Dave Bingham has an estimated net worth of $5 million
About Dave Bingham
Dave Bing, born on November 24, 1943, in Washington, D.C., USA, is a former professional basketball player known for his role as a point guard in the NBA for the Detroit Pistons, Washington Bullets, and Boston Celtics. Bing’s career highlights include being selected to seven All-Star games, attaining NBA Rookie of the Year (1967), and leading the NBA in scoring (1968). He was also a two-time All-NBA First Team member (1968 and 1971), with his playing career spanning from 1966 to 1978. Additionally, he served as the Mayor of Detroit from 2009 to 2013.
As of early 2017, Dave Bing’s net worth is estimated to be $5 million, accumulated through his basketball career, business ventures such as owning Bing Steel, and his political endeavors.
Dave Bing’s Net Worth: $5 Million
Despite experiencing a severe eye injury during his childhood, Bing excelled in baseball and basketball at Spingarn High School, establishing himself as one of the top players in the country.
Attending Syracuse University from 1963 to 1966, Bing was an exceptional basketball player, finishing fifth in scoring in the US and being honored as the Syracuse Athlete of the Year during his senior year. He was drafted as the second overall pick by the Detroit Pistons in the 1966 NBA Draft, subsequently winning the NBA Rookie of the Year Award after averaging 20 points per game. He continued to achieve success, culminating in his induction into the Naismith Memorial Basketball Hall of Fame in 1990.
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In 1980, Dave established his own business, Bing Steel. After facing initial financial challenges, the company flourished, making over $4 million in profit within two years and expanding to 63 employees with a revenue of $40 million before its eventual sale in 2009.
In October 2008, Bing announced his candidacy for the Mayor of Detroit, ultimately being elected and serving in that role from 2009 to 2013, despite the city’s subsequent declaration of bankruptcy.
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On the personal front, Dave Bing has been married twice, with his current wife being Yvette. He is a father of two children.
