Flair is officially recognized by WWE, TNA and Pro Wrestling Illustrated as a 16-time world heavyweight champion (eight-time NWA Champion, six-time WCW Champion, and two-time WWF Champion). although the actual number of his world championship reigns varies by source; Flair considers himself as a 21-time World Champion.
In WCW, he also had two stints as a booker—in 1989–1990 and 1994. In 2012, Flair became the first ever two-time inductee in the WWE Hall of Fame, first inducted in 2008 for his individual career and for a second time in 2012 as a member of the Four Horsemen. He is also an NWA Hall of Famer (class of 2008). Flair's hairstyles and mannerisms were inspired by Buddy Rogers, who previously used the "Nature Boy" gimmick in the 1950s and 1960s.
Flair was the first WCW World Champion, having been awarded the title following WCW's secession from the NWA in 1991. With that, he also became the first WCW Triple Crown Champion upon being awarded the title, having already held the United States and World Tag Team titles. In 2005, he completed WWE's Triple Crown Championship when he won the Intercontinental Championship, after already holding the WWF (now WWE) Championship, as well as the World Tag Team Championship. Using the officially recognized totals (by WWE, TNA and PWI) of 16 World Championships and six U.S. Championship reigns, Flair has won a total of 30 different major championships between the NWA, WCW, and WWE, with numerous regional titles also to his credit. A major pay-per-view attraction throughout his career, he has headlined WWE's premier annual event, WWE WrestleMania, as well as the NWA/WCW equivalent, Starrcade, on ten occasions.
- National Wrestling Alliance Mid-Atlantic Heavyweight Championship
- National Wrestling Alliance Mid-Atlantic Tag Team Championship
- National Wrestling Alliance Television Championship
- WCW United States Heavyweight Championship
- National Wrestling Alliance World Tag Team Championship (Mid-Atlantic version)
- WCW International World Heavyweight Championship
- WCW World Heavyweight Championship
- National Wrestling Alliance World Heavyweight Championship
- National Wrestling Alliance Missouri Heavyweight Championship
- WWE World Tag Team Championship
- WWE Intercontinental Championship
- WWE Championship