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Ric Flair Net Worth

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Ric Flair Net Worth

Name Richard Morgan Fliehr
Gender Male
Date of birth 25th February 1949 (age 73)
Height 1.85m
Nationality American
Marital status Married
Partners
  • Leslie Goodman(1971 to 1983)
  • Elizabeth Harell(1983 to 2006)
  • Tiffany VanDemark(2006 to 2009)
  • Jacqueline Beems(2009 to 2012)
  • Wendy Barlow(2018 to present)
Children 4
Occupation Professional wrestler
Best known as Ric Flair
Net worth $5 million
Social Media Handles Facebook | Instagram | Twitter

What Is Ric Flair’s Net Worth

Ric Flair popularly known as “The Nature Boy” is a retired professional wrestler who has had a great career spanning several decades. With a net worth estimated to be around $5 million, he is considered to be one of the greatest wrestlers of all time.

Flair started his career in the 1970s, wrestling for various promotions such as The American Wrestling Association and the National Wrestling Alliance. His unique ring style and signature catchphrase, “woooo!” made him stand out quickly.

Flair joined the World Wrestling Federation(now WWE) in the 1980s and became one of its top stars. During his time, he won multiple championships and has had many high-profile feuds with wrestlers such as Randy Savage and Hulk Hogan.

Despite his retirement, the Hall of Famer continues to make appearances and work as an on-air personality for various wrestling promotions.

Most of his wealth comes from his long and successful career as a professional wrestler, where he earned millions of dollars in salary and bonuses.

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Personal Life

Richard Fliehr was born on the 25th of February 1949 in Memphis, Tennessee.

Flair is the adopted child of Richard and Kathleen Flierh. The couple had decided to adopt after Kathleen had been unable to get pregnant after birthing their deceased daughter.

Flair was called Richard after his new father instead of his birth name, which is believed to be Fred Philips.

Soon after, the family relocated to Edina, Minnesota, where the young Fliehr spent most of his formative years.

Relationships

Ric Flair has been married five times in his life. He married his first wife, Leslie Goodman, on the 28th of August, 1971.

They were married for twelve years before getting divorced. Flair had two children with Leslie; a daughter Megan and a son David.

Flair’s second marriage was to Elizabeth Harell on the 27th of August, 1983. They had two children; a girl named Ashley and a son, Reid. Their union, which lasted for almost 23 years, ended in divorce in 2006.

Flair wedded his third wife, Tiffany VanDemark, in 2006. She filed for divorce in 2008.

It was finalized in 2009, and in November of the same year, Flair tied the knot with his fourth wife, Jacqueline Beems, also known as “Jackie.” Ric Flair filed for divorce from Beems in 2012.

His fifth wedding with Wendy Barlow took place in September 2018 at a resort in Florida. Wendy, who was known as Fifi, played his “maid” role in WCW. Flair announced their separation on January 2022.

Family

Ric is the father of four children; Megan, David, Ashley, and Reid. Flair’s children followed in their father’s footsteps.

His first son, David, is a retired professional wrestler. David wrestled in the WCW from 1999 to 2001. In preparation for WrestleMania X8 in 2002, David made two televised appearances for the World Wrestling Federation (WWF).

The younger son of Ric Flair, Reid, was a skilled high school wrestler who, along with his sister Ashley and half-sister Megan, had multiple appearances on WCW television before signing a developmental contract with WWE near the end of 2007.

In May 2012, Ashley Flair, going by the ring name Charlotte, joined the WWE. Reid passed away the following year, following a heroin, Xanax, and muscle relaxant overdose.

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Education

Following the ninth grade, Flair spent four years at Wayland Academy in Beaver Dam, Wisconsin, where he competed in interscholastic wrestling, football, and track. Fliehr studied at the University of Minnesota for a short while after graduating from high school.

Career

Flair started wrestling in the World Wrestling Federation(now WWE) during the 1980s where he became a superstar with his stellar skills.

He returned to the National Wrestling Alliance and later joined the World Championship Wrestling, where he held multiple championships and had many memorable matches and feuds.

In 2001, Ric Flair returned to WWE and had a successful career there until 2008. Then he joined TNA Wrestling for a while before he retired from active service.

Highlights 

  • American Wrestling Association (1972-1974)
  • International Wrestling Enterprise (1973)
  • World Championship Wrestling (1974-1991)
  • Becoming the Nature Boy (1974-1981)
  • NWA World Heavyweight Champion (1981-1991)
  • All Japan Pro Wrestling (1978, 1981-1987, 2013)
  • World Wrestling Federation (1991-1993)
  • WCW World Heavyweight Champion (1993-1996)
  • Feud with the New World Order (1996-1999)
  • World Championship Wrestling (1993-2001)
  • WWF co-owner(2001-2002)
  • Evolution (2002-2005)
  • Total Nonstop Action Wrestling (2010-2012)
  • Return to WWE (2012-2021)

Ric Flair’s Earnings Overview

It is presumed that Ric Flair made $700K annually in his prime. Ric Flair’s most recent monthly wage was $35,00

0, according to records.

Flair’s salary in 2012 was presumed to be $35k. In 2011, his monthly earnings from TNA were reported to be $22,000 while the income from WWE was $508,000.

His primary source of income currently comes from the managing services he provides to the wrestling industry. The Nature Boy reportedly made $505,000 a year, according to several websites.

Despite his net worth, Ric Flair has also had his fair share of financial troubles. He filed for bankruptcy twice, once in 2008 and again in 2011.

He has also had several legal issues which include a lawsuit filed by his former management company against him, which led to a settlement.

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Ric Flair’s Houses and Cars

The Hall of Famer has a big collection of vehicles and residences.

Although Ric Flair owns several high-end vehicles, he is frequently spotted driving a black Chevrolet SS. His collection of cars includes;

  • Bentley Arnage T – Approximate worth: $228,990
  • Chevrolet Camaro SS – $36,780
  • Chevrolet SS – $45,745
  • BMW 7-Series – $74,000
  • Porsche Cayenne Turbo – $88,900
  • Mercedes-AMG GT 63 – $136,500
  • Rolls-Royce Dawn – $353,000

He resides in a mansion in Charlotte, North Carolina. The house is a double-story structure with a swimming pool and is estimated to have a real estate worth of $1 million. It covers an area of roughly 5,000 square feet. The manor is his most recognizable asset.

The home which was built in 2006 comprises seven bedrooms, nine bathrooms, a movie theater, a gym, and a pool.

Charity

Ric Flair has taken part in many charity campaigns. He participated in the Covid pandemic’s All In campaign. Additionally, he has contributed to organizations including World Central, Meals on Wheels, Feeding America, and “Kitchen and No Hungry Child”. He also supports the New York Police & Fire Widows’ & Children’s Benefit Fund.

Latest News of Ric Flair

The wrestler was and continues to be thought of as one of the best. He is employed as a professional wrestling manager as of 2023.

Additionally, because he has dabbled in the film industry and appeared in movies and TV episodes like Magic Mike XXL, Baywatch, Nature Boy, and Die, Detective, he occasionally receives calls for other roles.

Ric Flair’s Legal Issues

Following a case of road rage in 2005, Flair was charged with two misdemeanors. In 2010 also, Flair’s previous company, Ring of Honor, sued him, alleging that Flair owed them over $40,000 and that he had broken his contractual obligation to appear at multiple events by failing to show up.

Since the early 1990s, Ric Flair has had several run-ins with the IRS. He received a lien from the IRS in 2000 for almost $870,000 in unpaid taxes. In 2005, the IRS began seizing Flair’s WWE profits. He attributed the problems to Elizabeth, his second wife, and her extravagant spending.

Investments

Flair has an online website where he sells official merchandise to fans. In July 2022, Flair opened the first location of the “Wooo Wings!” virtual restaurant franchise in Nashville, Tennessee.

It bears his trademark ring exclamation as its name. Six American cities received the restaurant’s expansion in August of the same year.

Additionally, Flair partnered with Mike Tyson and Verano Holdings Corp. to launch his cannabis line called the “Ric Flair Drip” under Tyson’s “Tyson 2.0” cannabis brand. The line was launched in Arizona, Nevada, and California in October 2022.

Flair has made considerable money from merchandise sales, business ventures, endorsement deals, and commercials. He has also been featured in films, video games, and TV Shows.

The wrestler has also dabbled in real estate and has several investments in different companies. These ventures have helped to increase his net worth over the years.

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Endorsements

TickPick, a ticketing company based in New York, has a sponsorship deal with Flair. As a way to supplement his income, Ric frequently participates in independent wrestling events. Additionally, he has performed voiceovers, acted, and appeared on the indie circuit. He inked a sponsorship agreement with Adidas in 2019.

Summary

Ric Flair’s net worth is a reflection of his successful career in professional wrestling and his ability to capitalize on opportunities in other areas of entertainment and business.

He is considered a legend in the wrestling world, and his net worth is a testament to his enduring popularity and impact on the industry.

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