People from all around the world enjoy certain types of hobbies. Many of them relish collecting rare items such as stamps, books, antiques, etc. However, only a few can obtain limited edition cars and create a vast collection. And one of such car collectors is Steve Todhunter.
Steve's car collection isn't some mere asset but instead reflects his life-long devotion. He bought each one of his cars after analyzing carefully over the decades. Furthermore, the car collector has some of the rarest and sought-after vehicles ever built. For example, he owns vintage and modern Mopar and muscle cars.
But, how much has the hobbyist benefited from his car collection; let's find out in this biography.
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Steve Todhunter Developed His Passion For Cars In Childhood
Steve was born in 1964 in Oklahoma. He was exposed to automobiles earlier in his life. Moreover, Steve Todhunter's father was a design engineer for Ford Motor Company. The latter's talent and works inspired him to learn more about cars.
The young guy was fascinated after watching his dad crafting prototypes for auto parts. As a result, he often jumped in to help him with his work. It ended up with him becoming familiar with engines and everything related to cars.
Steve Todhunter's father was an automobile engineer who inspired him to learn about cars. Photo Source: Social Media.
There is no information available regarding Steve Todhunter's mother. Nevertheless, she must have been happy to see her son working alongside her husband.
The Oklahoma native completed his high school in his hometown. He must have a business or engineering degree considering his hand in the construction business.
Steve Todhunter Net Worth And Career
It is challenging to be a car collector due to its expensive nature. However, Steve owns many cars which are worth millions of dollars. Moreover, these vehicles are often put on sale in auctions. Their distinctive quality makes them stand out among other offers.
Todhunter is also a skilled businessman and knows how to bargain a good deal. He once put his 1970 Dodge Superbee for sale for $100,000 in 2013. Now, years later, his collections must cost much more than the given amount.
The car collector also runs a well-established construction company. It must also add up to his salary.
Hence, Steve Todhunter's net worth must be a gigantic figure from his car deals and business career.
Steve's Earnings From Car Collection
The businessperson bought his first car, a 1974 Ford Torino, for $325. Then, with his hard-earned money, he purchased each part, such as brakes, tires, alternator, etc. Moreover, the experience made the young guy realize the value of every motor part, which came in handy for his later purchases.
Todhunter initially began buying muscle cars of the 1960s and 1970s. Later he developed a strong admiration for Ferraris and started accumulating its different models. Furthermore, the automobiles expert's choice has evolved over the years. He now owns some of the finest Saleen S7s, vintage motorcycles, etc.
Steve recently put his twenty cars for sale at Mecum Auctions. The event featured 1200 vehicles and occurred on March 18-20, 2021. Moreover, the car dealer put out his seven Ferraris, namely 2018 812 Superfast, 1992 Ferrari 512 TR, 2005 Ferrari 575M Superamerica, etc. Their price ranged from $275,000 and above.
Steve Todhunter's auctioned cars' prices ranged from hundred thousand to millions of dollars. Photo Source: Social Media.
The Steve Todhunter Collection made the top three highest sales in the event. He sold a 2016 Ferrari F12tdf for $880K and a 2011 Ferrari 599 GTO at $720,500. In addition, the 2006 Saleen S7 Twin Turbo made sales of $605,000. In total, Todhunter reportedly gained $6.08 million at the auction
It was undoubtedly a beneficial auction for the car collector. He will likely put more of his limited edition cars for sale in other upcoming auctions.
Hence, Steve Todhunter's net worth must have increased alongside new car sales.
Todhunter's Income From Business
Alongside collecting rare cars, Steve runs his company Accell Construction Inc. The firm specializes in tank farm construction, tank foundations, and site construction. Moreover, the organization was recently involved in constructing 30 million barrels of storage at Cushing, Oklahoma.
Aside from collecting cars, Steve Todhunter runs a construction company named Accell Construction Inc. Photo Source: Social Media.
As a civil site contractor, Todhunter's business is focused on the petroleum industry. It was also involved with the NASCAR Cup Series for many years. Moreover, the company served as a partner for Tommy Baldwin Racing from 2011 to 2015. Stock car racing drivers like Dave Blaney, Alex Bowman, and J.J. Yeley drove their customized cars.
Hence, Steve Todhunter's income also comes from his business ventures.
Like Todhunter, Ashley Horner has also amassed a massive fortune from her business ventures.
Who Is Steve Todhunter's Wife?
The car collector has undoubtedly attracted the attention of numerous car fans with his expensive collection. These admirers are also eager to know more about his personal affairs. However, unlike his willingness to reveal his cars, Steve has remained silent regarding his family life.
The businessman hasn't opened up about his partner in his interviews. But, unfortunately, he also doesn't have a social media account. It could have given us a bit of insight into the automobile collector's relationships. Nonetheless, he was spotted with a lady companion in his Melcum feature video, who is likely his spouse.
Steve Todhunter's wife has remained quite a mystery among his fans. Photo Source: Social Media.
Likewise, Steve Todhunter's wife might be very supportive of his car collecting passion and construction business. Additionally, the pair likely have children but have hidden them from the media.
Steve has created an extraordinary car collection over the years. However, he is still passionate and often adds new rare models to his vast array. Hopefully, we will see more of his automobiles in many auctions in the future.
Trivia And Facts
- Todhunter's cars often have low production numbers and low miles coverage.
- He takes the car collection as a means to relieve work stress.
- He primarily owns red Ferraris.