Charles Barkley is a former American basketball player and television personality. His career has made him one of the most popular figures in National Basketball Association (NBA) history. How much is Charles Barkley net worth?
Charles Barkley was born in an all-white town hospital, making him the first black baby born there. Growing up, he developed a passion for basketball despite facing racism and family challenges. His love for the game led him to join his school basketball team, paving the way for a remarkable career.
So, what is Charles Barkley's net worth today? As of 2020, his net worth stands at an impressive $50 million. Barkley is recognized as one of the wealthiest players in Alabama, with his fortune primarily derived from his earnings while playing for the Philadelphia 76ers, Phoenix Suns, and Houston Rockets.
Table of Contents
- Biography
- Net Worth
- House
- Cars
- Books
- Basketball Career
- Television Sports Analyst
- Endorsements
- Awards and Achievements
- Gambling Addiction
Biography
| Detail | Information |
|---|---|
| Name | Charles Barkley |
| Birth Date | February 20, 1963 |
| Birthplace | Leeds, Alabama, USA |
| Height | 6 ft 6 in (198 cm) |
| Position | Power Forward |
| College | Auburn University |
| NBA Teams | Philadelphia 76ers, Phoenix Suns, Houston Rockets |
| Retirement | 2000 |
Net Worth
As noted earlier, Charles Barkley's net worth is estimated at $50 million in 2020. Throughout his 16-year NBA career, he earned a total salary of approximately $40.3 million. In his final season with the Houston Rockets, Barkley received a lucrative $9 million paycheck, contributing significantly to his fortune.
His wealth has been further bolstered by his work as a television personality, endorsement deals, and book sales. Barkley’s financial success serves as a testament to his hard work and determination throughout his life.
House
Charles Barkley owns a stunning mansion located in Gainey Ranch. This impressive 6000-square-foot property was purchased for about $2 million and features a garage spacious enough for eight cars. The backyard is a luxurious oasis, perfect for enjoying sunny Arizona days.
The property boasts a swimming pool, tennis courts, and plenty of lush trees, ensuring both shade and privacy. It's a perfect setting for relaxation and entertainment, reflecting Barkley's taste for comfort and luxury.
Cars
While Charles Barkley is famously wealthy, the exact number of cars he owns is not widely known. However, he was spotted driving a Lincoln Navigator while visiting studios in New York City back in 2011. This glimpse into his life reflects the lifestyle of a successful athlete.
Books
In addition to his sports career, Barkley is also an accomplished author. He has penned several inspiring books that resonate with many readers. Some of his notable works include:
- I May Be Wrong, But I Doubt It
- Who's Afraid of a Large Black Man?
- Sir Charles: Wit and Wisdom of Charles Barkley
- Outrageous! The Fine Life and Flagrant Good Times of Basketball's Irresistible Force
- The Definitive Word on Michael Jordan
Basketball Career
Charles Barkley's basketball journey began in his school team, where he quickly became a fan favorite due to his impressive dunks and blocked shots. Despite facing challenges with his weight, he excelled in the SEC rebound charts, earning the nickname "The Round Mound of Rebound."
In 1984, Barkley was selected as the fifth overall pick in the NBA draft by the Philadelphia 76ers. He played for the team until 1992 before moving on to the Phoenix Suns and later the Houston Rockets in 1996. His remarkable career on the court solidified his legacy as one of the greatest players in NBA history.
Television Sports Analyst
After retiring from basketball, Barkley transitioned into a prominent role as a sports analyst. He joined Turner Network Television (TNT), earning a salary of $6 million per year. His charisma and insight have made him a respected figure in sports commentary.
Additionally, he has been a studio analyst for CBS and is currently a prominent member of the Inside the NBA panel, contributing to his impressive net worth while continuing to engage with basketball fans.
Endorsements
Throughout his career, Charles Barkley has collaborated with several major brands. His endorsements include well-known names such as:
- Coca-Cola
- McDonald's
- Nike
- Right Guard
- T-Mobile
These partnerships have not only increased his visibility but have also significantly contributed to his income and brand recognition.
Awards and Achievements
Charles Barkley has received numerous accolades throughout his illustrious career. Some of his most notable achievements include:
- NBA Most Valuable Player (1992)
- Southeastern Conference Player of the Year (1983-1984)
- NBA All-Rookie Team (1985)
- NBA All-Star (1987-1988)
- Member of the U.S. Olympic Team (1992, 1996)
These awards highlight Barkley's exceptional talent and dedication to the sport, solidifying his status as a basketball legend.
Gambling Addiction
Despite his success, Charles Barkley has openly discussed his struggles with gambling addiction. He has lost over $10 million due to gambling over the years. In a candid 2007 interview, Barkley revealed that he won $700,000 in a single weekend from blackjack and Super Bowl bets.
Barkley's gambling habits led to legal issues, including a lawsuit from Wynn Las Vegas Casino for unpaid gambling loans. Although he admits to still gambling, he claims to do so in moderation now. Despite these challenges, his net worth remains impressive, demonstrating his resilience and ability to rebound from setbacks.
Charles Barkley stands out as one of the 50 greatest players in NBA history. His larger-than-life personality matches his incredible accomplishments on the basketball court. As he continues to grow his television presence and engage with fans, it will be interesting to see how his net worth evolves over time.
