Actor Arnold Schwarzenneger Is Worth Over $1 Billion Thanks To Smart Investments from myunsw mail Watch Video

⏲ Duration: 17:9
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✓ Published: 13-Jun-2024

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The Terminator earned half a billion at the box office but even more from early bets on everything from California real estate to a now $718 billion investment firm.<br/><br/>From the very beginning, Schwarzenegger put his cash to work. Soon after arriving in California in 1968, he used his bodybuilding, along with extra income from his side hustles – laying bricks with friend and fellow bodybuilder Franco Columbo, and a mail-order business selling fitness pamphlets – to start buying up apartment buildings in Santa Monica. Thanks to these early real estate bets, Schwarzenegger claims he was a millionaire before getting any major movie roles in the 1970s.<br/><br/>Now at 76, Schwarzenneger is worth an estimated $1 billion. <br/><br/>0:00 Introduction<br/>0:22 Schwarzenneger's Humble Beginnings<br/>1:26 Schwarzenneger Acting Career Fortune<br/>4:00 How Else Did Schwarzenneger Make His Fortune?<br/>6:04 Schwarzenneger's Ohio Mall<br/>7:15 Schwarzenneger's Misses<br/>9:35 Schwarzenneger And Donald Trump<br/>11:16 Schwarzenneger In Politics<br/>12:15 What Kind Of Investor Is Schwarzenneger?<br/>14:54 What's Next For Schwarzenneger?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/jemimamcevoy/2024/05/30/how-arnold-schwarzenegger-became-a-billionaire/?sh=41df6e6b74fb<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.