Chumlee Net Worth: How Much Money Does the Pawn Stars Star Make?
Do you have any idea how much Chumlee earns from his Pawn Stars appearances? He works at a pawn store, but he’s actually worth a million dollars, which may come as a shock to you. Austin “Chumlee” Russell, better known as the character on TV, is a fan favourite for his role in the blockbuster reality show Gold & Silver Pawn Shop: Las Vegas. He has a wacky attitude, is a collector at heart, and makes frequent gaffes. However, he is also a skilled merchant and an astute investor. This article will discuss Chumlee’s financial situation, including his sources of income. We shall analyse his income, products, enterprise, and holdings. More information about his upbringing, hobbies, and legal difficulties will be revealed as well.
Chumlee Salary
Chumlee, a childhood friend of Corey Harrison, the son of the pawn shop’s owner Rick Harrison and the grandson of its founder Richard Harrison, began working at the Gold & Silver Pawn Shop when he was 21 years old. Chumlee had been coming to Rick’s pawn shop since he was a kid, and Rick eventually employed him to help out with various tasks around the shop. A beloved member of the team and family member quickly followed.
The reality show Pawn Stars follows the employees of a pawn store through their typical day, and Chumlee quickly became a fan favourite and a breakout star. Since its 2009 debut on the History Channel, the series has consistently ranked among the network’s highest-rated and most-watched programmes. Chumlee is the show’s comedic relief because of his constant blunders, jokes, and teasing from his coworkers. There are times, though, when his expertise shines through, such as when he is appraising video games, footwear, or pinball machines.
The salary Chumlee receives from Pawn Stars is substantial. He reportedly earns $25,000 every episode, which is higher than the average for his co-stars. Over the course of the show’s 18 seasons, he has made an appearance in over 500 episodes. That amounts to more than $12 million, all from the show.
Merchandise
Chumlee launched a company selling merchandise with his likeness on it, such as T-shirts, bobbleheads, and stickers, to capitalise on his notoriety. He opened a website and started selling items there and at a neighbourhood pawn shop in 2010. His likeness and catchphrases like “I’m not fat, I’m fluffy” and “I’m smarter than I look” have been very successful in the marketplace.
As a means of streamlining the business’s order-processing, Chumlee sold half of his stock to Rick Harrison in 2010 for $155,000. Rick was instrumental in the development and promotion of his company’s wares. As a result of his immense popularity, Chumlee has become the show’s highest-selling character by far. He claims that the sales of his wares bring in more money than his income.
Here are some of his products and their respective prices:
- Bobblehead of Chumlee, $19.95
- Cost of a Chumlee T-Shirt: $24.95
- $4.95 for a Chumlee Sticker
- The Chumlee Mug is available for $14.95.
- Price of a Chumlee Hoodie: $44.95
Business
In 2017, Chumlee established Chumlee’s confectionery on the Boulevard, a confectionery store directly across the street from his pawn shop. He and his sibling, Sage Russell, manage a candy store where customers may buy a variety of treats, beverages, and Chumlee memorabilia. The candy store sells sweets like chocolates, lollipops, gummy bears, and jelly beans. There’s also ice cream, soda, cotton candy, and popcorn for sale.
Fans of the show and those just curious about Chumlee frequent the confectionery store. People come from all over to see Chumlee and take pictures with him at the candy store. When not at the pawn business, he frequently visits the candy store. On occasion, he throws parties and other gatherings at the candy store.
Every year, the candy store makes a respectable sum of money. It’s expected annual revenues are around $300,000. That’s really good for a startup.
Investments
Chumlee has diversified his portfolio by purchasing real estate, automobiles, and rare antiques. He owns several buildings in Sin City and elsewhere. He spent $1.1 million on a home there in 2017 and is now the proud owner. In 2019, he spent $1.3 million on an Oregon ranch he now owns. He also owns a strip mall and a car wash that he bought as investments.
Chumlee is an avid vehicle buff who enjoys accumulating classic and luxury models. He splurged $300,000 on a Rolls-Royce Phantom in 2014, and he drives it around town with great satisfaction. He also has a Maserati GranTurismo that he bought for $100,000 in 2016. Additionally, he is an accomplished Range Rover, Buick Regal, and Lincoln Continental driver.
Chumlee’s favourite pastime is amassing sneaker, video game and pinball machine collections. Over two hundred pairs of trainers, mostly Nike Air Jordans, fill his custom closet. His annual budget for trainers is reported to be around $30,000. His over-a-hundred-strong library primarily consists of retro arcade games. He spends about $10,000 a year on video games, by his estimation. He has a collection of rare and pricey pinball machines.
Conclusion
As of the year 2021, Chumlee has amassed a net worth of approximately $5 million thanks to his salary, products, business, and investments. He’s one of Pawn Stars’ biggest names, and he’s using his newfound wealth to indulge his interests outside of the show. In addition to his wealth, he is a great benefactor.
This blog article has detailed the sources of Chumlee’s wealth. We have researched his income, products, companies, and financial holdings. His history, hobbies, and legal issues are now more understood.
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