Net Worth
Flair is a retired professional wrestler and former wrestling manager from the United States of America who has a net worth of $500 thousand dollars. After being a professional wrestler for almost 40 years, Ric Flair is widely acknowledged to be among the best professional wrestlers in history, if not THE best. His professional life spans 40 years. The Wrestling Hall of Fame inducted him into their ranks in 2008, and he continues to wrestle as a member of the WWE Legends league.
Ric Flair Early Life
Ric Flair was born on February 25, 1949, in Memphis, Tennessee, to Richard Morgan Flair and Mary Flair. Despite the fact that Flair was adopted, it is often assumed that his real name is Fred Phillips. Some records refer to him as Fred Demaree or Fred Stewart, depending on who you ask. During the time of his adoption, his adoptive father was finishing up his residency in obstetrics and gynaecology at the University of Michigan in Detroit.
Kathleen, his adopted mother, was a reporter for the Minneapolis Star Tribune newspaper. He and his new family relocated to Edina, Minnesota, not long after he was adopted by a couple from China. Flair completed his high school education at Wayland Academy in Beaver Dam, Wisconsin. He was a member of the wrestling squad, as well as a football player and a track athlete.
The University of Minnesota, where he briefly went, was where he hoped to follow in the footsteps of his adopted father and pursue a degree in medicine. He, on the other hand, dropped out to pursue a career as a professional wrestler.
Ric Flair Career
“The Nature Boy,” as Flair is known, was initially introduced to the wrestling business when he met the famed Vachon brothers, who were also known as “The Vachon Brothers.” He made his professional wrestling debut on December 10, 1972, against “Scrap Iron” George Gadaski, who was also known as “Scrap Iron.” He began his professional wrestling career with Gagne’s Minneapolis Boxing & Wrestling Club before relocating to Charlotte, North Carolina, where he became a regular for Jim Crockett Promotions, where he remained for several months. Ric earned his first NWA World Championship in 1981.
Since then, he has had an exceptionally successful professional wrestling career. Later in his wrestling career, he worked for World Championship Wrestling, TNA Wrestling, and Vince McMahon’s WWE, among other organisations (World Wrestling Entertainment).
Throughout his professional wrestling career, Flair was a popular pay-per-view draw. He appeared as the main attraction at Starrcade ten times. In 1992, he was the main attraction at WrestleMania, the WWF’s equivalent event.
In the same year, he was victorious in the Royal Rumble. He was named PWI Wrestler of the Year eight times during his career. He is the only member of the WWE Hall of Fame to be inducted into the Hall of Fame more than once.
The first time was for his individual career in 2008, and the second time was for his role in The Four Horsemen in 2012. Flair is also a member of the National Wrestling Association Hall of Fame, the Professional Wrestling Hall of Fame, and the Wrestling Observer Newsletter Hall of Fame, among others.
Flair has won the World Championship 16 times (8-time NWA World Heavyweight Champion, 6-time WCW World Heavyweight Champion, and two-time WWF Champion). He was the first person to hold the WCW World Heavyweight Championship and the WCW International World Heavyweight Championship, both of which he held for the first time.
As WCW World Heavyweight Champion, he made history by becoming the first person to complete the WCW Triple Crown at the very beginning. After previously holding the WWF Championship and the World Tag Team Championship, he went on to win the Intercontinental Championship in the following year. Flair is the only man in the history of professional wrestling to have held all four incarnations of the championship.
Ric Flair Personal Life
Flair tied the knot with Leslie Goodman on August 28, 1971. A girl named Megan and a son named David were born into the family. Their divorce was finalised in 1983.
On August 27, 1983, Flair tied the knot with Elizabeth Harrell. They also had two children: an Ashley, a daughter, and a Reid, a son, both of whom were born to them. Flair and Harrell divorced in 2006, according to court records.
Flair tied the knot with Tiffany VanDemark on May 27, 2006. She competes in fitness competitions. She filed for divorce in 2008, and the process began immediately. In 2009, their divorce was finally finalised.
On November 11, 2009, Flair tied the knot with Jackie Beems in North Carolina, proving that he enjoys the institution of marriage. Flair filed for divorce from Jackie in 2012, and the divorce was finalised the following year.
Flair tied the knot for the fifth time with Wendy Barlow, better known as Fifi the Maid on WCW, on September 12, 2018, in Florida.
David Flair, like his father, was a professional wrestler in his own right. David worked for World Wrestling Entertainment from 1999 until 2001. Flair’s other son Reid was a decorated high school wrestler and signed a developmental deal with WWE in 2007.
In 2004, Ric Flair became a grandfather when his daughter Megan gave birth to her first child, a daughter named Morgan Lee Ketzner.
Ashley Flair, the other daughter of Charlotte Flair, made her professional wrestling debut in 2012 under the stage name Charlotte Flair.
During a drug overdose resulting from a combination of heroin, Xanax, and a muscle relaxant in March 2013, Flair’s kid Reid passed away.
Flair has made a lot of absurd claims throughout the course of his career, including the assertion that he slept with 15,000 women and had 15 beers each day on an average.
In June 2020, Ric Flair defended his daughter Charlotte against fans who have complained that she has been overexposed in the wrestling industry. According to him in an interview, “I’m so pissed about it – one mark after another, ‘We’re weary of watching her.’ Good, watch her on TV in another event. She’s a millionaire – and she’s a millionaire because of the firm; there you have it.
Ric Flair Financial Problems
Since the early 1990s, Ric Flair has had a number of run-ins with the Internal Revenue Service. In 2000, the Internal Revenue Service levied a lien on him for unpaid taxes of $870,000. The Internal Revenue Service began garnishing Flair’s WWE salary in 2005. In his defence, he attributed the problems to his second wife Elizabeth’s extravagant expenditures.
In accordance with legal files made public in 2019, Ric is alleged to have omitted to pay the entire amount of taxes due on his earnings between 2016 and 2018. According to the filing, he owes the federal government $240,000 and the state of Georgia $40,000 in back taxes. During the year 2019, Rick was also hospitalised for a medical emergency that necessitated heart surgery, which resulted in a reported $1.8 million medical bill that was not covered by insurance.
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