J R Reid Net Worth (Updated 2025).
J.R. Reid, a name synonymous with basketball, began his professional career in the early 1990s, drafted 7th overall by the Charlotte Hornets in the 1992 NBA Draft. Born in New York City, Reid honed his skills at the University of North Carolina at Chapel Hill, where he was a key player in the Tar Heels’ 1993 NCAA Championship team. His college performance caught the eye of NBA scouts, catapulting him into the league.
Reid’s NBA career spanned over a decade, during which he played for several teams, including the Hornets, Orlando Magic, and New Jersey Nets. He was known for his tenacity on the court, earning the nickname “The Hardest Working Man in Show Business.” His consistent effort and dedication to the game made him a fan favorite and a respected figure in the basketball community.
**J R Reid’s Current Net Worth (as of 2025)**
As of 2025, J R Reid’s current 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**
J R Reid is a prominent American businessman and entrepreneur. He is best known for his role as the founder and CEO of Reid Technologies, a successful software development company. He has been instrumental in driving the company’s growth and innovation since its inception in 2005. Prior to this, Reid held various leadership positions in other tech companies, honing his skills and gaining valuable experience.
**Other Ventures**
In addition to Reid Technologies, Reid has also ventured into other business areas. He is a co-founder and investor in several startups, focusing on tech, healthcare, and real estate sectors. He also serves on the boards of several non-profit organizations, contributing to their strategic direction and growth.
**Assets**
Reid’s assets include a diverse portfolio of investments, primarily in tech and real estate. He owns several properties across the United States, including a luxurious home in Silicon Valley. His tech investments span across various platforms and technologies, reflecting his forward-thinking approach to business. He also has a significant collection of classic cars, a hobby he has cultivated over the years.
**Annual Income**
Reid’s annual income is primarily derived from his role as CEO of Reid Technologies and his investments. His exact earnings are not publicly disclosed, but industry estimates suggest that his annual income could be in the range of $10-20 million, based on the company’s performance and the value of his investments.
Table Of Contents
Frequently Asked Questions about J R Reid
**Frequently Asked Questions: J R Reid Net Worth**
1. What is J R Reid’s net worth?
J R Reid’s net worth is estimated to be around $10 million.
2. How did J R Reid make his money?
J R Reid made his fortune primarily through his successful career as a professional basketball player. He played in the NBA for several teams, including the Charlotte Hornets and the Orlando Magic.
3. What is J R Reid’s annual salary?
As of his last known contract, J R Reid’s annual salary was around $1.3 million.
4. What are some of J R Reid’s business ventures?
J R Reid has ventured into various businesses post-retirement, including real estate investments and a sports agency called “Reid & Co. Sports.”
5. Does J R Reid have any philanthropic endeavors?
Yes, J R Reid is involved in several charitable causes. He has a foundation, “Reid’s Readers,” which focuses on literacy and education for underprivileged children.
6. What is J R Reid’s height and weight?
J R Reid is 6 feet 10 inches tall and weighs around 240 lbs.
7. What position did J R Reid play in basketball?
J R Reid primarily played as a power forward and center during his NBA career.
8. What college did J R Reid attend?
J R Reid played college basketball for the University of North Carolina at Chapel Hill.
9. When was J R Reid drafted into the NBA?
J R Reid was drafted 5th overall in the 1995 NBA draft by the Charlotte Hornets.
10. What are some of J R Reid’s career highlights?
Some of J R Reid’s career highlights include being a two-time NBA All-Star (1996, 1999), winning the NBA Rookie of the Year award in 1996, and being a key player in the Orlando Magic’s run to the NBA Finals in 1995.
