- Full Name: George Edward Foreman
- Net Worth: $250 Million
- Occupation: Retired Professional Boxer and Entrepreneur
- Marital Status: Divorced
- Ethnicity: Black
George Foreman Net Worth – The Boxer Turns Into Business Entrepreneur
He was born on January 10, 1949 and was named George Edward Foreman. He is a well-known retired professional boxer of the United States, who was also an Olympic gold medallist, author, World Heavyweight Champion and a good businessman.
Foreman never had a bright childhood, but despite of all those sad stories about his childhood days, Foreman decided to join the boxing industry and was even awarded with a gold medal in the 1968 Olympics. In 1973, he even won the World Heavy Wight Title with his opponent Joe Frazier who was at that time undefeated.
Foreman was also considered to be a family guy with 12 children of his own. Foreman as a boxer never forgot about his religion. He was an active Christian minister, which he claimed to be the reason behind his success with his boxing career.
Foreman was born in Texas and was raised by his mother and J.D Foreman, to whom his mother got married when he was a child. Leroy Moorehead was his biological father, but eventually was not his mother’s husband.
At first, Foreman had an interest with football but forgot about it and started with his boxing career. At the age of 15, Foreman gave up his education for him to be able to start his career in boxing. By 1969, he got 13 fights and even won it all. He claims that boxing was really meant for him and he even did great in the incoming years. Foreman had an impressive record in his career when he knocked out Joe Frazier, who was a well-known undefeated World Heavy weight champion.
He also got a chance to defeat a Puerto Rican Heavyweight champion, Jose Roman, in Tokyo. Everyone was impressed when Foreman knocked him down within 2 minutes, which was considered to be one of the fastest moves for knocking out an opponent in the Heavy Weight Championship field.
Foreman was criticized for his apathetic actions, and was claimed that he never showed up with his press conferences. But this never led to be a disadvantage in his career, but even led him to fight and win all his fights consistently.
Rumble In The Jungle
Foreman had to face Ali in Zaire for a competition over his next title. This match has been very historic for the both of them; however Foreman had to undergo massive trials for him to be able to make the match work out for the both of them.
Foreman and Ali are both well-known for their aggressive tactics in the ring, but no one ever predicted who would win the title. The match was as intense unlike their other fights. But everyone was shocked when Foreman has been fighting without his passionate tactics. Unfortunately, Ali won the fight in the 8th round. Foreman accepted that it was not his time to shine from that moment. But due to his defeat, his fans never considered this as his end of his career, but even looked at his humble acceptance as a sign of being a great boxer.
George Foreman Grill
Foreman’s career didn’t stop from his retirement in the boxing field, but even became a stepping stone for a new career in the business world. He owned the George Foreman Grill which was considered to be a fat-free grill which was inspired by his healthy living spree during his retirement days.