Want to know about Ronnie Coleman’s net worth? Several rumors sparked, stating that the former bodybuilder has now put his house out for sale. Why? Is he broke now? His economic condition has lately come under speculation. What’s with Ronnie Coleman’s wealth?
Ronnie Coleman is a former bodybuilder hailing from Monroe, Louisiana. Born in 1964, he is now 59 years old. Ronnie held the title of Mr. Olympia for eight consecutive years. To be more exact, that’s right from 1998 to 2005. Despite being a fan, not everyone knows that Ronnie Coleman is often called The King. Also, he won IFBB professional titles, 26 in number.
During his bodybuilding career, Ronnie Coleman successfully won- the Canada Pro Cup in 1995 and 1996. Back in 1991, Ronnie won the World Amateur Championships in heavyweight. Because of his prominence in the bodybuilding field, Ronnie Coleman was inducted into the International Sports Hall of Fame.
Coming back to Ronnie Coleman’s monetary earnings, the former bodybuilder earned good until 2007. That was the year when he retired. As a sportsperson, Ronnie has made several brand endorsement deals, which is believed to be another source. But how much is it? Here is what we know about Ronnie Coleman’s net worth.
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Ronnie Coleman Net Worth: Earnings Revealed
Talking about his monetary earnings, Ronnie Coleman’s net worth is estimated to be a whopping $2 million. As mentioned above, the major portion came from Ronnie’s bodybuilding career. That’s mainly the sports one. Over the years, Ronnie Coleman’s net worth has changed a lot, mainly decreasing. Previously it was reported to be something around $10 million.
Besides Ronnie Coleman’s body-building career, his wealth also had something to do with his documentaries. In 2018, he released one titled- Ronnie Coleman: The King. It’s available on Netflix.
With Ronnie Coleman’s net worth being good enough earlier, he had certain expenses too. Like what? In 2020, the former bodybuilder underwent botched surgery that cost him $2 million. Before that, he was unable to walk by himself.
Being so invested in bodybuilding, Ronnie Coleman reportedly owns a gym. It’s worth $200,000. Undoubtedly, it’s indeed a big part of his life.
With Ronnie Coleman’s net worth being huge, The King has invested majorly in lavish cars. When it comes to his impressive car collection, the list includes- a Rolls Royce Ghost, a Cadillac Escalade, a Hummer H1, a Mercedez Benz S55, and a BMW 5 Series. Isn’t that great?
Well, Ronnie Coleman’s net worth also calls for the discussion of why he sold his house. Is he broke? Before that, one must note that it’s not just the house. Ronnie also showed his willingness to sell other prized possessions. Like? Those are his prized shoes, a video game machine, a decline bench, and dumbells. What’s the reason?
No. Your assumption is wrong. In other words, Ronnie Coleman isn’t broke, and his net worth is still decent. The reason behind putting most of the things on sale is he would move to a new place along with his family. He lived in Texas for more than 26 years. Also, Ronnie hosted an Open House for interested buyers.
Do people sell their houses only when they are broke? No, right? It was very weird of some people to even think Ronnie Coleman is broke at present. It made no sense. Despite his retirement, he is considered one of the greatest bodybuilders of all time. That’s how prominent he is and will always be. It wasn’t easy, though. The journey was tough, and the credit was nothing but Ronnie’s hard work.
Best Wishes to Ronnie Coleman for the upcoming days of his life. Make sure to follow The King on his Instagram account for more updates. What do you think about Ronnie Coleman’s net worth?
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