HomeEntertainmentDavid Beador Net Worth: Know the Earnings of the Entrepreneur

David Beador Net Worth: Know the Earnings of the Entrepreneur

Entrepreneur David Beador has been in the news lately, ever since he filed for divorce from his wife of two years, Lesley Cook citing ‘irreconcilable differences’ last week. Cook has claimed that Beador filed a request for dismissal of divorce later, but she had decided to go ahead with the legal proceedings to end her marriage.

David was earlier married to The Real Housewives of Orange County alum Shannon Beader and divorced her in 2019. As per reports, the entrepreneur and Lesley have a prenup agreement in place, and their assets will be divided accordingly. But how much worth are David Beader’s assets? Read on to find out.

David Beador’s Net Worth

As per the website Celebrity Net Worth, David Beador has a net worth of $20 million. Most of this fortune has been made through his company, Construction Inc., in Corona, California, which generates around $13 million in revenue every year, as per reports. The firm was founded by David and his father in 1996 to work on highway, bridge and street construction.

The company has employed some 80 people, with David as CEO. They also work in non-residential and single-family home construction. Apart from his business endeavors, David also featured in several episodes of The Real Housewives of Orange County with his ex-wife Shannon Beader between 2014 and 2017. He has also appeared in Home & Family, The Steve Harvey Show and Watch What Happens: Live.

David Paid $1.4 Million in Divorce Settlement with Shannon Beador

David got married to Shannon in 2000. The couple welcomed a daughter in 2002 and twin daughters in 2004. However, the marriage went through trouble during the filming of the first season of RHOC, and the two tried to resolve their issues in front of the camera while also raising their kids and managing work.

Shannon then filed for divorce in December 2017 after reports of David having an affair with a woman named Nicole McMackin surfaced. The divorce was finalized in April 2019 with the former couple agreeing to share the custody of their daughters. David was asked to pay $1.4 million to his ex-wife in the divorce settlement. He also agreed to pay $7,065 in monthly spousal support and $2,935 in monthly child support to Shannon.

Beador then started dating Lesley Cook in 2018. The two got engaged in January 2020 and married the same year in October. The couple welcomed their daughter Anna in 2021. Now the duo has also separated, with their divorce proceedings set to begin soon.

Real Estate Investments

Beador has also made significant investments in real estate and properties. In 2012, David, along with his then-wife Shannon, moved into an eco-friendly 13,306 square-foot mansion that comprised seven bedrooms and 10 bathrooms.

The house was touted as unique since it was made with non-toxic materials. In 2013, the couple listed the property for approximately $16 million. In February 2016, they relisted the mansion for $10.898 million and eventually sold it two months later for $9.05 million. The mansion is said to be four-storeyed, with an indoor basketball court, swimming pool, golf course, elevator, piano room and a guest house.

For more news and updates from the entertainment world, keep watching this space.

Jashan
I am someone who follows Celebs and Pop Culture. You will see me covering News articles every day with my touch of creativity and style.
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