Rick Harrison Net Worth 2021: How Rich Is The Pawn Stars’ Owner?

Richard Kevin Harisson aka Rick Harrison is an American businessman and a reality TV star recognized for his role on the show “Pawn Stars” which is about the Gold and Silver pawnshop in Las Vegas, Nevada which is telecasts on the History TV channel. He was born on 22nd March of 1965. The show generally focuses on unique historical items. They purchase, sell and analyze the items with impressive stories.

Pawn Stars Show

Rick Harrison with his son Corey Harrison and Austin Chumlee they all ensure the originality of the items. And try to negotiate to purchase the item at the best deal which is feasible. Whereas, Gold & Silver Pawn Shop workers every day with consistency call from the outside specialists who will provide exquisite insight on the historical items. And assess them if they are indeed genuine antiques or not. But the interesting part of the show is that they all make fun of each other which makes the show more eager to watch. And that’s why viewers do not feel bored watching intense business show. But instead of that, the environment of the show is relatively friendly.

Net worth of Rick Harrison

Rick Harrison has a net worth of $9 million, which includes both his real estate ownership, Gold and silver pawnshop, and his role in the television pawn shop. And the major portion of his net worth is coming from the revenue of loans dealt out to customers of the Gold & Silver Pawn Shop. Moreover, per season of the show Pawn stars he makes additional income about $300,000. Somewhere around 2005, he and his father were loaning out about $3,000,000 per year. And this loaning led to them earning both a massive $700,000 in interest yearly from the loans themselves. Furthermore, his Red Rock Country Clubhouse in Las Vegas which he is trying to sell it out and that gives him nearly another $3.99 million.

Reason Behind his Success

Harrison is well-known for his legendary negotiating master skills in purchasing historical items from shoppers. And after purchasing from them he used them for resale at his shop. He forbids overpaying for any item in his store. And no matter how historical and unique the item is. By purchasing the item he used several statements and using his negotiations skill to attract the shopper.

Eventually, the History Channel continue with the idea and creating a greatly famous show that has extended to 17 seasons and 577 episodes from 2009-2020. And the most important ingredient to his success is that his ability to gain the profitability of his business. Although his strong negotiating skills have also taken to him his success. Also, He noted in his 2003 appearance on Insomniac that a “Pawnbroker with a heart, is a pawnbroker out of business”.

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