He started in the business as a hobby, buying store clearance and returns and selling it online and at local swap meets. His fiance Elizabeth Metzidis backed him up. He was 40. In the lawsuit, Hester claimed the series is fake, saying show producers plant valuable items in units to make the show more interesting. When it comes to this business, Mark was known to be one of the best and most intimidating competitors out there because when he set his eyes on a locker, he wouldn't back down until he reached the maximum bid he established in his mind. Storage Wars star Mark Balelo was found dead Monday of an apparent suicide, TMZ reports. Unfortunately, an arrest for drug possession a few days prior to his suicide may have been the reason he took his life. ‘Storage Wars’ star Mark Balelo was found dead on Monday, two days after being arrested on suspicion of possession of methamphetamine, according to multiple reports. Mark Balelo, who had made frequent … He first appeared on Storage Wars in the second season. Mark was also a private pilot and flew Cessnas (FAA has no record of him being a private pilot) and drove race cars as his main hobbies. He was 40. Share on Facebook Mark further grew revenue, and celebrity status, from his reoccurring role on the TV show Storage Wars. He said that "his strategies are constantly changing to stay ahead of its opponents and that nowadays quantity is not as important as quality." Balelo appeared on a handful of "Storage Wars" episodes over the past few seasons. or redistributed. The one he was referring to included a rare game known as "Stadium Events". He passed away in 2013. . They were partying in there I didn’t do anything wrong. ‘Storage Wars’ star Mark Balelo was found dead days after being arrested on suspicion of drug possession. ‘Storage Wars’ has been under scrutiny recently after Dave Hester, a former cast member, filed a lawsuit against the show. Storage Wars castmember Mark Balelo committed suicide Monday, the Ventura Country coroner's office said. It focuses on the buyers' best (and worst) storage unit purchases grouped by theme ("Child's Play", "Art of the Deal", etc. Legal Statement. Balelo, Inc.  Balelo, Inc. handles Asset Acquisitions, Liquidations and Closeouts. It is rumored that he thought the arrest would ruin his chances of staying in the newest season of Storage Wars. Barry: "He is just locker blocking everybody. In one of his more memorable moments on the show, he found a Nintendo Entertainment System, with part# NES-001, which is the part number for the first edition Nintendo released in the United States. Mark Balelo, the flamboyant auctioneer who appeared on A&E;'s “Storage Wars,” was found dead in his car on Monday morning, in what appeared to be a suicide. Balelo, a businessman who … Mark Balelo, who was mainly recognized and called only by his last name Balelo has been around in the storage auction business for several years. He is very knowledgeable in e-Commerce and conducts regular online auctions. This material may not be published, broadcast, rewritten, or redistributed. "Storage Wars" star Mark Balelo, who was found dead on Monday at the age of 40, committed suicide by inhaling exhaust fumes, the Ventura County medical examiner's office said. A star of the reality show Storage Wars has committed suicide a day after he was arrested on drug charges. ‘Storage Wars’ star Mark Balelo was found dead on Monday, two days after being arrested on suspicion of possession of methamphetamine, according to multiple reports. Powered and implemented by FactSet Digital Solutions. He owned a race car but said that he hadn't enjoyed his hobbies in some time due to his constant busy schedule. Storage auctions presented great risks and greater returns, and that was something that fell right in with Mark's personality, desires and dreams. Mark Balelo, an auction-house owner who appeared as a buyer on A&Es hit reality TV show Storage Wars, has died in an apparent suicide, according to news reports. Market data provided by Factset. Since this show his man purse is known by the "Murse" and it always known to be loaded (with cash). Balelo owned Balelo, Inc., which purchased the contents of storage lockers and liquidated their assets. Balelo was one of the deep-pocketed buyers featured on the show that depicts storage-unit auctions. His auction business hihandles all types of Auctions and Estate Sales and Mark is the Auctioneer at Balelo Auctions. Because of his deep pockets and flashy outfits, he was often called "Rico Suave." Mark Balelo was born on 31st January 1973, in Machico, Madeira Island, Portugal, and was a businessman best known for founding Balelo Inc., which is a liquidation, distribution and wholesale company. A&E said the suit is baseless and asked a judge to toss it. Reality Show Star, Businessman. Balelo had finally become an auctioneer and was proud of his latest venture. Market data provided by Factset. What's the reasoning behind Barry's hi-jinx? With a sheepish grin and dimples, he quickly had viewers reaching out to A&E asking for more of the self-made Mark. He majored in Business, but he said that most of his business education and expertise was learned through life experience and not taught in schools. Unsure of how to determine its worth, he took it to a video game appraiser but found that the item was common and not in working condition and thus worth only $10. His work ethic and humble beginnings set him apart in the industry. He was 40. Powered and implemented by FactSet Digital Solutions. He was funny and engaging, but feared for his bottomless wallet. With a sheepish grin and dimples, he quickly had viewers reaching out to A&E asking for more of the self-made Mark. Mark’s company Balelo Inc. sold liquidations, customer returns, and closeouts experiencing well over a million dollars in sales within the first six months of operations. How did Dan get into the auction business? Storage Wars star Mark Balelo will be deeply missed by his friends, family, fiancee and fans. His auction business hihandles all types of Auctions and Estate Sales and Mark is the Auctioneer at Balelo Auctions. Mark Balelo also owned a gaming store known as The Game Exchange and an auction house known as Balelo Auctions. Take your favorite fandoms with you and never miss a beat. The suit also claimed the show rigged the bidding process. He died on February 11, 2013 in Simi Valley, California, USA. News that the 40-year-old Storage Wars star died of carbon monoxide poisoning and his … In one of his more memorable moments on the show, he found a. with part# NES-001, which is the part number for the first edition Nintendo released in the United States. According to authoritative … He was involved in automotive sales for 17 years and was known to be one of the nation's top performers in automotive sales for Mercedes-Benz. He also expressed that he had just recently fought one of he biggest battles of his life, in his personal life. The Ventura County Coroner's Office confirms to E! 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Mark Balelo, an auction house owner featured on the reality show "Storage Wars," died from carbon monoxide poisoning in an apparent suicide, the Ventura County medical examiner's office said today. Mark Balelo, Self: Storage Wars. Legal Statement. (He said that when he was a child his aunt in Brazil asked him what he wanted to be when he grew up and his answer was that he wanted to be a "Treasure Hunter".) After pulling a big wad of $100 bills". Mark Balelo, an auction house owner featured on the A&E reality TV show Storage Wars, has died, EW has confirmed. Mark Balelo also owned a gaming store known as The Game Exchange and an auction house known as Balelo Auctions. Storage Wars has suffered a very real loss.. Mark Balelo, one of the deep-pocketed buyers who frequented the storage-unit auction scene depicted on the hit … Mark Balelo bidding against Dave Hester on a $9k locker. All rights reserved. Long Beach didn't pay for most of the bidders who lost money on that day. Sadie Gennis Feb. 12, 2013, 7:23 a.m. PT. Mark Balelo, an auction house owner on “Storage Wars,” has died. Mark Balelo return home with his murse and $50k cash. According to Mark, he has fought many tough battles in his life and overcame every one of them successfully. Jarrod:  "This Mark guy is like a Bulldozer". The Lords of Loot will met at the abandoned Sahara Casino in Las Vegas to relive the best bidding wars, hash out personal conflicts, and reveal some of the secrets behind their success, or lack of it. Mark Balelo was born on January 31, 1973 in Machico, Madeira Island, Portugal. His journey in business continued to evolve through his participation with Storage Wars, allowing him to live out an adult version of his childhood dreams of being a treasure hunter. Storage Wars Wiki is a FANDOM TV Community. Mutual Fund and ETF data provided by Refinitiv Lipper. Sadly, Mark Balelo was found dead in his garage on February 11, 2013. (1) http://www.realitytvworld.com/news/storage-wars-cast-member-mark-balelo-death-ruled-suicide-1033395.php, Mark Balelo: "Does this look like real money to you my man", Mark Balelo and staff at "Enemy of The Enemy". 2/16/2013 12:45 AM PT Mark Balelo was the President & CEO of  They cited sources saying Balelo was distraught after his arrest. Balelo was arrested over the … Mark Balelo also owned a gaming store known as The Game Exchange and an auction house known as Balelo Auctions. Storage auctions presented great risks and greater returns, and that was something that fell right in with Mark's personality, desires and dreams. He had three consecutive appearances in episodes "Enemy of The Enemy", "Fire in The Hole" and "San Burrito". Mark started working in fishing boats at the age of 14 and he put himself through school by working in a valet business in the evenings and weekends. The company also serves as a Wholesaler and Distributor. He was one of the stars on the popular A&E Network television show "Storage Wars." ©2021 FOX News Network, LLC. As a result, it is legal to put up the contents of these lockers for sale in a cash-only auction. Mark Balelo, who was mainly recognized and called only by his last name Balelo has been around in the storage auction business for several years. He went from a bargain hunter to a storage treasure hunter in a short period and almost immediately after his first auction, he knew that he found a niche that was more fun and profitable than his bargain hunting investments. The one he was referring that sold for $13K on ebay was because it included a rare game known as "Stadium Events". His good-natured response to the disappointment won fans over. He was 40. The Nintendo he found on the unit was appraised for $10. What do they think of new rival, Mark Balelo? Mark Balelo was known as “Rico Suave” on Storage Wars and peeked much attention from fans due to his flamboyant clothing and the wands of cash … Barry: "This handcuffs seems to excite you." Facebook - Mark Balelo   Facebook - The Storage Warrior, Mark Balelo Linked in   Mark Balelo Twitter, Google+  Mark Balelo   Google+ Mark Balelo Storage Wars. Mark also ran an auction house as the auctioneer. Mark Balelo, a star of A&E's Storage Wars, was found dead in his car Monday morning in a business warehouse in Simi Valley, Calif. He considered buying storage units the modern way of treasure hunting and calls himself "The Storage Warrior". Mark Balelo was the President & CEO of Balelo, Inc. Balelo, Inc. handles Asset Acquisitions, Liquidations and Closeouts. Mark Balelo, a star of A&E’s Storage Wars, was found dead in his car Monday morning in a business warehouse in Simi Valley, Calif. In an interview two months ago with RadarOnline, which the website now claims was his last, Balelo admitted to a 2009 drug conviction, but said he was just in the wrong place at the wrong time.
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