Steve Young is a former football quarterback who has made history with his huge wealth. He earned his income from football but did not depend on his profession in its entirety. After he made money, he ventured into business, establishing himself as a skilled businessperson.
Steve Young has gone above and beyond to ensure that he establishes a tangible net worth. Unlike many people who have had careers like Young, he has earned much more from other ventures, becoming a multi-millionaire.
Despite retiring years ago, Steve Young has continued to make his name remembered in many ways. Let’s explore his wealth and the sources!
Early Life and Career Beginnings
Steve Young was born on October 11, 1961, in Salt Lake City, Utah. He joined a school in Connecticut, where he proved to be a skilled athlete. While he was so talented in football, he proved to be an all-round athlete, showcasing great skills.
He was the basketball and baseball captain, putting in a lot of energy to become the best. Considering that his father played football in the 50s, it was easy for him to show great skills and potential.
After high school, Steve Young wanted to join the University of North Carolina. The university wanted Young to join the school badly because of his athletic abilities, but he changed his mind and chose BYU due to his family history with the school.
While he was favored by the school because of his family ties, he worked hard and improved his skills. He made history in the school when he achieved a 71.3 % passing record.
What is Steve Young’s Net Worth
Steve Young’s net worth is $200 million. Steve has accumulated his wealth through various ventures including football playing, investor, and sports commentator. While he rose to fame as an athlete, he has since been able to establish solid businesses that have grown his net worth.
Steve has been able to build on his fame as a quarterback and turned it into a lucrative business. In 2007, he partnered with billionaire Jon Huntsman and formed Huntsman Gay Global Capital (HGGC), where he serves as the managing director.
Football Career
Young began playing football in his high school days. He started playing professionally in 1984 when he signed a $40 million contract with Los Angeles Express. But considering that the team was small, he agreed to accept yearly installments to make it manageable for the team.
Later Young joined the NFL and was signed into the Tampa Bay Buccaneers. The team was not performing well, and despite Young playing as the quarterback, the team continued to lose.
In the 1990s, Young became an undisputed quarterback, leading the NFL in passer rating. Due to repeated concussions, he retired in 1999, venturing into businesses.
Business Career
Steve Young earned a Juris Doctor from BYU after he retired from active football. He earned financial skills which became essential in 2007 when he founded HGGC alongside billionaire Jon Huntsman and Robert C. Gay.
Apart from business and football, Steve Young has appeared in various TV shows, contributing further to his huge net worth.
