The Ultimate Guide to John Elway’s Amazing Net Worth Revealed in 2021
Introduction:
John Elway is a former professional American football quarterback who played for the Denver Broncos from 1983 to 1998. Elway’s legendary career with the Broncos earned him several accolades and cemented his place as one of the greatest quarterbacks of all time. After retiring from football, Elway transitioned to a successful career in business and has amassed an incredible net worth. This guide will explore John Elway’s amazing net worth, how he earned his fortune, and how he continues to grow his wealth.
Professional Football Career:
John Elway’s professional football career spanned 16 seasons and garnered him numerous accolades, including two Super Bowl Championships, nine Pro Bowl selections, and being named the league’s Most Valuable Player in 1987. Over the course of his career, Elway earned a total of $60 million in salary, making him one of the highest-paid players of his time and contributing significantly to his net worth.
Entrepreneurship Ventures:
After retiring from football, John Elway found success as an entrepreneur, owning numerous car dealerships across Colorado and California. As the CEO of Elway Dealerships, he expanded his businesses, and his net worth expanded with it. Today, his dealerships generate millions of dollars in revenue each year.
The Denver Broncos:
In 2011, John Elway returned to the Denver Broncos as the executive vice president of football operations, a position he still holds today. During his tenure, the Broncos have won five AFC West titles and won Super Bowl 50, bringing in millions of additional revenue for the team and further contributing to Elway’s net worth.
Real Estate Holdings:
Like many affluent individuals, John Elway has invested heavily in real estate. He owns multiple luxury properties, including a $7 million home in Malibu, California, and a $4.6 million home in Cherry Hills, Colorado.
Brand Endorsements:
John Elway has been a spokesperson for several brands over the years, including Nationwide Insurance, Dannon yogurt, and the Jim Click Automotive Team. A single endorsement deal with a major brand can bring in millions of dollars, further increasing Elway’s net worth.
The John Elway Foundation:
In 1987, John Elway founded The John Elway Foundation, a non-profit organization dedicated to helping children in need. The Foundation has raised millions of dollars over the years, and Elway’s philanthropic efforts have undoubtedly contributed to his net worth in a different way – through the happiness and good will of others.
Personal Investments:
John Elway has invested in numerous start-ups and private companies, including food delivery service Postmates and BikeBar, a mobile bar experience for cycling enthusiasts. These investments have the potential to generate significant returns, further adding to his remarkable net worth.
Conclusion:
John Elway’s net worth is an impressive $145 million, making him one of the wealthiest former NFL players. His outstanding career with the Denver Broncos and continued success in business and philanthropy ventures have brought him an incredible amount of wealth. While his net worth is impressive, it’s clear that his legacy extends far beyond his bank account, as his philanthropic efforts and successful entrepreneurship ventures have made a positive impact on countless lives.
5 FAQs About John Elway’s Net Worth:Q: What is John Elway’s current net worth?
A: John Elway’s current net worth is roughly $145 million.
Q: How did John Elway make his fortune?
A: John Elway made his fortune through his career as an NFL quarterback, entrepreneurship ventures such as Elway Dealerships, and personal investments.
Q: What is John Elway’s philanthropic work?
A: In 1987, John Elway founded The John Elway Foundation, a non-profit organization dedicated to helping children in need.
Q: How has John Elway continued to grow his wealth after retiring from football?
A: John Elway has invested in start-ups and private companies, owned numerous car dealerships, and expanded his real estate holdings.
Q: What is John Elway’s role with the Denver Broncos?
A: John Elway is currently the executive vice president of football operations for the Denver Broncos.