How rich is Mike Wolfe from American Pickers?

January 11, 2013 1:31 pm 3 comments Views: 72735

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Name: Mike Wolfe (from American Pickers)
Born: 6 November 1964
Occupation: Professional treasure hunter, business owner, reality TV star

Mike Wolfe from American Pickers.  Photo: History (extract, fair use).

Mike Wolfe from American Pickers. Photo: History (extract, fair use).

Mike Wolfe was born in Joliet, Illinois and was the second of three children.  He was raised by his single mother in Bettendorf, Iowa and began ‘picking’ at a very young age.  He would raid the neighbor’s trash cans in search of treasures like old thrown out bicycles.  As he got older he was also interested in bicycle racing and spent some time as a competitive racer.  He owned two bike stores and his love of bikes is still evident when he comes across one on his show, American Pickers.

The show is based on Mike and his childhood friend Frank Fritz traveling around the US and looking in old barns, garages, and buildings in search of treasures.  He has a keen eye for things others think is just old junk.  He takes his finds, cleans or refurbishes them, and then sells them in one of his two stores, called Antique Archaeology.  One is located in Iowa and the other in Tennessee.

American Pickers is the brainchild of Mike and it debuted on the History Channel in 2010.  The show’s first episode attracted over 3 million viewers and is still one of the most highly rated shows on the History Channel.  Mike has also recently started a lighting business, turning old fixtures into new one of a kind pieces.  He has also started an online site that gives children the information on how to spot treasures of their own.  In 2011 he released his first book entitled American Pickers Guide to Picking, and a second book is in the works.  He recently sold another television idea to CBS, a comedy based on an antiques shop.  From his salary on the show, his businesses, and the money he makes by picking, we estimate Mike to have a net worth of $3,100,000 (GBP 2,000,000).

So how much is $3.1 million dollars really?

Since we know Mike is a huge fan of bicycles, we thought maybe he could use his money to buy some bikes.  With the money he has, he could purchase a retro looking Huffy Cranbrook Bike.  Actually, he could purchase 31,778 of them.  That’s a lot of riding.

But if you’re finding yourself jealous of his money, just remember that even he could only purchase six of the Damien Hirst “Butterfly” Trek Madones.  At $500,000 a piece, he’d even have to get a part time job to pay the taxes on them.


 

3 Comments

  • mike is a greedy scumbag with limited knowledge on antiques and collectibles. why anyone would want to watch him cherrypick all the best antiques from peoples barns and garages is beyond me. its because of greedy people like him that you will pay 50 bucks for a vase that’s WORTH EXACTLY 50 BUCKS AT THE NEXT YARD SALE YOU ATTEND.

  • don says Mike has, “limited knowledge on antiques and collectibles.” Then he accuses him of, “cherrypick(ing) all the best antiques from peoples barns and garages.”

    Well, which is it? If he has limited knowledge, how does he know which antiques are the most valuable amidst a huge barm full of dusty relics?

    Typical hater. “Oh, this guy has some success on TV, and even though I’ve never met him or had any business dealings with him, I’m going to go on the interwebs and anonymously bash him.”

    Classy, don, real classy.

    • avatar Heidi Wegner

      Johan I totally agree!! Don, who are you to say those things? Your words scream JEALOUSY to me. Get over it, there are millions of people out there better than you….are you going to say nasty things about them all too? For you to go to this site and write about someone you dont even like also says you have no life. Sounds to me like you need to find a hobby. Learning to be a decent human being might be a good place to start.

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