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Author Topic: Who are some multi-millionaire pro bodybuilders?  (Read 11922 times)
OneMoreRep
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« Reply #50 on: December 29, 2011, 10:46:08 AM »

He's been at it for 18 years. You don't think the man could have earned 10M+ in that time and invested decently?

I don't think so. 

But then again, what do I know, I'm just an overpaid accountant who has done taxes for well over 5 top-tier IFBB pros in the New York City area.

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« Reply #51 on: December 29, 2011, 10:59:25 AM »

There have only been a handful:

Arnold (Made it from Hollywood, not bodybuilding)
Labrada (Supplements)
Gaspari (Supplements)
Dugdale (His personal company)

Remember, you can make up to a million, but after taxes you will soon notice that the guys who made 1 million dollars, walk away with a mere $6-700,000.

If you consider the sum of all their assets combined (Homes, Cars, savings) then yes you might be able to add Jay Cutler and possibly Ronnie Coleman to the list of guys that have earned 1 million dollars.That's it.

"1"

You are way off..................... ........................ ..... Roll Eyes only 1M for ronnie and Jay??
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« Reply #52 on: December 29, 2011, 11:08:57 AM »

You are way off..................... ........................ ..... Roll Eyes only 1M for ronnie and Jay??

Do you guys have any proof to base your assumptions from?  I am going off of things that I have seen in person.  I can be wrong though, I have never dealt with Ronnie Or Jay directly, but judging off of what local guys in New York have made (Martinez, Miller, Kamali), those figures sound way off to me.

You guys aren't buying into the idea that professional bodybuilders are truly millionaires are you?

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« Reply #53 on: December 29, 2011, 11:28:22 AM »

You are way off..................... ........................ ..... Roll Eyes only 1M for ronnie and Jay??

Yup.
Amazes me. Both Ron and Jason made serious money. Especially Jason.

And what was that shit about 35k cars??? If you get Bentley, Escalade, Cayenne, S600 AMG, S55 etc. for 35k I have to seriously reconsider my view of United Socialist America...  Roll Eyes

Someone like Jay wouldn't spend hundreds of thousands on cars if he had just made 1 million. There must be way more!
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« Reply #54 on: December 29, 2011, 11:34:25 AM »

Yup.
Amazes me. Both Ron and Jason made serious money. Especially Jason.

And what was that shit about 35k cars??? If you get Bentley, Escalade, Cayenne, S600 AMG, S55 etc. for 35k I have to seriously reconsider my view of United Socialist America...  Roll Eyes

Someone like Jay wouldn't spend hundreds of thousands on cars if he had just made 1 million. There must be way more!


You guys might all be right, I am not saying that it's impossible, just not probable based off of what I have seen other IFBB pros earn.

Maybe the top 1-2 guys make that kind of money, I am very doubtful of that, but who knows.

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« Reply #55 on: December 29, 2011, 11:43:44 AM »

Bodybuilding is one of the shadiest "sports" when it comes to Money and who gets what.
In Baseball, football, soccer, Basketball, even car racing, you know what the athlete signed for in his contract, you know how much they make per yr...hell, you hear it on ESPN or the local news what some rookie signs for...not bbing...that info is "top secret" Roll Eyes

No one really knows whose making what, how much this or that is...
Or who is getting their take, odd isn't it?
I bet if their were more guidelines and requirments for bbing---ie disclosures on who is making what, what the supp companies get vs their bbers, then we would finally see improvements in bbing contracts and prize money.
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« Reply #56 on: December 29, 2011, 11:56:50 AM »

You guys might all be right, I am not saying that it's impossible, just not probable based off of what I have seen other IFBB pros earn.

Maybe the top 1-2 guys make that kind of money, I am very doubtful of that, but who knows.

"1"

Yea, I'm not saying many of them make serious money (millions that is)

It's obvious Jay especially has some business talent that probably has helped him a lot in cashing it out.
Guy has multiple sponsors, travelling around the world constantly, pretty much only pro pushing himself in mainstream media (well, as much as that's possible for bb), etc.
He has also built huge (again, for bb) fanbase.

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« Reply #57 on: December 29, 2011, 12:05:18 PM »

Don Youngblood
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« Reply #58 on: December 29, 2011, 12:12:05 PM »

I think Nasser is smarter than the average bodybuilder/drugslinger. I think he might be a big invester in a Lab in China making gear and GH. Going big and legal. The Nasser way.

Someone else was telling me this, he's heavily involved with Nordic/Pep/Chen or whatever you want to call him. 
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« Reply #59 on: December 29, 2011, 12:15:01 PM »

I know my good friend Bob Chick is also probably well off due to some great deals he has made over the years with BB.COM, a few supplement companies and the IFBB.

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« Reply #60 on: December 29, 2011, 12:22:05 PM »

If there are any, they did not make their millions from bodybuilding.  Hope that helps.
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« Reply #61 on: December 29, 2011, 12:24:45 PM »

really?.....I wonder where they made those millions, if not bodybuilding
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« Reply #62 on: December 29, 2011, 12:25:31 PM »

really?.....I wonder where they made those millions, if not bodybuilding

g4p...narcotics...steroi ds/gh...other...ventures...
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« Reply #63 on: December 29, 2011, 12:27:32 PM »

If there are any, they did not make their millions from bodybuilding.  Hope that helps.

Finally, someone that speaks the truth.

I didn't want to say it, but some of these guys are truly drinking that coolaid and living the dream vicariously through the lives of their IFBB heroes.

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« Reply #64 on: December 29, 2011, 12:28:05 PM »

Millionaires don't buy/lease fleets of 50K to 250k cars/trucks(like guys like Jay and Ronnie do) and live in a home that isn't close to a million dollars+. It doesn't work that way. Psychologically its impossible. The fact is if they aren't living in million to multi million dollar homes/condo's, then they aren't millionaires and there just playing the role. And even if they did live in million dollar homes, they could still be playing a role. Many do. The homes they live in tell a pretty good story of the amount of money they have. Parking a ferrari in the garage of 400,000 to 600,000 dollar home is pretty retarded. Yet these so called "millionaires" are doing just that.
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« Reply #65 on: December 29, 2011, 12:29:09 PM »

Millionaires don't buy/lease fleets of 50K to 250k cars/trucks(like guys like Jay and Ronnie do) and live in a home that isn't close to a million dollars+. It doesn't work that way. Psychologically its impossible. The fact is if they aren't living in million to multi million dollar homes/condo's, then they aren't millionaires and there just playing the role. And even if they did live in million dollar homes, they could still be playing a role. Many do. The homes they live in tell a pretty good story of the amount of money they have.

Thanks man..

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« Reply #66 on: December 29, 2011, 12:34:17 PM »

Look at Stan Efferding's home. This is a guy who has wealth beyond belief. Jay Cutler would give the devil his soul to have a crib like that.
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« Reply #67 on: December 29, 2011, 01:12:46 PM »

Millionaires don't buy/lease fleets of 50K to 250k cars/trucks(like guys like Jay and Ronnie do) and live in a home that isn't close to a million dollars+. It doesn't work that way. Psychologically its impossible. The fact is if they aren't living in million to multi million dollar homes/condo's, then they aren't millionaires and there just playing the role. And even if they did live in million dollar homes, they could still be playing a role. Many do. The homes they live in tell a pretty good story of the amount of money they have. Parking a ferrari in the garage of 400,000 to 600,000 dollar home is pretty retarded. Yet these so called "millionaires" are doing just that.

Man... Jay's house is well worth over a million.

Prolly lost some value since because of... you know, American economy..
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« Reply #68 on: December 29, 2011, 01:17:05 PM »

Man... Jay's house is well worth over a million

And it must have been closer to 2 millions when he bought it. Prolly lost some value since because of American economics.

Really?

I heard it was well under $800K.  That's just what I heard though..

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« Reply #69 on: December 29, 2011, 01:20:20 PM »

Just curious how Yates is stacking up? He seems to be pretty flush these days.
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« Reply #70 on: December 29, 2011, 01:22:17 PM »

Really?

I heard it was well under $800K.  That's just what I heard though..

"1"

I think someone found "sale ad" of it sum' years ago... It was listed at 1,6 millions

http://forum.bodybuilding.com/showthread.php?t=125274911&page=1


Link for the notification doesn't work anymore apparently...




http://www.celebritydetective.com/Celebrity_Homes_Jay-Cutler-house-Las-Vegas.html
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« Reply #71 on: December 29, 2011, 02:55:25 PM »

I don't think so. 

But then again, what do I know, I'm just an overpaid accountant who has done taxes for well over 5 top-tier IFBB pros in the New York City area.

"1"

"Well over 5?"

Is that like 7? 

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« Reply #72 on: December 29, 2011, 03:00:59 PM »

I've presented you with contest earnings from top two shows only that amount to nearly 2M in earnings. Did I see the checks deposited? No, but I know Jay got 1st or 2nd in every show he entered for 12 years and won the prize money.

Prize money is small peanuts compared to endorsement and guest posings. Now, I'm not saying that the top 10 guys are rich, I'm saying the top 3-4 guys of the last decade (Ronnie, Jay, Dex and maybe Kai) have made plenty of money.

I'd assume Ronnie has a few million, Jay as well and Dex has a few million in shiny rims and Kai has a few million vials of gh in his meat locker.
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« Reply #73 on: December 29, 2011, 03:25:00 PM »

Ronnie
Jay
Lebrada
Arnold
Gaspari
Dennis Wolf
Branch Warren
Nasser
Phil Heath
Dorian Yates
Dexter Jackson
Marcus Ruhl

I'm sure there are more, but the above is who I can confidently say has a Net Worth of over a million dollars.  It may not necessarily come directly from bodybuilding, but between endorsements and various form of income, again, these guys have a networth above 1M.
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« Reply #74 on: December 29, 2011, 03:34:01 PM »

I will concede and say that you guys are probably all correct in your assumption that a large amount of IFBB pros are millionaires.

Who would of known.. Huh ...

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