodman
Oscar Baylin Goodman is an American lawyer and politician. He was the mayor of Las Vegas, Nevada from 1999 to 2011. Mayor Goodman is an Independent and a former member of the Democratic Party.-Biography:...

 has said that "[Steve] Siegel’s practice of buying lost-cause properties overrun by drugs and crime and renovating them into viable, safe residences solves two problems at once, blight and the need for quality, safe, lower-income housing".

Inc. (magazine)
Inc. (magazine)
Inc. magazine, founded in 1979 and based in New York City, is a monthly publication focused on growing companies. The magazine publishes an annual list of the 500 fastest-growing private companies in the U.S., the "Inc...

 has repeatedly recognized The Siegel Group
The Siegel Group
The Siegel Group Nevada, Inc is a diverse company based in Paradise, Nevada and Studio City, California. It owns and operates Boutique Hotels, Hotel Casinos, Restaurants, Apartments, Bars, Office Buildings, Retail Franchises, Shopping Centers, and More....

 as one of the fastest growing privated businesses in America.

Las Vegas Weekly
Las Vegas Weekly
Las Vegas Weekly is a free alternative weekly newspaper based in Henderson, Nevada, covering Las Vegas arts, entertainment, culture and news. Las Vegas Weekly is published by Greenspun Media Group. The paper was founded in 1992 by James Reza as a free monthly publication called Scope covering...

named Stephen Siegel Las Vegas's Best Entrepreneur in 2010.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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