Today we discuss American jewelry and loan net worth. American Jewelry and Loan is a pawn shop located in Detroit, Michigan. It is owned by Les Gold, a third-generation pawnbroker who also stars in the reality television series “Hardcore Pawn,” which debuted on TruTV in 2010. The show follows the day-to-day operations of the store, as well as its customers. So what is American Jewelry and Loan’s net worth? Let’s take a look.
American jewelry and loan net worth:
American Jewelry and Loan was founded in 1978 by Les Gold’s father, Hyman Gold, who passed away in 2009. Since then, the business has been run by Les Gold and his two sons Seth and Ashley. According to Celebrity Net Worth, Les Gold has an estimated net worth of $5 million dollars. This is primarily thanks to his stake in American Jewelry and Loan, which is estimated to be worth around $3 million dollars.
Although the store can’t be seen from the street due to its location inside an industrial building, it still manages to make hundreds of thousands of dollars each year thanks to traffic generated by “Hardcore Pawn” viewers. In addition to its retail sales, it also offers collateral loans for customers who are looking for quick cash without having to sell their items outright.
American Jewelry and Loan has become one of Detroit’s most iconic businesses since it first opened its doors more than 40 years ago. It employs dozens of people from the local community and works with some of the city’s leading charities like Motor City Makeover and Gleaners Community Food Bank. As a result, it has become an integral part of Detroit’s economy—one that contributes significantly to its net worth each year.
American Jewelry and Loan has come a long way since it first opened its doors more than 40 years ago—from being just another local pawn shop to becoming one of Detroit’s most iconic businesses with a current estimated net worth of over $3 million dollars!
Thanks to its success on television, it continues to draw customers from all over Michigan looking for fast cash or unique items not found anywhere else—all while supporting many important charities within the city limits! Clearly, American Jewelry and Loan stands out among other pawn shops as a true Detroit success story!