The net worth of Charles Barkley is estimated to be around $60 million. He earned most of his wealth from his NBA salary, endorsements, and TV contracts. He also has some investments in education and medical technology. However, he also lost a significant amount of money due to his gambling habit.
Charles Barkley’s life and career
Charles Barkley is a retired American professional basketball player and a current analyst on the television program Inside the NBA. Barkley was born on February 20, 1963, in Leeds, Alabama. He attended Auburn University, where he played college basketball and earned the title of SEC Player of the Year in 1984.
Barkley was drafted fifth overall by the Philadelphia 76ers in the 1984 NBA Draft. He quickly established himself as one of the league’s premier players, earning 11 All-Star selections and being named the NBA’s Most Valuable Player in 1993. He played for the 76ers from 1984 to 1992 before being traded to the Phoenix Suns. Barkley spent four seasons with the Suns, making it to the NBA Finals in 1993. He concluded his career with the Houston Rockets, where he played his final four seasons from 1996 to 2000. Although he did not secure an NBA championship during his career, he was a part of the U.S. national team that won two Olympic gold medals in 1992 and 1996.
Throughout his career, Barkley was known for his outspokenness and entertaining personality, both on and off the court. He was a versatile player, excelling in scoring, rebounding, and passing. Barkley retired from the NBA in 2000 with career averages of 22.1 points, 11.7 rebounds, and 3.9 assists per game.
Following his retirement from basketball, Barkley became a television analyst on the TNT program Inside the NBA, where he is renowned for his colorful commentary and humorous insights. He has also been actively involved in philanthropy, particularly in the areas of education and hunger relief. In 2006, Barkley was inducted into the Naismith Memorial Basketball Hall of Fame.