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American boxing promoter, Donald "Don" King, has an estimated net worth of $150 million. Boxing promoter, Don King started boxing business while doing fundraising work in 1972 for a struggling Cleveland hospital. He asked Muhammad Ali to attend a charity event, and later convinced Ali and George Foreman to let him promote their 1974 heavyweight championship bout. King has promoted some of the most prominent names in boxing, including Muhammad Ali, George Foreman, Larry Holmes, Mike Tyson and more. He is remembered for his promotion of the the greatest boxing fights of all time, "The Rumble in the Jungle" and the "Thrilla in Manila." His biggest success was Mike Tyson. King promoted Tyson and Evander Holyfield's infamous 1997 bout which grossed $110 million. Tyson sued King a year later for $100 million accusing King of cheating him out of earnings and was settled for $14 million. He can still be seen at fights donning his signature hairstyle while waving an American flag as he supports his fighters.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2004 |
Project Earnings |
Earnings from top three fights that year |
$66,000,000 |
|
2004 |
Ticket Sales |
Ticket sales in top three fights that year |
$13,000,000 |
|
2003 |
Lawsuit Settlement |
Settlement fee with Mike Tyson |
$14,000,000 |
|
2002 |
Lawsuit Settlement |
Settlement fee with Terry Norris |
$7,500,000 |
|
1995 |
Ticket Sales |
Ticket sales in top three fights that year |
$31,000,000 |
|
1995 |
Event |
Earnings from three fights that year |
$168,000,000 |
|
1979 |
Lawsuit Settlement |
Settlement fee with Tim Witherspoon |
$1,000,000 |