Dan Dotson Net Worth is$3.5 Million
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Famous auctioneer Dan Dotson, with a net worth of $3.5 million, has done OK for himself in the world of auctioneering. In addition to his net worth, he's even found a level of fame in television, which was probably an unexpected surprise in his life, given that very few auctioneers ever become TV stars. The fame came due to his appearances on the popular A&E reality TV series Storage Wars, which depicts the real life exploits of those involved in the world of storage auctions. This is how it works: In California, the law is that once a party has failed to pay rent for three consecutive months on a storage facility, the owner is free to sell the contents of the storage facility by auction. Dotson handles the auctioning of these items, in which potential buyers must make a bid after an only 5 minute inspection of the storage locker through the open door of the locker. This means that there is no time to sift through the items and that a decision must be made quickly, so there's an element of drama and risk to the proceedings. Dotson's auction firm, called American Auctioneers, is run by himself and his wife Laura. Other Storage War stars' net worth: Dave Hester Net Worth Jarrod Schulz Net Worth Brandi Passante Net Worth Darrell Sheets Net Worth Barry Weiss Net Worth
Dan Dotson is an American auctioneer who has been in the auctioneering business since 1974. Dan and his wife, Laura Dotson, run American Auctioneers, a full service auction company in Riverside, CA. Dan is best known for being the autioneer on A&E Network's Storage Wars.
Dotson became familiar with auctioneering, having been around the business since 1974. His grandfather, Sam Fancher was a cattle/farm auctioneer in North West Arkansas (Ozark Mountains). His grandfather was apprenticed as an auctioneer by Detmen Mitchell in 1945.
At the age of 11, Dotson was taught to auctioneer by his grandfather, with whom he worked as an auctioneer during the next four summers when he was not in school. At the age of 16, Dotson would skip school and instead go to the Chino auction in California, where he sold furniture for an auctioneer named Merl Bernard.
Dotson started American Auctioneers in 1983. In the 1980s and 90's, Dotson ran an auction house in Riverside that specialized in collectibles, pottery, porcelain, dolls and furniture. In 1996 Dotson met Laura, who later became his wife. Laura Dotson also became Dan's business partner, and now is co-owner and manager of American Auctioneers.
American Auctioneers currently specializes in the following types of auctions; Storage, Estates, Business Inventories, Equipment, Legal/Foreclosure Auction Fundraisers and Appraisals. Dotson averages two auctions a day, six days a week.
In December 2010, Dan Dotson began his appearance on A&E's Storage Wars, a real-life series which follows four professional buyers and their teams as they bid on storage units in default. When rent is not paid on a storage locker for three months in California, the contents are sold by an auctioneer as a single lot of items. The buyers purchase the contents based only on a 5 minute inspection and what they can see from the door when it is opened. The goal is to turn a profit on the merchandise.
Dotson is also co-creator of and chief advisor

Dan Dotson Net Worth, 3.2 out of 5 based on 32 ratings

Dan Dotson Latest News

Darrell Sheets, Dan Dotson & Laura Dotson address Storage Wars firing reports

Radar Online claimed last week that A&E was “cutting out” more Storage Wars cast members on the heels of the Dave Hester lawsuit that lead to his firing. According to the site, based on one of those infamous “sources familiar with the situation ...
Posted: May 3, 2013, 1:24 pm

‘Storage Wars’ star Dan Dotson suffers double brain aneurysm

“Storage Wars” auctioneer Dan Dotson suffered a double brain aneurysm earlier this week and is in a Palm Springs hospital. Dotson’s wife and “Storage Wars” co-star Laura Dotson told TMZ her husband first showed symptoms around 1 a.m. Monday when ...
Posted: June 19, 2014, 8:54 pm

Storage Wars Scandal: Dan Dotson Plot to Sue Network, Shut Down Show Exposed

Storage Wars cast member Dan Dotson allegedly hatched a plan to sue A&E for more money and shut down the show if his demands weren't met. The embattled show, which has been rocked by revelations that items are planted and a lawsuit from Dave Hester, is now ...
Posted: June 27, 2013, 1:04 am
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