Mike Wolfe Net Worth
Reality TV shows produce many millionaires. But Mike Wolfe had already profitable business before A&E Television Networks started cooperate with him on reality TV show American Pickers. This made him even richer as he allegedly has $500k for season. Mike Wolfe’s net worth is $5 million. His own business, Antique Archeology, generated large portion of this wealth.
As a successful entrepreneur and TV star, Mike has many possibilities how to further grow his income. American Pickers had instant success with first episode attracting over 3 million viewers. The principle of the shows is simple. Viewers follow him and his business partner Frank Fritz during their typical work days as they hunt for forgotten treasures in old barns, sheds, among obsessive collectors as well as simple hoarders. They try to buy a stuff they know or think has good resale value for a low price.
It might sound easy, but it really isn’t. To accumulate reasonable net worth this way, you have to be knowledgeable in all sorts of antiques and junk. It’s fascinating what can have high value if there’s enough rich collectors interested in the item. Although it sometimes looks as garbage, it could be rare antique item for some people. Mike is of course very good at negotiating the price.
