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How Competitive Eater Joey Chestnut Accumulated $1.5 Million Net Worth?

Published Tue Oct 01 2019 By
How Competitive Eater Joey Chestnut Accumulated $1.5 Million Net Worth?

Of course, getting paid for eating food is one of the dream jobs for many & seems, for the American competitive eater Joey Chestnut, it's a regular showcase.

Ever since, Chestnut entered competitive eating scene in 2005, his tasteful job has grabbed him massive fame & fortune. Currently, as per the Major League Eating, Joey is the top-dog of eating competition.

The California-born got career breakthrough after defeating Takeru "Tsunami" Kobayashi, a 6-time defending champion, on 92nd Annual Nathan's Hot Dog Eating Contest in July 2007.

As reported, Chestnut got the title after he ate 66 hot dogs and buns in 12 minutes, yummy it seems, but also troublesome unlike as easy it sounds!

Whopping $1.5 million Net Worth For Eating Food!!

Over the years, competitive eating is growing as an interesting & luring competition that earns it competitors a hefty fortune as well as fame.

And without a doubt, for Joey Chestnut, it's a professional career journey filled with ketchup, buns & sausage.

According to Celebrity Net Worth, the Nathan's Hot Dog Contest defending champ for 8-straight times, owns the net worth of $1.5 million as of October 2019.

His pre-Nathan's Hot Dog Contest eating record includes astonishing yet applaudable task of consuming 6 and a half pounds of deep fried asparagus in 11.5 minutes in 2005.

American competitive eater Joey Chestnut is a millionaire
American competitive eater Joey Chestnut is a millionaire

Source: Yahoo Sports

Later, in 2006, Joey Chestnut qualified for the Nathan's Hot Dog Contest after eating 50 hot dogs with buns.

The following year, he competed in 92nd Annual Nathan's Hot Dog Eating Contest & defeated defending champion Takeru "Tsunami" Kobayashi, eating 66 hot dogs & buns in 12 minutes.

Wow!

'Nathan's Hot Dog Contest' Title Totals 12: Winning Streak For 8-Straight Years

Ever since the first-ever victory over Kobayashi in 2006, Joey Chestnut seems to be the dominating winner & has ruled out every competitors.

In total, as of 2019, he records 12 Nathan's Hot Dot Contest titles and ranks #1 in the world as per Major League Eating.

Joey Chestnut has won Nathan's Hot Dog Eating Contest for 12 times as of 2019
Joey Chestnut has won Nathan's Hot Dog Eating Contest for 12 times as of 2019

Source: ESPN

Until 2010, Chestunut & Kobayashi were the heated elements of the competition, even though, Joey was victorious every time.

But the Japanese competitive eater left in 2010, after contract dispute with Major League Eating, leaving Joey as the solo leader in the competition.

Brief Halt At 9th Consecutive Title: New Champion Matt Stonie Stayed A Year

After 8th Nathan's Hot Dog Contest title in 2014, every one were sure of Joey's victory in the 2015 as well, however, the year turned up quite different.

Matt Stonie, also of California alike Joey, won the 2015 eating competition, that resulted in the break of the winning series, halting Chestnut at 8-1; lost ever since after his 2006 breakthrough.

Though, the title for the Stonie stayed for only a year, as the American top-dog eater again claimed the Nathan's Hot Dog Contest in 2016, the 9th title, after eating 70 hotdogs.

Career Update:

In July 2019, Joey won the 12th title at Nathan's Hot Dog after eating 71 hotdogs.

While, in women's contest Miko Sudo, eating 31 hotdogs got her 6th consecutive title.

Hefty Prize Money: Reason Why People Are Crazy For 'Nathan's Hot Dog Contest'?

Not all the time, the fame & title wins are the reason that people crave for competitions. But also, a hefty sum of prize money inks eating competition in the wish-list.

As reported, the prize money for Nathan's Hot Dog Contest winner is $10,000. The payout lists are as follows:

  1. Winner: $10,000
  2. Runner-Up: $5,000
  3. Second Runner-Up: $2,500
  4. Fourth Place: $1,500
  5. Fifth Place: $1,000

Competitive Eating Earnings: It's $600,000

Joey Chestnut has proved him prominent with great performances in competitions like: World Waffle Eating Championship (2005), World Hamburger Eating Championship (2005), Wing Bowl XV (2007), First-Ever Pepto Bismol Bratwurst Eating Championship (2010), Toojay's Corned Beef Eating Competition (2012) and The Amazing Race 30 (2018).

With his signature, Nathan's Hot Dog Contest, Chestnut's pure money from the 12 titles is $120,000.

And guess, how much has he earned since 2005? Sources report that it's is in the range of $600,000.

Chestnut, an American competitor eater earns hefty sum through competition & sponsorships
Chestnut, an American competitor eater earns hefty sum through competition & sponsorships

Source: The Indianapolis Star

In 2019 only, the American competitive eater made a total of $26,000 through 5 event victories.

A top-competitive eater like Joey can easily sum up $250,000- $500,000 per year through prize money & sponsorship deals.

Fortune Aid Through Endorsements

It's not a new thing to learn famous figures getting intact with endorsing companies. And here is Joey's surprising appetite luring many companies, especially the food companies.

Well, he endorses Hooters (a restaurant), Hostess (bakery company) and Coney Island IPA (brewing company).

The American food freak also promotes medication brand Pepto Bismol; quite clever of the company, to be honest!

Moreover, the sales of condiments under his name including mustard, dipping sauce, coney sauce and hot sauce, aids up additional fortune benefit.

Residence In San Jose: Avoids Flashy Lifestyle

Imagining the life of a millionaire, the lavishness with flashy attires, expensive cars, mansions & luxury pops-up in the mind, though, seems Joey Chestnut is among who prefers simple living.

Currently, Joey owns a house in San Jose, California, but is yet to open up the details.

Well, anyone willing to buy property at once in San Jose, needs to be loaded with cash, as the median house price is $990,700.

Joey Chestnut's house in San Jose, CA
Joey Chestnut's house in San Jose, CA

Source: Virtual Globetrotting

He resides with his new girlfriend name Brie, after split with (now) former fiancee Neslie Ricasa in early 2015.

Joey Chestnut & his girlfriend Brie
Joey Chestnut resides with his girlfriend Brie

Source: Instagram @joey.chestnut

An avid user of Instagram & Twitter, with over 27.3K followers & 31.3K followers respectively, Joey is low-key about cars collection & other assets.

Most preferably, people drives Fords (base price of $29,0000) & Ram 1500 ($33,000) in San Jose, so it's likely the competitive eater may own such.

Hopefully, the details may come up soon.

Being A Competitive Eater Is Not A Piece Of Cake

Without a question, 'competitive eating' somehow defines the quote "Everything is easier said than done".

Eating such a massive quantity at once may give a hard time & even more, can lead to nausea, vomiting & choking. So, the participants are set to take-off only after lots of training.

Well, Joey Chestnut reportedly trains by fasting & stretches his stomach with water, milk & protein supplements. Aside from these, a core dedication gets him additional boost to success.

Is He Overweight?

Currently, aged 35, the 6 ft. 1 inch tall competitive eater maintains a healthy lifestyle.

Since 2005, Chestnut's weight varies around 102 kg to 109 kg; i.e. 225 lbs to 240 lbs.

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