It's been a rough year for the athlete, but at least he has his millions of dollars to ease the pain. 45-year-old Kelly Slater has taken the No. 1 spot on People With Money’s top 10 highest-paid athletes for 2017 with an estimated $75 million in combined earnings.
UPDATE 12/12/2017 : This story seems to be false. (read more)
Kelly Slater tops annual list of highest-paid athletes
In 2015 it looked like the athlete’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Monday (December 11) that Slater is the highest-paid athlete in the world, pulling in an astonishing $75 million between November 2016 and November 2017, a nearly $40 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The American athlete has an estimated net worth of $215 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Slater Burger” chain) in Washington, a Football Team (the “Cocoa Beach Angels”), has launched his own brand of Vodka (Pure Wonderslater - US), and is tackling the juniors market with a top-selling perfume (With Love from Kelly) and a fashion line called “Kelly Slater Seduction”.
The ranking is significant for many Kelly fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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