Yogi Berra Net Worth
Yogi Berra had an estimated net worth of $5 million at his death. Yogi Berra is remembered for his Hall of Fame playing career with the New York Yankees, as well as his expressions that became known as ‘Yogi-isms.’ He earned most of his income from his career as a baseball player and coach.
Yogi Berra, who was born in St. Louis, Missouri, in 1925, made his major league debut in 1946 with the New York Yankees. He went on to become one of baseball’s greatest catchers, winning three MVP awards and leading the Yankees to ten World Series titles. Berra later managed the New York Yankees and the New York Mets, becoming only the second manager in history to lead his teams to World Series championships in both the American and National Leagues. Berra, who was inducted into the Baseball Hall of Fame in 1972, died in 2015 at the age of 90.
To calculate the net worth of Yogi Berra, 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:
|Net Worth:||$5 Million|
|Monthly Salary:||$70 Thousand|
|Annual Income:||$1 Million|
|Source of Wealth:||Baseball player, Actor, Coach, Writer, Manager|
Budding Baseball Star
Yogi Berra, born Lawrence Peter Berra in St. Louis, Missouri, in 1925, is as well known for his sports career as he is for his slang. He gained notoriety for his ability to twist common phrases and sayings, such as “It ain’t over till it’s over” and “I didn’t really say everything I said.” Yogi-isms arose from these quips.
Growing up as one of five children of Italian immigrants, Berra participated in sports with his three older brothers. He dropped out of school in the eighth grade to help his family, but he still found time to develop his athletic abilities. Berra became serious about baseball in his adolescence. During this time, he got his famous nickname from a friend who said he looked like a Hindu yogi.
Berra and his neighborhood friend Joe Garagiola were playing American Legion baseball when they caught the attention of St. Louis Cardinals general manager Branch Rickey. Berra turned down a $250 signing bonus, half the amount given to his friend, to play for his hometown big league team, and later signed with the New York Yankees.
After serving in the United States Navy during WWII, Berra joined the New York Yankees as a catcher in 1946. He quickly established a reputation as a hitter who made hard contact with anything near the plate and rarely struck out. He reached the pinnacle of his career in the 1950s, winning three Most Valuable Player Awards between 1951 and 1955. He also worked well with his pitchers, most notably assisting Don Larsen in his rare perfect game in the 1956 World Series. Berra was also not above distracting the opposing team; according to his website, he talked to the batters, including Hank Aaron, to distract them.
In 1963, Berra played in his final game for the Yankees.
He appeared in 18 All-Star Games and helped the Yankees reach the World Series 14 times, winning 10 championships. He was inducted into the Hall of Fame in 1972 as one of the best catchers in history.
Manager and Coach
Shortly after the 1963 season ended, Berra was named manager of the New York Yankees. Despite leading the team to the 1964 World Series, he was fired after only one season and joined the New York Mets. Berra returned to the field for four games in 1965, but otherwise coached. He took over as manager in 1972 and led the Mets to the World Series the following year, but he was fired before the season ended in 1975.
In 1976, Berra returned to the Yankees as a coach. In 1984, he was promoted to manager to replace the controversial Billy Martin, but was fired by Yankees owner George Steinbrenner shortly after the start of the 1985 season; the move enraged Berra, who refused to return to Yankee Stadium for another 14 years. Berra then went on to coach the Houston Astros before retiring in 1989.
Later Years, Museum and Death
Berra later became a well-known baseball ambassador and devoted himself to philanthropic endeavors in his later years. In 1998, he dedicated the Yogi Berra Museum & Learning Center in Little Falls, New Jersey, to his career and baseball history. It also has a baseball camp and sports workshops.
Berra hosted an annual celebrity golf tournament to benefit the museum. At the Montclair Golf Club in 2012, the normally outgoing Berra appeared a little more reserved. According to the New York Daily News, he chose to stay inside the golf clubhouse rather than mingle with attendees outside, as he had done in previous years with wife Carmen.
Berra died on September 22, 2015, of natural causes, at the age of 90. He was posthumously awarded the Presidential Medal of Freedom, the nation’s highest civilian honor, two months later.
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