Mecum Auctions pays the seller when payment is received and confirmed from the buyer. Dana Mecum is an American auctioneer and founder of Mecum Auctions. The Land Rover Defender V8, fully customized to suit Aidan's taste and personality. How does an online only auction work? What is the Mecum rule at Mecum Auctions? Mecums death was widely reported in March 2020, although he is very much alive. The registration fee is $0 during auction. In his spare time, Dana enjoys his personal car collection, which he started in the mid-1990s by purchasing mostly American high-performance, vintage racecars, Corvettes and muscle cars. Mecum drove his mother's GTO a bit when he was 16, before eventually owning a '66 GTO convertible of his own. Dana White Height. What Is Dana Mecum's Net Worth? Lot F88. Categories:Richest BusinessNet Worth: $45 Million. Mikhail Kalashnikov Biography, Net Worth, Age, Height, Weight, Girlfriend, Family, Fact, and More, David Katzman Biography, Net Worth, Age, Height, Weight, Girlfriend, Family, Fact, and More. If you want to know more about Dana Mecum net worth, be sure to check out the following article. Access your favorite topics in a personalized feed while you're on the go. Requires deposit of $9,000 cash or cashiers check(s) to obtain minimum bid limit of $90,000. He amassed his fortune thanks to his passion for cars. For his son's sweet 16 birthday, Dana White purchased the safest vehicle any parent would want their child driving in. By clicking Sign up, you agree to receive marketing emails from Insider star. His father was the largest fleet dealer in the U.S. at one time. Who sells more cars Mecum or Barrett Jackson? 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Through perseverance and with a deep passion for the industry, he has since grown the company into a thriving enterprise. Mecum and his wife, Patti, have four sons together. He also serves as president of The Harry A. Miller Club and enjoys participating in the annual Millers at Milwaukee event. He amassed his fortune thanks to his passion for cars. His wife's name is Patti Mecum. Your email address will not be published. He has an estimated net worth of $50 million as of 2023. What is the buyers premium at Barrett Jackson auction? Source of wealth. Mecum does not disclose what percentage they take from each sale, but it is rumoured to be around 10%. Dana Mecum was born in Monmouth, Illinois, in 1954. As of January 2022, ZipRecruiter reported that auctioneers earned an average annual wage of $54,113, with earnings typically ranging from $22,500 to $110,500. His father, Edward MECum, was a well-known fleet dealer from Monmouth, Illinois, and he grew up in the area. Dana Mecum is an inventor and president. The company is headquartered in Walworth, Wisconsin, and is tops in the world for the number of collector cars offered at auctions, the number of collector cars sold at auctions, and the host of the largest collector car auction, which takes place every year in Florida. Richest Business - Page 2 | Celebrity Net Worth Dana Mecum is an American businessman who has a net worth of $50 million. Dana Mecum is an American businessman who has a net worth of $50 million. seller Dana Mecum date of birth (DOB) is 1954. Danas older brother, David, is a successful businessman, and his sister, Diane, is a teacher. Lot R301 1968 Chevrolet Yenko Camaro RS/SS. Now, the company typically holds more than one auction every month with an inventory of about 15 thousand cars annually. American businessman Dana Mecum has an estimated net worth of $45 million in 2012. This is Remi. Lot R536 1966 Shelby GT350H Fastback. Carroll Shelbys 1965 Shelby 427 Cobra fetches $5.94M at Mecum auction. Uncategorized. One lucky buyer at Mecums auction held in Kissimmee, Florida, last week took home a piece of history. Dana Mecum is an American auctioneer and founder of Mecum Auctions. The entire family is heavily involved in the business. However, there are several factors that affect a celebritys net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. What car sold for the most at the Mecum auction? With a $25+ million net worth, spending $30,000 roundtrip to a destination two hours away is very digestible. Seller checks are then mailed within 5-7 business days. Dana Frederick White Jr. [2] (born July 28, 1969) is an American businessman who serves as president of the Ultimate Fighting Championship (UFC), a global mixed martial arts organization. And evidently, Mecum's fondness for GTOs hasn't faded much over the years. Lot F140. Built in 2016, this 33,000 square foot gem belongs to Dana Mecum of Mecum Collector Car Auction Fame. Edward Mecum, a well-known Fleet salesman, had a son named Dana Mecum, who was born in Monmouth, Illinois, in 1954. Mecum Auctions does not release its financial information publicly, but according to Forbes, the company made $119 million in revenue in 2015. Education. In the event of a Wire Transfer, payment may not arrive until the first business day after the auction. networth.com Alexa Rank 1,266,958 Domain WHOIS Registered with GoDaddy.com, LLC on April 29, 1992 WHOIS updated on February 10, 2023 Domain expires on April 30, 2024 IPv4 Address 3.140.204.221 Columbus OH 43215, United States (US . Mecum Auctions is headquartered in Walworth, Wisconsin, and since 2011 has been ranked No. Dana Mecum, an American businessman with a net worth of $45 million, is a well-known figure in the United States. The Mecum Auction Company is the largest antique, vintage, and collector car and motorcycle business in the world. Mecum has been featured on television shows such as Jay Lenos Garage and The Ellen DeGeneres Show. He is a member of the National Auctioneers Association and the Automotive Hall of Fame. How Many Protons Does Beryllium-11 Contain? Mecum Auctions also has the most auction sites in the United States, and does the highest volume of sales domestically of all car auction companies. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. What Is Dana Mecum's Net Worth? How Our Fees Work. Dana Mecum is an American auctioneer and founder of Mecum Auctions. Buyers pay a 5% fee on top of the final sale price to BaT, with a minimum of $250, and capped at $5,000. This particular collection features a variety of Pontiacs that are rare in both . star. Most of Mecum's net worth is achieved from Mecum Auction, his car auction company. Seller checks are then mailed within 5-7 business days. While its impossible to calculate the exact amount Dana Mecum is worth, we can use publicly available information such as salary, investments, businesses, endorsements, and other income to estimate a net worth for 2022. 1970 Dodge Challenger R/T Convertible Pilot Car. Online Bidding: The online bidding for each auction closes at the specified time. Dana Mecum Personal Car Collection Find Dana Mecum Personal Car Collection Dana Mecum is a wealthy American businessman with a fortune of $50 million. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. President . Much of her net worth comes from her salary as host of "The Rachel Maddow Show," but is also the author of the New York Times bestseller, "Drift: The Unmooring of American Military Power.". Depending on the deal, they may also receive bonuses.Apr 5, 2021. Lake Geneva, Wisconsin (WI), US. Advertisement. As for how much of a net worth you need to fly private, a minimum net worth of $25 million is suggested. The collection includes some rare, desirable, and low-mileage GTOs. The president of Mecum Auction will offer his ultra rare collection of 1960s-era Pontiacs during the 23rd Dana Mecum Original Spring Classic Auction, May 19-23, in Indianapolis, Ind. Phone Email. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Today Mecum Auctions is one of the largest antique, vintage, and collector car and motorcycle auction businesses in the world. What is the Mecum rule? They also give you a much higher likelihood of success. Your email address will not be published. 1968 Ford Shelby GT500 Fastback SOLD $90,000 #Mecum #Austin. Ive to click one star to be able to give them reviews. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. Commentators: Scott Hoke, John Kraman, Stephen Cox, Bill Stephens, Katie Osborne, and Townsend Bell. Dana Mecum is an American auctioneer and collector of rare automobiles. An example of data being processed may be a unique identifier stored in a cookie. He is the founder and president of Mecum Auctions, the worlds largest collector car auction company. I love to explore celebrities and write about their lives. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. What percentage do most auctioneers take? What is Crypto Art? Fans, please take into consideration that we didnt break into Dana Mecums bank accounts. 1K. However, the millionaire is still very much alive. Dana became famous after starting the car auction business Mecum Auctions. Help Center for Buyer Find Dana Mecum Personal Car Collection Sign In Access your account or create one now. Org Chart - Mecum Auction . Year Estimation; December 2020: $42.8K - $98.6K: November 2020: $50.1K - $125.2K: October 2020: $74.2K - $115.9K: September 2020: $80.4K - $111.8K: August 2020: Danas first car was a 1967 Chevrolet Camaro, which he bought when he was just 18 years old. Mecum Auctions' Dana Mecum Among his rewards for auctioning more collectible cars than anyone else in the world is a private jet that helps him sell even more. Dana Mecum is an American businessman who has a net worth of $50 million. They hold auctions all over the country and have become quite popular in recent years. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Twenty years ago, all Duesenbergs were worth a million bucks. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. George Clooney is an American actor, businessman, and filmmaker from Kentucky. Many of the cars are sold without reserve, meaning the owner will accept the highest bid, whatever it is. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Dana Mecums date of Birth 1954. About Us; Contact Us; Disclaimer; . The greatest antique, vintage, and collectible vehicle and motorcycle company today is the Mecum Auction Company. Dana Mecum net worth is $45 Million. How much commission do car auctions take? Mecum Auctions, which has existed for more than 25 years, had its inaugural auction at the Rockford Airport in 1988. My strengths in writing are that Im very confident about sharing my opinion and I think I can bring a different viewpoint on topics especially when it comes to writing on Showbiz and celebrities. Dana and his wife Patti live in the Geneva Lakes region of southeastern Wisconsin. Overall, Mecum achieved a 90 percent sell-through rate with nearly 3,000 vehicles changing hands over the course of the event. The entire family is heavily involved in the business. Consign Now. He joined the Mecum team officially in 2000, and by 2003, he was on the auction floor working as a bidder's assistant. Mecum Auctions also has the most auction sites in the United States, and does the highest volume of sales domestically of all car auction companies. In 2018, the Ferrari 250 GTO by Scaglietti chassis no. In his spare time, Dana enjoys his personal car collection, which he started in the mid-1990s by purchasing mostly American high-performance, vintage racecars, Corvettes and muscle cars. One lucky buyer at Mecum's auction held in Kissimmee, Florida, last week took home a piece of history. Mecum Auctions has grown to become one of the largest and most well-known auction companies in the world. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. Dana Mecum's Overview. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. They have nine grandchildren. (B) Should Buyer default upon his purchase in any manner, for any reason, Buyer agrees to pay Barrett-Jackson the full sum of both the buyers premium 15% of sale price live (17% absentee/internet) and sellers commission (15% of sale price). Seeing as his father owned a Pontiac dealership, GTOs have been a part of Mecum's life since he was a kid. Its normal to expect to pay a higher price for better results, so a higher price is justified. Dana Mecum Date of Birth Dana Mecum date of birth is 1954. What is Frank Mecum net worth? Mecum has been featured on numerous television shows, including the Discovery Channels Auction Kings and NBCs American Dream Builders. He is also a regular guest on the nationally syndicated radio show The Car Show.. They have four sons all of whom are active members of the Mecum team. Dana's focus, interest and expertise in the. Dana Mecum, the founder and president of Mecum Auctions, is auctioning off several muscle cars from his personal collection. He has an estimated net worth of $50 million as of 2023. The Mecum Auction Company is the largest antique, vintage, and collector car and motorcycle business in the world.