Net Worth: $250 Million
- Source of Wealth Boxing, Endorsement Products
- Birth Place Marshall, Texas, United States
- Height 6' 3½" (1.92 m)
- Full Name George Edward Foreman
- Nationality American
- Date of Birth January 10, 1949
- Ethnicity African-American
- Occupation Entrepreneur, Boxer (retired)
About George Foreman
Retired American professional boxer George Edward Foreman, has an estimated net worth of $250 million. He is the former two-time World Heavyweight Champion, Olympic gold medalist, ordained Baptist minister, author and successful entrepreneur. This pervasive pitchman grew up poor in Marshall, Texas. A mentor, through Lyndon Johnson’s Job Corps program, encouraged the 15-year-old delinquent to box. Foreman would eventually win a gold medal at the 1968 Olympics. His big pay day came in 1999, when he bagged $138 million for selling naming rights to grill manufacturer Salton. He has since pitched brands like Doritos, KFC and Meineke, and has launched a line of environmentally safe cleaning products, a line of personal care products, a health shake, a prescription shoe for diabetics and a restaurant franchise.
According to the boxing legend, the Hulk missed out on the opportunity to endorse a new electric grill from manufacturers Russell Hobbs, after he allegedly missed the call from his agent. Thus fate gave George Foreman Lean Mean Fat Grlling Machine – a runaway success that turned a champion pugilist into a revered, super-rich business supremo.
Indeed, Foreman says the machine – and its numerous spin-offs – have made him even more money than his illustrious boxing career, which saw the former world heavyweight champion achieve a formidable 76 wins and 68 KOs from his 81 professional fights.
Boxing record: Total fights: 81, Wins: 76, Wins by KO: 68, Losses: 5, Draws: 0, No contests: 0
Earnings & Financial Data
The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of George Foreman's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.?
- Earnings 1999
- Earnings 1990
- Earnings 1980
| Earnings 1999|
The amount earned from the sale of his naming rights to the grill in 1999 plus the endorsements
| Salary Oct. 1990|
Foreman took home a guaranteed $12.5 million from his fight against Holyfield
| Earnings 1980|
By 1980s, Foreman's wealth was estimated to be around $5 million