What Is David Beador’s Net Worth?
David Beador, a Newport Beach-based entrepreneur and former husband of “The Real Housewives of Orange County” star Shannon Beador, has a net worth of $20 million. He appeared in 60 episodes of the reality show between 2014 and 2017 and has made appearances on “Home & Family,” “Watch What Happens: Live,” and “Steve Harvey.”
Beador is the founder and owner of Beador Construction Inc. in Corona, California, which reportedly brings in around $13 million in revenue per year.
Background: Beador Construction Inc.
David Beador co-founded Beador Construction Inc. with his father in 1996, and the company currently employs approximately 80 workers. The company specializes in highway, street, and bridge construction, as well as non-residential and single-family home construction. David serves as the CEO and manages the company’s operations.
David Beador’s Marriage and Divorce from Shannon Storms
David Beador married Shannon Storms in September 2000, and they had three daughters together. However, during Shannon’s first season on “Real Housewives,” their marriage hit a rough patch, and they worked through their issues in front of the camera. Shannon filed for divorce in December 2017 after 17 years of marriage, citing an eight-month affair David had with a woman named Nicole McMackin.
Their divorce was finalized in April 2019, with joint custody of their daughters and a settlement that included David paying Shannon $1.4 million, as well as monthly child and spousal support. During a “Real Housewives” reunion, allegations of physical abuse surfaced, but Shannon denied them.
David Beador’s Remarriage and Custody Battle
After his divorce from Shannon, David began a relationship with Lesley Cook and married her in October 2020. They have a daughter named Anna. David refused to let their two daughters from his previous marriage continue to appear on “Real Housewives” out of fear that Lesley would be mentioned.
Shannon filed an emergency court order, stating that David was uncommunicative and that he would make unreasonable demands on the production company if he did agree to let their daughters appear on the show. A judge ruled in Shannon’s favor, and she agreed to pay David’s legal fees.
David and Shannon’s Eco-Friendly Mansion Sells for $9.05 Million
In 2012, David and Shannon moved into a 13,306 square foot mansion made with nontoxic materials. The seven-bedroom, 10.5-bathroom home was put on the market for nearly $16 million in 2013, then relisted for $10.898 million in February 2016. The estate includes an indoor basketball court, elevator, children’s tea room, and piano room. The property features a guest house, putting green, and swimming pool.
The four-story eco-friendly mansion sold for $9.05 million two months after being listed.
