How rich is Carmelo Anthony: What is His Net Worth
Carmelo Anthony is an American former professional basketball player. His net worth is estimated at a whooping US$260 million. Melo’s primary source of income comes from his 19 seasons as a professional basketball player, investments, endorsements and businesses.
Who is Carmelo Anthony?
Carmelo Kyam Anthony was born to Iriarte and Mary Anthony on May 29, 1984 in the Red Hook housing projects in Brooklyn, New York City. His father happens to be a Manhattan born but to Puerto Rican parents and his mother is an African-American.
Although an American, he has traces of African, Spanish and indigenous ancestry. When Carmelo was 2 years old, his father died of cancer. At age 8, his family moved to Baltimore. Anthony attended Towson Catholic High School and Oak Hill Academy before playing college basketball at Syracuse.
After his junior year At Towson Catholic High School, he received offers from colleges such as North Carolina and Syracuse and wanted to forgo his senior year In High School and join Syracuse.
During the summer of 1999, Anthony grew five inches into the frame of a 6–5 swingman. He suddenly became one of the area’s top players and made a name for himself in the area, being named The Baltimore Sun’s metro player of the year in 2001, as well as Baltimore Catholic League player of the year.
Anthony transferred to Oak Hill Academy during his senior year, located in a town called The Mouth of Wilson, Virginia. During that year, Oak Hill Academy won their first tournament against Mater Dei High School in The Les Schwab Invitational, with Anthony winning the tournament MVP.
Oak Hill Academy won their second tournament against Westchester High School in the Nike Academy National Invitational. In the third tournament, Oak Hill Academy took on St. Vincent-St. Mary High School. Anthony played against future NBA superstar Lebron James in that game. Oak Hill Academy beat St. Vincent-St. Mary High School, 72-66.
Anthony scored 34 points and James 36 points in that game. Anthony’s team ended the season with a 32-1 record and ranked third in the country. He was named a USA Today All-USA First Team All-American.
After graduating from high school, Anthony attended Syracuse University in Syracuse, New York, playing for the basketball team in its 2002-2003 season. During that season, Anthony averaged around 22.2 points and 10 rebounds. He led Syracuse to their first NCAA tournament in 2003 where they defeated the Kansas Jayhawks in the 2003 NCAA Division I Men’s Basketball Championship Game.
Anthony earned the tournament’s Most Outstanding Player’s Award. Shortly after, he declared himself available for the 2003 NBA Draft. That Draft which was considered one of the most talented in NBA history, included Lebron James, Dwyane Wade, and Chris Bosh. Anthony was selected 3rd overall in the 1st round of the draft by the Denver (Colorado) Nuggets.
During his time playing in the NBA, Anthony would be an 11-Time All-Star, 2-Time All-NBA Second Team, NBA Scoring Champion, and a part of the NBA 75th Anniversary Team. Anthony also played on four U.S. Olympic teams between 2004 and 2016 where he won a bronze medal in 2004 in Athens, Greece, and gold medals beginning in 2008 in Beijing, China, 2012 in London, UK and finally 2016 Rio de Janeiro, Brazil.
He is the US Olympic team’s all-time leader in points, rebounds, and games played. Anthony’s NBA teams have included the Denver (Colorado) Nuggets, New York Knicks, Oklahoma City Thunder, Houston (Texas) Rockets, Portland (Oregon) Trailblazers, and Los Angeles (California) Lakers.
Anthony remains an active player as of 2022. Anthony was married to Alani Nicole “La La” Anthony in 2010 and the couple have one son, Kiyan Carmelo Anthony. Alain Nicole filed for divorce against Anthony in 2021.
How many houses and cars does Carmelo Anthony have?
Carmelo rents a $29,000-per-month apartment on NYC’s Upper East Side. He has acquired quite a number of cars in 1971 Chevy Chevelle, Chevrolet Corvette C7 Stingray Coupe, Jeep Wrangler, 6th Generation Maserati Quattroporte and First Generation Bentley Continental GT.
How much does Carmelo Anthony make annually?
As of now, we cannot state categorically what Carmelo takes home annually as salary since he’s retired form basketball. In 2021 when he signed with L.A. Lakers, he took home US$2,641,690.
How many businesses does Carmelo Anthony own?
Carmelo’s businesses are Melo7 Tech Partners, Creative 7, STAYME7O and The Seventh Estate.
What brands does Carmelo Anthony have?
Anthony has the STAYME7O APPAREL & LIFESTYLE BRAND.
How many Investments does Carmelo Anthony have?
The retired basketball player didn’t make such wealth by just playing ball, he has 4 investments which adds to his total net worth. The investments range from tech to clothing line. They are Melo7 Tech Partners: venture firm, Creative 7: media production firm, STAYME7O: fashion label, and The Seventh Estate: wine brand.
How many Endorsement deals has Carmelo Anthony?
Carmelo “Melo” Anthony had endorsement deals with Jordan Brand, Panini, Foot Locker, Powercoco, Isotonix, and Haute Time. In 2020, he made a total of US$6 million from these deals.
How many charities has Carmelo Anthony donated to?
Melo as he’s popularly called has donated to several charitable organizations including US$35,000 in relief to people who were affected by the tsunami that caused the 2004 Indian Ocean earthquake.
Other notable mentions are US$1.5 million to the Living Classrooms Foundation, a non-profit organization that “provides innovative hands-on-education, job-training, and community service programs for over 35,000 children, youth and young adults in the east Baltimore community among many others.
How many Philanthropy works has Carmelo Anthony supported?
Carmelo Anthony doesn’t need an introduction when we’re talking about those who do things for others benefit. He founded the “The Carmelo Anthony Youth Development Center” in Baltimore and has been supporting a number of philanthropy works including Living Classrooms Foundation.
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