George Foreman Net Worth: How Much Did the Former Heavyweight Champion Make?
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What is George Foreman Net Worth?
George Foreman Net Worth is US$ 300 Million as of 2022.
| Net Worth | US$ 300 Million |
| Born: | January 10, 1949 (75 Years) |
| As known as | Big George |
| Gender | Male |
| Height | 6′ 4” |
| Horoscope | Capricorn |
| Country of Origin | United States of America |
| Source of Wealth | Professional Boxer |
| Marital Status | Married |
| Spouses | Mary Joan (married. 1985) Adrienne Calhoun (married. 1971; divorced. 1974) Cynthia Lewis (married. 1977; divorced. 1979) Sharon Goodson (married. 1981; divorced. 1982) |
| Famous For | An Olympic gold medallist and two-time world heavyweight champion |
| Children | Five Sons – George Jr., George III, George IV, George V, and George VI Seven Daughters – Freeda, Michi, Natalia, Leola, Isabella, Georgetta, and Courtney |
Table of Contents
Biography
George Foreman is a retired American boxer with a net worth of US$ 300 million. George Foreman is a two-time World Heavyweight Boxing Champion, Olympic Gold Medalist, and multimillionaire entrepreneur. He has an incredible life story of perseverance and success.
Early Life
George Foreman can mean different things to different generations. A few people will be familiar with the young Texan, aged 24, who in 1973 delivered a TKO on undefeated Smokin’ Joe Frazier. The same fighter lost his first fight to Muhammad Ali at the 1974 Rumble in the Jungle. The Rumble was a historic battle that occurred in Zaire. It was also the subject of the Oscar-winning documentary When We Were Kings. George Foreman is perhaps more well-known to younger viewers as the silly guy selling Meineke mufflers and the George Foreman LEAN Mean Fat Reducing Grilling Machine.
George Foreman was born on January 10, 1949, in Marshall, Texas. He grew up with six siblings in Houston. J.D. Foreman was his stepfather. His biological father was Leroy Moorehead. George wrote in his autobiography about how he was a troubled teenager. At 15, he dropped out of school and became an aspiring mugger. One year later, he decided to change his life and convinced his mother to sign him up for Job Corps. He wanted to earn his GED through Job Corps. After completing the training, he became a bricklayer or carpenter. After moving to Pleasanton in California, he started training for boxing.
Career
Foreman began his boxing career with a bang. He won a medal in the 1968 Mexico City Olympic Games boxing/heavyweight division. Jonas Cepulis, a 29-year-old veteran with a 12-year track record, was defeated by Foreman. After his victory, Foreman was seen walking around the ring with a US flag and bowing before the crowd. According to Foreman, his most important career achievement was winning the gold medal.
In 1969, Foreman was a pro and won 13 fights of which 11 were total knockouts. Foreman won all 12 fights in 1970. The following year, seven more victories were by knockout. He maintained his winning streak up to 1974 when he had to face tougher opponents like Muhammad Ali and Ken Norton. He traveled to Zaire to fight Ali. The match was dubbed “The Rumble in the Jungle”. Ali defeated Foreman to become the first boxer in history to defeat him. Foreman lost to Jimmy Young in 1977 and could not score another win.
Foreman had accumulated a large sum of money from his matches. Unfortunately, all the US$ 5 million boxing fortunes were lost by 1987 due to poor investments and an extravagant lifestyle. George was literally on the brink and was quoted saying he was in danger of total bankruptcy. So Foreman began boxing again and staged an impressive comeback that lasted well into the 1990s after he was also a boxing commentator at HBO.
George Foreman, who was 48 then, officially retired in 1997. His final record was 76 victories (68 knockouts) with just five losses. Foreman was elected into the International Boxing Hall of Fame and the World Boxing Hall of Fame. He was ranked as the eighth-greatest heavyweight of all time.
Personal Life
George and Mary Joan have been married to each other since 1985. He has a total of 12 children from four marriages. His sons are George Jr., George III (Monk), George IV (Big Wheel), George V (Red), and George VI (Little Joey). He has seven daughters Freeda, Michi, Natalia, Leola, Isabella, Georgetta, and Courtney.
His four previous marriages were: Adrienna Calhoun (1971-1974); Cynthia Lewis (1977-1979); Sharon Goodson (1981-1982); and Andrea Skeete ( 1982-1985).
Foreman insists on all his children getting a college degree. But that hasn’t stopped some of them from jumping into the boxing rings with diplomas in hand. George III, who recently won his first pro boxing match in the ring, is following in his father’s footsteps. A brief career as a trader of jabs was had by Daughter Freeda, who has a record of 4-1. George continues to discover new ways of growing his empire while his brood is busy building their own careers.
George Foreman Net Worth
George Foreman’s net worth is US$ 300 million in 2022. He has earned wealth through boxing and businesses. His success in the box helped him to earn money which he invested in different companies. George’s hard-working attitude enabled him to succeed in his life.
Highlights
- The year 1994 – Associated Press Male Athlete of the Year
- The year 1995 – Best Boxer ESPY Award
Favorite Quotes from George Foreman
“The world is full of people who want to play it safe, people who have tremendous potential but never use it. Somewhere deep inside them, they know that they could do more in life, be more, and have more; if only they were willing to take a few risks. ”
– George Foreman
“So many of us have loved ones and people we really care about, and the only time we show affection is when they are gone. I have preached at funerals, and you see loved ones who didnt even say hello to dear ones when they were alive. Give them hugs, kisses while they are alive and need it. “
– George Foreman
“Heroes have a rough time because they stand up when they ought not to, they speak when they ought not to; they always have to go that extra mile.”
– George Foreman
“It’s very important that people know that I really enjoy everything that has happened to me. And I tell my kids… you’re not going to be the tallest, fastest, prettiest, the best track runner, but you can be the nicest human being that someone has ever met in their life. And I just want to leave that legacy that being nice is a true treasure.”
– George Foreman
“In boxing, I had a lot of fear. Fear was good. But, for the first time, in the bout with Muhammad Ali, I didn’t have any fear. I thought, this is easy. This is what I’ve been waiting for. No fear at all. No nervousness. And I lost.”
– George Foreman
Keys Life Lessons from George Foreman
We now know everything about George Foreman and his net worth. Let’s look at some of his lessons.
1. Never Give up
Never give-up attitude helps to achieve even impossible dreams. So keep working on yourself even after facing failures in life.
2. Hard Work
Hard work is the most important aspect of life.
Frequently Asked Questions
George Foreman’s net worth was estimated at US$ 300 million as of 2022.
The height of George Foreman is 1.92 meters or 6 ft. 4 inches.
Summary
George Foreman is a tired American boxer who is one of the best boxers in history. He has played a total of 86 fights and won 76. He is also a successful businessperson. His total net worth is US$ 300 million. He is an icon for many youngsters who wants to be a boxer. George’s never-give-up attitude is one of the key lessons one can learn from him.
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