What is Alex Rodriguez's net worth? How Jennifer Lopez's fiance and swanky ‘Shark Tank’ guest amassed his fortune
Although A-Rod is popular for his career as a baseball player, following his retirement, the former sports star is making a splash in the entrepreneurial world
Former baseball star Alex Rodriguez is no stranger to 'Shark Tank'. The 45-year-old has appeared on ABC's hit entrepreneurial show during Season 9 and Season 10. He even partnered up with Mark Cuban for investing in a company. After a brief hiatus from appearing on Season 11 of 'Shark Tank', A-Rod is all set to once again set to enter the tank and fight with his fellow sharks while negotiating for deals.
Although A-Rod is popular for his career as a baseball player, following his retirement, the former sports star has begun steadily and gradually dipping his foot in the world of real estate and technology firms through his holding company- A-Rod Corp. Some of his notable investments include- Snapchat, Wave (a virtual concert startup), Vita Coco, amongst several others. Since the sharks on 'Shark Tank' are usually highly successful entrepreneurs. it comes as no surprise that the former baseball player has been roped in, considering how he has managed to amass a fortune of $350 million, according to Celebrity Net Worth, over the years, thanks to both his sports career and also his entrepreneurship.
In case you're curious to know more about how Alex has managed to stack up such neat net worth, then read on, for we got all the details for you. Alex was always interested in sports. He began playing baseball since he was a little boy. At the age of 18, in 1993, he became the first high school player to ever try out for the U.S. national baseball team. A year prior to that, at the age of 17, Alex got drafted into Seattle Mariners. He stayed with Mariners until 2000, during which time he both created and broke several records. He was a star player of the team, when he left them in 2000, to join Texas Rangers. Although his stint with Rangers was brief, lasting only from 2001- 2003, the baseball star managed to earn the title of MVP, while he was with the team.
In 2004, he was traded into Yankees. Alex continued his streak of breaking records and creating new ones. He became the youngest ever player to hit 500 home runs, in 2007. he also won the world title while he was a player of the Yankees team. Unfortunately, a hip and knee injury put a brake on his baseball career, as he retired from playing the sport in 2017.
At the peak of his baseball career, A-Rod earned a whopping $441 million as a baseball player salary. He reportedly made only $40 million from endorsements. Although the star player was one of the most sought after personality for endorsements, many of the lucrative offers began to dry up after he found himself tangled in steroid usage controversy.
Things haven't been all bad for this star player since his retirement. For he managed to really thrive in the real estate world, as he purchased several properties of various sizes in New York, over the years. He also bought many mansions across the country, alongside his fiance – Jennifer Lopez. The couple's latest splurge is a $32.5 million mansion in Miami's Star Island, in August 2020. While Alex's net worth is $350 million, his pop-star fiance's net worth is $400 million. Together the power couple collectively have a net worth of an impressive $750 million! We think the couple's fortune will only continue to go in the upward trajectory, as Alex's entrepreneurial vision seems to be pretty good, while JLo is still reigning the billboard charts.
'Shark Tank' Season 12 airs every Friday at 8/7c only on ABC.