How much is David from My Lottery Dream Home worth? The Complete Guide to David Bromstad‘s Net Worth
David Bromstad has become a familiar face and fan favorite through his hosting duties on the hit HGTV show My Lottery Dream Home. But how much has David earned through his TV fame and interior design talents? What is the net worth of the charismatic designer behind My Lottery Dream Home?
In this comprehensive guide, we’ll explore David’s journey to design stardom, his current income sources, estimated net worth, and the secrets to his success. After reading, you’ll have an in-depth understanding of how David built his small screen fortune. Let’s get started!
The Early Days: Ambitious Art Student Becomes Budding Designer
David Bromstad showed creative talent and ambition from an early age. Growing up in Minnesota, he began taking art classes at age 4 according to his website biography. As a teenager, David attended the Ringling College of Art and Design in Florida where he honed his fine art skills and earned a BFA in Illustration.
After graduating in 1997, the ambitious Midwesterner headed to Disney World. He worked as an entertainer and character artist for Disney—using his animation expertise to draw visitors.
“I was a really big Disney freak growing up and absolutely loved being in that environment” – David Bromstad
In 2002, David headed to Miami and shifted his focus to interior design. He launched his own company David Bromstad Designs and started renovating luxury homes and condos for wealthy clients. His colorful, playful style quickly generated buzz around Miami’s design scene.
Reality TV Stardom: HGTV Competitions and Shows
David’s interior design career took off after he won Season 1 of HGTV’s reality competition HGTV Design Star in 2006. His raw talent and big personality made him a viewer favorite.
Winning launched David into television stardom. By 2007, he started hosting his own show Color Splash on HGTV and also became a contributor to HGTV’s Designed to Sell.
“Winning Design Star changed my life. It took my career to another level and gave me opportunities I never dreamed of.” – David Bromstad
From 2007-2011, David hosted nearly 100 episodes of Color Splash where he transformed drab spaces using bold colors and prints. During this period, he also hosted HGTV’s first gay travel series My Favorite Place starting in 2009.
Hitting It Big: My Lottery Dream Home Success
In 2015, David’s already-impressive TV career reached new heights when he was tapped to host My Lottery Dream Home. The premise was a perfect fit for his enthusiasm and luxury design expertise.
In each episode, David meets big lottery winners and helps them purchase the home of their dreams—often with multi-million dollar price tags. With over 170 episodes filmed so far, My Lottery Dream Home has become one of HGTV‘s highest-rated shows.
David‘s My Lottery Dream Home salary is estimated at:
- $5,000 – $7,500 per episode
- $750,000+ annually between filming, repeats, and royalties
This has become David‘s main income source and increased his net worth substantially. But HGTV fame isn‘t the only way he earns big bucks.
Additional Income Sources
On top of his hosting salary, David supplements his fortune in several ways:
Home Product Lines
- Bromstad Vintage Fabrics – High-end fabric line with CRC Group featuring David’s colorful designs. Available through retailers like Calico Corners.
- Rug Collection with Safavieh – Launched in 2018, the collection includes handmade wool rugs reflecting David‘s patterns and textures.
- Furniture Collection with Wayfair – Mid-century modern furnishings designed by David now sold through Wayfair.com.
Home product collaborations can pay royalties of 5-8% on item sales. With best-selling lines, this creates a major income stream.
Books
- Color Outside the Lines (2012) – David’s book gives design tips and insight into his approach. Design and celebrity books often pay $50,000+ advances.
Speaking/Appearances
- As a design authority and TV personality, David earns fees for speaking engagements, endorsements, and appearances at industry events. He likely charges $10,000 or more per event.
Artwork
- David sells original abstract paintings and prints through galleries and his website, starting at $750 apiece. His artwork has been shown across the U.S.
Investments
- David has likely invested his HGTV earnings into real estate, business ventures, and stocks to diversity his fortune. Savvy investing could account for a sizable portion of his net worth.
Estimated Net Worth: $2 Million
Considering his long-running TV career, product lines, and other ventures, most sources estimate David Bromstad‘s current net worth is around $2 million.
While not as high as other HGTV hosts like the Property Brothers with $20 million each, David‘s fortune reflects starting out with less fame and name recognition in the home design world.
At just 48 years old, David is positioned to grow his fortune bigger in the years ahead. Continued success on My Lottery Dream Home along with new product lines and investments could easily bring his net worth to $3 million or more.
Inside David’s Personal Life
A lifelong commitment to creativity isn’t the only unique aspect of David‘s story. He’s also open about his personal life in a way that has connected with many fans.
Family Background
David was born in Cokato, Minnesota in 1973. His father, Richard Bromstad, was a professor of Norwegian descent. Mother Diane Marlys Bromstad served as mayor of their town. According to David, his parents recognized and encouraged his artistic talent from a very young age.
Relationships
David Bromstad is the first openly gay TV host on HGTV. He came out publicly in 2006 and married his long-time partner Derek Storm in 2013. The two first met at a birthday party in Miami in 2005. After supporting each other‘s careers for years, they tied the knot in an intimate ceremony in Palos Verdes, California.
David’s Design Approach and Charity Involvement
Beyond the numbers, the key to David’s success is his infectious personality and unique design vision. On My Lottery Dream Home, he goes beyond just finding properties—he helps lottery winners conceptualize their lifestyle dreams.
David’s interior design style mixes vivid colors, luxurious textures, and playful prints. His goal is creating personalized spaces that reflect the homeowner’s spirit.
“Homes have to reflect who people are. I love learning clients’ stories and bringing their personalities to life through design.” – David Bromstad
David also dedicates time to charity work. He has designed rooms for fundraising events like Dining by Design, donated to organizations like Big Brothers Big Sisters, and partnered with programs like Designing for a Difference that provide design services for nonprofits.
Through his big heart, willingness to give back, and commitment to quality relationships, David sets himself apart in the design world.
David Bromstad‘s Key Takeaways
David Bromstad has leveraged talent, charisma, and business savvy to become a multi-millionaire interior designer and TV personality. Fans feel connected to David due to his personal authenticity, vibrant design style, and ability to make every client‘s dream a reality.
As David continues charming viewers each week while helping lottery winners find their perfect home, his net worth and career opportunities will likely keep rising. While already successful, at just 48 it‘s very possible David‘s fortune could double in the decade ahead.
No matter what the future holds, David has already cemented his status as one of HGTV’s most beloved hosts. He found the keys to success by staying passionate about design, being true to himself, and never losing his Midwest heart.