American businessman, basketball enthusiast, and philanthropist Jim Taubenfeld was born in 1965. He is currently 58 years old and is thought to be worth $5 million. Retail and real estate investments account for the majority of Taubenfeld’s net worth.
Jim Taubenfeld is regarded as one of the most accomplished and well-known figures in the financial and commercial industries. He has incorporated sustainability into his professional career and accumulated riches that enable him to live an opulent lifestyle. Everything you need to know about Jim, the types of businesses he works with, and how he came to achieve the success he does today can be found in this article.
Summary of Jim Taubenfeld’s Bio
| Category | Information |
|---|---|
| Date Of Birth | 1965 |
| Age | 58-year-old |
| Relationship Status | Married |
| Birth Place | Puerto Rico |
| Wife | Moira Shub Taubenfeld |
| Nationality | American |
| Married Date | 1988 |
| Religion | Christianity |
| Children | Three |
| Ethnicity | Mixed |
| Profession | Attorney, President of Me Salve, Inc. |
| Height | 5 Feet 9 inches |
| Net worth | $2 Million |
| Weight | 81 Kg |
| Education | J.D. Degree |
| College | University of Miami School of Law |
Jim Taubenfeld was Born in 1965 in Peurto Rico
According to records, Jim Taubenfeld was born sometime in the year 1965 in Puerto Rico and is currently 58 years old, although his birth month and date are not known. He is a Christian. His parents moved from Puerto Rico to America when he was a toddler and there he spent his formative years and received both his early and high school education.
Jim has, however, not revealed the identities of his parents and whether he has any siblings. He is an American citizen and has a mixed racial and ethnic background. He prefers to keep his personal life completely out of the spotlight so certain information about his family background is not available to the media.
For his education, Jim Taubenfeld attended the University of Miami School of Law where he bagged a J.D. with a double major in Accounting and Business/Management in 1991.
What Is Jim Taubenfeld’s Net Worth?
Different online sources have varying reports of Jim Taubenfeld’s net worth. However, a few verifiable ones all pegged it between $4 and $5 million. Meanwhile, some even argued that Taubenfeld certainly has amassed more than $5 million net worth given his decades-long success in the business sector.
Jim Taubenfeld, however, has not personally declared his net worth, but in any case, there is no denying the fact that he has experienced success in his business and more significantly, acquired wealth that runs in millions of dollars. Below is a detailed look at how he acquired his wealth.
A Summary of Jim Taubenfeld’s Net Worth Sources
- Retail Industry; Me Salve Inc.
- Real estate development
- Memorabilia collection
- Other investments
How Did Jim Taubenfeld’s Net Worth Accrue?
Following his graduation from the University of Miami School of Law, Jim Taubenfeld worked as an attorney for a couple of firms before he ventured into business. Meanwhile, he had always been passionate about business and finance, and willing to put in hard work to achieve his goal. He can identify and pursue new opportunities and that helped him achieve success in his business endeavors.
Retail Industry; Me Salve Inc.
Jim Taubenfeld is widely recognized as the President of Me Salve, Inc., a retail web-based clothing and accessories company that has its headquarters in Catano, Puerto Rico, United States of America. The company was founded in 1981 by Mr. Miguel Lazzoff and Jim has been at the helm of its affairs for more than three decades now.
He started working with the firm in 1994 and has over the years built a reputation as a leader in the retail industry. Notably, the company’s revenue rose from $1 million in 1987 to $20 million in 1989. Its recorded highest year of sales was in 1994 when it made more than $100 million. Taubenfeld has in multiple ways helped guide Me Salve, Inc. to success and has been actively involved in its growth and expansion.
The business has developed into a significant player in the Puerto Rican retail industry. Jim Taubenfeld is credited as having achieved success in part as a result of his obsession with providing excellent customer service. He is fully aware that happy clients are essential to a company’s expansion and success.
He prioritizes giving his clients top-notch services, which has allowed him to cultivate a clientele of devoted followers. He is renowned for his business savvy, devotion to excellence, and work ethic.
Real Estate Investments and Development
Having acquired a wealth of experience in the retail sector, Jim Taubenfeld deemed it fit to venture into another business field which is real estate development. He first acquired some hands-on experience in the real estate circle, studied the market, and polished his abilities in it. Then, he started by building and converting houses.
In no time, he was able to successfully invest in a good number of real estate enterprises, also thanks to his strong and strategic business mind and a good eye for opportunities. He scouted for underpriced homes, renovated them, and then sold them for a decent profit.
As time went on, his real estate investments expanded to include luxury real estate and commercial property developments. Jim has so far amassed enough knowledge and awareness of the emerging market trends in the real estate industry. Thus, he is widely respected among his contemporaries and rising real estate experts.
Thanks to his success that is evident, he has been invited to speak at events, especially as it relates to personal development and business growth. He has also been featured in many media outlets.
Jim Taubenfeld’s Collection
In addition to his professional achievements in Me Salve, Inc., Jim Taubenfeld has also gained recognition and has been making money as a passionate collector of basketball memorabilia. Jim is widely known to be controlling the world’s greatest collection of memorabilia. From a young age, he had had a passion for basketball and has ever since then been an ardent supporter of the sport.
The business tycoon has over the years accumulated a spectacular collection of basketball memorabilia, including signed basketballs, rare jerseys, game-worn sneakers from some of basketball’s greatest players, and much more. He makes profits through the purchasing and sales of these items, but much more than that, he is passionate about preserving the history of basketball and sharing the love he has for the sport with others.
He has donated many of these items from his collection to charitable organizations and museums. Not only that, but he has also lent items for exhibition at events across the world. Jim Taubenfeld is often referred to as an expert in collectibles. He currently serves on the Board of Governors of the Naismith Memorial Basketball Hall of Fame.
His Other Investments
Investor Jim Taubenfeld is well renowned for his accomplishments. He apparently has investments in a variety of industries, including technology and the entertainment industry, in addition to the ones mentioned above. His projected net worth of $5 million has also benefited from this.
In addition, Jim is a generous and committed philanthropist who has generously supported a variety of charity initiatives. He still devotes a lot of time to helping others despite his busy schedule. He is renowned for being polite and being passionate about all he does.
