Wondering how much is the net worth of Ronnie Coleman? Well, check out this article to find out more about Ronnie Coleman’s net worth, endorsements, assets and a lot more below.
One of the most envied giants in the world of professional bodybuilding, Ronnie Coleman has amassed huge wealth through his career, endorsements, and other earning sources.
Before choosing to compete in bodybuilding contests in 2009, Coleman had won several prestigious awards besides the most notable achievements of eight Mr. Olympia records.
How much is the net worth of Ronnie Coleman?
Ronnie Coleman is a professional bodybuilder whose current net worth is $10 million as of 2021.
Ronnie Coleman’s most impressive and monster-sized physique has made him an icon for aspiring bodybuilders.
Ronnie Coleman enjoyed a renowned and revered career in bodybuilding. Though he does not retain his behemoth figure of the early 2000s today, he still packs loads of muscles that can present an awe-inspiring benchmark to an average athlete.
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As per his revelations, he had to work very hard to grow bigger day by day. The amount of fame and wealth he earned during his career as a bodybuilder is a story of inspiration to anyone.
Net Worth of Ronnie Coleman
In 2021, Ronnie Coleman has a net worth of $10 million. His journey as an American professional bodybuilder was a distinguished one as he won the most coveted Mr. Olympia title eight times, which no athletes could even dream of in their lives.
He amassed a sizable part of his wealth from his bodybuilding career. During his very first appearance in the Mr.
Texas bodybuilding competition in 1995 Coleman won both under the heavyweight and overall categories. After winning from the Canada Pro Cup, he too won at the Russian Grand Prix.
Ronnie Coleman had traveled to Australia, China, and Brazil to endorse a number of products as a professional bodybuilder. He also had his own line of food supplements. He has also released a number of training videos.
His outstanding achievements as a bodybuilder were recognized by the Admiral in the Texas Navy Certificate Award from Texas Governor Rick Perry. All these achievements contributed to his net worth.
Ronnie Coleman’s Net Worth Compared With Those of Top 10 Body Builders
Ronnie Coleman’s Sources of Earnings
The majority of Coleman’s earnings are from his bodybuilding profession. Ronnie Coleman also made a sizable income from investments and sponsorships.
He dominated the world of bodybuilding from 1998 to 2006, which contributed to his huge net worth through millions in cash through winnings.
He signed a very lucrative endorsement deal with BSN in 2005. He too started his own products lines in apparel and nutritional dietary supplements.
This direct investment was a decisive factor in augmenting his net worth. In 2011, he sold his Bentley Continental GT for a sum of $112,000 earning a good profit. He had also signed up a deal with Pro World Masters which was worth $20,000.
He too earned money for appearing during gym inaugurations and bodybuilding contests.
Career Highlights of Ronnie Coleman
Ronnie had taken a job with the police force and a colleague of his suggested that he get trained at the Metroflex gym, owned and managed by Brian Dobson, an amateur bodybuilder.
In 1990 Coleman started his bodybuilding training under Dobson for the Texas bodybuilding championship and he won in the heavyweight and overall categories.
1992 saw Coleman debuting with the Mr. Olympia Competition, but could not rank.
1994 found him reentering the Mr. Olympia contest and surging up to secure the 5th position.
In 1995 Coleman won the “The Canada Pro Cup professional bodybuilding competition. His entry into the Mr. Olympia competition positioned him in 10th place.
1996 saw Coleman competing in the Canada Pro Cup and winning it. In this year, he won 6th place in the Mr. Olympia competition.
1997 found Ronnie participating in the Russian Grand Prix and winning it. This year, he secured 9th place in the Mr. Olympia competition.
In 1998, Coleman’s fifth attempt fetched him the Mr. Olympia title
Between 1998 and 2005, Coleman won the Mr. Olympia title 8 times. This achievement enabled him to land on a tie with Lee Harney, who also won this title eight times.
In 2001, Coleman emerged as the first one to win the Arnold Classic and Mr. Olympia competitions in the same year.
2006 saw Ronnie losing the Mr. Olympia title after having retained it over 8 consecutive years.
in 2007 found Coleman securing 4th place in the Mr. Olympia competitions and he decided to retire from bodybuilding competitions.
Movies, Documentaries and Books on Ronnie Coleman
Ronnie Coleman’s indomitable image in the weightlifting and powerlifting domains brought him a huge fan base that considered him a great source of inspiration. As a result, he made his appearances in the visual media and movies.
In 1998, his first DVD film “Ronnie Coleman: The First Training Video” was directed by Mitsuru Okabe and published to inspire the budding athletes with his personal example.
Released in 2001, “Ronnie Coleman: The Unbelievable!!” showed his journey through bodybuilding covering his routine while preparing for the 2000 Mr. Olympia contest.
The DVD show documentary “Ronnie Coleman: The Cost of Redemption” was published in 2003.
His journey through the body-building feat while preparing for the 2006 Mr. Olympia contest was covered by the movie “Ronnie Coleman: Relentless” released in 2006.
The other documentaries released when he was at the peak of his fame were “Ronnie Coleman: Invincible” and “Ronnie Coleman: The Last Training Video.”
In 2018, the documentary titled “Ronnie Coleman: The King” was released. This highly loved film was featured on Netflix also.
Deemed as some of the best sellers in the powerlifting genre, several books were written on him that fetched him a sizable income as royalty. The most famous among them was “Yeah, Buddy! My Incredible Story”, which he himself authored in 2019.
In 2007 Michael Berg wrote a book on him known as “Hard Core: Ronnie Coleman’s Complete Guide to Weight Training” illustrating 50 bodybuilding exercises with his pictures.
Ronnie Coleman’s Endorsements
During his prime years of success in the weightlifting domain, he had monopolized the segment.
Therefore, a lot of companies approached him to endorse their products. After his retirement from weight lifting competitions, he continues to earn from his endorsements. Ronnie Coleman had signed a multi-million dollar contract with BSN.
This was signed during the year 2005 when he had won the Mr. Olympia title six times. This company was manufacturing food supplements for improving the body and performance.
During the 2000s, Coleman had signed endorsement deals with MetX and ABB. He too appeared for some of their commercial documentaries. He adorned the first pages of magazines like Fitness, Muscles, and Flex.
Investments of Ronnie Coleman
Realizing the huge business potential in the nutritional supplement domain, Ronnie Coleman made significant investments to produce his own line of nutritional products and apparel offerings called “Ronnie Coleman Signature Series”.
He too had signed up Joakim Noah and Alex Perris, his coach. His firm produced a line of bodybuilding supplements for both men and women offering categories like proteins and other workout categories.
The apparel business owned by him consisted of several fashion brands and merchandise like tees, shirts and caps that were printed with his catchphrases. He has also created a gym worth $200,000.
Ronnie Coleman’s Houses and Cars
Ronnie Coleman has always cherished a big interest in owning luxury vehicles. A significant portion of his wealth was spent on collecting very expensive cars.
He owned a Roll Royce Ghost worth $312,000. This car could attain a speed of 97 km per hour within 4.7 seconds achieving a maximum speed of 250 km per hour.
One other car seen in his garage was the white Cadillac Escalade ESV, an extended vehicle used for storing and meeting mobility needs. Its fuel tank capacity was 31.0 gallons and it had a torque of 460 lb-ft @ 4100 rpm.
Ronnie also owned Hummer H1, a drive utility vehicle running on four wheels. The price he paid for this rendered in yellow color was $60,000 and is yellow.
The other cars he owned were a silver color Mercedes Benz S55 and a Bentley Continental GT.
Much is not known about his residence. Nevertheless, a documentary released on Netflix observes that he resides in Arlington, Texas.
In an interview, he said he was inclined to make his residence feel like a sanctuary. In his house, he had arranged to bring in all the world-class facilities to support his athletic career.
Per fitness, volt says the cost of his house was $125,000 while he had spent around on creating a state-of-the-art gym attached to the house.
Ronnie Coleman’s Philanthropic Works
Investing in his name and fame in the bodybuilding industry, Ronnie Coleman had been supporting a lot of charity works.
He was always seen as an active member of giving back to the community. His net worth had been channeled into a lot of public works.
He created a charity organization known as “Free the World from Hunger.” This was a non-profit organization with the mission of ending hunger and providing medicines and clean water in places where there is a need.
He also partnered with Noah and Perris for supporting the activities of a non-profit organization called the Noah’s Arc Foundation, to develop self-confidence in children through arts and sports.