Estimating the net worth of someone like Mike Hall from Rust Valley Restorers is far from easy as he keeps his personal life well under wraps. It explains how there are things about the Netflix show even fans don't know. Mike isn't one of those celebs that puts their entire life out on social media. He doesn’t do social media at all, and he barely talks about his family on the show. However, it's fair to say that the Canadian Netflix star is fairly wealthy, with various sources reporting an estimated net worth of $5 million.
Updated December 2021: Earlier this year, Mike Hall auctioned off his classic car collection of over 500 cars. In light of this recent development, we've updated parts of this article to reflect the latest news surrounding Mike Hall and Rust Valley Restorers on Netflix.
Mike Hall has gone from being a little-known hippie who was living in a small town in Canada to becoming a rather well-known hippie living in a Canadian small town, thanks to Rust Valley Restorers. Prior to appearing on the show, which basically follows the classic formula of taking old junk cars and restoring them into something amazing, Mike Hall had quite an interesting life.
With his blonde dreadlocks and lanky build, this reality star sure doesn't look like many other famous car people, but he possesses just as much car knowledge as many of the other experts in the field. And to top it all off, he built a nice quiet life for himself on a farm in Canada.
Mike Hall started collecting cars at a young age, and now, over 60 years old, he's amassed a rather enormous car collection that accounts for much of his wealth. What many fans don't know, however, is that he earned most of his money outside the auto industry.
Mike Hall's Early Life And Family
Mike Hall was born and raised in Saint Boniface, Manitoba, Canada, and he moved to Kamloops as a kid when his dad got a job with Canadian Pacific Railway. Throughout his life, starting when he was a teenager, Mike collected classic cars. It eventually grew into a giant collection of more than 500 vehicles.
Living with his wife and dog on a 26-acre farm, he keeps his 500 cars on a five-acre land near Shuswap Lake. His wife doesn’t share the same obsession with cars that he does and forbids him to bring his old dingy cars onto their family farm. That's why he opted to get a five-acre piece of land just for them. His five acres in Tappen (where the Netflix show takes place) went up for sale in 2017 for $1.45 million.
Mike’s son, Connor Hall, also works with him on the show.
Business Ventures Outside 'Rust Valley Restorers'
Before Mike got into restoring cars for the show, he owned a slope stabilization business called Chimera Springs Rock Works. For those who don't know what a slope stabilization business does, Mike explained that it meant he was “hanging from cliffs and blowing sh*t up.” Clearly, we're dealing with a no-nonsense guy here.
Basically, Mike's fortune largely came from the construction business. He's reinvested a substantial amount of that into buying old, rusty cars that he then fixes up and sells for a profit. This is where he's earned most of the rest of his money, by selling the cars that he fixes.
Rust Valley Restorers wasn’t Mike’s first foray into show business. Prior to having his own show, he appeared on a reality TV show called Highway Thru Hell, which featured rescues of road accidents. Here we got to see him hang off cliffs and blow stuff up.
Success With Netflix And The Future
Mike eventually managed to maneuver himself into a position where he got his own TV show. The show has been a huge success, with a nice IMDb rating (7.8/10 at the time of writing). Up to this point, Netflix has released three seasons since it all began in 2019.
Being over 60 years old now, Mike knows he won't possibly be able to restore all the cars he owns in his lifetime, which is why he’s glad his son is part of his show. He’s even admitted to Driving.ca, “Filming a reality show doesn’t make the shop any more productive or efficient.”
So far he’s managed to make $5 million, mostly from construction while the rest of the equity is in the cars and property he owns. And luckily for him, he’s got business partners (as seen on the show) who are looking out for him, because his obsession and love for old junk cars can sometimes cloud his judgment. This lack of business acumen causes a constant pressure on the show and causes some drama, but at the end of the day, Mike Hall is out there living his dream.