Steve Kerr Net Worth: What Happened to His Father?

By Mohit Kamboj On May 30, 2022

Steve Kerr Net Worth: Stephen Douglas Kerr is the head coach of the Golden State Warriors of the National Basketball Association.

He is an American professional basketball coach and former player (NBA). Steve Kerr has won eight NBA championships, including five as a player. He was selected as Team USA’s head coach for the 2023–24 season.

In this article, we will explore the net worth of Steve Kerr.

Early Life and Education of Steve Kerr

Kerr was born on September 27, 1965, in Beirut, Lebanon. Malcolm H. Kerr, an American scholar who specialized in the Middle East, is his father, and Ann Kerr is his mother (Zwicker). He has three brothers and sisters Nick Kerr, Susan Kerr, Andrew Kerr, and John Kerr.

After the Armenian genocide, his grandpa, Stanley Kerr, volunteered with Near East Relief and saved women and orphans in Aleppo and Marash before settling in Beirut. Kerr grew up in Lebanon and other Middle Eastern nations for the majority of his life.

Kerr graduated from Cairo American College in Egypt, the American Community School in Beirut, Lebanon, and Palisades High School in Los Angeles (now Palisades Charter High School).

How Did Steve Kerr make his career in the NBA?

The Phoenix Suns selected Steve in the second round of the NBA draught in 1988. In 1989, he was dealt with the Cleveland Cavaliers. During his stint with the Chicago Bulls, he had the most remarkable success. He won three NBA Championships in a row with the Chicago Bulls throughout his career.

During their time together, his teammate Michael Jordan was notoriously harsh on Steve, going so far as to hit him during a workout. With the San Antonio Spurs, he won two more championships in 1999 and 2003.

Steve Kerr presently holds the NBA record for having the most accurate three-point shot. Kerr announced his retirement after the 2003 championship season. He was hired as a broadcast commentator for Turner Network Television right away (TNT).

He also worked as an NBA commentator for Yahoo! while working for TNT. He is the voice commentator for the NBA Live 06, NBA Live 07, NBA Live 08, NBA Live 09, and NBA Live 10 video games.

In 2011, he gave the color commentator’s voice for NBA 2K12. Starting in 2011, Kerr joined Jim Nantz and Clark Kellogg to broadcast the NCAA Men’s Division I Basketball Championship’s First Four and Final Four games for Turner Sports and CBS.

Kerr and a group of investors attempted to buy the Phoenix Suns for $300 million from owner Jerry Colangelo in 2004. Despite the fact that the purchase was never completed, Steve went on to become the team’s General Manager from 2007 to 2010.

Steve Kerr’s Net Worth

As of 2022, Steve Kerr has an estimated net worth of $35 million.

In 2014, he signed a five-year, $25 million contract with the Warriors to become their coach. This works out to $5 million per season. In July 2018, he agreed to a contract extension. The facts of the transaction were not disclosed, but it is thought that the salary was not much different.

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How much Money did Steve Kerr make from his NBA career?

Steve made a total of $15.8 million during his NBA career. That’s around $24 million in today’s money. His highest playing wage came in his final season with the San Antonio Spurs, when he received $2.625 million.

Steve Kerr’s House

Steve and Margo purchased a 4,000-square-foot property in San Francisco’s Presidio Heights district for $7.35 million in August 2018. They really paid $1.4 million more than the asking price.

What Happened to Steve Kerr’s father?

Steve Kerr’s father Malcolm Kerr, at the age of 52, was assassinated by members of the Shia Lebanese militia Islamic Jihad on January 18, 1984, while serving as president of the American University of Beirut.

Kerr was a freshman at the University of Arizona at the time, and he was 18 years old. In response to his father’s death, he stated: “My life was impenetrable before my father was killed. Other folks have had bad luck.”

In the hallway outside his office, he was shot twice in the back of the head by shooters with silenced handguns. Under the Antiterrorism and Effective Death Penalty Act of 1996, the Kerr family filed a lawsuit against the Iranian government.

Steve Kerr’s Private Life

Margot, Steve’s undergraduate sweetheart, was the love of his life. She adored him just as much as he adored her. Steve Kerr was a basketball player at the University of Arizona when he was younger.

One of his teammates, Bruce Fraser, set him up on a blind date with Margot. They got along well and started dating soon after. They had no idea that thirty years later, they would still be together.

Karen, Margot’s mother, liked Steve and gave him her blessing. Margot and Steve married in a private ceremony in Ohio with close friends and family on September 15, 1990.

The Kerr family has an interesting trait in that they do not forget their history. Fraser, the man who brought them together, is still linked to them. He works on Steve’s staff as an assistant player development coach for the Warriors.

Margot and her husband Steve have three children. Steve and Margot have three children: Nick, Madeleine, and Matthew. Two of their children share their father’s enthusiasm for sports. Nick was a member of the University of San Diego basketball team.

He then served as a coaching intern at Cal before joining the San Antonio Spurs coaching staff. Maddy (Madeline) was a member of the University of California, Berkeley volleyball team. However, little is known about Matthew.

Frequently Asked Questions

Who is Steve Kerr’s Wife?

Margot is Steve Kerr’s Wife.

What Does Stev Kerr Do for a Living?

Steve Kerr is the head coach of the Golden State Warriors.

How Many Children Does Steve Kerr Have?

Nick, Maddy, and Matthew are his three adorable children.