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Michael Meldman

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Michael S. Meldman
Meldman in 2021
Born (1958-12-30) December 30, 1958 (age 67)
Milwaukee, Wisconsin, U.S.
OccupationBusinessman
Children3

Michael S. Meldman (born December 30, 1958) is an American businessman. He is the founder and chairman of Discovery Land Company. He is also a co-founder of Casamigos and, later, Crazy Mountain, as well as a minority owner of the Las Vegas Raiders.

Early life

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Meldman was born in Milwaukee, Wisconsin and grew up in Phoenix, Arizona.[1][2] His father worked in insurance and his mother was a writer and book reviewer.[2] He graduated from Stanford University in 1981, where he studied history.[2] He was a member of Theta Delta Chi.[3][2] He later worked as a blackjack dealer in Lake Tahoe.[4]

Career

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After Meldman graduated in 1981, he began a career in real estate in the Bay Area of Northern California. His first position was as a commercial broker. Meldman financed his first property, a 300-acre lot in Portola Valley, California named Blue Oaks, through three friends in the 1980s.[4]

In 1994, he launched Discovery Land Company. Two years later, he opened his first resort development, The Estancia Club, in Scottsdale.[2] Meldman and Discovery Land Company operates over 35 high-end residential communities globally, as of 2024.[5]

In 2007, Meldman launched the Discovery Land Company Foundation to support non-profit organizations that benefit children and families in the communities that surround the developments.[1] He credits his sons as his influence for his properties, as the locations are catered toward families.[6][7]

In 2012, Meldman partnered with Rande Gerber and George Clooney to create Casamigos tequila.[8]  In June 2017, it was sold to Diageo[9] for $1 billion.[10]

In 2019, he and Gerber were among the investor group that prevented the closure of Nate’n Al’s Jewish deli on Beverly Drive in Beverly Hills.[11]

In 2022, he was noted by Forbes as having perfected the model of private, luxury golf community.[7]

In December 2024, Meldman purchased a 7.5% stake in the Las Vegas Raiders.[12] In May 2026, he increased his stake to 12.9% minority ownership of the team.[13]

In March 2026, it was announced Meldman had again partnered with Gerber and Clooney to create a non alcoholic beer Crazy Mountain.[14]

Personal life

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Meldman has three sons.[1]

References

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  1. 1 2 3 Millington, Alison. "George Clooney and Rande Gerber have a third partner in their $1 billion tequila company, and he happens to be a real estate tycoon". Business Insider. Retrieved January 6, 2021.
  2. 1 2 3 4 5 Keates, Nancy (January 14, 2016). "Developer Mike Meldman Is Real Estate's Party Boy". Wall Street Journal. ISSN 0099-9660. Retrieved January 6, 2021.
  3. ↑ "How Discovery Land Company's Mike Meldman Develops the World's Most Exclusive Private Clubs and Resort Communities". CSQ | C-Suite Quarterly. June 17, 2020. Retrieved January 6, 2021.
  4. 1 2 Solo-Lyons, Natasha (June 4, 2021). "Mike Meldman is one of the most influential real-estate moguls in the country thanks to his luxurious live-in resorts, which became irresistible to the rich and famous during the pandemic". Business Insider. Retrieved March 11, 2025.
  5. ↑ Collins, Leah (May 22, 2024). "This ultra-luxe, ultra-exclusive community in the desert is selling plots for up to $50 million". CNN. Retrieved January 13, 2025.
  6. ↑ Keates, Nancy (January 14, 2016). "Developer Mike Meldman Is Real Estate's Party Boy". The Wall Street Journal.
  7. 1 2 Reynolds, Emma. "How Discovery Land Company Founder Mike Meldman Perfected The Private, Luxury Golf Community". Forbes. Archived from the original on July 24, 2025. Retrieved September 15, 2026.
  8. ↑ Swain, Peter. "Meet Mike Meldman, the US tequila tycoon making golf properties cool again". The Times. ISSN 0140-0460. Retrieved January 6, 2021.
  9. ↑ Whitten, Sarah (June 21, 2017). "George Clooney just sold his tequila business for up to $1 billion". CNBC. Retrieved January 6, 2021.
  10. ↑ Shukla, Piyush (September 15, 2026). "In 2013, George Clooney started a tequila brand as a side project with friends; 4 years later, Diageo agreed to buy Casamigos for up to $1 billion". The Economic Times. ISSN 0013-0389. Retrieved September 15, 2026.
  11. ↑ Kiefer, Peter (January 11, 2019). "Irving Azoff, Hollywood A-Listers Team to Save Legendary Deli Nate 'n Al". The Hollywood Reporter. Retrieved September 15, 2026.
  12. ↑ Reed, Tashan (December 11, 2024). "NFL owners approve 15 percent sale of Raiders, welcoming more members to ownership group". The New York Times. Retrieved January 23, 2025.
  13. ↑ Marchand, Andrew; Moret, Matt (May 20, 2026). "Raiders' ownership group adds TKO execs, expands Davis successor's control". The New York Times. ISSN 0362-4331. Retrieved August 24, 2026.
  14. ↑ Mohr, Ian. "Casamigos partners George Clooney, Rande Gerber and Mike Meldman launch non-alcoholic beer Crazy Mountain". Page Six Hollywood. Page Six. Retrieved March 14, 2026.