What Is Joey Chestnut’s Net Worth?

Joey Chestnut is an American legend. He has been dominating on the Fourth of July for over a decade as he seems to win the Nathan’s Hot Dog Eating Contest year after year after year. Because Chestnut has been so successful in his competitive eating career, he has actually earned a good amount of money in his life. So, what is Joey Chestnut’s net worth?

Joey Chestnut has dominated the Nathan’s Hot Dog Eating Contest

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Many consider Chestnut to be the greatest competitive eater in the history of competitive eating. His career resume can back that claim up too. 

Takeru Kobayashi won the Nathan’s Hot Dog Eating Contest six straight years from 2001 through 2006, eating as many as 53.75 hot dogs in one contest, according to the contest’s site. However, Chestnut won the contest for the first time in 2007 and shattered Kobayashi’s mark, eating 66 hot dogs.

Chestnut then went on a run of dominance as he won the event eight years in a row through 2014. He ate as many as 69 hot dogs during that stretch.

However, Matthew Stonie won the competition in 2015 with 62 hot dogs. Chestnut got his title back, though, when he won it in 2016 with 70 hot dogs. He has now won the competition every year since, winning 13 total, and eating a world record 75 hot dogs in 10 minutes in 2020.

Chestnut is not just good at eating hot dogs, though. He holds many other records such as 182 chicken wings in 30 minutes and 45 pulled pork sandwiches in 10 minutes, per Major League Eating. He also holds more competitive eating records than any other competitor in history, according to Chestnut’s website.

Joey Chestnut has a nice net worth

Joey Chestnut is the best competitive eater to ever live. After winning 12 Nathan's Hot Dog Eating Contests, what is Chestnut's net worth?
Joey Chestnut in the 2019 Nathan’s Famous International Hot Dog Eating Contest at Coney Island.| Atilgan Ozdil/Anadolu Agency/Getty Images

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While Chestnut is a dominant eater, he doesn’t just do it for the fun of it. He makes some decent cash. Sporting News reported that the winner of the Nathan’s Hot Dog Eating Contest gets $10,000 each year.

So, since Chestnut has won the event 13 times, he has most likely made around $130,000, if the prize money has stayed at $10,000 every year. This also doesn’t include any of his second and third-place finishes, as the top five contestants win cash prizes. Chestnut has, of course, won many other events throughout his career, too, which have also had their own prize money awards.

Additionally, the pro eater has several endorsements, according to Sporting News, and has his own line of condiments for hot dogs, brats, sausages, wings, and sandwiches. 

So, because of all of this, Chestnut is worth an estimated $2 million, according to Celebrity Net Worth

His eating talents have certainly paid off. 

He ate 90 pounds of hot dogs during quarantine

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Typically, Chestnut competes in several events throughout the year, but COVID-19 limited the amount of competing he was able to do in 2020.

That, however, didn’t slow him down.

Chestnut told the New York Post that Nathan’s shipped him out 90 pounds of hot dogs during quarantine and that he definitely ate 90 pounds. “They’re gone. I had to buy some more on my own.”

Some of his performances during his practices, though, were not quite where he wanted them.

“Some of my practices were really, really bad, just because I was lacking intensity. This year’s numbers have been fluctuating a little bit heavy, but these last couple weeks I’ve been doing pretty good,” Chestnut said to the New York Post. “My big goal is that the day of the contest, I can suck in my stomach and visualize, literally: There’s room in there. It’s not about feeling I’m empty. I know I’m empty.”

The 2021 Nathan’s Hot Dog Eating Contest will return to Coney Island this year. Fans will also be in attendance. The 2020 contest took place in a private location and in front of no fans due to COVID-19.

The women’s contest begins at 11:30 a.m. Eastern Time on ESPN3, while the men’s contest kicks off afterward at noon on ESPN.