Terminator. Barbarian. Landlord.

Miami /
Dec.December 16, 2016 05:05 PM

From the New York website: He needs your clothes, your boots and your motorcycle… and your rent check.

Before Arnold Schwarzenegger made it big in Hollywood, he was just your average, Mr. Olympia-winning landlord.

In the years before movies like “Conan the Barbarian,” “The Terminator” and “Predator” catapulted him into A-list stardom, Schwarzenegger made a tidy living in the late 1970s with $100,000 he invested in real estate.

“I did not rely on my movie career to make a living,” he explained in a new book by Tim Ferriss. “I realized in the 1970s that the inflation rate was very high and therefore an investment like that is unbeatable.”

“I benefited from a [magic decade] and I became a millionaire from my real estate investments,” the former California governor said, according to the New York Post. “That was before my career took off in show business and acting.”

The 69-year-old Schwarzenegger is one of 112 figures profiled in Ferriss’ “Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers.” [NYP]Rich Bockmann


Related Articles

arrow_forward_ios
Phil Collins is in contract to sell his waterfront Miami Beach mansion amid a legal battle with his ex-wife, Orianne Bates. (Getty, Coldwell Banker Realty)

Phil Collins finds buyer for waterfront Miami Beach estate listed for $40M

Phil Collins finds buyer for waterfront Miami Beach estate listed for $40M
Serena Williams with 7703 Bold Lad Road and 6431 River Pointe Way (Getty, Google Maps)

Serena Williams sells Palm Beach Gardens home after buying Yadier Molina’s Jupiter mansion

Serena Williams sells Palm Beach Gardens home after buying Yadier Molina’s Jupiter mansion
Alex Rodriguez with Stuart Zook (Getty, Miami-Dade County Circuit Courts)

A-Rod’s ex-brother-in-law alleges racketeering, embezzlement in new lawsuit against retired Yankee

A-Rod’s ex-brother-in-law alleges racketeering, embezzlement in new lawsuit against retired Yankee
Carl Gambino

Celebrity agent Carl Gambino expands to Miami

Celebrity agent Carl Gambino expands to Miami
David Cassidy and 1600 South Ocean Drive in Fort Lauderdale (Getty)

David Cassidy’s former Fort Lauderdale home sells

David Cassidy’s former Fort Lauderdale home sells
4404 North Bay Road with Cindy Crawford and Rande Gerber (One Sotheby's, Google Maps, Getty)

Cindy Crawford, Rande Gerber paid $10M for waterfront Miami Beach teardown

Cindy Crawford, Rande Gerber paid $10M for waterfront Miami Beach teardown
Jared Kushner, Ivanka Trump and Julio Iglesias with the Indian Creek Island property (Getty, Lifestyle Production Group)

Ivanka and Jared’s rumored Indian Creek Island purchase closes for $32M

Ivanka and Jared’s rumored Indian Creek Island purchase closes for $32M
2555 Lake Avenue and Elizabeth Taylor, pictured at the house in 1949 (Getty)

Waterfront Miami Beach mansion linked to Elizabeth Taylor sells for $20M

Waterfront Miami Beach mansion linked to Elizabeth Taylor sells for $20M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...