Who are the richest bodybuilders? That's a common question asked by aspiring bodybuilders as well as fans of the sport. In order to compete at the highest level bodybuilders will have to treat their sport as a full time job. It takes a lot of time, effort, and sacrifice to be able to walk up on the big stage and compete against other professionals.
Not only are there the countless hours spent in the gym, there's also the time dedicated to proper dieting, supplementation, and also getting enough rest. The bottom line is that a professional bodybuilder needs to dedicate a lot of their time to their sport, so working a job on top of competing is very challenging. The good news is that once a bodybuilder becomes a professional he can win money in competitions, which won't make you rich in most cases but it will help.
The big money really comes into play when a bodybuilder learns to market the fame they achieve from their sport into money making opportunities. These opportunities can include modeling, endorsing products, and also acting. The following are the 5 richest bodybuilders and their worth.
5. Ronnie Coleman : Worth $10 Million
Being an 8 time Mr. Olympia it should come as no surprise that Ronnie Coleman has raked in the prize and endorsement money over the years. Amazingly Mr. Coleman was a police officer when he first got into bodybuilding, and continued to serve as one even after he began to compete at a high level. He would eventually have to give up that career due to the demands of the bodybuilding lifestyle, but given the amount of money he earned through competitions and endorsements it's clear he made the right career choice.
On top of being one of the greatest bodybuilders of all time Mr. Coleman is also an accountant. So that means he's probably managing that wealth quite well and continuing to enjoy the fruits of his labors now that he has retired from competition for several years now.
4. Jay Cutler : Worth $30 Million
It may seem strange that a man who won half as many Mr. Olympia competitions would end up having a greater net worth than the more professionally accomplished Ronnie Coleman. This is where the power of endorsement and marketing yourself becomes so apparent. Jay Cutler did a phenomenal job of using his fame as Mr. Olympia to propel his business interests.
He started his own brand of products, and has also been featured in many DVD workout videos, earning him a lot of cash. While Jay may have come in second place with Ronnie more times than he likes to admit, I'm sure that having three times the net worth of his rival takes the sting out of it quite a bit.
3. Joe Weider : Worth $35 Million
One of the founders and most important figures in bodybuilding history, Joe Weider's name is well known by any that follow this sport. What a lot of fans may not know is that Mr. Weider was also a successful bodybuilder in his younger days. He then went on to found several prominent bodybuilding magazines, and also founded the legendary Mr. Olympia competition.
His business savvy earned him a lot of money over the years, making him one of the wealthiest bodybuilders of all time.
2. Rich Gaspari : Worth $90 Million
Rich Gaspari is another example of a bodybuilder whose fortune far surpasses what you would expect from someone with his success level in the sport. To be clear Rich Gaspari was a tremendous bodybuilder, but he wasn't one of the greatest ever. In fact, he never even won a single Mr. Olympia. So how did he build such wealth? He did it by being a savvy businessman and investing his contest earnings into his own nutrition company, Gaspari Nutrition. This company has done so well that Rich Gaspari is one of the richest bodybuilders of all time, despite never having won on bodybuilding's biggest stage.
1. Arnold Schwarzenegger : Worth $300 Million Plus
Could there have been any other name at the top of this list? When it comes to the richest bodybuilders Arnold Schwarzenegger is in a class of his own. Often considered to be the greatest bodybuilder of all time, Mr. Schwarzenegger would go on to win the Mr. Olympia competition 7 times. Using his earnings he engaged in various business ventures, but his career and earning really took an uptick once he got into the movie making business.
He started out in low budget films that he's probably embarrassed about today, but soon became an international star and action hero. From playing the Terminator, to killing an alien creature in Predator, Arnold Schwarzenegger was without a doubt the biggest movie star in the world during the 90s. He would later go on to become the governor of California, and since his term ended, he returned to his passion of making movies. One of the most iconic figures of our time, Arnold Schwarzenegger's ambition and talent have made him the wealthiest bodybuilder ever.