First on the list of richest bodybuilders is the infamous Arnold Schwarzenegger. Arnold takes the top place with a net worth more than triple his runner up's net worth, at a whopping $300 million. Although he started bodybuilding at the young age of fifteen, Arnold earned his large net worth from a variety of other professions throughout his life. Some of these include being an actor, politician, author, and business investor. What really started off this diverse career of his, was when he won "Mr. Universe" when he was only twenty-years old. This caused his career to take off, and allowed his popularity as a public figure to grow immensely through a ton of magazine features, in addition to producing his own workout videos.
Coming in second on the list of richest bodybuilders is Rich Gaspari. Rich's career was in its peak during the late 1980s and 90s, and many know him by the nicknames "The Dragon Slayer" and "The Itch." Although he was a very successful bodybuilder during his career, and was even inducted into the IFBB Hall of Fame in 2014, he has earned the majority of his net worth through the company he started called "Gaspari Nutrition." Although his is significantly smaller than Schwarzenegger's, Gaspari's net worth still comes close to three times the amount of the third place bodybuilder on this list. Rich's net worth is close to $90 million, easily earning him the second spot on the list.
In third place on the list of wealthiest bodybuilders is a man named Jay Cutler. Jay's net worth of $30 million earns him such a high spot on the list. Cutler is famously known for winning the Mr. Olympia contest, and what makes him really stand out is that he didn't just earn this title once, but four times in total throughout his career. Jay is from Massachusetts, and his career took off in the mid 2000s when many considered him as the best bodybuilder in the IFBB. In addition to his successful career as a bodybuilder, Jay has earned a lot of his wealth because of the company he started called Cutler Nutrition.
Coming in fourth place on the list of the richest bodybuilders is a man known as Triple H. His real name is Paul Levesque, and he has a net worth of close to $25 million. Aside from being one of the most well known bodybuilders, he is also considered to be one of the greatest wrestlers. Most of his wealth comes from the fact that he is so involved in WWE, as both the Executive Vice President of both the creative aspect of the business and a wrestler. In total, to prove his success as a bodybuilder and wrestler, Paul has won a total of twenty-five championships.
The fifth wealthiest bodybuilder in the world is Ronnie Coleman. Ronnie earns his spot so high on the list with a net worth of close to $10 million. Although he is now retired, during the peak of his career, Ronnie won the Mr. Olympia test for a total of eight consecutive years. Although he has one of the most famous and successful bodybuilding careers, he takes fifth on the list for unknown reasons. That being said, he has also made most of his fortune, like the ones before him, by starting his own nutrition company called Ronnie Coleman Nutrition.
Sixth on the list of the richest bodybuilders of all time is Gary Strydom. Gary was actually born in Durban, South Africa, but he is considered one of the best American IFBB bodybuilders. Although he has retired, Gary is still one of the wealthiest bodybuilders with a net worth of around $8 million. Gary has had one of the longest bodybuilding careers lasting over twenty years in the business. He was most popular in the 1980s and 90s but his last competition was actually much later in 2006.
In seventh on the list of the wealthiest bodybuilders is Dexter Jackson. He earns his spot not only for his net worth of $7 million, but because he is so famously known worldwide. He is famous because he has competed in and won more competitions than any other bodybuilder/athlete currently. Although he is now retired as a bodybuilder, during his career he participated in more than eighty competitions professionally, which is an insane number when looking at his other competitors. In addition to winning the title of Mr. Olympia in addition to the Arnold Schwarzenegger Classic a record nine times, Dexter has also earned income through being featured in a variety of magazines.
Coming in eight place on the list of the richest bodybuilders of all time is Lou Ferrigno. During his bodybuilding career Lou earned three of the most challenging competition titles including Mr. America once and Mr. Universe two times. Lou competed as one of the top IFBB competitors of all time, and in addition to this professional bodybuilding career, he earned a living as a fitness trainer and actor in addition. Ferrigno earns his spot on this list with a net worth coming close to a total of $6 million. Some of his popularity and earnings also came from the famous documentary in which he was featured in known as Pumping Iron in 1977, which was what really kicked off his acting career.
In ninth on the list of the richest bodybuilders is a man known as Lee Haney. Lee is famously known for his very successful bodybuilding career as a professional in the IFBB. In addition he is known for being tied to win the Mr. Olympia title the most number of times by an individual in history. Lee is tied for this record with Ronnie Coleman, for winning the title on eight different occasions, and it is what really got him to be inducted into the bodybuilding hall of fame once he retired. His net worth is just over $5 million, earning his spot on the list of the richest of all time.
Tenth on the list of the richest bodybuilders of all time is Phil Heath. With a net worth of $5 million, he can't come close to comparing his wealth to Arnold Schwarzenegger, however, he can compete with him when it comes to what he does best, and that's bodybuilding. Phil is currently tied with Arnold in terms of winning the title of Mr. Olympia on seven different occasions throughout his career. He has famously held this title beginning in the year 2011, and that is why he has earned the nickname "Gift" throughout the bodybuilding and fitness community. In addition Phil has earned a lot of his wealth through a variety of magazine features and movies/documentary appearances and releases.
Although Arnold Schwarzenegger is the richest bodybuilder of all time, he has been retired from professional competitions for a while. More recently, the highest paid bodybuilder has been the infamous Ronnie Coleman who has won the Mr. Olympia title a record eight times. More recently, it has been released that Phil Heath will continue competing in bodybuilding competitions, making him the most likely highest paid bodybuilder that is not retired.
The average amount that bodybuilders make annually is all dependent on where they compete or are living throughout their career. For example, a bodybuilder who is competing professionally in California would make more than someone who would be competing in Florida. That being said the amount that winning bodybuilders make on average is between fifty to eighty thousand dollars each year. For the bodybuilders competing at the highest levels, their annual income is higher because they will add in better and more expensive sponsorship deals as well as other public appearances.
Bodybuilders can make their money through a variety of different ways. To begin, most bodybuilders start by making money through the different monetary prize amounts that are gifted to the top titles in different professional competitions. In addition, bodybuilders can earn money through brand sponsorships, guest appearances, fitness videos, and even through other professions like acting.
Arnold Schwarzenegger is so much wealthier than the other richest bodybuilders of all time because of the wide variety of other professions he has taken part in throughout his different careers. In addition to being a very successful bodybuilder, his acting career is what earned him a lot of his net worth. With a net worth of close to $300 million, he is one of the most recognizable faces around the world.