Tara Lipinski’s net worth and salary are unknown. Tara Lipinski is a $25 million dollar American Olympic figure skater and commentator. She won every competition she entered during her professional career, including the 1998 Olympic title, the 1997 World title, two Champions Series Final titles, and the 1997 United States national title. Tara Lipinski was the youngest skater to ever win a US Nationals title until 2019.
Tara Lipinski was born on June 10, 1982 in Philadelphia, Pennsylvania. Tara’s father, Jack Lipinski, amassed a fortune as the CEO of CVR Energy, a multibillion-dollar oil and gas conglomerate. Jack worked for the company for sixteen years, the last twelve as CEO.
When Lipinski was two years old and watching the 1984 Summer Olympics, she pretended to be a gold medalist by standing on a Tupperware container. Lipinski was raised in New Jersey and began roller skating before entering kindergarten. She competed a few years later and eventually won the primary girls freestyle at the 1991 United States Roller Skating Championships. She switched to figure skating at the age of nine and began lessons at the University of Delaware. The family relocated to Texas in 1991 as a result of her father’s job promotion. Lipinski and her mother returned to the East two years later to resume her training, while her father remained in Texas to support the family. Lipinski and her mother relocated to Bloomfield, Michigan, the following year to train with Richard Callaghan at the Detroit Skating Club.
Between 1994 and 1995, she earned numerous podium finishes at various figure skating competitions, frequently becoming the youngest figure skater to do so. With the assistance of renowned trainer Callaghan, she developed into an even more formidable force on the ice, and was soon the youngest person to win both the United States and World Championships, in 1997, at the age of 14. Additionally, she won the tidal event at the United States Nationals with her signature triple loop-triple loop combo. During the 1996-1997 season, she defeated future Olympian Michelle Kwan in the Champion Series final for the gold medal.
By the start of the 1997-1998 season, Lipinski had grown two inches and reached the age of fifteen. Her Russian ballet teacher Marina Sheffer encouraged her to choose film scores for both her short program and free skate. The American press was hyping the Kwan-Lipinski rivalry at the time. Kwan defeated Lipinski for the first time in three competitions at Skate America and went on to win the gold medal, with Lipinski finishing in second place. Lipinski finished second to Kwan in the 1998 United States Figure Skating Championships due to a fall while attempting a triple flip during her short program. Lipinski and Kwan both entered the Olympics as heavy favorites to win gold.
Kwan won the short program at the Olympics in Nagano, Japan, while Lipinski finished second. Lipinski executed seven triples and her trademark triple loop-triple loop flawlessly throughout her lengthy program, as well as a closing triple toe-half loop-triple Salchow with a clean landing. Lipinski earned scores of 5.8 and 5.9 to win the gold medal, making her the youngest Olympic figure skating gold medalist in history and the sixth American woman to do so.
Lipinski turned professional almost immediately after her big win, initially withdrawing from the 1998 World Figure Skating Championships due to an infection that caused constant fatigue. On the “Today Show,” she announced her shocking decision to turn professional, effectively ending her eligibility to compete in future Olympics. She cited a desire to reconcile her family, which had been torn apart by her competitive career and her future desire to attend college. Lipinski drew criticism from the skating community for withdrawing from competitions, with some claiming she “took the easy way out.” She was reportedly treated unfairly following her decision by the entire figure skating community.
Lipinski signed a deal with CBS to perform in skating shows and non-sanctioned competitions while also acting. She has appeared in over 300 live performances and on CBS’s “Ice Wars.” She produced and starred in “Tara Lipinski: From This Moment On,” a two-hour special. Lipinski joined the cast of “Stars on Ice” and toured over 90 cities throughout the United States. She returned to “Stars on Ice” for a second season in 1999. She also appeared on the soap opera “The Young and the Restless” and on Fox Family Network and Nickelodeon television shows. Later that year, Lipinski became the youngest skater to win the World Professional Figure Skating Championships, with her free skating program featuring a triple flip, a triple toe loop, and a triple salchow. In 2000, at the age of 18, she underwent hip surgery for a misdiagnosed torn labrum that had left her in severe joint pain. In 2002, she toured 61 cities across the United States with “Stars on Ice” before retiring from the ice entirely that year.
She now works as a commentator for Universal Sports and for a variety of charitable organizations. Tara and fellow former Olympian Johnny Weir served as the primary commentators for the 2014 Sochi Olympics and the 2018 PyeongChang Olympics. Additionally, the pair serves as “fashion and lifestyle experts” at each year’s Kentucky Derby and as “cultural correspondents” at the summer Olympics.
Tara became engaged to television producer Todd Kapostasy in 2015. They married in June 2017 in Charleston, South Carolina. Their oceanfront mansion in Kiawah, South Carolina, is estimated to be worth $11 million.
Tara also owns a $2.85 million home in Santa Monica, California, which she purchased in 2005. Today, the home is estimated to be worth $5 million.
Tara closed on a home in Los Angeles’ Pacific Palisades neighborhood in June 2021. The acquisition cost $8.4 million.
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