As of 2024, the estimated net worth of Karl Malone, the former American basketball power forward, stands at $90 million. Malone had an illustrious career spanning eighteen seasons in the National Basketball Association (NBA) from 1985 to 2003. Widely regarded as one of the greatest NBA players in history, Malone retired as a professional athlete.
He was selected as the 13th overall pick by the Utah Jazz in the 1985 NBA draft and quickly rose to prominence within the team. Malone consistently showcased his reliability, becoming a cornerstone of the Jazz’s performance. In 1988, he earned his first All-Star Game and All-NBA team selections.
Moreover, Malone served as the team captain for the United States in the 1992 and 1996 Summer Olympics. If you’re curious to learn more about his life and net worth, stay tuned as we delve into all the details in this guide.
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Karl Malone Net Worth 2024
Karl Malone, the American former professional basketball player, boasts a net worth of $90 million as of current estimates. This valuation is based on information from various online sources, including Wikipedia, Forbes, and IMDB, which suggest that Malone’s net worth hovers around $90 million.
| Name | Karl Malone |
|---|---|
| Net Worth | $90 Million 💰 |
| Profession | American former professional basketball player 🏀 |
| Monthly Income | $0.5 Million + 💸 |
| Yearly Income | $8 Million + 💵 |
| Position | Power forward |
| NBA Draft | 1985 (Round: 1 / Pick: 13) |
| College | Louisiana Tech (1982–1985) |
| Cars | 2+ 🚗 |
| Watches | 3+ ⌚ |
| Last Updated | 2024 🔄 |
Karl Malone, hailed as one of the wealthiest figures in basketball history, is celebrated as one of the most exceptional power forwards in NBA history. Playing for the Utah Jazz from 1985 to 1999, Malone has amassed considerable wealth. Sources indicate that Karl Malone earns an average of $2 million annually from various business ventures. The bulk of his assets stem from his illustrious NBA career, where Malone earned over $105 million. Thanks to his astute business acumen, he continues to generate around $120 per month.
Karl Malone Net Worth Growth
In 1983, Karl Malone commenced his basketball career with the Utah Jazz, where he played for 17 seasons. During his tenure, Malone earned $104,433,378. Following his stint with the Jazz, Malone joined the Los Angeles Lakers for the 2003-2004 season, earning $1.5 million.
To supplement his income, Malone established a Toyota dealership called Karl Malone Toyota, allowing him to generate an average annual income of over $500,000. Additionally, he earns more than $500,000 each month from this venture.
Karl Malone NBA Salary
| Season | Team | League | Salary |
|---|---|---|---|
| 1985-86 | Utah Jazz | NBA | $225,000 💰 |
| 1987-88 | Utah Jazz | NBA | $835,000 💰 |
| 1988-89 | Utah Jazz | NBA | $1,350,000 💰 |
| 1989-90 | Utah Jazz | NBA | $1,800,000 💰 |
| 1990-91 | Utah Jazz | NBA | $2,260,000 💰 |
| 1991-92 | Utah Jazz | NBA | $2,556,000 💰 |
| 1992-93 | Utah Jazz | NBA | $2,854,000 💰 |
| 1993-94 | Utah Jazz | NBA | $3,081,000 💰 |
| 1994-95 | Utah Jazz | NBA | $3,378,800 💰 |
| 1995-96 | Utah Jazz | NBA | $3,676,000 💰 |
| 1996-97 | Utah Jazz | NBA | $4,657,000 💰 |
| 1997-98 | Utah Jazz | NBA | $5,118,578 💰 |
| 1998-99 | Utah Jazz | NBA | $6,142,000 💰 |
| 1999-00 | Utah Jazz | NBA | $14,000,000 💰 |
| 2000-01 | Utah Jazz | NBA | $15,750,000 💰 |
| 2001-02 | Utah Jazz | NBA | $17,500,000 💰 |
| 2002-03 | Utah Jazz | NBA | $19,250,000 💰 |
| 2003-04 | Los Angeles Lakers | NBA | $1,500,000 💰 |
| Career | (may be incomplete) | $105,933,378 💰 |
Karl Malone Net Worth Growth
| Year | Net Worth (Million) |
|---|---|
| 2024 | $90 Million 💰 |
| 2023 | $82 Million 💰 |
| 2022 | $74 Million 💰 |
| 2021 | $68 Million 💰 |
| 2020 | $62 Million 💰 |
| 2019 | $56 Million 💰 |
Karl Malone Facts
- Karl Malone’ Was born on July 24, 1963, in Summerfield, Louisiana, United States
- Karl Malone’s Height is 2.06 m. (6’ 9”)
- Karl Malone’s Weight is 113 Kg or 249 lbs
- Karl Malone is an American former basketball player
- Karl Malone’s Annual Income is $8 Million +
- Karl Malone’s Net Worth is $90 Million as of 2024
Balance Sheet
| Assets | $30 Million + 💰 |
|---|---|
| Luxury Cars | 2 + 🚗 |
| Luxury Watches | 3 + ⌚ |
| Stock Portfolio | $4 Million + 💹 |
| Luxury Yachts | 1 + 🛥️ |
| Crypto Investments | $7 Million + 💹 |
| Investment | $45 Million + 💼 |
| Royalty Income | $8 Million + 💰 |
| Business Income | $3 Million + 💼 |
| Other Income | $8 Million + 💰 |
| Annual Expense | $0.8 Million + 💸 |
FAQ
Karl Malone’s total net worth is approximately $90 million.
Karl Malone earns an estimated salary of $6 million per year.
Currently, Karl Malone is 60 years old (born on July 24, 1963).
Karl Malone’s height is 2.06 meters (6 feet 9 inches).
Yes, Karl Malone is married to Kay Kinsey.
