A hefty $1.5 million is reported to be Les Gold’s net worth, with the main source of his income being a continuing three-generation family business, opened in 1978 and named American Jewelry and Loan but originally named Sam’s Loan when his father launched the first location in 1940.
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2. Income & Salary
The business now occupies a 50,000 square foot building in Detroit, has a second location in Pontiac, employs more than 45 people, and serves approximately 1,000 customers a day.
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3. Estimated Net Worth
Leslie Gold was born in 1950 in Detroit, Michigan. His first business at age 12 was reselling pizzas by the slice to fellow students at his school. He is married to Lili. His son, Seth Gold, is currently the manager and in charge of marketing. His daughter, Ashley Gold Broad, is an assistant manager and at age seven wrote her first slip for a pawn transaction in the store! She earned a degree in diamonds at the Gemological Institutehotel and a degree in restaurant management at Michigan State University. She enjoys being in this male-dominated business and says she sees the value in female products that are brought in that her father and brother don’t understand.In addition to being a pawnbroker, public speaker, and author of “For What It’s Worth: Business Wisdom from a Pawnbroker” published in June 2013 and ranked on the New York Times Best Seller List and with Les and his book appearing on “Good Morning America”, Les Gold and his family appear in “Hardcore Pawn”, a TruTV reality series. This show features the daily operations and the realistic and dramatic conflicts between the staff and customers. Les and Seth are Executive Producers. The pilot aired in late 2009. The series premiere on August 16, 2010, had two million viewers, which had increased to more than three million by June, 2013.
How much is Les Gold’s Net Worth? $1.5 Million!
https://www.youtube.com/watch?v=e4Hby9sMywMVideo Transcript:Les Gold is the central figure in the reality television show Hardcore Pawn and stumbled upon his fame in an unusual manner. Gold is the grandson of the the owner of Sam’s Loans pawnshop that has been located in Detroit, Michigan for many years. His father also operated the same pawn shop for many years before going into the jewelry business. Gold came to the attention of a reality television show producer by seeing his pawn shop commercials on a local Detroit station and the idea for Hardcore Pawn was developed. Gold has since become famous on the truTV network for his reality show.Gold is a typical family business man who has found a niche for himself in the reality television industry by filming daily operations at his pawn shop in Detroit. Detroit is one of the most depressed economic regions of the United States, and there is a wide range of items that may be brought to a pawn shop for evaluation. All of his children work in some capacity at the shop, but Gold’s son Seth is also a partner in the reality show production that has skyrocketed in popularity during the past two seasons.Les Gold’s estimated net worth is estimated currently at $1.5 million, but his television series is airing regularly and only looks to increase in ratings as the show progresses.Video Credit: AlphaLife.me on YouTubehttps://www.youtube.com/watch?v=e4Hby9sMywM