Stephen Cloobeck, as of mid-2016, is estimated to have a net worth of an astonishing $100 million. He has earned a significant portion of his fortune through his investments in hotels, motels, and cruise lines, and is widely recognized for founding and leading Diamond Resorts Holdings Inc. This corporation, headquartered in Las Vegas, operates a multi-million dollar vacation business encompassing over 200 resorts across 25 countries, employing more than 4,500 individuals and serving over 400,000 customers annually.
Furthermore, Cloobeck demonstrated his philanthropic spirit by establishing the Brent Shapiro Foundation for Drug Awareness and making substantial donations to various charitable and civic organizations, including the Brandeis University International Business School. He is also known for his support of the Democratic Party and served as the Chairman of the Board for the Nevada Cancer Institute and the US Corporation for Travel Promotion.
An individual of various talents, Cloobeck attended Brandeis University and graduated with a degree in Psychobiology in 1983. He possesses over 30 years of expertise in the holiday industry, construction, management, development, marketing, and real estate. Additionally, he made a notable appearance on the reality TV show “Undercover Boss,” where business owners assume undercover roles within their companies to gain insights from employees.
While details about Cloobeck’s personal life remain elusive to the public, he is known to have a wife and three children. His remarkable achievements in both business and philanthropy have solidified his reputation as a respected figure in his field.
