Hulk Hogan's net worthwhen he died wasn't as high as it could have been.
The wrestling icon passed away on Thursday, July 24, 2025, reportedly from cardiac arrest. He was 71 years old.
Though his ring days were largely over, Hogan was still a star and made media appearances frequently — and he earned a ton of money throughout his career. Like Dwayne "The Rock" Johnson and John Cena after him, Hogan's empire extended well beyond wrestling: He was in movies, had his own animated series and was a household name for people who don't even know what a leg drop is.
For as much cash came in, however, a lot of it went out too, whether it be in extravagant spending, medical issues, legal fees or a pricey divorce. Find out Hulk Hogan's net worth in 2025, how he made it and how much his lifestyle cost him.
Hogan's rise was a pretty simple and relatively straightforward one.
Hogan was born Terry Gene Bollea on Aug. 11, 1953, in Augusta, Georgia, and raised in Tampa, Florida. He played baseball as a child and demonstrated tremendous athleticism, but an injury sidelined his big league dreams, and he turned to wrestling as a teen.
Hogan's first match was in Fort Myers, Florida, in 1977, and he continued working with Florida promoters. During a local talk show appearance in his early days, a host compared the 6'7" Hogan to The Incredible Hulk star Lou Ferrigno (who was actually 6'5," two inches shorter than Hogan). The moment inspired the moniker "Hulkster," which Vince McMahon later updated to "Hulk Hogan" in late 1979, when Hogan began wrestling for World Wrestling Entertainment (WWE), then known as World Wrestling Federation (WWF).
Related: Go Inside Hulk Hogan's Last Public Appearance
What was Hulk Hogan's net worth in 2025?
Hulk Hogan's net worth in 2025 was estimated at about $25 million, according to Celebrity Net Worth, while other sources have it pegged in the $30 million range.
Hogan was a major star during the 1980s, and his star power enabled him to defy McMahon and star in Rocky III (1982), leaving the WWE to do so. He briefly signed with the American Wrestling Association (AWA), then returned to WWE in 1983.
By 1984, Hogan was a fan favorite, going from heel to "baby face." On Jan.. 27, 1984, Hogan beat The Iron Sheik for the WWF World Heavyweight Championship, leading commentator Gorilla Monsoon to coin the term "Hulkamania." Hogan's heyday continued through 1993, during which time he had a slew of endorsements, media appearances and even his own Saturday morning cartoon, Hulk Hogan's Rock 'n' Wrestling—in addition to two WWF Championship belts. This period was his prime.
Hogan opted not to renew his WWF contract, which expired in late 1993, then signing with World Championship Wrestling (WCW) from 1994 to 2000, then re-signing with WWF from 2005 to 2007 and 2014 to 2015, then 2018 to 2025, working with smaller promoters in between.
Related: How Did Hulk Hogan Die?
How much was Hulk Hogan's WCW contract?
While most contracts are shrouded in mystery or anonymously sourced reporting, Hogan's 1998 WCW contract is actually available to read in full online—and it was massive.
He received a $2 million signing bonus (which was almost more than what he'd earned in the prior two years at WCW), as well as:
50% of all merchandise sales with his likeness$20,000 per month to promote and wear his own merchandise25% of the gross ticket sales for every Nitro and Thunder event in which he appeared (for no less than $25,000)$675,000 per Pay-Per-View event in which he appeared (which topped at 15 events and more than $10 million just from those events), plus 15% of Pay-Per-View revenues in excess of $675,000, likely totaling between $4 million and $6 millionCreative control over his persona and likenessEssentially, his deal was unheard of at the time, and it paved the way for other megastars moving forward—though few other wrestling contracts have come close to being this lucrative.
Related: Wrestling Stars Remember Hulk Hogan
Hogan's salary, for the WCW at least, is estimated to average out at about $4 million per year, according to Fox Sports.
How much money did Richard Belzer get for suing Hulk Hogan?
Law & Order: Special Victims Unit star Richard Belzer sued Hogan in 1985 for putting him in a guillotine choke during a talk show appearance, after which Belzer fell unconscious and hit his head, landing him in the hospital for scalp lacerations. You can watch the moment here if you're into that sort of thing:
Though he sued for $5 million, Belzer later told Vulture that he only got about $400,000 from the settlement.
Related: Vince McMahon's Net Worth Revealed
In a nutshell? Peter Thiel happened.
In April 2012, Gawker published a snippet from a video of Hogan having consensual sex with Heather Clem, then the wife of his friend Todd Alan "Bubba the Love Sponge" Clem. Bankrolled by billionaire tech entrepreneur Thiel, Hogan sued Gawker for $100 million for invading his privacy. (It's worth noting that Gawker outed Thiel as gay in 2007.)
A jury eventually awarded Hogan a $140 million judgment, which was too pricey for the blog to afford. They settled for $31 million, which was still too much for Gawker, leading the site to shut down and eventually sell to Univision for $135 million.
How much did Hulk lose in the divorce?
Nick Hogan, Brooke Hogan, Linda Hogan and Hulk Hogan in 2006Chance Yeh/Patrick McMullan via Getty Images
Hogan married his ex-wife Linda in 1983, and they shared daughter and erstwhile attempted pop star Brooke Hogan and son Nick Hogan. The entire family starred in the VH1 reality series Hogan Knows Best, which was canceled in 2007.
Linda promptly filed for divorce afterward, and she and Hulk each slinged mud at one another in filings and the press. They settled their divorce in 2009, with Linda allegedly getting 70% of Hulk's net worth at the time: The Daily Mail reported that she got $7.44 million of the couple's $10.41 million in liquid assets from their bank accounts, plus $3 million in property and a 40% share in Hulk's businesses, including his likeness and public image.
That last factor is key: Thanks to her shares in his public image, she also was entitled to 40% of his $31 million settlement from Gawker years later, which would amount to another $12.4 million.
Related: Get to Know Hulk Hogan's Kids
While Hogan paid Linda quite a bit in their divorce settlement, alimony was not part of that.
How did Hulk Hogan lose so much money?
Even before his divorce from Linda, Hogan reportedly claimed to spend $38,000 on lawyers' fees. While some of that may be standard celeb retainer business, there's also lawyers for his family: His son, Nick Hogan, then 17, was charged with reckless driving after he crashed while drag racing, leaving his passenger John Graziano paralyzed. In addition to the criminal case, Hogan also settled a civil lawsuit with Graziano's family for an undisclosed sum. (Nick has since racked up several more traffic offenses, including a DUI in January 2024, according to The Daily Mail.)
Aside from that, Hogan's divorce proceedings and filings revealed pretty extravagant spending habits. Access Hollywood reported that Linda, meanwhile, spent $7,000 on clothing, $7,500 on maid service and about $1,700 on jewelry every single month. Every. Single. Month. That adds up fast!
There's also medical bills, a pretty uniquely American problem: In September 2024, he revealed he'd undergone 25 surgeries within just the last decade, and chances are those were not cheap.
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