In this blog entry I’m gonna talk about the wrestling legend, Hulk Hogan his real name is Terry Bollea. Hogan admitted that he had wasted the vast sums of money that he earned during his years in the WWE and WCW. But only tragedy is that now he is living in a rental home after him slashing his Florida mansion off the price $16 million in order to get a quick sale.
He also revealed that he wasted “hundreds of millions” of dollars on palatial homes and fast cars which he earned from his wrestling career. This two story home was built in 1996 which is featuring a gym and spa, five-car garage and a pool with a two-tier waterfall. He originally lived in the home with his ex-wife Linda who filed for divorce from the star in November 2007.
Hogan, the WWE Hall of Fame inductee told ‘Good Morning America’ and he added that, there were houses being bought and cars being bought and vacations of family members. There was eight, nine, $10 million, $11 million going out, so it got way off.
Due to his financial troubles, Hogan seemingly announced his retirement from professional wrestling on TNA TV show ‘Impact Wrestling’ on 29-09-11 claiming that he wanted to break the news to his fans first because they always stuck by him through the major difficulties in his life including a divorce from wife Linda in 2007.
In the meantime Hulk has got into trouble after attempting to boost his finances with his latest venture, a reality TV show on US network TruTV featuring miniature wrestlers, after midget competitor
Steve Richardson- aka ‘Puppet the Psycho Dwarf’ – accused him of stealing his idea.
Steve Richardson- aka ‘Puppet the Psycho Dwarf’ – accused him of stealing his idea.
Steve Richardson said that he has no ill feelings toward Hogan but loads of his wrestlers are the guys he fired. Wrestlers are using all the ideas everything he came up with and his also specified there’s no individuality and there are following the same concepts which is a violation of intellectual property rights.
This home looks very luxury and traditionally built it’s really awesome but the price meant for sale is very less in my point of view. Hogan has reduced the price of the home for fourth time in 2006 it was originally listed back at $25 million. Now he priced at $8.85 million.
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