What Is Mat Hoffman's Net Worth?
Mat Hoffman is an American bicycle motocross rider who has a net worth of $20 million. Mat Hoffman is the President of Hoffman Bikes and known as one of the best vert ramp riders of the BMX bike riding sport and for his work with the "Jackass" series. Nicknamed "The Condor," he earned his net worth as President of Hoffman Bikes, President of the International BMX Freestyle Federation, as well as producing BMX Freestyle Competition and Action Sports demos, and video games.
Early Life
Mat Hoffman was born on January 9, 1972, in Edmond, Oklahoma. At just 11 years old, he competed in a contest at Madison Square Garden after learning how to ride BMX on his own. At 15, he became the youngest rider to join the BMX freestyle circuit. Four years later, he went pro and launched Hoffman Bikes and Hoffman Promotions. His companies helped lead the way for what would become the X Games.
(Photo by Tommaso Boddi/WireImage)
Career
Hoffman made a career out of attempting and pulling off amazing feats and tricks such as jumping over a 3,500-foot Norwegian cliff, the 900, Flip faki, and Flair. He is credited as the first person to land a double peg grind down a handrail, as documented in 1991's "Head First" video. Hoffman is responsible for building the sport of BMX for decades providing support along the way for some of the biggest names in the industry such as Dave Mirra, Kevin Robinson, Jay Miron, Seth Kimbrough, and Chad Kagy. Mat and his team took part in the 1996 Summer Olympic Games closing ceremonies. He has earned silver and bronze medals at the X Games. He was also elected President of the International BMX Freestyle Federation in 2005. In that same year, he started the Mat Hoffman Action Sports Park in Oklahoma City, Oklahoma, which has been recognized as one of the top parks of its kind in the nation.
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Media & Entertainment
Hoffman has produced Pro BMX video games as well as several TV specials. Other projects included the high-energy shows "Mat Hoffman's Aggro Circus" at University Studios in Florida, as well as "Mat Hoffman's Danger Defying Daredevils" at Six Flags Magic Mountain in California and "Mat Hoffman's Freakin Crazy Stunt Show." Hoffman was featured in a documentary in the ESPN 30 for 30 series titled "The Birth of Big Air" which was directed by Jeff Tremaine.
Aside from his videos and documentaries, Mat has been in many movies and television shows over the years. Most famous for his appearances in the "Jackass" films, he also had a small role in 2002's "XXX" featuring Vin Diesel. Additionally, he has made appearances on the TV series "MTV Cribs," "Extreme Makeover: Home Edition," "Wildboyz," "Nitro Circus," and the "2004 Kids' Choice Awards."
Real Estate
In 2010, Mat paid $700,000 for an 8,000-square-foot home on an 8-acre property in his hometown of Edmond, Oklahoma.
