Karl Towns Net Worth (Updated 2025).
Karl Towns Jr., born on December 15, 1995, began his basketball journey in the suburbs of New Jersey. Growing up, he was heavily influenced by his father, Karl Sr., a former college basketball player, who instilled in him a deep love and passion for the sport. Towns honed his skills at Metuchen High School, where he quickly became a standout player, earning multiple accolades including Mr. New Jersey Basketball and being named a McDonald’s All-American.
Following his high school career, Towns made a significant leap to the collegiate level, joining the University of Kentucky Wildcats. In his freshman year, he played a pivotal role in the team’s run to the Final Four of the NCAA Tournament, averaging a double-double with 10.3 points and 10.0 rebounds per game. His impressive performance earned him the Southeastern Conference (SEC) Freshman of the Year award and a spot on the SEC All-Freshman Team.
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Karl Towns’ Current Net Worth (2025)
As of 2025, Karl Towns’ current net worth is estimated to be around $30 million, according to the latest available information.
Career
Karl-Anthony Towns, born on November 15, 1995, is an American professional basketball player. He was drafted first overall by the Minnesota Timberwolves in the 2015 NBA draft. Towns has been an NBA All-Star three times and has been named to the NBA All-NBA Team twice. He is known for his exceptional skills as a power forward and center.
Other Ventures
Off the court, Towns is involved in various philanthropic efforts. He has partnered with the Mayo Clinic to raise awareness about type 1 diabetes, a cause close to his heart. He also started the Karl-Anthony Towns Foundation to support education and community initiatives. Additionally, Towns has invested in real estate, including a luxury home in Minnesota.
Assets
Karl Towns’ assets include his primary residence in Minnesota, valued at around $2 million, and several luxury cars, such as a Mercedes-Benz G-Wagon and a Rolls-Royce Ghost, worth approximately $300,000 combined. He also owns a private jet, estimated to be worth around $50 million.
Annual Income
As of 2025, Karl Towns’ annual income is estimated to be around $25 million. This includes his salary from the Minnesota Timberwolves, endorsement deals with companies like Nike, and other business ventures. His annual income has seen a steady increase over the years, reflecting his growing success in the NBA and beyond.
Frequently Asked Questions about Karl Towns
1. What is Karl Towns’ net worth?
Karl Towns’ net worth is estimated to be around $20 million.
2. How old is Karl Towns?
Karl Towns was born on December 15, 1995, making him 26 years old.
3. What is Karl Towns’ height and weight?
Karl Towns is 7 feet (2.13 m) tall and weighs around 250 pounds (113 kg).
4. Where was Karl Towns born and raised?
Karl Towns was born and raised in Metairie, Louisiana.
5. Who are Karl Towns’ parents?
Karl Towns’ parents are Karl Towns Sr. and Brianna Towns.
6. What is Karl Towns’ college background?
Karl Towns played college basketball for the University of Kentucky from 2014 to 2015.
7. What is Karl Towns’ NBA draft history?
Karl Towns was drafted first overall by the Minnesota Timberwolves in the 2015 NBA draft.
8. What positions does Karl Towns play?
Karl Towns primarily plays as a center in the NBA.
9. What teams has Karl Towns played for in the NBA?
Karl Towns has played for the Minnesota Timberwolves and the Cleveland Cavaliers in the NBA.
10. What is Karl Towns’ salary in the 2021-2022 NBA season?
Karl Towns’ salary for the 2021-2022 NBA season is $31.6 million.
