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Actor Arnold Schwarzenneger Is Worth Over $1 Billion Thanks To Smart Investments
Posted
June 5, 2024
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June 5, 2024
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17:09Now PlayingThe Terminator earned half a billion at the box office but even more from early bets on everything from California real estate to a now $718 billion investment firm.
From the very beginning, Schwarzenegger put his cash to work. Soon after arriving in California in 1968, he used his bodybuilding, along with extra income from his side hustles – laying bricks with friend and fellow bodybuilder Franco Columbo, and a mail-order business selling fitness pamphlets – to start buying up apartment buildings in Santa Monica. Thanks to these early real estate bets, Schwarzenegger claims he was a millionaire before getting any major movie roles in the 1970s.
Now at 76, Schwarzenneger is worth an estimated $1 billion.
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