Ken Goldin is a well-known name in the sports stuff market and is generally recognized as one of the industry’s greatest experts. After over thirty years in the business, he has gathered a wealth of knowledge and experience, having worked with some of the most important and valuable sporting goods ever.
Here, many are interested in knowing how much money Ken Goldin is believed to have earned through his multiple businesses. This article will look into how wealthy Ken Goldin is, where his money comes from, and why he is one of the most successful entrepreneurs in the sports collectible industry.
Brief Information About Ken Goldin
|Full Name||Ken Goldin|
|Net Worth||Almost $50 million|
|Primary Income||Commission from the sale of high-end sports collectibles through Goldin Auctions|
|Annual Revenue||Around $300 million|
|Commission Rate||10% for items between $10,000 and $249,999; negotiable for items above $250,000|
|Other Earnings||Expert consultation, media appearances, investments|
|Rise to Fame||Early interest in sports memorabilia, founding Score Board, Inc., acquisition of The Babe Ruth Collection, launch of Goldin Auctions|
|Achievements||Established Goldin Auctions, sold the highest-graded 1952 Topps Mickey Mantle baseball card at auction, sold Michael Jordan’s rookie contract, broke records for the sale of sports memorabilia|
Who is Ken Goldin?
Ken Goldin is a famous auctioneer who founded Goldin Auctions, the premier venue for selling sporting goods and collectibles. The highest-graded 1952 Topps Mickey Mantle baseball card was sold at auction under his watchful eye as founder and CEO of Goldin Auctions, where he also managed the sale of Michael Jordan’s rookie contract. He has become a respected authority in the field and ruled over some of the most successful and high-profile sales in history.
Goldin’s passion for baseball cards and other sporting items began at a young age. After working for a while in the legal field, Goldin decided to follow his heart and start Goldin Auctions in 2012 to sell sports items.
Ken Goldin’s Net Worth
According to our calculations, Ken Goldin has a net worth of almost $50 million. Ken Goldin’s wealth can be estimated by examining his business activities and profits. The company claims that its annual revenue is around $300 million. Items between $10,000 and $249,999 generally carry a 10% commission from the company, while everything above $250,000 is subject to negotiation.
That’s about $30,000,000 in annual revenue for Goldin Auctions. Ken has not one but two firms and given that the typical annual income of a business owner is around $100,000, that’s a lot of money. Given the businessman’s history of success, however, we estimate that his real salary is far higher.
Ken Goldin Sources of Earning
Ken Goldin’s incredible wealth is the result of his many successful career paths. Some major contributors to his bank account are as follows:
Goldin Auctions: Ken Goldin’s primary source of income is from the commission received on the sale of high-end sports collectibles as founder and CEO of Goldin Auctions. The rare trading cards, game-worn jerseys, championship rings, and historical papers that Goldin Auctions has handled make it one of the top auction houses in the sports memorabilia industry.
Expert consultation: Ken Goldin has served as a consultant to collectors, investors, and others in the sports memorabilia market. He is highly sought after as an advisor due to his extensive knowledge; his list of clients includes famous people like actors and athletes.
Media appearances: Ken Goldin has made appearances on a variety of radio, podcast, and television programs. His public appearances have allowed him to spread the word about himself and his growing standing in the sports goods field.
Investments: Ken Goldin is an aggressive investor who has put money into a wide range of businesses, not just those related to sports collectibles. He has put money into a variety of different enterprises, including real estate, stocks, and more.
The overall amount of Ken Goldin’s wealth is the product of his many successful business and financial activities, not the least of which is the sports memorabilia market.
Ken Goldin’s Rise to Fame
Ken Goldin’s rise to fame can be attributed to his business passion, creativity, and deep understanding of the sports memorabilia sector. Key points in his development include the following:
Early interest in sports memorabilia: As a child, Ken Goldin took an early interest in sports memorabilia and started collecting trading cards and autographs. As he gathered experience in the field, he began thinking about it as an option for a profession.
Founding Score Board, Inc.: Ken Goldin created Score Board, Inc. in 1989. This business produced sports trading cards, personalized memorabilia, and other collectibles. Under Ken Goldin’s direction, the company expanded quickly and became a market powerhouse.
Acquisition of The Babe Ruth Collection: In 1998, Ken Goldin made attention when he purchased The Babe Ruth Collection, a cache of rare and valuable memorabilia relating to the baseball legend. Goldin’s status as an industry expert became solid, and he became a media fixture, thanks to the purchase.
Launch of Goldin Auctions: In 2012, Ken Goldin established Goldin Auctions, a company specializing in the online auction sale of expensive sporting memorabilia. A number of high-profile objects, such as Michael Jordan’s professional contract and the highest-graded 1952 Topps Mickey Mantle baseball card, passed through the company’s hands, contributing to its quick rise to prominence.
Record-breaking auctions: Over the years, Goldin Auctions has broken a number of records for the sale of sports memorabilia, including the highest-priced basketball card ever sold (a 2003-04 LeBron James Upper Deck Exquisite Rookie Patch Autograph, which sold for $5.2 million in 2021) and the highest-priced baseball card ever sold (a 1909-1911 T206 Honus Wagner, which sold for $6.6 million in 2021).
Overall, Ken Goldin’s success is a reflection of his dedication, skill, and creativity. Through his entrepreneurial spirit and hard work, he has become an unmatched leader in the sports memorabilia sector.
Ken Goldin Achievements
Goldin’s achievements in the business world have not gone unnoticed, as seen by many articles on him that have appeared in media like ESPN, CNBC, and Forbes. The Greater Miami Chamber of Commerce will honor him as the Sports Executive of the Year in 2020, among many other honors.
Goldin has made a lot of money selling sports memorabilia and collectibles, but that hasn’t stopped him from following his true love. Given his long career in the field, it’s no surprise that Ken Goldin is considered a major player in the sports collectibles market.
From Baseball Cards to NFTs: The Story of Ken Goldin, the King of Collectibles
There’s a new investor in town, and everything he buys becomes a surefire success.
In a new Netflix series, Goldin Auctions owner Ken Goldin gives viewers an inside look at his multibillion-dollar sports memorabilia business.
“King of Collectibles: The Goldin Touch” will start streaming on April 28 with six episodes. It will show the sales of some rare items, like the original Apple I computer and Jackie Robinson’s Dodgers jersey. Some of the auction house’s buyers and sellers, such as Mike Tyson and Logan Paul, will also be featured on the show.
Watch Out Trailer:
Peyton Manning is also scheduled to be in the show, which is being co-produced by his company, Omaha Productions. Brent Montgomery, who created “Pawn Stars,” and Connor Schell, who created ESPN’s “30 for 30” series, are also executive producers for this show.
Source: Season Release