Rick Harrison Net Worth

Rick Harrison is an American businessman. Rick Harrison was born March 22, 1965. Most want Rick Harrison Net Worth. We updated the information. Some individuals want to discover their favourite celebrities’ biographies. Today, people seek for Rick Harrison Net Worth. Internet users can find Rick Harrison’s net worth. Please go deeper for details.

Rick Harrison’s net worth

American reality TV star and entrepreneur Rick Harrison net worth is $9 million. He’s a prominent member of the Harrison family, owners of Las Vegas’ Gold and Silver Pawn Shop. The family rose to fame through their role in the reality TV show “Pawn Stars,” which follows the Gold and Silver Pawn Shop’s antics.

Rick Harrison’s achievement is set against Las Vegas’ stunning cityscape, where the family’s pawn business thrived. The Harrisons’ Gold and Silver Pawn Shop became famous for its pawn services and strange things on the shop’s shelves.

His sudden climb to popularity was fueled by the reality TV show “Pawn Stars,” which illuminated the pawn industry’s everyday operations, negotiations, and intriguing transactions. Rick Harrison’s smart businessmanship and store co-ownership made him a TV sensation with devoted fans.

The dynamics between Rick Harrison, his family, and the different customers who bring in objects for inspection and sale make “Pawn Stars” appealing. The episode shows the pawn business’s dealings and the artifacts’ history and value.

From entrepreneur to reality TV star, Rick Harrison combines business and entertainment. The Gold and Silver Pawn Shop, a sign of success, thrives, and Rick’s role in the reality show has made him famous. The popularity of “Pawn Stars” shows that pawnshops and the compelling stories behind each item in Rick Harrison’s collection are universally fascinating.

Rick Harrison’s Early Life

The third child of Joanne Harrison and U.S. Navy veteran Richard Benjamin Harrison Jr., Richard Kevin Harrison was born in Lexington, North Carolina, on March 22, 1965. His father transferred to San Diego in 1967, thus the family moved there.

Harrison attended Taft Middle School in the San Diego Unified School District but dropped out in high school to sell phony Gucci bags for $2,000 a week. His ability to discern fakes from real bags would help him later in the pawn business, even though he isn’t proud of this work.

Harrison’s childhood was difficult and he suffered epilepsy early. When he was eight, he got epilepsy and had terrible seizures that kept him in bed. My mom went to the library when I couldn’t walk for a week or two.

Since her mother was a librarian, he loved literature and history and science.

Harrison’s mother launched her real estate firm three years after getting her license in 1970. After his father Richard Benjamin Harrison Jr. left the Navy, he started working in real estate part-time.

The Fed hiked rates to control excessive inflation in the early 1980s, as it did in 2022 when US inflation hit its greatest level since the 1980s. Harrison’s real estate business lost a lot due to the Fed’s rate hike.

After their real estate business failed in 1980, they moved to Las Vegas with $5,000.

Professional Career

Harrison’s father launched his first secondhand store in Las Vegas in 1981 after moving there. Gold & Silver Coin Shop opened in a 300-square-foot Las Vegas Boulevard wall hole. Harrison worked daytime in his father’s store. At night, he repossessed autos. Store moved to downtown Las Vegas in 1986. Harrison lost their lease in 1988.

A new Las Vegas Boulevard commercial building housed the firm. Harrison and his father pondered turning the coin shop into a pawnshop for years. It suited their business. That was difficult because a 1955 Las Vegas law limited pawn shop licenses by population. 

Metro Las Vegas’ population exceeded 640,000 in 1988. Harrison called the city’s statistician weekly to apply for a rare pawn license when population reached a milestone. Harrisons got its pawn license in 1989. That year, Harrison and his father launched Gold & Silver Pawn Shop near the Strip. They co-owned the shop until his father’s 2018 death.

Harrison and his father loaned $3 million annually by 2005. Harrison loan interest totaled $700,000. By 2006, the pawnshop had unique sports gear. Gamblers who needed gas to get home stayed there.

Harrison pitched a TV show for four years after his pawnshop was featured in a 2001 PBS documentary and Insomniac with Dave Attell on Comedy Central in 2003. History Channel’s highest-rated show, Pawn Stars, was pitched by HBO and YouTube. Pawn Stars aired 633 episodes over 21 seasons from July 2009 to June 2023. History’s most-watched show is Pawn Stars. History rarely renews 80-episode reality shows, but this one is so successful.

Corey Harrison, Rick’s son, works at the store and appears on the show alongside his childhood best buddy Austin “Chumlee” Russell. The show calls Rick “The Spotter” for his bargain-hunting.

Rick Harrison Achievement and Awards list:

Rick Harrison, an American businessman, is best known for “Pawn Stars.” Among his accomplishments and awards:

YearAwardRecipientOrganization/Event
2011Business Excellence AwardHarrisonLas Vegas Chamber of Commerce
2012Key to the CityHarrisonCity of Las Vegas
2013Pawnbroker of the YearHarrisonNational Pawnbrokers Association
2014Reality Television AwardHarrison and familyBest Overall Show – “Pawn Stars”
2015Best Male Reality StarHarrisonReel Awards (Celebrity Impersonators and Tribute Artists)
2019Silver State AwardsHarrisonBest Local TV Personality
2020Lifetime Achievement AwardHarrisonWorld Pawn Industry Conference

Harrison’s commercial success and TV fame have earned him several accolades and recognitions.

Rick Harrison Net Worth: Pawn Shop Growth

Harrison had to compete with national pawn chains despite having a license. Harrison succeeded early by setting up the business differently and targeting a particular market.

As a tiny business owner with considerable competition, we had to stand out. We realized we could sell unique and uncommon objects in addition to pawning. Harrison explained that when huge corporate pawn shops don’t recognize an item, they direct the consumer to us.

Harrison used his ability to recognize fakes to build the pawn shop. According to his pawn shop website, he used his extensive reading expertise to identify the value in various items, including antiques, historical objects, and art. The store became known for its unusual Las Vegas Boulevard location with Rembrandts, a 400-year-old Samurai Sword, and a diamond-encrusted Super Bowl victory Ring.

Rick Harrison’s Investments

Although Rick Harrison’s investments are unknown, he sold his two-story, five-bedroom Red Rock Country Club property in Las Vegas for $3.15 million in March 2021 after listing it for about $4 million in 2019.

Harrison has also made a lot from endorsements and promotions.

He added, “I like to call in the experts, so I called American Hartford Gold,” during a 2022 endorsement of the gold IRA investing company. They can assist you diversify your portfolio with genuine gold and silver to protect your assets from inflation.”

Harrison’s portfolio shows his passion of precious metals. Harrison said regarding his investing approach a decade ago, “I do a little bit of everything” and “I have an advisor who does some investing for me, but I also do some of my own.”

He said his portfolio was 80% blue chip businesses and 10% gold and silver, which he considered insurance. Harrison retained 10% for “little crazy fun with” and stated, “You may not always win with that 10% but eventually you will get that rocket.”

He hasn’t disclosed the value of his interests, but we know the basic split.

He added, “Ten years ago I tried to slow down and sell many of my businesses, but within a couple years I had a bunch more.”  Work is in my blood, but we’ll see.  It’s TV, so the show will finish, and I’ll have to think about it.  If I’m having fun, I’ll probably keep doing it.”

Rick Harrison’s Controversies

Rick Harrison has had controversies like many celebrities, especially reality TV stars. Harrison’s mother sued him for family assets and the Gold & Silver Pawn Shop.

Joanne Harrison claims in the lawsuit that she was compelled to sign away her 51% ownership in the Gold & Silver Pawn Shop in 2000 or 2001 while unwell and comatose. She further claimed that when her husband and Rick Harrison’s father Richard Harrison (“The Old Man” on The Pawn Stars) died in 2018, she received his 49% portion of the pawn store but Rick gave her no financial documents.

She also claimed she was barred from the family trust, which “had accumulated approximately $500,000 worth of silver and at least $100,000 in cash.”

Harrison sent her money every month following 2018, but the COVID-19 pandemic ceased payments in March 2020. Harrison told the media, “I can say that the allegations are false and I think that my 81-year-old mother is being manipulated by others for their personal gain.”

Although legal, his pawn store was criticized for melting stolen gold coins.

Personal Life

Harrison’s girlfriend Kim got pregnant at 17. Despite miscarriage, they married. Corey, their first child, was born April 27, 1983. Adam, their second child, arrived two years later. Harrison and Kim split soon after Adam’s birth.

Harrison met Tracy, his second wife, on a blind double date nine months later. After dated six months, they moved in together, married eight months later, and raised Corey and Adam. They divorced.

Harrison proposed to twice-divorced Deanna Burditt in 2012. In Laguna Beach, California, they married on July 21, 2013. Divorced in September 2020. Harrison married Amanda Palmer 2021.

Rick Harrison has explored running for governor of Nevada in 2022 and U.S. Senate in 2024.

Frequently Asked Questions:

1. How much is Rick Harrison worth?

Harrison’s estimated net worth is $9 million. Reality show “Pawn Stars.” made him famous.

2. Rick Harrison birthdate?

On March 22, 1965, Rick Harrison was born.

3. What is Rick Harrison’s pawn store history?

Once Rick’s father built the first secondhand business in 1981, they opened the Gold & Silver Pawn Shop in 1989 with a unique Las Vegas pawn license.

4. Rick Harrison entered showbiz how?

Before “Pawn Stars” became the History Channel’s highest-rated show in 2009, Rick pitched a TV show about his pawnshop for four years.

5. Rick Harrison’s major accomplishments and awards?

Rick Harrison received the Business Excellence Award (2011), Key to the City (2012), Pawnbroker of the Year (2013), Reality Television Award (2014), Best Male Reality Star (2015), Silver State Awards (2019), and Lifetime Achievement Award (2020).

7. Any Rick Harrison scandals?

Rick Harrison’s mother, Joanne Harrison, sued him over family assets including the Gold & Silver Pawn Shop. She claimed financial withholding and forced ownership transfers.

8. How often has Rick Harrison married?

Three marriages for Rick Harrison. Amanda Palmer is his wife now.

9. Is Rick Harrison considering politics?

Rick Harrison considered running for governor of Nevada in 2022 and U.S. Senate in 2024

Conclusion:

Rick Harrison, known for “Pawn Stars,” has succeeded in the pawn business and in entertainment. Harrison’s story is one of tenacity and entrepreneurship, from epilepsy to pawn shop success. Rick Harrison net worth is $9 million His television contributions and honors show his business and entertainment influence. Rick Harrison’s diverse career continues to garner popular appreciation as he navigates controversies and new initiatives.

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