David Beador needs no introduction for Real Housewives of Orange County die-hards. But just in case you don’t care to watch a bunch of ladies tear each other down and showcase their rich lifestyles, here’s a little intro of who this man is. David is Sharon Beador’s rich ex-husband who together with his wife debuted on the RHOA show in 2013 during the 9th season.
The minute the couple popped up in our screens, it was clear they had a lot of money in the bank. Their Newport-Beach massive home complete with an indoor basketball court, panic rooms, piano room, and underground parking surely didn’t come cheap. Some sources say the Beadors purchased the home in 2011 for $2.35million which they later sold for $9 million.
David and Shannon were married for a solid 17 years and share three beautiful daughters together. However, when David cheated on the reality star, he was shown the door.
They have since then parted ways but share joint custody with the kids. As a result, David is required to pay Shannon $22,500 per month for child and spousal upkeep. This is no mean feat for anyone. Just where does this man get his income from? Let’s find out.
Construction Company Owner
David Beador’s main source of wealth is in the construction industry. He just so happens to co-own Beador Construction, Inc., a construction company he founded with his father in 1996. Essentially, the company handles civil engineering projects such as the streets, highways, and bridges. The company has had quite some success since its inception.
According to Celebrity Net Worth, Beador has a total of 80 employees and generates a whopping $13 million in annual revenue. In fact, Daily Mail claims that David made monthly revenue of about $179,432 in 2016 from the civil engineering firm. Not too bad for a 23-year old construction company, right! Now you know why Shannon and her kids can comfortably afford their fancy lifestyle.
Where are David and Shannon Now?
A lot has happened since David and Shannon finalized their divorce proceedings. After the one-and-a-half year-long divorce battle, both of them moved on with their lives. They simply co-parent their kids but they are now dating new people. Shannon is currently with John Janssen while David is seeing Lesley Cook.
Things seem to be looking up for David’s ex-wife Shannon both romantically and financially. Apart from being “in love” with her new catch, she recently started a low-calorie food line dubbed, “Real for Real Cuisine.” The 450-calorie meals debuted under on QVC and seem to be picking up pace as the reality shared a social media update in 2018 claiming that QVC’s Customer Food Choice Award had nominated her veggie burgers as the “Best Burger” of the year.
That’s not all: the reality star doubled her earnings from RHOC because of the divorce battle. The drama was simply too gripping! As we speak, both David and Shannon Beador have the same net worth -$20 million.
David Beador is a rich man who has worked his way up the success ladder. His construction company is quite successful and earns him a decent income. We certainly wish him well in his new relationship and other endeavors!