Dana Mecum Net Worth | Celebrity Net Worth

Dana Mecum Internet Value | Superstar Internet Value

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What Is Dana Mecum’s Internet Value?

Dana Mecum is an American businessman who has a internet value of $50 million. Dana earned his fortune because the founding father of the automotive public sale firm, Mecum Auctions. At the moment Mecum Auctions is likely one of the largest vintage, classic, and collector automotive and motorbike public sale companies on this planet.

Early Life

Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. His father owned a Pontiac dealership in Marengo, Illinois and later resold Avis rental automobiles. Edward Mecum turned the nation’s largest fleet vendor till the Eighties, when high-interest charges briefly worn out his enterprise.

Profession and The Mecum Public sale Firm

Dana Mecum began his firm, Mecum Auctions, whereas sitting at his eating room desk. The Mecum Public sale Firm is now the most important vintage, classic, and collector automotive and motorbike enterprise on this planet. In existence for greater than 25 years, Mecum Auctions hosted their first public sale in 1988 on the Rockford Airport. It sadly resulted in catastrophe when the public sale was hit by a freak storm that included 90mph winds. It took Mecum over 15 years with out seeing a revenue to seek out success with the public sale firm.

(Picture by Scott Olson/Getty Photographs)

Now, the corporate usually holds multiple public sale each month with a listing of about 15 thousand automobiles yearly. The corporate is headquartered in Walworth, Wisconsin, and is tops on this planet for the variety of collector automobiles supplied at auctions, the variety of collector automobiles offered at auctions, and the host of the most important collector automotive public sale, which takes place yearly in Florida. Different annual occasions embody an enormous $100 million extravaganza every January in Kissimmee, Florida, which lasts for 10 days and boasts 3,000 automobiles on present. Mecum Auctions additionally has essentially the most public sale websites in the US, and does the very best quantity of gross sales domestically of all automotive public sale corporations. In newer years, Mecum has branched into collectible farm tractors, bikes, and street artwork. In 2017 alone, Mecum dealt with 20,000 consignments, producing upwards of $400 million. The auctions are additionally usually televised on NBC Sports activities Community.

Private Life

Mecum and his spouse, Patti, have 4 sons collectively and 9 grandchildren. The whole household is closely concerned within the enterprise. Dana and Patti reside within the Geneva Lakes space of Southeastern Wisconsin.

In March 2020, Mecum was broadly rumored to be lifeless, nevertheless, the businessman continues to be very a lot alive. The confusion started when an obituary was run of his deceased shut pal, Invoice Grams, and media shops started mistakenly reporting Mecum as deceased.

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