$220 Million Man Derek Jeter Once Revealed How His Father Beat Him in Valuing Everyday Items

Growing up, New York Yankees legend Derek Jeter had a close relationship with both his parents. Jeter’s father, Dr. Charles Jeter, used to work as a substance abuse counselor. Notably, he inspired and pushed Jeter to pursue his career in baseball. It was Jeter’s father who backed the former Yankee from the very start and backed him until he finally signed his first big league contract.

Apart from helping him achieve his goal of playing baseball at the highest level, Jeter’s father also made him realize how to value things while playing games and beating him.

During one such game before school, Jeter’s father taught him how to value everyday items. It happened early in life for the former Yankee, but eventually, it helped him value things. It also helped him push his net worth to a massive $220 million.

At what age Derek Jeter started to learn how to value things?

Jeter and his father used to watch a TV show called, ‘Price is right.’ In the show, people used to guess the price of certain things. But since Jeter was only 6 years old at the time, he couldn’t guess the right price. Therefore, his father won against him all the time at all the games. 

He confessed, “My dad used to beat me at everything. He would never let me win. Never. We used to watch The Price Is Right, and we’d play the showcase showdown. I didn’t know how much a refrigerator or a new car cost—I was six years old. We’d sit there, and he’d beat me, and then I’d walk to school.”

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Learning the value of things at an early age in life helped Jeter become one of the richest retired ballplayers of all time. The Hall of Famer won many accolades during his 20-year-long career with the Yankees, but always remained grounded.

Jeter and his father together made Turn2 Foundation a success!

During his rookie with the Yankees, Jeter created the foundation as a means to help teenagers turn to a healthy lifestyle and away from drugs and substance abuse. Considering that playing in Major League took most of his time, Jeter’s father stepped up and held the fort.

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To help Jeter, he even left his practice to help as many children as possible. However, the foundation now has Jeter’s younger sister, Sharlee Jeter, as the director. Recently, the Turn 2 Foundation raised $2 million for its 26th annual celebratory dinner.