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Dave Bing: From Pro Basketball Player to Successful Entrepreneur – What’s His Net Worth Now? 

 February 12, 2023

Introduction

Basketball has been an inspiration to many people around the world. However, only a few players are successful both in and out of the court. Dave Bing is one such player who transitioned from a successful basketball career to entrepreneurism. Dave Bing is a successful businessman, entrepreneur, and politician. Bing played for the Detroit Pistons, Washington Bullets, and Boston Celtics for 12 seasons before retiring from basketball in 1978.

Early Life and Basketball Career

Dave Bing was born and raised in Washington D.C, where he attended Spingarn High School. Bing was an all-state basketball player in high school. After high school, he attended Syracuse University, where he played under coach Jim Boeheim. Bing was drafted second overall in the 1966 NBA Draft by the Detroit Pistons. Bing played for the Pistons, Washington Bullets, and Boston Celtics during his career.

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Bing’s Business Ventures

After retiring from basketball, Bing started a steel company, Bing Steel in Detroit, which he ran for over 20 years. In 1980, he founded Bing Manufacturing in Detroit, which produced automotive products, including parts for seat belts and airbags. He later founded The Bing Group, which manufactured automotive interior trim and other products.

Bing’s Real Estate Ventures

Dave Bing is also successful in real estate. He owns several commercial and residential properties in Detroit, including the Bing Apartments, a 76-unit residential complex.

Philanthropy and Community Work

Dave Bing has always been committed to giving back to the community. He started the Bing Youth Institute in 2009, which provides educational and job training programs for young people in Detroit. He also served as the mayor of Detroit from 2009 to 2013.

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Net Worth

Dave Bing’s net worth is estimated to be around $30 million.

Accolades and Awards

During his basketball career, Bing was a seven-time All-Star, won the NBA scoring championship in 1968, and was inducted into the Hall of Fame in 1990.

Bing’s Personal Life

Dave Bing has been married to his wife Yvette for over 50 years. They have two children, a son, and a daughter.

Conclusion

Dave Bing has shown that success can come in many forms, but the key is working hard and being committed to excellence. From his early life playing basketball to his successful business ventures, Bing has remained committed to his community and helping others.

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FAQs

Q1. What business ventures did Dave Bing start after retiring from basketball?
A1. Dave Bing founded Bing Steel, Bing Manufacturing, and The Bing Group.

Q2. What community work has Dave Bing done?
A2. He started the Bing Youth Institute, which provides educational and job training programs for young people in Detroit.

Q3. What was Dave Bing’s net worth?
A3. Dave Bing’s net worth is estimated to be around $30 million.

Q4. How many times was Dave Bing inducted into the Hall of Fame?
A4. Dave Bing was inducted into the Hall of Fame once in 1990.

Q5. How long has Dave Bing been married to his wife?
A5. Dave Bing has been married to his wife Yvette for over 50 years.

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