Steve Kerr is an NBA basketball coach and former player from the United States. Steve Kerr’s estimated net worth is $35 million.
But how did he make his money?
The one thing that’s well-known about ultra high net worth individuals (UHNWs) – the folks worth at least $30 million USD – is that virtually ALL of them have some part of their fortune in real estate.
Many of the more famous rich people and “celebrity entrepreneurs” actually got their start in real estate. And that’s great for them! Not so much for us…
See, more millionaires are created during recessions than any other part of the economic cycle. Which is cool, except the last real recession was 2008, when real estate prices were in the tank and you could buy a whole neighborhood with $100,000.
Now, though, real estate prices are through the roof, and interest rates are skyrocketing too. So how does the everyday person start building a massive net worth in an economy like this one?
But for now, let’s dig in a little more about Steve Kerr…
56 years old
September. 27, 1965
Country of Origin:
Source of Wealth
NBA coach and media personality
Steve Kerr is a $35 million net worth retired American professional basketball player and current NBA coach.
Steve was a 14-year NBA veteran. He then worked for the Phoenix Suns as a broadcaster and executive.
He is well renowned for his three-point shooting during his NBA career. He made the Chicago Bulls earn three NBA titles and the San Antonio Spurs to two.
In May of 2014, he became the head coach of the Golden State Warriors. He has three NBA championships to his credit with the players. As a former player, he won five NBA championships.
He was known in NBA history before as the winningest rookie head coach. He is the only NBA head coach to guide his club to 67 wins in three consecutive seasons.
Steve Kerr was born in Beirut, Lebanon, on September 27, 1965. Stanley Kerr, Steve’s grandpa, was an American humanitarian who traveled to Beirut to aid rescued women and orphans who had been victims of the Armenian Genocide.
Malcolm, Steve’s father, was a Princeton student who returned to Lebanon to continue his studies after suffering from a painful bout of arthritis. Malcolm went on to acquire a Ph.D. in Arabic Studies, among other additional degrees.
Malcolm met Ann Zwicker at the American University of Beirut, where they were both students. Steve was the third of four children, born in 1965.
Despite receiving little attention in high school, Steve went on to have a successful university career. He even made the 1986 USA Basketball team, which won the Gold Medal at the FIBA World Championship.
The 1992 Olympic “Dream Team,” which included athletes like Michael Jordan, Charles Barkley, and Magic Johnson, was the final year when major men’s basketball teams were needed to be entirely made up of non-professionals.
The Phoenix Suns chose Steve in the second round of the NBA draft in 1988. In 1989, he was dealt to the Cleveland Cavaliers.
His greatest achievement came while playing with the Chicago Bills. He won three NBA Championships in a row with the Chicago Bulls throughout his career.
During his NBA playing career, his colleague Michael Jordan was notoriously harsh on Steve, going so far as to hit him during a workout. With the San Antonio Spurs, he won two more championships in 1999 and 2003. He also played for Portland Trail Blazers.
Steve Kerr presently holds the NBA record for having the most accurate three-point shot.
He didn’t exactly shake up the NBA, and in his first season, he made just $100,000. After his first season, Kerr was traded to the Cleveland Cavaliers. A few years later, he was traded again, this time to the Orlando Magic.
Steve set the record for most regular season victories by a rookie coach in his debut season. The Warriors won the NBA Championship, owing in large part to superstar Steph Curry. Steve was the first rookie coach to win a NBA finals in his debut season in over 30 years.
Steve Kerr Success Clues
One: We always want the best for us and working hard for it is only the way.
Two: Passion and consistency is the key.
Three: Learning from successful people is a roadmap to success.
Featured Steve Kerr Best Quotes Of All Time! Quotes
"That's life. Nobody wins every time. And whatever happens, happens."
"The future is coming so fast, we can't possibly predict it; we can only learn to respond quickly."
"I never ever gave ownership a thought. My thoughts before I retired were coaching and broadcasting."
"It's one of those records that will stand forever. I really can't imagine anyone touching it."
"I learned that people everywhere are basically the same and have similar goals that we do. They want health and happiness and the opportunity to provide for their families."
"I've been blessed with an amazing group of guys in my first year, I can't believe how lucky I am."
Steve Kerr Events
Stephen Douglas Kerr, usually known as Steve Kerr, is an American former professional basketball player and current coach for the Golden Warriors of the National Basketball Association (NBA).
He has played in the NBA for 14 seasons. He became the team’s success coach in May 2014, and he trained the next basketball players.
He also works with the ‘Phoenix Suns’ as a broadcaster and executive. Steve has won the NBA championship five times.
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