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Home Richest Athletes NBA Players

Karl Malone Net Worth

How much is Karl Malone worth?

Jasmine by Jasmine
2021/10/26

Karl Malone is a former American basketball player who has an estimated net worth of $60 million. He is publicly known as the Mailman. From 1985 to 2003, Malone played about 18 seasons in the National Basketball Association (NBA). He created his business.

Karl Malone Net Worth
Karl Malone/Source/Instagram

There are many questions about Karl Malone. So, go through the article to know more about him. Explore how he led him to become a successful basketball player and a multi-millionaire. 

Also, learn some facts, including his biography, education, early life, personal life, and many other things.

How much does Karl Malone earn in a year?

Karl Malone makes around $2 million every year on average through business.

Karl Malone earned most of his assets through the NBA. According to Basketball-Reference, he earned more than 105 million dollars from the NBA. Moreover, as a business person, he makes about 120 thousand dollars every month through different criteria.

How much did Karl Malone make from the NBA?

Karl Malone earned $105,933,378 from the National Basketball Association.

In 1983, Karl Malone started to play basketball for the Utah Jazz team. Besides, he played here for 17 seasons. Moreover, Malone makes 104,433,378 dollars.

Furthermore, before retirement, Malone played in the Los Angeles Lakers team in the 2003-2004 season. From here, he made 1.5 million dollars.

Like other players of the NBA, Greg Anthony, Ben Wallace, Brent Barry, and B. J. Armstrong made a massive amount of money throughout the NBA.

All the income statements Karl Malone made from the NBA have been given below to know better:

SeasonsAmount (US Dollar)
1985-2003104,433,378
2003-20041,500,000
Total105,933,378

What does Karl Malone do now?

Karl Malone is a famous basketball player. However, after his retirement, Malone started his business. Moreover, he appeared on several television shows. Furthermore, Malone is also a professional wrestler. All of his workplaces are full of diversity.

So, all the possible sources of income have been given below to understand better at a glance:

How much does Karl Malone earn from his business?

Karl Malone is an owner of some restaurants called Eskimoe’s ice cream, Teriyaki Grill, and Arby’s fast-food restaurant. Besides, he has a dealership of a Toyota company named Karl Malone Toyota. From here, he makes more than 500 thousand dollars annually on average.

How much does Karl Malone earn from acting?

According to IMDb, Karl Malone acted in many TV shows, including the Greener Grass, Nash Bridges, Static Shock, and many others. From here, he made about 500 thousand dollars.

Biography of Karl Malone

Full NameKarl Anthony Malone
Professional NameKarl Malone
Nick NameThe Mailman
GenderMale
Sexual OrientationStraight
Date of Birth24 July 1963
Place of BirthSummerfield, Louisiana, United States of America
Zodiac SignLeo
Height6 feet 9 inch
Weight117 kg
ReligionChristian
NationalityAmerican
Marital StatusMarried
Wife NameKay Kinsey
Children7
Children NameCheryl, Daryl, Demetress, Kadee, Kylee, Karl Jr, and Karlee
ProfessionFormer basketball player and businessman
Net Worth$60 million

The Early Life of Karl Malone

On 24 July 1963, Karl Malone was born in Summerfield, Louisiana, USA. Besides, he grew up in his hometown. Moreover, he has eight brothers and sisters. Malone was the youngest of them.

Malone’s father’s name was Shedrick Hay, and his mother’s name was Shirley. Shedrick left Shirley and lived with another woman. When Malone was three years old, his father committed suicide.

Malone went to Louisiana high school. Moreover, he completed his graduation at Louisiana Tech University in 1985.

The Personal Life of Karl Malone

On 24 December 1990, Malone married Kay Kinsey. The couple has four children together named Kadee, Kylee, Karl Jr, and Karlee. However, he has three more children from other women. They are Chery, Daryl, and Demetress.

FAQs

Did Karl Malone pay for child support?

Karl Malone was confirmed that he was the biological father of two children in a paternity test. So, the court gave him an order to pay $125 every week. But Karl Malone refused to pay for the child support.

What is the problem with Karl Malone?

According to Buffalo News, Karl Malone impregnated a 13 years old girl named Gloria Bell. During that time, he was studying in a college. Moreover, he refused to pay for child support.

Why did Karl Malone retire?

After playing for the Los Angeles Lakers, Karl Malone became a free agent. He had a knee injury. Moreover, Malone had some personal problems. That is why he retired from the NBA.

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