Bela Karolyi, a gymnastics coach from Romania, has a net worth of $10 million.
Bela Karolyi, who competed as a junior boxing champion and an Olympic hammer thrower, was born in Kolosvar, Hungary, now located in Cluj-Napoca, Romania.
After enrolling in gymnastics courses at the Romanian College of Physical Education, he encountered his future spouse, Marta, who was also a competitive athlete.
The pair started teaching gymnastics at a nearby elementary school.
They were later asked to open a national school. In 1976, after extensive lobbying by the government, Mr. Hr. agreed to proceed with the opening of the school.
The opportunity to coach the Romanian National Team for the Montreal Olympics was presented to Karolyi and his wife.
Nadia Comaneci, a Romanian gymnast who had been training with the Karolyis since the age of six, would achieve a perfect 10 in gymnastics.
The Karolyis moved to the United States in 1981 and established a gymnastics dynasty.
Marta Karolyi, his wife, is now the primary Head of Training for Olympic gymnasts and is widely regarded as a more humane yet equally successful coach.