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He had one of the top publicized murder trials in the US. OJ Simpson’s net worth at the time of his death drastically differed from his earlier life. The former football player owed a lot after committing several crimes in his lifetime.
Simpson was born on July 9, 1947, in San Francisco. He rose to fame as a standout football player at the collegiate level, playing for the University of Southern California (USC) Trojans. Simpson won the Heisman Trophy in 1968, awarded to the most outstanding college football player in the United States.
That would all be overshadowed by the events in 1994, when his ex-wife, Nicole Brown Simpson, and her friend, Ron Goldman, were found murdered outside Nicole’s home in Los Angeles. Simpson quickly became the prime suspect in the case, which sparked a media frenzy. The subsequent trial, known as the People v. O.J. Simpson, lasted for nearly nine months from 1994 to 1995.
It was one of the most widely publicized trials in American history, broadcast live on television and closely followed by the public. His defense team, led by prominent attorneys like Robert Kardashian and Johnnie Cochran, successfully argued that Simpson was framed and that evidence was mishandled by the police.
Despite substantial evidence against him, including DNA evidence and circumstantial evidence, Simpson was acquitted of all criminal charges on October 3, 1995. The verdict was met with widespread controversy and debate, with many believing that Simpson had gotten away with murder.
In a subsequent civil trial in 1997, Simpson was found liable for the wrongful deaths of Nicole Brown Simpson and Ron Goldman and was ordered to pay millions in damages to their families. However, he has maintained his innocence in the murders.
Simpson was also involved in several other crimes in 2007 where he was arrested for stealing sports memorabilia and was convicted on charges of multiple felony counts, including criminal conspiracy, kidnapping, assault, and robbery. He was sentenced to 33 years but was released in October 2017.
So what was OJ Simpson’s net worth at the time of his death? Read more to find out.
What is OJ Simpson’s net worth?
OJ Simpson’s net worth was estimated to be around $3 million according to Celebrity Net Worth and, according to TIME magazine, he still owes a lion’s share of the $33.5 million judgment a California civil jury awarded to the families of his ex-wife Nicole Brown Simpson and her friend Ron Goldman.
Now that he’s passed, Simpson’s assets will almost certainly have to go through what’s known as the probate process in court before his four children or other intended heirs can collect on any of them.
According to People, Simpson Died $114 million in debt to Ron Goldman’s family. “He died without penance,” the attorney for Ron Goldman’s father told the magazine. “He did not want to give a dime, a nickel to Fred, never, anything, never.” He continued: “He [still] owes on the current status of the judgment,” David Cook said, noting that Simpson’s failure to pay the family, the money owed with interest has blown up to over $114 million as of this year.
During the Nicole Brown Simpson murder trial, OJ Simpson estimated his net worth to be around $10.8 million (around $18 million today) in court documents. A majority came from his Brentwood estate that he bought in 1997 for $650,000. In settlement terms of their divorce, OJ’s monthly income in 1992 was $55,000 after his brand deal with Hertz.
When drafted by the Buffalo Bills in 1967, Simpson demanded $650,000 for five years, which was one of the top salaries in pro sports history at the time.
How much money did OJ Simpson lose?
In a divorce settlement with Nicole Brown Simpson, OJ Simpson was ordered to pay $10,000 per month in child support plus a one-time payment of $433,750 ($730,000 after adjusting for inflation).
Years after the murder case, Simpson was found guilty in a civil wrongful death lawsuit and a jury awarded the estate of Ronald Goldman $33.5 million. Simpson had paid little of the $33.5 million judgment (equivalent to $64 million in 2023) and accumulated interest to around $96 million. It’s estimated he only paid off $132,849.53, according to TMZ.
How did OJ Simpson earn money?
OJ Simpson earned money mostly through his NFL pension. After a former player turns 55, they are allowed to receive $4,034, However, it’s believed that Simpson took a larger monthly payment of $10,656. Simpson was an active Cameo user in 2019 and netizens could pay him $250 for a short video.
How did OJ Simpson die?
How did OJ Simpson die? According to his family’s statement made on April 11, 2024, he died after a battle with prostate cancer. “On April 10th, our father, Orenthal James Simpson, succumbed to his battle with cancer,” his family shared in a statement on X. “He was surrounded by his children and grandchildren. During this time of transition, his family asks that you please respect their wishes for privacy and grace,” their statement read.
For more on O.J. Simpson, check out his 2008 memoir, If I Did It: Confessions of the Killer
. Written by Simpson and told in his own words, the book takes readers through Simpson’s famous murder trial after the brutal 1995 murders of his wife, Nicole Brown Simpson, and her friend, Ron Goldman, at her home in Brentwood, California. In the book, Simpson reveals how he would have committed the murders, under the pretense that his confession as “hypothetical.” A new edition of the book was published in 2007 and included essays written by members of the Goldman family, a member of the Goldman family legal team, and Simpson’s ghostwriter, revealing more details about his murder trail and his legal issues after Brown and Goldman’s murder. “One of the most chilling things I have ever read,” journalist Barbara Walters described the memoir.