He started more than 34,000 races, winning 6,289. The winningest jockey in history is Velaquez, who earned $436,197,933 in his long career. Like other gig workers, jockeys often have to pay for their own saddles, helmets and boots to ride, too.ĭiscover: All You Need To Know About the Economy and Your MoneyĬertainly the top jockeys do quite well.
The percentages that a jockey will receive can range from 0.5% for a third-place finish to perhaps 6%-10% for a win. The real money for jockeys comes from prize money, if they can ride a horse to finish first, second or third in a race and earn part of the purse. Rather than a salary, a jockey will earn a “mounting fee” (often $25-$100) for each race, riding sometimes eight races per day.ĭid You Know: How Rich are Michael Jordan, Alex Rodriguez And 13 More Incredibly Wealthy Retired Athletes? Jockeys are some of the original “gig workers,” because they work as independent contractors. Many jockeys can enhance that with sponsorships, such as from betting companies. That’s a huge payday in a sport where an average year’s earning can be $30,000-$40,000, according to Career Trend. Also Read: Learn In Detail About Butler University Head Coach Thad Matta Is Irad Ortiz Jr. Thus, looking at his earnings, Irad Ortiz Jr.’s net worth must be in the millions.
IRAD ORTIZ NET WORTH PROFESSIONAL
He has also accumulated several awards in his professional career. A winning jockey will take 10% of the horse’s purse at the Kentucky Derby, so $186,000 for this year’s Derby winner, John Velazquez (although this could change depending on the current investigation). As per Equibase, Irad has made career earnings of 239,602,801 and has 16,065 starts. Learn More: The Biggest Sports Contracts Everīut not enough attention is given to the jockey, the person who travels the whole way with the horses. Those marquee races are known for their rich purses - the 2021 Kentucky Derby’s purse was $3 million, with $1.86 million going to the winner, Medina Spirit, although that is currently under investigation.įind Out: The Richest Athletes in the World May and June are the highest-profile months for horse racing in the United States with the running of the Triple Crown races: the Kentucky Derby, Preakness Stakes and Belmont Stakes.
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