Arnold Schwarzenegger's net worth

By   |   Updated 19th April 2022

Arnold Schwarzenegger's Net Worth

The estimated net worth of Arnold Schwarzenegger is $400 million.

Early life

Arnold Schwarzenegger, born on 30 July 1947 in Thal, Austria, was the son of a local police chief.

Education

Arnold Schwarzenegger attended school in Graz, Austria but later on moved to California and enrolled for Business Administration at the University of Wisconsin-Superior which he eventually dropped out of to focus on his acting career.

Family Life

Arnie currently resides in California with his partner Heather Milligan and their 4 children.

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How did Arnold Schwarzenegger build his net worth?

Arnold Schwarzenegger had a massively successful acting career and a term as the Governor of California.

Before his acting career, Arnold used to be famous in the bodybuilding industry. He won the Junior Mr. Europe Contest in 1965 and bagged the Mr. Universe Title four times.

He's instantly recognizable for his acting roles in The Terminator movies, Commando, The Running Man, Predator, and Total Recall, and many more.

However, it might surprise you to learn that the “Austrian Oak” but his wealth through real estate investing.

Arnie arrived in the US with $27,000 to his name from his bodybuilding winnings.

He used the money to leverage a down payment on a $214,000 building, which he flipped for $360,000 the following year.

He reinvested the profits into another 12-unit building, flipping it a few years later to buy a 36-unit property and then a 100-unit building.

Schwarzenegger was an intelligent investor, reinvesting his profits into deals until he had a small real estate empire.

In the 1970s, Arnold was buying up any property he could get his hands on, including apartments, condos, and office blocks.

One of his best deals is purchasing a Santa Monica property for $450,000 and selling the building a year later for $2.3 million.

By the time he was 25, Arnold was already a millionaire. He still has property holdings, mostly in Venice Beach from his times training there as a Mr. Olympia Champion.

Arnold is also a savvy businessman. He has over 100 businesses contributing to his monthly cash flow and net worth.

How has Arnold Schwarzenegger spent his wealth?

The Governator owns a secluded mansion in Pacific Palisades set on 1.75 acres of land. It was put on the market for $15 million in 2021.

He's also thought to own houses in Brentwood, family vacation properties in Sun Valley, Idaho and Hyannis Port, Massachusetts.

And in true Hollywood style, he owns a fleet of vehicles including a Dodge Challenger SRT, numerous Bentley's, a Custom Audi R8, Bugatti Veyron worth $1.9 million. He also owns a M47 Patton Tank.

Arnold Schwarzenegger Quote

Strength does not come from winning. Your struggles develop your strengths. When you go through hardships and decide not to surrender, that is strength.
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FAQs

How rich is Arnold Schwarzenegger?

Arnold Schwarzenegger has a staggering net worth estimated to be $400 million. To put it in perspective, 7,692 people on the average US salary of $52,000 would have to work a whole year to catch up with Arnie's net worth.

Is Arnold Schwarzenegger a millionaire?

Arnold Schwarzenegger is a multi-millionaire many times over.

Is Arnold Schwarzenegger a billionaire?

No, Arnold Schwarzenegger has not joined the billionaires club. Legal and financial issues resulting from his divorce from Maria Shriver haven't helped.

Was Arnie born rich?

Arnold Schwarzenegger was not born into money in Austria. He worked hard for what he has.

Image: Flickr