Home Basketball Allen Iverson Biography: Childhood, Career and Net Worth

Allen Iverson Biography: Childhood, Career and Net Worth

by Ann Wairimu
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  • Allen Iverson is a former basketball player best known for his time in the National Basketball Association (NBA)
  • Iverson didn’t win an championship in his career but earned several honours, including NBA Most Valuable Player 2001
  • Despite being one of the top earners in the NBA at the peak of his career, overspending and divorce have caused a huge strain on his finances

Allen Iverson biography tells the full story of one of the greatest players the basketball world has ever seen. Born Allen Ezail Iverson, he is a former basketball player best known for his time in the National Basketball Association (NBA).

He played as a shooting guard/ point guard and is best known for his time with the Philadelphia 76ers. However, he also had spells at Denver Nuggets, Detroit Pistons and Memphis Grizzlies. Iverson didn’t win an championship in his career but earned several honours, including NBA Most Valuable Player 2001.

Despite being one of the top earners in the NBA at the peak of his career, overspending and divorce have caused a huge strain on his finances. Read on Allen Iverson biography to find every detail about his earnings and net worth as of 2025.

Allen Iverson

Allen Iverson. Photo/ NBA.

Allen Iverson Biography

Full name Allen Ezail Iverson
Age 49
Height 1.83 m
Place of birth Hampton, Virginia, United States
Date of birth June 7, 1975
Nationality American
Occupation Basketball player
Source of wealth Basketball
Marital status Married

Earnings History

Allen Iverson made millions during his playing career in the NBA. According to Celebrity Net Worth, the ex-Philadelphia 76ers man earned over $200 million from salary and endorsements. In his debut season (1996-97) with the 76ers, he was paid $2.2 million.

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His earnings increased annually until the 2006-07 when he joined the Detroit Pistons and things even got better. He was initially paid $17.1 million and his earnings would reach peak during the 2008-09 season when he was paid $20.8 million.

Personal Life

His personal life is one of the most interesting parts of Allen Iverson biography. To begin with, he was born to a 15-year-old mother, Ann Iverson, and his father did not take part in his upbringing. He has three younger half-siblings.

Talking of his love affairs, Iverson dated American rapper Da Brat but the two broke up because the player cheated. He married his childhood sweetheart Tawanna Iverson and the couple has five children. Tawanna filed for a divorce in 2010 and it was finalized in 2013. However, they got back together barely a month after the divorce.

Career

Growing up, Allen Iverson played American football and basketball. He attended Bethel High School where he played as a quarterback for the football team. However, he decided to specialize in basketball after joining college and soon became one of the most sought after players.

Iverson left college early following his sophomore year and declared for the 1996 NBA draft, where he was picked first overall by the Philadelphia 76ers. He was at the time 6 ft 0 in (1.83 m) tall, becoming the first shortest overall pick as the NBA is often dominated by taller players.

Iverson caught the attention of the NBA immediately in his first season and won the NBA Rookie of the Year in 1997. The point guard went on to become an 11-time NBA all-Star and claimed several individual honours as a player. He left the 76ers in 2006 and signed with Denver Nuggets.

Allen Iverson

Allen Iverson biography. Photo/ YouTube.

He spent the last two years of his NBA career playing for the Detroit Pistons, Memphis Grizzlies and Philadelphia 76ers. He had a short spell with Besiktas and then retired in 2010.

Luxury Collection 

Considering his earnings, Allen Iverson could be one of the richest basketball players. However, his net worth is just $1 million, which is very low compared to that of the likes of Michael Jordan and the players he played with.

Unfortunately, Iverson’s overspending habit caused a huge strain on his fortune. It is alleged that he often travelled with more than 50 people and showered friends and family with expensive gifts such as cars, houses, jewelry and vacations. A judge in Georgia ordered all his bank accounts to be seized in February 2012 after he claimed he had no money at all.

Iverson currently resides in a luxurious mansion at 2010 Westbourne Way, Alpharetta, Georgia. The house is worth $2.19 million and has seven bedrooms. The ex-NBA player has owned several cars over the years, including a Lamborghini Aventador, Hummer H1 Alpha HX and Porsche Panamera Turbo.

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FAQs

Where is Allen Iverson from?

Iverson was born in Hampton, Virginia, United States.

What was so special about Allen Iverson?

He was one of the most lethal scorers in NBA history.

How many teams did Allen Iverson play for?

He played for five teams before ending his career.

What does Iverson do now?

He is Reebok’s vice-president of basketball.

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