Net Worth
See also: List of richest American politiciansSchwarzenegger's net worth had been conservatively estimated at $100–$200 million. After separating from his wife, Maria Shriver, in 2011, it has been estimated that his net worth has been approximately $400 million, and even as high as $800 million, based on tax returns he filed in 2006. Over the years as an investor, he invested his bodybuilding and movie earnings in an array of stocks, bonds, privately controlled companies, and real estate holdings worldwide, so a more accurate estimation of his net worth is difficult to calculate, particularly in light of declining real estate values owing to economic recessions in the United States and Europe. In June 1997, Schwarzenegger spent $38 million of his own money on a private Gulfstream Jet. Schwarzenegger once said of his fortune, "Money doesn't make you happy. I now have $50 million, but I was just as happy when I had $48 million." He has also stated, "I've made many millions as a businessman many times over."
Read more about this topic: Arnold Schwarzenegger
Famous quotes containing the words net and/or worth:
“The history of literature—take the net result of Tiraboshi, Warton, or Schlegel,—is a sum of a very few ideas, and of very few original tales,—all the rest being variation of these.”
—Ralph Waldo Emerson (1803–1882)
“I looked at my daughters, and my boyhood picture, and appreciated the gift of parenthood, at that moment, more than any other gift I have ever been given. For what person, except one’s own children, would want so deeply and sincerely to have shared your childhood? Who else would think your insignificant and petty life so precious in the living, so rich in its expressiveness, that it would be worth partaking of what you were, to understand what you are?”
—Gerald Early (20th century)