Table of Contents
- Karl Malone is widely regarded as one of the greatest power forwards in NBA history
- Despite winning several individual awards, he retired without winning an NBA title
- Malone earned a whopping $105 million during his playing days
Read Karl Malone biography to get to know the life story of the former basketball player, including details about his earnings.
Malone, who spent his entire career playing in the National Basketball Association (NBA), is widely regarded as one of the greatest power forwards in the league’s history. The Utah Jazz legend ranks third on the list of NBA’s all-time top scorers with 36,928 career points.
Despite winning several individual awards, including the NBA Most Valuable Player, he retired without winning an NBA title. Over the course of his career, he faced a lot of criticism due to some of his actions. Keep reading Karl Malone biography to find more info about the Louisiana native.

Karl Malone. Photo/ NBA.
Karl Malone Biography
Full name | Karl Anthony Malone |
Age | 61 |
Height | 2.06 m |
Place of birth | Summerfield, Louisiana, United States. |
Date of birth | July 24, 1963 |
Nationality | American |
Occupation | Basketball player |
Source of wealth | Basketball |
Marital status | Married |
Earnings History
According to Celebrity Net Worth, Karl Malone earned a whopping $105 million during his playing days. Most of his earnings come from the four-year deal he signed with Utah Jazz in 1999.
In his final season with the Jazz (2002-2003), the power forward received $17 million as salary, which is about $25 million as per the rates in the world now. Following his retirement in 2004, he transitioned into coaching. However, we don’t have details about his earnings as a coach.
Personal Life
Karl Anthony Malone was born on July 24, 1963, in Summerfield, Louisiana. He is the lastbron in a family of nine children born to Shedrick Hay (father) and Shirley (mother). Malone and his siblings were raised by their mother as the father had another family he was taking care of. Shedrick committed suicide when Malone was 14 years old.
Moving on to his love affairs, Malone is married to Kay Kinsey, who won the 1988 Miss Idaho USA pageant. The couple is blessed with four children; a son and three daughters. According to sources, the NBA legend has three other children from his previous relationships.
One of the children from his previous relationships, Demetress Bell, is a former football player who played in the National Football League (NFL).
Career
Like many other top NBA stars, Karl Malone started playing basketball while in high school. He played a significant role as his high school team clinched three consecutive Louisiana Class C titles from 1979 to 1981. He continued to play basketball in college after being enrolled at Louisiana Tech University.
Malone was drafted into the NBA in 1985 and was picked 13th overall by the Utah Jazz. He earned his first All-Star selection in 1988 and was picked again the following year, clinching the All-Star Game MVP for the first time in his second appearance.
Malone continued to impress during his time with the Jazz and went on to collect several individual honours. The power forward clinched his first NBA MVP in 1997 and was again crowned MVP the following year. He spent his last years in the NBA playing for the Los Angeles Lakers.

Karl Malone. Photo/ Basketball Network.
Luxury Collection
Karl Malone is one of the richest basketball players. According to Celebrity Net Worth, 61-year-old has an estimated net worth of $55 million. He amassed his fortune by playing basketball over the years and also doing endorsements. Some of the brands he is associated with include Toyota, LA Gear, Nike and Burger King.
Outside basketball, Malone has his own businesses in Louisiana, including Arby’s fast food restaurant, an ice cream shop and a grill restaurant. He also owns two car dealerships in Utah and another one in Louisiana. He is also the owner of several Burger King franchises and owns three car dealerships in Utah and Louisiana.
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FAQs
How old is Karl Malone?
Karl Malone is 66 years old.
What is the net worth of Karl Malone?
$55 million.
Who is Karl Malone’s wife?
Kay Kinsey.
What is Karl Malone famous for?
He is a former basketball player.