Bob Baffert Net Worth - How Rich is the American Racehorse Trainer?
Grab all the details on the net worth and earnings of the American Racehorse Trainer Bob Baffert.
Bob Baffert is a well-known racehorse trainer in the country, with a reputation of training the 2015 Triple Crown winner American Pharoah and 2018 Triple Crown winner Justify. His horses have won six Kentucky Derbies, seven Preakness Stakes, three Belmont Stakes, and three Kentucky Oaks.
Bob Baffert's racehorse Authentic won the 2020 Kentucky Derby and made him record holder of most Kentucky Derby wins by a horse trainer. As a successful and decorated racehorse owner, in addition to the titles, he's also made a significant amount of money. Below, we take a look at his net worth and earnings and analyze how much he's made so far.
What is Bob Baffert's Net Worth?
According to Celebrity Net Worth, Bob Baffert holds an estimated net worth of $30 million as of October 2020. This immense wealth comes entirely from his winnings in derbies so far, which includes five Kentucky Derbies, seven Preakness Stakes, three Belmont Stakes, and two US Triple Crowns.
Bob Baffert holds an estimated net worth of $30 million as of October 2020.
Bob Baffert began his career as a jockey. But he could not give continuity to the job as he grew out of shape and failed to maintain the required jockey weight of between 100 and 108 pounds. He, therefore, thought of becoming a trainer for American Quarter Horses instead, a breed of horse that excels at sprinting short distances. But to reach the level he is today, he worked hard for 12 years, after which he was able to earn $1 million in race prizes as a rider.
Bob Baffert's Earnings Over the Years
In the early years of the business, Bob Baffert made more than $150,000 for the first time. By 1991, he won over 1.4 million, the number which became more than double by the mid-90s.
Since 1991, Bob Baffert's making over $1 million in derbies.
Source: Zona Zealots
According to Equibase, Bob Baffert's trained horses have earned over $300 million so far, which came with 3,058 first-place finishes in 13,447 starts. In 2020 alone, Bob's horses have made over $11 million. His highest-earning to date is in the year 2017 when his horses earned him $21,112,912. Baffert's specially trained horse, Arrogate has been his highest earner with a total of $17,422,600 over the course of a two-year racing career.
In 2017, in his highest-earning year, Bob Baffert's horse Abel Tasman came in the first place and helped Bob make a $100,000. Additionally, in another race in the Acorn Stakes, the horse also came in the first place and earned $70,000, with a total of $1.7 million in 2017. Baffert's other horses like Solomini, Hoppertunity, and Collected helped him reach the $21 million mark, by each earning him about $30,000 in their respective finishes.
Bob Baffert Owns $4 Million Home in La Canada Flintridge, California
Bob Baffert owns a mansion in La Canada Flintridge, California, which he bought for a price of $4 Million. The house comes with four bedrooms and four bathrooms and is said to be purchased for $1,850,000 back in May 2010.
Bob Baffert owns a $4 Million mansion in La Canada Flintridge, California.
Source: Baltimore Sun
The house is spread over the area of 2744 square feet, with a total space of the property being 5,500 square feet. La Canada Flintridge has a reputation of housing other celebrities too, like Vince Vaughn, Adam Carolla, Billy Ray Cyrus, Kevin Costner, and Angela Bassett.
Find Out About: Jordyn Woods Net Worth - How Rich is Kylie Jenner's Former BFF?
Stay tuned to Idol Persona for more net worth related content of your favorite celebrities.