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Felipe Valls net worth: estimación, Jr vs Sr y cómo calcular

Felipe Valls smiling while holding a small cup, surrounded by people and cameras at an event.

There are two distinct people named Felipe Valls you might be searching for: Felipe Valls Sr., the Cuban-American founder of Versailles Restaurant in Miami who passed away in 2022, and Felipe Valls Jr., his son who now runs the family's hospitality group. Separating them matters enormously because their careers, roles, and wealth profiles are different. The most defensible estimate for the combined Valls family restaurant enterprise is somewhere in the range of $20 million to $50 million in total business and personal assets, though no verified public figure has been confirmed. Felipe Valls Jr., as the active CEO, would hold the largest current stake.

Felipe Valls Sr. vs. Felipe Valls Jr.: Who are you actually looking for?

Man in a simple restaurant office setting, suggesting the founder of a Florida-Cuban eatery

This is the most important disambiguation to get right before you read any number on any website. Felipe Valls Sr. (born 1933, died 2022) was the Cuban-American entrepreneur who opened Versailles Restaurant on Calle Ocho in Miami in 1971. He built it from a single restaurant into one of the most iconic Cuban dining institutions in the United States. His son, Felipe Valls Jr., joined the family business early and eventually took over day-to-day operations, serving as president and CEO of what grew into the Valls Group, a multi-location restaurant and hospitality operation headquartered at 3663 SW 8th St, Third Floor, Miami, FL 33135. Florida's Sunbiz corporate registry lists "VALLS, FELIPE A JR" as registered agent on annual reports for Valls Group entities, which is the clearest public confirmation that Jr. is the operating principal today.

When you see "Felipe Valls net worth" on a general celebrity net worth aggregator, it is almost always referring to the family's business empire broadly, and sometimes incorrectly conflating Sr. and Jr. into a single figure. The U.S. Congressional Record from 2011 explicitly names both men in the context of Versailles and its cultural importance to Miami's Cuban community, which is one of the few primary sources that cleanly separates their identities. Always check which person a site means before trusting any dollar figure.

What "net worth" actually means for a business owner like this

For a public figure whose wealth is tied to private businesses rather than traded stock or entertainment royalties, net worth is not a clean number. It is an estimate of total assets minus total liabilities. For someone like Felipe Valls Jr., that calculation involves the market value of the restaurant properties or leases, the ongoing cash flow from restaurant operations, any real estate owned personally or through business entities, cash and investment accounts, and personal property. It subtracts business debts, mortgages, and any operational liabilities.

Because Valls Group is privately held and does not file public financial statements, none of these inputs are directly observable. What you can do is build a range using indirect signals: industry revenue benchmarks, property records, business registry filings, media coverage of expansions, and comparable transactions in the restaurant industry. That is the honest way to approach this, and it is what separates a careful estimate from a made-up number on a clickbait site.

How to build the estimate from publicly available signals

Minimal desk scene with a smartphone and notebook, suggesting building an estimate from public business signals.

Here is the methodology that actually holds up. Start with the business revenue baseline. A high-volume landmark restaurant like Versailles in Miami is routinely cited in trade press as generating multi-million dollars annually. Industry benchmarks for a well-known full-service restaurant with consistent tourist and local traffic suggest annual revenues of $5 million to $10 million per location at the high end. Multiply that across multiple Valls Group locations and you get a sense of the top-line revenue base.

From revenue, apply a realistic net profit margin for independent restaurant groups (typically 5 to 15 percent after labor, food costs, and overhead), and you arrive at annual owner earnings. Capitalize those earnings at a typical private restaurant business multiple (usually 3x to 5x annual earnings for a stable, branded operation) to get a rough enterprise value. Add any real estate owned outright (Miami commercial property on or near Calle Ocho carries significant value), subtract estimated debt, and you have a ballpark net worth range.

  • Check Florida Sunbiz (search.sunbiz.org) for all registered entities under "Valls" to map the full corporate footprint
  • Review Miami-Dade property appraiser records (miamidade.gov/apps/pas) to identify any real estate tied to the family or business
  • Search Google News for any recent expansions, closures, or financing events involving Valls Group or Versailles Restaurant
  • Look for any legal or court filings in the Florida courts e-filing portal that might signal financial events
  • Review local business press (Miami Herald, Miami New Times) for any reported revenue figures or valuation context

Felipe Valls Jr.: income sources and wealth signals

Felipe Valls Jr. is the active wealth builder in the family today. As CEO and president of Valls Group, his income comes primarily from ownership distributions and salary from the hospitality business. Versailles Restaurant is the flagship, but the group has expanded to include additional food service locations in Miami. His net worth is directly tied to the health of those operations and the underlying real estate. If you are looking for the latest estimate, these publicly observable income signals help explain why “peter del vecho net worth” type searches often produce inconsistent numbers His net worth. Because his net worth is tied to the performance of those operations, you can use the same publicly available signals to estimate Sir Peter Vela net worth.

Beyond operating income, wealth signals for Jr. include his role in any real estate transactions associated with the group's expansion, his presence in Miami's Cuban-American business community (which often involves cross-investment and advisory roles), and the brand equity of Versailles itself, which has hosted U.S. presidents, candidates, and international dignitaries, giving it a cultural cachet that supports pricing power above typical restaurant peers. The fact that he appears personally as registered agent on corporate filings rather than delegating that to a third-party agent suggests tight personal control over the business entities, which is consistent with an owner-operator whose wealth is concentrated in those same entities.

Putting reasonable numbers together: if Valls Group operates 3 to 5 locations with combined revenues of $15 million to $30 million annually, and if profit margins are in the 8 to 12 percent range, annual owner earnings could run $1.2 million to $3.6 million. At a 4x capitalization multiple, the enterprise value would fall between $5 million and $14 million. Add Miami commercial real estate exposure and personal assets, and a conservative personal net worth estimate for Felipe Valls Jr. lands in the $10 million to $30 million range as of mid-2026, with upside if property holdings are substantial.

Felipe Valls Sr.: the founder's wealth profile

Felipe Valls Sr. passed away in 2022 after building Versailles from a single restaurant opened in 1971 into a Miami landmark. His personal net worth at the time of his death would have been determined primarily by his ownership stake in the Valls Group entities, any real estate accumulated over five decades of business in Miami, and personal savings and investments. The fact that he ran the business for over 40 years in a high-cost real estate market like Miami, during which SW 8th Street property values increased dramatically, means real estate appreciation alone could represent a significant portion of accumulated wealth.

Because Sr. passed away in 2022, his net worth is now largely a historical figure relevant to understanding his estate and what transferred to heirs, including Jr. There is no ongoing income generation attributed to him. Historical estimates for Sr. from celebrity aggregator sites have ranged from $5 million to $20 million, but these numbers are poorly sourced and should be treated as rough order-of-magnitude estimates rather than verified figures. The Congressional Record's 2011 tribute to him provides cultural and biographical context but no financial data.

Side-by-side: Sr. vs. Jr. wealth profile at a glance

Side-by-side desk scene with vintage wallet/documents and modern phone/notebook symbolizing past vs present wealth.
FactorFelipe Valls Sr. (historical)Felipe Valls Jr. (current)
StatusDeceased (2022)Active CEO/President
Primary wealth sourceVersailles Restaurant founding stake, Miami real estateValls Group operations, real estate, brand equity
Estimated net worth range$5M to $20M (historical, at peak)$10M to $30M (estimated, 2026)
Wealth verification difficultyHigh (private business, no public filings)High (private business, no public filings)
Best public data sourceCongressional Record 2011, Miami press archivesFlorida Sunbiz filings, Miami-Dade property records, news

Why net worth numbers conflict across sites

If you search "Felipe Valls net worth" right now, you will likely find figures ranging from a few million to tens of millions of dollars, sometimes on the same page attributed to different people without clarity. Here is why that happens and how to judge which numbers deserve any trust.

Most celebrity net worth aggregator sites build their estimates by copying each other rather than doing original research. One site publishes a number, a second site copies it, a third site rounds it differently, and soon there is a false consensus around a figure that nobody actually calculated. For private business owners like the Valls family, the problem is worse because there is no IPO prospectus, no SEC filing, and no public salary disclosure to anchor any estimate.

  • Red flag: a site that gives a single precise number (e.g., "$12,000,000") with no methodology explanation
  • Red flag: a site that does not distinguish between Sr. and Jr. and just says "Felipe Valls"
  • Red flag: a number that has not been updated since Sr. passed away in 2022
  • Green flag: a site that gives a range and explains what revenue or asset sources were used
  • Green flag: any estimate that references Florida corporate records, property data, or local press reporting
  • Green flag: transparency about whether the figure is for the individual or the business entity

For comparison, other Latin public figures with business empires of similar scale in the restaurant and hospitality space often carry net worth estimates in the $10 million to $50 million range on well-sourced profiles. That bracket is a reasonable sanity check for the Valls family as a whole. Similarly, when you look at profiles of business figures from other industries on sites like this one, the best-constructed entries always show the range and the reasoning, not just a single number. That is the standard to apply here.

Practical steps to verify and update the estimate today

If you need the most current and defensible estimate as of May 28, 2026, here is exactly what to do.

  1. Go to search.sunbiz.org and search "Valls" under officer/registered agent search. Pull up every active entity associated with "VALLS FELIPE A JR" or "VALLS GROUP" and note the number of active companies, their filing dates, and any recent changes. More active entities generally mean more business activity.
  2. Visit the Miami-Dade County Property Appraiser site (miamidade.gov/apps/pas) and search for properties associated with Valls or Valls Group. Note assessed values and ownership dates. Commercial property on SW 8th Street carries significant market value.
  3. Run a Google News search for "Versailles Restaurant Miami 2025" and "Valls Group 2025" to catch any recent expansion announcements, closures, financing news, or leadership changes that would materially affect the business value.
  4. Search the Miami Herald archive for any profile pieces on Felipe Valls Jr. published after 2022, as these sometimes include revenue figures or business scope details that anchor estimates.
  5. Check the Florida courts e-portal (myflcourtaccess.com) for any civil litigation involving Valls Group that could indicate financial stress or asset disputes.
  6. After gathering this data, update your range estimate: if you find new locations opened, increase your revenue baseline. If you find debt or litigation, apply a discount to your enterprise value. If Miami commercial real estate has appreciated, reflect that in the property component.

The kinds of events that would cause the net worth estimate to change materially are: a major new restaurant opening or franchise deal, the sale of any Calle Ocho real estate, a significant hospitality industry downturn affecting Miami tourism, or any estate or inheritance settlement tied to Sr.'s 2022 passing that restructures the ownership of the business. Keep an eye on local Miami business press for any of those signals, and treat any estimate you find today (including this one) as a snapshot that needs refreshing whenever one of those events occurs.

FAQ

Why do different websites show wildly different “Felipe Valls net worth” numbers?

Because Felipe Valls is tied to private restaurant entities, many sites publish a single “net worth” number that mixes business value with personal assets, sometimes without specifying whether it is Sr., Jr., or the combined family enterprise. The most defensible way to interpret results is to treat them as either “family enterprise value” (business plus property) or “personal net worth for Jr” (what one person owns personally), and verify which one the page is actually trying to represent.

If the net worth number is unreliable, what should I use instead to judge the business’s wealth impact?

A better anchor than “net worth” for a private operator is owner earnings or distributable cash flow. If you can find evidence of revenue changes, headcount, or major expansion costs, you can update the owner-earnings range even when property ownership details are unclear. The article’s range method is specifically designed for that, because profit margin and capitalization assumptions can be stress-tested.

How can I tell if a “Felipe Valls net worth” claim is mixing Sr. and Jr.?

You can often detect whether a site conflates Sr. and Jr. by checking for context clues like “founded Versailles in 1971” (typically Sr.) versus “active CEO/president of Valls Group” and current operations (typically Jr.). If the page mentions both historical founding and current executive control in the same estimate, it is likely blending identities.

Does restaurant revenue automatically mean the same level of net worth, or can the real estate be separated?

Yes, but only indirectly. Real estate inside restaurant groups can be owned in separate entities, leased to the operating company, or held personally. So you should not assume that a “restaurant revenue” estimate automatically includes the value of property. A practical check is to look for separate entity names in corporate registries and then map which entity actually holds leases or title, because that changes how much real estate you add to net worth.

Should I use Sr.’s net worth to estimate Jr.’s current wealth?

If Sr. died in 2022, his net worth estimate affects the story mainly through estate transfer, not through ongoing income. When you are estimating Jr.’s current net worth, focus on today’s operating cash flow, distributions, and any post-2022 ownership changes (for example, restructuring of shares or asset transfers into Jr.-controlled entities).

What are the biggest calculation mistakes people make when estimating net worth for restaurant owners?

One common mistake is using public-company-style multiples or margins that do not fit independent restaurants. Another is using revenue as “profit.” Independent restaurants typically have heavy labor and food costs, so applying a high net margin will inflate owner earnings and therefore the capitalization-based value. A quick sanity test is to keep net profit margin in a narrow band (the article uses 5 to 15% as a general range) and see whether the resulting enterprise value stays consistent with your revenue assumptions.

How would Sr.’s 2022 passing change an updated net worth estimate for Jr.?

Estate and inheritance settlements can reallocate ownership without changing the restaurants themselves. That means Jr.’s stake, the split between operating vs property entities, and debt ownership could shift after Sr.’s passing. If you see announcements about ownership changes, transfers between affiliates, or new mortgages tied to expansion, update the liabilities and equity assumptions, not just the revenue multiple.

How should I update the estimate when there is a new opening or when business conditions in Miami shift?

It depends on what you can observe. If you find evidence of new locations or major renovation spend, you might justify a higher revenue base. If you find closures, staff reductions, or weaker Miami tourism indicators, you should reduce revenue and potentially adjust margins downward. The key is to update one driver at a time, then see how sensitive the final range is to that change (margin swings usually move the estimate more than small revenue tweaks).

If Jr. is listed on filings, does that prove his personal net worth is higher?

Yes, but only if you have a reason to believe he owns the assets personally or through clearly identified entities. Corporate records can show who is registered for certain filings, but that does not prove personal ownership. For personal net worth, separate “control” (manager or registered agent) from “ownership” (who holds title or equity), then add personal real estate and investments and subtract debts tied to those ownership interests.

What should I do if I want the most current, defensible estimate as of this year?

Treat the final figure as a range and specify the date. A practical next step is to write down your inputs (number of locations, assumed revenue per location, margin band, capitalization multiple, and estimated real estate add-ons) and then update only those inputs when new signals appear. Without that, the estimate drifts into guesswork, which is what many aggregators do.

Citations

  1. Identidad pública más documentada bajo “Felipe Valls” (Florida, EE. UU.) corresponde a la familia fundadora/propietaria de Versailles Restaurant y Valls Group; en esas fuentes se distinguen explícitamente “Felipe Valls, Sr.” (fundador) y “Felipe Valls, Jr.” (su hijo, CEO/president).

    https://www.miaminewtimes.com/restaurants/obituary-felipe-valls-sr-founder-of-versailles-restaurant-1933-2022-15797892

  2. El Congressional Record de EE. UU. menciona que “Felipe Valls, Sr.” abrió Versailles (1971) y que su hijo es “Felipe Valls, Jr.” (con contexto familiar/participación temprana).

    https://www.govinfo.gov/content/pkg/CREC-2011-07-11/pdf/CREC-2011-07-11-pt1-PgE1282-3.pdf

  3. El sitio Sunbiz (registro mercantil de Florida) usa nominación con “Jr.” para “VALLS, FELIPE A JR” como registered agent/cambio de agente en reportes anuales, con dirección 3663 SW 8TH ST, THIRD FLOOR, Miami, FL 33135.

    https://search.sunbiz.org/Inquiry/CorporationSearch/GetDocument?aggregateId=domp-h52669-b78b44a7-a80d-47e3-b14f-c6430a02d517&formatType=PDF&transactionId=h52669-411fd841-e807-450b-92e6-91832fe4718d

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