David Beador net worth has long been a subject of interest, not only due to his media presence but also because of his successful ventures in the construction industry. As the founder and CEO of Beador Construction Inc., he has made significant strides in building wealth, earning millions annually from the company. This article, brought to you by WorldofCeos, dives into how he amassed his fortune through strategic business decisions and leadership in the construction world.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | David Beador |
| Popular Name | David Beador |
| Gender | Male |
| Birth Date | December 6, 1965 |
| Age | 58 years old |
| Parents | N/A |
| Siblings | N/A |
| Birthplace | N/A |
| Nationality | American |
| Ethnicity | N/A |
| Education | N/A |
| Marital Status | Married |
| Spouse | Lesley Cook (since 2020), Shannon Storms Beador (divorced 2019) |
| Children | Sophie, Adeline, Stella, Anna |
| Dating | N/A |
| Net Worth | $20 million (as of 2024) |
| Source of Wealth | Beador Construction Inc. |
| Height | N/A |
What is the Net Worth of David Beador in 2024?
As of 2024, David Beador’s net worth is estimated to be around $20 million. His wealth stems primarily from his leadership role as CEO of Beador Construction Inc., a company that earns approximately $13 million annually. Compared to other high-profile figures in the construction industry, David’s financial success is notable. Here are a few names related to his sphere of influence and industry:
- Shannon Beador
- Lesley Cook
- Beador Construction
- Real Housewives
- Sophie Beador
- Adeline Beador
- Newport Beach
- California court
- Anna Beador
For a deeper look into the world’s wealthiest CEOs, explore the richest business leaders in the world
Finance Overview
His Business Leadership and Achievements in the Construction Industry
David Beador’s journey in the construction industry began when he co-founded Beador Construction Inc. with his father in 1996. The company, specializing in highway, street, and bridge construction, rapidly grew under his leadership, earning an impressive $13 million annually. Beador’s business acumen helped him stand out in the industry, particularly in non-residential and home construction projects. His strategic decisions, focused on expanding the company’s scope, played a significant role in his financial success. He continues to serve as the company’s CEO, ensuring its stability and profitability.
The Role of Media Exposure in Boosting His Wealth
Beador’s media exposure, particularly through his appearances on The Real Housewives of Orange County, significantly contributed to his public profile and, indirectly, his wealth. Being featured alongside his then-wife Shannon Beador brought him into the spotlight, adding a new dimension to his career. This exposure opened doors to other opportunities in reality TV, further contributing to his financial growth.
His Personal Life and Its Financial Implications
David Beador’s personal life has also had notable financial implications. His high-profile marriage to Shannon Storms Beador, followed by a widely publicized divorce, resulted in a $1.4 million settlement. Additionally, Beador pays $2,935 in monthly child support and $7,065 in monthly spousal support. These financial responsibilities, combined with the media attention surrounding the divorce, impacted his net worth and overall financial standing.
Real Estate Investments and Major Transactions
Real estate has played a key role in David Beador’s wealth accumulation. One of his most significant real estate transactions was the sale of his eco-friendly mansion for $9.05 million. This property, designed with sustainability in mind, highlighted his commitment to both luxury and environmental responsibility. Beyond this sale, Beador is known for making other notable property transactions that have contributed to his overall financial portfolio.
Financial Impact of Divorce and Legal Settlements
The financial impact of Beador’s divorce from Shannon Beador cannot be understated. Beyond the hefty $1.4 million settlement, David has been responsible for regular payments of both spousal and child support. These ongoing financial commitments significantly affected his wealth. Additionally, the legal proceedings surrounding custody arrangements for his children added further financial strain. Despite this, Beador has managed to maintain a robust financial standing, continuing to lead Beador Construction with success.
Family Life, Children, and Financial Responsibility
David Beador’s family life is central to his financial obligations. He is a father of four children: Sophie, Adeline, Stella, and Anna. Beyond regular child support payments, Beador also faces financial responsibilities tied to his children’s education and lifestyle. His role as a parent, combined with the ongoing financial commitments related to his divorce, continues to shape his wealth and future financial outlook.
FAQs About David Beador
Who is David Beador’s spouse?
David Beador is currently married to Lesley Cook, whom he wed in 2020. He was previously married to Shannon Storms Beador, from whom he divorced in 2019.
How many children does David Beador have?
David Beador has four children: Sophie, Adeline, Stella (with Shannon Beador), and Anna (with Lesley Cook).
What is David Beador’s source of wealth?
David Beador’s wealth comes primarily from Beador Construction Inc., a construction company he co-founded with his father.
What are David Beador’s major business ventures?
His primary business venture is Beador Construction Inc., a construction company that focuses on highway, street, and bridge construction.
What is David Beador’s role in Beador Construction?
David Beador is the CEO of Beador Construction Inc., overseeing the company’s daily operations and long-term business strategies.
Conclusion
As we delve into David Beador’s wealth and financial journey, we invite readers to share their thoughts or questions in the comments. For more in-depth articles and insights, be sure to visit worldofceos.com.
