Arnold Schwarzenegger's net worth in 2024

Austrian World Summit 2024 In Vienna - Source: Getty
Austrian World Summit 2024 In Vienna (Source: Getty)

Bodybuilding legend Arnold Schwarzenegger’s larger-than-life characters never cease to amaze fans whenever he chooses to act in a Hollywood movie. Having ventured into various fields throughout his career, Schwarzenegger has earned a massive amount of money. Born on July 30, 1947, he grew up in a small village in Thal, Austria.

Surviving through many hardships in his childhood, Arnold Schwarzenegger started working from a very young age. Watching a ton of movies growing up, he was determined to move to the United States to live the American dream.

Aspiring to be an actor from a very young age, Schwarzenegger figured that his only entry to Hollywood could be through fitness and bodybuilding. Fast forward to 1968, Arnold Schwarzenegger stepped foot on American soil at the age of 21 and won millions of dollars, winning countless hearts.

Arnold Schwarzenegger’s net worth is estimated to be around $1 billion, according to Forbes. Entering America with just a gym bag full of dreams, Schwarzenegger first ruled the bodybuilding scene in America before pursuing his childhood dream of becoming an actor.

Thanks to his massive physique built during his bodybuilding days, Schwarzenegger earned his debut movie in 1970. He played the role of Hercules, but another actor was used to dub his dialogues because of his Austrian accent.

However, Hollywood or bodybuilding was not how Arnold Schwarzenegger made his first million.


How Arnold Schwarzenegger and his best friend became millionaires

Schwarzenegger has been a goal-driven and persistent man since he was a young boy. While many might believe Schwarzenegger made his first million after his entry into the realm of bodybuilding or Hollywood, it was through his smart investment choices that he got to taste his first million bucks.

Due to the low pay in bodybuilding, most athletes find another way to earn money. When Schwarzenegger met bodybuilding icon Franco Columbu in 1965 in Germany, the duo instantly became good pals. Schwarzenegger later helped Columbu get into America as well.

Schwarzenegger instantly recognised Columbu’s talent as a bricklayer and devised a smart plan. The duo started a brick-laying business. Branding themselves as European bricklayers and masonry experts, the duo started earning a decent amount of money from their business venture. Investing this money into real estate, Schwarzenegger earned his first million.

After making their first million together in a foreign land, there was no looking back for the duo. Their friendship continued till 2019, when Columbu breathed his last.

Schwarzenegger and Franco Columbu’s friendship remains one of the most endearing ones in the world of bodybuilding. Enjoying a whopping net worth of $1 billion, Schwarzenegger continues to inspire countless individuals to follow their passion and carve out a niche for themselves.

Quick Links

Edited by Bhargav