Ricky Smith Net Worth

Net Worth  Net Worth: $2 Million

Daniel Wanburg

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Ricky Smith was born in Lampasas, Texas USA, and is a reality television personality, best known for being part of the television show “Storage Wars: Texas”. Prior to the show, he was known to get a large portion of his wealth through storage auctions, his main business, but all of his efforts have helped put his net worth to where it is today.

How rich is Ricky Smith? As of early-2018, sources estimate a net worth that is at $2 million, mostly earned through success in storage auctions and reality television. He’s been active in the auction business for 40 years, and has gained experience from all around the world. As he continues his endeavors, it is expected that his wealth will also continue to increase.


Ricky Smith Net Worth $2 million


Since Ricky was a kid, he grew up familiar with auctions thanks to his parents – at the age of 14, he was already making bids on items. He’s since travelled the world and experienced a variety of auctions, but started gaining popularity and further increasing his net worth when he joined the reality television series “Storage Wars: Texas”, which was originally named “Storage Wars Dallas”; the show is a spin-off of the hit series “Storage Wars”. The show has featured several cast members, including auctioneers and auction hunters.

“Storage Wars: Texas” mechanics are the same as the original show. In Texas, if a storage locker is not paid for, eventually the contents are sold as a single lot at auction, which allows professional or private buyers to bid on the contents, and then to sell them – hopefully for a profit – or indeed keep them. The show features the buyers inspecting the goods, appraising their worth to determine if they can make a profit, and so decide to bid or not, and maybe bid for the contents. The first season aired in 2011, and attracted 4.1 million viewers to the first episode, making it the most watched launch in A&E’s history. According to Smith, they had to send in a video to be considered by A&E for their show, and in fact Smith was used to promote the show when he made an appearance in the special “Storage Wars: Unlocked”. It was then renewed for two more seasons, with the final airing in 2014. Many of the cast members would rotate through the next two seasons.

Ricky continued to build wealth thanks to storage auctions, and has built a loyal and widening following of customers thanks to his experience. He is also an antique glass expert, and holds sales once a month.

For his personal life, it is known that Ricky is married to Jeanie and she has been seen with him during storage auctions. Ricky shows a lot of disdain for people trying to enter the storage auction business because of the popularity of “Storage Wars”, mainly because they think that it is easy to enter the business and make money from it. He does a lot of work for the community, including being the local Fire Chief, having been a volunteer with their Fire Department for a decade. Aside from these, when he is not working he is ranching, fishing, and hunting.

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