As of June 2024, Eric Bischoff Net Worth is estimated to be $12.5 Million. EricBischoff, the successful television producer, manager, and occasional wrestler, is one of the most powerful men in sports entertainment. He is well-known for his work with WCW, WWE, and TNA.
He has many business interests, including construction, a production company called Bishoff-Hervey, and a brewery in Cody, Wyoming that produces Buffalo Bill Cody Beer.
Most of his wealth comes from construction, beer brewing, and professional wrestling ventures.
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What is Eric Bischoff’s Net Worth and Salary?
Eric Bischoff is an American television producer, professional wrestling booker, promoter, and performer who has a net worth of $10 million. Eric Bischoff is best known for serving as Executive Producer and later Senior Vice President of World Championship Wrestling (WCW). He later became the on-screen General Manager of the WWE’s Raw brand. He was inducted into the WWE Hall of Fame in 2021.
Early Life
Eric Aaron Bischoff wasborn May 27, 1955, in Michigan, United States of America.
He graduated from the University of Minnesota with a Bachelor of Science degree and also earned a degree in Business Administration.
After finishing university, he started working on different types of business ideas.
To help bring in more income, Eric worked as a male model and then started working as a meat packer. He’d drive his truck around nearby towns, delivering beef directly to customers.
He started running a construction company shortly after, which went on to be incredibly successful.
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After trying his hand at various other jobs, including working as a veterinary assistant and a professional kickboxer, he realized that wrestling was what he really wanted to do.
Eric finally decided to join the American Wrestling Association in 1986, headed by Verne Gagne in Minneapolis, Minnesota.
Career
Bischoff worked with the American Wrestling Association for five years before the company folded.
In 1991, he signed on as a commentator with WCW and within two years became Vice President of Wrestling Operations and was promoted to Senior Vice President two years later.
Eric launched Nitro late in 1995, and with the huge profits, made his way up the ladder to President of World Championship Wrestling.
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He became a writer and on-screen personality and after WWF bought the company in 2001, they fired Eric altogether.
This prompted him to move to WWE and quickly worked his way up to General Manager of RAW. He worked for WWE for three years, but after having a romantic dalliance with a fellow employee and feuding with the legendaryJohn Cena, he was fired from the company.
Eric joined TNA in 2010 and once again became General Manager, working as an on-screen personality and backstage producer. He then claimed that the organization had lost control, which resulted in Eric quitting and then suing the company.
Following one of his passions, he started his own production company, Bischoff-Hervey Entertainment, along with a wrestling fan and actor, Jason Hervey.
Throughout 2017, the production company has mainly released reality television shows, including “Girls Gone Wild”, “Scott Baio is 45…and Single”, “I Want to Be a Hilton” and many more.
In recent years, Eric hasn’t appeared on television as much as he used to. However, he did appear on TNT in 2020, which was his first appearance since 2000.
In 2021, he appeared on “Dynamite” at an Inner Circle Press Conference and later hosted a party for the conference.
He’s appeared with some of the greats in wrestling including,Hulk Hogan,Ric Flair,Kane, and Vince McMahon.
Personal Life
Bischoff married his first wife, Kimberly Bowman, in 1979. They remained married until 1982 when they divorced. In 1984, he married his second wife, Loree Bischoff. Together, they have two children – a son named Garett, born in 1984, and a daughter named Montanna, born in 1985. His son Garett made his debut for TNA Wrestling in 2010 under the ring name Jackson James. He worked as a referee before later becoming a wrestler under his real name.
In 2011, Bischoff announced he started a brewing company in Cody, Wyoming. The company called their first beer the Buffalo Bill Cody Beer. In addition to his interest in beer, Bischoff has been a longtime fan of the jam band Phish and collects recordings of their concerts and other band memorabilia.
Awards & Achievements
Eric has fulfilled many roles within professional wrestling, both in management and in the ring, which meant that he didn’t quite fulfill his promise as a championship wrestler.
But his skills are such, that he did manage at least one Championship win in his career, as well as a few lesser accolades.
Here are some of the more memorable moments from Eric Bischoff’s career:
- Eric was inducted into the WWE Hall of Fame in 2021.
- He won “Feud of the Year” in Pro Wrestling Illustrated twice, once in 1996 and again in 2002.
- In 1996 he won “Best Gimmick” and “Feud of the Year” for the Wrestling Observer Newsletter.
- He won the WCW World Heavyweight Championship in 1998, at the Georgia Dome.
- Eric received the “Best Non-Wrestler Award” in 2005.
How Does Eric Bischoff Spend His Money?
Owning a construction company, Eric knows the value of property and Eric currently resides in Arizona with his family, in a house worth over $12 million.
He’s also invested in multimillion-dollar properties in Los Angeles, Wyoming, Scottsdale, and Connecticut.
Eric is not known for spending a lot of money on the most expensive cars in the world, even if he can easily afford them.
As one would expect from a hard-working blue-collar contractor, he currently drives a pickup truck. His official Instagram account reveals what he is currently up to and what new business ventures he’s pursuing.