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Bodybuilding Icon Joe Weider

Not As Rich As You'd Think

9/10/2013 12:50 AM PDT BY TMZ STAFF
EXCLUSIVE

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Who could possibly be upset at amassing a $35 million fortune in their lifetime? Bodybuilding icon Joe Weider ... 'cause he should be worth WAYYYYY more than that.

TMZ has obtained Weider's will -- filed with the court after he passed away in March at the age of 93. According to the docs, Weider's estate was worth $35 mil.

So, why is the $35 million smackeroos a bit of a disappointment?? Allow us to explain: 

First, Weider was the undisputed KING of bodybuilding for more than 50 years and slapped his name on everything from dumbbells to workout gloves. Cha-ching.

Next ... Weider not only co-founded the Mr. Olympia contest, he launched multiple uber-successful fitness magazines including Muscle & Fitness, Shape and Men's Fitness. Cha-Ching.

But the biggest reason we're shocked at the number -- Joe founded Weider Nutrition in 1936 (which many consider the first sports nutrition company) ... which later became Schiff Nutrition International ... which was bought out by a German food company in 2012 for $1.4 BILLION!

CHA-CHIIIIIINNNNNGGGGG!!!!

Problem is ... judging from his will, it appears Joe may have gotten rid of his ownership in the company before it blew up ... and in his final days, he was forced to live on his meager $35 million.

Sad ...

For more sports stories, check out tmzsports.com!
21 COMMENTS

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16.

Max Bauer    

http://sportlernahrung.co/sporternahrung/joe-weider.html

415 days ago
17.

Truth Be Told    

FYI: Just so everyone knows - There is someone who is cloning me (and a lot of other people) and is posting on all the boards. If you don't believe me - click on his avatar and then mine you will see for yourself. This person steals other people's avatar's and nick names then hides behind a proxy server and posts on all the boards. Beware: This person may very easily clone you also! So Heads Up!!

415 days ago
18.

Artur    

His family still can make money from using his name
http://1566b727.dotests.com/

362 days ago
19.

Artur    

I bet his family can much more just by using his name for franchise..
http://1566b727.dotests.com/

362 days ago
Previous 15 Comments | 1 | 2

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