Do you know Steven McBee, the owner of McBee Cattle Farm? If you watch the show called "Joe Millionaire" on Fox, you probably have an idea of who he is. Otherwise, you may not be so sure. However, you might be surprised to learn that he has a net worth of around $5 million. How does someone who owns a beef farm end up with a net worth that rivals a lot of celebrities? There is no doubt that his journey has been quite interesting. If you want to know more, keep reading.
From modest beginnings
At just 27 years old, it's hard to believe McBee has earned a net worth of $5 million so far, but that's exactly what he's done. In fact, he made $250 this year alone. Considering the fact that this year isn't even over yet (in fact, it's only just begun), that's a hefty amount of money. The question is, how did he make it all possible? He was born into a family with three other siblings and raised in Independence, Missouri. By all accounts, his upbringing was fairly normal. Even today, he still lives near where he grew up, although his current hometown of Gallatin is much smaller. In addition, the family remains united. He is still close to his two adult siblings who help him run the farm. One of the things they like to joke about is that he owns a helicopter, as it makes it easier to keep an eye on the cattle, especially considering how much area he has. However, he never got his pilot's license. Although he enjoys flying, he allows his brother Jessie to handle the controls while he watches the cattle.
Making millions with cattle?
It's hard for many people to believe that someone can make that much money from a cattle farm, but they've managed to derive a large portion of their net worth from the family business. While it's a mistake to say that all of his net worth comes from this business, it's safe to say that an overwhelming majority of income does indeed come from raising cattle that he and his family own. If you're wondering how this is possible, it's important to note that this isn't just any beef farm. It would be much more accurate to say that it is closer to an empire than an ordinary farm. Although the exact acreage owned by McBee and his family has not been publicly disclosed, it is well known that they own significant acreage throughout the state of Missouri. In addition to the cattle farm, he and his family also run tours and even hunting trips on much of the land they own. All of this money contributes to what they are already earning from the tens of thousands of dollars that come annually from cattle ranching. It should also be noted that in addition to doing all of these things, they also sell hunting gear. McBee himself became very keen to reduce the amount of water wasted on the farm. This in turn saves money. So they're doing the same amount of business they've been doing for several years, but they're spending less money to keep things running smoothly. Indirectly, this also contributes to his net worth. He was widely considered an entrepreneur and even a visionary when it came to the family business. He understands business and marketing and he knows what the public wants. As such, he is able to increase the volume of business that the whole family is capable of doing and this increases his net worth.
Reality show
Finally, McBee also did a reality TV show for Fox Network titled "Joe Millionaire: For Richer or Poorer." This is something that happened because he responded to a local casting call and since that time his popularity has skyrocketed. In fact, he ended up being such a popular contestant in this reality dating game that he's now a co-host of the show. It is not yet known exactly how much money he makes from the show on a yearly basis, or exactly how much he has earned in the past. However, you can practically bet that it's not exactly a small amount of money and that it contributes to his overall net worth. As long as he continues to do the show, it will undoubtedly continue to allow him to grow his net worth on top of all his other pursuits.
In the end, McBee made a lot of money doing what a lot of people would have liked to do all along. He does not depend on a single stream of income to ensure his financial security. Instead, he has a number of different things going for him. In addition to reality TV, there is the beef farm he operates with his family. Plus, there are the tours, hunting tours, and hunting gear he sells. All of these things contribute to his net worth and they continue to allow him to grow that net worth over time. Perhaps the best thing about it is that if one of those income streams suddenly dries up, it's not looking for money because it has money from several other sources. It's something a lot of people talk about, but very few people take the necessary steps to make sure it becomes a reality. For him, that means continuing the family business and having a love of entrepreneurship as well as a willingness to keep trying new things. Combined, all of these qualities have brought him to a position where he is involved in a number of different things simultaneously and he earns money that reflects those efforts.
