What is Charles Barkley Net Worth in 2023?
A report from 2023 estimates that Charles is worth approximately $70 million. He is known to have a gambling problem in which he reportedly lost approximately $10 million. He has done a variety of endorsements.
During and after his career as a professional athlete, Charles was a prominent brand endorser, frequently appearing in advertisements for a number of major brands.
He has made tens of millions of dollars through endorsement deals with Nike, FanDuel, T-Mobile, McDonald’s, Dick’s Sporting Goods, and Right Guard, among others. During the height of his playing career, Charles appeared in a very well-known Nike advertisement in which he stated, “I am not a role model.”
| Name | Charles Barkley |
| Net Worth | $70 million |
| Age | 59 |
| Residence | Scottsdale, Arizona |
| Position | Small Forward / Center |
| Marital Status | Married |
| Source of Wealth | NBA salary, Endorsements, TV Presenter. |
| Salary | $10 million |
| Endorsements | Nike, FanDuel, T-Mobile, McDonald’s, Dick’s Sporting Goods and Right Guard. |
| Endorsement Earnings | $5-$10 million |
Charles Barkley Salary
The former basketball player turned television commentator on “Inside the NBA” has three years remaining on a $10 million per season contract. Different investment portfolios provide him with a substantial income. He is a well-known gambler; he reportedly lost $2.5 million in baccarat in thirty minutes.
Charles Barkley Partnerships
T-Mobile, Capital One, Coca-Cola, McDonald’s, Nike, and Right Guard. These are a few of his prominent endorsements. It is estimated that he earned between $5 and $10 million in endorsements during and after his playing career. He disliked being referred to as a model, and he urged young children to instead emulate their parents.
The Charles Barkley Investments
He has two very significant investments, one of which is a grant to Spelman College. The other investment is an undisclosed sum in NeuroVice, a company specializing in medical device technologies that enhance the patient experience.
Charles Barkley Other Income Sources
There is limited information regarding his other sources of income, but he must have a substantial portfolio of dividend-paying securities and shares in numerous companies.
Charles Barkley Residence
Charles owns a single home in Scottsdale, Arizona, which cost him approximately $ 2.2 million. He purchased the residence while playing for the Phoenix Suns.
It is a luxurious estate with an annexed mini golf course and a private swimming pool, as we all know how hot Arizona can get. The home has twelve restrooms and approximately ten rooms.
Car of Charles Barkley
Charles is said to be a car enthusiast, as he possesses four opulent automobiles. We expected nothing less from the former MVP, whose car collection includes a Lincoln Navigator and a Bentley.
Charity Work by Charles Barkley
During the corona-virus pandemic, Barkley proclaimed the establishment of a relief fund to assist hospital personnel in need. At the height of the epidemic, he viewed the medical professionals as warriors.
He demonstrates his willingness to be charitable at the proper time and for the proper cause. His philanthropy towards educational institutions demonstrates that he is a firm believer in equal access to education for all.
He has made large donations to institutions in the past. Consequently, he gave $1 million to Alabama A&M University in Alabama. In addition, he gave Atlanta’s Clark Atlanta University $1 million.