Arnold Schwarzenegger spends his $450 million net worth on many luxuries from watches to yacht rides.
HIGHLIGHTS
Arnold Schwarzenegger owns a custom-made watch worth $21,739 and put it up for auction to support his climate initiative. The watch sold for $293,000.
Schwarzenegger invests in philanthropic causes such as All-School All-Stars and Stop Global Warming.
He owns mansions worth millions, including one in Brentwood, California worth over $20 million, and has an extensive car collection and a private jet.
Wealthy celebrities are known to spend a massive income on extravagant things. Some, like Tracee Ellis Ross who has a net worth of $16 million, spend their wealth meekly while others, like Arnold Schwarzenegger, spend theirs outlandishly.
It should come as no surprise that someone of Arnold Schwarzenegger’s stature would choose to live life on the more flashy side compared to other celebrities in his industry.
According to Celebrity Net Worth, Arnold Schwarzenegger’s net worth sits at $450 million. So let’s take a look at what The Terminator star spends his colossal net worth on.
6Arnold Schwarzenegger Splurges On Expensive Watches
Arnold Schwarzenegger owns a custom-made watch worth up to $21,739
Recently, Arnold Schwarzenegger was stopped and detained at customs in Germany for a unique reason: his expensive watch went over the price limit for undeclared items.
AP reported that items and goods valued at $467 (430 euros) that will remain in the European Union are required to be declared along with duty paid on them (where appropriate), according to The Hollywood Reporter.
According to The Hollywood Reporter, Arnold Schwarzenegger arrived in the country and was stopped for a routine check, which soon turned into a three-hour detainment.
Although Schwarzenegger’s Climate Initiative felt that the detainment was an “incompetent shakedown,” the actor reportedly cooperated at every step and had agreed to prepay any potential fees on the watch even though it was a personal watch.
Conan O’Brien didn’t get any sympathy for his scrawny build when compared to Arnold Schwarzenegger’s Conan the Barbarian.
Arnold Schwarzenegger Watch (according to AP News)
Custom-made by Audemar Piguet, a Swiss manufacturer
Value: $21,739 (20,000 euros)
Soon after this encounter made headlines and garnered a lot of controversy, Arnold Schwarzenegger put his watch up for grabs at an auction.
According to Yahoo Entertainment, the auction supported the movie mogul’s initiative geared toward climate resolution. The watch sold for $293,000 (270,000 euros).
Arnold Schwarzenegger’s Climate Initiative (SCI) About
“Builds awareness of the climate crisis and the urgent need for action every day. The focus lies on presenting workable solutions, supporting best in class climate action projects and serving as a ‘matchmaker for climate leaders.'”
Schwarzenegger’s Swiss watch isn’t the only watch he’s ever owned either. In fact, he has had a collection over the years that included various watches with ranging prices.
Arnold Schwarzenegger’s Watch Collection, according to Wrist Enthusiast
Market Price
Rolex GMT-Master
$40,000
Pre-Vendome Panerai
$45,000
Big Egziano Ref. 341
$30,000
Jacob & co. napoleon Quadra Tourbillion
$600,000
Audemars Piguet Royal Oak Offshore Chronograph “Arnold All Stars”
$85,000
45mm Laco Friedrichshafen
$1,350
Zenith Pilot Montre d’Aeronof Type 20
$10,300
U-Boat
$40,000
Bell & Ross BR 01-92
$2,200
5Arnold Schwarzenegger Spends A Considerable Amount Of His Money On Philanthropic Causes
Arnold Schwarzenegger Invests In Various Causes Ranging From All-School All-Stars To Music For Relief
If Arnold Schwarzenegger’s commitment to auctioning his personalized Swiss-manufactured watch to support his climate initiative wasn’t enough to highlight his philanthropic pursuits, then maybe his investments in other causes will tip the scales.
Rotten Tomatoes has a different take on Arnold Schwarzenegger’s worst film ever.
Arnold Schwarzenegger has been pursuing philanthropy ever since he was governing the state of California from 2003 to 2011.
This position has an annual salary of $175,000 and Schwarzenegger’s earnings (including what he made acting) went to charitable causes, according to Essentially Sports.
Causes Arnold Schwarzenegger Invests His Net Worth In, according to Essentially Sports:
All-School All-Stars
Music For Relief
Special Olympics
Stop Global Warming
US Doctors for Africa
4Arnold Schwarzenegger Spends Millions On His Mansions
Arnold Schwarzenegger once owned a mansion worth up to $11 million
Being considered one of the biggest Hollywood stars with a net worth to match, it’s understandable why Arnold Schwarzenegger would have a mansion to show for his success.
According to Velvet Ropes, Arnold Schwarzenegger currently lives in Brentwood, California. The home was purchased back in 2002 for $4.8 million, but it is now worth over $20 million. The Brentwood residence was constructed in 2001 and has 7 bedrooms, 10 bathrooms along with a family room with a remarkable fireplace.
Arnold Schwarzenegger Mansions
Price
Brentwood, California (current)
$20 million (purchased at $4.8 million)
Pacific Palisades (former)
$11 million (sold for $12.9 million)
3Arnold Schwarzenegger Has An Extensive Car Collection Worth Millions
Arnold Schwarzenegger Owns Up To 8 Vehicles That Range In Makes And Models
Arnold Schwarzenegger owns not one, not two, but eight cars. According to Essentially Sports, Schwarzenegger used his net worth to splurge on a Cadillac Eldorado Biarritz, a Dodge Challenger SRT-8, a Mercedes-Benz Unimog, a SuperSports Convertible, a Continental GT, a Bugatti Veyron, a Custom Audi R8, and a military-grad tank (for a whooping $20,000).
Although some cars have come and gone in Schwarzenegger’s garage, his collection is nothing short of impressive (and expensive).
Arnold Schwarzenegger’s Car Collection
Price Range, according to Top Speed
1957 Cadillac Eldorado Biarritz
$7,286 (original) $649,000 (auction)
Hummer H1 Slant Back
$39,500 (base model)
Dodge Challenger SRT8
$37,995
Tesla Roadster (First-Gen)
$98,850 (base model)
Porsche 997 Turbo Cabriolet
$136,500
Audi R8 e-tron concept
$200,000 (est.)
Mercedes-Benz SLS AMG Roadster
$199,700
Custom Kreisel Electric G500
$139,900 plus $1 million
Bentley Continental GT Supersports Convertible
$328,000
Bugatti Veyron
$1.9 million
2Arnold Schwarzenegger Purchased His Own Private Jet
Arnold Schwarzenegger’s Private Jet Took $35 Million Out Of His Bank Account
Arnold Schwarzenegger is a busy man. This requires him to get from point A to point as efficiently as possible, which is why he probably invested his net worth in a private jet that cost him $35 million.
It seems like the attack on Arnold Schwarzenegger was planned ahead of time, and took place for the lamest of reasons.
According to Essentially Sports, Schwarzenegger’s jet is classified as a Gulfstream III.
Gulfstream III Jet About, according to Air Charter Advisors:
Gulfstream III has serviced both luxury travelers and executive fliers for almost three decades.
Gulfstream III has a wide cabin that can carry up to 8 passengers.
Gulfstream III can travel 3,800 nautical miles at Mach 0.8.
Gulfstream III can cruise at a max ceiling of 45,000 feet.
Gulfstream III can handle both domestic and transcontinental flights.
1Arnold Schwarzenegger Spends Thousands Of Dollars On Transportation
Arnold Schwarzenegger Reportedly Spent Around $2,500 Per Hour On A Luxurious Yacht Ride
Alongside Arnold Schwarzenegger’s expensive car collection is his expensive taste in other modes of transportation.
According to Essentially Sports, Schwarzenegger spent around $2,500 per hour for a ride around Sydney Harbor on a luxury yacht.
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