ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Man finds $7.5 million inside a storage unit he bought for $500 — Then, the former owner returned

Even though the buyer wasn't able to keep all of it, he did walk away with a massive profit.
UPDATED JAN 4, 2025
Dan Dotson at A&E's 'Storage Wars' Lockbuster Tour and representational image of cash in a bag (Cover image sources: Getty Images and X post by @DanDotson)
Dan Dotson at A&E's 'Storage Wars' Lockbuster Tour and representational image of cash in a bag (Cover image sources: Getty Images and X post by @DanDotson)

Storage spaces are meant for items that one rarely uses or just memories, but no one expects to find a hidden treasure in there. But destiny had something different planned for a man who bought a storage space for merely $500 but walked home with millions as a return on his investment. The story of this lucky buyer who was surprised to find a pile of cash was also narrated by "Storage Wars" star Dan Dotson.

Laura Dotson and Dan Dotson attend A&E's 'Storage Wars' Lockbuster Tour | Getty Images | Photo by Tibrina Hobson
Laura Dotson and Dan Dotson attend A&E's 'Storage Wars' Lockbuster Tour (Image source: Getty Images | Photo by Tibrina Hobson)

Finding Cash Amidst Trash

Dotson who operates his own auction house and frequently stars in Storage Wars on A&E, revealed in an online video how a woman approached him with the story of a friend who purchased a storage unit, auctioned off by him.



 

The woman shared that her friend found a mysterious safe inside the storage unit that they couldn't open. Dotson recalled the woman saying that the first professional they called couldn't do it but a second person did it.

“When that person opened it up, inside the safe, normally they’re empty, but this time it wasn’t empty, it had $7.5 million cash inside,” Dotson revealed.



 

Dotson and his wife, Laura went on to speculate where the money would've come from. "Credit card went bad, it was finished, they moved away, perhaps the person went to jail... who knows what it was," Laura said. While the finder may have thought they struck gold, the story didn't end as they would've wanted. 

Here's the Catch

Dotson further revealed that when the original owners of the unit heard about the cash, they quickly contacted the new owner. Dotson says that they initially offered the buyer of the unit $600,000 to return the money, and then doubled it to $1.2 million. Finally, the two parties reached a settlement and the buyer walked away with almost $1.5 million in profit on a $500 investment.



 

Dotson said that he too would have taken the $1.2 million reward with no questions asked. This was because he felt that it wasn't clean money and he wouldn't want to find out how far the former owners would go to get their money back. “$7.5 million is a lot of money… but that’s a lot of running, too," he said. 

While this incredible discovery wasn't featured on "Storage Wars," similar incredible discoveries have made it to the reality show over the years. For instance, in season 3, Darrell "The Gambler" Sheets lucked out similarly on a $3,600 storage unit. While looking through the items to recoup their investment, Sheets and his partner found paintings from a renowned Mexican artist Frank Gutierrez.



 

Unsure of what to do with the dozens of paintings, Sheets called in an expert to get a fair valuation. The expert immediately acknowledged the remarkable find and noted that there was a large part of Gutierrez's work stored in the unit.

When sheets asked about the value of the painting, the expert took a moment to say that it could be worth a whopping $300,000. This prompted Sheets to flip his $3,600 unit for hundreds of thousands of dollars in profit.

This article originally appeared 2 months ago.

MORE ON MARKET REALIST
Apart from acing clues on Jeopardy!, Levine has a long list of TV accolades.
3 days ago
The TikTok creator was shocked to find out how generous Home Depot is.
3 days ago
Harvey wasn't impressed with what the show's audience had to say about him.
3 days ago
The owner of the model Marklin Puritan boat promised never to put it in her swimming pool again.
3 days ago
The contestant, Abi McLaughlin, entertained the viewers throughout the night with her gameplay.
3 days ago
The contestant, Stephen James, couldn't stop yelling and giggling after his big win.
3 days ago
Harvey had a hard time roasting the players who kept coming up with smart answers.
3 days ago
The video showed how the new tech takes even more time to unlock doors.
4 days ago
Harvey later regretted clapping for the controversial answer, being a married man.
4 days ago
Harvey was very invested in the game and reacted to every answer with enthusiasm.
4 days ago
The creator's simple hack can make sure that people avoid splurging too much on groceries.
5 days ago
The contestant's answer wasn't the only one that made the host crack up.
5 days ago
The company received multiple complaints from customers finding wiry pieces of metal in the product.
6 days ago
The survey results were nothing like any of them had anticipated.
6 days ago
The soon to be birthday girl, Ja-Juana fell into temptation and lost the big prize.
6 days ago
The player, Gary got too excited and almost tore down the prize board off the roof.
7 days ago
The player, Megan Zandrowicz, walked away with a fantastic $65,000 from the show.
7 days ago
In the end, the guest regretted using the beautiful Mettlach Cameo Platter for her parties.
7 days ago
The contestant Mary, won a trip to Vancouver as a perfect birthday present.
Oct 25, 2025
The player was in for another heartbreak after she failed to solve the puzzle.
Oct 25, 2025