A skilled NBA point guard & 12-time NBA All-Star, Chris Paul, enjoys a net worth of $160 million as of 2024. Undoubtedly, the majority of that fortune came from his 18 NBA seasons with lucrative contracts and endorsements.
Moreover, Paul, a two-time Olympic gold medalist, earns from his equity stakes, real estate ventures & his own production company.
Currently signed with Phoenix Suns (since 2020), the American basketball player earns an average annual salary of $30 million- thanks to his four-year deal worth $120 million, which is effective throughout the 2024-25 season.
So, with such massive income, it is no surprise that Chris Paul has a collection of rare watches & a fleet of luxury cars, including a Ferrari 458 Italia.
But those fame & money showers won’t make him immune to rumors & allegations.
In late 2022, American rapper Kanye West made a Tweet accusing his ex-wife Kim Kardashian of cheating on him with Chris Paul.
Nonetheless, we can’t deny his instant decision-making traits, vision, and quick techniques are praiseworthy.
Also, he has shown immense quality in passing and scoring with high accuracy. Paul scored five 40+ points, including his career-high 43 points.
As a result, Paul has several achievements and honors to his name. In 2013, he was named NBA All-Star Game MVP.
Also, he has been part of the All-NBA First Team and Second Team four times. Similarly, he had an impressive amateur career and was named NBA Rookie of the Year in 2006.
Hence, here are some quick facts about the player before we further investigate the details.
Quick Facts
Name | Chris Paul |
Full Name | Christopher Emmanuel Paul |
Nick Name | CP3, The Point God, The Skate Instructor |
Birth Date | May 6, 1985 |
Birth Place | Winston-Salem, North Carolina |
Age | 39 Years Old |
Sexual Orientation | Straight |
Zodiac Sign | Taurus |
Chinese Zodiac | Ox |
Nationality | American |
Ethnicity | African-American |
Religion | Christianity |
Body type | Athletic |
Hair Color | Black |
Eye Color | Dark Brown |
Skin | Dark |
Height | 6 feet/1.83 m/183 cm |
Weight | 175 lb./79 kg |
Shoe Size | 12.5 |
Profession | Basketballer |
Position | Point Guard |
League | NBA |
NBA Draft | 2005 / Round: 1 / Pick: 4th Overall |
Selected by | New Orleans Hornets (now Pelicans) |
Teams |
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Major Olympic Results |
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Major FIBA Results | 2006 Japan (Bronze) |
Playing Career | 2005–Present |
High School | West Forsyth High School |
College | Wake Forest University |
Parents |
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Siblings | CJ Paul (Brother) |
Relationship Status | Married |
Married Year | September 10, 2011 |
Wife | Jada Paul |
Children |
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Net Worth | $160 Million |
Merch | Signed Jersey, Signed Ball |
Last Update | October 2024 |
Net Worth & Income
Chris Paul made a tremendous net worth of $160 million from his NBA career as of 2024. Similarly, CP3 had his fair share of involvement in sponsorships and endorsements.
In 2018, he signed a four-year contract with the Houston Rockets worth almost $160 million. He had an annual average salary of $39.9 million.
The Rockets traded him with Russell Westbrook for the 2019 season. Per Clutchpoints, he was set to earn $85.5 million for the remaining two seasons.
Paul declined a $44.2 million contract with Phoenix Suns for the 2021-22 season on Aug 1, 2021.
After five days, he signed a 4 year $120 million contract with Phoenix, including $75 million guaranteed and an average annual salary of $30 million.
For the 2022-2023 season, he is getting $28.4 million; for 2023-24, on June 28, 2023, he will get $15.8 million fully guaranteed.
Forbes stated his salary as the second-highest in the whole NBA in the 2019/20 season. Also, he ranks as the 35th highest-paid athlete in the world.
Cars & House
Houses
The Suns’ point guard regularly adjusts his portfolio of houses and mansions. Throughout, he has owned a lot of luxurious homes.
Architectural Digest states that Paul spent over $11.1 million on a newly built home in Encino, California, in 2020.
The house has a two-story main house and a separate guest house. It is built in a modern farmhouse style. Also, the complex includes a swimming pool, a cabana, and a sports court.
Woodland Hills Mansion
Paul owned a Mediterranean-style mansion in Woodland Hills, built in 2014, with five bedrooms.
He listed it on sale when he left Los Angeles for $2.2 million. Yet, CP3 ended up selling the state at $1.95 million a year later, in 2018.
Paul bought another Mediterranean-style Bel-Air mansion in 2013. Per Los Angeles Times, he got it for $8.4 million but sold it for $8.7 million in 2017.
Additionally, he sold the Calabasas estate for $11.05 million in 2018. He listed his Houston mansion for sale, too, in 2019. Later, in 2021, he sold this mansion for an undisclosed fee.
Car
Chris knows how to spend his multi-million dollars fortune frivolously. Hence, he loves spending on luxury items, including cars.
His car portfolio includes Jeep JKU Wrangler Unlimited, a Range Rover, BMW, Cadillac Escalade, Ferrari 458 Italia, and BMW 750LI.
He has an added interest in vintage classic vehicles. He owns a Custom ’71 Chevrolet C-10 and a 1977 Monte Carlo with a Custom trunk.
In 2018, he surprised Gary Clark by gifting him a new Mercedes on his birthday.
Lifestyle & Vacations
Lifestyle
Chris Paul has been staying in the NBA since 2005. He has risen in the ranks and played with the best team in the conferences.
Today he has reached the pinnacle of his career. Hence, Chris prefers living a luxurious lifestyle.
Paul revealed in an interview how he realized the importance of diet after transferring to the Los Angeles Clippers.
Since then, he has been on a 4 tier nutrition system. Also, he prefers plant-based diets to the carnivore diet.
Luxury Fashion Line & Fitness Activities
In a G.Q. interview, Paul revealed he loves wearing Patek Philippe World Time, a luxury watch strapped in leather and gold coated. We mostly see him flaunting in his Instagram post.
A celebrity and athlete stylist, Courtney Mays has handled his fashion collaborations. She chooses the brands he needs to endorse and manages his wardrobe.
On his training days, he warms up by stretching and foam-rolling. In his interview for Men’s Fitness, Chris revealed his before-bed routine.
Additionally, he does swimming, bowling, and boxing to keep his agility up.
Vacation
Through his Instagram post, Chris Paul loves having a vacation occasionally. In 2016, he posted photos of his exotic time in Ibiza, which went viral.
Paul went on a vacation with Dwyane Wade and LeBron James in 2016. The trio was seen playing trivia games and hanging out at the yacht.
The highlight of the vacation was the “banana boat.” Thus, there is a Snapchat filter dedicated to this moment.
Charity & Foundation
Chris is an active face when giving back to the community. Throughout, he has been part of several fundraisers and non-profit services.
Chris and his family founded the Chris Paul Family Foundation in 2005. They partnered with The Winston-Salem Foundation in respect of his late grandfather.
Throughout, this foundation hosts a variety of events from a community level. It aims to promote equality in education, sports, and life.
In 2012, he partnered with the All-Star Lineup of the NBA. The team launched the ‘HAITI: Aid Still Required’ Campaign. The idea was to use social media clout to raise funds for the earthquake victims of Haiti.
Paul partnered with State Farm, Jordan Brand WINGS, and Chris Paul Family Foundation to donate to Alder Elementary.
They set up a new computer lab and interactive board as part of the “Exist to Assist” community program, a new effort designed to deliver community assistance nationwide.
Partnership & Various Donations
Paul worked with “The Boys & Girls Clubs of America” in 2016. He donated notebook computers, tablets, and a tech-powered golf simulator.
CDW, Lenovo, and GOLFZON partnered with him in this venture. Likewise, his foundation made a $1 million commitment to Boys & Girls Clubs of America.
Also, he directly worked with “After-School All-Stars,” “Girl Up,” and “Make it Right.”
Therefore, ESPN named Chris Paul as Sports Humanitarian Of The Year in 2016. His positive impact on society was impressive.
In 2018, Paul donated $2.5 million to Wake Forest Basketball. It was where he developed his first basketball skills. Paul wanted to give back to improve Wake Forest Athletics.
Movies, Endorsements, Investments, & Book Publications
Movies & Media
Chris Paul had his fair share of appearances in documentaries and other visual media. He has appeared in various T.V. and daily talk shows.
In 2006, Paul appeared on “Face 2 Face With Roy Firestone.” Throughout, he’s guest-starred in “Live with Kelly and Ryan,” “Jim Rome on Showtime,” and “Charlie Rose.”
In 2017, Paul appeared in “The Late Late Show With James Corden,” where he played Human Basketball Hoop with Steve Nash.
Also, he has appeared in “Jimmy Kimmel Live,” “Late Night With Jimmy Fallon,” & “The Daily Show with Trevor Noah” in 2020.
In the “Scooby-Doo and Guess Who?” episode, he got animated in 2019. Also, Chris voiced himself in this episode.
He is also a playable character in the E.A. Sports NBA 2K video game series. In 2021, he had an NBA rating of 89.
Endorsements
Chris Paul plays with one of the best teams in the NBA. Hence, he has several endorsement and sponsorship deals. He often appeared in State Farm advertisements.
Per Forbes, Chris Paul earns $6 million annually in sponsorship deals alone. He has multi-million contracts with Nike, Beyond Meat, Spalding, and many more.
In 2005, Paul signed a four-year contract with Nike. This deal happened right after New Orleans Hornets drafted him.
He has endorsed the Jordan brand under Nike apparel. Likewise, he signed with Spalding in 2016 to celebrate 125 years of basketball.
Chris also endorsed the State Farm Mutual Auto Insurance too.
Investments
Chris Paul has made a portfolio of high-profile investments. Some of the significant companies are Goalsetter, HYPERICE, and Chirpify.
In 2013, Paul raised around $4 million in funding in the Series A-II round of Chirpify.
Other famous partners were Dwight Howard, Kevin Durant, and many more. Paul believed technology was the prospect sector for investments.
Paul invested in RSPCT Basketball in 2019. JJ Redick and Larry Hughes also partnered with him.
Per Forbes, Paul directly invested in the social fund of “Beyond Meat.” Kyrie Irving and DeAndre Jordan are other investors with him in this venture.
In 2020, Paul invested in HYPERICE during the Series A round. The company raised $47.8 million during this funding round. Thus, one can see Paul rocking the products of this company.
Paul started a Goalsetter campaign to collect around $40 million. Also, he was a direct investor in the $3.9 million seedings round.
Book Publications
Chris Paul has struggled through injuries in certain parts of his career. Throughout, he faced various challenges in life, including damages. Yet, he overcame all of them to rise to the top of the NBA Division.
So, there have been several books and pieces written about him. “Chris Paul: The Inspiring Story of One of Basketball’s Greatest Point Guards” is one of the famous books written by Clayton Geoffreys.
However, in “Long Shot: Never Too Small to Dream Big,” Chris wrote the first book; Frank Morrison illustrated it.
Similarly, “Sixty-One: Life Lessons from Papa, On and Off the Court” is another book that provides a vivid account of his life outside of basketball.
Professional Career
Before he was drafted, the scouts noticed Chris when he scored 61 points in a senior season game.
It wasn’t coincidental but more symbolic as his grandfather was 61-year-old grandfather when he was murdered. Hence, Chris honored him by scoring one issue each year he lived.
As a result, Wake Forest University was ranked number one in the U.S. It was the first time in school history and lasted two weeks.
The New Orleans Hornets selected Paul fourth overall in the 2005 NBA Draft. Paul was chosen for the NBA All-Star Game in the 2007-2008 season.
But, Paul tore cartilage in his left knee in early February 2010. The surgery and medication kept him out for nearly a month. Hence, he missed the All-Star Game.
Eventually, Paul was moved to the Los Angeles Clippers before the 2011–12 season. And he quickly transformed the team into one of the league’s most dangerous squads.
Later, he re-signed with the Clippers on a long-term basis in 2013.
Paul’s outstanding play was discontinued when he suffered season-ending injuries. His teammate All-Star Blake Griffin also had the same fate.
Paul was moved to the Rockets the following season as he announced that he would not sign a contract extension with the Clippers in 2018.
Paul and star shooting guard James Harden led the Houston Rockets to the best record in the NBA in 2017–18 (65–17).
He was vital to the 2008 and 2012 Olympic gold-medal-winning teams.
Controversy
Amid Kanye West’s deeply offensive, anti-Semitic remarks in 2022, he whirled up another controversy about his wife, Kim Kardashian, having an affair with the NBA player Chris Paul.
Paul has been married to his wife, Jada, since 2011. They met in high school and have two children, Chris Jr., 15, and Camryn, 12.
West’s claims spread around social media like wildfire; it didn’t take long for Twitter to light up with comments after Ye broke the news of Chris Paul cheating allegations.
daily update 12/1/2022
kanye currently is rocking with: hitler, the nazis, the swastika, balenciaga, jesus, love, miami, his song “waves”
kanye currently not rocking with: elon, chris paul, pornos, cancel culture
— Mike Majlak (@mikemajlak) December 2, 2022
Soon after Kanye’s controversial tweets, Elon Musk suspended West from Twitter.
Kim denied the allegation, and according to sources, Kanye’s claim had no source evidence to back it up.
After this whirlpool of scandals, Kim finally got divorced from Kanye, which they filed in 2021, and the couple was officially divorced in 2022.
Court allowed Kim to have $200k monthly in child support from Kanye. The alimony must have included more than that, but it is still under the veil.
Trivia
- In 2013, the players elected Chris to become the 14th President of the NBPA. Throughout his spell, he restored order in the hierarchy. Therefore, he was re-elected in 2017 after doing such a good job.
- Chris has been interested in bowling ever since he was a kid. Also, he runs a Professional Bowlers Association League franchise.
- Chris and LeBron are close friends. The duo met during LeBron’s final year in high school.
Social Media Presence
Chris is a famous NBA player on and off the court, as he has followers in millions on all his social media platforms.
He posts about his game updates and endorsement deals on his social handles.
- Facebook – 5.8 Million Followers
- Twitter – 8.4 Million Followers
- Instagram – 11.6 Million Followers
Search Graph
Chris started his professional career in 2005, during which he wildly succeeded. The search graph is highly mobile and understandable for his career pace.
Chris’ graph is peaking according to the search rate of his search graph.
Frequently Asked Questions (FAQs)
Why did people start calling him CP3 as his nickname?
The CP in CP3 stands for Chris Paul's initials. His father and brother, who share the initials C.P., are CP1 and CP2, respectively. Hence, he inherited CP3 as the third member of the family with the shared initials.
What was the Chris Paul and Kim Kardashian scandal?
Kanye West, among his tweets of deeply offensive, anti-Semitic remarks in 2022, had also tweeted about his ex-wife Kim, where he exposed Kim for having an affair with the married Chris Paul. Kim denied the allegation and divorced Kanye with West ordered to pay $200k monthly in child support.