The estimated net worth of Bruce A. Meyer is approximately $100 million.
Overview on Bruce A. Meyer
Bruce A. Meyer, originally from Los Angeles, California, is recognized as a prominent real estate investor and car collector, having also served as the past chairman of the Petersen Automotive Museum and the president of Geary’s. He is celebrated within national car collector circles as a renowned car enthusiast.
With his remarkable collection of rare cars, motorcycles, and related memorabilia from around the globe, Meyer’s net worth has been appraised at over $100 million. This wealth has been accumulated through his involvement with Geary’s and his fruitful career in real estate investment.
Valuable Assets and Profound Passion
Meyer developed a deep-seated passion for cars during his formative years. He initially pursued his interest in motorcycles clandestinely, attending various races and car shows. After graduating from the University of California, Berkeley in the mid-60s, he embarked on a career that began with bartending and later assumed the role of unit control supervisor in a department store. Subsequently, he became connected to the family enterprise, Gaery’s Beverly Hills, where he played a pivotal part in expanding the store’s offerings, leading to success in the mail-order business and notable collaborations with renowned brands such as Baccarat and Lalique. Notably, his endeavors have elevated Gaery’s to become a leading destination for luxury dinnerware and gifts throughout the country. Over his three-decade tenure as the company’s president, he significantly increased his net worth. Although he divested the company in the 90s, he retained a minority stake and continued to shoulder management responsibilities.
Simultaneously, Meyer ventured into the realm of real estate, establishing his own real estate investment and development company, Meyer Pacific, in Beverly Hills. Over time, he has emerged as a successful real estate professional, amassing a notable portfolio of prime commercial properties, serving as another cornerstone of his exceptional wealth.
A true pioneer in automotive collectibles, Meyer became the first chairman of the Petersen Automotive Museum in Los Angeles, and founded its support group, the Checkered Flag 200. The museum even hosts a gallery housing a rotating selection of Meyer’s cars. His passion for collecting cars began right after completing his education, starting with the purchase of a 1955 300 SL Mercedes Gullwing. Subsequently, he expanded his collection to include a diverse array of classics, race cars, hot rods, and sports cars, alongside a substantial number of meticulously restored motorcycles and rarities from prestigious automotive brands, ultimately amassing a collection worth a substantial fortune.
Meyer has been a prominent figure at various car shows and events nationwide, clinching victory eight times at the prestigious Pebble Beach Concours d’Elegance event. Besides his involvement with the Petersen Automotive Museum, he has also played an instrumental role in the Nethercutt Collection and the Mullin Automotive Museum, in addition to serving on the steering committees for the Pebble Beach Concours d’Elegance and the LeMay Museum.
In his personal life, Meyer is happily married to Raylene, and they reside together in Los Angeles.
Net Worth | $100 Million |
Date Of Birth | 1943 |
Profession | Real estate investor, Car collector, Petersen Automotive Museum director, Owner of Gaery’s Beverly Hills |
Education | College at Berkeley |
Nationality | American |
Spouse | Raylene Meyer |
Parents | Ruth and Fred Meyer |
TV Shows | Pebble Beach Concours d’Elegance event |
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