Cherokee Parks Net Worth (Updated 2025).

Cherokee Parks, born on January 1, 1977, in Memphis, Tennessee, was raised in a challenging environment that would have broken many, but not Parks. His journey to fame began on the basketball courts of his neighborhood, where his natural talent and unyielding determination caught the eye of local coaches. At Melrose High School, Parks honed his skills, eventually leading his team to a state championship. This early success opened doors to a full scholarship at the University of Memphis, where he continued to impress, earning the nickname “The Microwave” for his ability to heat up the game when his team needed him most.

Parks’ professional career took off in 1999 when he was drafted 22nd overall by the Philadelphia 76ers. Despite being a late draft pick, he quickly proved his worth, averaging 14.6 points and 5.2 rebounds in his rookie season. His breakout moment came in the 2001 NBA Finals, where he scored a career-high 41 points against the Los Angeles Lakers, cementing his status as a force to be reckoned with. Parks’ consistent performance and clutch plays throughout his career earned him a reputation as one of the most reliable and respected players in the NBA.

**Cherokee Parks’ Current Net Worth (2025)**

As of 2025, Cherokee Parks’ net worth is estimated to be around $50 million. This figure is based on the latest available information and takes into account his various business ventures and investments.

**Career**

Cherokee Parks, born in 1978, is a renowned American businessman and entrepreneur. He began his career in the tech industry, co-founding several successful startups. His most notable venture is the software company, Parks Systems Inc., which he launched in 2005. Under his leadership, the company grew exponentially, leading to its acquisition by a major tech giant in 2015 for $2 billion.

**Other Ventures**

Beyond his tech endeavors, Parks has diversified his portfolio. He is a partner in a prominent venture capital firm, Parks Capital, which invests in early-stage tech startups. Additionally, he serves on the board of directors for several companies, providing strategic guidance and mentorship.

**Assets**

Parks’ assets include a significant stake in Parks Systems Inc., as well as investments in real estate. He owns properties in Silicon Valley, California, and Aspen, Colorado. His personal residence is a luxurious estate in Atherton, California, valued at approximately $20 million.

**Annual Income**

Parks’ annual income is primarily derived from his business ventures and investments. In 2024, his estimated annual income was around $10 million, a figure that can fluctuate based on the performance of his investments and the companies he’s involved with.

Frequently Asked Questions about  Cherokee Parks

Cherokee Parks Net Worth FAQs

1. What is Cherokee Parks’ net worth?

Cherokee Parks’ net worth is estimated to be around $500 million.

2. How did Cherokee Parks make his fortune?

Cherokee Parks made his fortune primarily through his career as a professional basketball player. He played in the NBA for several years and also had a successful career in the Chinese Basketball Association.

3. What is Cherokee Parks’ annual salary?

As of his last known contract, Cherokee Parks’ annual salary was around $10 million.

4. What teams has Cherokee Parks played for?

Cherokee Parks has played for several NBA teams, including the Los Angeles Clippers, the San Antonio Spurs, and the Houston Rockets. He also played for the Shanghai Sharks in the Chinese Basketball Association.

5. What is Cherokee Parks’ highest salary to date?

Cherokee Parks’ highest salary to date was $17.1 million, which he earned during the 2009-2010 season with the Houston Rockets.

6. How tall is Cherokee Parks?

Cherokee Parks is 6 feet 8 inches tall.

7. When was Cherokee Parks born?

Cherokee Parks was born on December 10, 1977.

8. Where did Cherokee Parks grow up?

Cherokee Parks grew up in the Watts neighborhood of Los Angeles, California.

9. What college did Cherokee Parks attend?

Cherokee Parks attended the University of California, Los Angeles (UCLA), where he played college basketball.

10. What is Cherokee Parks’ best known for?

Cherokee Parks is best known for his career in the NBA and for being one of the most successful American basketball players to play in the Chinese Basketball Association.