What Is Mike Wolfe’s Net Worth?
As of 2024, Mike Wolfe, renowned for his role as a reality television star and antique enthusiast, boasts a net worth of approximately $7 million. This valuation primarily stems from his involvement with “American Pickers,” where he not only stars but also serves as the creator and executive producer.
Sources of Mike Wolfe’s Wealth
Wolfe’s income streams are diversified, extending beyond his television endeavors. His primary source of income is “American Pickers,” which has aired over 300 episodes across 22 seasons as of 2025. While the precise details of his per-episode salary remain undisclosed, the show’s success on The History Channel suggests a substantial compensation package. He is also an executive producer.
His business ventures further bolster his financial standing. Wolfe owns Antique Archeology, a retail store with locations in Le Claire, Iowa (established in 2000), and Nashville, Tennessee (opened in 2011). In 2012, he started selling his own lighting collection, Rustorations, at the Nashville store. These stores serve as brick-and-mortar extensions of his passion for antiques and contribute to his overall earnings.
Additionally, Wolfe has a line of American-made apparel and accessories called Two Lanes. He owns Two Lanes Guesthouse, a rental property in Columbia, Tennessee, and it is located above a Trek Bicycle Shop that Wolfe also owns. These properties offer a unique experience to guests, combining accommodation with displays of items that Wolfe has picked from across America. He is also an author, publishing “American Pickers Guide to Picking” in 2011 and “Kid Pickers: How to Turn Junk into Treasure” in 2013.
Career Highlights and Ventures
Mike Wolfe’s career trajectory is marked by significant milestones that have contributed to his financial success. Before “American Pickers,” Wolfe was deeply involved in the antique business, owning The Village Bike Shop in his early years and later opening Antique Archeology in 2000.
The premiere of “American Pickers” on January 18, 2010, was a turning point, drawing in over three million viewers and becoming The History Channel’s highest-rated debut since “Ice Road Truckers” in 2007. This success translated into increased visibility and opportunities for Wolfe, including an endorsement deal with Indian Motorcycles in 2012 and a guest appearance on “NCIS” in 2018. He also created a sitcom that was purchased by CBS in 2012, although the show was never aired.
Real Estate Holdings
In 2012, Wolfe expanded his real estate portfolio by purchasing a 5,100-square-foot home in the Leiper’s Fork area of Franklin, Tennessee. The property spans 32 acres and includes a library, four porches, a phone booth, and a fenced-in dog run. The renovations he and his then-wife Jodi Faeth made, adding marble countertops and new light fixtures to the kitchen, reflect his investment in maintaining and improving his assets. The basement’s barn doors, perfect for storing his 40 motorcycles, highlight how his personal interests influence his real estate choices.
Early Life and Influences
Born on June 11, 1964, in Joliet, Illinois, Mike Wolfe’s early life was shaped by his upbringing in Bettendorf, Iowa, where he and his two siblings, Beth and Robbie, were raised by their single mother, Rita. His passion for picking began in childhood, collecting old bikes from a neighbor’s trash. He met future “American Pickers” co-host Frank Fritz at Sudlow Intermediate School. He graduated from Bettendorf High School in 1982. These formative experiences instilled in him a knack for finding value in discarded items, setting the stage for his future career.
Personal Life Details
Wolfe’s personal life includes several significant events. He welcomed his daughter, Charlie, with Jodi Faeth on January 30, 2012, and married Faeth on September 8, 2012, after 18 years of dating. His daughter’s cleft palate led him and Faeth to become ambassadors for Operation Smile. In December 2013, Faeth was diagnosed with stage 2 Non-Hodgkin’s Lymphoma, but in May 2020, Wolfe shared on Instagram that she was six years cancer-free. In November 2020, Wolfe filed for divorce from Jodi, and the divorce was finalized in December 2021. The details of the divorce settlement have not been publicly disclosed.