David Beador

David Beador Net Worth

Discover David Beador’s net worth, career, and personal life, including his marriage to Shannon Beador and his real estate ventures. Get the latest updates on this entrepreneur and his businesses.

David Beador at a Glance

  • Categories: Business, Business > CEOs
  • Net Worth: $20 Million
  • Birthdate: Dec 6, 1965 (58 years old)
  • Gender: Male
  • Profession: Entrepreneur

What Is David Beador’s Net Worth?

David Beador, an American entrepreneur and businessman, has established a noteworthy presence in the business world. His net worth is estimated at $20 million. Born on December 6, 1965, Beador is a prominent figure based in Newport Beach. He is best known as the former husband of Shannon Beador, a star from “The Real Housewives of Orange County.”

Beyond his entrepreneurial ventures, David Beador gained media attention through his appearances on “The Real Housewives of Orange County,” featuring in 60 episodes between 2014 and 2017. He has also made appearances on various other television programs, including “Home & Family,” “Watch What Happens: Live,” and “Steve Harvey.” Beador is the founder and owner of Beador Construction Inc., located in Corona, California. The company reportedly generates approximately $13 million in annual revenue, showcasing his success in the construction industry.

Career

In 1996, David Beador, along with his father, founded Beador Construction Inc. The company has grown significantly since its inception and currently employs around 80 people. Beador Construction, Inc. primarily specializes in highway, street, and bridge construction. However, the company’s expertise extends to non-residential construction projects and the construction of single-family homes. As the founder and CEO, David Beador manages the company’s operations, driving its growth and ensuring its success in the competitive construction market.

Beador Construction’s focus on infrastructure projects demonstrates its commitment to contributing to the development of communities and improving transportation networks. Their involvement in a variety of construction projects further highlights the company’s versatility and ability to adapt to different project requirements. David Beador’s leadership has been crucial to the company’s sustained growth and its reputation for delivering high-quality construction services.

Personal Life

David Beador’s personal life has also been a subject of public interest. He married Shannon Storms on September 16, 2000. Together, they have three daughters: Sophie, born on June 26, 2002, and twins Adeline and Stella, born on June 15, 2004. Their marriage was documented during Shannon’s first season on “The Real Housewives of Orange County,” where viewers witnessed the couple navigating challenges while raising their three children. The show provided a glimpse into the complexities of their relationship and the pressures of balancing family life with public exposure.

David and Shannon Beador

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The couple’s marriage ended in December 2017 when Shannon filed for divorce after 17 years. During their marriage, David reportedly had an eight-month affair with a woman named Nicole McMackin. The divorce was finalized in April 2019. As part of the settlement, the former couple agreed to joint custody of their daughters. David was required to pay Shannon $1.4 million, along with monthly child support of $2,935 and spousal support of $7,065. During a 2016 reunion episode of “The Real Housewives,” Vicki Gunvalson alleged that David had physically abused Shannon. Shannon denied these claims, emphasizing that she would never stay in an abusive relationship.

In January 2018, David Beador began a relationship with Lesley Cook, and they became engaged in January 2020. They married in October 2020, and their daughter, Anna, was born in early 2021. Following his remarriage, David refused to allow his daughters Adeline and Stella to continue appearing on “Real Housewives” due to concerns about Lesley being mentioned on the show. Shannon filed an emergency court order, stating that David was uncooperative in co-parenting discussions and often made unreasonable demands on the production company. The court ruled in Shannon’s favor, and she was awarded her legal fees of $6,938.

The complexities surrounding David Beador’s personal relationships and his interactions with his family and the media continue to be a significant part of his public persona. The legal battles and co-parenting challenges highlight the difficulties that can arise in high-profile divorces and blended families.

Real Estate

In 2012, David and Shannon Beador moved into a luxurious 13,306-square-foot mansion built with non-toxic materials. The eco-friendly home featured seven bedrooms and 10.5 bathrooms. In 2013, they listed the property for nearly $16 million, later relisting it for $10.898 million in February 2016. The property’s features and amenities were highlighted in a video tour, offering potential buyers a glimpse into the lavish lifestyle it offered.

Two months after the final relisting, the four-story estate was sold for $9.05 million. The property included an indoor basketball court, an elevator, a children’s tea room, and a piano room. Additional features included a guest house, a putting green, and a swimming pool, enhancing its appeal to luxury buyers. The sale of the home marked a significant transaction in the real estate market and reflected the couple’s investment in high-end property.