Larry Nassar Net Worth (Updated 2026).
Larry Nassar, born in 1953, began his career as a sports medicine physician in the 1980s, initially working with the renowned gymnastics coach Don Peters. He gained recognition within the gymnastics community for his unique approach to treating athletes, which often involved manual therapy techniques.
Nassar’s fame grew significantly when he became the team doctor for the U.S. women’s national gymnastics team, a position he held from 1986 until his retirement in 2016. During this time, he worked closely with some of the sport’s most prominent figures, including Béla and Márta Károlyi, and traveled with the team to international competitions, including several Olympic Games.
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Larry Nassar’s Current Net Worth (2025)
As of 2025, Larry Nassar’s net worth is estimated to be $-1 million. This significant negative net worth is a result of the substantial fines and restitution orders imposed on him following his conviction for sexual abuse. His assets have been seized, and he is legally obligated to pay over $50,000 to each of his victims.
Larry Nassar’s Career
Larry Nassar was a former USA Gymnastics national team doctor. He worked with Olympic gymnasts, including members of the ‘Fierce Five’ and ‘Final Five’ teams. His career spanned over two decades, during which he gained a reputation as a trusted medical professional in the gymnastics community. However, his career was abruptly ended in 2016 when numerous gymnasts came forward with allegations of sexual abuse.
Other Ventures
Before his conviction, Larry Nassar did not have any significant other ventures outside of his medical practice. He was primarily known for his work as a gymnastics doctor. After his conviction, he has been incarcerated and has not had the opportunity to pursue any other ventures.
Assets
As of 2025, Larry Nassar’s assets have been significantly depleted. His Michigan home, where many of the abuses took place, was seized by the government and sold. He also had to forfeit his medical equipment and other personal property. His remaining assets are believed to be minimal and are subject to ongoing legal proceedings.
Annual Income
Before his conviction, Larry Nassar’s annual income was primarily derived from his work as a gymnastics doctor. His exact earnings are not publicly known, but it is believed that he made a comfortable living. Since his incarceration, he has not had an opportunity to earn an income. In fact, he is legally obligated to pay restitution to his victims, which will continue to deplete any funds he may have access to.
Frequently Asked Questions about Larry Nassar
**Frequently Asked Questions: Larry Nassar Net Worth**
1. What is Larry Nassar’s net worth?
Larry Nassar’s estimated net worth is -$1 million.
2. Why is Larry Nassar’s net worth negative?
Larry Nassar’s net worth is negative due to the millions of dollars in fines and restitution he has been ordered to pay to his victims, as well as the cost of his legal defense.
3. How many victims did Larry Nassar have?
Over 300 women and girls have come forward as victims of Larry Nassar’s sexual abuse.
4. What was Larry Nassar’s job that allowed him to abuse so many people?
Larry Nassar was a former USA Gymnastics national team doctor, which gave him access to young gymnasts and allowed him to abuse them under the guise of medical treatment.
5. What is Larry Nassar currently doing?
Larry Nassar is currently serving life sentences in prison without the possibility of parole after being convicted on multiple counts of criminal sexual conduct.
6. How long will Larry Nassar be in prison?
Larry Nassar will spend the rest of his life in prison, as he was sentenced to life without parole in 2018.
7. What was the total amount of money Larry Nassar was ordered to pay in restitution?
Larry Nassar was ordered to pay a total of $57,470.78 in restitution to his victims.
8. What other charges was Larry Nassar convicted of besides criminal sexual conduct?
Larry Nassar was also convicted of possessing and distributing child pornography.
9. How did Larry Nassar’s victims come forward?
Many of Larry Nassar’s victims came forward after reading a 2016 Indianapolis Star article about USA Gymnastics’ handling of sexual abuse allegations, which inspired them to share their own stories.
10. What can be done to prevent similar cases in the future?
Greater transparency, accountability, and oversight in sports organizations, as well as better education and training for athletes, coaches, and parents on the signs of abuse and how to report it, can help prevent similar cases in the future.
