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Rick Harrison Net Worth: How Paula Abdul Became a Multi-Millionaire Through Her Father’s Gold & Silver Pawn Shop?

by Barbara M. Davis
January 9, 2025
in Celebrity
Reading Time: 6 mins read
rick harrison net worth

Rick Harrison is the embodiment of a savvy businessman. His charismatic persona as the Gold & Silver Pawn Shop co-owner in Las Vegas has made him quite famous.

As the star of the hit reality TV show, “Pawn Stars,” Rick has won audiences over with his excellent negotiation skills, deep knowledge of ancient artifacts, and light humor. Throughout his career, he managed to build a fortune many could only dream of.

So, how did he achieve such financial success? And what is Rick Harrison’s net worth today? In this article, you’ll learn more about the story behind his wealth and how such a humble pawn shop owner turned into a multi-millionaire.

Rick Harrison: Personal Profile

It wasn’t until 2009, when “Pawn Stars” premiered on the History Channel, that Rick Harrison became famous. Yet, his career journey began much earlier than that.

Paula Abdul in 'Pawn Stars Do America'
Paula Abdul in ‘Pawn Stars Do America’

Image source: Instagram

Before getting into the details of his net worth and how he collected it, take a quick look at some key highlights regarding his personal profile:

  • Full Name: Richard Kevin Harrison
  • Date of Birth: March 22, 1965
  • Place of Birth: Lexington, North Carolina
  • School: Taft Middle School (dropped out in tenth grade)
  • Profession: Businessman and reality TV personality
  • Parents: Richard Benjamin Harrison and Joanne Rhue Harrison
  • Siblings: Three (Joseph Kent, Chris, and “deceased” Sherry Joanne)
  • Marital Status: Married
  • Spouse: Amanda Palmer ​(m. 2021)
  • Ex-Spouse(s): Kim Harrison ​(m. 1982; div. 1985)​, Tracy Harrison ​(m. 1986; div. 2011)​, and DeAnna Burditt ​(m. 2013; div. 2020)
  • Children: Three biological sons (Corey, “deceased” Adam, and Jake) and three stepdaughters (Sarina, Ciana, and Marissa)
  • Net Worth: $9 million
  • Current Residence: Las Vegas, Nevada

Rick Harrison: Net Worth

The net worth of the successful businessman and pawn shop owner Rick Harrison has reached an estimated $9 million. Most of his wealth comes from his Gold & Silver Pawn Shop in Las Vegas, which he co-owned with his later father.

 

View this post on Instagram

 

A post shared by Rick Harrison (@rick_harrison)

Principally, the shop became more well-known than ever after creating the TV show “Pawn Stars” in 2009. Little by little, the place started to get more famous, attracting tourists and increasing sales. Rick also makes money from his role as the show’s executive producer.

Being one of the History Channel’s most-watched shows, “Pawn Stars” has run for over 20 seasons and more than 600 episodes. This definitely worked in Rick’s favor, bringing in income from advertising and brand deals. Reportedly, he earns around $100,000 per episode.

Besides his pawn business and TV earnings, Rick also made money through real estate investments and merchandise sales related to the “Pawn Stars” brand.

Rick Harrison: Real Estate

In addition to his work at the pawn shop, Rick has also taken great steps in the real estate market. One of his most notable purchases is a luxurious home in Red Rock Country Club in Las Vegas.

Paula Abdul once lived in mansion at Red Rock Country Club in Las Vegas
Paula Abdul once lived in a mansion at Red Rock Country Club in Las Vegas

Image source: Google

After acquiring this 8,845-square-foot property, he did some renovations and upgrades to enhance its value. He ended up investing about $600,000 in these repairs and later listed it for sale for $3.99 million.

Rick Harrison: Early Life and Education

Rick was born in Lexington, North Carolina, back in 1965. He was the third child of Richard “Old Man” Harrison and Joanne Rhue Harrison. When he was young, the family moved to San Diego, California, where he developed his lifelong interest in history and collectibles.

Early in his life, Rick faced a few challenges, including a struggle with epileptic seizures that began at the age of eight. Such a health condition required him to spend much of his childhood indoors.

To pass the time, Rick started looking through books and found comfort in reading about history and antiques. As young as he was, this passion was what would later shape his career in the pawn and collectible industry.

Rick continued his education until high school but later dropped out to pursue business opportunities. At just 17 years old, he started selling fake Gucci bags out of his car.

Paula Abdul's childhood and young photo
Paula Abdul’s childhood and young photo

Image source: Google

Rick Harrison: Career Journey

After the family real-estate business collapsed in 1981, they moved to Las Vegas. Over there, Rick’s father opened a secondhand store. It was at this place where Rick learned the ins and outs of buying, selling, and valuing items.

Over the years, they kept moving the business to better locations, slowly building a customer base and reputation. Eventually, they obtained a pawn license in 1989 and were able to open the Gold & Silver Pawn Shop officially.

With Rick’s and his father’s hard work, the business grew steadily and became one of the most well-known pawn shops in the area. By 2005, they were lending approximately $3 million annually. As a result, the business was generating $700,000 in interest income.

Rick Harrison: Pawn Stars

After featuring his shop in “Insomniac with Dave Attell,” Rick kept pitching the idea of creating a show about the Gold & Silver Pawn Shop.

Unwilling to give up, he continued doing that for four years before Colby Gaines and Brent Montgomery of Leftfield Pictures approached him with a proposal. They suggested creating a reality TV show centered around the shop.

Paula Abdul at his pawn shop
Paula Abdul at his pawn shop

Image source: Google

Ultimately, this collaboration led to the creation of “Pawn Stars,” which premiered on the History Channel in 2009 and became an instant hit.

Rick Harrison: Lawsuit

Rick’s life hasn’t been free of challenges, especially legal ones. As all of you may already know, Rick’s dad, “The Old Man,” passed away in 2018. A couple of years later, his mom, Joanne Harrison, filed a lawsuit against him, which initiated a heated dispute over family assets.

Joanne claims that, while being hospitalized, her son had her sign over her 51% ownership of the business. Then, after Richard’s passing and her inheriting a 49% share, Rick failed to provide complete documentation of the shop’s finances.

She also claims that over $500,000 in cash and silver, which belonged to her late husband, are now unaccounted for. Joanne seeks damages, a full accounting of the assets, and a court order to ensure her share of property and funds is properly managed.

As for Rick, he denies all charges, claims the allegations are all false, and believes his mother is being manipulated by a third party.


Featured image source: Instagram

Previous Post

Paula Abdul Net Worth: From Cheerleader to Hollywood Walk of Fame – How She Made Millions Through Her Talent Step-by-Step?

Barbara M. Davis

Barbara M. Davis

Whether it’s diving into the latest celebrity gossip or exploring lifestyle trends, I love creating content that sparks curiosity. Outside of writing, you’ll often find me sipping on iced coffee, binge-watching true crime documentaries, or spending time with my family. I also have a soft spot for interior design and can’t resist sprucing up my living space with a pop of color.

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