So I was ready to move to Georgia, and the lady here knew about this building thatd been vacated for seven years. SAR: Did you have access to a machine shop? And theres definitely some slack time now. Net worth: $6.9 billion, Source: . Stoner and I designed it. Knight:Im sure I saw some in the 60s, but they didnt really interest me then. c reed knight net worth. There had to be a point where you had an inspiration for a rail system. I was on the rifle team freshman year, and then I started shooting whats called PPC, and thats police combat shooting with revolvers. When did you realize you have an aptitude for business? Caribou Media West, LLC Then, two or three months later Stoner call me up and says, Youre not going to believe, this, but I just got a big check from Fairchild from our meeting that we had up there. Colt went ahead and paid him all the royalties they owed him. If I sometimes knew what the engineering math was on some of my designs before going all the way through with them, I probably wouldve quit earlier.. Did I save myself $2 million? I didnt have anything to register, so in 1968 I didnt make any. 2. It used a single stack P7 mag before Colt started giving input. Knight:I was still in the citrus hedging and topping business, and yes, selling guns to the SEALS was pretty exciting. America was attacked as Knights Armament Company continued to grow. Youll lose money on us, but thats the gamble. Suge Knight is a $200 thousand net worth American record executive, music producer, and entrepreneur. Around 1974-5, I was doing my police combat shooting, and I was involved with the Secret Service teams. his age, even sporting a full head of hair. One of the guys from Secret Service had gone to SEAL Team Two, and they showed him these Stoner belt-fed machine guns that were inoperable, and he said, Well, I know a guy down in Florida that works on those and has some parts and pieces, and you need to call him. SEAL Team Two called me and wanted me to go up to see what they had. Net Worth: $67 B . I call him up three weeks later and ask if theyve thought any more about selling me those guns. I said, Why in the world didnt you give me a place on this M16 that was square to the bore, so that I can mount something on that would always be parallel to the bore? He said, Well, what is it that you wanted me to mount? In the years following the show, Knight starred in his own reality show . Knight:There wasnt a law to prevent it, but ATF would not let the bankruptcy auction sell any silencer parts. Knight:The first year or so the show was in tents. That was how I got started in Class 3, and that was probably in 73. They sure didnt know they were going to be worth $10,000 or $20,000 apiece. Of course all the books having all the different rare quarters and filling them all through was exciting. What is Reed Knight Earning per day ? The Knight Interview continues in the next issue ofSmall Arms Review, where Reed discusses the MK23 suppressor program, SR-25, The SASS, and more. I was very competitive, and that went from archery to firearms to cars. RKj: Were passionate about what we build. Knight:When 68 came along with the Gun Control Act, I started very intently collecting Smith & Wessons. Remember were talking about machine guns that people had bought very cheaply. (Richard Marcinko, the Rogue Warrior of SEAL Team Six and Red Cell fame.). 3. I was about 16 years old when the Massey Ferguson deal happened. I wasnt racing, but I was always an avid shooter. I worked a lot through InterArms and some of the other companies that had product that I could buy and import. The military section of the SHOT Show became so popular that the hunting guys asked how come everybody is over on our side of the building? They wanted certain types of guns and certain types of ammunition, and I was kind of a go-to guy to get things for them. Six months of development, really a very strong program, and we submitted it. It was sitting in the cabinet of a local gun store. Our delivery time frame was six months, and we met the deadline. Required fields are marked *. But Ill hunt pigs when theyre loose on the property. I had my own range and my own targets as well as turning targets. The hard guns to get were the snub noses. When Marcinko stood up at Dev Group, he basically picked five guys, including himself made six. Were going to start a new edition of Stoner collector frenzy here. They tested it and said, It didnt do any better than the RIS. That was a shock. The guy opens up the closet, and theres all these guns laying there, about 80 of them. The interesting part is the ATF just came along and confiscated what they wanted for downtown, and I had gotten some of the really nice, consecutive serial numbered, high polished blue MAC 10s and MAC 11s. I never will forget sitting on the pit box and we had built this device that shook the rubber off the radiator because the radiator kept getting clogged up on the car, and Richard Petty walked by and saw it. RKj: Yes, everybody is much better educated so you lose your knowledge base advantage because everybodys now an expert. RKj: Well, my third-grade teacher wasnt going to a pass me to the fourth grade. At that time there was SEAL Team Two, SEAL Team Four. ATF confiscated some of my guns and simply did not approve the paper. RKj: Did somebody try to give it to you? But I do see the commercial market helping us keep the machines busy when theres slack time. We showed them how we tested it, and they adopted our test procedure and re-tested it, and they said, You know something? My journey returning to Zim after 20 years living in the UK. Right after the 1986 law change banning manufacture of machine guns for private ownership. So I said, OK, lets just make a really high down payment because he only got $50K for the TDP on the M16. Youre going to have to take those guns.. Kevin Dietsch/Getty Images. Im not well-rounded. I was shooting about 50,000 rounds a year of .38 special ammunition and I had to reload that because it was so expensive. She had me tutored for four years while I was in high school. richard green referee cause of death; when is national niece and nephew day; c reed knight net worth; March 22, 2023 prestwick airport webcam; 2023 . The basic law change in 1968 was in fact going after concealable handguns and stopping interstate commerce in so-called Saturday Night Specials. Getting all the different models with all the alloy frames, the different concealed hammers and features sure was interesting to me. RKj: To my knowledge, I dont think any had stainless slides. Part of it went to Fairchild, part went to Stoner, and part went to his ex-wife. If you need more lookups,subscriptions start at $39 USD/month. Im not sure what she said or did, but my mother persuaded my third-grade teacher to graduate me to the fourth grade. I had committed when we had three major contracts hit all at one time. His father told him hed better figure out something he really liked to do, because hed be married to that job for the rest of his life. Oh, you know, Tiger Woods bought a gun from me . What about current government programs? I went to Atlanta sometimes, and the big show in Florida was the Lakeland Gun Show. It was a prototype of the 5.56mm rifle that would become the U.S. Army M-16. It had a barrel extension that looked like the AR-15. No permits and nobody will talk to me it was just a screwed up mess. I have been able to find people that have the same passion that I do, or they have come to me. There was a window of opportunity of about 45 days from when we knew the law was coming at us, to when it took effect. I have a very tough time reading and writing, too. He gave me the Form 4 paperwork, and I went and got the paperwork signed off immediately. RKj: Did you know that if I dont proof test an M110, I can get twice the bolt life out of it? Knight:Yeah, but not anymore. I knew what I was looking for, and I just found people here and there with parts. Did you have trouble in school? The majority of everything was .45s, and there were probably less than 100 .380s MAC 11s. . I built a few extra; I probably sold 100 other than that on the civilian market, and they were all stainless steel. RKj: I kept winning it with the low bid. All rights reserved. Ron Martin bought all the MAC11 .380s which went for $50 each and InterArms bought almost all of the 9mm MACs. Mike Lookinland is an American actor who has a net worth of $2 million. Jonathan Ciener was there at the auction. It was just part of every day life, plinking and hunting. That was in the 79-80 timeframe, when we were very heavily involved in the suppressor development work for the government, doing different things: .22s and 9mms, and MP-5s and integral suppressors. C. Reed Knight, Jr. grew up with one major advantage. It turns out they were testing with a bore rod down the bore like they had on the RIS, and the bore rod had gotten worn out, that it became out of synch, and they didnt have a baseline. The pair worked together during the 1990s, combining the most heralded assets of the AR-15 with the fight . And that was what I brought to the table. His father, C. Reed Knight, Sr. was in the US Army Air Corps at the time flying B-25 bombers stateside as he had finished his pilot training in 1945 just as WWII ended. Knight:Thats affirmative. I built the Beretta 92s in 1978-79, and the special subsonic ammunition was in 1981-82. I know I made some money and had a good time. ng bi lc Thng Mt 19, 2023. Did KAC enter in the Armys Individual Carbine program back in 2011? When they came back, Id pulled the engine and transmission out of that to put it in my 55 Chevy, and I had lightened it up and put a blower on it, put the big slicks on the back, and I never will forget the look on my moms face when she saw that I had taken this brand new car and tore it all up into my hot rod. These were all Italian pistols. His idea was to focus on what you know and make incremental changes as you go along instead of trying to do the whole thing at once. Mickey Finn (Qual-A-Tec) was testing suppressors, and Don and I were testing them. The first gun that I bought under that license was an MG-42 from InterArms, and I really got ripped off on that because this guy had bought it from InterArms and he had resold it to me for a whopping $300! You couldnt have anything at the SHOT Show like machine guns until I got there, and I said I wanted our own separate section and wall us and our offensive camouflage and helmets and whatever off from the rest of the show. Theyll walk right into the factory. Thats like a proof load or something? He was a genius in his own right. I started working for Charlie Beckwith in the early 80s, at SOTF, the Special Operations Training Facility. Menu. I think people converted them afterwards. My Mom didnt catch me this time, but the motor came out of my 65 Corvette. I guess nobody has big enough balls to go against the system. No problem. So a year later, I was there with the building sitting on the ground. About two months later they came back to the colonel and he said, You know something? Knights run would continue, as he invented and produced seminal components of the small-arms world. Jeff Bezos Net Worth $144 Billion Jeff Bezos is an American philanthropist, businessman and space explorer who has a net worth of $144 billion. Thats huge. I told him I really like guns, says Knight, and he said, Well then you better make that your living.. I was a contractor, and doing business with them. Fly did all the weapons testing. It was basically a mechanical heaven. Knight tells a story of riding with his father one day when he said, Son, you can work 40 hours a week, and you may be able to make a living. I tested and plotted the difference. Wish I could find MG-42s for that price now. So, Stoner gets there in the room with me, and he says Colts never going to pay us because they havent paid him yet for the M16. I had heard that this guy by the name of Eugene Stoner had a house in Florida. You must be proud at some level, though. I also built wooden handguards for the Stoner 63, so they could convert rifles to machine guns. The ATF would not let them sell any of the parts for the silencers and they made them destroy those. And I do believe in taking your ideas and giving them to everybody, because theyre the best ideas out there. Knights isnt really known as a commercial firearms company; is that changing? We spoke quite a bit in that period. RKj: I dont know enough about the commercial market. Favorite food: Steak Whod win in a Vickers/Lamb Running Man-style death match? Some things in life stick in your mind vividly, and I remember this very well. We basically just stay in the state of Florida. It had been arsenal refinished. Christopher Knight 'The Brady Bunch' Actor With Highest Net Worth. [laughter] I guess I didnt learn my lesson in 63. Lets get the fuse perfected and then determine how much better performance we can get when firing out of defilade. My dad had an interest in arms and armor, and he took me to Europe where we bought a lot of antique guns and armor. Nobody could do the volume. This is after 1986, but I knew enough to pick the pre-ban guns So I gave $200 a piece for M16s, and today theyre worth, what, $25,000 each? All that period of time I was doing work with the suppressors and the Navy SEALs. Well, he says, We talked to the attorney and maybe gun #1 is worth $50K., I said, It might be, but its not worth that to me. I was collecting to try and get one of each and condition wasnt too important at that time. So if I wanted to buy an SR-25 that wasnt proof tested, would you sell me one? First, pulling all the silver quarters out, and second filling in all the quarters in the books. I sold to the Navy, and I sold Marcinko the first Beretta 92s that the government ever bought. I rebuilt a lot of transmissions and engines. I study things to death. POD-209275, Home Magazine Issue 36 Zeroed In: C. Reed Knight, II, C. Reed Knight, Jr. grew up with one major advantage. We took the thing to Colt, and other manufacturers, and I said, Hey, I got this idea. Fred was just absolutely livid. The amount of movement on the trigger would rotate the cylinder and cock the hammer and get everything locked up, and then youd break the hammer, and it was very accurate. So, I was using the jet; he had three jets and five helicopters all this stuff that I was busy managing for him. Did you know Mitch Werbell? January 26, 2023 by by Of course Mitch was walking around and just having a ball because the auction had all gone off so well and he was at odds with Military Armament Corp. Mitch had his M134 Minigun for sale at his house for $600, just the receiver, and I passed on that because I figured I could never get the parts. Citing information from Celebrity Net Worth, the article reports that Christopher Knight, who played Peter Brady, is worth an estimated $10 million. OK, we can fix that. They call on the phone and talk to someone and say its fixed. I had a brand new 63 Chevrolet Super Sport, less than three months old, and my mom and dad went out of town for the weekend. It was in the rifle configuration. RKj: No. SAR: What were you doing for sound testing in that time period? This is after 1986, but I knew enough to pick the pre-ban guns So I gave $200 a piece for M16s, and today theyre worth, what, $25,000 each? The plastic frames had problems. It was one of the InterArms mismatched guns with wire wrapped around the buttstock to hold the buttstock together. They just cherry picked the things that they wanted out of the auction. The RAS (Rail Adapter System) was an almost concurrent requirement. He collected tools, coins; he collected all kinds of things. I mowed yards with it. My inspiration has always been for making better equipment for our servicemen, and building good equipment, and improving the tools that they have to do their job. RKj: Sooner or later the militarys going to have to gear back up. 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