The Economic Times

In the 1970s, Arnold Schwarzenegger made his first millions in real estate, before Hollywood turned him into an action star

In the 1970s, Arnold Schwarzenegger made his first millions in real estate, before Hollywood turned him into an action star. The actor and former California governor said real estate, rather than bodybuilding or movies, helped him become a millionaire. He recalled buying a six-unit apartment building for $240,000, putting $27,500 down and selling it two years later for $400,000. Today, investors have other ways to enter real estate.