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The Legendary Ric Flair Net Worth - Wrestling Icon And 16 Time Champion

Ric Flair, whose real name is Richard Morgan Fliehr, is a Memphis-born American manager and former professional wrestler. He first competed for the International Wrestling Enterprise in Japan in 1973, and that is when he first became well-known. He is now working on "Ric Flair Drip" with an offset. Both his supporters and detractors have weighed in on the subject of Ric Flair net worth. The profession wrester net worth and his path to achievement will be discussed in this article.

Author:Alex Mercer
Reviewer:Nathanial Blackwood
Oct 13, 2023
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Ric Flair, whose real name is Richard Morgan Fliehr, is a Memphis-born American manager and former professional wrestler. He first competed for the International Wrestling Enterprise in Japan in 1973, and that is when he first became well-known. He is now working on "Ric Flair Drip" with an offset. Both his supporters and detractors have weighed in on the subject of Ric Flair net worth. The profession wrester net worth and his path to achievement will be discussed in this article.

Quick Info

Real NameRichard Morgan Fliehr
GenderMale
ProfessionWrestler, Writer, Actor
NationalityUnited States of America
Date Of BirthFeb 25, 1949
Place Of BirthMemphis

Early Life Of Ric Flair

Ric Flair at a conference
Ric Flair at a conference
In Memphis, Tennessee, on February 25, 1949, Richard Morgan Fliehr was born. Fred Phillips is widely accepted to have been Flair's birth name before he was adopted. He is referred to as Fred Demaree or Fred Stewart in certain papers. His adoptive father was finishing up his obstetrics and gynecology residency in Detroit, Michigan when he was adopted.
Kathleen, his adopted mother, was a Star Tribune reporter. Soon after being adopted, he moved to Edina, Minnesota, with his new family. Flair finished high school at Wayland Academy in Beaver Dam, Wisconsin. He participated in track and field, football, and the wrestling team. He briefly attended the University of Minnesota, intending to pursue a career in medicine like his adopted father. He left school, nevertheless, to pursue a career as a professional wrestler.

Professional Career

Ric Flair on the ring
Ric Flair on the ring
When he first met the renowned Vachon brothers, Flair who is also known by the moniker "The Nature Boy" met his first wrestling competitors. On December 10, 1972, Flair faced "Scrap Iron" George Gadaski in his first match in professional wrestling. Prior to moving to Charlotte, North Carolina, where he established himself as a regular for Jim Crockett Promotions, he spent the first few months of his career with Gagne's Minneapolis Boxing & Wrestling Club.
Ric gained his first NWA World championship in 1981. Since then, he's had a very successful career in wrestling. At a later point in his professional wrestling career, he wrestled for World Championship Wrestling, TNA Wrestling, and Vince McMahon's WWE. Throughout his career, Flair was a popular pay-per-view draw. Ten times, he was the star of Starrcade. In 1992, he was the main event of the WWF's equivalent, WrestleMania.
He won the Royal Rumble in the same year. He received eight PWI Wrestler of the Year awards. He is the first member of the WWE Hall of Fame to receive two inductions. 2008 was the beginning of his independent career, while 2012 marked the start of his role in The Four Horsemen. Flair is also a member of the NWA Hall of Fame, the Professional Wrestling Hall of Fame, and the Hall of Fame for the Wrestling Observer Newsletter.
8 times in the NWA World Heavyweight Championship, 6 times in the WCW World Heavyweight Championship, and twice in the WWF, Flair has held the title of world champion. He was the inaugural champion of the WCW International World Heavyweight Championship as well as the WCW World Heavyweight Championship.
As the first WCW World Heavyweight Champion, he became the first individual to win the Triple Crown. After previously holding the World Tag Team Championship and the WWF Championship, he went on to capture the Intercontinental Championship. The only guy in the history of professional wrestling to hold each of the four titles is Ric Flair.

Highlights

Here are some of the best highlights of Ric Flair’s career:
  • Wrestler of the Year 1984
  • Most Oustanding Wrestler 1989
  • Best On Interviews 1994
  • Most Charismatic 1983-1984
  • Baywatch (1996)
  • Command & Conquer: Red Alert 3-Uprising (2009)

Relationships & Controversies

Ric Flair showing his ring
Ric Flair showing his ring
Ric Flair married Leslie Goodman on August 28, 1971. They have a boy called David and a daughter named Megan. In 1983, they got divorced. Elizabeth Harrell and Flair were married on August 27, 1983. Additionally, they had two kids: a boy called Reid and a girl named Ashley. In 2006, Flair and Harrell were divorced. Flair married Tiffany VanDemark on May 27, 2006. She competes in physical fitness. She filed for divorce in 2008. In 2009, their divorce became official.
Flair married Jackie Beems in North Carolina on November 11, 2009, indicating that he must genuinely like being a married man. 2012 saw the filing of Flair's divorce from Jackie, which was finalized in 2014. On September 12, 2018, Flair wed Wendy Barlow, better known as Fifi the Maid on WWE, in Florida. Before getting back together in May 2022, the pair had split up in January 2022.
David Flair, like his father, was a professional wrestler. David was a WCW employee from 1999 until 2001. Reid Flair, the second son of Ric Flair, was a distinguished high school wrestler who joined WWE in 2007 on a developmental contract. When his daughter Megan gave birth to a girl named Morgan Lee Ketzner in 2004, Ric Flair became a grandpa.
Ashley Flair, the second daughter of Charlotte Flair, joined WWE in 2012. In March 2013, Flair's son Reid overdosed on heroin, Xanax, and a muscle relaxant and died away. Over the years, Flair has made a variety of absurd claims, including that he consumed 15 beers each day and had sex with 15,000 different women.
In June 2020, Flair responded to critics of his daughter Charlotte who said that she receives too much exposure in the sport of wrestling. He said in an interview:
I'm so mad about that – one mark after another, 'We're tired of seeing her.' Good, watch her on TV in another event. She's a millionaire – she can do what she wants to do. And she's a millionaire because of the company; there you go.
The "Wooooo! Wings" virtual restaurant franchise was introduced by Flair in Nashville, Tennessee, in July 2022. In August 2022, the chain expanded to six American cities. Additionally, he collaborated with Mike Tyson to develop the "Ric Flair Drip" cannabis brand under "Tyson 2.0," which debuted in October 2022.

Ric Flair Net Worth & Salary

Ric Flair waiting for the opponent
Ric Flair waiting for the opponent
The anticipated value of Ric Flair's whole net worth as of 2023 is $5 million. Through his professional wrestling, pay-per-views, media appearances, public speaking engagements, brand building, virtual entertainment, etc., he was able to earn this figure. Ric Flair earned an astounding $7 million from his performances during his heyday.

Salary

Ric Flair's most recent monthly salary was $35,000, according to records. His main source of income is from the administrative perks he provides for wrestling.

Financial Problems

Since the early 1990s, Ric Flair has had many 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 on Elizabeth, his second wife, and her extravagant spending.
Ric is said to have underpaid his taxes for the years 2016 to 2018 based on court documents published in 2019. He owes the federal government $240,000 and the state of Georgia $40,000, according to the petition. Ric also had a medical emergency in 2019 that required heart surgery, leaving him with an estimated uninsured medical cost of $1.8 million.
In 2019, Flair appeared on The Steve Austin Show and discussed how his son's treatment expenses had left him with a $500,000 debt. However, Hulk Hogan stepped in to assist, and the two men became close friendships.

Ric Flair’s Endorsements

TickPick is a company Ric Flair backs. A deal has been reached between Flair and the New York ticketing company TickPick. Ric often attends free wrestling events as an addition to his income. Ric also took part in voice acting for TV series, video games, commercials, etc.

Charity And Foundation Work

Ric Energy partook in the All In program during the Coronavirus pandemic. He has additionally financed foundations like Feeding America, Meals On Wheels, and World Central. Kitchen and No Kid Hungry. He likewise gave to New York Police and Fire Widows' and Children’s Benefit Fund.

Real Estate

Ric Flair with his car
Ric Flair with his car

House

Living in Lawrenceville, Georgia, the man is 74 years old. He also owns a residence in Charlotte, North Carolina, whose property's land worth has been estimated at $1 million. The 5000 square foot mansion has two stories, six rooms, four bathrooms, and a swimming pool.

Car Collection

Ric Flair has a rundown of extravagant vehicles in his possession yet is frequently seen driving a Chevrolet SS painted in black.
Chevrolet SS $72,000
Chevrolet Camaro $61,140
1999 Bentley Arnage T $72,000
Mercedes Benz $32,000

Ric Flair’s Movies And TV Shows

Ric Flair has shown up in numerous WWE occasions and main events like WWF Challenge, WWF Early evening Wrestling, WWF Royal Rumble, WWE RAW, SmackDown, WWE Summer Hammer, WWE Wrestlemania, WWE Royal Rumble, and so forth in his long 50 years career. He didn't show up in movies in his professional career. Nonetheless, he acted in a Network program called Baywatch in 1996 as The "Nature Boy" Ric Flair.

Some Interesting Facts

  • He is famous for his distinctive "WOOOO!" catchphrase, which has become synonymous with his wrestling persona.
  • Flair's in-ring style was known for its technical excellence and his ability to tell a compelling story through his matches.
  • Throughout his career, Flair wrestled in numerous promotions, including NWA, WCW, WWF/WWE, TNA, and ROH.
  • He is the only wrestler to have been recognized as a world champion by both WWE and WCW.
  • Flair holds the record for the most world championship reigns in professional wrestling history, with 16 world titles to his name.
  • He was famously a member of the "Four Horsemen" stable, one of the most influential and successful factions in wrestling history.
  • Flair's rivalry with Ricky "The Dragon" Steamboat in the late 1980s produced some of the greatest matches in wrestling history.
  • He has been inducted into the WWE Hall of Fame twice, once as an individual and once as part of the Four Horsemen.
  • Ric Flair's real-life charisma and party-loving lifestyle often blurred the line between his wrestling character and his personal life.
  • In 1975, Flair survived a serious plane crash that resulted in multiple broken bones and nearly ended his career before it truly took off.
  • Flair's flamboyant robes and extravagant lifestyle earned him the nickname "The Stylin', Profilin', Limousine Ridin', Jet Flyin', Kiss Stealin', Wheelin' N' Dealin' Son of a Gun."
  • He had a memorable feud with "Macho Man" Randy Savage in the early 1990s, culminating in a classic retirement match at WrestleMania VIII.
  • Outside of wrestling, Ric Flair has made appearances in various TV shows, movies, and commercials, further solidifying his status as a pop culture icon.
  • Flair's daughter, Charlotte Flair, has followed in his footsteps and become a highly successful professional wrestler in her own right, carrying on the Flair wrestling legacy.

FAQs About Ric Flair

When Did Ric Flair Retire From Professional Wrestling?

Ric Flair officially retired from professional wrestling in 2008 after a retirement match against Shawn Michaels at WrestleMania XXIV.

How Many World Championships Has Ric Flair Won?

Ric Flair is a 16-time world champion, holding world championship titles in various wrestling promotions, including NWA, WCW, and WWE.

How Tall Is Ric Flair?

Ric Flair’s height is 1.85 m, which is equal to 6 ft 1 in.

Conclusion

In conclusion, Ric Flair, known as "The Nature Boy," is a legendary figure in the world of professional wrestling. His illustrious career, iconic catchphrases, and charismatic persona have left an indelible mark on the wrestling industry.
With 16 world championships, a place in multiple Hall of Fames, and a lasting influence on the sport, Ric Flair's legacy continues to shine brightly even beyond his retirement. His life and career are filled with fascinating facts and stories that have captivated wrestling fans for decades, making him one of the most enduring and beloved figures in the history of professional wrestling.
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Alex Mercer

Alex Mercer

Author
Alex Mercer is a seasoned author and analyst specializing in wealth research, with a keen focus on evaluating the net worth of individuals across various industries. With over a decade of experience in financial analysis and wealth assessment, Alex has developed a nuanced understanding of the factors that contribute to an individual's financial status, from investments and assets to market trends and economic policies. His work involves in-depth reviews and analyses, providing insightful observations on wealth accumulation, management strategies, and the socio-economic implications of wealth distribution. Throughout his career, Alex has become known for his ability to distill complex financial data into understandable and engaging narratives, making the subject of wealth and net worth accessible to a broad audience. His expertise is not just in numbers but in telling the stories behind them, highlighting the journeys, strategies, and decisions that lead to financial success or challenges. Alex's contributions to the field of wealth research are valuable resources for anyone looking to understand the dynamics of wealth in today's world, offering a unique perspective that bridges the gap between financial analysis and human interest.
Nathanial Blackwood

Nathanial Blackwood

Reviewer
Nathanial (Nate) Blackwood is a distinguished financial journalist with a decade of experience in net worth analysis. He holds an Economics degree from the University of Finance and a Data Analysis certification, enabling him to blend thorough insights with engaging storytelling. Nate is known for making complex financial information accessible to a wide audience, earning acclaim for his precise and reader-friendly analyses. Beyond his writing, Nate is dedicated to financial literacy, actively participating in educational forums and workshops. He is the founder of PureNetWealth, a platform that demystifies the financial achievements of public figures by exploring the strategies and decisions behind their fortunes. Nate's work bridges the gap between intricate economic concepts and the general public, inspiring a deeper understanding of wealth dynamics. Follow Nathanial Blackwood for essential insights into the financial narratives shaping our world.
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