As one of the most talked-about figures, OJ Simpson has built a significant fortune. In this article, we dive deep into the assets and career highlights.
What Was O.J. Simpson's Net Worth, Salary, and Career Earnings?
3 More Facts About O.J. Simpson's Net Worth
O.J.'s former Brentwood mansion was 6,200 square feet and featured a tennis court, an Olympic-sized pool with waterfalls, and a large multi-unit guesthouse (which was famously occupied byKato Kaelinat the time of the murders). In July 1998, the home was demolished, and a new mansion was built with a new address to keep tourists away. The new home was sold in November 2005 for $13.6 million.
Rockingham Mansion Foreclosure
O.J.'s entire net worth was drained by his criminal trial. He continued to live in his Brentwood mansion until he was evicted in 1997 after defaulting on the mortgage. The 6,200-square-foot house was bought in foreclosure for $4 million and demolished in 1998. After being evicted, O.J. bought a home in Florida and soon declared bankruptcy. Crucially, he declared bankruptcy after moving to Florida, a state where your primary home can't be seized by bankruptcy. Furthermore, in the decades after his acquittal, O.J.'s primary source of income was a fully-funded NFL pension that was reportedly worth as much as $5 million and, when combined with other pensions, generated around $400,000 per year. State law protected this pension money from being claimed by the Goldman family. O.J. Simpson died on April 10, 2024, at the age of 76, after a battle with cancer.
As we stated previously, in 1977, O.J. paid $650,000 for a home located at 360 N. Rockingham in LA's Brentwood neighborhood. He was not the first celebrity occupant of the home. Immediately prior to his purchase, the home was being leased by then-married coupleJames TaylorandCarly Simon. O.J. and Nicole married at the home in 1985.
O.J. Simpson was an American football player, sports commentator and actor who has a net worth of $3 million. In a court filing during his 1992 divorce, O.J. Simpson estimated his net worth to be$10.8 million. That would ultimately prove to be Simpson's peak net worth, and FYI, being worth $10.8 million in 1992 is the same as being worth $25 million today. Around half of his net worth in 1992 came from the value of his Brentwood estate. He bought that estate in 1977 for $650,000 (roughly $3.5 million today). According to the settlement terms of their divorce, O.J.'s monthly income in 1992 was $55,000. That's the equivalent of $125,000 per month after adjusting for inflation, roughly $1.5 million per year today. The majority of that income came from his Hertz endorsement contract. To settle the divorce, O.J. agreed to pay Nicole $10,000 per month in child support plus a one-time payment of $433,750 ($1 million after adjusting for inflation). He also gave Nicole a rental property in San Francisco.
In an effort to assert his innocence, O.J. gave a thorough tour of the Rockingham estate in 1996 following his acquittal. Here's the video tour:
In 2000, he paid $575,000 for a home in Miami. The home, which is located at 9450 SW 112th Street, was foreclosed on in 2012 after his daughter stopped making the mortgage payments. At the time, Simpson was imprisoned in Nevada. In 2014, this property sold at a foreclosure auction for $513,000. The home was razed in 2023, and in February 2024, the 1.6-acre lot was listed for sale for $2.4 million.
In July 1997, after Simpson failed to pay $86,000 worth of mortgage payments on his home, the estate was offered at a foreclosure auction. Bidding started at $1.875 million. At the end of a three-minute public auction, the winner was Hawthorne Savings, the same lender that held O.J.'s $2,531,259 mortgage. The bank's winning bid was $2,631,259, exactly $100,000 more than Simpson owed on the property. Only one other bidder participated in the auction.
As you know, in 1995, Simpson was found criminally not guilty of the murder of Ron Goldman and his ex-wife,Nicole Brown Simpson. He was not sued in civil court by Nicole's family in order to prevent her children from being forced to testify against their father. O.J. was sued in civil court by the family of Ronald Goldman, his other alleged victim. Simpson was ordered to pay the Goldman family $33.5 million in damages, roughly $65 million in today's dollars. Over the decades, that number has grown to just under $100 million today with interest. Roughly $500,000 was paid down through the sale of various assets and memorabilia. O.J. Simpson was a convicted criminal thanks to a robbery/kidnapping incident that took place in Las Vegas in 2007.
Ultimately, OJ Simpson's financial journey is a testament to their success.
Disclaimer: All net worth figures are estimates based on public data.