Bob Baffert is a horse trainer who has accumulated a net worth of $30 million. He is from California and started training horses when he was 16 years old.
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Bob Baffert Net Worth:
Bob Baffert is a successful American racehorse owner and trainer with a net worth of $30 million, earning the majority of his net worth from horse racing. During his long career, Baffert has won many awards and accolades, including seven Kentucky Derbies, seven Preakness Stakes, three Belmont Stakes, and three Kentucky Oaks. He is one of the richest trainers in the American racing world.
Bob Baffert Biography
Robert A. Baffert was born on January 13, 1953, in Nogales, Arizona, the United States. He has been a racehorse trainer for a while. He trained the Triple Crown winners in 2015 and 2018; American Pharoah and Justify, respectively. Baffert has won a lot of races with his horses. They have six Kentucky Derby victories, seven Preakness Stakes, three Belmont Stakes, and three Kentucky Oaks.
In 1997, 1998 and 1999, he was awarded the Eclipse Award and was voted the Big Sport of Turf. In 1997, Baffert became a member of the Lone Star Hall of Fame, and in 2007 he was inducted into Lone Star Park’s Hall of Fame. Silverbulletday Point Given was nominated in 2009 but was elected and appointed in 2010.
Baffert trains horses that have won 15 classic races, including four Dubai World Cups and the first Pegasus World Cup. His career includes nine wins in the Santa Anita Derby, nine times in the Haskell Invitational Handicap, and fourteen career victories at Del Mar. He won the race seven times in a row from 1996 to 2002, and from 2008, 2009, and 2011–2018. Three Kentucky Oaks: Silverbulletday in 1999, Plum Pretty in 2011, and Abel Tasman in 2017.
American horse racing trainer Bob Baffert has been embroiled in a number of controversies in recent years. Baffert’s drug abuse was caused by over-the-counter use of drugs like phenylbutazone. He’s been abusing painkillers, which are often used on horses. This has sparked controversy. Over 30 horses Baffert trained have failed drug tests. He’s been fined over $20,000, but his career earnings far exceed that figure. He’s a rule-breaker and usually accepts fines but fights suspensions.
In the year of 2021, one of the most famous incidents took place when one of his horses tested positive for betamethasone. Bob’s horse won the Kentucky Derby, but he sold it right after. Whenever there was a small amount of betamethasone detected, the competitor automatically received disqualification consequences. Baffert swore the horse was never dosed and that he would combat the “tooth and nail” problem. His argument was that he had not given any doses of betamethasone to any horses and that it was likely due to anti-inflammatory drugs.
Later, Bob seemed to back down. His lawyers released a public statement suggesting that the horses might have been given a cream containing betamethasone. It is clear that Baffert is not able to contradict the allegations that accuse him of being guilty. And his status in the horse-racing industry started to lag. Even longtime ally Donald Trump has spoken negatively about the incident, and the media has alluded to the whole story.
Bob Baffert was banned from racing horses for two years after a horse named Medina Spirit died during the 2001 Kentucky Derby. He was then barred from the New York Racing Association. The circumstance was exacerbated by an accompanying test failure of another of his horses, the Preakness Stakes winner. Medina Spirit was robbed of her victory at the Kentucky Derby because she tested positive for betamethasone in her system.
Ten years before Medina Spirit’s death, Baffert underwent one last difficult examination. Seven horses in a stable died between November 2011 and March 14, 2013. All of them suffered from an acute heart attack. During that period, 36% of all deaths caused by cardiac problems in California were horses trained by Bob Baffert.
California’s equine medical director found that thyroid hormone supplementation can cause heart problems in horses. Baffert had been taking medication for the past five years but concluded that it did not cause his heart attacks. As of press time, there have been no sanctions issued against Baffert.
Baffert has been married twice and has five children, four with his first wife, Sherry: Taylor, Canyon, Forest, and Savannah. He remarried in 2002, striking a deal with his former wife, Jill, who was a television reporter from Louisville. They had a child in 2004 and elected to name him Bode, preferring to honor freestyler Bode Miller. Baffert and his family live in southern California.
Bob survived a heart attack in late March 2012 while in Dubai during his world-class race at Meydan.
After winning the Belmont Stakes, Baffert announced that he and his wife, Jill, supported several charitable causes. He was paid $200,000 to sit behind Burger King on TV at the Belmont after refusing to do so for $150,000 at the previous legs.
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