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Allen Iverson Net Worth

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Allen Iverson's Net Worth as of 2024
-$1 Million

Allen Ezail Iverson was born on 7th June, 1975 in Hampton, Virginia, USA. He is a former professional basketball player who played in the positions of shooting guard and point guard. As well as many victories in the NBA league, Allen was in the USA men’s basketball team which represented his country in the Athens Olympic Games 2004, where they won bronze medal. Iverson played basketball professionally from 1996 until his official retirement in 2013.

Allen Iverson Net Worth -$1 Million

How rich is Allen Iverson? Well, currently the net worth of the retired basketball player is in negative figures, -$1 million. Allen Iverson went bankrupt when his estimated expenditure exceeded his income by at least a few times. During all the years he played professionally, Iverson earned at least $155 million. More, he added more than $30 million from various endorsements with popular companies. However, his luxurious lifestyle was way more expensive than he managed to earn, reaching the point where his monthly expenses reached $360,000 whereas his income was only $62,500.

Allen Iverson was raised by a single mother in Hampton which was an exceptionally shabby and crime-ridden district. Residents of Hampton used to say that only fools can hope to achieve something in life and get out of poverty. Seven of his friends were shot dead in a few years, but Allen was positively distracted from troubles while playing basketball.

After graduation from high school, he received a scholarship to Georgetown University, and became a major player in the basketball team. The first year he was recognized as the best defender and best defensive basketball player, and then managed to play even better during his second year. After two seasons, he decided to take part in the NBA basketball draft OF 1996, in which he was chosen in the first round, first pick overall by the Philadelphia 76ers club. He successfully played in this team until 2006. Then the basketball player was voluntarily exchanged to the Denver Nuggets team. In 2008, Allen was traded again, to the Detroit Pistons team. In 2009 he signed a one-year contract with the Memphis Grizzlies club. However, it was reported that the team decided to part with Iverson. Of course, all contracts in the NBA involve considerable money, and Allen Iverson’s were no exception.

The same year he decided to terminate his professional basketball career, however, several months later the Philadelphia 76ers announced that an agreement with the basketball player had been signed. Then in 2010 the team announced that Allen Iverson would not return to the team because of personal problems in the family. Despite this fact, Allen surprised basketball fans and announced signing a two-year contract worth $4 million with Istanbul’s Besiktas club, which played in the European Cup tournament. Allen played three matches, collected an average 9.3 points and 3 assists per game, but suffered an injury and went back to USA for medical treatment. In 2011 Iverson has been recognized as one of the all-time best offensive defenders. In 2013 Allen Iverson officially retired from professional sport.

In 2000, Allen released the single “40 Bars”. Due to the criticism he has decided not to continue his career as a musician.

In 2001, Iverson married Tawanna Turner, however, they divorced in 2013. Allen has fathered five children.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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1 Comment

  1. Lowry Shank

    February 24, 2017 at 4:43 pm

    hahahahahah!!!!!!!

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Athletes

Roger Federer Net Worth

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Roger Federer was born on 8 August 1981, in Basel, Switzerland to Robert and Lynette Federer, the latter’s South African descent entitling Federer to hold both Swiss and South African citizenship. Roger is perceived by many to be the greatest tennis player of all time, and this title could well be deserved both in successes on the court and maintenance at the highest level, plus his sporting personality rarely equalled in professional sportspeople.

So just how rich is Roger Federer? This outstanding professional tennis player is estimated to have a current net worth of $420 million, increasing momentarily as he continues to play most weeks of the year, and annual prize money plus endorsements can approach $100 million.

Roger Federer Net Worth $420 Million

Roger Federer first became interested in tennis when he was still a child. Starting school at six years of age, he quickly became the best tennis player in his age group. Eight years later he became the national age group champion, and was sent to train at the Swiss National Tennis Centre in Ecublens.In 1998 he won the ITF junior singles tournament and became the ITF Champion of the Year. After that his career skyrocketed. As of mid-2015, the Swiss-born athlete holds the record for ranking in the ATP No. 1 position for 237 consecutive weeks (from 2004 to 2008), and in total 302 weeks. The tennis icon has appeared in 25 Grand Slam finals and won seventeen of them. He has broken numerous records playing in these tournaments, including the record for 10 consecutive finals, and has acheived a Grand Slam of titles, plus jointly holding the record of seven Wibledon titles (with Pete Sampras) and five US titles (with Sampras and Jimmy Connors). During his long career, Federer has won over 80 tournaments in total, and it has been reported that he has won more prize money than any other player, although this is difficult to establish as values constantly change in comparison with previous champions.

Roger Federer also earns a great deal of money from his endorsement contracts. He has signed long-term deals with Nike, Rolex, Wilson and Credit Suisse, and recently he decided to collaborate with champagne brand Moet & Chandon. In addition to being one of the best-paid athletes out there, his endorsement contracts are just as impressive, as he receives $40 million every year just from his sponsors! According to Forbes, he holds # 8 place in a list of 100 top-earning celebrities as of 2013. But despite his huge financial success and celebrity status, Roger Federer does not hold back when it comes to helping those in need. In 2003 together with his mother he established the Roger Federer Foundationin order to help disadvantaged people and promote a healthy lifestyle. He was also one of the most active celebrities to participate in organizing charities raising money for the victims of the Indian Ocean earthquake in 2004 and Haiti earthquake in 2010.

He is fluent in Swiss-German, German, French and English languages. Like all men in Switzerland, Federer was supposed to serve in the Swiss army, but in 2003 he was released from this duty because of continuous back pain. Roger Federer, who is often called Maestro, is married to the former professional tennis player Miroslava Vavrinec. They met at the 2000 Sydney Olympics where she was competing as well. Due to a foot injury she retired from professional sports and now manages her husband’s public relations. In 2009 the couple married in Basel , and has two sets of twins – twin boys and twin girls.

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Athletes

Tiger Woods Net Worth

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Eldrick Tont “Tiger” Woods was born on 30 December 1975 in Cypress, California USA, of part-Chinese, and African- and Native- American (father) and Thai (mother) descent. He is one of the the world’s highest earning sportsmen, a  professional golfer who was ranked number one in the world for a total of 545 weeks between in 1997 and 2010, and then for another 60 weeks in 2013-14, the most of any golfer, and during which period he won 119 tournaments on the PGA and European tours.

So just how rich is Tiger Woods? Regardless of the fact that Woods’ divorce from ex-wife Elin Nordegren (former Swedish model), cost him $100 million dollars – including $54.5 million in mortgage payment finalised in January 2016 – authoritative sources estimate that Tiger’s net worth is now still over $770 million, accumulated from golf prize money of around $160 million, and the rest from endorsements during a 20 year career, totalling overall more than $1.3 billion.

Tiger Woods Net Worth $770 Million

Encouraged by his father Earl, Tiger became a child golfing prodigy, already at the age of 3 putting against comedian Bob Hope.  He was called on TV shows and published in Golf Digest magazine. He won age group events around the world from the age of eight, and being a 15 year-old teenager he became the youngest US Junior Amateur champion. He was educated at Western High School, Anaheim, but golf was his priority, and at 20 (1996), he became  the first in golf history to win three consecutive US Amateur titles, while (apparently) studying at Stanford University.

Tiger then turned professional, and immediately signed multi-million dollar contracts with famous companies such as Nike and Titleist. Next year Woods won his first ‘major’, the US Masters, and achieved number one world ranking, the youngest and the fastest to get to that position. The list of his winnings is endless and achievements too many to mention, but apart from aforementioned 79 victories in the USA and Europe – only Sam Snead has won more(82) – he has won two Japan Golf Tour events, an Asian Tour event, one PGA Tour of Australasia event, as well as 21 titles as an amateur. Of particular significance is that Tiger has won 14 ‘major’ titles, second only behind Jack Nicklaus(18), which has included the ‘grand slam’ of golf three times. In addition, he had been awarded PGA Player of the year 11 times and the Byron Nelson award eight times. There can be no doubt that Tiger Woods has earned his net worth.

Woods is considered the most successful player of all times, partly because of his winning record, but also because he is the first and the only golfer to have earned more than a billion dollars. This fortune was made not only by playing golf, but also by signing very lucrative contracts with companies such as Rolex, General Motors, American Express, and Gatorade apart from Titleist and Nike, and becoming an ambassador for Gillette. Moreover, the  businesses of Tiger Woods Foundation which promotes golf, and Tiger Woods Design which is involved with golf courses development, are also very profitable. The athlete is a published writer with “How I Play Golf” as well, which has brought him steady income from 1.5 million copies sold. He has also written a column for the magazine “Golf Digest’ – presumably both added to his net worth.

Following his very public divorce from Elin Nordegren who he married in 2004 – they divorced in 2010 and have two children – also involving details of infidelity over the years,  Tiger Woods dated Olympic Games skiing gold medallist Lindsey Vonn for a couple of years, but apparently no more. He was raised a Buddhist, and professes to still follow the teachings.

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