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How Aly Raisman Achieved a Net Worth of $4 Million

Aly Raisman

Aly Raisman is easily one of the most recognizable names in gymnastics. Some would even argue that she is one of the most recognizable names in all of sports. The truth is, she dedicated herself to the sport at a young age and she has made a great deal of financial wealth as a direct result of it. That said, she's also paid a very high price for her success. Today, she has a net worth of $4 million. If you're wondering how she achieved that much money, you're probably not the only one. You can find out how she made her millions right here, all while having an opportunity to find out a little more information about her and her career.

Understanding the Obvious

Obviously, she's made a great deal of money from her work as a gymnast, something that she decided to do in a professional manner. While not every athlete decides to compete on a professional level, some do. Raisman was one of them. She started competing for the Olympics in 2009 after beginning her gymnastics training as early as two years old. By 2011, she had decided to compete professionally. The change from amateur competition to professional competition is a big one. It involves getting sponsorships for everything that's going on and it also involves making a great deal more money. Deciding to go pro gives competitors the opportunity to more or less put themselves in charge of their career as opposed to letting someone else decide their path for them. That said, it certainly doesn't mean that they're in charge of everything because there are still plenty of other people that are making decisions on their behalf, often regardless of how the individual in question feels about those decisions. This was the case for her and many other of her competitors.

Additional Activities

Becoming a professional gymnast isn't exactly the easiest thing in the world to do. Becoming one that is capable of competing at her level is practically unheard of. A few have done it before, but only the very best of the best manage to pull it off. While it might seem difficult to imagine that someone could make the majority of their $4 million net worth by competing as a gymnast, you also have to take into account the fact that she has competed at a level that far exceeds what most other people are capable of doing. That fact alone means that she has competed more than a lot of other gymnasts and she's also experienced a great deal more success. That success comes with more sponsorships and that means more money. By the same token, she also has been involved in a few other activities that don't have anything to do with competing as a gymnast. For example, she's also done some work as a model. Obviously, she's been paid for her efforts and this also contributes to her net worth.

Turning Her Struggles Into Triumphs

Unfortunately, Raisman also fell victim to the same thing that a lot of her competitors did, and she was sexually assaulted by the team doctor that represented the United States Olympic team for a number of years. Of course, it was probably one of the most difficult things that she ever went through and it was something that she was responsible for drawing attention to. Eventually, she wrote a book about her experience. This book immediately became extremely popular and that also contributed to her overall net worth. While the exact figures haven't been made public as of yet, it's estimated that these efforts contributed significantly to her overall net worth.

Breaking It All Down

When it's all said and done, every one of the different things that she does contributes to her net worth. Although she's been a retired gymnast for some time now, she is still making a great deal of money from those efforts because that is what has allowed her to become a public figure and to have access to other opportunities such as modeling and writing a book. At the same time, she sometimes participates in public speaking events and she is also paid for these events. By the time it's all said and done, it's estimated that she makes approximately $6,000 a week for her efforts. While that's less money than she was making at the height of her career, it's also important to note that she has amassed a rather significant net worth over the years. Currently, she continues to add to that net worth on a consistent basis.

When it's all said and done, it's important to note that while she currently isn't making all that much more than some high-end business professionals, she is still making more than enough money to cover her expenses and have plenty of money left for savings. As a matter of fact, she routinely adds to her net worth through various activities as well as earning dividends on the money that she's already saved. Perhaps the most impressive thing here is that her $4 million net worth is close to what some A-list movie stars make. Considering that she retired from gymnastics in 2016 and hasn't competed or performed professionally since, that's fairly impressive. These days, she spends the majority of her time caring for the people that are closest to her and making sure that she educates other individuals about the need to speak up and speak out when something isn't right. This has always been important to her because she spent a very long time in the dark while being molested as she competed in gymnastics. She was only a child at the time that it happened and she didn't know how to handle the situation. She has made it her goal in life to turn a negative into a positive and send a message out to the world so that other young people who are faced with similar circumstances don't have to undergo the type of pain that she did.

Allen Lee

Written by Allen Lee

Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language.

Read more posts by Allen Lee

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