Andre Agassi Net Worth (Money & Salary)

What is Andre Agassi’s Net Worth?

With a net worth of $145 million, Andre Agassi is a retired professional American tennis player. As one of the sport’s most captivating and illustrious personalities, Agassi’s exceptional career is characterized by remarkable comebacks and an individuality that went beyond tennis. He turned pro in 1986, quickly gaining recognition for his powerful, baseline-dominated play and flamboyant style. His aggressive groundstrokes, especially his powerful forehand and serve returns, contributed to his reputation as a daunting foe.

Agassi’s journey through his career included both soaring successes and significant challenges. In the early 1990s, he secured multiple Grand Slam titles, including a heartfelt victory at Wimbledon in 1992, followed by wins at the US Open in 1994 and the Australian Open in 1995. His early triumphs culminated in reaching the World No. 1 ranking in 1995. Nevertheless, he faced obstacles leading to a decline in both form and ranking.

Incredibly, Agassi revitalized his career during the late 1990s, demonstrating both resilience and dedication. He achieved the Career Grand Slam by clinching the French Open in 1999, a rare feat that secures his place among the tennis legends. His legacy expanded with additional victories at the Australian Open in 2000, 2001, and 2003.

The rivalry between Agassi and Pete Sampras stands out as one of the most thrilling in tennis history, featuring numerous unforgettable encounters that showcased their contrasting styles and personalities. In addition to Sampras, Agassi engaged in significant rivalries with other leading players of his time, playing a pivotal role in the golden era of tennis spanning the 1990s and early 2000s.

Outside of tennis, Agassi became known for his philanthropic efforts, primarily focused on education. He founded the Andre Agassi Foundation for Education, aimed at assisting underprivileged children. Following his retirement, Agassi’s pursuits included foundation work, writing, and occasional coaching, including a brief mentorship of Novak Djokovic.

Early Life

Born on April 28, 1970, in Las Vegas, Nevada, Andre Kirk Agassi is the son of Emmanuel “Mike” Agassi, who was an Olympic boxer from Iran, and Elizabeth “Betty” Agassi. He has three older siblings: Rita, Philip, and Tami. At just 12 years old, Agassi secured the National Indoor Boys 14s Doubles Championship in Chicago in 1982. He was sent to Nick Bollettieri’s Tennis Academy in Florida at age 13, originally intended to last only three months due to financial constraints. After watching Agassi play for just a half-hour, Bollettieri advised Agassi’s father to take back his payment, stating: “He’s here for free.” Ultimately, Agassi left school in the ninth grade to commit fully to his tennis career.

Career

Turning professional at 16 in 1986, Agassi quickly amassed over $2 million in prize money within the next two years. The 1990s witnessed the dominance of both Andre Agassi and Pete Sampras in men’s tennis. While Sampras maintained a steady, polished image, Agassi was known for his flashy, rebellious persona. Agassi’s professional career spanned from the mid-1980s to the early 2000s, during which he garnered eight Grand Slam titles and secured a gold medal at the 1996 Olympics. Notably, he was the first male player to win four Australian Opens during the Open Era. Among the elite, he is one of only five men’s singles players to achieve the Career Grand Slam in this era, and overall, he is one of eight in tennis history. Agassi also became the first player—so far, only two have achieved this—to clinch the Career Golden Slam and the ATP Tour World Championships. Additionally, he was the inaugural male tennis player to reach victory in all four Grand Slam tournaments across three different court surfaces (hard, clay, and grass). He was part of the

In 1990, 1992, and 1995, Agassi was part of the victorious Davis Cup teams. He first attained the ranking of World No.1 in 1995. By 1997, personal challenges had caused him to drop to No. 141. Nevertheless, he regained the No. 1 ranking in 1999. The four years that followed were the pinnacle of Agassi’s career. From 1994 to 2002, Brad Gilbert served as his coach.

In 2005, at 35 years old, Agassi reached the finals of the U.S. Open but was defeated by Roger Federer. Struggling with back issues, he formally announced his retirement on September 3, 2006, after being eliminated in the third round of the U.S. Open.

Other Business Ventures

Alongside his wife, Steffi Graf, Agassi co-founded Agassi Graf Holdings. They invested in a nightclub named Pure, located at Caesars Palace, which opened in 2004. In 2010, they sold their share in Pure to Angel Management Group.

In August 2006, Agassi and Graf collaborated with Kreiss Enterprises, a high-end furniture manufacturer, to introduce a furniture line known as the Agassi Graf Collection.

Andre Agassi College Preparatory Academy/Agassi Center For Education

In 2001, Agassi established the Andre Agassi College Preparatory Academy in Las Vegas, a tuition-free charter school dedicated to at-risk children in the community. He personally contributed $35 million to the institution. By 2009, the school’s graduating class boasted a 100 percent graduation rate, along with an expected 100 percent college acceptance rate.

Agassi also supports Child Haven, the only residential center for abused and neglected children in Las Vegas. In 1997, he provided funding for a six-room classroom building at Child Haven that is now recognized as the Agassi Center for Education. Additionally, his foundation invested $720,000 to help build the Andre Agassi Cottage for Medically Fragile Children, which opened in December 2001 and offers comprehensive care for children with injuries, contagious illnesses, or those needing physical and developmental support.

Personal Life

In the early 1990s, Agassi dated Barbra Streisand. He wed Brooke Shields in 1997, but the couple divorced in 1999. On October 22, 2001, Agassi married retired tennis star Steffi Graf in a private ceremony at their home in Las Vegas. They are parents to two children: son Jaden, born in 2001, and daughter Jaz, born in 2003. The family lives in the Summerlin area of Las Vegas, alongside Graf’s mother, brother Michael, and his four children.

In 1994, Agassi founded the Andre Agassi Charitable Association to support young people in Las Vegas. He received the ATP Arthur Ashe Humanitarian Award in 1995 for his dedication to helping disadvantaged youth, and he is often recognized as the most charitable and socially engaged player in professional tennis. He may indeed be the most philanthropic athlete of his generation.

His charitable efforts focus on helping children realize their athletic potential. His Boys & Girls Club serves 2,000 children annually and is proud to have a world-class junior tennis team. The club also features the Agassi Stars basketball program and implements a robust curriculum combining academics with athletics.

Career Earnings

Throughout his career, Agassi accrued approximately $30 million in prize money, positioning him sixth overall in all-time on-court earnings, surpassed only by Djokovic, Federer, Nadal, Sampras, and Murray. More significantly, Agassi generated substantial income through endorsements, earning $25 million annually at the peak of his career through partnerships with renowned brands like Nike, Canon, American Express, Kia Motors, Head, and Adidas.

Endorsements

Throughout his remarkable tennis career, Andre Agassi secured several prominent endorsement agreements, establishing him as one of the era’s most marketable athletes. His vibrant personality, unique image, and success on the court drew the interest of numerous major brands. Below is an overview of some of his most noteworthy endorsement arrangements:

1. Nike: Perhaps the most well-known of Agassi’s endorsements is with Nike. Signing with Nike in 1988, the brand became intimately linked with his image during the initial phase of his career. The company provided Agassi with distinctive and colorful clothing, reflecting his rebellious and flamboyant on-court persona. This collaboration was instrumental in shaping the marketing strategies for tennis apparel and footwear during that time.
2. Adidas: Following a short break from Nike, Agassi entered into a contract with Adidas in 2005. This agreement represented a significant shift, as Agassi had long been recognized with Nike throughout the majority of his career. Although the Adidas partnership lacked the flamboyance of his Nike years, it still constituted a major endorsement for both Agassi and the brand.
3. Head: For a considerable segment of his career, Agassi endorsed Head tennis racquets. His selection of racquet played a vital role in his gameplay, and his backing contributed to the brand’s popularity among professional and amateur players alike.
4. Canon: Agassi also engaged in a memorable endorsement with Canon. The “Image is everything” campaign from the early 1990s, featuring Agassi, gained considerable success and is still regarded as a milestone in sports marketing. This initiative elevated Agassi’s stature as a cultural icon.
5. American Express, Kia Motors, and Others: Additionally, Agassi had endorsement deals with American Express, Kia Motors, and several other companies. These partnerships leveraged his appeal beyond the realm of tennis, highlighting his marketability as a global sports icon.

Former Tiburon Mansion

In 2001, Andre and Steffi Graf purchased a sprawling estate in Tiburon, located in the exclusive Marin County, for $23 million. The 3.5-acre property (illustrated above) encompassed a mansion of 10,500 square feet, a guest house of 2,500 square feet, two swimming pools, three spas, a hot tub, a cold plunge, a stream, and a hydrotherapy waterfall. Initially, the Agassi/Grafs listed their home for $24.5 million. In January 2007, they accepted an offer of $20 million, incurring a loss of $3 million. The buyer was hedge fund manager Stuart Peterson, who manages a hedge fund called Artis Capital. In 2005, Artis and Sequoia Capital provided $11.5 million in venture capital funding to the creators of YouTube. Three months before purchasing the Tiburon property, Google acquired YouTube for $1.65 billion in Google stock. From this transaction, Artis received 176,621 shares of Google. At the deal’s closure, those shares were valued at $83 million. If Artis retained those shares through various stock splits, their current worth could be close to $1 billion.

Upon acquiring Andre and Steffi’s house for $20 million, Stuart and his wife surprised their neighbors by submitting plans to completely demolish the existing property. In its location, they built a multi-structure compound exceeding 20,000 square feet with stunning views of the Golden Gate. Today, the property’s value is estimated between $60-80 million.