Karl Malone's net worth: How much is the mailman worth right now?

Karl Malone's net worth: How much is the mailman worth right now?

Steve Njuguna
June 19, 2023 at 4:58 AM

Karl Malone is a former professional basketball player. During his 19 years as a professional, he played for the Utah Jazz and the LA Lakers. He was also part of the 1992 US Olympic winning team. Stick around as we analyze his life and reveal to you his overall net worth.

Karl Malone
Karl Malone, during his Utah Jazz days, shoots a jump shot during the NBA game against the Sacramento Kings in 2003. Photo by Kent Horner/NBAE
Source: Getty Images

Malone was nicknamed ' the mailman' during his college days because he always delivered. Malone was one of the most dominant power forwards in the history of the NBA.

Profile summary


Karl Malone

Date of birth

July 24, 1963


59 (as of June 2023)



Place of birth

Summerfield, Louisiana


Basketball player



Teams played for

Utah Jazz, LA Lakers

Playing career period


Teams coached

Louisiana Tech University


Two time Olympic gold medalist (1992,1996), Two times NBA MVP (1997,1999)

Net worth

$90 million

Karl Malone's age

Karl was born on July 24th, 1963. As of June 2023, he is 57 years old.

Karl Malone's education

Karl attended Summerfield high school in Louisiana, leading the team to three consecutive regional titles. For college, he attended Louisiana Tech leading them to their first-ever NCAA Sweet 16 tournament berth in the 1984-1985 season.

Karl Malone's playing career

Malone was drafted 13th by the Utah Jazz in the 1985 NBA draft. He excelled over 18 years in Utah, forming a formidable partnership with hall-of-fame point guard John Stockton. Karl was voted the NBA's most valuable player twice in his career, in 1997 and 1999. He was voted into the NBA All-Star team fourteen times over his career. Malone never won the NBA title despite reaching the final three times, twice with Utah and once in his last season with the LA Lakers.

Karl Malone at the Basketball Hall of Fame

Karl Malone has been elected into the Naismith Basketball Hall of Fame twice. Once for his career and the second time for being part of the 1992 US Olympics gold medal-winning team.

Karl Malone's children

Malone has four children with his wife, Kay Kinsey. Daughters Kadee, Kylee, and Karlee, and son K.J. played American football at the collegiate level. He is also the father to 3 time WNBA Champion Cheryl Ford and her twin brother Daryl and Demetress Bell, who played five seasons in the NFL as an offensive linesman.

Cheryl Ford
Cheryl Ford during the 2007 WNBA All-Star game. Photo by Jeffrey Bottari/NBAE
Source: Getty Images

Karl Malone's houses

Malone lives in a mansion in Ruston, Louisiana, with his family. He had an eight-bedroom house in Utah during his time there, which he sold for $6.5 million upon his retirement in 2005.

Karl Malone's cars

Karl Malone has many cars accumulated from his Utah Jazz days. He owns a car dealership known as the Karl Malone Auto Group, with branches all over America.

Karl Malone's NBA earnings

Over 19 seasons in the NBA with the Utah Jazz and LA Lakers, Karl Malone made $104 million in wages. Aside from this amount, he also earned money from apparel and brand endorsements.

Karl Malone's net worth

According to various sources, including Forbes, Karl Malone's 2023 net worth is approximately $90 million. His money is made from his NBA earnings, endorsements, and business ventures.

What does Karl Malone do right now?

Karl focuses on his business ventures in Utah and Louisiana and also makes public appearances during basketball games. He was a judge during the 2023 NBA All-star weekend.

Karl Malone All Star
Karl Malone at the 2023 All-Star game. Photo by Jesse D. Garrabrant/NBAE
Source: Getty Images

Karl Malone's endorsements

Malone has had endorsements throughout his career had endorsements with Toyota, LA Gear, Nike, and Burger King. Malone also endorses his businesses.

Karl is one of the greatest basketball players of all time. His remarkable career has contributed to his huge net worth and global popularity.

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Steve Njuguna
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