Overview

Nathan Chen is an American figure skater widely regarded as one of the greatest in the sport. He was born on May 5, 1999, in Salt Lake City, Utah. Chen is the 2022 Olympic champion, a three-time World champion (2018, 2019, 2021), the 2017 Four Continents champion, and a three-time Grand Prix Final champion (2017, 2018, 2019). He is also a six-time U.S. national champion (2017–22). Known as the ‘Quad King,’ Chen is the first skater ever to have landed five different kinds of quadruple jumps in competition. At the 2022 Winter Olympics in Beijing, he won the gold medal in the men’s singles competition. He is the first Asian American male skater to win U.S., World and Olympic titles. Chen is currently taking time off from competitive skating and is a student at Yale University. He is the author of two books: One Jump at a Time, a memoir; and Wei Skates On, a children’s book.

What Is Nathan Chen’s Net Worth?

As of 2025, Nathan Chen’s estimated net worth is $6 million. This wealth is primarily attributed to his successful figure skating career, amplified by lucrative brand endorsements and strategic advertising partnerships.

Early Life and Career Beginnings

Nathan Chen was born on May 5, 1999, in Salt Lake City, Utah, to Chinese immigrant parents. His early exposure to ice came through his older brothers, who played hockey. He began skating at a young age and entered his first competition in 2003. Between 2007 and 2009, he participated in the US Junior Nationals, securing 10th and 3rd place in the juveniles category, respectively. In 2009, he won the men’s silver medal at the intermediate level.

During the 2009-2010 season, Chen advanced to the novice level and made history as the youngest novice champion at the US Championships. He defended his title the following year before moving up to the junior level, where he again won his division at the US Championships. His junior career continued to flourish with multiple ISU Junior Grand Prix titles and a second US junior title.

Senior Career Achievements and Earnings

Chen debuted at the senior level in 2014, winning the Pacific Sectional Championships. A significant milestone in his career occurred at the US Championships, where he became the first American male skater to land two quadruple jumps in a short program. Shortly after, he further cemented his reputation by landing four quadruples in a long program.

Following a surgery, Chen returned to competition and won gold at the 2016 CS Finlandia Trophy. He also secured a silver medal at the Grand Prix Final that year. In 2017, he continued his winning streak, claiming titles at the US Championships, Four Continents Championships, CS US International Figure Skating Classic, and two Grand Prix titles. 2018 saw him win his second consecutive US title. At the 2018 Winter Olympics in Pyeongchang, he became the first Olympic skater to land a quad flip, although he finished fifth overall in the men’s singles competition after a stumble. He did, however, win a bronze medal in the team event.

Chen rebounded from the Olympics by winning the World Championships in 2018. He continued his dominance by securing his fifth consecutive Grand Prix title and his second Grand Prix Final title. In 2019, he won his third consecutive US title and his second consecutive World title. The following season, he added another Grand Prix Final title to his achievements.

In 2020, Chen won his fourth consecutive US title, although the World Championships were canceled due to the COVID-19 pandemic. Returning to competition in 2021, he made history by winning his fifth straight US title and his third consecutive World title. In 2022, he extended his streak by winning his sixth consecutive US title. At the Winter Olympics in Beijing, he played a crucial role in helping Team USA secure a silver medal in the team event. His success culminated in the men’s singles competition, where he set a world record short program score of 113.97 and an Olympic record free skate score of 218.63, resulting in a combined total of 332.60 and a gold medal.

Prize money from events like the Winter Olympics, World Figure Skating Championships, and Grand Prix series contribute to Chen’s income. While the International Skating Union (ISU) awards prize money, even top placements typically only net a few thousand dollars. For instance, winning a gold medal at a Grand Prix event usually earns a skater around $18,000. The United States Olympic Committee also offers cash rewards such as $37,500 for a gold medal, $22,500 for silver, and $15,000 for bronze.

Endorsements and Sponsorships

Nathan Chen’s financial success is significantly boosted by endorsements. In the year leading up to the 2022 Olympics, *Forbes* estimated that Chen earned at least $1 million from sponsors. He has secured long-term deals with notable brands, including Nike, Toyota, Visa, Comcast, Bridgestone, Grubhub, and Airweave. These endorsements encompass sportswear, equipment, and other consumer products, substantially increasing his annual earnings. In 2023 it was reported that Nathan Chen had signed deals with over 11 major companies like Bridgestone, Comcast, Nike, Toyota, Visa, GrubHub, and Airweave. He is also part of the NFT with game developer nWay.

It is estimated that Chen earned at least $1 million in guaranteed payments from his sponsors in the 12 months leading up to the 2022 Olympics. With a gold medal in Beijing, he likely earned additional bonuses from his brand partners. He also received $37,500 from the U.S. Olympic and Paralympic Committee for his gold medal win in the men’s singles event and $22,500 for his silver medal in the team event.

Other Ventures and Recognition

Beyond skating, Chen has diversified his interests and skills. He is musically inclined, playing both the guitar and piano. Chen enrolled at Yale University as a data science and statistics major. He took a hiatus from Yale to focus on his Olympic preparations but has since returned to continue his studies.

Chen has received numerous honors, including the Athlete Alumni Ambassador Award, the Ron and Gayle Hershberger Award, multiple Michael Weiss Foundation Scholarships, and two Gustave Lussi Awards. In 2020, he was named to *Forbes* Magazine’s “30 Under 30 Sports List.”

He is also a Co-Founder of Filipino Chow. However, how much Nathan Chen typically invests is not publicly known, but the median deal size is also not publicly available.

Net Worth Over Time

While specific year-by-year income statistics are not publicly available, it is estimated that Nathan Chen’s net worth is $6 million as of 2025. A previous estimation stated his net worth at $4 million.

Real Estate and Assets

Specific details about Nathan Chen’s real estate holdings or luxury assets, such as cars and private planes, are not publicly disclosed. His financial success, however, suggests a comfortable lifestyle reflective of his achievements and marketability.

In conclusion, Nathan Chen’s estimated $6 million net worth in 2025 reflects his accomplishments in figure skating, augmented by significant income from endorsements and other ventures.

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