Yao Ming is a retired NBA star and was one of the tallest players. He made an impressive net worth during his time of play. Let’s meet the former basketball star.
Former NBA player Yao Ming is one of the league’s most recognizable stars – and he has cashed in on his success both on and off the court.
The giant Chinese NBA star, 42, has amassed a mammoth fortune after leaving the league in 2011. What is known about his height, business, net worth and more?
|Celebrated Name:||Yao Ming|
|Net Worth:||$180 million|
|Profession:||Former NBA player|
|Date of Birth:||September 12, 1980 (age 42 years)|
|Wife:||Ye Li (m. 2007)|
|Parents:||Fang Fengdi, Yao Zhiyuan|
Who is Yao Ming?
Yao Ming is a Chinese basketball executive and former professional player. He played for the Shanghai Sharks of the Chinese Basketball Association and the Houston Rockets of the National Basketball Association.
Ming was the No. 1 overall pick for the Houston Rockets in the 2002 NBA Draft.
Standing 7 feet 6 inches and weighing 310 pounds, the dominating center is listed only behind Gheorghe Muresan and Manute Bol among the tallest NBA players of all time.
Ming was an eight-time All-Star who dominated both ends of the basketball court.
He arrived in the NBA with his skillset already honed from five years in the Chinese league, Shanghai Sharks.
The Hall of Famer averaged 19 points and nine rebounds per game over his time at the Rockets, with his No. 11 jersey retired in Houston when he called time on his career.
Why did Yao Ming retire so early? Yao suffering a stress fracture in his ankle, and he was sidelined for the remainder of the season. The injury-plagued Yao retired from professional basketball in July 2011.
What is Yao Ming’s net worth?
Chinese NBA star Yao Ming has accumulated an estimated net worth of $180 million. He made his fortune from his years as a basketball player and executive as well as investments and endorsements with companies.
Before retiring, Ming amassed a whopping $93,390,336, a career earnings in the NBA, per Spotrac.
And since leaving basketball in July 2011 due to chronic injuries, his fortune has only grown thanks to lucrative endorsements and savvy business deals.
During his career, Ming partnered up with McDonald’s, Apple, Reebok, and Visa, among others.
His investments range from restaurants in the US to projects back home in China.
Ming owns the Yeeha Restaurant in Shanghai and Yao Restaurant in Houston.
In 2009, he launched Yao Family Wines, a vineyard business based in Napa Valley, California.
And in 2016, Ming co-founded Yao Capital alongside longtime business partners Erik Zhang and David Han, shortly after he was named chairman of the Chinese Basketball Association.
Ming placed heavy emphasis on education after leaving the NBA, heading back to school at Shanghai Jiao Tong University.
He completed his studies in July 2018, graduating with a degree in economics.
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