Charles Barkley has an estimated net worth of $60 million. Right now, he’s still cashing in checks thanks to his gig at TNT’s “Inside The NBA” and his multiple investment ventures. There’s no question that Barkley wants to continue to keep earning (who doesn’t?), but if there’s one thing he doesn’t want to do, it’s to pass on all his fortune to his family.
No to freeloaders
Barkley, who admitted that he’s been supporting his family since his playing days, once boldly said that he wants to spend every single penny in his bank account by the time he’s dead. He is also strongly against leaving a large windfall for his family and kid.
Sir Charles believes that given the fact he earned all that money, it’s his choice on how to spend it. Ironically, when his time comes, Barkley wants to make sure that he spends all his remaining money on gambling.
“Listen, everybody knows I like to gamble,” Barkley told Golf.com. “I wanna be dead broke when I keel over, Phil. I don’t want to leave all that money for my free-loading family. I’ve been taking care of them my whole life. I wanna be dead broke at my last breath.”
Smart or questionable choice by Barkley?
In retrospect, Barkley’s money is his, and he has every right to do what he wants with it. He earned all those paychecks by being a Hall-of-Famer and a goofball on television.
If we’re taking his word literally, it sure seems like Chuck would rather gamble (he once admitted that he had an addiction problem) than leave his generational wealth to his family. The statement was surely a joke, but it carries a message a lot of rich people send to family and friends - earn your place in life.
On the flip side, if Barkley is indeed serious about wanting to be dead broke at his last breath, then props to him for thinking about living his life to the fullest. Many (I included) would probably do the same if they had Barkley’s fortune and wealth. But not everyone is blessed with Charles’ basketball talent and luck, which is why he’s only one of the few in a million who can do such things.