David Beador Net Worth: How Much Money Does He Invest in Real Estate?

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Since David Beador filed for divorce from his wife of two years, Lesley Cook, alleging “irreconcilable differences” last week, he has been in the news. Cook has asserted that Beador submitted a motion for dismissal of divorce later, but she chose to continue with the divorce process.

David was formerly married to Shannon Beader, a former cast member of The Real Housewives of Orange County, and they separated in 2019. According to sources, the business owner and Lesley have a prenuptial agreement, and their assets would be distributed accordingly. However, how much are David Beader’s assets worth? Find out by reading on.

What is David Beador’s Net Worth?

According to CelebrityNetWorth.com, David Beador’s net worth is $20 million. Approximately $13 million in year sales is generated by his company, Construction Inc., in Corona, California, according to published accounts. David and his father created the company in 1996 to construct highways, bridges, and streets.

David Beador Net Worth

David serves as the chief executive officer of a company that employs approximately 80 individuals. Additionally, they work in commercial and single-family housing construction.

In addition to his business activities, David appeared with his ex-wife Shannon Beader in multiple episodes of The Real Housewives of Orange County between 2014 and 2017. In addition to Home & Family, he has appeared on The Steve Harvey Show and Watch What Happens: Live.

David paid Shannon Beador $1.4 million in a divorce settlement.

 

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David and Shannon were wed in 2000. In 2002, the couple welcomed a daughter, followed by twin girls in 2004. During the production of the first season of RHOC, the couple’s marriage experienced difficulties, and they attempted to address their concerns in front of the camera while also raising their children and managing their careers.

Shannon then filed for divorce in December 2017 following rumours that David was having an affair with Nicole McMackin. In April 2019, the divorce was finalised, and the former couple agreed to share custody of their daughters. David was required to pay his ex-wife $1.4 million in the divorce settlement. Additionally, he agreed to pay Shannon $7,065 in monthly spousal support and $2,935 in monthly child support.

In 2018, Beador began dating Lesley Cook. The couple became engaged in January 2020 and wed in October of the same year. In 2021, the couple welcomed their daughter Anna. Now the couple has separated, and their divorce processes will commence shortly.

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Real Estate Investments

Beador has also made substantial real estate and property investments. In 2012, David and his then-wife Shannon moved into a 13306-square-foot eco-friendly mansion with seven bedrooms and ten bathrooms.

The house was marketed as distinctive due to the use of non-toxic materials. In 2013, the couple put the home on the market for around $16 million. They relisted the property in February 2016 for $10.898 million and sold it two months later for $9.05 million.

The four-story estate reportedly features an indoor basketball court, swimming pool, golf course, elevator, piano room, and guesthouse.

For other entertainment-related news and updates, watch this space.

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