Yao Ming is a well-known retired professional basketball player from China. He used to play for the Shanghai Sharks of the CBA (Chinese Basketball Association). He has also played in the NBA (National Basketball Association) for the Houston Rockets. Ming was the tallest NBA player with a height of 7’6”. He is one of the best-known athletes from China and was elected into the Naismith Memorial Basketball Hall of Fame in 2016. Now let’s have a close look on Yao Ming’s net worth in 2018.
Yao Ming Early Life
Yao Ming was born in Shanghai, China on September 12, 1980, to his parents Fang Fengdi and Yao Zhiyuan. He stood 5’5” at the age of 9 years.
At the age of 13, Ming tried for the junior team of the Shanghai Sharks. During that time, he used to practice ten hours in a day. In 2011, he enrolled in the Shanghai Jiao Tong University’s Antai College of Economics & Management.
In August 2007, Yao Ming got married to Ye Li, who is a female basketball player from China. The couple married each other after dating for a long time. They have a daughter named Yao Qinlei born in May 2010. She was born in Houston and her English name is Amy.
He has participated in many charity events and supports the Special Olympics. He has donated in millions to various organizations.
Yao Ming Career, Awards & Achievement
Yao Ming began his career by playing for the Shanghai Sharks. He was the winner of the 2002 Chinese Basketball Association. Following that, he was asked to enter the 1999 NBA Draft, but he decided to enter the NBA Draft in 2002.
He was selected by the Houston Rockets in the first pick of the draft. He played for China in the FIBA World Championships in 2002. Ming’s first NBA game was against Indiana Pacers. In 2003, he made 31 points, 0 blocks, and 13 rebounds against Shaquille O’Neal’s team. In his rookie season, he made 8.2 rebounds and 13.5 points.
In the 2004 season, he recorded 7.7 rebounds with 21.4 points. He had a lot of injury-plagued seasons from 2005 to 2011. He announced his retirement in July 2011 from Shanghai.
Ming has also represented China at the 2000 Olympics and the 2004 Olympics. He has led China to win three consecutive gold medals at the FIBA Asian Championship. He has also played in the FIBA World Championship in 2006.
Awards & Achievements
In 2003, Yao Ming was awarded as the Rookie of the Year by Sporting News. He was also the winner of Laureus Newcomer of the Year in 2003. He has won three Gold Medals at the FIBA Asian Championships. He is also a three-time Most Valuable Player of FIBA Asian Championship. He is a 5-time All NBA Team and an 8-Time NBA All-Star. Ming has won several other achievements.
Net Worth of Yao Ming
Yao Ming has an estimated net worth of more than $120 million. He made this fortune as a professional basketball player. As a multi-millionaire, Yao Ming began his career at an early age. For six years, he was one of the most highly earning Chinese in the World. He pocketed $51 million in 2008. Part of his wealth also comes by endorsing various products like Visa, McDonald’s, Garmin, Apple, Coca-Cola, Reebok, Pepsi, and Nike.
Yao Ming is considered one of the most popular basketball players in the world. He is regarded as China’s most popular global icon. He has also raised money for various charities and has donated in millions. He serves as an ambassador for the elephant conservation. He has co-written an autobiography called ‘Yao: A Life in Two Worlds’ in 2004.