OJ Simpson is an actor and former running back in American football. O.J., who is regarded as one of the all-time great running backs, came to the attention of the world during his trial and contentious acquittal for the killings of his ex-wife Nicole Brown and her friend Ron Goldman.
The majority of his wealth has been lost to gambling and legal bills. However, his fall from grace was as swift as his rise, following criminal charges that led to a significant impact on his personal and financial life.
What is OJ Simpson Net Worth in 2023?
As of 2023, OJ Simpson’s net worth is estimated to be $6 million. The exact amount is hard to find because of the fines and legal fees he had to pay, in addition to losing his source of income from speaking engagements and endorsements.
What Was OJ Simpson Financial Status?
Before the Trial
OJ Simpson spent eleven seasons as a player with the Buffalo Bills, where he was paid a record amount every year. By the time he retired in 1979, O.J. Simpson’s net worth had surpassed $30 million, in addition to his NFL contract and brand endorsements.
When Simpson’s net worth surpassed $38 million in 1981, it reached its highest point. After that, he began losing money annually as a result of excessive luxury spending and gambling. OJ Simpson squandered more than $15 million in the 1980s due to drugs, parties, fancy automobiles, and poker.
After the Trial
O.J. Simpson had a $13 million net worth in 1994 when he went on trial for the murder of his wife. Despite being found not guilty in the case, he has paid over $5 million in legal fees and settlements. The IRS has also mandated that he pay $2 million in overdue taxes.
OJ Simpson’s net worth plummeted to just $3 million by the early 2000s. He was forced from his opulent home after neglecting to pay back the bank mortgage. OJ continued to lose money while trying his luck on TV shows.
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Why Did OJ Simpson’s Net Worth Decline Between 2007 and 2017?
OJ Simpson’s net worth was only $18,000 in 2007. He owed over $100k in credit card debt and over $500k in loans. OJ, having no other way out, took part in an art robbery and was taken into custody. He received a 33-year prison sentence with a 7-year parole possibility. OJ Simpson had a $200 net worth when he began serving his sentence.
OJ Simpson received numerous approaches from media outlets and book publishers following his release from prison in 2017. OJ lost out on his $1.5 million initial contract with the BBC. Simpson also agreed to a $4 million contract with Netflix for the series “The People v. O. J. Simpson.”
What Were Some of OJ Simpson’s Accomplishments?
Simpson achieved success as an actor, television producer, and brand ambassador. Prior to his NFL retirement, he had already landed roles in movies and television shows.
He produced a number of TV movies in the early 1980s, in addition to appearing in movies like The Naked Gun and The Klansman series and the miniseries Roots. OJ served as the promotional spokesperson for Hertz, a vehicle rental firm, beginning in the 1970s.
In 1984, James Cameron contemplated casting Simpson as the lead role in The Terminator; however, Arnold Schwarzenegger was chosen to portray the role, and Simpson was not included in the movie. Simpson was an analyst for Monday Night Football, which aired on ABC at the time, in addition to his acting career.
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