Professional wrestling may not be viewed as a legitimate sport, but it is physically demanding with WWE wrestlers working over 300 days a year. While the top stars are paid handsomely, keep in mind that wrestlers are not seen as employees of World Wrestling Entertainment. They are independent contractors and their salaries are not guaranteed. Instead, they are paid based on their amount of appearances, how much merchandise they sell and how many pay-per-views are purchased. They also must pay their own travel expenses, hence they spend a lot of their salary over the course of the year.
There’s a saying in the wrestling business, “it’s not what you make, it’s what you save.” Guys you’d expect to see on this list, such as Hulk Hogan or Ric Flair are not worth as much as their long successful careers would lead you to believe. Part of it is money lost in divorces and exorbitant spending.
WWE is the king of sports entertainment, so it’s no surprise that the top 10 wrestlers with the highest net worths are all current or former stars of the company. Not all of them are active wrestlers, but the wrestling business is where they established themselves as superstars and what led them to their fortune.
10. Mick Foley – Net Worth: $15 million
What? This loveable goof is worth $15 million? Well, don’t let the flannel and unkempt hair fool you. This man is the toughest to ever enter the squared circle and probably the wittiest as well.
He was the king of hardcore, having some of the industry’s most brutal matches, and he did it under multiple personas; Cactus Jack, Mankind and who could forget Dude Love? Well, if you ever read Mick Foley‘s work, maybe he can. That’s right, I said read. Foley was the first ever professional wrestler to hit the New York Times Bestseller list. Have a Nice Day was published in 1999, shortly before Foley’s retirement as a full-time wrestler in 2000. In fact, his book debuted at no.3 and was the no.1 bestseller a month later. He’s continued to write since then, and he has also taken up a career in stand-up comedy.
Foley always has a funny story to tell, and his fans are always willing to listen. He’s also learned how to branch out his work to non-wrestling fans due to his charm, sincerity and the fact that his writing skills are far better than what many would expect from a guy who’s been hit in the head too many times to count.