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HOW HULK HOGAN SQUANDERED HIS FORTUNE DURING GLORY DAYS

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Former wrestling star Hulk Hogan has revealed he blew ‘hundreds of millions’ on a lavish lifestyle during his glory years. The 58-year-old admitted he was now living in a rented home having slashed the price of his Florida mansion by $16m in a bid to get it off the market.
The WWE champion and actor talked candidly about his financial situation on Good Morning America just a day after it was revealed that he has slashed the price of his Florida home in a bid to sell it quickly.
‘There are houses being bought, and cars being bought, and vacations for family members,’ he said.
‘There was eight, nine, $10 million, $11 million going out, so it got way off,’ he said.
Asked about the state of his finances in the televised interview he said he was ‘living in a rental house’ but that he was ‘living in abundance.’
‘I’m happy now… I’m just so grateful,’ he said.
Hogan spoke out as he promoted his new TV show featuring dwarves wrestling and called: Hulk Hogan’s Micro Championship Wrestling.
Just yesterday it was revealed that the 58-year-old muscle man just reduced the price of the huge home to just $8.85m – the fourth reduction in price since the home was originally listed back in 2006 at $25m.
And it seems he’s not above using his celebrity status to help unload the 17,000sq ft Mediterranean-style mansion, which has five bedrooms and 8 bathrooms, and sits on the scenic Gulf of Mexico, in Clearwater.
The description on Realtor.com reads: ‘Located on an exclusive tree lined street in the residential Town of Belleair, this exquisite residence is owned by television personality Hulk Hogan.’
The two story home, which was built in 1996, features a gym and spa, five-car garage and a pool with a two-tier waterfall.
The Tudor style property also boasts vaulted beamed ceilings and dark hardwood or tiled floor throughout as well as expansive living areas and lush gardens.

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