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Verne Gagne Net Worth

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Laverne Clarence Gagne's Net Worth as of 2024
$1.5 Million

Laverne Clarence Gagne was born on 26 February 1926, in Corcoran, Minnesota USA, and was a professional wrestler, wrestling trainer and promoter, best known to have been the owner of the American Wrestling Association (AWA) being head of the company until it folded in 1991. All of his efforts have helped put his net worth to where it was prior to his passing in 2015.

How rich was Verne Gagne? As of early-2017, sources inform us of a net worth that was at $1.5 million, mostly earned through a successful career in professional wrestling. He held the AWA World Heavyweight Championship 10 times and holds the record for the longest combined reign as a world champion. All of these achievements ensured the position of his wealth.

Verne Gagne Net Worth $1.5 million

At the age of 14, Verne left home after his mother died, but attended Robbinsdale High School and excelled in numerous sports including wrestling. He won various championships while wrestling for his school, and was also named to the All-State football team. He was recruited to become part of the University of Minnesota, and played there for one year, but then enlisted with the Navy Underwater Demolition Team, although later returning to the university. There he played as an amateur wrestler and won two titles. He also became part of the US freestyle wrestling team as an alternate during the 1948 Olympic Games. He also joined the National Football League (NFL) and was drafted by the Chicago Bears in the 16th round of the 1947 NFL Draft, but was forced to make a decision between wrestling and football, and since wrestling paid higher at the time, that settled the matter.

In 1949, Gagne started wrestling professionally and made his debut in Texas. A year later, he would win the National Wrestling Alliance (NWA) Junior Heavyweight title. In 1953, he won a Chicago version of the championship, and started to become one of the most popular names on television, increasing his net worth somewhat. He continued wrestling for the promotion in the 1950s, but in 1960 he focused on his own promotion, establishing the AWA and quickly becoming the top star of the promotion. He won the AWA World Heavyweight Championship, going on to win the title nine more times throughout his career. He had one of the longest title reigns in history, holding the belt from 1968 to 1975 with only two other people in wrestling history to hold a belt for a longer time. He feuded with other popular wrestlers such as The Crusher, Ray Stevens, and Larry Hennig, but lost a lot of wrestlers to the WWF after Vince McMahon decided to go national and make his company one of the largest in North America. AWA tried to compete by getting national exposure as well, however, disagreements with ESPN made it difficult for the company. In the 1980s, a lot of wrestlers would shy away from the company, and in 1991 it folded.

In 2009, Verne was inducted into the WWE Hall of Fame by his son, making him one of only six people to have been inducted in the Professional Wrestling, WWE, and WCW halls of fame.

For his personal life, it is known that Gagne was married to Mary until 2002, with whom he had two children. He was later diagnosed with Alzheimer’s disease, apparently mainly caused by the head injuries he received throughout his career. He passed away in 2015 at the age of 89.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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Athletes

Tiger Woods Net Worth

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Eldrick Tont “Tiger” Woods was born on 30 December 1975 in Cypress, California USA, of part-Chinese, and African- and Native- American (father) and Thai (mother) descent. He is one of the the world’s highest earning sportsmen, a  professional golfer who was ranked number one in the world for a total of 545 weeks between in 1997 and 2010, and then for another 60 weeks in 2013-14, the most of any golfer, and during which period he won 119 tournaments on the PGA and European tours.

So just how rich is Tiger Woods? Regardless of the fact that Woods’ divorce from ex-wife Elin Nordegren (former Swedish model), cost him $100 million dollars – including $54.5 million in mortgage payment finalised in January 2016 – authoritative sources estimate that Tiger’s net worth is now still over $770 million, accumulated from golf prize money of around $160 million, and the rest from endorsements during a 20 year career, totalling overall more than $1.3 billion.

Tiger Woods Net Worth $770 Million

Encouraged by his father Earl, Tiger became a child golfing prodigy, already at the age of 3 putting against comedian Bob Hope.  He was called on TV shows and published in Golf Digest magazine. He won age group events around the world from the age of eight, and being a 15 year-old teenager he became the youngest US Junior Amateur champion. He was educated at Western High School, Anaheim, but golf was his priority, and at 20 (1996), he became  the first in golf history to win three consecutive US Amateur titles, while (apparently) studying at Stanford University.

Tiger then turned professional, and immediately signed multi-million dollar contracts with famous companies such as Nike and Titleist. Next year Woods won his first ‘major’, the US Masters, and achieved number one world ranking, the youngest and the fastest to get to that position. The list of his winnings is endless and achievements too many to mention, but apart from aforementioned 79 victories in the USA and Europe – only Sam Snead has won more(82) – he has won two Japan Golf Tour events, an Asian Tour event, one PGA Tour of Australasia event, as well as 21 titles as an amateur. Of particular significance is that Tiger has won 14 ‘major’ titles, second only behind Jack Nicklaus(18), which has included the ‘grand slam’ of golf three times. In addition, he had been awarded PGA Player of the year 11 times and the Byron Nelson award eight times. There can be no doubt that Tiger Woods has earned his net worth.

Woods is considered the most successful player of all times, partly because of his winning record, but also because he is the first and the only golfer to have earned more than a billion dollars. This fortune was made not only by playing golf, but also by signing very lucrative contracts with companies such as Rolex, General Motors, American Express, and Gatorade apart from Titleist and Nike, and becoming an ambassador for Gillette. Moreover, the  businesses of Tiger Woods Foundation which promotes golf, and Tiger Woods Design which is involved with golf courses development, are also very profitable. The athlete is a published writer with “How I Play Golf” as well, which has brought him steady income from 1.5 million copies sold. He has also written a column for the magazine “Golf Digest’ – presumably both added to his net worth.

Following his very public divorce from Elin Nordegren who he married in 2004 – they divorced in 2010 and have two children – also involving details of infidelity over the years,  Tiger Woods dated Olympic Games skiing gold medallist Lindsey Vonn for a couple of years, but apparently no more. He was raised a Buddhist, and professes to still follow the teachings.

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Athletes

Roger Federer Net Worth

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Roger Federer was born on 8 August 1981, in Basel, Switzerland to Robert and Lynette Federer, the latter’s South African descent entitling Federer to hold both Swiss and South African citizenship. Roger is perceived by many to be the greatest tennis player of all time, and this title could well be deserved both in successes on the court and maintenance at the highest level, plus his sporting personality rarely equalled in professional sportspeople.

So just how rich is Roger Federer? This outstanding professional tennis player is estimated to have a current net worth of $420 million, increasing momentarily as he continues to play most weeks of the year, and annual prize money plus endorsements can approach $100 million.

Roger Federer Net Worth $420 Million

Roger Federer first became interested in tennis when he was still a child. Starting school at six years of age, he quickly became the best tennis player in his age group. Eight years later he became the national age group champion, and was sent to train at the Swiss National Tennis Centre in Ecublens.In 1998 he won the ITF junior singles tournament and became the ITF Champion of the Year. After that his career skyrocketed. As of mid-2015, the Swiss-born athlete holds the record for ranking in the ATP No. 1 position for 237 consecutive weeks (from 2004 to 2008), and in total 302 weeks. The tennis icon has appeared in 25 Grand Slam finals and won seventeen of them. He has broken numerous records playing in these tournaments, including the record for 10 consecutive finals, and has acheived a Grand Slam of titles, plus jointly holding the record of seven Wibledon titles (with Pete Sampras) and five US titles (with Sampras and Jimmy Connors). During his long career, Federer has won over 80 tournaments in total, and it has been reported that he has won more prize money than any other player, although this is difficult to establish as values constantly change in comparison with previous champions.

Roger Federer also earns a great deal of money from his endorsement contracts. He has signed long-term deals with Nike, Rolex, Wilson and Credit Suisse, and recently he decided to collaborate with champagne brand Moet & Chandon. In addition to being one of the best-paid athletes out there, his endorsement contracts are just as impressive, as he receives $40 million every year just from his sponsors! According to Forbes, he holds # 8 place in a list of 100 top-earning celebrities as of 2013. But despite his huge financial success and celebrity status, Roger Federer does not hold back when it comes to helping those in need. In 2003 together with his mother he established the Roger Federer Foundationin order to help disadvantaged people and promote a healthy lifestyle. He was also one of the most active celebrities to participate in organizing charities raising money for the victims of the Indian Ocean earthquake in 2004 and Haiti earthquake in 2010.

He is fluent in Swiss-German, German, French and English languages. Like all men in Switzerland, Federer was supposed to serve in the Swiss army, but in 2003 he was released from this duty because of continuous back pain. Roger Federer, who is often called Maestro, is married to the former professional tennis player Miroslava Vavrinec. They met at the 2000 Sydney Olympics where she was competing as well. Due to a foot injury she retired from professional sports and now manages her husband’s public relations. In 2009 the couple married in Basel , and has two sets of twins – twin boys and twin girls.

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