What was Babe Ruth’s net worth at death?
While $800,000 might seem like a modest sum today, it was a significant amount of money in the 1940s. Keep in mind, the average American household income in 1948 was only about $3,000 a year. Ruth was also a shrewd investor, putting his money to work in real estate and other ventures. While he had a reputation for being a big spender, he was also smart with his money, which helped him build his fortune.
His success can be attributed to his incredible talent on the field. He was one of the most popular athletes of his time, and his name was synonymous with baseball. He also made smart business decisions, signing lucrative contracts and endorsements. Ruth knew the value of his brand and leveraged it to become one of the first true sports superstars.
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