Ted Vernon was born on 17 October 1948, in Long Island, New York USA, and is a businessman as well as a reality television personality, perhaps best known for being the star of the television series entitled “South Beach Classics”. He also owns a business of the same name, focused on unique and vintage cars.
The Net Worth of Ted Vernon
How rich is Ted Vernon? As of late-2018, sources inform us of a net worth that is over $15 million, earned largely through success in business. His business allowed him to get television exposure later in his career and as he continues his endeavours, it is expected that his wealth will also continue to increase.
Early Life and Career Beginnings
Ted had a troubled childhood, as he was young when his parents decided to divorce, and their separation affected him significantly to a point when he was even confined in a mental institution. During his time there, he was considered for lobotomy, a surgical procedure which connections to the frontal lobes of his brain were severed to help deal with mental disorders.
He didn’t go through it because of the possibilities of dangerous side effects, but as he aged to his teens, he continued his troublesome ways, and bounced between at least seven high schools. It wasn’t until he joined a wrestling team that he found an outlet for his frustrations. He earned a bit of a reputation with his team, and after finally matriculating from high school, he moved to Cleveland with his uncle. A few years later, he reunited with his father who had become a wealthy real estate developer, and lived with him in Pennsylvania, before moving to Virginia, and then settling in Florida. Being with his father led him to his first career during the 1970s, as a property manager.
Business Endeavors and Other Projects
While Vernon was successful in real estate, he desired to have a business of his own, and eventually started a car business from his houseboat, taking $1,000 in cash to trade for lower valued cars, storing them in his father’s properties to later sell for a higher value. He initially started with $200 cars, but later moved to more expensive ones as he found more success. His business was growing significantly, and he also tried his hand at other endeavors, including a boxing career, fighting under the moniker “Wolfman”, but only at the amateur level. He also tried racing, but never really got a lot out of it.
In 1985, he attempted an acting career, making his debut in the horror film “Scarecrows”, which he also contributed to financially. However, his business hit an all-time low during the 1990s, forcing him to sell his house and live a more modest lifestyle. Along with Robin Vernon, he decided to establish an auto trader, a website selling automobiles. The company was named “South Beach Classics”, and it officially launched in 2005, however, a year saw little success, so they had the idea of establishing a television show to help them gain more exposure.
South Beach Classics
The show “South Beach Classics” started airing in 2011, portraying the efforts of Ted and his wife Robin. They have an eclectic crew called the gargoyles, and the entire team’s task is to handle unique as well as classic automobiles; they buy, sell, trade, and exchange numerous vehicles in the market. The show ran for a total of four seasons and 35 episodes over the next six years, and gained a lot of international exposure too, as it aired on the cable network Velocity, owned by Discovery. While, “South Beach Classics” physical and digital presence also got a lot of exposure, it also increased their popularity, and their business started picking up significantly.
For his personal life, it is known that Vernon’s first marriage was to Austrian hairdresser Monika Sula in 1978. During this time, he was focused on another business while she worked at a salon. They had two children together and his success in business landed them a $460,000-valued home in Golden Beach. However, the marriage started to crumble as years progressed, and he was spotted with another woman which led to divorce, with Ted gaining primary custody of his children. Monika passed away in 2014.
In 1998, he met Robin, who is 29 years younger than him; they started a romance and married in a Buddhist ceremony two years later. They had a child together, and worked on business ventures together, however, they separated in 2015 after 15 years of marriage.
Similar to numerous businessmen and television personalities, Ted is highly active online through social media. He has a personal Facebook account which promotes his show “South Beach Classics”, as well as some of his other endeavors. His business also has its own personal Facebook page, and its own website which showcases the inventory of vehicles for sale. He also has a webpage called Ted Vernon’s Specialty Automobiles, which advertises and sells classic vehicles. He markets the business as one of the largest dealers in Florida.