Les Gold is an American pawnbroker, reality television personality, and businessman who is best known for his appearances on the reality television show “Hardcore Pawn”. With his affable personality and shrewd business acumen, Gold has become one of the most recognizable faces in the pawnbroking industry. Read this article to find out more about his net worth.
Les Gold was born on June 20, 1950, in Detroit, Michigan, United States of America. He grew up in the city and attended Detroit Public Schools before going on to earn a degree in political science from the University of Michigan. Gold’s father, Sam, was a pawnbroker who started his business in the basement of his Detroit home in the 1940s. Gold grew up around his father’s business and learned the pawnbroking trade at a young age.
After earning his degree, Gold returned to Detroit to work for his father’s pawn shop. In 1978, he opened his own pawn shop, American Jewelry and Loan, in Detroit. The business quickly became a success, and Gold expanded the shop to include a wide range of merchandise, including jewelry, electronics, and musical instruments. Today, American Jewelry and Loan is one of the largest pawn shops in the United States, with two locations in Detroit and one in Pontiac, Michigan.
In 2010, he and his family were approached by the producers of a new reality television show about pawnbrokers. The show, “Hardcore Pawn,” debuted on TruTV later that year and quickly became a hit. The show follows Gold, his son Seth, and daughter Ashley as they deal with a wide range of customers and situations at American Jewelry and Loan. Gold’s down-to-earth personality and quick wit have made him a fan favorite on the show, which ran for eight seasons before ending in 2015.
In addition to his work in the pawnbroking industry and on reality television, Gold is also an author. In 2013, he published his autobiography, “For What It’s Worth: Business Wisdom from a Pawnbroker.” The book is a memoir of his life in the pawnbroking business and includes insights and advice for entrepreneurs and small business owners.
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Les Gold Net Worth
The famous American pawnbroker, Les Gold had an estimated net worth of about $5million approximately. He reportedly makes a lot of money from his career as a professional pawnbroker and the charismatic patriarch of American Jewelry and Loan.