The Astonishing Net Worth of Mike Collins: Inside the Fortune of a Legendary Astronaut
Mike Collins is a name many space enthusiasts would recognize. He was one of the three American astronauts who famously set foot on the Moon aboard Apollo 11 in 1969. But Collins was more than just an astronaut. He was a pilot, an author, a museum director, and a businessman. It’s no surprise, then, that he had a fortune to match his impressive achievements.
Early Life and Career
Collins was born on October 31, 1930, in Rome, Italy. His father was a U.S. Army officer who was stationed there at the time. Collins followed in his father’s footsteps and graduated from West Point Military Academy in 1952. After seven years in the Air Force, he joined NASA’s Astronaut Corps in 1963.
Net Worth and Assets
Over the course of his life, Mike Collins accumulated an estimated net worth of $2 million. While this may not seem like a tremendous amount compared to the wealth of some billionaires, it’s important to remember that Collins’ fortune came from a life of service and accomplishment rather than business ventures.
Collins’ wealth came from a variety of sources, including book royalties, speaking fees, and investment income. In addition, his estate included a $1.4 million home in Marco Island, Florida.
Career Achievements
Collins’ impressive resume includes not only his role in the Apollo 11 mission but also numerous other achievements. In 1966, he piloted the Gemini X mission, which involved two spacewalks and the retrieval of a scientific satellite. He later served as the Assistant Secretary of State for Public Affairs during the Nixon administration.
After retiring from NASA in 1970, Collins turned to writing. He authored several books, including a memoir entitled “Carrying the Fire: An Astronaut’s Journeys.” He also served as the Director of the Smithsonian National Air and Space Museum from 1971-1978.
Influence on the Space Program
Many credit Collins as one of the key figures in the success of the Apollo 11 mission. His skill as a pilot and his ability to remain calm under pressure were essential to the mission’s success. After the mission, Collins remained involved in the space program as part of various advisory committees.
In reflection on his time in space, Collins once said, “I think we’re going to the Moon because it’s in the nature of the human being to face challenges. It’s by the nature of his deep inner soul…we’re required to do these things just as salmon swim upstream.”
FAQs
Q: How much was Mike Collins worth at the time of his death?
A: At the time of his death in April 2021 at the age of 90, Collins’ net worth was estimated to be approximately $2 million.
Q: How much did Mike Collins earn from writing?
A: Collins earned a significant amount from book royalties throughout his career. Though the exact figure is unknown, it is estimated to be in the hundreds of thousands of dollars.
Q: Did Collins receive any awards or honors during his lifetime?
A: Yes, Collins was the recipient of numerous awards and honors, including the Presidential Medal of Freedom, the NASA Distinguished Service Medal, and the Harmon International Trophy.
Q: Did Collins have any investments?
A: Collins had a diverse investment portfolio that included stocks, bonds, and real estate. He was known to be a savvy investor.
Q: How did Collins’ experience in the Air Force prepare him for spaceflight?
A: Collins’ experience as a fighter pilot and test pilot in the Air Force provided him with the skills and knowledge needed to become an astronaut. He was able to remain calm under pressure and make split-second decisions that were critical to his success in space.
Q: Was Collins involved in any other space missions besides Apollo 11?
A: Yes, Collins was the pilot for the Gemini X mission in 1966, which included two spacewalks and the retrieval of a scientific satellite.
Q: How did Collins’ time as the Director of the Smithsonian National Air and Space Museum influence his legacy?
A: Collins’ tenure as the Director of the Smithsonian National Air and Space Museum helped to make it one of the most-visited museums in the world. He worked to expand the museum’s exhibits and bring in new artifacts, helping to preserve the history of aviation and space exploration for future generations.
Conclusion
Mike Collins may not have been a billionaire, but his net worth is a testament to his life’s work. From his time as a fighter pilot to his role in the Apollo 11 mission and beyond, Collins was a true American hero. His legacy will continue to inspire future generations to reach for the stars. If you’re interested in learning more about Collins’ life, there are plenty of books and documentaries available that explore his incredible accomplishments in more detail.