Wealthiest
Photo of Gilbert Arenas

Gilbert Arenas

Gilbert Jay Arenas Jr. is an American former professional basketball player. In 2022, Gilbert Arenas's net worth is estimated to be $50 million dollars.

March 29, 2022

Words by Matthew Taylor

Gilbert Arenas Net Worth

$50 million

Est. Range $39M - $61M

Medium Confidence

Gilbert Jay Arenas Jr. is an American former professional basketball player who was drafted by the Golden State Warriors with the 31st overall pick in the 2001 NBA draft. He was a three-time NBA All-Star and three-time member of the All-NBA Team. He was nicknamed "Agent Zero" and "Gibby." In 2009, he was suspended for most of the NBA season because of handgun violations. In 2010, he was traded to the Orlando Magic and then waived under the "amnesty clause." He signed with the Memphis Grizzlies for the 2011–12 NBA season.

You vs. Gilbert Arenas

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Richest Athletes

The average salary for athletes in the United States is around $49,143 per year. Not however, if you play in the NBA where the average salary is projected to be around $8 million this year. Even then, though, earnings vary greatly. While some of the top players (we’re looking at you, Stephen Curry) earned over $45 million last year, others didn’t even reach the million-dollar mark.

All sports aren’t created equal though and basketball doesn’t even make the top five highest earning sports. Ice hockey, tennis and soccer stars round out the top three, with athletes in those sports able to build a huge amount of wealth from their appearance fees alone.

Still, there’s always ways for athletes to increase their earnings. UFC fighter Conor McGregor managed to be the top earning athlete in 2021, but a sizeable amount of his income was due the sale of his majority stake in Irish whiskey distiller Proper No. Twelve. However, opportunities for athletes go well beyond business deals.

As is the case with actors, musicians and other celebrities, the golden ticket to building an athlete’s net worth tends to lie in endorsements, sponsorships and selling their name (and often photos) wherever they can. Athletes have to be careful about what they do and say though… more than a few athletes have lost their product endorsements and been dropped by a brand over a scandal or unwise comment.

Buying Power

Gilbert Arenas's net worth of 50 million can buy...

5617x
Nights in the Burj Al Arab Royal Suite
Priced at $8,900
1587x
Rolex GMT Master II
Priced at $31,499
380x
Tesla Model S
Priced at $131,440

Methodology

The Wealthiest Index is a ranking of the world's richest people. In calculating Andre Agassi’s net worth, we strive to provide the most transparent calculations available with detailed analysis of how that Andre Agassi’s fortune was made. Each net worth figure is updated at regular intervals to reflect market movements.

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