Derek Mathewson is a prominent figure in the world of classic cars. With a deep passion for vintage vehicles, he has made a significant impact in the automotive industry. Derek’s expertise and love for old cars are showcased in his popular TV show, Bangers & Cash, where he buys, sells, and auctions classic cars. Over the years, he has built an impressive reputation and a fascinating car collection. This article explores Derek Mathewson net worth, personal life, and career journey as of 2024.
Biography
| Full Name | Derek Mathewson |
|---|---|
| Date of Birth | October 13, 1951 (72 years as of 2024) |
| Profession | Classic Car Expert, TV Personality |
| Nationality | British |
| Marital Status | Married (status under review) |
| Children | Two sons, Paul and Dave |
| Net Worth | $3-5 million (As of 2024) |
Early Life and Education
Derek Mathewson was born in the UK on October 13, 1951. He developed a passion for cars at a young age, spending much of his childhood around vehicles and gaining mechanical skills. While details about his formal education remain scarce, Derek’s natural inclination for mechanics and his interest in the automotive industry laid the foundation for his future career.
Career
Derek Mathewson began his career in the automotive industry by working in garages, where he gained practical experience with cars. His passion for classic cars drove him to establish Mathewsons Classic Cars in 1970, a family-run business specializing in the sale and auction of vintage vehicles.
The turning point in Derek’s career came with the launch of the TV show Bangers & Cash. The show, which follows Derek and his family as they manage classic car auctions, has become a hit among car enthusiasts. A spin-off series, Bangers & Cash: Restoring Classics, further cemented Derek’s status as a leading figure in the classic car world.
Today, Derek continues to manage Mathewsons Auctions alongside his sons, Paul and Dave, ensuring the business remains at the forefront of the vintage car market.
Personal Life and Relationships
Derek Mathewson is married to Sue Mathewson, and they have two sons, Paul and Dave, who share his love for classic cars and work in the family business. However, recent reports have revealed significant challenges in Derek’s personal life. In February 2023, news emerged of an affair between Derek and his colleague, Vicki Ivens, who is 26 years younger. This revelation caused considerable strain on Derek’s marriage, with Sue reportedly considering divorce.
Vicki Ivens, who left both her husband and her position at Mathewsons following the affair, now works at Flamingo Land theme park. Derek has been seen spending time with Vicki, further fueling speculation about his current marital status.
Derek Mathewson Net Worth
As of 2024, Derek Mathewson net worth is estimated to be between $3 million and $5 million. This wealth primarily comes from Mathewsons Auctions, which has grown in prominence through Derek’s expertise and the success of Bangers & Cash. The TV show has not only boosted his visibility but also attracted a wider audience to his auctions. Additional revenue streams, including appearance fees and increased business opportunities, have further contributed to his financial success.
Derek Mathewson’s Classic Car Collection
One of the highlights of Derek Mathewson’s career is his extensive collection of classic cars. His collection includes some of the most coveted models in automotive history, such as the Porsche 911 and the Aston Martin DB4.
Derek’s dedication to preserving automotive history is evident in his collection, which serves as both a passion project and a celebration of vintage craftsmanship. Through his auctions and shows, Derek ensures that these vehicles are appreciated by future generations.
Comparison of Net Worth with Other Celebrities
| Celebrity | Net Worth |
|---|---|
| Derek Mathewson | $3-5 million |
| Richard Rawlings | $20 million |
| Mike Brewer | $1.5 million |
| Wayne Carini | $20 million |
| Ant Anstead | $5 million |
| Edd China | $3 million |
7 Interesting Facts About Derek Mathewson
- Derek has a collection of over 100 classic cars.
- He started his first car restoration project at the age of 16.
- Derek’s favorite car is the 1965 Ford Mustang.
- He has appeared in over 100 episodes of “Bangers and Cash.”
- Derek is known for his encyclopedic knowledge of car history.
- He often participates in classic car rallies across the UK.
- Derek’s business, Mathewsons Classic Cars, has been running for over 30 years.
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Current Status and Future Plans
Currently, Derek continues to manage Mathewsons Auctions and film new episodes of Bangers & Cash. He plans to expand the business and has hinted at launching a new TV series focusing on rare car restorations. Despite challenges in his personal life, Derek remains dedicated to his passion for classic cars and his role as a leader in the vintage car industry.
Social Media Presence
Derek Mathewson maintains a modest online presence, with updates shared through the official Mathewsons Classic Cars social media accounts. Fans can follow these accounts for auction schedules, updates on classic cars, and behind-the-scenes moments from the TV show.
Conclusion
Derek Mathewson is a classic car enthusiast whose passion has defined his successful career. Despite recent personal challenges, Derek remains a key figure in the automotive industry, inspiring car lovers worldwide through his business and TV shows. His journey exemplifies how a lifelong passion can lead to professional and personal fulfillment.
FAQs
Q: What is Derek Mathewson net worth?
A: Derek Mathewson net worth is estimated to be between $3 million and $5 million as of 2024.
Q: What is Derek Mathewson known for?
A: Derek is known for his expertise in classic cars and his appearances on the TV show Bangers & Cash.
Q: Does Derek Mathewson have children?
A: Yes, Derek has two sons, Paul and Dave, who work alongside him in the family business.
Q: What is Derek Mathewson’s favorite car?
A: Derek’s favorite car is the 1965 Ford Mustang.
Q: How long has Mathewsons Classic Cars been in business?
A: Mathewsons Classic Cars has been in business for over 50 years.