Alex Rodriguez, had a successful 20 season career in Major League Baseball playing for Texas Rangers, Seattle Mariners, and New York Yankees. He is the highest-paid MLB player of all time, with the highest salary in 2013 when he earned $28 million for one season. After his retirement in 2016, Rodriguez reinvented himself through his fashion and purchases to create a new identity. He stepped into the world of business ventures to earn profit from his earnings. The former shortstop is the owner of A-Rod Corp, an investment firm, and the Chairman of Presidente, a beer company. He has amassed a $400 million fortune and loves to spend his money on buying the best.
Rodriguez is known for his highly publicized relationship with singer Jennifer Lopez and the lavish spendings he made via real estate, watches, and the most expensive cars. Let’s take a look at how Alex Rodriguez spends his $400 million net worth.
Real Estate
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Rodriguez loves living in luxury and large properties. The former baseball star had purchased a Miami waterfront property in 2020 with Jennifer Lopez costing $32 million. It had an area of 15,000 sq. ft located on a 40,000 sq. ft. of land on an artificial island. Additionally, he owns a Condo on Park Avenue with three bedrooms and four bathrooms. As mentioned by The Richest, his Coral Gables Home is built on a 1.46 acre of land and costs $2.69 million, which features multiple swimming pools and even a basketball court.
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Luxury Superyachts And A Private Jet
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When Rodriguez was new to his single life after the break-up, he decided to celebrate in style. He was photographed soaking the sun in St. Tropez in the South Of France on a 180-feet superyacht called the Ocean Paradise. The cost of the yacht is $32 million, and the weekly charter rate is $312,000.
As for his aviation journeys, A-Rod owns a Gulfstream VI SF that he purchased in 2017 by splashing out a whopping $4.2 million, as stated by Emirates 247. The jet features a seating area for ten people, Wifi, fine dining, and high-tech surround sound systems. He is known to spend over 500 hours chartering his jet to travel around.
An Epic Car Collection
A-Rod is a car enthusiast and has been spotted driving around only the best. He owns a Rolls Royce Ghost, a stylish car that emits a 24-hour glow and comes with a 6.75-liter turbocharged V12 engine. The car has a starting price of $337,000. His lineup also contains the BMW 3-series, which were produced between 2011 and 2019. Rodriguez has also been spotted driving around in the Mercedes Maybach 57 S that comes with an option between the five-speed automatic transmission and manual mode.
His recent pricey purchase was a red Porsche 911 GT3 which he bought JLO for her birthday in 2020. After the split, the baseball star has reportedly kept the vehicle since he posted a photo of himself in front of the car. The Porsche set him back by over $100,000.
Expensive Watches And Jewelry
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The biggest factor in Rodriguez’s transformation process came from the noteworthy watch collection he purchased. A-Rod has a massive watch collection and only the best timepieces in his closet. He has been spotted wearing Rolex GMT-Master II, a Rolex Cosmograph Daytona in Platinum that costs upwards of $100,000. According to the Swiss Watch Expo, the retired baseball player also owns Patek Phillipe Aquanaut, Rolex President Day-Date, and Cartier Santos 100 XL, collectively costing thousands of dollars.
Rodriguez also owns a good portion of jewelry, and one of his priciest purchases was the $1.8 million engagement ring he bought for Jennifer Lopez in 2019. The 15-carat customized ring was the talk of the town after the engagement was announced publicly.
Fine Art
Along with his epic car collection and sprawling properties, not many people know that A-Rod is a serious art collector. He has spent millions of dollars collecting art to decorate his beautiful homes. One of his favorite artists is Jean-Michel Basquiat, whose 1984 painting titled M.T has a grand spot at the entrance of his Florida home. The other collectible art is Self-Portrait in Mirror #1 (Raina), made in 2012 by Jonathan Horowitz, a New York-based artist, as noted by Architectural Digest.
He has also adorned his daughters Ella and Natasha’s rooms with fine art collectibles like Nate Lowman’s heart-shaped canvas in blue. His favorite artist is Andy Warhol, and he owns several pieces of the artist’s work. Rodriguez had plans to sell a major chunk of his collection for over $6 million to have a joint art collection with Jennifer Lopez. However, he didn’t end up selling the work because of the split.
Alex Rodriguez has expensive tastes, and he treats himself to the best luxuries $400 million can buy. His spendings have ranged from the best car collections and jewelry to the most sought-after fine arts that adorn his homes. With his investment corporation finding momentum, his rising fortune may give rise to some more expensive purchases.
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Sources: The Richest, Emirates 247, Swiss Watch Expo, Architectural Digest
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