What Is Rick Dale’s Net Worth?
Rick Dale, an American reality television personality and antique restoration expert, has accumulated a net worth of $2 million. This valuation is primarily attributed to his ownership of Rick’s Restorations in Las Vegas and his starring role in the History Channel’s “American Restoration” from 2010 to 2014. While the precise breakdown of his net worth isn’t publicly available, it’s reasonable to assume that a significant portion derives from the revenue generated by Rick’s Restorations, his television appearances, and potential endorsements or merchandise sales.
Early Life and Career Beginnings
Born Richard James Dale on December 13, 1970, Rick’s early life was immersed in the world of mechanics and restoration. While sources vary on his birthplace—some cite Newport Beach, California, while others say Las Vegas, Nevada—his upbringing was profoundly influenced by his father, a mechanic and professional racer. His father began teaching Rick and his brother, Ron, the basics of restoration from a young age, starting with a humble old bicycle. This early exposure laid the foundation for his future career.
At the age of 13, Dale’s involvement in a Soap Box Derby racing program further honed his skills in building and repairing vehicles. His success in winning Soap Box Derby championships demonstrated his growing expertise and passion for mechanical work. He then transitioned to motorcycles, disassembling and rebuilding them to deepen his understanding of engines and restoration techniques. While specific details about his formal education remain scarce, his practical experience and hands-on learning proved invaluable.
Before establishing Rick’s Restorations, Dale ventured into the construction industry, owning a construction company. While specific financial details from this venture remain private, it provided him with entrepreneurial experience that would later benefit him. A pivotal moment occurred when he purchased a Coke machine at the Rose Bowl Flea Market. After restoring it, he sold it for three times its original price. This success spurred him to regularly restore Coke machines. During his travels across the U.S. to deliver these machines, he acquired additional items for restoration, gradually building a loyal customer base. The exposure from his Coke machine restorations directly led to his involvement with “Pawn Stars,” after the producers approached him about appraising a gas tank.
Television Career and “American Restoration”
Dale’s initial appearances on “Pawn Stars” as an expert appraiser paved the way for his own television show. He convinced the producers to feature him as an expert who could assess the value of items brought into the Gold & Silver Pawn Shop. His work restoring items for shop owner Rick Harrison was featured on the show, ultimately leading to the creation of “American Restoration.”
“American Restoration” premiered on October 25, 2010, showcasing Rick Dale and his team as they transformed rusty and dilapidated items into their original glory. Over six seasons, Rick appeared in 113 episodes, becoming a recognizable figure in the world of reality television. While specific salary figures for his time on “American Restoration” aren’t publicly disclosed, it’s reasonable to assume that his earnings increased with the show’s popularity and longevity. Season seven saw a shift in focus, with the network opting for a new cast and concept. The show featured appearances from casts of “American Pickers” and “Pawn Stars,” and celebrities like David Copperfield, Lance Burton, Billy Joel, and Sammy Hagar.
Rick’s Restorations Operations
Rick’s Restorations is more than just a business; it’s a family affair. According to the official website, Kelly Mayer, Rick’s wife since 1994, manages the business operations and development. Their son Tyler oversees the shop’s day-to-day activities, while their other son, Brettly, works as a salesman and picker. Their daughter, Ally, serves as the office manager and handles accounts receivable, and their niece, Michelle, is the assistant manager and oversees merchandise. Rick’s brother, Ron, also contributes to the business as a picker. The website does not disclose how much each family member is paid.
Real Estate Investments
In January 2012, Rick Dale purchased a 4,000-square-foot home in Las Vegas, Nevada, for $244,000. As of today, the estimated value of this property is around $700,000. While this represents a significant increase in value, specific details about mortgage payments or other real estate holdings remain private.