Breaking Down Alex Rodriguez’s Billion-Dollar Empire: A-Rod Corp

Alex Rodriguez wants to be remembered for two things in life – baseball and business. As a young talent, with skills that made him a force to be reckoned with, A-Rod is now considered one of the greatest players in MLB. But then the time came when he had to hang up his uniform for the last time. He traded his jersey for a crisp business suit and he hasn’t looked back since. The pinstripes look just a bit different now.

Today, among his many financial ventures, the former Yankee’s biggest accomplishment is the organization named after him: A-Rod Corp. But what does the company do? And how did the multi-billion dollar empire come to be? Let’s dive into the details below.

What is A-Rod Corp?

Originally established in 1995, the goal that Alex Rodriguez had in mind was to secure his future. The former baseballer didn’t want to suffer the same fate as many other athletes – going bankrupt in their later days. In 2003, when he was still with the Texas Rangers, A-Rod began making his first investments with A-Rod Corp. His very first buy was a duplex apartment, and the rest, as they say, was history.

A-Rod’s business empire stands at a net worth of billions of dollars today. An investing giant, Alex Rodriguez’s A-Rod Corp is a fully integrated real estate and development company. Based out of Miami, the organization primarily focuses on investing in ideas and potential to help them become thriving businesses.

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Their website states the company’s core values as – Meritocracy, Integrity, and Teamwork. And their CEO certainly tries to reflect on them.

Who owns A-Rod Corp?

Ever since its birth, the company has been in the hands of the individual it was named after – Alex Rodriguez. Starting from one apartment to hundreds of units across the southeastern U.S., A-Rod Corp has invested internal and external capital in over 30 companies and partnerships.

After signing the richest contract in MLB history in 2007 with the Yankees, Rodriguez continued to rack up stats on the diamond. He won the 2009 World Series championship with the Bronx Bombers and had quite the portfolio before retiring in 2016. An MLB analyst for FOX Sports and a guest on Shark Tank, Rodriguez has put on many hats.

But the one that he has never taken off is that of a businessman.

What businesses does Alex Rodriguez have?

In addition to being the A-Rod Corp Founder, Rodriguez’s resume boasts quite the accomplishments. In 2008, he expanded into the real estate world by creating Newport Property Construction, which focuses on property renovation. From the coconut water brand Vita Coco to Wheels Up and Snapchat, A-Rod Corp made sure to invest in a variety of enterprises.

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In 2020, the beer brewing company Anheuser-Busch announced the former Yankee as Chairman of Presidente USA. In the same year, he also joined CGI Merchant Group’s $650M hotel investment fund. Interestingly, Rodriguez also ventured into the sports team ownership world.

He teamed up with former fiancee Jennifer Lopez to bid on the New York Mets in the lockdown era. The couple made it to the second stage of bidding but ultimately lost out to billionaire Steve Cohen. However, that didn’t stop the former baseballer from realizing his dreams.

Next year, in 2021, Rodriguez teamed up with the CEO of Jet.com, Marc Lore, to pursue the NBA team, Minnesota Timberwolves. This venture was successful and today the duo also owns the city’s WNBA team, the Lynx.

Somehow, this is still not the full scope of the incredible achievements Rodriguez can boast. He is an investor and brand ambassador for the leading telehealth platform, Hims & Hers. Rodriguez even co-developed and launched a cosmetic product specially designed for men. In 2021, he was inducted into the Boys & Girls Club Hall of Fame.

How much is A-Rod Corp worth?

Given the huge number of investments it has, A-Rod Corp is flourishing. In fact, when COVID-19-affected organizations were laying off their employees just to survive, Alex Rodriguez was adamant about not doing so. In a 2020 interview with Gary Vaynerchuk, the former Yankee said, “We have not cut one person. We haven’t cut 1% of one salary…I wanted to make sure that at the darkest moment, A-Rod Corp shined and we were there for them. And, that’s one of the greater advantages of working in a company like ours. We really think about our team first.”

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In 2022, A-Rod Corp opened their fourth UFC Gym location in Plantation, Florida, and later closed on the acquisition of the Trump Hotel in DC to rebrand to a Waldorf Astoria.

Today, according to A-Rod Corp’s official website, the company is valued at more than $1 billion and shows no signs of slowing down.