Arnold Schwarzenegger is the epitome of the self-made man. Everything he touches seems to turn to gold. What’s endearing about this Austrian is that most people are familiar with his career, even dating back to his early days as a bodybuilder.
This is partly due to his sparkling personality. His sense of humor and ability not to take himself too seriously have earned him a fantastic public image. His most famous catchphrase still follows him: “I’ll be back!”
But one question keeps many people up at night: does Arnold Schwarzenegger actually own crypto?
The Rise of Arnold Schwarzenegger #
Schwarzenegger was born on July 30, 1947, in the Austrian village of Thal. In 1964, at the age of 17, he first made a name for himself in the bodybuilding world, winning the title of ‘Junior Mr. Austria’.
The following year, he became ‘Junior Mr. Europe’. After that, the awards kept coming, culminating in six ‘Mr. Olympia’ titles between 1971 and 1980.
This is how the world came to know Schwarzenegger as a muscle-bound phenomenon.
On the Silver Screen #
From 1973 to 1979, he had small roles in films and television series. His big breakthrough came with 1982’s Conan the Barbarian, a film about a muscleman in mythical scenes. This was followed by true blockbusters like The Terminator, Predator, The Running Man, and Total Recall. The always cheerful Austrian didn’t shy away from comedies, starring in films like Twins, Kindergarten Cop, and Junior.
Through his film career, Arnold Schwarzenegger built a fortune. The highly popular actor commanded increasingly higher salaries, with the biggest hits earning him millions of dollars.
The Governator #
Schwarzenegger had more to offer than just acting. At the start of this century, he ventured into politics. Through a fitting recall election, he made a play for the governorship of California. He defeated the incumbent Democrat and served as the state’s Republican governor from 2003 to 2011.
Initially, Schwarzenegger was very popular as a politician. That quickly changed, however, as he achieved little as governor. He promised a lot but allowed California’s debt to balloon enormously. Fortunately, he returned to what he does best: making movies.
Investments and Business Ventures #
Schwarzenegger was already a millionaire by the age of 22. In 1968, he started a bricklaying business and a mail-order company for bodybuilding supplies with a partner. This proved to be a gap in the market.
He was also a co-owner of the Planet Hollywood restaurant chain, alongside Hollywood colleagues Demi Moore, Bruce Willis, and Sylvester Stallone. He sold his stake in 2000, pocketing a substantial sum of money.
With the money earned throughout his career, Schwarzenegger invested a portion in real estate. This property grew to be worth millions of euros over the years.
Schwarzenegger is sitting comfortably. ‘The Terminator’ owns a large and expensive car collection, highlighted by a Bugatti Veyron worth several million euros.
Hasta la vista, baby #
In 1986, he married Maria Shriver, an NBC television journalist and niece of President John F. Kennedy. They had four children. On May 16, 2011, Arnold admitted to having fathered a child with his housekeeper a decade earlier. Following this shocking revelation, his wife decided to leave him.
The divorce was finalized in December 2021. Since Arnold was already quite wealthy by then, the divorce cost him roughly 200 million euros.
What Is Arnold Schwarzenegger’s Net Worth Today? #
All his investments in real estate and other assets have appreciated significantly over the years. He has earned approximately 450 million euros from his films. His current net worth is estimated at 1 billion euros, though exact figures are not known. What might Schwarzenegger say when he looks at his bank account? “Hasta la vista, baby!”
Does This Muscleman Own Crypto? #
Now for the answer to the most important question: does Arnold Schwarzenegger own crypto? In an interview with The New York Times, he gives a clear answer:
I own no bitcoins, dogecoins, or other cryptocurrencies. Like Warren Buffett, I don’t invest in things I don’t understand.