Peter Marco is a businessman and investor who has a net worth of $200 million. He made his fortune in real estate and investments, and today he owns a number of businesses, including hotels, restaurants, and other commercial properties.
Peter Marco History
Marco has been involved in business for more than 40 years, and during that time he has developed a reputation as a shrewd investor and successful entrepreneur. He got his start in the early 1970s when he founded Marco Enterprises, a real estate development company.
|Full Name||Peter Marco|
|Birth Place||United States|
|Net Worth||$200 million|
In the years since then, Marco has continued to build his empire, investing in a variety of different businesses. His portfolio includes hotels like the Hilton Los Angeles Airport and the Marriott Marquis Houston, as well as restaurants like The Palm and as well as a number of commercial properties.
Net Worth and Career of Peter Marco
Marco is an Italian American who was born in Brooklyn, New York. He currently lives in Miami Beach, Florida. He founded Marco Enterprises in 1971 and quickly began investing in a diverse portfolio of commercial properties around the country. Among his many investments are hotels like the Hotel Sofitel Los Angeles at Beverly Hills as well as The Waldorf-Astoria Palm Desert among others. In addition to his real estate ventures, he has also been heavily involved in the restaurant industry as well as owning several luxury car dealerships.
In 2008 Marco partnered with former NFL player Terrell Owens for a business venture called TOWW Foundation, which provides support and assistance to disadvantaged individuals through the development of community outreach programs and various charitable functions including free clinics, educational initiatives and career training.
In 2010 Marco was seen as an investor for a company called On Track Innovations, which is rumored to be involved with the distribution of cannabis oils. The cannabis oil industry has been gaining increasing amounts of attention due to its health benefits and uses in the treatment of various medical conditions such as epilepsy and chronic pain.
There are also rumors that he may have had some involvement with companies like Uber, but no concrete evidence exists to support this claim. Peter Marco’s net worth is said to be $200 million dollars.
Marco was born in Brooklyn, New York to Italian American parents. He attended the University of Miami and earned a degree in business administration. After college, he began working for his father’s construction company before starting his own development company, Marco Enterprises, in 1971.
Commercial and Luxury Cars:
Marco has been involved in luxury car sales for many years. He currently owns seven dealerships around the country, which sell high-end cars like Rolls Royce, Bentley and Lamborghini.
In addition to his commercial properties Marco is also license holder of six Hilton hotels as well as several Marriott locations.
Peter Marco Park Hyatt Hotel & Residences Palm Beach
The Palm restaurant:
Marco is the owner of The Palm, one of the most famous and prestigious steak restaurants in the country. It was founded in New York City in 1926 by Peter’s father, Pio. The original location is still open today.
Marriott Marquis Houston:
The Marriott Marquis Houston is a luxury hotel located in downtown Houston, Texas. It has over 1,000 rooms and more than 60,000 square feet of meeting space.
Marco is married to his wife, Jackie, and they have two children together. They reside in Miami Beach, Florida.