Andre Agassi’s Net Worth: Charity & Investments

Eight-time grand slam-winning tennis player Andre Agassi has a net worth of $175 million and is considered one of the greatest players of all time.

The American tennis legend is imminent for winning the gold medal in the 1996 Atlanta Olympics.

He has multiple grand slam titles; 4 Australian Opens, 2 Wimbledon, a French Open, and a US Open to his name.

Agassi is the solitary male player ever to win a “Career Super Slam”( all four majors, Olympic Gold, and at least one ATP title).

He had a world #1 ranking in 1995 and later in 1999 when he enjoyed the most successful time of his career.

However, his successful career had a dent caused by personal issues and injury problems, restricting his on-field records.

Quick Facts

Let us find out some facts about the tennis veteran Andre Agassi.

Andre Agassi: Net Worth and Income

Andre Agassi created his enormous net worth of $175 million primarily by playing tennis. His various business ventures and endorsements have also added to his wealth.

He has collected career earnings amounting to $30 million and further earns $25 million from sponsorship deals.

Agassi’s most successful year financially as a professional was in 2003, when he earned $2.5 million in prize money.

He had made $7 million from a racquet sponsorship contract with Belgian makers Donnay.

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Andre Agassi: Cars and Houses

Cars

Andre Agassi owned a Vector W8, which had gained huge fanfare in the 90s.

It is a supercar with a 650-horsepower twin-turbocharged Chevy V8 and a top speed of 242 mph.

Agassi returned the hand-built car after it broke down, and he was refunded the full $455,000.

Agassi also owns a Humvee, a suitable vehicle for extreme conditions, with the ability to operate on 4 flat tires and an in-built air compressor.

Private Jet

Agassi has a 10-seater Lockheed JetStar 731 private jet with letters on tails reminiscing his first Grand Slam title victory at Wimbledon (N-792AA).

Houses

Agassi currently resides in Summerlin, Las Vegas, which consists of a tennis court.

He grew up in Las Vegas in a 3000 sq feet ranch-style home with a tennis court. It was, however, put up for sale in 2018 for $750 thousand.

Agassi had bought a 6000 sq feet home in Las Vegas for $2 million in 1997 before his wedding with Brooke Shields.

The house has four bedrooms and a guest.

In 2001, he bought a 10,000 sq foot home in Tiburon, California, for $23 million. The residence featured spas, swimming pools, a hot tub, a cold plunge, etc.

He later sold the property in 2007 for a loss of $20 million.

Andre Agassi: Lifestyle and Vacations

Lifestyle

Andre Agassi is the man associated with making tennis “cool.” His stylish and colorful clothing, shoes, headbands have made him a fashion icon.

He used to wear Trinity Pendant earrings during his playing days.

Agassi had to go through a dark period of crystal meth usage, a period where his career was in freefall.

He has a lifetime agreement with Head racquets and uses their Radical brand of racquet whenever he plays tennis.

Agassi has a sponsorship deal in place with Nike and is regularly seen in their apparel.

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Vacations

In 2019, he visited the St Regis Punta Mita Resort, where he spent a weekend doing spa treatments, tasting Mexican delicacies, watching sunsets, etc.

He had also been in Miami Beach with his family in 2011, where he was pictured chilling and making sandcastles.

Agassi was on vacation in 2012 in Sardinia, Italy, with his family. They enjoyed their time on a yacht chatting up and taking pictures.

Andre Agassi: Charity

Agassi has been touted as the most charitable athlete of his generation.

His Andre Agassi Charitable Foundation has raised over $60 million and worked with jeopardized children in Nevada. Also, it funds a K-12 charter school.

Through his foundation, Agassi donated $720,000 to help to build the Andre Agassi Cottage for Medically Fragile Children.

He initiated the Andre Agassi College Preparatory Academy in 2001 and made a personal donation of $35 million to the school.

Agassi has opened the Turner-Agassi Charter School Facilities Fund, an initiative for social change that concentrates on moving charter schools into permanent campuses.

His Boys & Girls Club oversees 2,000 children throughout the year, providing academics and athletics training.

Moreover, he supports Child Haven, the only residential facility for abused and neglected children in Las Vegas.

Agassi also participates in charity matches, with his 2010 outing partnering Rafael Nadal being the most prominent one.

Movies, Politics, Endorsements, Investments, and Book Publications

Movies and Media

Andre Agassi has appeared in the popular animated series The Simpsons in 2001 and the TV series Mad About You in 1994.

He has been featured on the cover page of People Weekly(US) in 1998 and 2009.

Agassi was amongst the major cast in 2017’s Love Means Zero, a documentary about his complicated relationship with former coach Nick Bollettieri.

He was featured in 2011’s Top Spin 4 video game developed by 2K Czech.

His name has been used as the title for multiple tennis games such as Andre Agassi Tennis and Agassi Tennis Generation.

Politics

Agassi also contributed to American politics by donating more than $100,000 to Democratic candidates and $2,000 to Republic candidates.

However, he revealed that he did not support any specific political ideology in his 2010 appearance in The Brian Lehrer Show.

Endorsements

Agassi re-signed a $100 million deal with Nike in 2013. He also signed a deal with Adidas in 2005.

He also appeared in television commercials for Kia, Canon, American Express, Genworth Financials, Longines, Nintendo, etc.

Investments

Agassi has bolstered his net worth over the years by operating several restaurants, nightclubs, resorts, and furniture stores.

He bought a 10% stake in Nevada First Bank for $1 million in 1999 and sold it for $11 million to Western Alliance Bancorp in 2006

Agassi formed a company with his wife called Agassi Graaf Holdings.

The company had bought shares in a nightclub called PURE in Caesars Palace, which was opened in 2004, and them in 2010 to Angel Management Group.

In 2006, they struck a deal with high-end furniture maker Kreiss Enterprises and launched a furniture line called Agassi Graf Collection.

Besides, they have created Agassi-Graf Tennis and Fitness Centers in collaboration with Steve Case’s exclusive resorts.

Agassi has created a line of fitness equipment partnering with his longtime trainer Gil Reyes, BILT by Agassi and Reyes.

He has also been appointed to be a board member of Meadows Bank and invested in start-ups backed by Allen & Company.

In 2012, Agassi and Graf, with other investors, decided to build a water park named Wet ‘n’ Wild in Las Vegas with a 49% stake.

Book Publications

Agassi released Open: An Autobiography, a memoir written in co-operation with JR Moehringer in 2009, discussing his challenging childhood and struggles in tennis.

The book was met with roaring critical acclaim and reached no. 1 on the New York Times bestseller list.

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Andre Agassi: Career

In 1986, Andre Agassi turned professional as a 16-year-old, and he won $2 million in prize money within the next two years.

He formed one of the greatest tennis rivalries with Pete Sampras and trailed him 14-20 in their overall career meetings.

He won the Davis Cup representing the United States in 1990, 1992, and 1995 and Olympic gold in 1996.

His grand slam breakthrough came in the 1992 Wimbledon, where his impressive performances also won him the BBC Overseas Sports Personality Award.

His only doubles title came in the 1993 Cincinnati Masters while partnering with Petr Korda.

In 1998, he underwent a rigorous conditioning program.

He resurrected his career after injury, leading him to become the first male player to capture all 4 grand slams on three different surfaces (grass, clay, and hard court).

Agassi officially retired in 2006 and has since been involved in a coaching role to current world no 1 player Novak Djokovic.

3 Facts about Andre Agassi

Agassi’s father forced him to hit 2500 tennis balls a day by the age of 6, with the balls being served to him through a ball machine at 100mph.

Andre Agassi is a fan of Nike. During his 1993 wrist surgery, he had asked his surgeons to make Nike’s “Swoosh” logo from the cut they made.

The famous blonde hair that Agassi wore in the 1990s was actually a wig! He revealed this fact in 2009 and attributed it to his first grand slam final loss as he was worried about it falling off.

Social Media Presence

Andre Agassi is active in social media, where he posts about his activities, endorsements, and career.

Twitter – 397.3k followers

Instagram – 274k followers

Facebook – 591k followers

Quotes

FAQs

What is the net worth of Steffi Graaf?

Andre Agassi’s wife Steffi Graff’s net worth is $30 million.