Dominique Dawes Net Worth
Dominique Dawes has an estimated net worth of $2.5 million. In 1996, Dominique Dawes won Olympic gold with the U.S. women’s gymnastics team as well as an individual bronze medal — becoming the first African American to win an individual Olympic medal in women’s gymnastics. She earns most of her income from her career as an artistic gymnast.
At the age of 6, Dominique Dawes began taking gymnastics lessons. She was part of the U.S. women’s gymnastics team that competed in the 1992, 1996 and 2000 Olympics. Each time, the team won a medal. In 1996, Dawes’ team won gold at the Olympics, and Dawes won a bronze medal as an individual. She was the first African American to win an Olympic medal in women’s gymnastics as an individual. She retired from gymnastics after the 2000 Olympics.
To calculate the net worth of Dominique Dawes, subtract all her liabilities from her total assets. Investments, savings, cash deposits, and any equity she 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 her net worth:
|Net Worth:||$2.5 Million|
|Monthly Salary:||$30 Thousand+|
|Annual Income:||$500 Thousand|
|Source of Wealth:||American artistic gymnast|
Dominique Margaux Dawes was born on November 20, 1976, in Silver Spring, Maryland. She started taking gymnastics lessons with Kelli Hill when she was 6 years old. Hill was Dawes’ coach for the rest of her gymnastics career. At the age of 9, Dawes would write the word “determination” in crayon on a mirror to get ready for gymnastics meets. This was a good way to get ready for higher levels of competition, which she did well in.
Dawes was a force to be reckoned with in gymnastics because of how well she rolled. She was the first African American woman to make the national women’s team in 1988. Dawes was also on the U.S. artistic gymnastics team that won bronze at the 1992 Olympics in Barcelona. At the 1994 National Championships, Dawes won gold in both the all-around and each of the four individual events (vault, uneven bars, balance beam and floor exercise). She was the first gymnast there since 1969 to win all five gold medals.
Again, Dawes made it onto the U.S. Olympic team in 1996. The U.S. team, called the “Magnificent Seven” because of how well they did, won gold in Atlanta. They were the first U.S. women’s gymnastics team to do so in Olympic history. Dawes had also hoped to win an individual gold medal, and she was crushed when she stepped out of bounds and fell during her floor routine during the all-around competition, taking her out of the running for a medal. She did, however, win a bronze medal for her performance on the floor, making her the first African American woman to win a medal for herself in women’s gymnastics.
In 2000, Dawes came out of retirement to make the U.S. women’s gymnastics team for the third time. The team got fourth place at the Olympics in Sydney. But when it was found out that a Chinese competitor was underage, China lost its team medal. This moved the U.S. team up to third place, ten years after the Olympics. This also made Dawes the first American gymnast to be on three different teams that won medals.
Life and Career After Gymnastics
After the Olympics in 2000, Dominique Dawes gave up gymnastics for good. Outside of competition, Dawes’s career has included everything from motivational speaking to a one-time role as Patty Simcox in Grease on Broadway. As president of the Women’s Sports Foundation and as part of Michelle Obama’s “Let’s Move Active Schools” campaign, she has worked to get young people to be more active. In 2010, Dawes also joined the President’s Council on Fitness, Sports, and Nutrition as a co-chair.
Dawes, who was inducted into the USA Gymnastics Hall of Fame in 2005, has been an inspiration to a huge number of girls. But it wasn’t until she saw Halle Berry win an Oscar (for Monster’s Ball in 2001, Berry was the first African American to win an Oscar for Best Actress) that Dawes fully understood how important the example she had set was.
Dawes stayed involved in gymnastics by covering the Olympic Games in 2008 and 2012. Gabby Douglas became the first African American to win an individual gold medal in the all-around competition in 2012. She was thrilled that another generation of girls could look up to Douglas the way people had looked up to her.
On May 25, 2013, Dawes got married to a teacher. They have two sets of twins.
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