Hulk Hogan's Net Worth (Updated September 2022) | Wealthy Gorilla

Net Worth:	$25 Million
Born:	August 11, 1953
Died:	July 24, 2025
Gender:	Male
Height:	2.01 m (6 ft 7 in)
Country of Origin:	United States of America
Source of Wealth:	Professional Wrestler/Actor
Last Updated:	July 25, 2025

Table of Contents

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• Introduction
• Net Worth History
• Wrestling Career
• Scandals & Returns
• Gawker Lawsuit
• Divorce Settlement

Introduction

Hulk Hogan was an American professional wrestler with an estimated net worth of $25 Million, making him one of the richest wrestlers in the world.

Net Worth History

Hulk Hogan earned well over $100 million during his career, but numerous events and lifestyle choices have caused his net worth to fluctuate drastically over the past three decades. According to the man himself, in the earlier years of his fame, he spent money like water. By 2007, his net worth was $30 million, as disclosed during his divorce proceedings. The divorce cost him at least $10.5 million upfront before considering lost stakes in his business interests.

Then we have the Gawker lawsuit, for which Hogan received $31 million in damages, sharply increasing his wealth back towards that of 2007. Before his death, Hulk Hogan’s net worth was estimated at $25 Million.

Wrestling Career

Hulk Hogan started his professional wrestling career in 1979, and he defeated Ted DiBiase in his first appearance at Madison Square Garden.

In 1980, he began appearing in New Japan Pro-Wrestling, where he was nicknamed “Ichiban,” meaning “Number One.” A year later, after accepting an offer to work on Rocky III, Hogan debuted with the American Wrestling Association. He quickly became a fan favorite, and the following year, he defeated Nick Bockwinkel to become the new AWA World Heavyweight Champion.

1983 saw the rise of Hulkamania, and Hogan’s similarity to The Incredible Hulk led to a quitclaim deal between Hogan and Marvel Comics. While he wasn’t quite one of the richest wrestlers in the world at this point, his growing popularity quickly increased his net worth.

Mainstream Fame

By 1984, Hulk Hogan had become a pop culture icon. He was even named the most-requested celebrity of the 1980s for the Make-A-Wish Foundation. At WrestleMania in 1987, Hogan was booked to take on Andre the Giant, and he ultimately beat him to defend the World Heavyweight title. Hogan landed a bodyslam on the 520-pound Giant during this match, dubbed “the body slam heard worldwide.” Soon after, Hogan teamed up with “Macho Man” Randy Savage to help him defeat Ted DiBiase at WrestleMania IV.

In 1990, Hogan entered into a feud with Earthquake, who had crushed Hogan’s ribs on The Brother Love Show early that year. Eventually, he defeated Earthquake and became known as “The Immortal” Hulk Hogan, the first wrestler to win two consecutive Royal Rumble matches. A few years later, Hogan started another feud with Lex Luger and The Giant after they defeated him and Dennis Rodman at Bash at the Beach.

Legacy

By 2000, Hulk Hogan had become a household name, even to those who had never watched his wrestling matches. At No Way Out in 2002, Hogan got into a confrontation with The Rock and Stone Cold Steve Austin for a chance to become the WWF Champion. Soon after, she started a feud with Triple H and then defeated him to become the Undisputed WWF Champion, the last in the series’ history.

However, once the WWF was changed to the WWE, Hogan lost his title to The Undertaker, which led to a feud with Kurt Angle. As a result of this feud, Brock Lesnar got involved, and during the April 2002 episode of SmackDown, he defeated Hogan, leaving him unconscious.

Hogan then went on a hiatus until early 2003, when he returned to take on The Rock again at No Way Out. That same year, he left WWE and began performing for Total Nonstop Action Wrestling, but he ultimately returned to WWE two years later. In 2005, Hulk Hogan was inducted into the WWE Hall of Fame by Sylvester Stallone, and a year later, Hogan inducted Gene Okerlund.

Scandals & Returns

From 2009 to 2013, Hulk Hogan returned to Total Nonstop Action Wrestling before making his fourth return to the WWE. On Raw in 2014, he made his first appearance since 2007 to introduce Arnold Schwarzenegger and Joe Manganiello as guests.

A year later, the National Enquirer publicized Hogan’s 2007 anti-black rant, which led to a huge media scandal. This led to the WWE terminating his contract, while Mattel stopped producing action figures with his likeness, despite Hogan’s pleas for forgiveness.

Although he was sidelined for a few years, Hulk Hogan returned to WWE in 2018, when he was reinstated into its Hall of Fame. While he hoped to have at least one more match in the WWE, he has only made appearances outside of matches thus far.

Gawker Lawsuit

In 2012, Hulk Hogan sued Gawker Media, a gossip news website, for $140.1 million, alleging that the website had violated his personal privacy. This came about through a secretly recorded video involving Hogan and his best friend’s (Bubba the Love Sponge) wife having consensual sex. Then, Gawker somehow obtained the video and decided to post a two-minute edited clip on the front page of their website for millions of people to see.

After seeing this, Hogan asked Gawker to remove the video immediately, but they refused. This fueled Hogan’s lawsuit filing, claiming it was posted without his permission and caused him long-term humiliation.

Unbeknownst to Gawker, Hogan’s lawsuit was funded by Tech Billionaire Peter Thiel, who had a personal score to settle with Gawker’s CEO, Nick Denton, for publishing an article outing him as gay in 2007. Thiel also disliked how many lives Gawker ruined through their content and vowed to do all he could to help other victims defend themselves from Gawker’s attacks.

Lawsuit Judgment

A jury later awarded Hogan a $140.1 million judgment, broken down into a $115 million verdict against Gawker, $60 million in emotional distress, $55 million in economic damages, and $25.1 million in punitive damages. However, this was not the final amount Hogan received, as Gawker appealed and was forced into bankruptcy. The case reached a final settlement of $31 million in June 2021.

Meanwhile, the suit proved too costly for Gawker and its founder, Nick Denton, on a personal level, as much of his net worth was tied up in the company; therefore, he had to file for personal bankruptcy later the same year. Fast forward to 2024, Hogan, Ben Affleck, and Matt Damon are all working on the “Killing Gawker” movie, but its release date remains unknown.

Divorce Settlement

The event that had the most significant impact on Hulk Hogan’s wealth, as is the case with most successful men, was his divorce from his ex-wife, Linda. Court documents revealed that in 2007, before the divorce, Hogan had an overall net worth of $30 million, which was split between business investments, liquid investments, cash, and real estate.

Ultimately, Linda received 40% of Hogan’s businesses, a $3 million cash settlement to cover outstanding property mortgages, and 70% of their liquid investments, including stocks and bonds. According to reports, this 70% figure equated to $7.44 million in total. Hogan would later reveal that the settlement pushed him onto the verge of bankruptcy.