George Foreman Net Worth

Net Worth: $250 Million
Statistics
  • Source of Wealth:

    Boxing, Endorsement Products
  • Age:

    69
  • Birth Place:

    Marshall, Texas, United States
  • Weight:

    260 lbs (118 kg)
  • Marital Status:

    Married (Mary Joan Martelly)
  • Full Name:

    George Edward Foreman
  • Nationality:

    American
More Stats View More

About George Edward 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 ?
Choose Year

Earnings 1999

Sale of Asset 1999
The amount earned from the sale of his naming rights to the grill in 1999 plus the endorsements
$200,000,000

Earnings 1990

Salary Oct. 1990
Foreman took home a guaranteed $12.5 million from his fight against Holyfield
$12,500,000
Show all earnings

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