Ric Flair Net Worth, Life Style and WWE Career

Have you ever wondered how much money the best wrestlers in the world are worth? These athletes have incredible net worths, which include salary and endorsement deals. Explore and learn the secrets behind Ric Flair's incredible wealth and his net worth in 2024.

Known as The Nature Boy, Ric Flair is a former American professional wrestler and manager. He has wrestled for more than 50 years and won the heavyweight title 16 times. What is Ric Flair's estimated net worth?

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Ric Flair Net Worth 2024

In 2024, Ric Flair's net worth is estimated to be approximately $500,000. He earned the money through professional wrestling, pay-per-views, public and media appearances, brand promotion, online entertainment, and other means. Ric Flair earned an astounding $7 million from his shows during his peak.

Ric Flair, a professional wrestler since 1972, is widely regarded as one of the greatest professional wrestlers of all time. He currently competes for the WWE Legends League after being inducted into the Wrestling Hall of Fame in 2008.

Early Life

In Memphis, Tennessee, on February 25, 1949, Richard Morgan Fliehr was born. Luther and Olive Phillips were his biological parents. He was adopted by Kathleen Kinsmiller and Richard Reid Fliehr. He is referred to as Fred Stewart or Fred Demaree in some papers. His adoptive father was finishing up his obstetrics and gynecology residency in Detroit, Michigan, at the time of his adoption. Kathleen, his adopted mother, was a Star Tribune newspaper employee. His adoptive family quickly moved to Edina, Minnesota, after he was adopted.

Flair completed his high school education at Beaver Dam, Wisconsin's Wayland Academy. He played football, ran track, and wrestled for the wrestling team. For a short time, he studied medicine at the University of Minnesota with the goal of becoming a doctor like his adoptive father. He left school to concentrate on his career as a professional wrestler.

Career

On December 10, 1972, Flair debuted in professional wrestling against "Scrap Iron" George Gadaski. After working for Gagne's Minneapolis Boxing & Wrestling Club for a few months at the beginning of his career, he shifted to Charlotte, North Carolina. He started working regularly for Jim Crockett Promotions.

The first NWA World title that Ric won was in 1981. Since then, he has had a very successful career as a wrestler. He later worked for Vince McMahon's WWE, TNA Wrestling, and World Championship Wrestling.

During his whole career, Flair was a major attraction for pay-per-view viewers. Ten times, he was the star of Starrcade. In 1992, he was the star of WrestleMania, the WWF's equivalent. He was the Royal Rumble winner in that same year. He won eight times as the PWI Wrestler of the Year.

He is the first winner of two inductions into the WWE Hall of Fame. His solo career began in 2008, and he participated in The Four Horsemen for the first time in 2012. Flair is inducted into the Professional Wrestling Hall of Fame, the NWA Hall of Fame, and the WON Hall of Fame.

He held the titles of WCW International World Heavyweight Champion and WCW World Heavyweight Championship for the first time. As the first-ever WCW World Heavyweight Champion, he achieved the Triple Crown in Wrestling.

After winning the World Wrestling Federation Championship and the World Tag Team Championship, he won the Intercontinental Championship. In the entire history of professional wrestling, Flair is the only guy who won each of the four titles.

Personal Life

Ric Flair and Leslie Goodman got married on August 28, 1971. They had a boy named David and a daughter named Megan. In 1983, they got divorced. Like his father, David was a professional wrestler. David was employed with WCW between 1999 and 2001.

Flair got married for the second time to Elizabeth Harrell on August 27, 1983. They had two kids: a son named Reid and a girl named Ashley. In 2006, Flair and Harrell were divorced. 2012 saw Ashley sign a contract with WWE as Charlotte Flair. In 2007, Reid, a gifted wrestler from high school, got a developmental contract with the WWE. In March 2013, Reid passed away after a drug overdose caused by a muscle relaxant, heroin and Xanax.

Flair tied the knot for the third time with Tiffany VanDemark on May 27, 2006. She is a competitive fitness athlete. She requested a divorce in 2008. Their divorce was finalized in 2009.

In North Carolina, on November 11, 2009, he got married for the fourth time to Jackie Beems. Flair and Jackie divorced in 2012, and the divorce became official in 2014.

On September 12, 2018, Flair tied the knot for the fifth time in Florida with Wendy Barlow, who is known on WCW as Fifi the Maid. Before getting back together in May 2022, the pair had split up in January 2022.

Ric Flair Wooooo! Wings restaurant was opened in Nashville, Tennessee, in July 2022. In August 2022, the chain opened up shops in six American cities. Along with Mike Tyson, he co-founded the "Ric Flair Drip" cannabis brand under "Tyson 2.0," which debuted in October 2022.

Reason Behind Ric Flair Low Net Worth

When the wrestler's career peaked in the 1990s, he made millions of dollars. But because of his careless lifestyle and financial errors, his net worth has greatly decreased.

He had a lavish lifestyle, buying pricey robes, fancy vehicles, and lavish parties. His decreasing net worth is also linked to pricey divorces, health issues that require high medical expenses, and tax issues.

Flair's taste for luxury has undoubtedly had an influence on everything from his dating style to the amount of money he spends on his women.

Later, he ran into issues with not paying taxes. The IRS discovered in 2000 that he owed the country $870,000 in tax dues, and in order to make up for the losses, the government began to take an important part of his WWE earnings.

According to Ric Flair, his second wife used to waste his money. Flair was then found guilty once more of failing to file taxes between 2016 and 2019. and requested payment to make up for losses.

Flair had a heart attack that same year; his insurance did not cover the cost of his care, which came to about $1.8 million.

Frequently Asked Questions

Q. Has Ric Flair retired from professional wrestling?

Ans: Ric is in his 70s, but he hasn't declared his retirement from the WWE.

Q. Who are the ex-wives of Ric Flair?

Ans: Tiffany VanDemark, Jackie Beems, Elizabeth Harrell, and Leslie Goodman are the wrestler's four ex-wives.

Q. What is the weight of Ric Flair?

Ans: He weighs 110 kg.