![]() To be top 1% in 2023, a household needed a net worth of $13,666,778. The average household net worth in 2023 was $1,059,470. In 2023, $192,084 was the median household net worth in the United States. 25% of interviews were conducted in 2023. It comes from interviews mainly conducted in 2022. Note: This data comes from the Federal Reserve SCF, released October, 2023. The numbers in these sections are nominal – they are not adjusted for inflation (later sections are, however). That is, half of households in the United States have more net worth, and half less – average is biased by high net worth households dragging the average upwards. $192,084, respectively), median is the 'middle point' of wealth. Of these, median net worth is the most important statistic.Īlthough average net worth is higher than median (at $1,059,470 vs. ![]() Just as with household income, the most important net worth statistics are: Playoff-wise? Finch’s record is 3-8 (27.3%) in 11 career playoff games.Īnd in case you’re curious, Chris Finch is not married and does not have any children.4.4 Is household net worth gross or net? Net Worth Benchmarks in 2023 With those numbers, Finch is 137th all-time in wins and 89th in all-time in win percentage. In 222 career games, Finch’s regular season head coaching record is 117-105 (win percentage of 52.7%). Then, he spent the next decade as an assistant coach with four different teams before finally landing the Timberwolves gig in 2021. He got his first NBA gig in 2011 as an assistant on the Houston Rockets. Remember, Finch spent a lot of time overseas and in the G-League. We can’t say for sure, but it’s likely that most of Finch’s wealth has come from his coaching career. In 2023, Finch’s net worth is estimated to be around five million dollars. Finch shouldn’t be too far off that mark. Joe Mazzulla, another coach with no NBA playing experience who was signed to an extension after impressing early on, makes about 4.7 million dollars annually. So, what’s a reasonable estimate? Finch probably pulls in around four to five million dollars a year. ![]() So, his salary is under 7.25 million dollars per year, which is what the fifth-highest-paid coach in the NBA (Rick Carlisle) pockets annually. Finch isn’t one of the top five highest-paid coaches in the NBA. But we can make an educated guess about Finch’s yearly salary. The exact dollar amount on that contract? Not disclosed. But then, after he broke the Timberwolves’ 14-year playoff drought, they handed him a four-year extension. His first contract? It only lasted until the 2021-22 season. Finch was scooped up by the Timberwolves in the middle of the 2020-21 season. Let’s start with the contract and salary. Quite a climb, huh?īut you’re probably wondering, how much is he raking in now? Well, let’s dive into Finch’s salary, his net worth, and his coaching record. Fast forward a bit, and now he’s sitting pretty as the head coach of the Minnesota Timberwolves. So, Chris Finch, right? Spent over ten years coaching basketball overseas before he got his first taste of the G-League in 2009. ‣ Finch’s regular season head coaching record currently sits at 117-105 (win percentage of 52.7%) in 222 career games. ‣ Finch’s salary is estimated to be around four to five million dollars per year, and his net worth in 2023 is estimated to be around five million dollars. ‣ Chris Finch started his coaching career in the G-League in 2009 and is currently the head coach of the Minnesota Timberwolves.
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