Junior Bridgeman is a well-known businessman and former NBA star, and Junior Bridgeman net worth has been estimated to be around some million in 2023. As a professional basketball player, he had a 12-year career with the Milwaukee Bucks and Los Angeles Clippers, during which he was selected to two all-star teams.
After retiring from the NBA in 1987, Junior invested his fortune into various business ventures, most notably becoming the owner of over 160 Wendy’s fast-food restaurants.
What is Junior Bridgeman’s Net Worth and Salary 2023?
As of 2023, Junior Bridgeman’s estimated net worth is around $400 million. He made his fortune as a professional basketball player, a fast-food franchise owner, and an investor. His basketball career spanned 12 seasons in the NBA, during which he earned a salary of around $2.6 million.
Junior Bridgeman Overview
Junior Bridgeman is an American businessman and former professional basketball player. He was born in East Chicago, Indiana and attended the University of Louisville, where he was a star basketball player, leading the Cardinals to the NCAA Final Four in 1975 and 1976.
After his college career, he was drafted by the Los Angeles Lakers in the 1977 NBA Draft but was traded to the Milwaukee Bucks shortly after that. Bridgeman played eleven seasons in the NBA, all with the Bucks, before retiring in 1987.
After retiring from the NBA, Bridgeman became an entrepreneur and has had a successful career in business. He began investing in fast food franchises, eventually owning more than 150 Wendy’s, Chili’s, and Fazoli’s restaurants.
He also owns a bottled water company, Big Red, Inc., and is the majority owner of the NBA’s Minnesota Timberwolves. In addition, Bridgeman is a noted philanthropist, having donated millions of dollars to various charities and causes.
Bridgeman has been highly successful in business, but he still remembers his roots. He continues to be involved in basketball, serving as a commentator for college basketball games on ESPN and a member of the Naismith Memorial Basketball Hall of Fame.
Bridgeman is an example of how a successful athlete can transition into a successful businessperson and philanthropist. He inspires other athletes looking to make the most of their post-athletic careers.
Early Life And Career
Junior Bridgeman, born Ulysses Lee Bridgeman Jr., is a retired American professional basketball player who enjoyed a 12-year career in the NBA.
He was born on September 17, 1953, in East Chicago, Indiana, where he attended Roosevelt High School and excelled at basketball and baseball. After his high school graduation, he attended the University of Louisville, where he averaged more than 20 points per game in three of his four years as a Cardinal.
The Los Angeles Lakers selected Bridgeman as the 8th overall pick in the 1975 NBA Draft. He would play for the Lakers for three seasons before being traded to the Milwaukee Bucks in 1978.
Bridgeman would become a fan favorite during his time with the Bucks, averaging 11.8 points and 7.4 rebounds over eight seasons. In 1986, Bridgeman was traded to the Clippers, where he would finish out his career after two seasons.
Bridgeman was known for his effective mid-range jumper and his ability to score off the fast break. He was also a strong rebounder and defender.
In 1983, Bridgeman led the Bucks to the Eastern Conference Finals, ultimately losing to the Philadelphia 76ers. He was also selected to the 1982 All-Star game and was named to the All-Defensive Second Team in 1983.
After his playing days were over, Bridgeman moved into business. He was an early investor in Wendy’s and eventually became the company’s largest franchisee owner.
He also invested in other businesses and is estimated to have a net worth of more than $400 million today. Bridgeman has been inducted into the University of Louisville Hall of Fame and the Indiana Basketball Hall of Fame.
Personal Life
He and his wife Doris have been married for almost 35 years. The couple has three adult children, all of whom hold MBAs and work for the family company.
The Milwaukee Bucks retired Bridgeman’s number two jersey in 1988.
Bridgeman has personally funded the establishment of various basketball camps and a boys’ school in Louisville for homeless youngsters.
He is a member of the PGA’s board of directors.
Real Estate
Junior Bridgeman is one of our most successful real estate entrepreneurs. Born in Louisville, Kentucky, in 1953, he began his career as a basketball player for the University of Louisville.
After graduating, he played professionally for the Los Angeles Lakers and Milwaukee Bucks. In 1984, Junior retired from professional basketball to pursue a career in business.
He began his foray into real estate by investing in two Wendy’s restaurants. His success in this venture enabled him to purchase more properties, and eventually, he formed a real estate investment trust called Bridgeman Properties.
Over the past 30 years, Bridgeman Properties has become one of the largest and most successful privately-owned real estate companies in the United States.
The company owns and manages over 100 commercial and residential properties across the country, and its portfolio includes office buildings, retail centers, industrial parks, and apartment complexes.
Why Is Junior Bridgeman Famous?
Junior Bridgeman is a retired American professional basketball player who is most famous for his 12-year career with the Milwaukee Bucks and Los Angeles Clippers.
The Bucks drafted Bridgeman in 1975, where he played for six seasons before being traded to the Clippers. During his time in Milwaukee, Bridgeman became an All-Star, averaging 16.1 points, 5.5 rebounds and 4.3 assists per game.
FAQs about Junior Bridgeman
Is Junior Bridgeman a billionaire?
Junior Bridgeman, who made his fortune in the fast-food industry, has been rumored to be a billionaire. However, there needs to be a clear indication that this is true.
He has had some successful business ventures, including investments in the Wendy’s and Chili’s restaurant chains, but it has yet to be known exactly how much money he has amassed over the years. While he may not be a billionaire, he has successfully built his wealth.
How many restaurants does Junior Bridgeman own?
He is estimated to own over 80 Wendy’s, Chili’s Grill & Bar, and Fazoli’s restaurants throughout the United States. Bridgeman is considered to be one of the most successful African-American restaurant franchisees in the country, and his success story serves as an inspiration for many aspiring entrepreneurs.
Who is the richest ex-NBA player?
Michael Jordan is widely considered to be the wealthiest former NBA player. The six-time NBA champion and Hall of Famer has a net worth estimated at around $2.1 billion.
Junior Bridgeman franchises?
Junior Bridgeman is a successful entrepreneur who has had great success in business. He is best known for his chain of fast-food franchises, which he started in the 1980s.
Vinnie Johnson’s net worth?
Vinnie Johnson, also known as “The Microwave” due to his ability to heat the court, is a retired professional basketball player with a net worth estimated to be around $20 million.
Conclusion
Junior Bridgeman is a remarkable example of success through hard work, dedication, and smart investments. His career accomplishments prove that it is possible to achieve financial freedom, even after a successful sports career.
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