text: Other business ventures Gloria and Emilio Estefan own a number of business establishments, including several Cuban-themed restaurants (Bongos Cuban Café; Larios on the Beach). The restaurants are located in Miami Beach, downtown Miami (part of the American Airlines Arena), at the Seminole Hard Rock Hotel and Casino in Hollywood, Florida, Walt Disney World's Disney Springs in Orlando, Florida, and at Miami International Airport. They also own two hotels: Costa d'Este in Vero Beach which opened in 2008, and The Cardozo in Miami Beach. In June 2009, Estefan and his wife became the first Hispanics to buy a minor ownership stake in an NFL team, the Miami Dolphins. According to articles published in People en Español and AARP Magazine, the Estefans' estimated net worth as of 2011 was approximately $700 million.
  Awards
  In 1994, Estefan was awarded the El Premio Billboard award for his work in the Latin music industry. In the same year, he was given the Excellence Award at the 1994 Lo Nuestro Awards. At the Latin Grammy Awards of 2000, Estefan received the award for Producer of the Year for his work on the albums Ciego de Amor by Charlie Zaa, El Amor de Mi Tierra by Carlos Vives and was recognized as the first Person of the Year by the Latin Recording Academy.