Alex Rodriguez started from rock bottom. Born in New York, the slugger and his family moved to Miami when he was four. On growing up, A-Rod found himself a massive scholarship offer from the University of Miami. However, to help his family’s financial condition, the future World Champion enrolled his name into the 1993 MLB draft.
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At a very young age, A-Rod’s father abandoned his entire family. As a result, their economic problems began worsening and his mother started working two shifts a day. Eventually, A-Rod reached the MLB and since then, money has never been an issue in the Rodriguez family.
Following a 22-season career, A-Rod retired from the MLB decked in Pinstripes, in 2016. Ever since then, the slugger has ambitiously pursued his dreams in the world of business. And in a recent interview with the Money Maze Podcast; A-Rod spoke about the roots of his entrepreneurial ambitions and gave special credit to his father despite their unsteady dynamic.
What triggered Alex Rodriguez’s business ambitions?
In the interview, A-Rod, while responding to a question about his childhood, talks about his father’s love for baseball and business. And how both these realms moved to play a massive role in his life, eventually.
At 2:18, while talking about his father’s shoe store, and his business spirit, A-Rod says, “The entrepreneurial spirit was lit very early in my life because my father was the ultimate entrepreneur when we had a shoe store in our Washington Heights apartment in New York City.”
A-Rod added, “And I can’t tell you how many people over the years. If I had a few bucks where every time someone said to me, ‘I used to buy shoes from your father,’ I would have a great collection of coins.”
Alex Rodriguez and his enormous business empire
Today, six years after his retirement, Alex Rodriguez has transformed from an infielder and slugger in the ballpark to a shark in the world of real estate, and by extension, the realm of entrepreneurship.
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The shortstop-turned-baseman single-handedly carried A-Rod Corp to a whole new level and stands as one of the most successful venture capitalists across the country, with an enormous net worth of $350 million.
Watch this story: Alex Rodriguez’s dating history: Kate Hudson, Jennifer Lopez, and more
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Through A-Rod Corp, he’s part owner of the NBA’s Minnesota Timberwolves and owner of the Waldorf Hotel in DC, amongst multiple other investments.
Not many can achieve what A-Rod has. What do you think about A-Rod’s second innings?