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what was shannon beadors divorce settlement

by Tania Tremblay Published 2 years ago Updated 2 years ago
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Eventually, in June 2019, they hashed out a deal that resolved all issues relating to their money and custody. Per their deal, Shannon walked away with $10,000 a month in support and a $1.4 million lump-sum payment. They agreed to share legal and physical custody of their kids.May 14, 2021

What happened to Shannon Beador’s money after her divorce?

Shannon and David Beador’s divorce was more than just broken hearts-a lot of money was lost in the settlement when the former couple finalized their 17-year marriage on April 25.

What happened to Shannon Beador’s husband David on RhoC?

They split in September 2017 after over 17 years of marriage and she filed to end their marriage in December 2017. Their relationship had many ups and downs, as documented throughout Shannon’s time on RHOC. In season 10, she revealed that David was unfaithful to her in an affair she learned about days before filming began.

Why is Shannon Beador suing her lawyer Ben Phillips?

Shannon may have walked out with a lot of money, but according to Reality Blurb, she's suing her attorney, Ben Phillips, over an $85,000 bill from a forensics company. Shannon claims that Phillips hired them without her consent, and she doesn't think she should be responsible for the cost.

How much did David and Shannon pay to get joint custody?

David has agreed to pay Shannon $1.4 million “to equalize the division of community property as set forth herein,” the documents state. The duo, who are parents to Sophie, 17, and 14-year-old twins Stella and Adeline, have agreed to joint legal and physical custody of their daughters.

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How much does Shannon Beador get paid for RHOC?

Shannon Beador (Season 9 – Present) After her divorce from husband David Beador in 2019, Shannon's RHOC salary was revealed to be $584,338 per season, according to court documents obtained by Radar Online. (David claimed that Shannon mad $800,000 from the show, while Shannon asserted that she made only $400,000.)

Where did Shannon Beador get her money?

Shannon Storms Beador – US$20 million While her wealth comes mostly from ex-husband David Beador, she earns healthy pay cheques outside her TV gig, from personality bookings, endorsement deals and network sponsored events, on top of a US$800,000 salary for starring in RHOC, reports the publication.

How much is Shannon's ex husband worth?

David Beador Net WorthNet Worth:$20 MillionDate of Birth:Dec 6, 1965 (56 years old)Gender:MaleProfession:Entrepreneur

How much is Shannon worth?

Shannon Beador Net WorthNet Worth:$20 MillionDate of Birth:Mar, 1964 (58 years old)Gender:FemaleProfession:TV PersonalityNationality:United States of America

Are Shannon Beador's parents rich?

Both Gene and his girlfriend rolled up to a RHOC party in a Rolls Royce, so it's clear they are significantly wealthy. Shannon revealed that her father got divorced from her mom while she was in college, but that she has maintained a close relationship ever since.

Who is the wealthiest Housewife of Orange County?

But the richest OC Housewife is actually the newest addition to the franchise — Elizabeth Vargas. According to Monsters & Critics, Vargas is worth about $30 million, putting her ahead of the others by about $10 million.

How much money did Shannon get from David?

Per their deal, Shannon walked away with $10,000 a month in support and a $1.4 million lump-sum payment. They agreed to share legal and physical custody of their kids. David agreed to pay Shannon $2,935 per month in child support plus $7,065 for spousal support.

What does Shannon Beadors boyfriend do for a living?

Meet John Jannsen Jannsen started his career at a reasonably low level at an insurance firm called Wood Gutmann & Bogart. However, 17 years later through his hard work and dedication, he has managed to become the Vice President of the company.

Did Shannon Beador buy a new house?

'RHOC' star Shannon Beador bought a new home in Orange County in 2019. In 2016, Shannon sold her home in Newport Beach, Calif. for $9.05 million and moved into a couple of rentals before buying a seven-bedroom Orange County home in 2019, where she now lives with her daughters.

Who is the wealthiest housewife?

1. Kathy Hilton – $350 Million. Kathy Hilton is a fashion designer and the mother of fellow reality star Paris Hilton. Although she is not a full-time cast member, she has been a recurring figure on The Real Housewives of Beverly Hills (RHOBH) since season 11.

Who is the richest housewife of New Jersey?

Margaret Josephs1. Margaret Josephs: US$50 million. Topping the list of the show's wealthiest wives is Margaret Josephs. In 1999, Josephs, a Fashion Institute of Technology graduate, founded Macbeth Collection, a line of fashion and lifestyle items including luggage, accessories, homeware and cosmetics.

How did Lystra make her money?

She will be joining The Real Housewives of Cheshire for its 12th series. Lystra became a model working as a Naomi Campbell lookalike through Model Bank modelling agency in Birmingham.

What business does Shannon Beador own?

Shannon Beador launched her food line, Real for Real Cuisine, in 2018. Shannon has been busy brainstorming ideas for brilliant dishes that don't break the bank since 2018, the year she first joined forces with QVC for a food line exclusively consisting of meals that excite even the most sensitive of palates.

How did Shannon Beador lose weight?

weight loss. "Have spent the last few months eating clean, exercising, taking @realforrealcuisine Mineral-Aid Nightly for detoxification, and have finally balanced my hormones! 🎉 Today I am down 14 pounds with just a little more to go! 👊," she wrote.

When did Shannon Beador meet the housewives?

We first met Shannon Beador in 2014 (per IMDb) on "The Real Housewives of Orange County." Shannon wasn't one of the OG's of the OC, but she quickly became a fan favorite thanks to her fun personality, free-spirited antics, and appreciation of a good adult beverage. As with most housewives, Shannon has given fans a glimpse into her life over the past few years, including all of the ups and downs that have been thrown at her.

Did Shannon and David celebrate their second anniversary?

The reality star also celebrated her and David's second anniversary with a sweet Instagram post in June. "Second time around, the sun found us at the restaurant of our first date @fableandspirit Happy Two Years sweetheart!" she wrote, adding a red heart emoji for good measure. Shannon also included two shots of the happy couple grinning ear to ear. (That's not to say that their relationship hasn't been through a couple of bumps in the road, including when Shannon and her family had COVID-19, which she felt horrible about because she stayed at John's house.)

How long did Shannon Beador and David Beador get divorced?

Shannon and David Beador’s divorce was more than just broken hearts — a lot of money was lost in the settlement when the former couple finalized their 17- year marriage on April 25. Shannon Beador’s monthly spousal support from her ex-husband was cut drastically from 22,500 to 10,000 in their divorce settlement, according to court documents.

How much child support did Shannon get?

Shannon’s deal gave her $2,935 a month in child support and $7,065 a month in spousal support, totaling $10,000.

What car does Shannon keep?

Shannon will keep a 2015 Cadillac Escalade and a 2018 BMW 7 Series sedan. While, David will retain a virtual car dealership, a 1998 Ford Expedition, a 2008 Ford Explorer, a 2011 Land Rover Range Rover, a 2017 BMW XS, a 2018 Ford Raptor Truck, a 2018 Porsche Carrera Turbo and all household items in his possession.

How much did Shannon pay David for his children?

Shannon first wanted primary physical custody and joint legal custody of their kids, with David limited to visitation only. There were accusations from either side for playing games for months, and Shannon wanted to get him out of her life as soon as possible. He was then ordered to pay $30,000 per month for temporary non-taxable child and spousal support. Shannon talked to the judge to reduce the price because she “felt bad”. It actually worked, and he paid $22,500 per month before the final settlement reached this year.

Why did Shannon and Nicole go to counseling?

The pair went to couples counseling to save the marriage. The events that followed goes like this; Shannon’s confrontation with the mistress Nicole McMackin, she believes he’d never cheat on her; confrontation with her mother-in-law; remarrying for a second time at the same place they previously got married, a second honeymoon, took family trips to Mexico & Hawaii with the daughters.

How much did David pay for his divorce?

Of course, David was still not satisfied with the amount as he believed she earned double the amount she mentioned on the papers with the show. He did pay $22,500 until the final settlement, even after requesting a decrease in February 2019. The judge had postponed the deciding moment until both parties appeared back in court for a trial in April. He got what he wanted ( $10,000 only per month for child and spousal support) for that part, and the divorce finally came to an end.

Where does David Beador live?

Meanwhile, David got the home in Corona, CA, complete rights to his construction business ( Beador Construction, Inc., founded in 1996), a 1998 Ford Expedition, a 2008 Ford Explorer, a 2011 Land Rover Range Rover, a 2017 BMW XS, a 2018 Ford Raptor Truck, a 2018 Porsche Carrera Turbo and all the household items. It might seem unfair for the number of cars they each got, but the $1.4 million was for that equalizing thing. This keeps David Beador’s net worth to still a cool $15 million.

Did Storms get divorced?

In December 2017, Storms (we’re assuming she’ll take her maiden name again after the divorce soon) filed for divorce from David, while stating she might have to pay half of her earnings in taxes. The divorce battle went on for a year and a half, which was finally settled in April 2019 with David agreeing to the amount “to equalize the division of community property as set forth herein”.

Did Shannon and David divorce?

It was not the reason why Shannon decided to initiate the divorce though. The 10th season revealed David admitting to an eight-month-long infidelity after confrontation from her, but her statement at the time read, “Divorce is not an option, it has never been an option for me. I love my family and I will do whatever it takes to keep my family together.”

How much money did Shannon get in divorce?

This lawsuit may not come as a shock to some fans, as Shannon has previously admitted on the show that she’s not happy with the amount of money she received in the divorce. In the original petition, she asked for $22,000 a month in support, but she ultimately walked away with $10,000 per month, along with a $1.4 million lump-sum payment.

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Did Ben's firm include the costs of Plaintiff's children's education?

First off, Shannon alleges Ben’s firm did not “include the costs of Plaintiff’s children’s ongoing education (college)” and told her it wasn’t necessary to include their future education costs in the settlement.

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