Editing Arnold Schwarzenegger (section)

=== Investments ===
Schwarzenegger transferred profits from the mail-order business and his bodybuilding-competition winnings by rolling the proceeds into his first real estate investment: an apartment building he purchased for $10,000. Schwarzenegger made millions of dollars by investing in a variety of real estate holding companies both within the United States and around the world.<ref>{{Cite news |last=Williams |first=Lance |date=August 10, 2003 |title=Schwarzenegger reveals pumped-up finances |url=http://www.sfgate.com/cgi-bin/article.cgi?f=/chronicle/archive/2003/08/10/ARNOLD.TMP |url-status=live |archive-url=https://web.archive.org/web/20080318192048/http://www.sfgate.com/cgi-bin/article.cgi?f=%2Fchronicle%2Farchive%2F2003%2F08%2F10%2FARNOLD.TMP |archive-date=March 18, 2008 |access-date=April 18, 2008 |work=San Francisco Chronicle}}</ref><ref>{{Cite web |last=Fleschner |first=Malcolm |title=The Best Salesman in America? |url=https://www.sellingpower.com/2010/02/02/6660/the-best-salesman-in-america |archive-url=https://web.archive.org/web/20080224112746/http://www.sellingpower.com/article/display.asp?aid=SP4182687 |archive-date=February 24, 2008 |access-date=December 29, 2021 |publisher=Selling Power}}</ref> Schwarzenegger and fellow Hollywood veteran actor and industry adversary [[Sylvester Stallone]] [[Burying the hatchet|brought their long-storied industry rivalry to an end]] by both investing in the [[Planet Hollywood]]<ref name="Pearson-2017">{{Cite web |last=Pearson |first=Ben |date=October 9, 2017 |title=Schwarzenegger Orchestrated a Legendary Hollywood Troll |url=https://www.slashfilm.com/arnold-schwarzenegger-beyond-fest/ |url-status=live |archive-url=https://web.archive.org/web/20200727050548/https://www.slashfilm.com/arnold-schwarzenegger-beyond-fest/ |archive-date=July 27, 2020 |access-date=July 27, 2020 |website=/Film |language=en-US}}</ref> chain of international theme restaurants (modeled after the [[Hard Rock Cafe]]) along with [[Bruce Willis]] and [[Demi Moore]]. However, Schwarzenegger severed his financial ties with the chain in early 2000.<ref name="Arnie-2000">{{Cite news |date=January 26, 2000 |title=Arnie's Planet Hollywood split |url=http://news.bbc.co.uk/2/hi/entertainment/619317.stm |url-status=live |archive-url=https://web.archive.org/web/20120531075351/http://news.bbc.co.uk/2/hi/entertainment/619317.stm |archive-date=May 31, 2012 |access-date=April 1, 2012 |publisher=[[BBC]]}}</ref><ref>{{Cite news |last=Lieberman |first=Paul |date=January 26, 2000 |title=It's Hasta la Vista, Planet Hollywood |url=https://www.latimes.com/archives/la-xpm-2000-jan-26-fi-57832-story.html |url-status=live |archive-url=https://web.archive.org/web/20120514174355/http://articles.latimes.com/2000/jan/26/business/fi-57832 |archive-date=May 14, 2012 |access-date=April 1, 2012 |work=[[Los Angeles Times]]}}</ref> Schwarzenegger remarked that the restaurant did not achieve the success that he had hoped for, claiming he wanted to focus his attention on "new US global business ventures" and his then-burgeoning acting career.<ref name="Arnie-2000" />

Schwarzenegger also made a private commercial real estate investment in the [[Easton Town Center]], a shopping mall based in [[Columbus, Ohio]].<ref>{{Cite news |last1=Cieply |first1=Michael |last2=Cohn |first2=Gary |last3=Eller |first3=Claudia |last4=Vincent |first4=Roger |date=August 10, 2003 |title=Schwarzenegger Built a Vast Business Empire |url=https://www.latimes.com/archives/la-xpm-2003-aug-10-me-arnoldbiz10-story.html |url-status=live |archive-url=https://web.archive.org/web/20230223073105/https://www.latimes.com/archives/la-xpm-2003-aug-10-me-arnoldbiz10-story.html |archive-date=February 23, 2023 |access-date=February 22, 2023 |work=Los Angeles Times}}</ref> He has talked about some of the mentors who have helped him over the years in business: "I couldn't have learned about business without a parade of teachers guiding me... from [[Milton Friedman]] to [[Donald Trump]]... and now, [[Les Wexner]] and [[Warren Buffett]]. I even learned a thing or two from Planet Hollywood, such as when to get out! And I did!"<ref name="Schwarzenegger-2001" /> He has significant equity ownership in [[Dimensional Fund Advisors]], an Austin-based investment firm.<ref>{{Cite news |last=Weinraub |first=Bernard |date=August 17, 2003 |title=Schwarzenegger's Next Goal On Dogged, Ambitious Path |url=https://www.nytimes.com/2003/08/17/us/schwarzenegger-s-next-goal-on-dogged-ambitious-path.html |url-status=live |archive-url=https://web.archive.org/web/20080530084234/http://query.nytimes.com/gst/fullpage.html?res=9B06E5D81230F934A2575BC0A9659C8B63 |archive-date=May 30, 2008 |access-date=April 18, 2008 |work=The New York Times}}</ref> Schwarzenegger is also the owner of Arnold's Sports Festival, a sports and fitness festival which he started in 1989 and is held annually in Columbus, Ohio. It is a festival that hosts thousands of international health and fitness professionals which has also expanded into a three-day expo. He also owns a film production company called Oak Productions, Inc. and Fitness Publications, a joint book publishing venture partnered with [[Simon & Schuster]].<ref>{{Cite web |last=Andrea N. Browne |date=November 9, 2012 |title=7 self-made immigrant millionaires |url=http://ca.finance.yahoo.com/news/7-self-made-immigrant-millionaires.html?pt=BureoF4GVB?date=10410705&page=3 |url-status=live |archive-url=https://web.archive.org/web/20131030052654/http://ca.finance.yahoo.com/news/7-self-made-immigrant-millionaires.html?pt=BureoF4GVB%3Fdate%3D10410705&page=3 |archive-date=October 30, 2013 |access-date=November 17, 2012 |publisher=Yahoo Canada}}</ref>

In 2018, Schwarzenegger partnered with basketball player [[LeBron James]] to establish Ladder, a company that developed nutritional supplements to help athletes with severe cramps. The pair sold Ladder to Openfit for an undisclosed amount in 2020 after reporting more than $4&nbsp;million in sales for that year.<ref>{{Cite web |last=Young |first=Jabari |date=December 2, 2020 |title=LeBron James, Arnold Schwarzenegger's Sports Nutrition Company Sells to Fitness Platform Openfit |url=https://www.nbclosangeles.com/news/business/money-report/lebron-james-arnold-schwarzeneggers-sports-nutrition-company-sells-to-fitness-platform-openfit/2475117/ |url-status=live |archive-url=https://web.archive.org/web/20210210184950/https://www.nbclosangeles.com/news/business/money-report/lebron-james-arnold-schwarzeneggers-sports-nutrition-company-sells-to-fitness-platform-openfit/2475117/ |archive-date=February 10, 2021 |access-date=February 7, 2021 |website=NBC Los Angeles |language=en-US}}</ref>