$450 Million Worth Arnold Schwarzenegger Lost Tens of Millions During His Political Career

Published 06/18/2022, 10:30 AM EDT

You must have heard the phrase ‘You only live once.’ Well, perhaps that’s the motto by which bodybuilding legend Arnold Schwarzenegger lives his life. Not to exaggerate, but the Austrian-born American is one of the most versatile human beings on the planet. From bodybuilding to acting to business and even politics, he has excelled in everything he has touched. However, while his political career was a very important phase of his life, it also cost him a great deal of money.

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Just like his movies, Arnold Schwarzenegger has led a fascinating life. Perhaps when he was in Austria, all that he has achieved now would have been a distant dream. However, he was always a dedicated, hard-working person. He not just dreamed, but he also had the courage to turn his dreams into reality.

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Arnold Schwarzenegger revealed an intrinsic detail about his political career

The Terminator star was the Governor of California from November 17, 2003, to January 3, 2011. About his political career, the bodybuilding legend said, “I was never trying to be a career politician who runs for Congress and the Senate. I just felt since America has given me every opportunity to achieve in life.”

KATOWICE, POLAND – 2018/12/03: Austrian-American actor and former governor of California, Arnold Schwarzenegger seen walking between rooms during the COP24 UN Climate Change Conference 2018. (Photo by Omar Marques/SOPA Images/LightRocket via Getty Images)

However, even though he just wanted to serve the people, politics cost him a lot of money.

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Elaborating on the expenses, Arnold further added, “It was around USD 187,000 a year, which is petty cash…for me! I lost out on earning tens of millions of dollars and it also cost me – political campaigns are expensive – but none of that mattered. I wanted to help the people. It was the most educational thing I’ve ever done.”

Highest paid movies for Arnold

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Even though his political career might have been an expensive deal for him, Arnold has enough money. According to Celebrity Net Worth, his net worth is $450 million in 2022. A large part of his income comes from movies and endorsements, while he also organizes some of the biggest sports tournaments in the world, accounting for his enormous wealth.

Commando, Predator, Total Recall, and Terminator 2 are some of his top-earning movies. However, Schwarzenegger’s largest paycheck came from his role in Collateral Damage, in which he earned an estimated $25 million.

BARCELONA, SPAIN – SEPTEMBER 20: Arnold Schwarzenegger is seen giving a press conference at the IX Arnold Classic Europe in the Theatre Victória on September 20, 2019 in Barcelona, Spain. (Photo by David Zorrakino/Europa Press via Getty Images)

What do you think would be his net worth today if Schwarzenegger would have skipped going into politics?

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Saurav Panwar

541 articles

Saurav Panwar is a US Sports writer at EssentiallySports. A postgraduate in Media and Communication Studies, he shares a profound love for creative direction and filmmaking. Saurav is also an avid reader and a literature devotee whose fandom spreads from classics to sci-fi, non-fiction, plays, comics, and much more.

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