Considering the legend he is, what do you think would be George Foreman net worth in 2020? For those who have no idea who he is George Foreman is a retired professional boxer who went by the nickname “Big George” between 1969 and 1997. Big George holds the world heavyweight championship twice and also he is an Olympic gold medalist, not forgetting that he is ranked as the 8th greatest heavyweight of all time and 9th greatest puncher of all time.
For his work and achievements, he has been inducted into the World Boxing Hall of Fame and also International Boxing Hall of Fame. Other than sports George Foreman is a successful entrepreneur, an author, and an ordained minister. Today we shall get down to look at George Foreman net worth in 2020 and also uncover a few things you probably don’t know about George Foreman.
- 1 Biography & Wiki
Biography & Wiki
George Edward Foreman is the son of Leroy Moorhead and Nancy Foreman. He was born in 1949 in Marshall, Texas and was brought up in Fifth Ward, Houston together with his six siblings. He dropped out of school when he was 15 years and started working at Job Corp. He had a passion for football at that time, but after practicing boxing, he liked it more.
George Foreman Personal Life: Affair, Girlfriend, Married, Wife, Children & Family
Foreman has been in matrimony five times with Adrienne Calhoun 1971-1974, Cynthia Lewis 1977-1979, Sharon Goodson 1981-1982, Andrea Skeete 1985-1985 and his recent was with Mary Joan Martelly in 1985. He has 12 kids including, George Jr., Isabella, and Freda.
Foreman career in boxing started off when he was young, but we can say it started shaping up in 1969 when he won a match against Donald Waldheim. His breakthrough was in 1972 after championed against the heavyweight boxer Joe Frazier with 37 KO. After his success what followed is him winning against Ken Norton in 1974 and losing The Rumble in the Jungle match to Muhammad Ali. He took a break from boxing in 1975 and the following year he returned and sought a rematch with his biggest opponents, Joe Frazier and Muhammad Ali.
In 1977, Foreman was highly acclaimed after championing against the renowned boxer Puerto Rico in a championship held in Pensacola, Florida. After his second comeback into boxing, he fought with boxers like Gerry Cooney 1990, Evander Holyfield 1991, Tommy Morrison 1993, Michael Moorer 1994, Alex Schulz 1994, and Shannon Briggs 1997.
He announced that he had quit boxing at the age of 48, but did some comeback fights in 1999 with Larry Holmes and in 2004 with Trevor Berbick. Over the years, he has participated in 81 championships where he won 76 matches (68 by KO) and lost only in 5 matches.
George Foreman as a businessperson
Foreman also ventured into the business where he launched the George Foreman Grill which was regarded as the best dieting grill and auction more than 100 million pieces in 2009. It is reported that he was grossing $4.5 million every month which he gave most to charity. However, in 1999, he auctioned the establishment rights to The Grill at $138 million.
Awards & Achievements
On Awards and Achievements, Foreman has received many including in 1968 where he got a Gold Medal during the Summer Olympics. In 2013, he received the James V. Day, Award courtesy of the American Legion. He is also regarded as an Olympic Gold Medalist and The World Heavy Weight Champion. In addition to the awards, he has been inducted into the International Boxing Hall of Fame, World Boxing Hall of Fame and many other awards.
George Foreman Salary, Net Worth & Earnings
How rich is George Foreman? Well, as of 2020, George Foreman net worth is estimated to be $340 million. The source of George Foreman net worth fortune is his boxing career where he earned money from the numerous wins as he is a two-time world heavyweight boxing champion, an Olympic gold medalist. However, George Foreman net worth of $340 million wasn’t contributed heavily by his boxing career but by his success as an entrepreneur where he sold 100 units of George Foreman Grill and later sold the naming rights to the grill for $138 million to grill manufacturer Salton. Another source of George Foreman net worth is his lucrative endorsement deals with companies such as KFC, Doritos, Meineke, in addition, he has a line of personal care products and a restaurant franchise.
8 Facts You Need To Know About George Foreman
George Foreman is a legend in the circles of boxing sport, and truly no one can dispute that since the record speaks for itself. However, even though you have watched him win many boxing matches or used a George Foreman grill and it makes you feel you know him more, here are a few things you probably don’t know about George Foreman.
1. Off the court, he is a writer and an anointed church minister.
2. Did you know that Muhammad Ali had once renounced to do a rematch with him?
3. He was raised by his stepdad J.D Foreman and mother after his parents divorced.
4. He started acting in TV series before emerging as a boxer.
5. He christened his five sons the same name after him.
6. He confessed that his toughest match was with Ron Lyle.
7. He was persuaded by the wife to stop his career in boxing.
8. He once found out that his bank money was taken from his account by some cashiers.
George Foreman net worth speaks much a smart sportsman who after retiring invested his money wisely unlike some of his colleagues who are struggling financially yet they had it all at one time. We do wish him good health and in addition look forward to anything he might throw our way in 2020.
Rеаl Nаmе/Full Nаmе: George Edward Foreman
Аgе: 69 Years, Born on 10 January 1949
Неіght: 6 feet 3.5 inch (192 cm)
Wіfе: Adrienne Calhoun (m. 1971–1974), Cynthia Lewis (m. 1977–1979), Sharon Goodson (m. 1981–1982), Andrea Skeete (m. 1982–1985), Mary Joan Martelly (m. 1985)
Сhіldrеn: Freeda Foreman, Natalia Foreman, George Foreman VI, George Foreman III, George Foreman Jr., Michi Foreman, Georgetta Foreman, George Foreman IV, Courtney Isaac Foreman, Leola Foreman, George Foreman V, Isabella Brenda Lilja Foreman
Nеt Wоrth: $340 Million
Ѕоurсе оf Wеаlth: American former professional boxer, Actor, Author, Entrepreneur, Minister (Christianity)