George Foreman Net Worth

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George Foreman Net Worth

George Foreman is a retired professional boxer, former two-time World Heavyweight Champion, Olympic gold medalist, ordained Baptist minister, author and entrepreneur. After dropping out of school at the age of fifteen, later training in California as a boxer for a couple of years, George Foreman went on to be a gold medalist at the 1968 Olympics.

George Foreman won the World Heavyweight title with a second round knockout of then-undefeated Joe Frazier in Kingston, Jamaica in 1973. He made two successful title defenses before losing to Muhammad Ali in “The Rumble in the Jungle” in 1974. He was able to secure another title shot, but retired following a loss to Jimmy Young in 1977. He has said he was reborn following that fight, and subsequently became a practicing minister in the Houston area.

Ten years later, George Foreman announced a comeback. In November 1994, at age 45, he regained the Heavyweight Championship by knocking out Michael Moorer. He remains the oldest Heavyweight Champion in history. He retired in 1997 at the age of 48, with a final record of 76–5, including 68 knockouts.

George Foreman has been inducted into the World Boxing Hall of Fame and the International Boxing Hall of Fame. The International Boxing Research Organization (IBRO) rates Foreman as the eighth greatest heavyweight of all-time. In 2002, he was named one of the 25 greatest fighters of the past 80 years by The Ring magazine. The Ring ranked him as the 9th greatest puncher of all-time.

George Foreman was a ringside analyst for HBO’s boxing coverage for twelve years, leaving in 2004. Outside of boxing, he is a successful entrepreneur and is known for his promotion of the George Foreman Grill, which has sold over 100 million units worldwide. In 1999 George Foreman sold the naming rights to the grill for $138 million.

How George Foreman Made His Money – Boxer and Entrepreneur

Estimated Net Worth: $253 Million

Birthday: January 10, 1949

[image via el grito]

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