Arthur Ashe Net Worth at Death – Salary, Income, Earnings

Arthur Ashe Net Worth 

Arthur Ashe had an estimated net worth of $4 million at his death. Arthur Ashe was the first African American to win the men’s singles titles at Wimbledon and the U.S. Open, and the first African American man to be ranked No. 1 in the world. He earned most of his income from his career as a tennis player. 

Arthur Ashe was the first (and still the only) African American male tennis player to win both the US Open and the Wimbledon singles titles. He was also the first African American man to hold the world No. 1 ranking and the first to be inducted into the Tennis Hall of Fame. When Ashe learned that he had contracted AIDS through a blood transfusion, he focused his efforts on raising awareness about the disease before succumbing to it on February 6, 1993.

To calculate the net worth of Arthur Ashe, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Arthur Ashe
Net Worth: $4 Million
Monthly Salary: $70 Thousand
Annual Income: $1 Million
Source of Wealth: Tennis player

Early Life

Arthur Robert Ashe Jr. was born in Richmond, Virginia on July 10, 1943. Arthur Ashe Jr., the older of Arthur Ashe Sr. and Mattie Cunningham’s two sons, combined finesse and power to forge a groundbreaking tennis game.

Ashe’s childhood was filled with both adversity and opportunity. Ashe was reading by the age of four, thanks to his mother’s guidance. When Mattie died two years later, his life was turned upside down.

Fearing that his boys would get into trouble without their mother’s discipline, Ashe’s father began running a tighter ship at home. Every Sunday, Ashe and his younger brother, Johnnie, went to church, and after school, they were required to come straight home, with Arthur Sr. keeping a close eye on the time: “My father… kept me at home and out of mischief. I had 12 minutes to get home from school, and I stuck to that rule all the way through high school.”

Early Tennis Career

Ashe discovered tennis about a year after his mother died, picking up a racket for the first time at the age of seven in a park near his home. Continuing to play, Ashe attracted the attention of Dr. Robert Walter Johnson Jr., a tennis coach from Lynchburg, Virginia, who was active in the Black tennis community. Ashe excelled under Johnson’s tutelage.

Ashe reached the junior national championships in his first tournament. Driven to succeed, he eventually relocated to St. Louis to work closely with another coach, winning the junior national championship in 1960 and 1961. Ashe, the country’s fifth-best junior player, accepted a scholarship to the University of California, Los Angeles, where he earned a degree in business administration.

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Winning the U.S. Open Title in 1968

Ashe was the first African American to be recruited by the United States Davis Cup team in 1963. He continued to improve his game, attracting the attention of his tennis idol, Pancho Gonzales, who assisted him in honing his serve-and-volley attack. The training paid off in 1968, when Ashe, still an amateur, shocked the world by winning the U.S. Open, becoming the first (and still the only) African American male player to do so. He won the Australian title two years later.

Winning Wimbledon; Becoming No. 1 Tennis Player in 1975

In 1975, Ashe pulled off another upset by defeating Jimmy Connors in the Wimbledon finals, marking yet another groundbreaking achievement within the African American community — becoming the first African American male player to win Wimbledon — which, like his US Open victory, remains unrivaled. That same year, Ashe became the world’s first African American man to be ranked first. Ten years later, in 1985, he was inducted into the International Tennis Hall of Fame as the first African American man.

Political Activism

Ashe didn’t enjoy being the sole Black star in a game dominated by white players, but he also didn’t avoid it. With his unique platform, he advocated for inner-city tennis programs for youth, assisted in the formation of the Association of Men’s Tennis Professionals, and spoke out against apartheid in South Africa, even successfully lobbying for a visa to visit and play tennis there.

The tennis legend also penned a history of African American athletes, A Hard Road to Glory (three volumes, published in 1988), and served as the American Heart Association’s national campaign chairman.

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Health Problems and AIDS Diagnosis

Ashe, who retired from competition in 1980, had health problems for the last 14 years of his life. He had a second bypass operation in 1983 after undergoing a quadruple bypass operation in 1979. After experiencing paralysis of his right arm, he underwent emergency brain surgery in 1988. During a hospital stay, a biopsy revealed that Ashe had AIDS. Doctors soon discovered that Ashe had contracted HIV, the virus that causes AIDS, from a blood transfusion given to him during his second heart surgery.

He initially kept the news from the public. However, Ashe revealed the information in 1992 after learning that USA Today was working on a story about his health battle.

As soon as the news of his illness became public, Ashe devoted himself to raising AIDS awareness. He gave a speech at the United Nations, established a new foundation, and laid the groundwork for the institution’s $5 million fundraising campaign.

Even as his health deteriorated, Ashe continued to work, traveling to Washington, D.C. in late 1992 to participate in a protest against the United States’ treatment of Haitian refugees. Ashe was handcuffed for his participation in the protest. It was a fitting send-off for a man who was never shy about expressing his concern for the well-being of others.

Wife and Personal Life

At a United Negro College Fund benefit in 1976, Ashe met acclaimed photographer Jeanne Moutoussamy and married her a year later. The wedding was officiated by Andrew Young, the Ambassador to the United Nations. The couple stayed together until Ashe died.

Ashe and Moutoussamy adopted a girl named Camera after the latter’s profession in 1986.

Death

On February 6, 1993, Ashe died in New York City of AIDS-related pneumonia. He was laid to rest four days later in his hometown of Richmond, Virginia. The service was attended by approximately 6,000 people.

Legacy

Aside from his groundbreaking tennis career, Ashe is remembered as an inspirational figure. He once stated, ” “True heroism is remarkably calm and uncomplicated. It is not the desire to outperform all others at any cost, but the desire to serve others at any cost.” He also spoke about achieving success: “Self-confidence is an important factor in achieving success. Preparation is a critical component of self-assurance.”

Further Reading

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