Scottie Pippen, the legendary NBA player, and former Chicago Bulls star, has been making headlines recently due to his impressive net worth. According to Celebrity Net Worth, Pippen’s net worth is estimated to be around $20 million, a figure that has caught the attention of fans and industry experts alike.
Scottie’s Early Life and Career
Scottie Pippen was born on September 25, 1965, in Hamburg, Arkansas. He was the youngest of 12 children in his family and grew up in a small town where basketball was a popular pastime. Pippen’s mother worked in a hospital and his father was a farmer and also worked at a sawmill. Despite his family’s financial struggles, Pippen showed a natural talent for basketball and excelled on his high school team.
After graduating from high school, Pippen attended the University of Central Arkansas where he played basketball for the school’s team. He caught the attention of NBA scouts during his senior year and was eventually drafted by the Seattle SuperSonics in 1987. However, he was quickly traded to the Chicago Bulls, where he would spend the majority of his career and make a name for himself as one of the greatest players in NBA history.
Pippen’s early years in the NBA were marked by his impressive athleticism and versatility on the court, as well as his close partnership with fellow Bulls player Michael Jordan. Together, they would lead the team to six NBA championships in the 1990s, cementing their place in basketball history.
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Pippen’s Net Worth
Scottie Pippen’s net worth of $20 million is a testament to his hard work, dedication, and smart business decisions. Pippen’s wealth comes from a variety of sources, including his successful NBA career, his endorsements and sponsorships, and his various business ventures. During his 17-year NBA career, Pippen earned a total of $109 million in salary alone, which is no small sum. He also earned additional income from endorsements, with deals from major companies such as Nike, McDonald’s, and Coca-Cola.
Scottie’s Business Ventures
It’s not just his earnings from basketball and endorsements that have contributed to his net worth. Scottie Pippen has ventured into several successful business ventures over the years.
One of his most notable endeavors is his partnership with Southern California-based firm, TRU NIAGEN, to create a line of sports supplements. The supplements are aimed at promoting overall health and wellness, while also improving athletic performance.
Pippen has been involved in the development of products, which feature natural ingredients and are free from artificial additives. The line has been well-received by fans of the basketball star and has helped to diversify his business portfolio.
He has also invested in real estate, including a home in Highland Park, Illinois, which he sold for $2.25 million in 2018.
Pippen has also made a name for himself in the world of cigars, having launched his own brand of premium cigars called the “Pippen Cigars” line. The line features a range of high-quality cigars, with each one hand-rolled in the Dominican Republic. Pippen has worked closely with experienced cigar makers to develop the flavors and blends, which have been well-received by fans of the basketball star and cigar aficionados alike.
The line has helped to establish Pippen as a savvy businessman with a keen eye for new opportunities.
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Pippen’s Personal Life
Scottie Pippen has been married twice in his life. His first marriage was to Karen McCollum, whom he met in college.
They got married in 1988 and had two children together, a son named Antron and a daughter named Taylor. However, their marriage was short-lived, and they divorced in 1990. According to Pippen, the pressures of his basketball career and the distance between them caused strain on their marriage.
Pippen later married Larsa Pippen in 1997. The couple met at a restaurant in Chicago and hit it off right away. They have four children together, Scotty Jr., Preston, Justin, and Sophia. Larsa was often seen on the sidelines at Pippen’s games and became a well-known figure in the world of basketball wives.
However, in 2018, after 21 years of marriage, the couple filed for divorce. The reasons for their split are unclear, but there were rumors of infidelity on both sides.
Pippen has also had his share of financial troubles over the years, including a lawsuit against him in 2002 for not paying his bills. While the divorce settlement is not public knowledge, it is believed that Pippen may have had to pay a significant sum to his ex-wife, which could have impacted his overall net worth.
Pippen’s Philanthropic Work
Pippen’s on-court success has been well-documented, but it is his off-court activities that have helped to build his net worth. In addition to his investments and business ventures, he has also been involved in various charitable causes throughout his career.
He founded the Pippen Foundation in 1996, which provides support to children with chronic illnesses and their families. He has also been involved with other charitable organizations, including the Make-A-Wish Foundation.
Despite the ups and downs of his personal life, Pippen remains a beloved figure in the world of basketball. He is widely regarded as one of the best players in NBA history, having won six championships with the Chicago Bulls during the 1990s. He was also a two-time Olympic gold medalist, having represented the United States in the 1992 and 1996 Summer Olympics.
While Pippen’s net worth is certainly impressive, it is worth noting that he is not the richest former NBA player. Many of his contemporaries, including Michael Jordan and Magic Johnson, have much higher net worths, with Jordan’s estimated to be around $1.6 billion. However, Pippen’s net worth is still significant, especially when compared to the average NBA player, who earns around million per year.
Pippen’s success both on and off the court has made him an inspiration to many, and he continues to be a role model for aspiring basketball players around the world. While his net worth is certainly impressive, it is his legacy as a basketball player and a humanitarian that will continue to define him for years to come.