George Foreman is an American former professional boxer, entrepreneur, and author. He is best known for being a two-time world heavyweight champion, winning the undisputed title in 1973 and the WBA and IBF titles in 1994. He is also known for his namesake line of grills and other products. As of 2021, George Foreman’s net worth is estimated to be roughly $300 million.
George Foreman’s Net Worth
George Foreman’s net worth is estimated to be $300 million. He has accumulated his wealth through his professional boxing career, his business ventures, and his endorsements.
Foreman began boxing professionally in 1969 and won the heavyweight title in 1973. He had a total of 81 fights, with 76 wins, 68 of which were by knockout. He retired from boxing in 1997 with a career record of 76 wins, 5 losses, and 68 knockouts.
Foreman has also made money through his business ventures. He is the founder and owner of the George Foreman Grill, which has sold over 100 million units. He also has a line of health products, including vitamins, supplements, and nutrition bars. He has endorsement deals with companies such as Nike, Burger King, and Kmart.
George Foreman’s Biography
George Foreman was born on January 10, 1949 in Marshall, Texas. He was raised by his parents, J.D. and Nancy Foreman, and has five siblings. He had a troubled childhood, getting into fights and dropping out of school in the ninth grade.
Foreman took up boxing in 1969 and quickly rose to prominence. He won the heavyweight title in 1973 and defended it twice before retiring in 1977. He returned to the ring in 1987 and won the WBA and IBF titles in 1994. He retired from boxing for good in 1997.
Foreman is also known for his business ventures. He is the founder and owner of the George Foreman Grill, which has sold over 100 million units. He also has a line of health products, including vitamins, supplements, and nutrition bars. He has endorsement deals with companies such as Nike, Burger King, and Kmart.
Foreman is married to Mary Joan Martelly and they have five children. He also has five other children from previous relationships. Foreman is an ordained minister and is a member of the Church of Christ.
George Foreman is a former professional boxer, entrepreneur, and author. He is best known for being a
George Foreman is one of the world’s most beloved boxers. Since his retirement in 1997, he has made a name for himself as a successful entrepreneur and inspirational speaker. His net worth, a result of his success in the ring and in business ventures, is estimated to be a whopping $400 million.
Born in Marshall, Texas on January 10, 1949, George Edward Foreman began his boxing career when he was on the U.S. Olympic Team in 1968. As an amateur, he won the middleweight gold medal in the Mexico City Olympics, then turned pro in 1969.
His greatest accomplishments in boxing include wins over Frazier and Lyle in the 1970s and an impressive comeback to the sport in the 1990s, leading to a bout with heavyweight champion Michael Moorer in 1994, for which he won the Heavyweight Championship of the World.
George Foreman has since earned considerable wealth from his business ventures. He is best known for his association with the George Foreman Grill, which has sold more than 100 million units globally and made him millions of dollars. He has also served as a product spokesman or ambassador for several other companies, written books, invested in real estate, and even coached a basketball team.
In addition to his impressive wealth accumulation, George Foreman is dedicated to helping the less fortunate. He began the George Foreman Youth Center in Houston, Texas in 1994, offering after-school and summer programs to youth ages 12 to 18.
George Foreman’s impressive house and car collections are a testimony to his success. He owns several luxury vehicles and two large estates, one in Houston and one in Marshall, Texas.
At 71 years of age, George Foreman is still an inspiring leader in his community. Today, he continues to inspire others with his wisdom and speaks at businesses, churches, and universities about success, ethics, and faith. His accomplishments and generous nature prove that anything is possible.
