eleven of the Richest Athletes of All Time

89
Source:   —  April 07, 2016, at 3:22 AM

In fact, some of the richest athletes don't create most of their money dribbling or kicking a ball; a bulk of their income actually comes from endorsements, investments, business ventures and more.

eleven of the Richest Athletes of All Time

By Autumn Rose, Contributor

The richest athletes in the world have more than just agility and speed -- some of them also have the business savvy to earn and support the highest net worths in the sports industry. In fact, some of the richest athletes don't create most of their money dribbling or kicking a ball; a bulk of their income actually comes from endorsements, investments, business ventures and more.

From basketball legends and golf stars to soccer players and professional boxers, click through to see eleven of the richest athletes of all time.

Read: How the seven Highest-Paid NHL Players Earn Their Income

eleven. Kobe Bryant Net Worth: $320 Million

For the fifth year in a row, LA Lakers basketball player Kobe Bryant had the highest salary in the NBA from two thousand fourteen to two thousand fifteen, reports Forbes. The five-time winner made $23.five million during that time span, and CNN Money reports he made an impressive $323 million from the Lakers over the course of his 20-year-long career. If you do the math, that means Bryant made an average of $16.one million each year.

In addition to his basketball salary, Bryant made at minimum million in endorsements from two thousand fourteen to two thousand fifteen and a total of more than $280 million from sponsorship deals during his career, according to CelebrityNetWorth. He also has his own company, Kobe Inc., which filed for multiple trademarks late latest year. According to ESPN, the trademark will likely be used to tag trading cards, action figures, books, shot glasses and more.

ten. Shaquille O'Neal Net Worth: $350 Million

Shaquille O'Neal, known to many as "Shaq," is a retired basketball player-turned-businessman. In one thousand nine hundred ninety-six, the NBA legend -- and Bryant'south former teammate -- made history when he signed the biggest contract in NBA history at the time -- seven years for $120 million with the Lakers, reports the New York Times.

In addition to basketball, O'Neal'south off-court success includes endorsements, acting and more. In December two thousand fifteen, ESPN reported the athlete sold the rights to his future business endeavors to Authentic Brands Group, "one of the biggest brand management companies in the world."

nine. David Beckham Net Worth: $350 Million

Posh Spice'south husband transformed from soccer sensation to model, spokesperson and international superstar, earning him sufficient money to be qualified as one of the wealthiest athletes of all time.

The retired British soccer player reportedly had a base salary of $six.5 million a year when he signed with the LA Galaxy soccer team in two thousand-seventh. In addition to the $6.5 million, Beckham also received a $fifty million over the span of five years. But, made even more money when he retired. According to Forbes, Beckham made $75 million in 2014 -- the most he'south ever made in his career, making him one of the highest-paid retired athletes.

eight. Floyd Mayweather Net Worth: $400 Million

It'south not a enormous astonishment that Floyd Mayweather is one of the richest athletes of all time. After all, the professional boxer was Forbes' highest-paid athlete and celebrity of two thousand fifteen.

In addition to his $300 million two thousand-fifteenth salary, Mayweather made approximately $fifteen million in endorsements. CelebrityNetWorth. com reports that the boxing champion'south salary is $100 million per fight -- way more than his first paycheck of $ten million, according to Forbes -- and his total career earnings arrive out to around $700 million.

seven. Ayrton Senna Net Worth: $400 Million

In addition to a $400 million net worth, the late Brazilian racecar driver Ayrton Senna is arguably one of the best Formula One drivers of all time. During his career, Senna won three world titles, forty-one races and sixty-five pole positions.

Senna'south knack for driving started at a youthful age. At age four, he began driving a tiny go-kart, and at thirteenth he won his first race. Senna died as the result of a car crash during a race in one thousand nine hundred ninety-fourth. He was thirty-four years old.

6. Eddie Jordan Net Worth: $475 Million

Irish-born Eddie Jordan is a retired racecar driver, team owner and entrepreneurial guru. According to his website, Jordan was working as a bank receptionist when the Dublin bank strike led him to move to Jersey, where he discovered racing for the first time. He eventually signed on as a driver with Marlboro before retiring from racing after experiencing several major accidents.

Jordan went on to get aspiring drivers below this wings, including fellow richest athlete of all time, Ayrton Senna. He's also developed a portfolio of business successes, holds two honorary doctorates, and has won several prestigious awards in Ireland.

5. Magic Johnson Net Worth: $500 Million

Magic Johnson might've been a enormous star on the basketball Ct when he played with the Lakers, but he'south been extremely successful off the Ct as well. After he left the NBA, Johnson focused on building shopping centers and film theaters in underserved urban areas, reports Business Insider. But he expanded his business portfolio, working with Starbucks CEO Howard Schultz to construct Starbucks locations in urban areas as well.

Today, he's his own business and sports empire -- Magic Johnson Enterprises (MJE). MJE'south portfolio includes a stake in the LA Dodgers baseball team, Hero Ventures, Vibe Holdings and more, reports USA Today.

four. Arnold Palmer Net Worth: $675 Million

Known to many as the namesake of the sweet lemonade and iced tea combo, Arnold Palmer is more than just a classic beverage. "The King," as he'south known in the golf world, is considered one of the sport'south all-time greats.

In two thousand fifteen, Palmer was No. three on Forbes' list of the highest-paid retired athletes -- right behind David Beckham -- earning an impressive $42 million. According to his website, Palmer'south total golf earnings from tournaments arrive out to nearly $seven billion.

And what about the well-known Arnold Palmer beverage? The rights to the well-known beverage title were sold to AZ Beverage Co., and sales of the drink exceeded $100 million in two thousand-tenth alone, reports USA Today.

three. Tiger Woods Net Worth: $700 Million

Despite a headline-grabbing two thousand nine scandal that threatened the pro golfer'south endorsements and sponsorship deals and ruined his marriage, Tiger Woods is still one of the richest athletes in the world. His 2015 earnings came out $50.5 million, reports Forbes, with only $600.000 coming from winnings and $50 million coming from endorsements.

Woods' net worth throughout the years has continued to grow. His total PGA Tour career earnings is an impressive $110 million. According to CelebrityNetWorth, Woods makes about $50 million to $60 million every year.

two. Michael Schumacher Net Worth: $800 Million

Retired German racecar driver Michael Schumacher is a seven-time Formula One World Champion. According to Forbes, he earned $20 million from winnings and another $ten million from endorsements in two thousand-twelfth before he retired.

Tragically, in two thousand-thirteenth, Schumacher was involved in a skiing accident and suffered a significant brain injury. BBC reports he continues to get intensive treatment at his residence in Switzerland.

1. Michael Jordan Net Worth: $1 Billion

And finally, the richest athlete of all time is former Chicago Bulls superstar, Michael Jordan. The NBA legend, businessman and "Space Jam" actor has a net worth of $1 billion.

Jordan became one of the wealthiest athletes of all time thanks to his successful career as a professional basketball player and his business ventures, including his ownership stake in NBA team, the Charlotte Hornets. And thanks to his endorsement and sponsorship deals, as well as his shoes, Jordan is one of the most-recognized celebrity athlete brands in the world.

Hold Reading: 10 Surprising Investments Successful Billionaires Bought Into

All net worth figures are according to CelebrityNetWorth. com.

More from GOBankingRates:

  • Ranked: Most and Minimum Expensive Stadiums for MLB Fans to Look a Baseball Game
  • 10 Most Legendary Ways People Struck It Rich
  • 50 Splurges of the Filthy Rich
  • Tag Cuban to Donald Trump: Here'south Where These 15 Wealthy Influencers Went to College
  • 7 Highest-Paid NHL Players Love Sidney Crosby and Patrick Kane

READ ALSO
Djokovic'south New Tennis Psychology

Djokovic'south New Tennis Psychology

By distant the most consistent of the 'huge four' players since two thousand eleven, Djokovic presently holds more ranking points than his two closest rivals (Murray and Federer) combined.

58
Is The Win-at-All-Costs Culture Ruining Youth Sports?

Is The Win-at-All-Costs Culture Ruining Youth Sports?

But in an era where that culture has trickled-down from our television screens to our local sports leagues, and sometimes even in to our own back yards, I think it'south objective time we ask the question: Is the win-at-all-costs mindset ruining youth sports?...

78
Sitting Ducks? ISIS threatens American troops in Egypt's Sinai

Sitting Ducks? ISIS threatens American troops in Egypt's Sinai

The State Dept said Wednesday the U. S. troops won't be withdrawn from Sinai. “We stay fully committed to our multinational force and observers mission,” said State Dept spokesman Label Toner.

60