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Mitch Richmond net worth, career and retirement

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Mitch Richmond
Mitch Richmond. Photo/Sky Sports
  • He is a former American basketball player
  • He played 14 seasons in the NBA
  • He retired from NBA in 2002

Richmond Mitch is a retired American basketballer who played for the NBA and his estimated net worth in 2023 is estimated to be $ 20 million.

The player was a member of the team that won a gold medal in the 1996 Olympics and a six-time NBA All-Star, a five-time All-NBA Team Member.

He played 14 seasons in the NBA and was drafted by the Golden State Warriors with the fifth overall pick in the 1988 NBA draft.

Mitch Richmond Biography

Full name Mitchell James Richmond III
Age 58  years old
Height 1.96 m
Place of birth Fort Lauderdale, Florida, USA
Date of birth June 30 1965
Nationality American
Occupation Basketball player
Source of wealth Basketball earnings
Marital Status Married

Net Worth

Mitch has a whopping net worth of $20 million from his basketball career. In his NBA career, Mitch earned over $100 million in salary.

Apart from his career earnings, Mitch also had endorsements that were generating income and business ventures contributing to his impressive net worth.

He was inducted into the Hall of Fame and that came along with a bonus of $250,000.

Personal Life

Richmond was born on June 30 1965 in Fort Lauderdale, Florida, USA to James and Ernell Richmond. He has two brothers James Jr. [a businessman]and Michael, a minister.

His father was a basketball player at Fort Lauderdale High School and also a member of the United States Army, while his mother was a homemaker.

Mitch Richmond

Mitch Richmond. Photo/ESPN

He began playing basketball at an early age, to high school and proceeded to Moberly Area Community College in Missouri and then to Kansas State University. 

Richmond is married to Juli Richmond and they had three sons together though they lost their third born in 2019.

He has also sired a daughter with Teala Jones by the name of Tearra Gates. He is a philanthropist who has participated in several charity organizations and is also the founder of Mitch Richmond Foundation, a foundation which provides scholarships to young people who want to pursue sports.

Richmond was a talented basketball player who had a long and successful career. He was a great scorer and shooter and was also a solid defender. Whenever he played, he was a fan favorite and was a key member of several successful teams.

Career

Mitch played in college for the Moberly Area Community College Greyhounds before joining Kansas State Wildcats. He was then drafted by the Golden State Warriors with the overall pick in the 1988 NBA draft.

He played for the Warriors for three seasons before he was traded to the Sacramento Kings, spending seven seasons with them and was named to the All-NBA First Team twice and the All-NBA Second Team thrice.

After seven seasons with the Kings, Mitch played for the Washington Wizards and the Los Angeles Lakers then retired from the NBA in 2002.

The player was inducted into the Naismith Memorial Basketball Hall of Fame In 2014. Before joining NBA, he played for the U.S. national team and won a bronze medal at the 198 Summer Olympics in South Korea, and also won the U.S. men’s national basketball the same year.

Let’s take a look at his achievements in his career:

  • He won a gold medal with Team USA in the 1996 Olympics
  • He won twice in the NBA All-Defensive Second Team
  • He was inducted into the Naismith Memorial Basketball Hall of Fame in 2014
  • He won in the NBA All-Defensive Second Team twice
  • He won in the All-NBA Team five times
  • He won in the NBAAll-Star six times
  • He led the Kings to the Western Conference Finals in 1996
  • He led the NBA in three-pointers with 221
  • He led the NBA in scoring in 1995-96 with 27.2 points per game

After retirement, Mitch served as an assistant coach for the Sacramento Kings and an assistant coach for St.John’s University men’s basketball team.

Mitch Richmond

Mitch Richmond. Photo/FirstSportz

He also owns a company,” Mitch Richmond Enterprises”, a company that provides marketing, consultation and event planning services.

The retired player has been a guest analyst for NBA games on television and radio and also writes a weekly column for the Sacramento Bee.

Luxury Collection

Based on Richmond’s net worth and career earnings, it is likely that he owns several luxury cars and properties. However, we have no details.

FAQs

How old is he?

58 years old

What is his net worth in 2023?

$20 million

When did he retire from the NBA?

2002

Is he married?

Yes

Does he have children?

Yes.

My passion is capturing the untold journey of global athletes from humble beginnings to superstars in their own right.

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