Net Worth Ranker
What Is Hulk Hogan’s Net Worth?
Hulk Hogan, born Terry Gene Bollea on August 11, 1953, boasts a net worth of $25 million as of February 27, 2025. This figure incorporates the settlement he received from Gawker.com, which, after a series of legal challenges, was reduced to $31 million before taxes. A significant portion of Hogan’s wealth was impacted by his divorce from Linda Hogan. Court documents from those proceedings in 2007 revealed his net worth to be around $30 million at that time.
Hulk Hogan’s Financial Journey and Career Earnings
Hulk Hogan’s financial history is marked by both considerable earnings and significant expenditures. During his peak in the 1980s and 90s, he was a major draw for both the WWF (now WWE) and WCW. While specific contract details from that era are not fully public, it is known that he earned as much as $1 million for appearances at Wrestlemanias V and VI. Hogan himself has stated that he spent “hundreds of millions” on a lavish lifestyle during his career zenith.
In 2012, a turning point occurred when Gawker.com published a video of Hogan having consensual sex with the wife of radio personality Bubba the Love Sponge. Hogan sued for invasion of privacy, initially seeking $100 million in damages. The jury sided with Hogan in 2016, initially awarding him $115 million, later increased to $140 million. Gawker appealed unsuccessfully and eventually settled with Hogan for $31 million in November 2016. The lawsuit was notably funded by PayPal co-founder Peter Thiel, who provided $10 million to support Hogan’s legal efforts.
Hogan’s career began with a match for the CWF promotion in Fort Myers, Florida, in 1977. By 1979 he started using the name “Hogan” after joining forces with Vince McMahon Sr.. A role as Thunderlips in “Rocky III” earned him $15,000. He returned to the WWF in 1983 when McMahon’s son took over the company.
Beyond wrestling, Hogan ventured into acting, with his first role being Thunderlips in 1982’s “Rocky III.” He also starred in films like “No Holds Barred,” “Suburban Commando,” and “Mr. Nanny,” and the TV series “Thunder in Paradise” from 1993 to 1995. His reality TV series, “Hogan Knows Best,” aired on VH1, showcasing his family life.
In 1995, Hogan opened Pastamania, a pasta restaurant in the Mall of America in Minnesota, which closed after one year. He has also claimed to have been the original choice to endorse what became known as the George Foreman Grill. In 2006, he launched his own energy drink, Hogan Energy, and shortly after that, a line of frozen cheeseburgers, “Hulkster Burgers,” began appearing on store shelves. In 2012, he opened Hogan’s Beach, a restaurant in his hometown of Tampa, and after that business relationship dissolved, he opened Hogan’s Hangout in nearby Clearwater Beach. According to the Wrestling Figure Checklist, Hogan has had 171 different action figures produced between the 1980s and 2010s from various manufacturers and promotions.
Divorce Settlement and Real Estate Ventures Affecting Hulk Hogan’s Net Worth
Hulk Hogan’s divorce from Linda Claridge in 2007 significantly impacted his financial standing. As part of the settlement, Linda received 70% of the couple’s liquid assets, $3 million in cash, and a 40% ownership stake in his businesses. Specifically, she received $7.44 million of the $10.41 million held in bank and investment accounts. She also retained a Mercedes-Benz, a Corvette, and a Cadillac Escalade.
In terms of real estate, Hulk paid $2 million in 1992 for a waterfront property in Belleair, Florida. He built a 17,000-square-foot mansion on the site, which was featured on “Hogan Knows Best.” In 2006, the property was listed for $26 million but eventually sold for $6.2 million in April 2012. In 2014, Hogan purchased a home in Clearwater, Florida, for $3 million, and in 2016, he bought the adjacent property for $1.6 million.
Hogan was married to Jennifer McDaniel in December 2010 after more than two years of dating. In February 2022, Hogan announced on Twitter that they had divorced. He married his third wife, yoga instructor Sky Daily, on September 22, 2023.
In February 2014, he re-joined the WWE for the first time in over five years and landed a job as the host of WrestleMania. In July 2015, Hogan was fired from the WWE after a series of racist comments were made public. He was reinstated into the WWE Hall of Fame in 2018. On January 23, 2023, Hogan appeared alongside Jimmy Hart to celebrate the 30th Anniversary of Raw at WWE Raw is XXX.
