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Introduction
Kareem Abdul-Jabbar is a former American professional basketball player who is widely regarded as one of the greatest players of all time. He enjoyed a long and successful career in the NBA, playing for the Milwaukee Bucks and the Los Angeles Lakers. Over the years, Abdul-Jabbar has amassed a considerable fortune, making him one of the wealthiest retired athletes in the world. In this article, we’ll take a closer look at Kareem Abdul-Jabbar’s net worth and how he has made his money.
Early Life and Career
Kareem Abdul-Jabbar was born Ferdinand Lewis Alcindor Jr. on April 16, 1947, in New York City. He grew up in Harlem and attended a Catholic school where he began to develop his basketball skills. In college, he played for the UCLA Bruins and led them to three consecutive NCAA championships. After college, Abdul-Jabbar was drafted by the Milwaukee Bucks in 1969, beginning his professional career.
The Milwaukee Bucks Years
Abdul-Jabbar played for the Milwaukee Bucks for six seasons, during which he won his first NBA championship in 1971. He also won three MVP awards and was named to the All-NBA First Team five times. During his time with the Bucks, Abdul-Jabbar established himself as one of the best players in the league and became a household name.
The Los Angeles Lakers Years
In 1975, Abdul-Jabbar was traded to the Los Angeles Lakers, where he would spend the rest of his career. He continued to dominate the league, winning five more NBA championships and two more MVP awards. He also set numerous records, including the all-time leading scorer in NBA history, a record that still stands today.
Post-Retirement Ventures
After retiring from basketball in 1989, Abdul-Jabbar remained active in various business ventures. He wrote several books, including an autobiography and books on African American history. He also became a television commentator and an actor, appearing in several movies and TV shows. Abdul-Jabbar also became an advocate for social justice and civil rights, frequently speaking out on issues related to race and inequality.
Kareem Abdul-Jabbar Net Worth
So, just how much is Kareem Abdul-Jabbar worth? According to Celebrity Net Worth, his net worth is estimated to be around $20 million. Abdul-Jabbar’s wealth comes from a variety of sources, including basketball contracts, endorsements, book royalties, and acting gigs. He also invested in a number of business ventures over the years, including real estate and film production companies.
Real Estate Investments
One of Abdul-Jabbar’s most successful investments has been in real estate. He owns several properties in California, including a home in Beverly Hills and a 7-acre estate in Kauai, Hawaii. He also owns a number of commercial properties, including a shopping center in Harlem and a building in Indianapolis that houses a branch of the Boys & Girls Club.
Business Ventures
Abdul-Jabbar has also invested in a number of business ventures over the years. He co-founded a film production company, and he has also invested in a number of start-ups. He has also served on the boards of several companies, including the technology firm, SitiVerse.
Charitable Work
Abdul-Jabbar has also been a generous philanthropist over the years. He has donated millions of dollars to various charities and causes, including the United Negro College Fund and the Make-A-Wish Foundation. He also established the Skyhook Foundation, which helps to provide educational opportunities for underprivileged children.
Conclusion
Kareem Abdul-Jabbar is a basketball legend who has made a significant impact both on and off the court. His net worth of $20 million is a testament to his success as a basketball player, author, actor, and businessman. But more than that, Abdul-Jabbar’s commitment to social justice and his philanthropic efforts make him a true role model for future generations.
