Key Takeaways
- Grant Ellis, The Bachelor Season 29’s lead, built his estimated net worth of $1-2 million through a combination of professional basketball in the Dominican Republic, successful day trading of the S&P 500, and earnings from The Bachelor franchise.
- After facing significant losses in his first three years as a day trader following a career-ending basketball injury, Ellis persevered and eventually turned trading into his primary source of income.
- As The Bachelor lead, Ellis reportedly earns between $100,000-$250,000 for his season and has opportunities further to increase his wealth through sponsored content and brand deals.
Grant Ellis, the lead of The Bachelor Season 29, has captivated audiences with his charm and emotional depth.
As fans tune in to watch his journey to find love, many are curious about the financial side of his life.
With a career spanning professional basketball and day trading, Ellis’s net worth has become a hot topic.
Taking into account his basketball career, day trading success, and earnings from The Bachelor, Grant Ellis’s net worth is estimated to be between $1 million and $2 million.
This figure will likely grow as he capitalizes on his newfound fame and continues expanding his career.
Here’s a closer look at the factors contributing to his wealth!
Grant Ellis’s Early Earnings As A Basketball Player
Ellis, 31, played professional basketball overseas, primarily in the Dominican Republic, after a successful collegiate career at Iona University, Southern University, and Albertus Magnus College.
While the exact figures of his basketball contracts remain undisclosed, professional players in smaller leagues often earn between $50,000 and $200,000 annually.
Unfortunately, his basketball career was cut short by an injury, forcing him to pivot to a new path.
Ellis has spoken openly about the challenges of leaving the sport he loved, but his intelligence led him to a thriving career in finance.
Transition To A Career As A Day Trader
Following his basketball retirement, Ellis entered the high-stakes world of day trading.
Specializing in the S&P 500, he revealed on The Viall Files podcast that his initial years in trading were tough, with significant financial losses.
Ellis shared,
“The first three years, I lost everything I had in the market, but I stuck with it.”
Via Forbes
His persistence paid off, and he now describes trading as his primary source of income.
Experienced day traders can earn anywhere from $100,000 to several million dollars annually, depending on their strategies and risk tolerance.
While exact figures are unavailable, Ellis’s dedication and success in trading suggest that his net worth has grown significantly since he began his career in finance.
Earnings From The Bachelor Franchise
As the star of The Bachelor, Ellis is likely earning a substantial paycheck from ABC. According to reports, leads of the show typically earn between $100,000 and $250,000 for their season.
Additionally, Ellis’s previous appearance on Jenn Tran’s Bachelorette season may have also contributed to his earnings, though contestants usually receive more modest compensation.
Beyond his salary, Ellis has the potential to monetize his fame through sponsored content, brand deals, and public appearances.
Many former Bachelor stars have leveraged their platform to build lucrative careers in entertainment and business.
In Case You Didn’t Know
- Grant Ellis’ hobbies, including travel and salsa dancing, suggest he values experiences but also maintains a practical approach to wealth.
- He has hinted at a strong family bond and has often credited his upbringing for shaping his financial mindset.
- His mother, Renee, and his sister, Taylor “Loreal” Ellis, a successful model, have also played influential roles in his life.
