American Jewelry and Loan Net Worth – Les Gold
Whether you’ve been looking for an American Jewelry and Loan net worth guide, or a quick look at the net worth of Les Gold, you’ve come to the right place. Here you’ll find out about his autobiography, his son’s net worth, and how his business is doing.
American Jewelry and Loan is the main source of his net worth
Known as “The King of Pawn”, Lester Gold is the third generation pawnbroker and the patriarch of the family business, American Jewelry and Loan. The store has three locations and employs over 200 people. The store is the backdrop for the popular reality TV series Hardcore Pawn.
Les Gold has been in the business for over forty years. He opened the first American Jewelry and Loan location in 1978 in Detroit. He also opened a second location in Pontiac in 2011. The company employs more than 200 people and serves more than 1,000 customers a day. The store has more than 50,000 square feet of space.
Les Gold was a natural born entrepreneur. His grandfather owned Sam’s Loans, a pawn shop on Michigan Avenue in Detroit. In the late 1990s, the company moved to its present location. The building is now a pawn shop themed restaurant.
Besides the store, Lester has amassed a modest wealth throughout his career. He has an estimated net worth of $6 million US dollars. This is in addition to a small fortune from company and TV appearances.
Les Gold’s daughter Ashley is co-owner of the business
Among the many celebrities who have appeared on Hardcore Pawn is Les Gold’s daughter Ashley. She has been featured on the show, but she left the show after a few episodes. The reason for her departure is unknown. She was too busy with the business to devote her time to the show.
As part of the show, the cameras captured a number of the activities going on in Les Gold’s family pawn shop. There was an interesting relationship between Ashley and her younger brother, Seth. Although they are the same age, they have a rivalry going on.
Ashley is known for her mouth. In one episode, she stormed out of the store after Seth pushed too many buttons. When Les asked her to handle the situation, she pouted and gave him a cold look. However, he did not do anything about it.
Another interesting detail is that Ashley has two children. Les’s son, Seth, is also involved in the business. His duties include running the marketing department, while his sister, Ashley, handles the day-to-day operations of the shop.
Les Gold’s son Seth is co-owner of the business
Currently, Les Gold is working with his son Seth Gold. These two are co-owners of American Jewelry and Loan. The business is located in Detroit, Michigan. They are also involved in charity events and community service. In 2018, the company helped fund a microloan program to provide high school students with financial assistance. This program is called Winning Futures.
The company has several locations in Detroit and Hazel Park, Michigan. These locations offer loan and layaway services to customers. They also have a self-service kiosk that allows customers to pay for their loans and layaway payments.
The company also participates in auctions for charity events and provides internships to Jalen Rose Leadership Academy students. They also sponsor auctions for Winning Futures, a workforce preparation program.
American Jewelry & Loan has opened a second franchise in Hazel Park, Michigan. They also have a location in Pontiac, Michigan. The company employs hundreds of people. It serves over 1,000 customers each day.
Les Gold’s autobiography
Among the many celebrity personalities on the television, Les Gold has made a name for himself. He gained recognition for his role on the truTV series Hardcore Pawn. He is also an author and media personality. He wrote an autobiography, For What It’s Worth: Business Wisdom from a Pawnbroker. It has been a top seller on the New York Times Best Seller List.
Les Gold’s autobiography reveals his secrets on how he went from selling sliced pizza at Hebrew School to becoming a pawnbroker. He also details his rise to fame and wealth through the media. As a result of his success, Les Gold has an estimated net worth of $5 million. His income comes from his media personality and his pawn shop business. He has appeared in several Pawn Stars reality shows. His autobiography was released in 2013. The book has been a hit with readers. It debuted at number five on the New York Times Best Seller List.