George Foreman Net Worth

Former professional boxer George Edward Foreman is also an author, entrepreneur, clergyman, and former professional boxer. He participated in boxing from 1967 to 1997, earning the moniker “Big George”.

He won the gold medal at the Olympics and is a two-time world heavyweight champion. He made his name as an entrepreneur with the George Foreman Grill.

Early life

For different generations, the name George Foreman has varied connotations. Some people may remember the young Texas man, only 24 years old, who knocked out Smokin’ Joe Frazier in 1973.

that same boxer, who suffered his first loss against Muhammad Ali in the 1974 Rumble in the Jungle. The Rumble was a famous conflict that happened in Zaire and was the focus of the Oscar-winning film When We Were Kings.

Younger people may be more familiar with George Foreman as the jovial TV salesman for Meineke exhaust systems and the George Foreman Lean Mean Fat Reducing Grilling Machine.

In Marshall, Texas, on January 10, 1949, George Foreman was born. With six siblings, he was raised in Houston. Although J.D. Foreman reared him, Leroy Moorehead was his real father.

George acknowledged in his memoirs that he had a difficult childhood. He stopped going to school when he was fifteen and started robbing people. A year later, he persuaded his mother to enroll him in Job Corps because he was determined to make a change in his life.

Through Job Corps, he sought his GED while pursuing training as a bricklayer and carpenter. After relocating to Pleasanton, California, he started boxing training.

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The Net Worth of George Foreman

George Foreman Net Worth

$300 million is George Foreman’s estimated net worth. George Foreman is a remarkable example of accomplishment and tenacity. He is a born-again Christian missionary, two-time World Heavyweight Boxing Champion, Olympic Gold Medalist, multimillionaire businessman, and boxer.

Even though George Foreman has a wealthy income, you might be surprised to learn that only a small portion of his wealth comes from boxing.

Indeed, by the 1980s, Foreman had a comparatively low net worth of $5 million during the height of his boxing career after turning professional in 1969 and compiling an amazing career total of 76 victories out of 81 contests.

Fortunately, Foreman is currently a very wealthy man because of a highly regarded grill that bears his name.

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Career

Foreman went on to win a gold medal in the heavyweight boxing competition at the 1968 Summer Olympics in Mexico City. Riots in the US over civil rights and Vietnam took place during this period. It was still unclear if the African-American community would support the US strategy or not.

In the year that followed, Foreman made the decision to start boxing professionally and underwent extensive and demanding boxing training.

George Foreman Net Worth

People attacked Foreman despite all of his victories and claimed that he only succeeded by taking on has-beens.

Foreman’s life took a new turn in 1977. Although he defeated Pedro Agosto in Florida, he fell short against Jimmy Young in Puerto Rico.

Foreman announced his comeback at the age of 40 in 1987, shocking everyone after keeping himself away from the ring for ten years. In Sacramento, California, he defeated Steve Zouski in the fourth round despite being out of condition.

He defeated the cruiserweight champion Dwight Muhammad Qawi in one of his nine victories in 1988, which is notable.

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Private Life

George Foreman Net Worth

Mary Joan, George’s wife, and he have been partners since that year. In total, he has 12 kids from his numerous partnerships.

He previously wed Adrienna Calhoun (1971–1974), Cynthia Lewis (1977–1979), Sharon Goodson (1981–1982), and Andrea Skeete (1982–1985). His five boys are all named George Edward Foreman, while his two daughters share the middle name George (except for one daughter named Georgetta).

Even though Foreman insisted that all of his kids graduate from college, some of them still entered the ring with degrees in hand. George III just won his first professional boxing battle, continuing the boxing legacy started by his father.

Daughter Freeda had a short career dealing blows, going 4-1. Daughter Natalie is an ambitious vocalist who has chosen a different path. Papa George continues to find new methods to expand his company as his family is busy pursuing their own occupations.

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