Dave Hester professionally known as The Mogul is an American TV personality, auctioneer, and auction hunter. Known for his involvement in auctioning at charity events and storage auction businesses for over 25 years, Dave Hester is famed for his appearance in Storage Wars.
Blessed with a successful career, Dave Hester is estimated to have a net worth of $4 million. The 54-year-old Dave is the CEO/Owner of Dave Hester Auctions. Curious to know Dave Hester's salary, earnings, and properties? Let's find out.
Dave Hester, with his experience in the business venture and his trade tactics, has earned a lot. As reported, after Hester signed re-signed an agreement to appear in the A&E Network American reality series Storage Wars in 2012, his salary became $25,000 per episode.
The contract included a guarantee of 26 episodes, $2500 per month for travel, a $124,500 expense account, and a $25,000 signing bonus under his annual income of $829,500.
Storage Wars with a theme of "Money Owns This Town" features an auction settlement where professional buyers who visit storage facilities throughout the state. They bid for lockers kept in an auction when rent is not paid on a storage locker for three months in California.
In 2005, Dave Hester was convicted of a DUI and was forced to community service at a local Goodwill Store. Then seeing potential in this venture, Dave turned the store to a thrift store.
Later, Dave started his own business namely Dave Hester Auctions and started appearing in the reality show Storage Wars which aids his million dollar fortune.
Reportedly, Dave Hester is estimated to be enjoying the net worth of $4 million as of 2018.
As for a fact, back in December 2012, Dave filed a lawsuit of $750,000 for general and punitory damages to Storage Wars after being terminated for the 4th season of the series.
Later, the case was resolved in July 2014 and he returned to the show.
As reported, Dave Hester owns a house in Westminster, California where he lives with his son Dave Hester, Jr., the identity of his wife being undisclosed.
Well, the 1,263 square foot single family home was built in 1958. The house featuring 4 bedrooms and 2 bathrooms was bought by Dave Hester on September 27, 1995, for $155,500. Now, the value of his house is estimated to be worth $500,000.
And talking about cars, Dave Hester owns some unique collection of cars which include a Lexus, Cadillac Hot Rod, a Ford, and a 2006 Honda Odyssey. The worth of his collection is assumed to be around $115,000.
Also, Dave Hester reportedly bought a painting The Golden Pool for $750 and later sold it for $155,000. The son a military man and train collector, Dave sold his hoarder father’s train collection for a small fortune which took him 5 years.
Dave stated that the pickers come to his store to buy art at a low price, but Dave sells his pieces at a true price: upwards of $150,000.
Probably, Dave Hester is going to earn more in the near future. We wish him best and stay tuned for Hester's property and net worth update.