Dave Bing net worth

Dave Bing net worth

Net Worth: $5 Million

About Dave Bing

Dave Bing net worth

It has been estimated that the overall amount of Dave Bing net worth reaches as high as 5 million dollars. Dave Bing has earned his net worth through quite a few involvements, such as being a basketball player and a businessman. Currently, Dave Bing is focused on his career as a businessman and is retired from his sports career, although it has also played a vital role in increasing the overall estimate of Dave Bing net worth and his fame. In addition to his career in the mentioned spheres, Dave Bing is involved in politics. In fact, he is the former mayor of Detroit, Michigan.
Talking about his basketball career, he played this sport on a collegiate level when he was studying at Syracuse University. Then, he joined the NBA, where he stayed for 12 seasons. He was usually playing as a guard. In 1966, he joined the Detroit Pistons, with which he stayed until 1975. In that year, Dave Bing signed a contract with the Washington Bullets, with which he played until 1977. In the period of 1977-1978, Dave Bing was a player with the Boston Celtics. Thus, playing with all of these teams has increased the overall size of Dave Bing net worth.

As a professional basketball player, he had an average of 20 points and six assists per game. He appeared as an NBA All-Star seven times. In 1976, Dave Bing was titled as the game’s Most Valuable Player award. When he retired, the Detroit Pistons retired his jersey number, 21. Dave Bing was titled as one of the NBA’s 50 Greatest Players of all-time, as well. His name eventually appeared in the Naismith Memorial Basketball Hall of Fame. Thus, his basketball career has made him recognized and also served as one of the main sources of increasing the overall sum of Dave Bing net worth.
When he retired, Dave Bing became a businessman. He established Bing Steel, which is a processing company. In 1984, because of creating it, Dave Bing was titled as the National Minority Small Business Person of the Year. Soon, his business expanded and was renamed to the Bing Group. It became the multimillion-dollar conglomerate in Detroit. In fact, the company is considered as one of the largest steel companies in Michigan. Therefore, his business career has also increased the total size of Dave Bing net worth.
In 2008, his name became known more as a politician when he entered Detroit politics as a Democrat. One year later, he became the mayor. In the same year, Dave Bing was re-elected to serve a full term. In 2013, he opted not to continue his political career and was succeeded by Mike Duggan. Therefore, his political career is another source of making his name popular and also of increasing the overall estimate of Dave Bing net worth.
He was born in 1943 in Washington, DC. He was raised with his three siblings. When he was a kid, he was interested in basketball but other kids would usually tease him and tell him that he was too short to become a professional player. He denied all of these statements and eventually became an NBA star.

Now you have an idea why Dave Bing net worth is this huge

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