Dana Mecum is an American auctioneer and President of Mecum Auctions, Inc. He is known for his work in the collector car industry. Dana Mecum was born in Sycamore, Illinois, and is a graduate of Illinois State University. He is a member of the National Auctioneers Association and has been inducted into the National Auctioneers Association Hall of Fame.
If you want to know more about Dana Mecum net worth, be sure to check out the following article. Fidlarmusic will provide all the information you need about his salary and more.
What About Dana Mecum Net Worth and Salary in 2023?
Dana Mecum is an American auctioneer and founder of Mecum Auctions. He has an estimated net worth of $50 million as of 2023.
Dana Mecum’s Overview
Dana Mecum is an American auctioneer and collector of rare automobiles. He is the founder of Mecum Auctions, the world’s largest collector car auction company.
Mecum has been featured on television shows such as “Jay Leno’s Garage” and “The Ellen DeGeneres Show.” He is a member of the National Auctioneers Association and the Automotive Hall of Fame.
Dana Mecum was born in Monmouth, Illinois, in 1954. The youngest of three children, Dana grew up on a farm where his father raised corn and soybeans, and his mother ran the household. Dana’s older brother, David, is a successful businessman, and his sister, Diane, is a teacher.
Dana’s first love was cars. As a child, he loved going to car shows with his father and dreaming about which ones he would own someday. Dana’s first car was a 1967 Chevrolet Camaro, which he bought when he was just 18 years old. He has been passionate about cars ever since.
After high school, Dana attended the University of Illinois, where he studied business. He then went on to work in the insurance industry for a number of years. In 1984, Dana founded Mecum Auctions, which has become one of the world’s largest collectors car auction companies.
Career and The Mecum Auction Company
Dana Mecum is the founder and president of the Mecum Auction Company. He has been in the auction business for over 30 years and has been involved in the sale of some of the most iconic cars in history.
Mecum started his career in the automotive industry working as a car salesman. He then transitioned into working as an auctioneer and eventually founded his own company in 1988. Mecum Auctions has grown to become one of the largest and most well-known auction companies in the world.
Mecum has been involved in the sale of some of the most significant and valuable cars in history. In 2014, he sold the first production Ford Mustang for $1.3 million.
In 2015, he sold the first production Chevrolet Corvette for $1.4 million. In 2016, he sold the first production Shelby Cobra for $5.5 million.
Mecum Auctions has held auctions all over the United States, as well as in Canada and Europe. The company is best known for its large, high-profile auctions that are held annually in Indianapolis, Kissimmee, Florida, and Houston.
Mecum Auctions is the world’s largest collector car auction company, and Dana Mecum is at the helm. He has built the company into a multi-million dollar business and has established himself as one of the most respected and well-known figures in the collector car world.
Together, Mecum and his wife, Patti, raised four boys, and they now enjoy the company of nine grandkids. The whole family has a hand in running the company. Dana and his wife Patti live in the Geneva Lakes region of southeastern Wisconsin.
Mecum’s death was widely reported in March 2020, although he is very much alive. Since his close buddy Bill Grams had just passed away and an obituary had been published, several sites incorrectly reported that Mecum had passed away.
Why is Dana Mecum Famous?
Dana Mecum is a famous American auctioneer and collector of muscle cars. He is the founder and president of Mecum Auctions, the world’s largest collector car auction company.
Mecum has been featured on numerous television shows, including the Discovery Channel’s “Auction Kings” and NBC’s “American Dream Builders.” He is also a regular guest on the nationally syndicated radio show “The Car Show.”
FAQs about Dana Mecum
How much does Mecum make a year?
Mecum Auctions is a company that auctions off classic and collector cars. The company was founded in 1988 and is headquartered in Walworth, Wisconsin.
Mecum Auctions does not release its financial information publicly, but according to Forbes, the company made $119 million in revenue in 2015.
What percentage does Mecum take?
Mecum Auctions is a company that specializes in the sale of collector and antique cars. They hold auctions all over the country and have become quite popular in recent years. Mecum does not disclose what percentage they take from each sale, but it is rumoured to be around 10%.
Who pays fees at Mecum?
Mecum charges a buyer’s fee and a seller’s fee. The buyer’s fee is 10% of the final sales price, and the seller’s fee is $500.
How many cars does Dana Mecum own?
Dana Mecum is a car collector who owns over 1,000 cars. He has one of the largest collections of cars in the world.
What happened to Dana Mecum?
Dana Mecum, the founder of Mecum Auctions, Inc., has been missing since February 16, 2021. His family has not seen or heard from him since he left his home in Florida to attend a car auction in Indiana.
His car was found abandoned at the Indianapolis International Airport. Foul play is not suspected, but his family is concerned for his safety.
Dana Mecum is a highly respected figure in the collector car industry, and his company Mecum Auctions, is one of the most well-known auction houses in the world. If you’re looking to buy or sell a collector car, Dana Mecum is definitely the person to talk to.