According to Celebrity Net Worth, David Bromstad has a net worth of approximately $2 million. He is a former winner of HGTV’s “Design Star” and the host of series like “My Lottery Dream Home.”
He lucked out, to put it another way. He didn’t win the jackpot, but he did win in a figurative sense. Even Bromstad’s current level of success with movies like “Beach Flip” and “Color Splash” is somewhat unexpected.
Bromstad is a creative thinker who got a job at Disney right out of college because he values both aesthetics and practicality. After some time, Bromstad concluded that the animation industry wasn’t for him and that he’d be happier working in the furniture and interior design industries instead. Briefly said, he ended up on the inaugural season of “Design Star.”
Bromstad is not only an accomplished artist but also a savvy businessman. As a result of his victory on “Design Star,” he launched several businesses that were all highly profitable. How, therefore, did he accumulate such a big fortune? So, why don’t we look into this?
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David Bromstad started in a surprising place
David Bromstad Net Worth What Is His Salary In 2022? https://t.co/kDbdtf3lQP
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He Runs his own Business
If you’re familiar with David Bromstad from his time on HGTV, you might be surprised to learn that he also manages a successful company. Indeed, since Bromstad became famous as the 2006 “Design Star” winner, he has presided over the appropriately called David Bromstad Studio. I’m curious, though, what services Bromstad Studios offers in particular. Basically, he does everything you can think of.
Without a doubt, you can hire Bromstad for an expensive consultation on interior design, but it comes as no surprise. Bromstad and his staff at David Bromstad Studio offer their clients color consultations, furniture layout advice, and a miniature 3D model of the finished product to ensure that they are completely satisfied with the end result.
The firm’s expertise is not limited to interiors alone. They counsel on larger projects and design unique pieces of furniture. Once that happens, the good times may begin. Wallpapers and prints of Bromstad’s designs are for sale on his website.
David Bromstad won big on Design Star
David Bromstad makes a lot from HGTV shows
Design Star Season 1 wasn’t the end of David Bromstad’s run on HGTV. Actually, his popularity skyrocketed to the point where people couldn’t get enough of him. Bromstad, after much haggling, signed on with HGTV to host many shows, including “My Lottery Dream Home,” for which he reportedly receives a $500,000 annual income (via One World Information).
Bromstad takes the role of host on “My Prize Dream Home,” where he patiently helps recent lottery winners select and finance their ideal homes. The money is fine, but for Bromstad, there is much more at stake than that. He finds great joy in his work, in interacting with new people, and in bringing joy to others. In 2021, he boasted to The List, “All my winners are excellent.”
Although he enjoys meeting contestants and helping them locate their dream homes, he found that using his design talents on a TV show required some adjustment time. He told the media that he had to learn a new set of skills since “creating for TV and designing for reality is quite different.” I’ve always known we have a high level of skill in our field.
David Bromstad Invests in Real Estate
The best investment, according to everyone who has amassed enough wealth to make it onto a “net worth” list, is property. No, David Bromstad is just like everyone else. Bromstad utilized his prize money and profits from HGTV to buy a magnificent condo in Miami after years of helping others make their own dream-worthy and ideal.
To put it simply, it was a wise financial decision. According to Curbed, in 2016, after spending a lot of time and effort on interior design (because, you know, David Bromstad), he listed the home for a cool $650,000. In the time afterward, Bromstad has apparently relocated to Orlando, among his family and friends.
Is there anything else Bromstad can tell me to increase my chances of being included on one of those wealth lists? The answer is yes, and it’s not to buy frivolous items like lottery tickets with your hard-earned cash. He told the Orlando Sentinel, “I’m too cheap.” In contrast to purchasing a Lotto ticket, I’d rather spend my money on a new pair of shoes.
The HGTV star earns a living from his art
David Bromstad is fulfilling his personal ambition by turning his work into a lucrative career while also assisting others in doing the same. It’s not surprising that he can get a great price on a home, so it’s safe to assume that he can do the same with a major brand.
Bromstad has wisely chosen to sell enormous quantities of mass-produced art to a large number of people rather than a small number of unique works of art at a premium price. David Bromstad claims that in 2011, Bromstad secured a publication contract with Penny Lane Publishing to market and sell his prints. At Art Basel in 2011, Bromstad debuted his own line of furniture, and he has since signed deals with other brands. Recently, though, he has started selling artwork through a partnership with Grandin Road, an arrangement that is sure to net Bromstad a sizable sum of money.