Babe Ruth's Net Worth 2023

George Herman Ruth Jr. is an iconic baseball outfielder regarded as one of the greatest ever, who possessed incredible hitting prowess and has set unscathed records in the book of MLB. Ruth earned his nickname “The Sultan of Swat” during his time with the Yankees, which spanned from 1920 to 1934, and his games were an absolute treat to the spectator's eyes. As a result, his popularity soared across the country, and people flocked to watch him hit the home runs!

Ruth was sent to St. Mary's Industrial School for Boys, a reformatory when he was seven years old. There, he was taught by Brother Matthias Boutlier of the Xaverian Brothers, who was both a good baseball player and the school's disciplinarian. Ruth was traded to the Red Sox shortly after being signed by the Baltimore Orioles to play minor league baseball in 1914. By 1916, he was well-known for being a superb pitcher and, on occasion, hitting big home runs—a remarkable accomplishment for a player in the dead-ball era. Despite having been a part of three World Series championship teams with the Red Sox and winning 23 games in a season as a pitcher twice, Ruth was allowed to change to an outfielder because he wanted to play every day.

Ruth is a seven-time World Series champion and holds enduring records for single-season and career home runs, with 60 in 1927 and 714, respectively.

What is Babe Ruth’s Net Worth?

Babe Ruth’s net worth was around an estimated $800 thousand at the time of his death, as per celebritynetworth.com.

Throughout Ruth’s career, he has signed numerous contracts, partnered with multiple endorsement deals across vast industries, and accumulated his wealth. A few notable agreements are:

1927: with the New York Yankees, he agreed with Col. Jacob Ruppert's Yankees on a new three-year contract that would pay him a then-staggering $70 thousand per year for the next three seasons.

1930: The Yankees and Ruth agreed to an extension for two years, for an amount of $160 thousand, making Ruth the highest player in baseball during that time.

Babe Ruth’s Salary

Babe Ruth’s salary at his peak was a whopping $80 thousand, and it was considered the highest that any baseball player ever received during that period.

Babe Ruth’s Endorsements

Babe Ruth was a trendy figure at the time, and his popularity amongst the general public made him a valuable asset to big brands, who sought him out for endorsement deals.

Regarding advertisements, Ruth has been present in almost every sector, from food and beverages to automobiles, sports, and more. A few notable brands he has worked with are Coca-Cola, Quaker Oats, Spalding, Louisville Slugger bats, etc.

Babe Ruth’s Investments

Babe Ruth was fond of investing in annuities and, with time, had handcrafted financial security for his wife by purchasing a lifetime annuity that would suffice her livelihood forever.

Babe Ruth’s Other Sources of Income

Babe Ruth was also an intelligent businessman who used his fame and popularity to generate revenue. He had multiple business interests, including a restaurant called “Babe’s” in New York City in 1927, a bowling alley in Florida, and a nightclub in Manhattan as per sabr.org.

Babe Ruth’s House

George Herman “Babe” Ruth was born on February 6, 1895, at 216 Emory Street, Baltimore, three blocks west of Oriole Park at Camden Yards; during that time, the property was leased by Babe’s maternal grandfather. And now, we remember him as one of the greatest baseball players of all time and as a legendary figure who helped to popularize the game of baseball.

His home at 216 Emory Street is now a museum where visitors can learn more about his life and career.

Babe Ruth’s Car

Babe Ruth’s Charity Work

Babe Ruth was considered a generous man throughout his life, as he understood how important it was to give back to the community he belonged to. Ruth was from a very needy family, and upon becoming a star, he liked to donate his time and money to several charities and underprivileged kids.

The Babe Ruth Foundation

The Babe Ruth Foundation is a nonprofit organization founded in 1947. The sole mission of this organization was to assist underprivileged youth in the form of baseball and softball programs; the foundation also had multiple camping and travel programs and has offered scholarships and more. When Ruth passed away, much of his money went to the foundation.