Since retiring from basketball, Charles Barkley has become a seasoned analyst. His hefty contract with TNT keeps his estimated net worth of $60 million intact. Recently, he credited Bucks legend Junior Bridgeman for inspiring his business ventures during an episode of Shannon Sharpe’s Club Shay Shay podcast.
“For a guy who didn’t make a ton of money, didn’t have the name, to learn how to handle business… every time I’m around him I try to pick his brain,” said Barkley, referring to Bridgeman’s journey.
Bridgeman earned around $350,000 during his playing days, totaling $4.2 million throughout his career. However, his post-NBA endeavors skyrocketed his net worth to an estimated $600 million.
Barkley hailed Bridgeman’s story as one of the best for an athlete turned multi-millionaire. He praised Bridgeman’s low-key approach to business, a strategy Barkley himself adopts in his business ventures.
Investments in Business by Charles Barkley
Though Barkley isn’t on the level of business tycoons like Michael Jordan or Magic Johnson, he’s made notable investments. One standout is his stake in NeuroVice, a medical technology company. He’s also made contributions to Spelman College.
Additionally, Barkley boasts several lucrative endorsement deals with major brands like Nike, FanDuel, T-Mobile, McDonald’s, Dick’s Sporting Goods, and Right Guard.
While Barkley still has a way to go to match Bridgeman’s success, prudent financial management could pave the way for the 11-time NBA All-Star to climb higher.