Actor and former bodybuilder Arnold Schwarzenegger has showcased his expertise in multiple fields. The actor, who is popular for starring in The Terminator and The Expendables franchise, has showcased incredible and outstanding performances on the silver screen. However, his expertise is not limited to the big screen only. Apart from being one of the most popular actors in Hollywood, he is known for winning several bodybuilding championships as well as being a good businessman.
The actor has shared that he grew up in poverty, and while he is making millions with his Hollywood career, it wasn’t acting that earned him his first million. Schwarzenegger used his business mind to become a millionaire years before he entered Hollywood.
How Did Arnold Schwarzenegger Become a Millionaire?
Along with a flourished acting career in Hollywood, Arnold Schwarzenegger has enjoyed a very successful business career as well. When he moved to the United States at the age of 21, he started putting his mind and efforts into making investments. And after finding out that his fellow bodybuilder Franco Columbu was a skilled bricklayer, he came up with a business plan.
The Terminator star registered a bricklaying business with his fellow bodybuilder. And they were able to make profits due to their marketing techniques and the increased demand. They advertised their business in Los Angeles Times as “European bricklayers and masonry experts.”
The pair also started charging wealthy Californians high prices, and the actor has also shared that they made plenty of money with this business. He slowly developed more ventures of his business and turned his attention to real estate, which made him a millionaire.
“I quickly developed and traded up my buildings and bought more apartment buildings and office buildings on Main Street down in Santa Monica and so on,” he shared, before adding, “I became a millionaire from my real estate investments.”
The actor was already a millionaire by the age of 25 years old.
Arnold Schwarzenegger’s Business Supported His Acting Career
Arnold Schwarzenegger has shared that he did not have a plan B when he thought about pursuing an acting career in Hollywood. But he took things slowly to make sure that things did not fall apart as he pursued his dream in Hollywood.
He continued working in real estate as he tried to make a break in movies. His business ventures supported him financially before he gained a profitable role in Hollywood. “I was making money from real estate, and that gave me the power to wait for the roles I wanted,” The Predator star shared.
He also shared that this is the reason he never believed in people who advise others to quit their jobs and follow their passion.
“You need money, and if you quit your job, you’re going to have to make decisions you wouldn’t make otherwise in order to make money.”
He shared that found the role he had been waiting for in the action-adventure movie Conan the Barbarian.
Source: Looper
