What is Charles Barkley’s Net Worth ?
Who is Charles Barkley ?
Charles Barkley is a former American professional basketball player known for his tenacity, versatility, and quick wit. He is considered one of the most dominant power forwards in NBA history and an all-time great. Barkley played for the Philadelphia 76ers, Phoenix Suns, and Houston Rockets and won an Olympic gold medal in 1992.
Early Life of Charles Barkley
Charles Barkley was born in Leeds, Alabama on February 20, 1963. Unfortunately, his father left the family when he was still a baby. His mother later remarried and had two more sons, but sadly his stepfather died in an accident when Charles was just 11 years old.
Charles attended Leeds High School and didn’t make the varsity basketball team as a junior, but he worked hard and improved his skills during his senior year. During one of his better games, the head coach of Auburn University noticed him and offered him a spot on their team. From 1981 to 1984, Charles majored in business management at Auburn University while playing college basketball for three seasons.
Despite not having the typical body type for a basketball player, Charles quickly became famous for his exciting dunks and impressive blocked shots. He was shorter than most players and struggled with losing weight, but he still managed to receive many awards during his time at Auburn, including the Southeastern Conference (SEC) Player of the Year award.
In short, Charles Barkley had a difficult start in life but he persevered and became a talented basketball player who overcame physical challenges to achieve success.
Career of Charles Barkley
Charles Barkley was a basketball player who left Auburn University during his junior year and was picked as the fifth draft in the first round of the 1984 NBA Draft by the Philadelphia 76ers. In the 1986-87 season, he became the leader of the team, and the next season he became the Sixers’ franchise player. During his time with the Sixers, he played in six all-star games and was named MVP for two of them. Barkley’s fame grew during his eight seasons in Philadelphia and he even had his own shoe line with Nike.
In July 1992, Barkley was traded to the Phoenix Suns where he had an incredible season, averaging 25.6 points and a career-high 5.1 assists per game, leading the Suns to the NBA’s best record. He was awarded the Most Valuable Player award soon after being traded and qualified for his seventh All-Star Game. However, he was plagued with severe back pain which cut his time with the Suns short. He announced that the 1995-1996 season would be his last in Phoenix. During his tenure, he achieved All-NBA and All-Stars honors, along with a career-high .777 free throw shooting.
The last dance
In 1996, Barkley was traded to the Houston Rockets but he got off to a rough start. He was suspended for the season opener due to a fight with Charles Oakley during a preseason game. He continued to battle severe back pain and had to miss fourteen games out of 67. However, he became the team’s second-leading scorer. The Rockets ended the season with a 57-25 record and advanced to the finals but were defeated by the Utah Jazz. Unfortunately, Barkley was still plagued with injuries and pain, and the 1999-2000 season proved to be his final year in the NBA. On April 19, 2000, he retired and ended his 16-year Hall of Fame career to a standing ovation.
U.S. men’s basketball team
In 1994, Charles Barkley was given the opportunity to try out for the U.S. men’s basketball team for the Summer Olympics of 1984. He made it to the final cuts of the trials, but unfortunately, he was not accepted.
However, Charles did get to be part of the famous “Dream Team” in the 1992 Olympics. This team consisted of many other great basketball players, including Michael Jordan, Magic Johnson, Larry Bird, and Scottie Pippen. Together, they won a gold medal as part of the men’s team. Charles ended up being the highest-scoring player on the team and set a U.S. men’s Olympic record for the highest three-point field goal percentage, which was 87.5%.
By this time, Charles had earned a reputation for trash-talking and teasing his opponents. This reputation was reinforced when he intentionally elbowed a fellow player during a game.
In 1994, Barkley led the team to Gold once again in Atlanta. This was a great achievement for him, and it showed just how talented he was as a basketball player.
Personal Life of Charles Barkley
Charles Barkley has been married to Maureen Blumhardt since 1989, and they have a daughter, Christiana Barkley. Barkley is also known for his philanthropic work, having donated millions of dollars to various charities over the years.
Barkley is well-known for his outspoken and controversial opinions on a variety of subjects. He has been a commentator for TNT’s Inside the NBA since 2000, where he frequently voices his candid opinions on current events and sports-related topics.
Charles Barkley Net Worth
Charles Barkley’s net worth is estimated to be $50 Million. The majority of his net worth comes from his career as a professional basketball player and his career as a commentator. Barkley also earned significant sums of money from endorsements and investments.
Earnings from Endorsements
Charles Barkley has been a popular figure in the world of advertising since the 1990s. He has appeared in commercials for Nike, Pepsi, and McDonald’s, among others. In 2013, Barkley became a spokesperson for Weight Watchers, and he has also endorsed products for T-Mobile and Capital One. It is estimated that Barkley earned more than $10 million from his endorsements throughout his career.
Charles Barkley’s Property and Investments
Charles Barkley is known to be a shrewd investor and has made several smart investments over the years. Barkley has invested in real estate and owns several luxurious properties throughout the United States. He owns a mansion in Scottsdale, Arizona, worth an estimated $10 million.
Barkley has also invested in several small businesses over the years. He was an early investor in Google and has made an undisclosed sum of money from the company’s success. In addition, he has also invested in a chain of fitness clubs, among other ventures.
How does Charles Barkley Spend His Money ?
Despite his considerable wealth, Charles Barkley is known to be frugal with his money. He explains that growing up poor has taught him to be careful with his finances. One of Barkley’s hobbies is gambling, which he has been known to do in Las Vegas. However, he is careful to set limits for himself and has never gotten into serious financial trouble as a result of gambling.
Barkley is also an avid golfer and frequently competes in pro-am tournaments. However, he has stated that he has never spent more than $5,000 on a single round of golf. Barkley is known for his love of food and wine, and he has often splurged on pricey meals and fine wines.
Frequently Ask Questions about Charles Barkely
Is Charles Barkley still married?
Yes, Charles Barkley has been married to Maureen Blumhardt since 1989.
What is Charles Barkley’s net worth ?
Charles Barkley’s net worth is estimated to be$50 Million.
How did Charles Barkley become wealthy ?
Charles Barkley became wealthy from his career as a professional basketball player and a commentator, as well as from his investments and endorsements.
What does Charles Barkley spend his money on ?
Charles Barkley spends his money on golf, fine wines, and expensive meals, among other things.
Has Charles Barkley ever gotten into financial trouble ?
No, Charles Barkley has been careful with his money and has never gotten into serious financial trouble.
How tall is Charles Barkley ?
Charles Barkley is approximately 6ft (1.98 m) tall.