Mark Balelo, who had made frequent … Mark Balelo return home with his murse and $50k cash. Mark Balelo with $50,000 and his "Murse" (Man's Purse), Mark Balelo brought $50,000 cash to spend in lockers in his man's purse,  referred by Darrell Sheets as his "Murse". Have you ever wondered how rich Mark Balelo was at the time of his death? Brandi: "Rico Suave here just jump the bid by $500." Mark Balelo, an auction house owner featured on the A&E reality TV show "Storage Wars," was found dead on Feb. 11, The Ventura County Star reported. Balelo owned Balelo, Inc., which purchased the contents of storage lockers and liquidated their assets. ''Dan: "I seen him around, his name is Mark Balelo and he is known to throw some money around". He was found dead at his Simi Valley business he was 40. A star of the reality show Storage Wars has committed suicide a day after he was arrested on drug charges. They were partying in there I didn’t do anything wrong. Mark Balelo, Self: Storage Wars. 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Suicide is suspected as Balelo was found dead in his running car in a garage of apparent carbon monoxide poisoning, TMZ reports. “Friends of mine were using a hotel room that was rented in my room. He also appeared on the segment of "Buy Low, Sell High" of Storage Wars Unlocked and he appeared on the third season in the episode "More Like, Wrong Beach". He was 40. He is very knowledgeable in e-Commerce and conducts regular online auctions. 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. Legal Statement. 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 was 40. He was excited at the find, because he "saw one with five games go for $13,000" in an auction online. He passed away in 2013. . What's the reasoning behind Barry's hi-jinx? Take your favorite fandoms with you and never miss a beat. 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. His fiance Elizabeth Metzidis backed him up. This reality tv show follows those storage lockers in California, whose owners have not paid any rent in the last three months. With a sheepish grin and dimples, he quickly had viewers reaching out to A&E asking for more of the self-made Mark. As a result, it is legal to put up the contents of these lockers for sale in a cash-only auction. Balelo, Inc.  Balelo, Inc. handles Asset Acquisitions, Liquidations and Closeouts. s "Rico Suave" by Brandi due to his flashy, wardrobe and money-flaunting buying style, Balelo was known for bringing more than $50,000 to each auction. He had three consecutive appearances in episodes "Enemy of The Enemy", "Fire in The Hole" and "San Burrito". Mark Balelo had diverse experience and knowledge in several industries and he could speak 5 languages fluently. He was funny and engaging, but feared for his bottomless wallet. (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".) The company also serves as a Wholesaler and Distributor. All rights reserved. Legal Statement. Quotes displayed in real-time or delayed by at least 15 minutes. rage-wars-cast-member-mark-balelo-death-ruled-suicide-1033395.php, https://storagewars.fandom.com/wiki/Mark_Balelo?oldid=6535. Darrell: "The God of Zeus once said to keep your friends close and your enemies closer". 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. Star of A&E's "Storage Wars" Mark Balelo was found dead in his car on Monday just two days after being arrested for drug charges for possession of methamphetamine. I wasn’t even there. Since this show his man purse is known by the "Murse" and it always known to be loaded (with cash). Barry: "This handcuffs seems to excite you." The company also serves as a Wholesaler and Distributor. 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. 'Storage Wars' Star Mark Balelo -- Family Seeking Final Resting Place 'Storage Wars' Suicide Mark Balelo Cremated Family Making Final Plans. His auction business hihandles all types of Auctions and Estate Sales and Mark is the Auctioneer at Balelo Auctions. 2/16/2013 12:45 AM PT He was 40. He was 40. With a sheepish grin and dimples, he quickly had viewers reaching out to A&E asking for more of the self-made Mark. ‘Storage Wars’ star Mark Balelo was found dead days after being arrested on suspicion of drug possession. Jarrod:  "This Mark guy is like a Bulldozer". He started in the business as a hobby, buying store clearance and returns and selling it online and at local swap meets. Balelo was arrested over the … His work ethic and humble beginnings set him apart in the industry. Market data provided by Factset. After pulling a big wad of $100 bills". Storage auctions presented great risks and greater returns, and that was something that fell right in with Mark's personality, desires and dreams. Storage Wars castmember Mark Balelo committed suicide Monday, the Ventura Country coroner's office said. Mutual Fund and ETF data provided by Refinitiv Lipper. His good-natured response to the disappointment won fans over. 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 … Storage Wars Unlocked: Buy Low, Sell High. 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. The suit also claimed the show rigged the bidding process. Reality Show Star, Businessman. Storage Wars star Mark Balelo will be deeply missed by his friends, family, fiancee and fans. He ventured into his own valet business when he was 19 years old and sold cars at a Nissan dealership while taking classes at Orange Coast College at the same time. Beginning in 2019, A&E began airing "best of.." episodes of the show titled as Storage Wars: Back to the Locker. Known for wearing flashy clothes and nicknamed “Rico Suave," Balelo is best known for helping return a rare Superman comic book valued at $1 million to its owner, actor Nicolas Cage. Then.... One of the most memorable moments of all times in Storage Wars: Mark thought he had a Nintendo that could've been worth as much as $13K because he saw one that sold online for that. 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 also ran an auction house as the auctioneer. What do they think of new rival, Mark Balelo? The one he was referring that sold for $13K on ebay was because it included a rare game known as "Stadium Events". He first appeared on Storage Wars in the second season. 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. Mutual Fund and ETF data provided by Refinitiv Lipper. “I want people to know that Mark has a heart of gold,” she told Radar, adding that Balelo was involved in raising funds for autism awareness. His good-natured response to the disappointment won fans over. 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. It’s not a big deal," he said. He was 40. Mark Balelo was born on January 31, 1973 in Machico, Madeira Island, Portugal. Mark Balelo bidding against Dave Hester on a $9k locker. Everytime she saw Mark Balelo at auctions. This material may not be published, broadcast, rewritten, A&E said the suit is baseless and asked a judge to toss it. 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. The Ventura County Coroner's Office confirms to E! ©2021 FOX News Network, LLC. Unfortunately, he did not realize that arrests are common in Hollywood reality TV, and that his addiction was a disease which many Americans have struggled with and which he could have conquered with support from professionals and from the public. He started in the business as a hobby, buying store clearance and returns and selling it online and at local swap meets. 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. That sentence was played in the audio part introduction of A&E's website for Storage Wars, Mark Balelo in San Burrito appraising Nintendo. He considered buying storage units the modern way of treasure hunting and calls himself "The Storage Warrior". Storage Wars star Mark Balelo was found dead Monday of an apparent suicide, TMZ reports. Sadly, Mark Balelo did take his own life. 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. It focuses on the buyers' best (and worst) storage unit purchases grouped by theme ("Child's Play", "Art of the Deal", etc. Powered and implemented by FactSet Digital Solutions. He said that "his strategies are constantly changing to stay ahead of its opponents and that nowadays quantity is not as important as quality." 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 was the President & CEO of  Sometimes referred to “Rico Suave” on the show because of his eye-catching outfits, Balelo was … ‘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. 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. He was excited at the find, because he "saw one with five games go for $13,000" in an auction online. Balelo, a businessman who … Barry: "Is that "Tony Montana" bidding?" ‘Storage Wars’ has been under scrutiny recently after Dave Hester, a former cast member, filed a lawsuit against the show. Updated at 7:49 p.m. Why does everyone hate Dave? It is rumored that he thought the arrest would ruin his chances of staying in the newest season of Storage Wars. Share on Facebook All rights reserved. The comic book was found in a storage locker a decade after it was stolen from Cage. His auction business hihandles all types of Auctions and Estate Sales and Mark is the Auctioneer at Balelo Auctions. There, Mark Balelo's man purse became known as the "Murse". Balelo was one of the deep-pocketed buyers featured on the show that depicts storage-unit auctions. How did Dan get into the auction business? The one he was referring to included a rare game known as "Stadium Events". Mark brought more to every auction than just his "Murse". He was poised to become a regular on the show, to replace Dave Hester as a new nemesis. According to Mark, he has fought many tough battles in his life and overcame every one of them successfully. Mark replied:  "Does this look 'like real money to you my man? 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". ©2021 FOX News Network, LLC. Brandi Glanville cheated on Eddie Cibrian before he cheated on her, report says, Disney doh! 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. 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 … Mark Balelo also owned a gaming store known as The Game Exchange and an auction house known as Balelo Auctions. He built his empire known as Balelo, Inc. and found himself buying over 150 storage units a week, and has a net worth of over $500,000 as of 2013. He owned a race car but said that he hadn't enjoyed his hobbies in some time due to his constant busy schedule. 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. Market data provided by Factset. He died on February 11, 2013 in Simi Valley, California, USA. 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. He also expressed that he had just recently fought one of he biggest battles of his life, in his personal life. The Ventura County medical examiner's office determined the Portuguese-born Balelo, 40, died after inhaling carbon monoxide and car exhaust fumes. Mark Balelo net worth: Mark Balelo was an American entrepreneur and television personality who had a net worth of $500 thousand. (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". 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. Mark Balelo also owned a gaming store known as The Game Exchange and an auction house known as Balelo Auctions. 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. Balelo appeared on a handful of "Storage Wars" episodes over the past few seasons. They cited sources saying Balelo was distraught after his arrest. The coroner's office ruled this "suicide by carbon monoxide poisoning" a couple of days later. Mark Balelo, an auction house owner on “Storage Wars,” has died. “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. 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. Balelo had finally become an auctioneer and was proud of his latest venture. The picture to the right shows Mark smirking after dropping a unit on Darrell. 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. According to authoritative … Storage Wars Wiki is a FANDOM TV Community. The company also serves as a Wholesaler and Distributor. Balelo, 40, was in several episodes of the popular reality show. "Storage Wars" has lost one of its popular auctioneers to suicide, reports state. Mark Balelo replied: "Yes, it does". Sadie Gennis Feb. 12, 2013, 7:23 a.m. PT. Balelo, Inc.  Balelo, Inc. handles Asset Acquisitions, Liquidations and Closeouts. Sadly, Mark Balelo was found dead in his garage on February 11, 2013. Barry: "He is just locker blocking everybody. Brandon: "My dad just got punked by Balelo". In the lawsuit, Hester claimed the series is fake, saying show producers plant valuable items in units to make the show more interesting. Because of his deep pockets and flashy outfits, he was often called "Rico Suave." He is also not afraid to get his hands dirty as many times he is seen at auctions by himself doing all the work while wearing expensive clothing and shoes. Mockingly referred to as "Rico Suave" by Brandi due to his flashy wardrobe and money-flaunting buying style, Balelo was known for bringing more than $50,000 to each auction. Mark Balelo, a star of the A&E reality series "Storage Wars," was found dead of a suspected suicide at his business in Simi Valley, Calif., a police spokesman said. Mark further grew revenue, and celebrity status, from his reoccurring role on the TV show Storage Wars. Unfortunately, an arrest for drug possession a few days prior to his suicide may have been the reason he took his life. He was one of the stars on the popular A&E Network television show "Storage Wars." 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. Mark Balelo was found dead Monday, Feb. 11 at his auction house only two days after being arrested for possession of a controlled substance. ). Quotes displayed in real-time or delayed by at least 15 minutes. Mark’s fiancee Elizabeth Metzidis posted a message on Feb. 12 to tell thank everyone for their support. Facebook - Mark Balelo   Facebook - The Storage Warrior, Mark Balelo Linked in   Mark Balelo Twitter, Google+  Mark Balelo   Google+ Mark Balelo Storage Wars. This material may not be published, broadcast, rewritten, or redistributed. "Storage Wars Unlocked: Buy Low, Sell High", like real money to you my man? He was 40. Mark Balelo injected some youthful, cocksure swagger to Storage Wars when he popped up in seasons two, three, and four of the reality series. Law enforcement sources tell us an autopsy will be conducted tomorrow. He was 40. Balelo became famous after finding and returning a rare comic book valued at $1 million to owner Nicolas Cage. 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 Nintendo he found on the unit was appraised for $10. "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. 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. Mark Balelo was the President & CEO of Balelo, Inc. Balelo, Inc. handles Asset Acquisitions, Liquidations and Closeouts. News that the 40-year-old Storage Wars star died of carbon monoxide poisoning and his … ET: Mark Balelo, who appeared on A&E's "Storage Wars" as a frequent locker buyer, was found dead Monday at his California workplace, the … ‘Storage Wars’ is the first series from the popular franchise with the same name that originally premiered on A&E in 2010. Nicknamed "Rico Suavé" for his preference of dressing up in very nice clothes for routine, low-key storage locker auctions, Balelo came prepared to those cash-only events with a big wad of bills. ‘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. Long Beach didn't pay for most of the bidders who lost money on that day. or redistributed. After pulling a big wad of $100 bills".