How Chumlee Achieved a Net Worth of $5 Million

Chumlee

Reality personality Austin Chumlee Russell is the cast member of the reality television show “Pawn Stars.” He’s the guy that seems to get made fun of the most, but he’s able to give back as much as the rest of the cast dishes out. He doesn’t come across like a guy that is fabulously rich, but the truth of the matter is that he’s a very rich man. Chumlee as he’s known on the show has an estimated net worth of $5 million. How did he come to be so wealthy? Was it all from his work on the show? We looked into it and here is what we found.

Net Worth$5 Million
NameAustin Lee Russell
Age37
BornHenderson, Nevada
Birth DateSeptember 8, 1982
Source of WealthBusinessman, Television Personality
CountryUnited States

His early days

Chumlee was born in September of 1982. He was born Austin Russell and he was given the nickname Chumlee by his father. Austin reminded his dad of the walrus named Chumley on the Tennessee Tuxedo cartoon. It’s a nickname that hung around and soon became the name that he answered to. He was best friends with Corey Harrison, Rick Harrison’s son. Rick and his father Richard Sr. founded the Gold and Silver Pawn Shop in 1989 in Las Vegas. This is how he came to know the Harrisons who own the shop and are stars of the television series.

His first job

The Harrisons hired Chumlee to work for them at their pawn shop when he turned 21. Prior to becoming a reality television star, Chumlee was a pawn shop worker, doing pretty much what you see him doing today. The shop got its first exposure to television when it was chosen to be a feature on “Insomniac with Date Attell,” on Comedy Central. The episode aired and was well received. After that, Rick Harrison stepped up to the plate to negotiate with a variety of production companies to try to get the show on the air. There were a lot of turndowns, but finally, The History Channel picked them up.

Chumlee as a unique character

Chumlee may come across as a bumbler at times but he’s legitimately funny and fans love him. He’s a professional in his own right and he has a working knowledge of the value of collectible items. He has several collections of his own including vintage pinball machines, and shoes. He also has some great haggling skills. He’s an asset to the shop as well as for his own personal financial health. He is a lot sharper than he acts on the show. He’s been with the show since it first aired in 2009. His pay is $25,000 per episode and with his ability to wrangle the best deals on high end items, it’s fair to say that he’s made his fortune through the Pawn Shop, with some of the credit due to the fact that it’s a part of a major reality television show. He has several talents and he puts them all to very good use making money for appearing on the show and on side deals where he usually makes a decent profit.

Chumlee’s car collection

Chumlee is definitely a collector and he just happens to have impeccable taste and an eye for value in the vehicles that he adds to his personal collection. He once wheeled and cut an exceptional deal for a Maserati. The car was valued at $100,000 but he talked the dealer into giving it to him for a mere $85,000. This gave him an instant boost of $15,000, which he’s good at doing. Chumlee also has in his collection a 1964 Impala SS, a Cadillac Escalade, a Range Rover and a Rolls-Royce Phantom. The value of his car collection alone is over a million.

Appearances can be deceiving

Although the other guys poke fun at Chumlee and he seems to go along with it, he gets them back. He’s not only patient and willing to wait for the ideal opportunity to strike back, he also knows when to pass on a deal and when to go for the gusto and engage his haggling instinct. His ways do seem to be a bit unorthodox and although he might sound like he’s unsure of himself, you can bet that he knows exactly what he’s doing and this is why he’s worth $5 million today.


Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Bob Ross
20 Bob Ross Quotes That Apply to Business
Pat Brown
10 Things You Didn’t Know About Impossible Foods CEO Pat Brown
Shakespeare
20 Shakespeare Quotes that Apply to Business
Boot Barn
How Boot Barn Became One Of The Leading Clothing Retailers
State of Oregon
How to Apply for Unemployment in Oregon
Outback Steakhouse
Is Bloomin Brands a Solid Long Term Investment?
American Airlines
Is American Airlines Stock A Solid Long Term Investment?
stocks
Is Fabrinet a Solid Long Term Investment?
Lake Merritt
The 20 Best Things to Do in Oakland, CA for First Timers
The 20 Best Hotels in Tucson, AZ
Riviera Palm Springs
The 20 Best Hotels in Palm Springs
Unicoi State Park
The 20 Best Things to Do in Helen, GA, for First Timers
Volvo's Polestar
Volvo’s Polestar May Be the Four-Door Electric Car of the Future
2021 Genesis GV80
10 Things You Didn’t Know About the 2021 Genesis GV80
2021 Hyundai Elantra 2
10 Things You Didn’t Know About the 2021 Hyundai Elantra
2020 Audi Q5 Hybrid
The 10 Most Efficient Small Hybrid SUVs
Junghans Meister Pilot Chronscope Watch Black Dial Numerals 0273590.00
The 10 Best Junghans Watches Money Can Buy
10 Things You Didn’t Know about Moller Watches
The Iconic No. 1 by TID
The 20 Best Minimalist Watches for Men
Brew Watches
10 Things You Did Not Know About Brew Watches
Brooke Baldwin
How Brooke Baldwin Achieved a Net Worth of $1.5 Million
Sam Elliott
How Sam Elliott Achieved a Net Worth of $12 Million
Jake Tapper
How Jake Tapper Achieved a Net Worth of $10 Million
Jared Padalecki
How Jared Padalecki Achieved A Net Worth Of $12 Million