Man unexpectedly discovers $7.5 million in a storage unit he bought for $500

What would you do with that kind of money?
  • The cash was found inside a safe within the unit
  • The story was shared by Dan Doston who frequently stars in the reality TV series Storage Wars
  • The new owners were contacted by the people who owned the safe

Published on Apr 3, 2024 at 12:01PM (UTC+4)

Last updated on Apr 19, 2024 at 6:51PM (UTC+4)

Edited by Tom Wood

In an unexpected turn of events, a man found $7.5 million in a storage unit he bought for only $500.

It must have seemed like a dream come true for the person who bought the storage unit, as they became a millionaire overnight.

However, it must have been a nightmare for the one who lost the money.

Last year, we saw a similar case when a student became a millionaire overnight after a bank accidentally deposited $3m into her account.

READ MORE! Bank account with $1.8 billion discovered in South Carolina, but nobody knows how and why

This story was shared by Dan Dotson who operates his own auction house and frequently stars in reality television series Storage Wars.

The whole premise of the show involves people buying storage units that are up for auction in hopes of finding something good in them.

Any storage unit that has not been paid for three consecutive months is allowed to be auctioned off.

Of course, you can find all kinds of stuff in these storage units.

You might find some buried treasure, but you might get a load of old garbage, too.

In this case, it was $7.5 million.

Now $7.5 million is a lot of money to most of us, but some people manage to get through much more than that.

One Scottish man who won a record-breaking $50 million, spent most of his winnings in just eight years.

His story is quite a tragic one, but let’s stick with the original case, shall we?

Dan shared the story of the mysterious storage unit filled with cash in a YouTube post back in 2018.

In his video, Dan said that he was approached by a woman at an event, who told him that a family friend had recently purchased a storage unit that he had auctioned off.

To everyone’s surprise, the storage unit had a safe with $7.5 million in cash.

The new owners of the unit then got a call out of the blue from an attorney representing the original owners of the money.

Initially, the original owners offered $600,000 to return the money, eventually raising their offer to $1.2 million.

In the end, the new owners of the unit – bought for $500 – agreed to return the money.

While they did lose out on $6.3 million, according to Dan it might have been a smart choice considering there’s no telling where the money came from.

After all, that’s a big gamble, and it could have seen them end up with nothing.

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