Richard “Old Man” Harrison Net Worth

Net Worth: $8 million
Salary: N/A
Birthdate: March 4, 1941
Birthplace: Danville, Virginia
Gender: Male
Height: N/A
Profession: Pawn Shop Owner, Reality TV Personality
Nationality: American

Richard “Old Man” Harrison Net Worth: A Closer Look at the Wealth of a Pawn Shop Owner and Reality TV Star

Richard “Old Man” Harrison, renowned as an American pawn shop owner and reality television personality, had a net worth of $8 million at the time of his death in 2018. Throughout his successful career, Harrison became widely recognized as one of the featured stars of the hit History channel reality series “Pawn Stars” (2009–2015). Let’s explore the highlights of his life, including his early beginnings, career, personal life, and how his net worth evolved over time.

Highlights

– Richard “Old Man” Harrison’s net worth was valued at $8 million.
– Famous for being one of the stars of the hit History channel reality series “Pawn Stars.”
– Co-founded the Gold & Silver Pawn Shop in Las Vegas, Nevada, with his son, Rick, in 1989.
– Did not miss a day of work at the shop from 1994 until his death.
– Appeared in more than 270 episodes of “Pawn Stars.”
– Series debuted in 2009 and quickly became the most-watched program on the History Channel.
– The success of “Pawn Stars” led to the creation of the spin-off series “American Restoration.”
– Received recognition and honors, including a key to the city of Las Vegas and his hometown.

Early Life

Richard Benjamin Harrison Jr., better known as “Old Man,” was born on March 4, 1941, in Danville, Virginia. He moved to Lexington, North Carolina, with his family at a young age. Despite dropping out of Lexington High School during his junior year, Harrison played a significant role in supporting his family at an early age. At 14, he even drove a school bus to help make ends meet.

At the age of 17, Harrison met his future wife. However, before their marriage, he faced legal troubles and was arrested for stealing a car. Given the option between prison and joining the military, Harrison chose the latter. He enlisted in the Navy and continued to re-enlist for health care benefits to cover his daughter’s medical expenses. Serving in the Navy for two decades, Harrison retired and later worked at his wife’s real estate firm until its closure in 1981.

Career

In 1981, the Harrison family relocated to Las Vegas, where Richard and his son, Rick, opened a small store called Gold & Silver Coin Shop. As their business grew, they moved to a larger location on Fremont Street in 1986. It was in 1987 that they expanded their operation to include buying and selling second-hand goods. Two years later, in 1989, Richard and Rick established the Gold & Silver Pawn Shop on Las Vegas Boulevard South.

The shop gained national fame after being featured on the Comedy Central show “Insomniac with Dave Attell” in 2003. This exposure caught the attention of Rick, who saw an opportunity for a full-time series. After pitching the idea to various production studios, “Pawn Stars” was eventually picked up by the History channel. The first episode aired in July 2009 and instantly became a hit, propelling the shop’s daily customer count from 70 to 700. By 2012, it attracted between 3,000 and 5,000 visitors daily.

Richard “Old Man” Harrison became a household name through “Pawn Stars,” appearing in more than 270 episodes. The show’s immense popularity led to the creation of the spin-off series “American Restoration.” Additionally, Harrison and his family received various honors and recognition for their contributions to the pawnbroking industry.

Personal Life

Richard “Old Man” Harrison married Joanne Rhue on July 7, 1959, and they remained together until his passing in 2018. The couple had three sons, Joseph, Christopher, and Rick. Tragically, their first child, Sherry, was born with Down syndrome and passed away at the age of 6.

Harrison had a passion for cars, and on his 50th wedding anniversary, his son and grandson restored a 1966 Imperial Crown as a gift. He also owned a 1957 Chevy 150, which was a memorable present from the casts of “Counting Cars,” “American Restoration,” and “American Pickers.”

Throughout his life, Harrison faced legal disputes. In 2012, he and Rick were sued for allegedly failing to provide adequate security at their shop, resulting in an individual suffering injuries. Additionally, they faced a lawsuit from their former manager, Wayne F. Jefferies, who claimed he was unjustly fired and unpaid for his role in the show’s launch.

Net Worth Over Time

At the time of his death, Richard “Old Man” Harrison’s net worth was estimated at $8 million. His wealth primarily stemmed from his ownership and operation of the Gold & Silver Pawn Shop in Las Vegas, as well as his appearance on the popular reality series “Pawn Stars.” Over the years, the show’s success led to increased visitation and revenue for the shop, ultimately contributing to Harrison’s net worth growth.

Components of Net Worth

Richard “Old Man” Harrison’s net worth of $8 million included various financial assets. As a co-owner of the Gold & Silver Pawn Shop, he earned profits from the business’s sales and transactions. Additionally, his appearances on “Pawn Stars” provided income from the show’s production. It is important to note that his net worth represents an estimation based on available public information and may not account for undisclosed financial assets or liabilities.

In conclusion, Richard “Old Man” Harrison’s notable net worth of $8 million reflects his thriving career as a pawn shop owner and reality TV star. Recognized for his role in the popular series “Pawn Stars” and the success of the Gold & Silver Pawn Shop, Harrison’s financial achievements and contributions to the industry remain a lasting legacy. Despite legal disputes and personal challenges, his dedication to his work and the support of his family propelled him to financial success.

Dive into the world of luxury with this video!