| Category | Information |
|---|---|
| Net Worth | $25 million |
| Salary | Largest salary was $240,000 in 1975 and 1976 |
| Birthdate | February 5, 1934 |
| Birthplace | Mobile, Alabama |
| Gender | Male |
| Height | Not specified |
| Profession | American baseball player and businessman |
| Nationality | American |
What is Hank Aaron’s Net Worth?
Hank Aaron, a legendary American baseball player and businessman, had a net worth of $25 million at the time of his death in January 2021. Throughout his career, Aaron achieved great success and left a lasting impact on the sport.
Highlights
Hank Aaron, also known as “Hammerin’ Hank,” played 23 seasons in Major League Baseball from 1954 to 1976. He broke Babe Ruth’s all-time home run record by hitting his 715th career home run on April 8, 1974. Aaron ultimately retired with a total of 755 home runs, a record that stood for several decades before being surpassed by Barry Bonds. He also holds the record for the highest number of RBIs (runs batted in) in baseball history, with 2297.
Aaron was elected to the Baseball Hall of Fame in 1982, his first year of eligibility, with an impressive 97.8% of the vote. He won a World Series in 1957 and was a 24-time All-Star. Throughout his career, Aaron had a lifetime batting average of .305 and accumulated 3771 hits.
Early Life
Hank Aaron was born on February 5, 1934, in Mobile, Alabama. He grew up in Toulminville, Alabama, in a family of eight children. Aaron faced the challenges of living in a racially segregated society during his youth.
As a teenager, Aaron played for the Mobile Black Bears semipro team before being signed by the Indianapolis Clowns of the Negro league in 1952. In June of that year, he was signed by the Braves.
Career
With the Braves, Aaron initially played for a farm team in Wisconsin. He made his professional debut in 1955 and quickly established himself as a talented player. He won the Rookie of the Year award and continued to excel in the following seasons. Aaron was named the National League MVP in 1967 and played a crucial role in the Braves’ victory over the Yankees in the World Series that year.
During his MLB career, Aaron primarily played as a right fielder but also occasionally appeared as an infielder. In his last two seasons, he transitioned to the designated hitter position. Aaron retired with impressive career statistics, including a lifetime batting average of .305, 3771 hits, and 2297 RBIs. He also won three Gold Glove Awards for his exceptional fielding skills.
Personal Life
After retiring from baseball, Hank Aaron held various positions in the front office for the Atlanta Braves. He was a senior vice president for the organization and played an active role in the team’s management. Aaron also pursued a successful business career, particularly in the auto industry. He owned several car dealerships across Georgia, selling brands such as BMW, Mini, Land Rover, Toyota, Hyundai, and Honda.
Apart from his professional achievements, Aaron was actively involved in charitable activities. He established The Hank Aaron Chasing the Dream Foundation, through which he donated a significant portion of his Coca Cola endorsement money. Aaron received numerous honors, including induction into the Wisconsin Athletic Hall of Fame and the Presidential Medal of Freedom. He was also named a Georgia Trustee by the Georgia Historical Society.
Net Worth Over Time
Hank Aaron’s net worth of $25 million at the time of his death highlights the financial success he achieved throughout his career. Despite not having significant endorsements during his home run record chase, Aaron later received support from influential figures, such as Clarence Avant, who advocated for endorsements that would make him financially secure.
Components of Net Worth
Aaron’s net worth primarily consisted of his earnings from baseball, notably his salaries as a player. His largest salary was $240,000, which he earned in both the 1975 and 1976 seasons. Adjusted for inflation, this amount equals approximately $1.2 million per year in today’s value. Over his career, Aaron earned a total of $2.12 million, equivalent to around $10 million after adjusting for inflation.
Additionally, Aaron’s successful business ventures in the auto industry contributed to his net worth. As the owner of multiple car dealerships selling popular brands, he diversified his income and established a stable financial foundation.
Hank Aaron’s net worth exemplifies his financial achievements as both a baseball player and a businessman. Throughout his life, he used his wealth to support charitable causes and make a positive impact beyond the world of sports.