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What Is The Net Worth of American Business Owner Rick Harrison?

Rick Harrison Net Worth

Rick Harrison Net Worth

Rick Harrison is a company entrepreneur and reality television personality from the United States who has a net worth of $9 million. Mr. Rick Harrison is a member of the Harrison family, who runs a pawn shop in Las Vegas, Nevada, that specialises in gold and silver. ‘Pawn Stars,’ a reality television show that covers the shenanigans and misadventures that take place at the Harrison family’s Gold and Silver Pawn Shop, has made the Harrison family well-known.

Rick Harrison Early Life

Richard Kevin Harrison was born on March 22, 1965, in Lexington, North Carolina, to Richard Benjamin Harrison Jr. and Joanne Harrison. He is the son of Richard Benjamin Harrison Jr. and Joanne Harrison. Richard is the third kid in the family. He had an elder sister, Sherry, who died when she was six years old, and he has two brothers, Joseph, who is older than him, and Chris, who is younger than him. His father served in the United States Navy for many years. Harrison and his family moved to San Diego when Harrison’s father was transferred there when he was two years old. Harrison began having epileptic seizures when he was eight years old. As a result of being confined to his bed on a regular basis, Harrison developed a lifetime passion for reading. Originally from San Diego, Harrison attended Taft Middle School for two years before dropping out during his sophomore year to focus on his “$2,000-per-week business of selling counterfeit Gucci bags.” The Harrison family relocated to Las Vegas, Nevada, in April of 1981 from their previous home in California.

Rick Harrison Career

Harrison’s father launched his first secondhand business in Las Vegas in 1981 after relocating his family to the city. Gold & Silver Coin Shop began as a 300-square-foot hole in the wall on Las Vegas Boulevard. It has grown into a thriving business. During the day, Harrison worked in his father’s convenience store.

He repossessed automobiles in the middle of the night. During the summer of 1986, the business expanded to a larger location in downtown Las Vegas. Unfortunately, in 1988, the Harrisons were evicted from their apartment building. Their next transfer was to a new commercial facility on Las Vegas Boulevard, where they continued to operate the store. Harrison and his father have been discussing the possibility of transforming the coin business into a pawnshop for several years. It appeared to them to be a logical progression in the course of their business.

That wasn’t simple, however, because of a 1955 rule in Las Vegas that restricted the issuance of new pawn shop licences to be limited depending on the city’s population, which made it difficult. By 1988, the wider metropolitan region of Las Vegas had a population of approximately 640,000 people.

Harrison made weekly phone calls to the city’s statistician in order to be able to apply for one of the city’s rare and coveted pawn licences as soon as the population of Las Vegas reached the next threshold that made those licences available for purchase. The Harrisons received their pawn licence the following year, in 1989, and they have been in business ever since. This was also the year in which Harrison and his father founded the Gold & Silver Pawn Shop, which is located near the Las Vegas Strip.

By 2005, Harrison and his father were loaning out around $3 million per year on average. The Harrisons received around $700,000 in interest income as a result of this arrangement. By 2006, the pawnshop had established a reputation for selling one-of-a-kind sports memorabilia. It was also a shelter for gamblers who found themselves in the position of needing to pawn anything in order to purchase petrol in order to return to where they came from.

After his pawnshop was featured in a PBS documentary in 2001 and on the famous Comedy Central show Insomniac with Dave Attell in 2003, Harrison spent the next four years pushing the concept of a television show about his business to network executives. The concept was floated about on HBO and YouTube before being picked up by the History Channel, who evolved it into the show Pawn Stars, which is now the most watched show on the History Channel.

Pawn Stars was aired in July 2009 and has already been running for 17 seasons and 577 episodes as of June 2020. Pawn Stars is the most watched show on The History Channel, and it is by far the most popular show on the network. The show is so successful that History renews the series in batches of 80 episodes, which is extremely uncommon for any television show, let alone a reality series, and is especially exceptional for History.

The shop is still owned and operated by Rick’s son, Corey Harrison, who is featured on the programme with his boyhood best buddy, Austin “Chumlee” Russell. Rick is referred to as “The Spotter” on the programme because of his great eye for inexpensive objects that he discovers.

Rick Harrison Personal Life

When Harrison was seventeen years old, his girlfriend Kim became pregnant. Despite the fact that they had a miscarriage, the couple chose to marry. On April 27, 1983, their first child, Corey, was born into the world. Adam, their second child, was born two years after the first. Almost immediately after Adam’s birth, Harrison and Kim divorced.

A blind double date led Harrison to Tracy, the woman who would go on to become his second wife, nine months after he first met her. After six months of dating, they decided to move in together. Eight months later, they were married and took on the task of raising Corey and his brother, Adam, jointly. They later separated and divorced.

Harrison, who had already been divorced twice, announced his engagement to Deanna Burditt, who had also been divorced twice. Laguna Beach, California, was the setting for the couple’s July 21, 2013 wedding.

Rick Harrison Property

In 2019, Harrison advertised his Red Rock Country Club home in Summerlin, Las Vegas, for $3.99 million, according to the Las Vegas Review Journal. The mansion, which measures 8,845 square feet, was constructed in 2001. He purchased the property in 2016 and invested around $600,000 in upgrades. Flooring in the formal sitting room is constructed of granite that has been acid-washed, sliced into planks, and placed like a hardwood floor.

The granite flooring was installed at a cost of $45,000. The property contains two bedrooms on the lower level and two bedrooms on the top level, with one bathroom in each. There is also a gym in the house, which may also be utilised as a bedroom. There are seven bathrooms in the house, as well as a 12-seat home theatre with a 150-inch screen and a curtain. More than 1,000 bottles of wine may be stored in a wine cellar. The house is equipped with an elevator and a central sound system, which allows anybody with a phone to play music in any area in the house.

It features views of the Strip and the Arroyo Golf Club in the front, and vistas of Red Rock Canyon’s Spring Mountains in the backyard. The house is located in Red Rock Canyon. The gaming area on the second floor offers access to a balcony at the rear of the house. An elevated Jacuzzi and a lagoon-style pool are located in the backyard, which also includes a gate that connects to the golf course. A 10-foot waterfall, as well as a lazy river that runs into the pool, are available for guests to enjoy. There is also an outdoor kitchen in the rear. The Harrisons picked the neighbourhood because their children attended high school in the vicinity, but now that the children are grown, they no longer require the additional square footage.

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