What is Andre Agassi's Net Worth?
Andre Agassi is a retired professional American tennis player with a net worth of $145 million. His career, marked by incredible highs and lows, is a testament to resilience and talent.
Early Life
Andre Kirk Agassi was born on April 28, 1970, in Las Vegas, Nevada. His father, Emmanuel "Mike" Agassi, was a former Olympic boxer from Iran, and his mother, Elizabeth "Betty" Agassi, was American. Andre has three siblings: Rita, Philip, and Tami.
At the age of 12, Agassi won the 1982 National Indoor Boys 14s Doubles Championship in Chicago. By 13, he was playing at Nick Bollettieri's Tennis Academy in Florida, staying as a scholarship student after impressing Bollettieri.
Career
Andre Agassi turned professional in 1986 at the age of 16. He quickly became known for his flamboyant style and powerful baseline play. By 1988, he had already won over $2 million in prize money.
Agassi's career was a mix of triumphs and challenges. His early successes included Grand Slam titles: Wimbledon in 1992, the US Open in 1994, and the Australian Open in 1995. This period also saw him reach the World No. 1 ranking. However, by 1997, personal issues saw his form and ranking drop significantly.
In a remarkable comeback, Agassi regained the No. 1 spot in 1999 after winning the French Open, completing a Career Grand Slam. He continued his dominance by winning the Australian Open in 2000, 2001, and 2003. His rivalry with Pete Sampras was one of the most memorable in tennis history.
Agassi retired on September 3, 2006, after a third-round loss at the US Open, plagued by back problems. By the end of his career, he had won eight Grand Slam titles and an Olympic gold medal in 1996. He remains one of the few players to achieve a Career Grand Slam, winning all four majors on three different surfaces.
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Other Business Ventures
Andre Agassi and his wife Steffi Graf formed Agassi Graf Holdings, investing in ventures like a nightclub at Caesars Palace called Pure, which they sold in 2010. In 2006, they launched a high-end furniture line with Kreiss Enterprises named the Agassi Graf Collection.
Philanthropy
In 2001, Agassi opened the Andre Agassi College Preparatory Academy in Las Vegas. The tuition-free charter school for at-risk children showcased his commitment to education, personally donating $35 million. By 2009, the school boasted a 100% graduation and college acceptance rate.
Agassi also supports Child Haven, a residential facility for abused and neglected children in Las Vegas. His foundation provided $720,000 for the Andre Agassi Cottage for Medically Fragile Children, a facility offering comprehensive care.
Personal Life
Andre Agassi's personal life has included high-profile relationships. He dated Barbra Streisand and was married to Brooke Shields from 1997 to 1999. He married Steffi Graf on October 22, 2001. They have two children, Jaden and Jaz, and reside in Summerlin, Las Vegas.
Agassi founded the Andre Agassi Charitable Association in 1994, assisting Las Vegas youth. He received the ATP Arthur Ashe Humanitarian Award in 1995 for his charitable efforts. His Boys & Girls Club and other programs underscore his commitment to combining athletics and academics for better futures.
Career Earnings
Andre Agassi earned around $30 million in prize money, placing him among the top earners in tennis history. His endorsement deals, however, significantly boosted his income, earning up to $25 million per year through partnerships with Nike, Canon, American Express, and more.
Endorsements
Agassi's charismatic presence made him a marketing favorite. Below are key endorsements:
- Nike: Agassi's initial and iconic sportswear sponsor.
- Adidas: Partnered after a brief hiatus from Nike.
- Head: His racquet sponsor for many years.
- Canon: Featured in the memorable "Image is Everything" campaign.
- American Express, Kia Motors, and Others: Additional endorsements that showcased his broad appeal.
Former Tiburon Mansion
In 2001, Agassi and Steffi Graf bought a $23 million estate in Tiburon, Marin County. They sold it in 2007 for $20 million. The buyer, hedge fund manager Stuart Peterson, later razed the property to construct a new 20,000-square-foot compound, worth significantly more today.
