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Yao Ming Net Worth

Yao Ming Net Worth 2020

Yao Ming is a retired basketball player. He played for the CBA’s (Chinese Basketball Association) club- Shanghai Sharks and later for the NBA’s (National Basketball Association) Houston Rockets. He was the tallest active player during his final season in the NBA and the only non-American player to start All-Star voting in NBA. Let’s have a look at the net worth of Yao Ming in 2020.

Early Life & Biography

Yao Ming Net Worth 2020

Yao Ming was born in 1980 in Shanghai, China. He and Fang Fengdi are the only children 6.7 feet and 6.3 feet, respectively who were professional basketball players. His 0.5 kg weight was more than twice what an average Chinese baby weighs. Yao Ming started playing basketball at the age of nine and joined a junior school of sports. The doctors predicted he might grow to 2.21 m (7.3 feet) because he was 5.5 feet at the age of ten.

Yao practiced for ten hours each day to be accepted in CBA’s Shanghai Sharks junior team. He played for four years in the junior team and later Sharks senior club and sourced good points. He got an injury in the following season which affected his career. He claimed that breaking his leg for the second time reduced his jumping potential by four to six inches. Sharks made it to the final during his third and fourth, but the Bayi Rockets won both times. Yao scored 38.9 points to see his team win the title the following year.

Personal Life

Yao has only dated one woman, Ye Li. He was aged 17 when he met the Chinese player of basketball. They married in 2007 and had their first daughter, Amy, was born three years later.

He wrote an autobiography and was subject of a documentary that he started filming due to his wildlife interest.
Yao was taking a tailored degree program in the Antai College of Economics and Management since and graduated in July 2018.

Career, Awards & Nominations

Yao began his career in China’s CBA where he played for five seasons for Shanghai Sharks. He played for the Chinese national team during the 2000 Olympics. He also played in FIBA World Champions and won three gold medals.

Yao was signed in 2002 by the Houston Rockets. In the third season of the same year, he was voted for to lead the Western Conference in All-Star Game. He carried Rockets on his back when they narrowly made the NBA playoffs the following year. Due to his impressive deft passing and soft shooting ability, he received all-star honors. During the 2004/2005 seasons and 2007/2009 seasons, he contributed much to the team’s appearance in playoffs.

Unfortunately, he broke his legs during the first seven years playing for the Rockets. His injury persisted and ended his 2008/2009 due to improper healing. It was such serious that he missed the whole season of 2009/10 NBA even after going for surgery.

Yao made his return early 2010/11 season and played five games only to get another injury of his ankle which made him benched for the rest of the season. He decided to retire from basketball in 2011.

He was initiated into the Naismith Memorial Basketball Hall of Fame five years later. In 2017, he turned out to be president of the (Chinese Basketball Association) CBA. Since 2009, he had served as the owner and president of the CBA’s Shanghai Sharks franchise.

Net Worth & Earnings

Yao made a fortune from professional basketball. His estimated net worth is $135 million. His wealth is still increasing after the endorsement of products like Garmin, McDonald’s, Coca-Cola, Apple and Visa among others.

He was the only player from Asia with such a massive impact in the NBA. Yao was the face of the NBA in spreading its popularity across many countries. He will always be celebrated for his determination and achievements in professional basketball worldwide.

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