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Millionaire at 28, Arnold Schwarzenegger Revealed Secrets That Saved Him From Taking ‘Stupid Roles’ in Hollywood

Published 05/08/2022, 11:50 AM EDT

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A successful bodybuilder, actor, and smart investor, Arnold Schwarzenegger is a legend in almost all facets of life. At a very young age of 23, he won the Mr. Olympia title, Schwarzenegger won many accolades in his career. With fame and glory at a young age, his only focus was to become a millionaire; and he did that before the age of 28. Although he ventured into the acting business, the wealth he made came from other sources.

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His entry into the real estate market fetched him millions as he made smart investments to achieve his dream. It was surely an intelligent move from Schwarzenegger to make money. He also spoke about how this helped him not to take ‘stupid roles’ in movies.


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Arnold Schwarzenegger enters the real estate market

He has acted in a lot of blockbuster movies like the Terminator, Conan, Junior, etc. Thus, with bodybuilding not offering a lot of money earlier, he set out to invest in different apartment buildings. He talked about his significant increase in income by investing in different properties.

“I became a millionaire before I was 28 years old. I was already a millionaire with real estate before I really got into the show business before I did movies. And the advantage of that was, that I didn’t have to take stupid roles just to pay for the rent. So, what they wanted me to do in the beginning was to play villains, Nazi officers, and bouncers and all this crazy stuff.”


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“But I wanted to build myself up to become a leading man. The only way I was able to do that was by having a clear vision and to be financially independent so that I didn’t want to take the stupid roles in the first place,” said Schwarzenegger.

via Getty

It is just incredible to see how he made a lot of wealth.

Investments turn to gold


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First, he used his $27,000 for the first down payment of the house. After that, he invested in a small apartment for $214,000. From there, he sold that house for $360,000 while collecting rents for income. He started repeating this time and time and it became one of the major sources for his goal of becoming a millionaire. Right now, his net worth stands at $450 million.

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The legendary actor made his income through bodybuilding, acting, and other investments. It is just stunning to see him making millions in the real estate market. A success story for the ages, Arnold Schwarzenegger completely knew what his goals were. Just brilliant!


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Jacob Gijy

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Jacob Gijy is a US Sports and NBA writer at EssentiallySports. Gijy finished his Post Graduation in Psychology and worked in a hospital for 2 years before his passion for sports compelled him to find his way to sports journalism. A fan of the great Tim Duncan, he is always ready to pick up a debate with anyone who does not offer the power forward, the respect he deserves.

Edited By: Deepakshi Chaudhary