What is David Beador's Net Worth in 2020? Complete Breakdown
Learn about the net worth details of the ex-husband David Beador of 'The Real Housewives of Orange County' star Shannon Beador.
'The Real Housewives of Orange County' alumnus David Beador recently married his pregnant fiancée Lesley-Ann Cook, as per reports by Daily Mail. The marriage comes a year after the 55-year-old businessman finalized his divorce from his ex-wife Shannon Beador.
'The Real Housewives Of Orange County' star Shannon Beador and David Beador were married for 17 years before separating in 2019. Now, David Beador has been able to stabilize his personal life, but what about his professional life? As a businessman, he's a very busy person, but it seems to be worth it because he gets to earn a significant amount of money. So, how much net worth has he been able to accumulate so far? Let's find out.
What is David Beador's Net Worth in 2020?
According to Celebrity Net Worth, David Beador holds an estimated net worth of $20 million as of December 2020. He made this enormous fortune as an entrepreneur and business owner, as he owns the company Beador Construction Inc.
David Beador holds an estimated net worth of $20 million as of 2020.
Source: Page Six
David Beador founded Beador Construction Inc. in 1996 with his father, and since then, he's been working there. At present, the company employs about 80 employees. The company works on civil engineering projects like highway, street, and bridge construction. Additionally, it also takes on residential and commercial construction. According to Showbiz Cheat Sheet, the company generated average annual revenue of $13 million.
There are no public details available regarding how much David Beador earns on average per year. But, according to Daily Mail, the RHOC alum reportedly made $179,432 per month before taxes in 2016. That totals to nearly $2 million of annual earnings for the 55-year-old businessman.
David Beador Pays Shannon Beador $22,500 Per Month in Alimony.
As per People, David Beador pays his ex-wife Shannon Beador $22,500 a month in child and spousal support. The court had previously ordered him to pay $30,000 per month in alimony, but it was reduced to $22,500 eventually.
David Beador pays his ex-wife Shannon Beador $22,500 in alimony.
Source: Bravo TV
To talk about the custody of children, Shannon Beador looks after them, but the kids can also spend a significant period of their time with David Beador. David and Shannon share three daughters: Stella Beador, Sophie Beador, and Adeline Beador.
Also See: What is G Herbo's Net Worth in 2020?
David Beador and Shannon Beador Used to Live in New Port When They Were Married
Shannon Beador and David Beador used to live in a two-story mansion in the Crystal Cove community of Newport Beach, California. However, the two sold the house in 2016, for $9.05 million, as per the Los Angeles Times. At the time, they were still married.
Shannon Beador and David Beador sold their house in Newport Beach for $9.05 million.
Source: Los Angeles Times
The European Country-inspired house was designed by architect Richard Krantz, and the interiors were designed by Robert Ricker. It has features such as grand formal rooms, two kitchens, an indoor basketball court, and a gym in 13,306 square feet of space. There are also elevators on each of the home's four levels. Additionally, the home comes with seven bedrooms and 10.5 bathrooms.
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