What is Michael Chang’s net worth?
|Net Worth:||$30 Million|
|Born:||February 22, 1972|
|Height:||1.75 m (5 ft 9 in)|
|Country of Origin:||United States of America|
|Source of Wealth:||Professional Tennis Player|
|Last Updated:||August 2, 2022|
Michael T-pein Chang is a former American tennis player who earned his fortune by winning 34 top-level professional singles tournaments.
Although he retired in 2003, he continues to be active in tennis, coaching Kei Nishikori since 2014.
As of January 2023, Michael Chang’s net worth is estimated to be $30 Million.
Michael Chang Facts
- Since starting his career in 1988, Chang earned $19.1 million in prize money until his retirement in 2003.
- Chang made history when he became the youngest player to win a Grand Slam title at the French Open in 1989.
- The same year, Chang became the youngest player to be ranked in the world’s top five best tennis players.
- Chang played for the US team when they won the World Team Cup in 1993.
- In 2008, Michael Chang was inducted into the International Tennis Hall of Fame.
Michael T-pein Chang was born February 22, 1972, in Hoboken, New Jersey, to Betty and Joe Chang, though he would spend most of his childhood in St. Paul, Minnesota.
While living in St. Paul, Michael learned how to play tennis before the Changs moved to Placentia, California, and later Encinitas, California, so that he could have more opportunities in the sport.
Growing up, Michael’s mother quit her job as a chemist to travel with him on tour, and after becoming #163 in the world at the age of 15, Michael dropped out of San Dieguito High School to pursue a career as a professional.
During his amateur career, Chang won many titles, even becoming the youngest player to win a draw match at the US Open.
However, he won his first top-level singles title in 1998 in San Franciso at the age of 16, which truly kicked off his professional career.
While he had drawn a lot of attention with his previous wins, in 1989, he won the French Open at the age of 17, becoming the youngest male player to ever win a Grand Slam title.
By 1992, Chang had reached three more Grand Slam finals, winning the French Open once more in 1995.
Chang also became a key player on the US team during the Davis Cup in 1990, where he helped them take first place.
He would also play on the US team that won the World Cup in 1993, after having represented the US during the 1992 Summer Olympics in Barcelona.
From 1989 to 2003, Chang won 34 career titles, and in 1996 was ranked No. 2 in the world for his impressive skills.
His final top-level title was earned in 2000 in Los Angeles, after which he retired from the court in 2003, later joining Jim Courier’s senior tour in 2006.
While he may not be earning titles for himself, since 2014, he has served as the coach for Japanese player Kei Nishikori.
Michael Chang’s Career Earnings
Michael Chang excelled in singles matches, and that is where he earned the majority of his money.
Although he is no longer one of the richest tennis players in the world, Chang earned a significant amount during his career, and we have information about his most important gains.
- In 1988, Michael Chang earned $136k from singles and $2k from doubles matches.
- Chang earned his first million in 1991, gaining $1,4 million from singles and $2.2k from doubles.
- In 1993, Chang earned $1.42 million from singles matches and $9.7k from doubles.
- Chang earned $1.9 million from singles matches in 1995 and $1k from doubles.
- During his final year, Chang earned $75k from singles matches in 2003.
- In total, Michael Chang earned $19,145,632 in prize money throughout his career.
In addition to his career earnings, Chang has also earned millions from endorsements with Reebok, Nissin Foods, Panasonic, Cathay Pacific Airlines, Discover Card, and many more.
Michael Chang married professional tennis player Amber Liu, and together they have two daughters, Lani and Maile.
As a devout Christian, Chang has attended the Master’s ministry program at Biola University in California, where he also serves on the Board of Directors.
Chang has also been a huge advocate for tennis, which helped introduce a new generation of players to the game, including Jim Courier, Andre Agassi, and Pete Sampras.
He also advocates for grassroots tennis development in Asia through his Stars of the Future program in Hong Kong.
On social media, Chang can be found on his official Instagram account, where he often posts about tennis and the causes he supports.
Awards & Achievements
Michael Chang earned many awards and titles during his professional career, all of which have helped distinguish him.
While all of his victories and accolades have been important, some stand out more than others.
Here are some of Michael Chang’s most significant career awards and titles:
- In 1988, Michael Chang won the ATP Newcomer of the Year award.
- Chang was awarded the ATP Most Improved Player title in 1989.
- At the 1989 French Open, Chang became the youngest player to win a singles major at the age of 17.
- To celebrate Taiwanese Americans in sports, Chang was honored by the Los Angeles Chinese Historical Society in 2009.
- In 2008, Chang was inducted into the International Tennis Hall of Fame.
Although he may not have earned as many accolades as Venus Williams, Michael Chang’s professional tennis career still stands out as one of the most noteworthy in the industry.
How Does Michael Chang Spend His Money?
Fans got a taste of Michael Chang’s lavish lifestyle when he put his California mansion up for sale in 2019 with an asking price of $8 million.
The Mediterranean-style home, which boasts two tennis courts, a pool, and three putting greens, is situated in the gated community of Coto de Caza in Orange County.
Chang and his family originally built the home in 1990 and have lived there until finally putting it on the market.
Located just outside one of the most expensive cities in the U.S., this home is located in an extremely wealthy area and provides both security and privacy.
With 7,665 sqft in the main house, there are seven bedrooms and five full bathrooms, along with a 2,621 sqft guest house that features two beds and two baths.
Although we don’t know where Chang has moved to since selling this impressive mansion, we can assume it is just as lavish and impressive.
There have been many memorable moments throughout Michael Chang’s career that have helped make him one of the most successful players on the court.
However, some of these milestones were more formative than others and impacted his fame and fortune more than others.
Here are some of the best highlights of Michael Chang’s career:
- Michael Chang won his first top-level singles title in San Francisco in 1988 when he was 16.
- The following year, at the French Open in 1989, Chang became the youngest player to win a Grand Slam title.
- In 1990, as a member of the US team that won the Davis Cup in 1990.
- Chang represented America in the 1992 Summer Olympics but lost during the second round.
- In 2003, Chang retired and then later joined Jim Courier’s Senior Tour in 2006.
Michael Chang has enjoyed a lot of success on the court, but these are the most significant highlights of his career.
Favorite Michael Chang Quotes
Michael Chang was not only an incredible tennis player, but he was also one of the hardest-working and most determined.
No matter what came his way, win or lose, Chang stayed positive and kept forging ahead, something he always made evident in his interviews.
Here are our favorite quotes from Michael Chang:
- “It has been a difficult road this year, but still, I look at every day as a new opportunity.” – Michael Chang
- “You can work really hard, but if you’re not training in the right way, you’re not going to improve and get to the level that you want to.” – Michael Chang
- “I’m a competitive person, and it is in my nature to try hard in every match I play.” – Michael Chang
- “If at first you don’t succeed, try, try, try, try, try again.” – Michael Chang
- “As an athlete, I used my speed, agility, and quickness to go out and play against the big guys.” – Michael Chang
3 Amazing Lessons From Michael Chang
There is a lot that we can learn from Michael Chang and his long career in professional tennis.
Now that you know all about Michael Chang’s net worth, we can take a look at what he can teach us about reaching our own success.
Here are some of the best success lessons to learn from Michael Chang:
1. Every Day Is A New Opportunity
One amazing thing that we can learn from Chang is his way of seeing each new day as a new opportunity.
Just because today didn’t go the way you wanted doesn’t mean that tomorrow will be the same, so take each day as it comes and treat it as a new beginning and not a continuation.
2. Stay Competitive
Even if you’re not a professional sports player, you can still benefit from being competitive, especially if you want to stand out from your peers.
This doesn’t mean competition should go to your head, but rather that you should keep working hard to distinguish yourself from others in your field.
3. Keep Trying When you Don’t Succeed
You can’t give up when you don’t immediately succeed, and it is important to try, try, and try again, no matter how many times you fall short.
Don’t think of failures as a setback but rather as lessons that will help you develop your true potential.
Michael Chang is a highly accomplished former tennis player who has earned a solid fortune as one of the best on the court.
While he has been retired since 2003, he continues to maintain a presence in professional tennis as the official coach of Kei Nishikori.
Be sure to check back often as Michael Chang’s wealth continues to increase steadily!
As of January 2023, Michael Chang’s net worth is estimated to be $30 Million.