Joe Montana Net Worth

How much is Joe Montana’s net worth?

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net worth:	$150 million
age:	68
Birth:	June 11, 1956
gender:	Male
Height:	1.88 m (6 ft 2 in)
country of origin:	United States of america
Sources of funds:	Professional NFL players
Last Updated:	July 28, 2024

Introduction

Former professional American football player Joe Montana took a job at a venture capital firm, which brought him great success in his second career.

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Nearly everyone agrees that Joe Montana is one of the greatest professional athletes to ever run onto a football field.

He made more money from venture capital investments than he did from salary and sponsorships during his playing career.

As of July 2024, Joe Montana’s net worth is estimated to be $150 million.

Joe Montana Facts

The editors of The Sporting News ranked Montana third on their list of football’s 100 Greatest Players in 1999.
He is recognized as the NFL’s fourth greatest NFL player of all time.
Joe was inducted into the Pro Football Hall of Fame in 2000.
Montana has twice been the NFL passing touchdown leader, in 1982 and in 1987.
Joe received the Bert Bell Award in 1989.

early life

Joseph Clifford Montana Jr. was born on June 11, 1956, in New Eagle, Pennsylvania, United States.

His parents, Theresa Marie Bavuso and Joseph Clifford Montana Sr., sent him to Waverly Elementary School, after which his senior schooling took place at Finleyville Junior High and Ringgold High schools.

Due to Joe’s outstanding basketball talent, “North Carolina State” offered him a basketball scholarship during his final year.

But Joe’s impressive skills on the high school football team caught the attention of “Notre Dame” and he eventually received a scholarship offer, which he accepted.

When Montana enrolled at Notre Dame in 1974, he competed in freshman team competitions.

This talented athlete made an impression on Dan Devine when he beat North Carolina in 1975.

Montana missed the first two games of the 1977 season due to a shoulder injury, then played against Purdue. After the team’s success in the last game of the season, he was appointed the starting quarterback.

He played a key role in the team’s victory over the Pitt Panthers in 1978, and had his best performance the following year against Houston.

Montana’s memories of the game inspired the film Seven and a Half Minutes to Destiny.

Livelihood

After a successful stint at “Notre Dame,” he earned a degree in Business Administration and Marketing, which proved very useful to him after retiring from football.

He was selected 82nd in the 1979 NFL Draft by the San Francisco 49ers, one of the richest NFL teams.

Although the “San Francisco 49ers” suffered some defeats the following season, Montana passed for 1,795 yards and 15 touchdowns.

In 1981, the club met the “Cincinnati Bengals” in “Super Bowl XVI”, and the talented quarterback once again put up a brilliant performance to help the team win the game.

Joe joins AJ Green, Geno Atkins, Carson Palmer, and Boomer Esiason as award-winning Bengals players.

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After a few more wins, Montana went on his second straight “Pro Bowl” trip in 1984, where he defeated the “Chicago Bears” and the “New York Giants”. The team set the record for most passing yards in a single game while playing with the “Dolphins” in “Super Bowl XIX”.

In 1985, the team lost to the “New York Giants” in the NFC Wild Card Game and the following year Joe was injured and had to undergo surgery.

His career peaked in 1987, when he completed 31 touchdown passes in just 13 games and set an NFL record for completing 3,054 yards without throwing a single incomplete pass.

In 1988, the club defeated the Minnesota Vikings and Chicago Bears in the playoffs to earn a second berth in Super Bowl XXIII.

After signing a three-year contract, he moved to the Kansas City Chiefs in 1993 but recurring injuries affected his playing time.

Nevertheless, he appeared in only two games in 1994 after recovering from his injuries and announced his retirement in April 1995.

Career Income and Salary

Year	Team	Salary
1979	San Francisco 49ers	$100,000
1980	San Francisco 49ers	$70,000
1981	San Francisco 49ers	$85,000
1984	San Francisco 49ers	$1,150,000
1985	San Francisco 49ers	$900,000
1986	San Francisco 49ers	$950,000
1987	San Francisco 49ers	$1,000,000
1988	San Francisco 49ers	$1,100,000
1989	San Francisco 49ers	$1,200,000
1990	San Francisco 49ers	$4,500,000
1991	San Francisco 49ers	$3,500,000
1992	San Francisco 49ers	$3,000,000
1993	Kansas City Chiefs	$4,000,000
1994	Kansas City Chiefs	$4,000,000
Total Career Earnings:		$25,555,000

In 1979, Joe Montana signed a three-year rookie contract worth $255,000 with the San Francisco 49ers.

His signing bonus was a mere $50,000, allowing him to earn $100,000 in his first NFL season.

Montana earned only $70,000 in 1980 and $85,000 in 1981.

If we adjust for inflation, this would result in $266,000 and $293,000, respectively.

In 1984, Montana signed a six-year extension with the 49ers worth $6.3 million.

He earned $1.15 million for the year, which would be equivalent to $3.5 million in today’s currency when adjusted for inflation.

That would also mean his $6.3 million contract would likely be worth closer to $18 million today.

In 1990, Montana signed a four-year contract with the 49ers worth $13 million.

He earned $4.5 million in 1991, $3.5 million in 1991, and $3 million in 1992.

When he joined the Kansas City Chiefs in 1993, he signed a three-year, $10 million contract.

Montana played two years with the Chiefs, earning $8 million before retiring after the 1994 season.

During his NFL career, Joe Montana earned $25.6 million.

He made more money from his venture capital deals than from his football skills. He was one of the first investors in Silicon Valley startup Pinterest before it went public.

Montana was the first of many celebrities, such as Ashton Kutcher, Kevin Durant, and Serena Williams, to start their own investment fund.

How does Joe Montana spend his money?

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Joe owned a stake in a NASCAR racing team and drove some of the most expensive cars in the world, including a Pontiac Trans Am. This was the same car that David Hasselhoff drove in the ’80s television series “Knight Rider.”

Montana used his network of Bay Area business contacts to begin a career as a venture capitalist after leaving the NFL and currently serves as one of the general partners and co-founders of Liquid2 Ventures, a venture capital firm.

Joe and Liquid2 have made successful investments in a number of businesses, including Pinterest, Airbnb, Robinhood, and GitLab.

GitLab is Liquid2’s most successful investment to date, after receiving a $100,000 investment from Joe and his partners in 2015 – at the time, the company had a market cap of $12 million.

In October 2021, GitLab went public with a market capitalization of $15 billion at the end of its first trading day.

This meant that Liquid2’s $100,000 investment was worth over $63 million and was set to grow with the company’s bright future.

Montana put his 500-acre estate in Calistoga, California, up for sale in 2009, asking for $49 million. The property features an olive grove, a bocce court, a basketball court, a spa, a skeet shooting range, horse stables, a guest house, a pool, a private pond, and quarters for the groundskeeper.

The Montana family, which lives mostly outside of Los Angeles, considers the property their vacation home.

In January 2012, he reduced the price to $35 million.

In July 2019, he listed it again for $28.9 million and relisted it in June 2021 for $24.5 million.

personal life

In 1974, Montana married his high school sweetheart Kim Moses, but the marriage only lasted two years before the couple decided to end their marriage.

His second marriage was to Cass Castillo in 1981, but the marriage was unsuccessful and the couple filed for divorce three years later.

In 1985, he had his third marriage to actress Jennifer Wallace, and they are still married and have four children: Alexandra Whitney, Elizabeth Jean, Nathaniel “Nate” Joseph, and Nicholas Alexander.

Beringer teams up with winemaker Ed Sbragia, who makes his own wines under the Monteggia label and also has a stable with his favorite horse, nicknamed That Cool Cat, as one of his many stables.

You can follow Joe on Official Twitter Account Or visit his official Facebook account to see what he is up to these days.

Awards and achievements

Here are some memorable moments from Joe Montana’s career:

He was named the AP NFL Comeback Player of the Year in 1986, and three years later received AP NFL Offensive Player of the Year honors.
Montana received the Super Bowl Most Valuable Player Award three times, once in 1982, then in 1985, and again in 1990.
He is an eight-time Pro Bowler and three-time All-Pro member.
Montana reached the postseason 11 times in his career, including eight consecutive times between 1983 and 1990.
Joe was named Sports Illustrated Sportsman of the Year in 1990.

Summary

Joe had difficulty getting into college football, but he worked hard on the field and academically, earning a spot in the starting lineup.

Despite injuries early on and even when he was at his peak, Joe bounced back and showed the strength of character that was to mark his career.

His commitment to hard work built his record-breaking NFL career and it proved to be a great asset in his work as a venture capitalist, where he assessed companies and their prospects.