Chris Paul is making heads turn both on the court and off it. Chris Paul has a net worth of $160 million. However, he puts that money to good use. Paul and the Chris Paul Family Foundation have made a $1 million commitment to the Boys & Girls Clubs of America and are supporting young children to pick up important skills in after-school programs.
Chris Paul Net Worth 2023
|Net worth||$160 Million|
|Date of birth||May 06, 1985|
|Profession||Professional basketball player|
Does it pay off?
Yes, being a champ on-court pays off – it pays off well in fact! Paul is said to be the third highest-paid player, surpassing LeBron James and James Harden. He is even projected to be the fifth best-paid NBA player by next year. He’s the highest-paid player of the Phoenix Suns this year and is projected to remain the highest-paid player of the Phoenix Suns next year.
Chris Paul net worth
Paul has a net worth of $160 million and an annual salary of $24 million. His player profile is diverse and spread across 4 teams that include New Orleans Hornets, the Los Angeles Clippers, the Houston Rockets. He has even played for the Oklahoma City Thunder since 2019.
Chris Paul net worth in real estate
Most of his net worth comes from real estate. Back in 2012, Chris bought Avril Lavigne’s Bel-Air mansion for $8.5 million. He later sold this home for $8.7 million.
In 2015 he bought a home in Calabasas, CA for $9 million. His next-door neighbor was Khloe Kardashian. He sold this home for $11 million in 2018.
In May 2020, Paul moved to an LA suburb Encino and bought a home for $11.1 million. The two-story building has a separate guest house with an attached five-car garage. This property spans over 12,000 square feet and includes features like a cabana, swimming pool and a sports court for obvious reasons.
In April 2019, Chris went on to buy a mansion for $6.9 million in Houston, Texas. He sold this home in January this year for $7.2 million.
Chris Paul and his ride
Paul fancies cars and you can tell by his car collection that includes the Jeep JKU Wrangler Unlimited, a Range Rover and his classic 1977 Chevrolet Monte Carlo.
Chris Paul net worth in endorsements
His endorsements alone contribute a great deal to his net worth bringing him an income of $8 million. He has endorsed brands like Panini, Nike, Air Jordan, Tissot and State Farm.
His other sources of income
Apart from endorsements and investments, Paul makes regular appearances on television and other events through which he earns significant amounts. Being the NBA Players Association president adds more to his bank account as well—a significant amount!
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All his good work
Chris Paul was named ESPN’s annual Sports Humanitarian of the Year for his impact using sports to build society.
Paul works with a lot of charities, one such is the After-School All-Stars, an organization that partners with schools to provide school learning programs for low-income children. Few of the other organizations include Aid Still Required, Boys & Girls Clubs of America, Girl Up and Make It Right among others.
He runs the CP3 Foundation AKA The Chris Paul Family Foundation, which works towards positively influencing individuals and families in education, sports, and life. The foundation started in 2005 and has made a $1 million commitment to Boys & Girls Clubs across the country.