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George Foreman Net Worth

George Foreman Net Worth

Net Worth: $250 Million

  • Source of Wealth Boxing, Endorsement Products
  • Birth Place Marshall, Texas, United States
  • Height 6' 3½" (1.92 m)
  • Marital Status Married (Mary Joan Martelly)
  • Full Name George Edward Foreman
  • Nationality American
  • Date of Birth January 10, 1949
  • Ethnicity African-American
  • Weight 260 lbs (118 kg)
  • Occupation Entrepreneur, Boxer (retired)
  • Children 12 (George Jr., George III, George IV, George V, George VI, Natalia, Leola, Michi, Freeda, Georgetta, Isabella, Courtney)
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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.

Choose Year
  • Earnings 1999
  • Earnings 1990
  • Earnings 1980
Earnings 1999 N/A
Sale of Asset 1999

The amount earned from the sale of his naming rights to the grill in 1999 plus the endorsements

Earnings 1990 N/A
Salary Oct. 1990

Foreman took home a guaranteed $12.5 million from his fight against Holyfield

Earnings 1980 N/A
Earnings 1980

By 1980s, Foreman's wealth was estimated to be around $5 million

Show all earnings