What Is Jon Najarian’s Net Worth?
Jon Najarian, an American businessman and former professional football player, has accumulated a significant net worth over his career. His estimated net worth stands at $50 million. This wealth is derived from his various ventures in the financial sector, including his work as a trader, analyst, and entrepreneur.
Early Life and Education
Born in 1957, Jon Najarian is the son of the renowned Minnesota surgeon, John Najarian. He pursued his higher education at Gustavus Adolphus College, where he earned a degree in art history and design. While specific details regarding his early life and any financial support from his family are not publicly available, his educational background provided him with a foundation for his future endeavors.
Professional Football Career
Najarian’s early career aspirations involved professional football. His dedication and hard work led him to participate in the Chicago Bears’ training camp in 1981. Despite his efforts, he was ultimately cut from the team after the final preseason game, as the Bears opted to keep Mike Singletary on their roster. During his time with the Bears, Najarian earned the nickname “Elvis” from the legendary Walter Payton. While his NFL career was short-lived, it instilled in him a strong work ethic and determination that would serve him well in his future business ventures. Specifics on any signing bonuses or payments received during his brief time with the Bears are not publicly accessible.
Career in Finance
After his football dreams ended, Jon Najarian transitioned to the world of finance, becoming a trader on the Chicago Board Options Exchange (CBOE). This marked a pivotal moment in his career, as he found his passion and aptitude for navigating the complexities of the options market. He became a member of several exchanges, including the NYSE, CME, and CBOT, further solidifying his presence in the trading world. While his initial earnings as a trader are not publicly documented, his success in this field laid the groundwork for his future entrepreneurial endeavors.
Entrepreneurial Ventures
Jon Najarian co-founded Optionmonster.com, an online options trading platform. At Optionmonster.com, he adopted the moniker “DRJ” based on his CBOE floor call letters. While specific revenue figures for Optionmonster.com during its operation are not publicly available, the platform played a significant role in popularizing options trading among retail investors. He also co-founded Trademonster.com, a brokerage firm. Unfortunately, specific financial details regarding the sale of Trademonster are not public knowledge.
Market Analysis and Media Presence
Najarian frequently contributes articles to Optionmonster.com, sharing his market insights and analysis with investors. He also makes regular appearances on CNBC, offering his expertise on market trends and trading strategies. While his specific compensation for these media appearances is not publicly disclosed, they undoubtedly contribute to his overall income and enhance his reputation as a respected market commentator. His insights are often sought after due to his extensive experience in the options market.
Real Estate
Jon Najarian resides in Chicago, Illinois, with his wife, Brigid Najarian. Specific details regarding the exact address or value of his Chicago residence are not publicly available. Information on additional real estate holdings beyond his primary residence is also not publicly accessible.
Personal Life
Jon Najarian is married to Brigid Najarian. Details about their family life and personal investments remain private.