Hulk Hogan's fortune and real estate wealth revealed
The wrestling icon after he suffered a heart attack at his home in Clearwater, Florida, on Thursday, US time.
The sports star is survived by his wife Sky and children Nick and Brooke – who he shared with ex-wife Linda Hogan. He also has two grandchildren, Oliver and Molly.
Hogan's tragic death sees him leave behind a fortune for his family.
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What was Hulk Hogan's net worth?
According to Celebrity Net Worth, Hogan had a net worth of $US25 million ($A37 million) at the time of his death.
The majority of his wealth stems from his wrestling career and many reality television show appearances.
The iconic wrestler had invested his money in several businesses and real estate around Florida.
Hogan still earns money from merchandise sales and residuals with his brand, Hulk Hogan.
However, the athlete lost millions of dollars after his divorce from his ex-wife Linda.
At the time, divorce filings showed that Hogan's net worth was $US30 million ($A45 million).
Hogan was forced to fork over 70 per cent of the couple's liquid assets, $US3 million ($A4.5 million) in cash to cover property settlements, plus an ongoing 40 per cent ownership stake in his various businesses.
In a 2011 radio interview, Hogan admitted that the divorce brought him to the brink of bankruptcy.
Linda did not receive alimony, but she did receive $US7.44 million ($A11.2 million) of the $10.41 million ($A15.7 million) they held in bank and investment accounts.
She also got to keep a Mercedes-Benz, a Corvette, and a Cadillac Escalade.
Hogan admitted that he blew 'hundreds of millions' on an extremely lavish lifestyle at the peak of his career in the 1990s.
Real Estate
In 1992, Hogan bought a waterfront property in Belleair, Florida for $US2 million ($A3 million).
He quickly demolished the home and spent several years building an opulent mansion. Construction was completed in 1996.
The five bedroom residence boasted a gym, a tanning room, a wet bar, a hot tub, a guesthouse, a swimming pool with waterfalls, and two docks along the Intracoastal Waterway.
The estate was featured on his reality show 'Hogan Knows Best', which aired on VH1 from 2005 and 2007.
Hogan and Linda listed the luxurious home in 2006 for an eye-opening $US26 million ($A39 million).
After multiple price reductions, Hogan offloaded the mansion in 2012 for $US6.2 million ($A9.4 million).
In 2012, Hogan snapped up a home in nearby Clearwater, Florida for $US3.3 million ($A5 million), Realtor reports.
The five bedroom estate, which was built in 2009, comes complete with an elevator, fireplace, pool and two spas.
Inside, high ceilings tower over the chic breakfast area, den/office space, family room, elegant dining room, and great room.
The expansive property also boasts a fully-equipped gym that the sports star often used to stay in tip-top shape, a home theatre, and a resort-style pool.
The WWE star also purchased the property next door, which features a much smaller house, for $US1.6 million ($A2.4 million) in 2016.
The properties combined are now worth an estimated $US11.5 million ($A17.4 million).
Hulk Hogan's career
Hulk Hogan, whose real name is Terry Gene Bollea, rose to fame in the 1980s.
He became a larger-than-life figure during his time with Vince McMahon's WWE, then known as the World Wrestling Federation, The US Sun reports.
His influence propelled WWE into a global phenomenon. Hogan's unforgettable ring walks, accompanied by his Real American theme song, thrilled fans and sent arenas into a frenzy.
His iconic act of tearing his bright yellow shirt before a match became a signature move, replicated by his devoted Hulkamania fanbase for decades.
Hogan's fame extended beyond wrestling, with appearances on reality TV, commercials, and films, including Rocky III alongside Sylvester Stallone.
He is remembered for some of WWE's most legendary matches, including his electrifying bout against Dwayne 'The Rock' Johnson at WrestleMania 18 in Toronto's SkyDome, famously billed as 'Icon vs. Icon.'
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News.com.au
a day ago
- News.com.au
Ugly battle for Hulk Hogan's $37m fortune ensues as new wife Sky set to cash in
Hulk Hogan's wife is set to inherit nearly a third of his vast fortune at least in the wake of his death, possibly creating a major rift with his ex-wives and estranged daughter. Hogan and his third wife, Sky Daily, 49, have only been married for two years, but Florida law guarantees her 30% of his estate, whether or not he updated his will or trust before his sudden death on Thursday at 71, The Sun reports. Watch the biggest Aussie sports & the best from overseas LIVE on Kayo Sports | New to Kayo? Join now and get your first month for just $1. In addition to investments and cash accounts, Hogan owned an $18 million mansion in Clearwater, Florida and multiple businesses, and he set up a revocable trust and a personal trust before he died, The U.S. Sun has learned. Florida estate expert and paralegal, June Frederiksen, at the Schofner Law Firm, explained that the WWE wrestler, movie star, and local business owner likely had 'very in-depth estate planning.' 'You set up a trust to protect your assets, so you run everything through the trust,' the expert explained. The trust is meant to avoid his estate ending up in court, having to figure out where assets need to go and if creditors can collect from it. But whether or not his new wife, Sky, was included in his trusts, she still stands to inherit a large portion of his wealth. 'He married Sky two years ago, so he probably updated the trust so she would get a spousal elective share,' Fredricksen said. 'Even if Sky was left out of his estate and he didn't update his trust since they married, she would still get a spousal elective share, which she is entitled to 30% in Florida.' June said someone in the trusts will be named the trustee and they will do whatever the trusts direct for the distribution of Hulk's assets. Things can get dicey, however, if his trusts weren't fully up to date. For example, if there were assets that were not rolled into his trusts, or importantly, if someone contests what is directed in the trusts, there may not be a way to avoid estate court. What's more, Fredricksen said, if his estate battle does end up in court, then the assets become 'susceptible to creditors, and I'm sure he had some creditors.' Hulk had notoriously fallen out with his daughter Brooke Hogan. The two have been estranged for several years, and the WWE star never met his twin grandchildren, Oliver and Molly Gene, who were born in January of this year. 'If Brooke is left out of the will, she can contest it,' and the battle would wind up in probate court, the legal expert explained. Inside Hulk Hogan's $37m fortune Hulk's estimated net worth is $37 million, according to Celebrity Networth. As The U.S. Sun exclusively revealed, Hulk owns a massive Clearwater property worth about $18 million. He owned several businesses in Florida, with Hogan's Beach Shop in 2013 which is still going strong, as well as the restaurant Hogan's Hangout, which is also still open, in Clearwater Beach. The wrestler also owned Real American Beer, which launched last year. Hulk has also appeared in a slew of movies beyond his legendary run with the WWE. Sky's heartbreaking tribute Sky Hogan shared an emotional statement following the sudden passing of her husband on Thursday. In her Instagram post, she expressed her devastation and reflected on his health struggles. 'My heart is in pieces,' she began. 'I wasn't ready for this. He had been dealing with some health issues, but I truly believed we would overcome them. I had so much faith in his strength. I thought we still had more time.' She continued, 'This loss is sudden and impossible to process. To the world, he was a legend … but to me, he was my Terry. The man I loved. My partner. My heart.' Hulk Hogan's final days Hogan had been battling significant health challenges in the months leading up to his death. He underwent neck surgery in May, which required a return to the hospital in June after complications. By mid-year, reports surfaced claiming Hogan was unable to feel his legs or walk without the aid of a cane, with some rumours suggesting he was on his deathbed. However, these claims were denied or downplayed by those close to him. On Thursday morning, Hogan suffered cardiac arrest at his $18 million mansion in Clearwater, Florida. Paramedics arrived following a frantic 911 call and spent 30 minutes attempting to revive him. He was transported to the hospital, where he was pronounced dead. Hulk Hogan's family Hogan was married twice before meeting Sky. His first marriage was to Linda Claridge, with whom he shared two children: Brooke, 35, and Nick, 32. The family starred in the reality series Hogan Knows Best, which aired from 2005 to 2007. Hogan and Claridge were married for 26 years before divorcing in 2009. The following year, he married makeup artist Jennifer McDaniel, though their marriage ended in divorce in 2021. Hogan later married Sky in an intimate ceremony in Clearwater, Florida.
The Advertiser
a day ago
- The Advertiser
Hulk Hogan's ex-best friend blasts late wrestler's wife
Hulk Hogan's former best friend has blasted the late wrestler's wife and friends following his death. The 71-year-old wrestling icon passed away in Florida on Thursday after paramedics were called to his home for a medical emergency. Hulk's former friend, Bubba the Love Sponge, has claimed Hogan's wife Sky Daily and some of his other friends hid the truth about his health issues. Bubba – who fell out with Hogan after a sex tape between Hogan and Bubba's then wife Heather was leaked in 2012 – said on his eponymous radio show: "I can't take away from what I've already said, and what I've already correctly predicted. But I am officially the guy that was the only one telling the truth about Hogan's physical condition. "And that has caused some people to say, 'You know what, Bubba was right.' - No, I wish to God I wasn't right, because being right means we have a dead Hulk Hogan. "I don't know if my telling the truth would be such a big deal if the people like his wife (Sky Daily), Brian Blair, Jimmy Hart, Eric Bischoff, Missy Beefcake and all the other keyboard tough guys were (calling me out). Since mid-June, Bubba had been reporting that the late star was seriously ill and had spent six weeks in the ICU. A representative for Hogan, along with Bischoff and Daily, denied Bubba's report. Hogan had been in and out of hospital in the months before his death. In June, he underwent a four-level Anterior Cervical Discectomy and Fusion – a complex neck surgery. Sky told fans on Instagram at the time he was recovering from the "intense surgery with a long and layered healing process". She said the operation had also affected his vocal cords and required breathing and feeding tubes. Sky added: "He's healing and we're taking it one day at a time with love, strength, and patience." Speaking about his regret over their rift, Bubba told TMZ: "I'm heartbroken to hear of Terry's passing. As everyone knows we had our issues and those issues were mostly my fault. I loved him as a friend while he was with us, and will continue to love his memory as a friend going forward." Hulk Hogan's former best friend has blasted the late wrestler's wife and friends following his death. The 71-year-old wrestling icon passed away in Florida on Thursday after paramedics were called to his home for a medical emergency. Hulk's former friend, Bubba the Love Sponge, has claimed Hogan's wife Sky Daily and some of his other friends hid the truth about his health issues. Bubba – who fell out with Hogan after a sex tape between Hogan and Bubba's then wife Heather was leaked in 2012 – said on his eponymous radio show: "I can't take away from what I've already said, and what I've already correctly predicted. But I am officially the guy that was the only one telling the truth about Hogan's physical condition. "And that has caused some people to say, 'You know what, Bubba was right.' - No, I wish to God I wasn't right, because being right means we have a dead Hulk Hogan. "I don't know if my telling the truth would be such a big deal if the people like his wife (Sky Daily), Brian Blair, Jimmy Hart, Eric Bischoff, Missy Beefcake and all the other keyboard tough guys were (calling me out). Since mid-June, Bubba had been reporting that the late star was seriously ill and had spent six weeks in the ICU. A representative for Hogan, along with Bischoff and Daily, denied Bubba's report. Hogan had been in and out of hospital in the months before his death. In June, he underwent a four-level Anterior Cervical Discectomy and Fusion – a complex neck surgery. Sky told fans on Instagram at the time he was recovering from the "intense surgery with a long and layered healing process". She said the operation had also affected his vocal cords and required breathing and feeding tubes. Sky added: "He's healing and we're taking it one day at a time with love, strength, and patience." Speaking about his regret over their rift, Bubba told TMZ: "I'm heartbroken to hear of Terry's passing. As everyone knows we had our issues and those issues were mostly my fault. I loved him as a friend while he was with us, and will continue to love his memory as a friend going forward." Hulk Hogan's former best friend has blasted the late wrestler's wife and friends following his death. The 71-year-old wrestling icon passed away in Florida on Thursday after paramedics were called to his home for a medical emergency. Hulk's former friend, Bubba the Love Sponge, has claimed Hogan's wife Sky Daily and some of his other friends hid the truth about his health issues. Bubba – who fell out with Hogan after a sex tape between Hogan and Bubba's then wife Heather was leaked in 2012 – said on his eponymous radio show: "I can't take away from what I've already said, and what I've already correctly predicted. But I am officially the guy that was the only one telling the truth about Hogan's physical condition. "And that has caused some people to say, 'You know what, Bubba was right.' - No, I wish to God I wasn't right, because being right means we have a dead Hulk Hogan. "I don't know if my telling the truth would be such a big deal if the people like his wife (Sky Daily), Brian Blair, Jimmy Hart, Eric Bischoff, Missy Beefcake and all the other keyboard tough guys were (calling me out). Since mid-June, Bubba had been reporting that the late star was seriously ill and had spent six weeks in the ICU. A representative for Hogan, along with Bischoff and Daily, denied Bubba's report. Hogan had been in and out of hospital in the months before his death. In June, he underwent a four-level Anterior Cervical Discectomy and Fusion – a complex neck surgery. Sky told fans on Instagram at the time he was recovering from the "intense surgery with a long and layered healing process". She said the operation had also affected his vocal cords and required breathing and feeding tubes. Sky added: "He's healing and we're taking it one day at a time with love, strength, and patience." Speaking about his regret over their rift, Bubba told TMZ: "I'm heartbroken to hear of Terry's passing. As everyone knows we had our issues and those issues were mostly my fault. I loved him as a friend while he was with us, and will continue to love his memory as a friend going forward."
Canberra Times
2 days ago
- Canberra Times
The end of Hulkamania: Inside the rise and fall of a wrestling superstar
"He gave an absolutely electric speech at the Republican National Convention, that was one of the highlights of the entire week. He entertained fans from all over the World, and the cultural impact he had was massive. To his wife, Sky, and family, we give our warmest best wishes and love. Hulk Hogan will be greatly missed!"
