Hulk Hogan Net Worth 2024

What is Hulk Hogan’s Net Worth and Salary?

Hulk Hogan is an American actor, wrestler and actuality tv star who has a net worth of $25 million. That net worth estimate consists of his Gawker.com settlement which was initially $140 million however was in the end decreased to $31 million, earlier than taxes. That quantity additionally takes into consideration the tens of hundreds of thousands Hulk misplaced as a part of his divorce from ex-wife Linda. During his contentious divorce proceedings with Linda, we discovered that the Bolleas have been price round $30 million in 2009. Hulk was in the end compelled to fork over 70% of the couple’s liquid property, $3 million in money to cowl property settlements and a 40% possession stake in his varied enterprise entities. More particulars on their divorce settlement later on this article. Hulk has additionally admitted that he blew “lots of of hundreds of thousands” on a particularly lavish way of life on the peak of his profession within the Nineteen Nineties.

Hogan was greater than every other particular person the individual accountable for turning skilled wrestling from a regional curiosity into the large “sports activities leisure” enterprise that it’s at the moment. During his heyday within the Nineteen Eighties and 90s, first at Vince McMahon’s WWF (the place he earned as a lot as $1 million to look at Wrestlemanias V and VI) after which later Ted Turner’s rival WCW group he was some of the recognizable figures on the earth and was in a position to department out into tv and movies.

Early Life

Hulk Hogan was born Terry Gene Bollea on August 11, 1953 in Augusta, Georgia. When he was nonetheless a child, the family relocated to Tampa, Florida the place Hulk has referred to as residence ever since. As a youngster his sport of alternative was baseball, and was stated to have attracted skilled huge league expertise scouts as a Little Leaguer, however as with many different skilled wrestlers an harm ended his profession in additional conventional sports activities. He found skilled wrestling at age 16, setting himself on the course that will change his life and your entire wrestling world.

Wrestling Career

Hulk Hogan is most well-known for being an expert wrestler with the WWF (now WWE). Hulk’s reputation peaked within the late 80s and 90s when as many as 30 million individuals would join a WWF pay-per-view occasion like WrestleMania. But his profession in wrestling started below way more modest circumstances, wrestling a match for the CWF promotion in Fort Myers, Florida in 1977, ultimately adopting a masked character often called “The Super Destroyer.” After an area TV host in contrast Hogan favorably to Incredible Hulk star Lou Ferigno, the “Hulkster” character that will make him a star started to take form, but it surely wasn’t till he joined forces with Vince McMahon Sr. in 1979 that he began utilizing the identify “Hogan.” The following 12 months, he started additionally wrestling in Japan whereas nonetheless with the WWF, however after taking the function of Thunderlips in Rocky III (a job that earned him a cool 15 grand in addition to introducing him to an entire viewers who might not have ever watched skilled wrestling earlier than) with out McMahon’s permission he parted methods for the primary time with the WWF. He got here again in 1983 after McMahon’s son took over the corporate with eyes towards extra mainstream success for the game, and he wished Hogan to be the face of the corporate.

It labored, and earlier than too lengthy “Hulkamania” was a worldwide popular culture phenomenon that continued in a single type or one other into the twenty first century.

Acting

Hogan used his reputation to launch an appearing profession. His first movie function was the aforementioned efficiency as Thunderlips in 1982’s Rocky III. In the 80s and 90s Hogan made a number of makes an attempt to make it as a mainstream Hollywood motion star, showing in movies like No Holds Barred, Suburban Commando, and Mr. Nanny. He additionally starred within the TV collection Thunder in Paradise from 1993 to 1995. About a decade later, Hogan succumbed to the pattern of superstar actuality tv with the VH1 collection Hogan Knows Best, that includes him and his family. He additionally made an look in ABC’s The Goldbergs in 2019.

Other Endeavors

Hogan has all the time been a really savvy merchandiser and marketer and has a wide range of completely different companies below his belt. In 1995 he opened up Pastamania, his personal signature pasta restaurant within the Mall of America in Minnesota. It closed after one 12 months.

Hogan has additionally claimed to have been the unique option to endorse what grew to become often called the George Foreman Grill. Instead he selected to endorse a meatball maker. This decision essentially cost Hogan $200 million:

In 2006 he got here out along with his personal vitality drink referred to as Hogan Energy, and someday after {that a} line of frozen cheeseburgers “Hulkster Burgers” started showing on retailer cabinets. In 2012 he opened up Hogan’s Beach, a restaurant in his hometown of Tampa, and after that enterprise relationship dissolved he opened up Hogan’s Hangout in close by Clearwater Beach.

According to the Wrestling Figure Checklist, Hogan has 171 completely different motion figures produced between the Nineteen Eighties and 2010s from varied producers and promotions.

Personal Life

Hulk married Linda Claridge in December of 1983. They have two youngsters collectively, a daughter Brook and a son Nick Hogan. After rumors of Hulk’s infidelity, Linda filed for divorce in 2007. At the time it was revealed that Hogan’s private net worth was $30 million. That’s the identical as round $40 million at the moment. It was additionally revealed that Hulk had invested his cash in a number of companies and actual property round Florida. Hogan nonetheless earns cash from merchandise gross sales and residuals along with his model, Hulk Hogan.

In December 2010, Hulk married Jennifer McDaniel after the couple began courting in 2008. In February 2022, Hogan introduced on Twitter that they’d divorced.

Divorce Settlement

When Hulk and Linda Hogan’s divorce was finalized, he ended up being compelled to pay her 70% of the couple’s liquid property, $3 million in money to cowl actual property settlments plus an ongoing 40% possession stake in his varied companies. In a radio interview in 2011, Hulk admitted that the divorce introduced him primarily to the brink of chapter. Linda didn’t obtain alimony, however she did obtain $7.44 million of the $10.41 million they held in financial institution and funding accounts. She additionally bought to maintain a Mercedes-Benz, a Corvette and a Cadillac Escalade.

He has since managed to make some monetary restoration. In February of 2014, Hulk re-joined the WWE for the primary time in over 5 years and landed a job because the host of WrestleMania. In July 2015, Hulk Hogan was fired from the WWE after a collection of racist feedback have been made public. He was reinstated into the WWE Hall of Fame in 2018. On January 23, 2023, Hogan appeared alongside Jimmy Hart to have a good time the thirtieth Anniversary of Raw at WWE Raw is XXX.

Real Estate

In 1992, Hulk paid $2 million for a waterfront property in Belleair, Florida. They rapidly demolished the prevailing residence and proceeded to spend the subsequent a number of years constructing an opulent mansion that in the end encompassed greater than 17,000 square-feet. Construction was full in 1996. This is the house that viewers noticed between 2005 and 2007 on the fact present “Hogan Knows Best”.

In 2006, maybe in anticipation of their looming separation, Linda and Hulk listed the house on the market for an eye-opening $26 million. Two 12 months later the monetary disaster and actual property downturn struck and by this level the 2 had separated and have been seeking to liquidate property so they might cut up and transfer ahead. In August 2009 the worth was lowered to $13.9 million. The worth was chopped time and again till Hulk lastly accepted $6.2 million in April 2012. That’s $19 million lower than the unique checklist worth.

In 2014, Hulk paid $3 million for a house in close by Clearwater, Florida. In 2016, he paid $1.6 million for the house subsequent door.

Gawker Lawsuit

In 2012, Hulk Hogan had intercourse with the spouse of radio persona Bubba the Love Sponge. Bubba organized to have the encounter secretly filmed with a surveillance digital camera. At some level the web site Gawker.com got here into possession of the intercourse tape. An editor determined to publish a two minute edited model of it on their residence web page. Hulk requested Gawker to take away the video. When they refused, Hulk filed a lawsuit claiming that Gawker had invaded his privateness.

In 2016, a Florida jury agreed with Hulk and determined that the web site ought to pay him a $140 million judgment. Gawker unsuccessfully appealed the judgment. Gawker was compelled into a hearth sale. The firm founder, Nick Denton, filed for private chapter. In November 2016, Gawker settled with Hogan for $31 million.