Chris Paul was born in Lewisville, North Carolina, on the 6th of May 1985. His mom is Robin Paul
and he grew up with his older brother, Charles "C.J." Paul. His family gave him the nickname
"CP3" because he, his father, and his brother all share the same initials.
A former athlete himself, Charles Sr. taught his sons basketball and football and coached them in
various youth leagues throughout their childhoods. Paul excelled at both basketball and football as
a youth but chose to stick with basketball in high school—even though as a freshman he was considered
too small to play. He was 5 feet tall at the time. Chris attended West Forsyth High School in
Clemmons, North Carolina just outside of Winston-Salem. He was on junior varsity for
the first two years. There was a growth spurt his junior season he finally made varsity.
He averaged 25 points a game and in his senior year averaged 30 points and 6 steals a game.
Talk about a pick pocket. Now 6 feet tall he was named
Mr. Basketball of North Carolina in 2003 and considered one of top prospects in the country.
He stayed close to home to play college ball at Wake Forest University.
Paul spent two years at Wake, averaging 15 points 6 assists and 2 and a half steals per game. He
also kept a 3.21 grade point average in college. Chris Paul declared for the NBA draft in 2005,
and was selected fourth overall by the New Orleans Hornets,
where he has won the NBA Rookie of the Year Award. Chris Paul has also been selected to twelve
All-Star teams, ten All-NBA teams, and nine All-Defensive teams, two Olympic gold medals,
and led the NBA in assists five times and steals a record six times. Quite a resume.
In 2021, he was selected to the NBA 75th Anniversary Team. He also served as the president
of the National Basketball Players Association. Paul is widely regarded as one of the greatest
point guards of all time and also spawned the nickname “Point God”.
To be this good for this long is truly outstanding.
His career is cemented as a legend that has led him to accumulate a lot of money over the years.
So, the question is how did he accumulate his wealth? How does he spend it? Stay tuned and
find out. Salary
CP3 has played for over 17 years now so he has had a lot
of contracts during that time. Here are a few. In 2013, he signed a 5 year/ $107 Million dollar
deal with the Clippers. In 2018, he signed a 4 year/ $160 million dollar deal with the Rockets.
Now with the Suns, Point God signed a 4 year / $120 million dollar contract with in 2021.
This includes $75 million guaranteed, and an annual average salary of whopping $30 million.
His deal with Phoenix ends at the end of 2025. Over his career CP3 has earned over $326 million
dollars lifetime. Truly mind blowing Endorsement Deals
Chris has contracts with Nike, Beyond Meat, Spalding, and many more.
In 2005, Paul signed a four-year contract with Nike. This deal happened right after
New Orleans Hornets drafted him. As of now, he endorses the Jordan
brand. He has had 12 signature sneakers called the Jordan CP3 collection. Some our favorites include
the CP3 fives and CP3 tens. Pretty fly right? You may have seen Chris in State Farm commercials.
He often appears with Jake from State farm and has been with the brand for years.
Apart from such endorsements, Chris Paul is also improving as an angel investor.
Chris Paul has an investment in Hyperice massagers and therapeutic devices for athletes.
The NBA was part of a $48 million-dollar funding round that CP3 got in on.
Other stars like Ja Morant, Trae Young and Russell Westbrook also invested funds in this round.
Paul was also part of a funding round which raised $4 million dollars for Chirpify,
a social commerce and payment system. He also has investments in RSPCT Basketball and Beyond Meat.
Chris Paul earns in the range of $8 million per year for his endorsements
and sponsorship deals. Go get it Chris! Now, that we’ve learned about Point God’s
income streams, Chris Paul has a current net worth of… wait, we will get to that later.
Let’s see how Paul spends his millions. Houses
The NBA star is a seasoned real estate wheeler and dealer. While with the Los Angeles Clippers,
Paul had a mansion in Bel-Air that he bought from singer Avril Lavigne. The home has 11 bathrooms
and a 10-car garage, along with a gym, sauna, swimming pool, spa, and a 16-seat home theater.
With two kitchen island this estate has more than 12,000 square feet.
He bought it for 8.3 million and later sold it for $8.7 million.
While in Houston, CP3 had 10,000 square foot mansion with 5 bedrooms and 6 full bathrooms and
3 half baths. This Mediterranean-style house has a lime-edged pool, rustic style patio, pool house,
library, theater room and more. When he bought it, it was listed at $6.9 million. When he went to
Phoenix, he ended up selling it for $7.2 Million. The “point god” owned a pad in Calabasas,
CA which he picked up in 2017 for $9 million. This mini Italian Villa comes with 11,000 square feet,
beautiful tile and woodwork, a screening room, a barbershop, a pizza oven, a pool,
a full basketball court and an outdoor fire pit. Chris sold it for $11.05 million
pocketing a hefty $2 million profit. Chris Paul recently paid around $11
million for an off-market house in Encino. We don’t have may visuals of the house, but the
estate is a two-story building, with a separate guest house and an attached five-car garage.
It spans over more than 12,000 square feet and also includes various features such as a cabana,
swimming pool, and a sports court. Living it up in style baby!
Cars Chris
sure knows how to spend his chips on vehicles.
His car collection includes a Jeep JKU Wrangler Unlimited and a Range Rover.
Per Dreamworks Motorsports, his garage also includes a Cadillac Escalade and BMW 750LI.
His interest in classic vintage vehicles is also on point as he owns a Custom ’71 Chevrolet C-10
and a 1977 Monte Carlo with a Custom trunk. Fun fact that in 2018, he surprised his
teammate Gary Clark by gifting him a new Mercedes on his birthday.
Fashion Chris Paul has a stylist that he has used for many
years named Courtney Mays. She chooses the brands and looks he needs to keep his look and wardrobe
fresh. Chris can keep it stylish in many ways. We like it when he goes casual but also preppy.
According to GQ, Paul loves wearing the Patek Philippe World Time.
It is a luxury watch strapped in leather, gold coated and can tell time in two time zones.
Also, we can see him flaunting this watch on Instagram. This timepiece costs about $40,000.
Big “Time” for sure. Haha get it? Charity
There’s no doubt that Chris Paul is an active face when giving back to the
community. Throughout the years, he has been part of several fundraisers and non-profits.
Chris and his family founded the Chris Paul Family Foundation in 2005.
They partnered with The Winston-Salem Foundation with respects to his late grandfather.
The foundation hosts a variety of events on a community level. It aims to promote equality
in education and developing strong communities. In 2012, he partnered with the All-Star Lineup
of the NBA. The team launched the ‘HAITI: Aid Still Required’ Campaign. The idea
was to use his social media clout to raise funds for the earthquake victims of Haiti.
Paul partnered with State Farm and his foundation to donate to Alder Elementary. They set up a new
computer lab and interactive board as part of the “Exist to Assist” community program.
Similarly, Paul worked with “Boys & Girls Clubs of America”
He donated notebook computers, tablets, and a tech-powered golf simulator.
CDW, Lenovo, and GOLFZON partnered with him in this venture. Likewise, his foundation made a $1
million commitment to many Boys & Girls Clubs. ESPN named Chris Paul as Sports Humanitarian
Of The Year in 2016. His positive impact on society has been very inspirational.
In 2018, Paul donated $2.5 million to Wake Forest Basketball. It was where he crafted his
basketball skills back in the day. Paul wanted to give back to improve Wake Forest Athletics.
Family Chris Paul isn't
shy about giving fans a peek into what it's like raising two kids. The two-time Olympian shares
two kids with his wife, Jada Paul, whom he married in 2011. And judging by Chris's Instagram account,
you can likely find him hanging out with his family when he's not on the court.
Whether he's enjoying a meal out with his daughter or shooting hoops in the backyard with his son,
Point God frequently shares photos of his kiddos on social media. He is also an avid bowler.
Now is the time you all have been waiting for. How much is CP3 worth?
Without any going further, Chris Paul has a net worth of $160 million dollars. Wowsers!
Until next time, see you on the next one and peace out.