Rich Paul - Age, Family, Bio And Wife
Rich Paul, born on December 16, 1981, in Cleveland, Ohio, is a prominent American sports agent. He is best known for founding Klutch Sports Group and for his close professional and personal relationship with NBA superstar LeBron James.
Here we have Rich Paul’s net worth, earnings, career, personal details, and more.
Early Life
Growing up in a one-bedroom apartment above his father’s store in Forest Hills, a neighborhood on the east side of Cleveland, Paul was exposed to the realities of entrepreneurship and hard work from a young age.
His father passed away from cancer in 1999. After graduating from Benedictine High School, a private Roman Catholic school, Paul ventured into selling vintage jerseys, leveraging his keen eye for valuable sports memorabilia to build connections within the basketball community.
Career
Paul’s life took a significant turn in 2002 when he met LeBron James at the Akron–Canton Airport. The two bonded over Paul’s authentic Warren Moon throwback jersey, and their relationship quickly evolved from a business transaction to a deep personal connection.
Paul joined James’s inner circle, which also included childhood friends Maverick Carter and Randy Mims, and began working under Leon Rose at Creative Artists Agency (CAA).
In 2012, Paul and James made the bold decision to leave CAA and establish Klutch Sports Group. The agency quickly rose to prominence, representing some of the biggest names in the NBA, including Anthony Davis
, Draymond Green, and Ben Simmons, among others.
Klutch Sports Group’s aggressive and player-centric approach to negotiations has reshaped the landscape of sports representation, earning Paul a reputation as a powerful advocate for athlete empowerment.
Rich Paul’s Net Worth and Earnings
As of 2024, Rich Paul’s net worth is $124 million.
His wealth is largely attributed to his successful career as the founder of Klutch Sports Group, where he has represented some of the biggest names in basketball, including his longtime friend LeBron James.
Paul manages over 20 NBA players and has been instrumental in generating over $4 billion in deals for his clients.
He was included in the 2020 “Ebony Power 100 List”. In 2022, Paul was listed at fourth on Forbes list of the “World’s Most Powerful Sports Agents”.
Contract and Earnings
He has brokered deals worth more than $1.4 billion for his Klutch Sports clients, with a standard 4% commission charge on each contract.
This commission rate has led to substantial earnings for Paul, with Forbes reporting that he made a staggering $55 million in sports commissions in 2022 alone.
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Rich Paul’s ability to negotiate high-value contracts is exemplified by several notable deals. For instance, he negotiated a three-year, $130 million contract for Fred VanVleet in June 2023, from which Paul earned a commission of $5.2 million.
Endorsements
He partnered with New Balance for an endorsement deal, launching the New Balance Forever Yours Collection in July 2023.
Real Estate
Rich Paul has also invested in real estate, which adds to his net worth. He purchased a home in Beverly Grove for $3 million in 2016, followed by a new build in Fairfax for $4.35 million in 2018. In 2019, he bought a home in Beverly Hills for $11.7 million.
Additionally, he and his partner, singer Adele, acquired Sylvester Stallone’s former house in Beverly Hills for $58 million.
Personal Details
Detail | Information |
Full Name | Rich Paul |
Birth Date | December 16, 1981 |
Birthplace | Cleveland, Ohio |
Profession | Sports Agent, Author, Founder of Klutch Sports Group |
Notable Clients | LeBron James, Anthony Davis, Lonzo Ball, Zach LaVine |
Relationship | Dating Adele since 2021 |
Memoir | “Lucky Me: A Memoir of Changing the Odds” |
Girlfriend
Paul has three children. In 2021, Paul entered into a relationship with English singer-songwriter Adele.
Age
FAQs
What is Rich Paul’s Net Worth?
$124 million.
Who is his girlfriend?
Adele.
Where is he from?
Cleveland, Ohio.
Who are his notable clients?
LeBron James, Anthony Davis, Lonzo Ball, Zach LaVine.
What is Klutch Sports Group?
Klutch Sports Group is a sports agency founded by Rich Paul in 2012, specializing in representing professional basketball players in the NBA.
How did Rich Paul meet LeBron James?
Rich Paul met LeBron James in 2002 at the Akron–Canton Airport, bonding over a Warren Moon throwback jersey Paul was wearing. This meeting marked the beginning of their long-standing relationship.
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