A former Patchogue-Medford football star who hit it big in the world of finance — so much so that he was deemed the husband with the highest net worth among “The Real Housewives of Beverly Hills” — is on the move from Southern California to South Florida.
David Gebbia, 54, scooped up a home under construction in Miami Beach’s exclusive Palm Island for $5.8 million, according to a report. The Real Deal notes that the purchase of the property at 254 Palm Ave. sets a new record for a non-waterfront house on the man-made island.
Gebbia, CEO of the brokerage firm Stockcross Financial Services, made appearances on “RHOBH” during the popular reality show’s fourth season in 2013-14, when his then-wife Carlton joined the cast. A self-proclaimed witch, Carlton Gebbia left the program after one season, and the couple divorced in 2018.
Back in 2013 when Bravo asked her if David Gebbia was a practicing Wiccan like her, Carlton Gebbia replied, “No, my husband was raised Catholic, though he’s not a practicing Catholic. But he has respect for what I do. He just understands.”
Multiple sources report that David Gebbia’s fortune is worth more than $150 million. Stockcross Financial is a subsidiary of Siebert Financial, owned by David Gebbia’s family. The family has purchased a 12,000-square-foot office building in Miami Beach for $6.8 million, The Real Deal reported this week.
It’s expected that the property at 653 Collins Ave. will become the Florida headquarters for Siebert Financial.
Back on Palm Island, Gebbia’s new 5,000-square-foot pad will have five bedrooms, five full bathrooms and one half-bathroom, according to the published report. A post about the property on Realtor.com notes that construction is scheduled to be finished in March.
In high school, David Gebbia earned All-League honors as a bruising offensive tackle and defensive lineman. He played alongside his fraternal twin brother Rich, a tight end and outside linebacker who played tight end in college at Ole Miss.
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Rich Gebbia is still heralded in Mississippi for a winning 24-yard touchdown pass he caught with four seconds remaining against Tulane in 1989.
The play is referred to as “The Catch.” Click on the YouTube box below to check it out.
The brothers’ dad John J. Gebbia, 81, worked on Wall Street for three decades, eventually ending up with a large stake in Kennedy Cabot, and then buying out the partners in 1991 and moving the brokerage business to California.
Below is a video tour of the Beverly Hills mansion and property David Gebbia used to call home.
Top: Scene of David Gebbia on BravoTV (credit: BravoTV and YouTube)