| CEO Name | Dave Magers |
| Nationality | United States |
| Net Worth Estimation | $15 million |
Dave Magers, current CEO of Mecum Auctions, has an estimated net worth of around $15 million, primarily due to his leadership roles at Mecum and previous executive positions in finance and insurance. His wealth is linked to Mecum's substantial growth, personal investments, and compensation from the collector car auction industry.
Dave Magers' estimated net worth of $15 million places him at 0.25% of the maximum net worth ($6 billion) and 15 times the minimum ($1 million) among CEOs in the auction business category. This positions him well above the entry level but far below the top earners in the industry.
Business Category: Auction
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 6000000000 USD
Dave Magers Performance in Mecum Auctions
Dave Magers, CEO of Mecum Auctions, demonstrates strategic leadership focused on innovation in classic car auction markets. His decision-making emphasizes customer engagement and operational efficiency, driving consistent revenue growth. Under Magers' guidance, Mecum Auctions has expanded its market presence and enhanced brand reputation, positioning the company as a leader in automotive auction events.
Latest News
Mecum Auctions Growth and Leadership Under CEO Dave Magers
Mecum Auctions, the world's largest collector car auction company, has seen record sales and brand expansion under CEO Dave Magers, who joined in 2013 and invested heavily in entertainment, TV presence, and online bidding systems, driving the firm's notable growth and broadening its audience through major partnerships like ESPN+. The company continues to dominate collector car auctions with multimillion-dollar sales and rising attendance, balancing in-person and virtual auction innovations while competing with major rivals such as Barrett-Jackson.
Source: http://news.dupontregistry.com/for-sale/auctions/2025-monterey-mecum-auction-top-10-results-and-highlights/