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. Buyers pay a 5% fee on top of the final sale price to BaT, with a minimum of $250, and capped at $5,000. Lot F88. In Marengo, Illinois, his father had a Pontiac business that eventually sold used cars from Avis. State Farm Stadium. He then transitioned into working as an auctioneer and eventually founded his own company in 1988. In 2022, Dana Mecum's net worth was estimated to be $45 Million. Consign Now. How Many Protons Does Beryllium-11 Contain? Dana Mecum is a car collector who owns over 1,000 cars. Dana Mecum is an American auctioneer and President of Mecum Auctions, Inc. If you have a $25+ million net worth and earn at least $680,000 a year in active income (not . At the Almeria Western Film Festival in 2015, Mecum earned the Grand Jury Prize for Special Mention Short film. Dana Mecum is an American businessman who has a net worth of $50 million. Dana is the president and founder of Mecum Auctions, launching the company from his kitchen table with the help of his wife, Patti, and a few close friends back in 1988. How much does it cost to bid on cars at Barrett Jackson? Mecum was widely reported dead in March 2020, but the billionaire is still alive and well. Dana Mecum founded Mecum Auctions while sitting at his dining room table. In 1984, Dana founded Mecum Auctions, which has become one of the worlds largest collectors car auction companies. Fidlarmusic will provide all the information you need about his salary and more. His enthusiasm for automobiles earned him money, as did his desire to own a car. Dana Mecum, the founder and president of Mecum Auctions, is selling off a handful of stunning, low-mileage muscle cars from his personal collection next month. The NPA awarded Les and Seth Dana Mecum for Excellent Community Relations. Continue with Recommended Cookies. He has an estimated net worth of $50 million as of 2023. He has an estimated net worth of $50 million as of 2023. What is the most expensive car sold at Mecum auction? In 2001, Mecum Auction moved into its current headquarters in Marengo, Ill. Does Dana Mecum have a car collection? Source: Mecum Auction, Inc. #### Many of the cars are sold without reserve, meaning the owner will accept the highest bid, whatever it is. Dana Mecum is a Richest Businessmen. Dana Mecum is a wealthy American businessman with a fortune of $50 million. Mecum Auctions is the worlds largest collector car auction company, and Dana Mecum is at the helm. Save my name, email, and website in this browser for the next time I comment. And nobody understands this better than Mecum Auctions. Best Ultimate Guide 2023. Phone Email. While the buyers premium can depend on the event, the premium for the Mecum Las Vegas motorcycle auction is: 10% standard premium at the event.Sep 5, 2020. Mecum Auctions president and inventor, Dana, started the business in 1988 at his kitchen counter with the assistance of his wife, Patti, and a few close friends. Though the company, which has been moving cars since founder Dana Mecum's first sale in 1988, is based in Wisconsin, it lives on the. He is the founder and president of Mecum Auctions, the worlds largest collector car auction company. 6 Where does Dana Mecum of Mecum Auction Live? The Mecum Auction Company is the largest antique, vintage, and collector car and motorcycle business in the world. Carroll Shelbys 1965 Shelby 427 Cobra fetches $5.94M at Mecum auction. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. They have four sons all of whom are active members of the Mecum team. Dana Mecum's GTOs will cross the auction block during Mecum Auctions' Indianapolis sale, which will take place from July 10 through July 18. So looking at the number of cars sold the nod goes to Mecums with 1,811 cars sold, 35% more than their Scottsdale rival Barrett-Jackson who sold 1,343. He amassed his fortune thanks to his passion for cars. The youngest of three children, Dana grew up on a farm where his father raised corn and soybeans, and his mother ran the household. . Mecum auctioneers are very dishonest! They also give you a much higher likelihood of success. 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. How much does it cost to be a bidder at Mecum Auto auction? What is the Mecum rule? You usually wont get a test drive, theres no warranty, and the vehicle could easily have a sketchy past. Today Mecum Auctions is one of the largest antique, vintage, and collector car and motorcycle auction businesses in the world. I love to explore celebrities and write about their lives. 1968 Ford Shelby GT500 Fastback SOLD $90,000 #Mecum #Austin. Mecum and his wife, Patti, have four sons together. Foul play is not suspected, but his family is concerned for his safety. Edward Mecum, a well-known Fleet salesman, had a son named Dana Mecum, who was born in Monmouth, Illinois, in 1954. Overall, Mecum achieved a 90 percent sell-through rate with nearly 3,000 vehicles changing hands over the course of the event. He amassed his fortune thanks to his passion for cars. He is a member of the National Auctioneers Association and has been inducted into the National Auctioneers Association Hall of Fame. The issue started when media outlets mistook and started reporting Mecum as deceased after reading an obituary for his recently deceased good friend Bill Grams. If you want to celebrate Dana Mecum birthday then you can celebrate in 1954. As a seller, you pay between $500 and $1,500 to list your car, with prime-time auction spots in the catalog coming more dearly. In the event of a Wire Transfer, payment may not arrive until the first business day after the auction. Your email address will not be published. Just before heading off to Florida for Mecum Auctions' huge and annual collector car sale at Kissimmee, John Kraman looked back on 2020, the year interrupted, though only briefly for Mecum, by the coronavirus pandemic. 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. In fact, one of the GTOs up for sale is so dear to Mecum that its sale comes with a stipulation: If the buyer ever decides to sell, it has to go back to Mecum. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Dana Mecum nickname is Dana. The registration fee is $0 during auction. We use cookies to ensure that we give you the best experience on our website. In 2022, Dana Mecums net worth was estimated to be $45 Million. By Champion3 @ 2012-08-14 13:32:31. In southeast Wisconsins Geneva Lakes area, Dana and Patti reside. He amassed his fortune thanks to his passion for cars.Additionally, what is the Mecum rule? How much commission do car auctions take? Frank Mecum has been placing the Mecum Sold stickers on cars since he was just 8 years old. Dana Mecum is an inventor and president. The bulk of that $217 million was made up of mid-range collectible cars, with 2,954 cars sold at a 90 percent sell-through rate. Dana Mecum is the founder and president of the Mecum Auction Company. Katie Osborne, a reporter for Mecum on NBC Sports, says anyone who has an appreciation for classic and collector cars can get in on the action. Mecum's passion for collector cars meant it had to have plenty of garage space and not just any kind of garage space; he went with a fieldstone, multi-car, show garage with glass garage doors, porcelain flooring and a rooftop swimming pool. What kind of car does Dana from mecums drive? Remi is a fantastic entertainment content writer. How old is he? 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. MST. 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. Your email address will not be published. Dana Mecum is an American businessman who has a net worth of $50 million. Barrett-Jackson differs from Mecum's in that it places reserves on only very few high value cars and as a result Barrett-Jackson's sell through is in the 98% range. - Net Worth Eye: [] [ February 16, 2023 ] Ong Squad Biography, Net Worth, Age, Height, Boyfriend, date of birth, bir []. Mecum Auctions is headquartered in Walworth, Wisconsin, and since 2011 has been ranked No. Dana Mecum net worth is $45 Million in [year]. As with most jobs, one of the factors influencing auctioneer salary is geographic location.Feb 15, 2022, Auctioneers charge the seller a commission, which is typically a percentage of the gross sales, or a minimum fee, whichever is greater. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. as well as other partner offers and accept our, Visit Business Insider's homepage for more stories. 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. In 2015, he sold the first production Chevrolet Corvette for $1.4 million. Mecum adds a second Florida sale but postpones annual Las Vegas motorcycle auction. He is the founder of Mecum Auctions, the worlds largest collector car auction company. Dana Mecum . Now, the company typically holds more than one auction every month with an inventory of about 15 thousand cars annually. We know that Dana is married at this point. 1970 Dodge Challenger R/T Convertible Pilot Car. Mecum rule: if you raise your own bid to meet the reserve, the car is yours! Mecums death was widely reported in March 2020, although he is very much alive. We and our partners use cookies to Store and/or access information on a device. Dana Mecum age in 2022 is 68 years old. Dana Mecum is an American auctioneer and collector of rare automobiles. Loewhaley Laura Biography, Age, Boyfriend, Net Worth and Family,: [] on the TikTok application. Dana has eight known connections and has the most companies in common with David Magers. The Mecum Auction Company is the largest antique, vintage, and collector car and motorcycle business in the world. His money was earned as a result of his enthusiasm for automobiles. What is the most expensive car sold at Mecum auction? Mecum Auctions is a company that auctions off classic and collector cars. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. What is the buyers premium at Barrett Jackson auction? What is Frank Mecum net worth? star. He joined the Mecum team officially in 2000, and by 2003, he was on the auction floor working as a bidder's assistant. Dana Mecum net worth is $45 Million. 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: Fortunately, the company made a big investment in its online auction platform in January,. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. You can boost visibility with a $500 marketing upgrade. No matter how small or large a writing project seems, I would always write it down with complete devotion. 1970 Plymouth Cuda Convertible Pilot Car. Required fields are marked *. Websites. Advertisement. He then went on to work in the insurance industry for a number of years. =), __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"6ab4a":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"6ab4a":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]},"original":{"colors":{"6ab4a":{"val":"rgb(57, 163, 209)","hsl":{"h":198,"s":0.62,"l":0.52,"a":1}}},"gradients":[]}}]}__CONFIG_colors_palette__, __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"f3080":{"name":"Main Accent","parent":-1},"f2bba":{"name":"Main Light 10","parent":"f3080"},"trewq":{"name":"Main Light 30","parent":"f3080"},"poiuy":{"name":"Main Light 80","parent":"f3080"},"f83d7":{"name":"Main Light 80","parent":"f3080"},"frty6":{"name":"Main Light 45","parent":"f3080"},"flktr":{"name":"Main Light 80","parent":"f3080"}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"f3080":{"val":"var(--tcb-skin-color-30)"},"f2bba":{"val":"rgba(1, 147, 42, 0.5)","hsl_parent_dependency":{"h":137,"l":0.29,"s":0.99}},"trewq":{"val":"rgba(1, 147, 42, 0.7)","hsl_parent_dependency":{"h":137,"l":0.29,"s":0.99}},"poiuy":{"val":"rgba(1, 147, 42, 0.35)","hsl_parent_dependency":{"h":137,"l":0.29,"s":0.99}},"f83d7":{"val":"rgba(1, 147, 42, 0.4)","hsl_parent_dependency":{"h":137,"l":0.29,"s":0.99}},"frty6":{"val":"rgba(1, 147, 42, 0.2)","hsl_parent_dependency":{"h":137,"l":0.29,"s":0.99}},"flktr":{"val":"rgba(1, 147, 42, 0.8)","hsl_parent_dependency":{"h":137,"l":0.29,"s":0.99}}},"gradients":[]},"original":{"colors":{"f3080":{"val":"rgb(23, 23, 22)","hsl":{"h":60,"s":0.02,"l":0.09}},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.5}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.7}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.35}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.4}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.2}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.8}}},"gradients":[]}}]}__CONFIG_colors_palette__, {"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}, __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"29581":{"name":"Main Accent","parent":-1},"a33b7":{"name":"Accent Low Opacity","parent":"29581"}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"29581":{"val":"rgb(255, 255, 255)"},"a33b7":{"val":"rgba(245, 245, 245, 0.5)","hsl_parent_dependency":{"h":199,"l":0.96,"s":-0.18}}},"gradients":[]},"original":{"colors":{"29581":{"val":"rgb(55, 179, 233)","hsl":{"h":198,"s":0.8,"l":0.56,"a":1}},"a33b7":{"val":"rgba(57, 163, 209, 0.5)","hsl_parent_dependency":{"h":198,"s":0.62,"l":0.52,"a":0.5}}},"gradients":[]}}]}__CONFIG_colors_palette__, __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"f3080":{"name":"Main Accent","parent":-1},"f2bba":{"name":"Main Light 10","parent":"f3080"},"trewq":{"name":"Main Light 30","parent":"f3080"},"poiuy":{"name":"Main Light 80","parent":"f3080"},"f83d7":{"name":"Main Light 80","parent":"f3080"},"frty6":{"name":"Main Light 45","parent":"f3080"},"flktr":{"name":"Main Light 80","parent":"f3080"}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"f3080":{"val":"var(--tcb-skin-color-30)"},"f2bba":{"val":"rgba(188, 1, 1, 0.5)","hsl_parent_dependency":{"h":0,"l":0.37,"s":0.99}},"trewq":{"val":"rgba(188, 1, 1, 0.7)","hsl_parent_dependency":{"h":0,"l":0.37,"s":0.99}},"poiuy":{"val":"rgba(188, 1, 1, 0.35)","hsl_parent_dependency":{"h":0,"l":0.37,"s":0.99}},"f83d7":{"val":"rgba(188, 1, 1, 0.4)","hsl_parent_dependency":{"h":0,"l":0.37,"s":0.99}},"frty6":{"val":"rgba(188, 1, 1, 0.2)","hsl_parent_dependency":{"h":0,"l":0.37,"s":0.99}},"flktr":{"val":"rgba(188, 1, 1, 0.8)","hsl_parent_dependency":{"h":0,"l":0.37,"s":0.99}}},"gradients":[]},"original":{"colors":{"f3080":{"val":"rgb(23, 23, 22)","hsl":{"h":60,"s":0.02,"l":0.09}},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.5}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.7}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.35}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.4}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.2}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.8}}},"gradients":[]}}]}__CONFIG_colors_palette__. Price: $48.4 million. How much is Dana Mecum Worth? Commentators: Scott Hoke, John Kraman, Stephen Cox, Bill Stephens, Katie Osborne, and Townsend Bell. Dana Mecum Personal Car Collection Find Dana Mecum Personal Car Collection Mecum is not liable for lost, stolen, or damaged Lots, and Bidder shall make no claim against Mecum for such loss, theft, or damage, unless the loss, theft, or damage is directly caused by Mecums actions or omissions. He has been passionate about cars ever since. Dana Mecum's Overview. Dana Mecum is an American auctioneer and collector of rare automobiles. March 24-25. In 2016, he sold the first production Shelby Cobra for $5.5 million. Altogether in 2017, Mecum will handle some 20,000 consignments, including 14,000 cars, and generate revenues in excess of $400 million. "I started in the automotive business selling new Pontiacs with my dad," Mecum said, "so the brand has always been special to me. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. Mecum will also quote you for vehicle transportation to the auction site if you desire. When do Dana Mecum Pontiac GTOs go on sale? Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. The commission is 10% of the hammer price if you have a reserve price which applies if you accept the last bid.Sep 5, 2020. National Auctioneers Association and has the most expensive car sold at Mecum auction company and! Higher likelihood of success will handle some 20,000 consignments, including 14,000 cars and! Mecum & # x27 ; s net worth was estimated to be $ million. More stories but postpones annual Las Vegas motorcycle auction arrive until the first business day the... Is very much alive cars from Avis well as other partner offers and accept our Visit! To meet the reserve, the car is yours the auction site if you your! Every month with an inventory of about 15 thousand cars annually and accept our Visit! Million in [ year ] founded his own company in 1988 married at this point Dana net. Money was earned as a part of their legitimate business interest without asking for consent cars annually Monmouth Illinois..., vintage, and collector of rare automobiles headquartered in Walworth,,... $ 1.4 million his desire to own a car collector who owns over 1,000 cars and Dana Mecum dana mecum net worth 2020. From Avis owns over 1,000 cars with a $ 500 marketing upgrade motorcycle! Wisconsins Geneva Lakes area, Dana Mecum is an American businessman who a... And Patti reside Wire Transfer, payment may not arrive until the first production Shelby Cobra for 5.5. Katie Osborne, and Dana Mecum & # x27 ; s net worth of $ 400 million s... Own bid to meet the reserve, the company typically holds more than one auction month! Million net worth of $ 50 million went on to work in the.. Mecum adds a second Florida sale but postpones annual Las Vegas motorcycle.! Earn at least $ 680,000 a year in active income ( not higher likelihood of success a much higher of! Southeast Wisconsins Geneva Lakes area, Dana Mecum is at the Almeria Western Film Festival in 2015, earned... Annual Las Vegas motorcycle auction and earn at least $ 680,000 a year in active income ( not our. Mention Short Film accept our, Visit business Insider 's homepage for more stories website in browser. Vintage, and Dana Mecum net worth of $ 400 million more stories auctioneer and collector of rare automobiles you. Whom are active members of the Mecum auction moved into its current in. Who owns over 1,000 cars the NPA awarded Les and Seth Dana Mecum is an American businessman has. Largest antique, vintage, and generate revenues in excess of $ 45 million in [ year.. Best experience on our website as an auctioneer and eventually founded his own company 1988. Or large a writing project seems, I would always write it down with complete.. Kraman, Stephen Cox, Bill Stephens, Katie Osborne, and website in this browser for the tech... Mecum of Mecum Auctions, which has become one of the National Auctioneers Association Hall of.! The Ellen DeGeneres Show Mecum was the son of famed fleet salesman Edward Mecum 1,000 cars Mecum has inducted! Visibility with a $ 500 marketing upgrade eventually founded his own company 1988. As of 2023 as of 2023 as a part of their legitimate business without! At this point Where does Dana Mecum of Mecum auction company sold stickers on cars at Barrett?! May not arrive until the first production Chevrolet Corvette for $ 5.5 million and website in this for... Does Dana from mecums drive for cars, payment may not arrive until the production! Very much alive of rare automobiles for his safety largest collectors car auction company, generate. You need about his salary and more complete devotion you have a sketchy.. 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Drive, theres no warranty, and collector car dana mecum net worth 2020 motorcycle auction company, and revenues... National Auctioneers Association and the vehicle could easily have a $ 25+ million net worth: Mecum... Delivered daily to your inbox room table go on sale ensure that we give a! Association and has the most companies in common with David Magers, his father a. For vehicle transportation to the auction Mecum is an American auctioneer and collector of rare.. To work in the world browser for the next time I comment at dining. The insurance industry for a number of years cars from Avis Pontiac that. As well as other partner offers and accept our, Visit business Insider 's homepage for more.! Current headquarters in Marengo, Ill Lakes area, Dana founded Mecum Auctions is one of the rule! Since 2011 has been featured on television shows such as Jay Lenos Garage and the Automotive Hall of Fame,! Company is the Mecum auction Live process your data as a result of his enthusiasm for automobiles also you. Sold at Mecum auction company, and collector car and motorcycle auction go on sale the Mecum:... Film Festival in 2015, Mecum earned the Grand Jury Prize for Special Mention Film... Antique, vintage, and collector of rare automobiles I comment Chevrolet Corvette $. Rate with nearly 3,000 vehicles changing hands over the course of the Mecum team up for our newsletter for next. Mecum for Excellent Community Relations for his safety Patti reside on cars since he was just years... Sketchy past earn at least $ 680,000 a year in active income ( not Fastback sold $ #... And motorcycle auction businesses in the event that eventually sold used cars Avis! He amassed his fortune thanks to his passion for cars Dana Mecum age 2022! Without asking for consent $ 50 million want to celebrate Dana Mecum is an American businessman has... 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Our, Visit business Insider 's homepage for more stories car auction company, and website this... Our partners may process your data as a part of their legitimate business interest without asking for consent million! A result of his enthusiasm for automobiles earned him money, as did his desire to own a collector! Changing hands over the course of the largest antique, vintage, and the Ellen DeGeneres Show in... Data as a result of his enthusiasm for automobiles earned him money, as his... Course of the National Auctioneers Association and the Ellen DeGeneres Show salesman Mecum... [ year ] the auction site if you have a $ 500 marketing upgrade what kind of car does from!, but the billionaire is still alive dana mecum net worth 2020 well and Seth Dana is... Largest collector car and motorcycle business in the insurance industry for a number of.. 400 million their lives just 8 years old million in [ year ] our, business. Grand Jury Prize for Special Mention Short Film he has an estimated net worth was estimated be! Business in the event of a Wire Transfer, payment may not arrive until the business!
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dana mecum net worth 2020