Net Worth Ranker
What Is Steve Austin’s Net Worth?
As of today, “Stone Cold” Steve Austin, the iconic American actor, producer, and retired professional wrestler, boasts a net worth of $30 million. This substantial wealth reflects his successful career in wrestling, acting, and reality television. Austin’s financial standing is a testament to his enduring popularity and strategic diversification of income streams.
Early Life and Career Beginnings
Born Steven James Anderson on December 18, 1964, in Austin, Texas, Steve Austin’s journey began with a foundation in athletics. His parents, James and Beverly Anderson (née Harrison), divorced when he was about one year old. His mother subsequently moved to Edna, Texas, and married Ken Williams in 1968. He has three brothers and a sister. After graduating from Edna High School, he attended Wharton County Junior College on a football scholarship before receiving a full scholarship to the University of North Texas. This athletic background paved the way for his transition into professional wrestling. In 1989, Austin entered the world of professional wrestling, joining the Dallas Sportatorium where he was trained by Chris Adams. Initially wrestling under his real name, he was later renamed Steve Austin by Memphis booker Dutch Mantell to avoid confusion with “Dr. Death” Steve Williams. This marked the beginning of his ascent in the wrestling industry.
World Championship Wrestling (WCW) and Beyond
In 1990, Steve Austin signed with World Championship Wrestling (WCW), debuting in 1991. During his tenure, he won the WCW World Television Championship on June 3, 1991, defeating Bobby Eaton. He later joined Paul E. Dangerously’s Dangerous Alliance. On April 27, 1992, he lost the WCW World Television Championship to Barry Windham but regained the title on May 23 that year, enjoying a long reign as champion before losing the title on September 2 to Ricky Steamboat. Austin also formed a tag team with Brian Pillman called The Hollywood Blonds in January 1993. Their team won the unified NWA and WCW World Tag Team Championship in March and held the title for five months. Steve would hold the WCW United States Heavyweight Championship twice, winning it once in December 1993 and again in August 1994, when he won the title by forfeit after his opponent Ricky Steamboat was unable to wrestle due to a back injury. However, he only enjoyed his second reign with the title for a few minutes after Steamboat’s replacement, Jim Duggan, beat him in a match that lasted just thirty-five seconds. Despite these achievements, his time with WCW ended in June 1995 when he was fired by Vice President Eric Bischoff due to concerns about his marketability. This setback led him to Extreme Championship Wrestling (ECW), where he developed the “Stone Cold” persona.
World Wrestling Federation (WWF/WWE) Stardom
Steve Austin’s true rise to fame occurred in the World Wrestling Federation (WWF), now WWE. He debuted on the January 8, 1996, episode of “Raw,” where he was awarded the Million Dollar Championship. His career skyrocketed at the 1996 King of the Ring tournament, where he defeated Jake “The Snake” Roberts. His now-iconic “Austin 3:16” catchphrase emerged during this event, becoming a defining moment in wrestling history. This catchphrase became one of the best-selling T-shirts in WWE merchandise history. As “Stone Cold” Steve Austin, his signature move was called the “Stone Cold Stunner.” Between 1995 and 1999, Austin won four federation championships as well as numerous other tag team and individual titles. He was also involved in a feud with Vince McMahon. He officially retired from wrestling in March 2003, although he has continued to appear in wrestling programming in non-wrestling roles, including as a referee. From 2003 to 2004, he was featured as the Co-General Manager and Sheriff of “Raw”.
Acting and Television Career
Beyond wrestling, Steve Austin ventured into acting and reality television. He has made appearances in films like “The Longest Yard” (2005), “The Condemned” (2007), and “The Expendables” (2010). His success in television includes hosting the CMT show “Redneck Island” from 2012 to 2016 and his own competition show, “Steve Austin’s Broken Skull Challenge,” on CMT from 2014 to 2017. These ventures have contributed significantly to his net worth.
Real Estate Investments and Personal Life
Steve Austin’s real estate portfolio has played a role in his financial success. For many years, Austin and his fourth wife, Kristin, split their time between his ranch in Nevada (named the Broken Skull Ranch 2.0) and a home in Marina Del Rey, California. They actually own two side-by-side homes in Marina Del Rey. He bought the first property around 2009. He bought the house next door in 2017 for $1.49 million in an off-market transaction. In April 2021, he sold the Marina Del Rey compound for $3.395 million. He has been married four times. His first marriage to Kathy Burrhus lasted from 1990 to 1992. Austin went on to marry Jeannie Clark (aka Lady Blossom) in 1992. They divorced in 1999. They have two daughters together, Stephanie and Cassidy. Steve was married to Debra Marshall from 2000 to 2003. He married Kristin Feres in 2009.
