Dave Bing, an iconic figure in both basketball and business, boasts an estimated net worth of $5 million. Bing’s impressive financial success stems from his multifaceted career, which began with a celebrated stint in the NBA before transitioning to entrepreneurship and public service. He is widely known for his time with the Detroit Pistons, where his exceptional skills on the court earned him recognition as one of the 50 Greatest Players in NBA History.
Following his retirement from professional basketball, Bing proved himself equally talented in business, founding Bing Steel and creating a successful empire in Detroit. Later, he took his leadership skills to public service, serving as the Mayor of Detroit from 2009 to 2013. Bing’s journey showcases not just wealth accumulation but a commitment to community, resilience, and excellence in every endeavor.
Dave Bing’s Childhood & Schooling
This successful man saw the world for the first time on November 24, 1943, in Washington DC. The basketball career of Dave Bing began with his education life. He studied at Syracuse University. During his university life, he was the pride of Syracuse University. During the tenure of his university career in basketball, he emerged as fifth in the nation in scoring. With his outstanding and impressive performance, he made the university also honored. He was the university’s first consensus All-American in 39 years of history. Dave achieved the title of All-America First Team. He was titled with the glory of the Syracuse Athlete of the Year.
| Profession: | Famous Basketball player, Politician & Businessman |
| Birth: | Nov 24, 1943, in Washington DC, USA |
| Full Name: | David Bing |
| Dave Bing’s Mother: | Juanita Bing |
| Dave Bing’s Father: | Hasker Bing |
| Wife: | Yvette Bing |
| College: | Syracuse University |
| Nationality: | United States of America |
| NBA Draft: | 1966,2 nd overall pick |
| NBA Teams: | Detroit Pistons, Washington Bullets, Boston Celtics |
| Career: | 1966-1978 (NBA) |
| NBA Achievements: |
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| Playing Position: | Guard |
| Post-NBA Career: | Businessman, Mayor of Detroit (2009-2013) |
| Age: | 79 years old |
| Height: | 6 ft 3 inch |
| Weight: | 84 kg |
The three years of his university career were dazzling. In three seasons, among the 76 games, he averaged 24.8 points and 10.3 rebounds, with 1883 total points and 786 total rebounds.
Dave Bing’s NBA Career
His professional career in the field of basketball is affluent, with many successes. That journey of his profession started from 1966 to 1978. During this tenure, he played for 12 seasons. With a reputation and impressive performance, he played with the Detroit Pistons, Washington Bullets, and Boston Celtics.
The tactics of playing Dave Bing were not as usual as the other. He played in the position of the playmaker, whose function is to distribute the ball to the shooter. Interesting is that being in this position, he did more shoots and more scores. Playing in this position, the other players were not able to show the same what he showed to the basketball-loving people and his team.
From 1966 to 1975, he spent most of the part of his career with the Detroit Pistons. In 1966, Detroit Pistons took him for the NBA draft 1966. Popular NBA players Isiah Thomas and Dave DeBusschere also played with this Detroit Pistons team. Getting the chance of exposing himself, he did not miss the chance. He showed his dazzling performance. During that time, he scored 1,601 points. He achieved the NBA Rookie of the Year, and his name was inducted into the NBA All-Rookie First Team. Dave proved how much potential he had. He continued his smooth performance in the next year, securing 2,142 points.
In the 1971-72 seasons, he played a total of 45 games. During his tenure with Piston, he played NBA all-star games in 1968, 1969, 1971, and 1973–1975. His name was inducted as All NBA’s first team in 1968 and in 1971.
In 1975-77 he started his next journey with the Washington Bullets. This tenure is also an important part of his career. He played here for two seasons. In 1976, he won the NBA All-Stars. He also achieved the game’s MVP Award playing with this team during this tenure.
The last journey of his career was with the Boston Celtics. During this tenure, he secured 13.6 points. In the 1977-1988 season, he ended his journey of a career with this club and declared his retirement.
Career Stats:
| Season | Team | Games Played | Points | Rebounds | Assists | Field Goal % | Free Throw % |
|---|---|---|---|---|---|---|---|
| 1966-67 | DET | 80 | 1,601 | 395 | 162 | .447 | .810 |
| 1967-68 | DET | 82 | 1,692 | 443 | 183 | .455 | .815 |
| 1968-69 | DET | 81 | 2,174 | 390 | 259 | .452 | .824 |
| 1969-70 | DET | 80 | 1,908 | 321 | 259 | .459 | .829 |
| 1970-71 | DET | 72 | 1,758 | 332 | 352 | .451 | .850 |
| 1971-72 | DET | 81 | 1,886 | 357 | 408 | .472 | .855 |
| 1972-73 | DET | 79 | 1,566 | 308 | 370 | .467 | .857 |
| 1973-74 | DET | 78 | 1,693 | 316 | 368 | .449 | .879 |
| 1974-75 | DET | 69 | 1,397 | 243 | 308 | .456 | .862 |
| 1975-76 | WSB | 80 | 1,606 | 231 | 295 | .465 | .879 |
| 1976-77 | WSB | 60 | 1,036 | 141 | 194 | .424 | .885 |
| 1977-78 | BOS | 78 | 828 | 129 | 182 | .417 | .834 |
| Career | 901 | 18,327 | 3,379 | 3,050 | .447 | .828 |
Post-Retirement Life
After retirement, he engaged himself in the business sphere. He established steel mills named Bing Steel. During his basketball career, he also succeeded in his business life. His steel company flourished with his dedication. He also succeeded in the contest for the mayor post of Detroit city. He was first elected as mayor in 2009, and again he was re-elected.
Achievement
The table of the achievement of Dave Bing is furnished with the flowers of the successes, recognitions, and awards. This prominent player was the NBA all-star and a member of the Hall of Fame seven times.
In the whole career of the NBA, he secured an average of 20.3 points, 6.0 assists, and 3.8 rebounds in 901 games over 12 NBA seasons, scoring 18,327 points with 5,397 assists. That led him to the uplift position in the field of the NBA.
Business Career
After retiring from an illustrious NBA career, Dave Bing ventured into the business world with significant success. He founded Bing Steel in 1980, which later became The Bing Group, a conglomerate involved in manufacturing, processing, and assembly for the automotive industry. This move was not just a post-retirement phase but a well-thought-out strategy to establish a significant presence in Detroit’s economic landscape. Under his leadership, the company expanded to employ several hundred people, becoming one of the top minority-owned businesses in the state. His entrepreneurial journey is marked by his commitment to revitalizing Detroit’s industrial sector, leveraging his sports fame and leadership skills to foster community development and job creation.
Early Political Involvement and Activism
Dave Bing’s transition from business to politics was driven by his deep commitment to the city of Detroit. Before becoming mayor, Bing was actively involved in various civic causes and used his platform to address and support urban redevelopment initiatives. His entry into politics was marked by his election as the Mayor of Detroit in 2009 during a critical period marked by economic challenges and a public trust crisis. Bing’s political career was characterized by his efforts to stabilize the city’s finances, improve public safety, and instigate structural city government reforms. His approach combined practical business acumen with a strong sense of moral responsibility, aiming to restore integrity and effectiveness to Detroit’s administration. His tenure also highlighted significant community engagement and efforts to address long-standing urban issues.
Dave Bing’s Height and Age
The age of this eminent person is 78 years. His height is 6 feet 3 inches.
Spouse and Children
His wife’s name is Yvette Bing. Dave Bing sat for marriage twice in life. Like changing the clubs, he changed his life partners. However, the conjugal life of Dave Bing gifted him three children. They are Aleisha, Bridgett Bing, and Cassaundra.
In his personal life, Dave is a great and philanthropic man. During his mayorship, he donated several years of income to the charity fund. Like his greatness in the field of basketball, he is also great out of the field.
Dave Bing’s Career Earnings Chart
| Total Net Worth in 2025: | $5 Million |
| Per Year: | $ 4,00,000 |
| Per Month Earnings: | $ 32,000 |
| Per Day Earnings: | $1,140 |
| Per Minute Earnings: | $20 |
| Source of Income: | NBA, Media, Business, Politics |
| Spending at: | Cars, Family, Donation, Residence |
Dave Bing’s Net Worth This Year
The net worth of this successful man is $5 Million. His salary as mayor of Detroit was $158 thousand per year. The most wealth is from his professional career, achievements, and endorsements and the rest is from his business and salary.
Conclusion
Dave Bing’s remarkable journey from a successful NBA career to a thriving business venture and later to a respected political figure showcases his versatility and dedication. His impact goes beyond the basketball court, reaching into the business world and public service, where he has continuously strived to make a difference in society. With a net worth reflecting years of hard work and accomplishments in different spheres of life, Dave Bing remains a figure of inspiration and leadership.
Frequently Asked Questions
1. What is Dave Bing’s estimated net worth?
Dave Bing’s net worth is estimated to be around $5 million, largely accumulated through his careers in the NBA, business, and public service.
2. What business did Dave Bing start after his NBA career?
Dave Bing started Bing Steel, a successful steel processing company, which later expanded into the Bing Group, encompassing various industries.
3. What role did Dave Bing serve in politics?
Dave Bing served as the Mayor of Detroit from 2009 to 2013, during a challenging period for the city.
4. Is Dave Bing involved in philanthropy?
Yes, Dave Bing has been involved in several philanthropic initiatives, especially focusing on youth development and improving Detroit’s socio-economic conditions.
5. What are Dave Bing’s notable achievements in the NBA?
Dave Bing was an NBA All-Star multiple times and was inducted into the Basketball Hall of Fame for his outstanding contributions to the game.
Over the past five years, Rick C. Nees has written hundreds of NBA players' biographies, some of which have already been published in famous newspapers. He previously worked as- Commentator, Basketball Analyst, Basketball Player, Newspaper Sports Editor, Radio sports presenter. Rick grew up watching basketball leagues. He was a state-level high school basketball player who followed all NBA events since he was a child.
