What is Jackie Siegel's Net Worth?
Jackie Siegel is an American model, actress, and beauty pageant director who has a net worth of $500 million. That is a combined net worth with her husband, timeshare mogul David Siegel. Jackie and David became famous after being featured in the in the 2012 documentary film, "The Queen of Versailles." David earned their fortune as the founder of Westgate Resorts. At his absolute peak in the period of 2004-2007, David's net worth was close to $1 billion. In the aftermath of the 2008 financial crisis, as is chronicled in the 2012 documentary, the Siegels were financially upside down.
Versailles Mansion
As chronicled in the documentary, David and Jackie are perhaps best known, and somewhat infamous, for spending the last two decades building an over-the-top, opulent mansion in Windermere, Florida, modeled after the Palace of Versailles. It is one of the most notorious examples of American excess in residential architecture. Planning for the home began in 2004, at which point David's timeshare business empire was booming, and his paper net worth was close to billionaire status. David's dream was to build the largest single-family home in America. The end result was a 90,000-square-foot estate. Primary construction began in 2006.
With 14 bedrooms, 32 bathrooms, 11 kitchens, a roller rink, an ice skating rink, a bowling alley, a 30-car garage, three levels, three indoor pools, two outdoor pools, two tennis courts, a baseball diamond, a fitness center with 10,000 square foot spa, two-story movie theater and much more, the project captured imaginations and ignited controversy. Just as the dream seemed to reach its gilded peak, the 2008 financial crisis brought a harsh reality check. David's net worth teetered on insolvency as his timeshare customers fled in droves. Construction froze, leaving the unfinished Versailles a skeletal testament to dashed aspirations. This period of uncertainty for the Siegel family and their unfinished dream home was captured in the 2012 documentary "The Queen of Versailles." After several frozen years, the Siegels' finances improved, and construction started again, with Jackie leading the project. The Versailles house has been under construction for over 20 years.
NYC Penthouse
In 2023 Jackie and David paid $8.7 million for a duplex in NYC's Tribeca neighborhood. In January 2024 they listed this unit for sale for $19.5 million.
Early Life
Jacqueline Mallery was born on January 19th of 1966 in Endwell, New York. After graduating from high school, Jackie attended the Rochester Institute of Technology and obtained a bachelor's degree in computer engineering, graduating in 1989.
(Photo by Greg Doherty/Getty Images)
Career
In 1993, Jackie won the Mrs. Florida America beauty pageant. Since then, she has become the owner of the Mrs. Florida America beauty pageant and serves as its director.
Siegel's entertainment career began when she became one of the main subjects of the documentary "The Queen of Versailles," which was released in 2012. The documentary explores the couple's quest to construct a massive home known as the "Versailles house." The couple faced a number of notable obstacles, including the 2008 recession.
As the recession impacts David's company, construction is halted and the family cuts costs wherever possible. Jackie also attempts to adjust to a new lifestyle with fewer financial freedoms. The documentary received positive reviews from critics, and it won a number of awards.
Following the release of "Queen of Versaille," the family continued to struggle with a number of issues. At one point, Westgate Resorts owed $1.2 billion to various lenders. Eventually, David Siegel purchased the Versailles house outright.
In 2015, Jackie appeared in an episode of "Celebrity Wife Swap." She and David also appeared in an episode of "Secret Lives of the Super Rich." Outside of her appearances in documentaries and on reality TV, Jackie serves on the board of directors of Westgate Resorts and Ocoee Thrift Mart, the latter of which is a charity that she founded herself. Jackie also founded another charity called Helping Locals.
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Relationships
In 2000, Jackie married David Siegel. Over the course of their relationship, they have had six children together. They adopted a seventh child together. Their eldest daughter was from David's previous relationship, and she passed away at the age of 18 from a drug overdose.
