George Foreman’s Net Worth, Relationships, Boxing Career, and More Explored

George Foreman has been the pinnacle of success and fame for many boxing stars. He’s a two-time world heavyweight champion and Olympic gold medallist. George is beloved by fans for his never-ending will to continue to fight.

This has led to him becoming an actual multi-millionaire. Coming from humble beginnings in the state of Texas, USA, Foreman has become quite a well-known name. Therefore, we’ll be taking a look at his net worth and personal life.

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George Foreman’s Net Worth Revealed

According to sources, George Foreman has a whopping net worth of over $300 million. All of this came from his ability actually to sell anything. He didn’t lose hope, and that was his biggest strength.

In his own words, he said, “When you come from such little… like I’ve told everybody all day, I didn’t have hope. Can you imagine living in this life without hope? I did, that way. I didn’t find hope until later on in life. [For] those who don’t have hope, if they can see my life, they’ll realize they can do anything.” And that is what ultimately makes or breaks a person, the ability to have hope!

George Foreman’s Career Guide

George Foreman’s career is an interesting one. It’s full of tests and turns that later led to Hollywood making a movie off of him. Growing up as an underprivileged kid, he greatly loved boxing and excelled at it.

In 1968, he took home a gold medal from the Mexico City Olympics. Foreman rose to prominence as one of the world’s most formidable boxers during the ensuing ten years. In 1973, he defeated Joe Frazier to win his first heavyweight world championship. 

His rule was brief, though, as Muhammad Ali defeated him in the well-known ‘Rumble in the Jungle’ match in 1974. Foreman remained a boxer for several more years. Then in 1977, he decided to give up the sport after becoming a born-again Christian. He then decided to become a salesman, as he found his gift of selling people ‘anything’. 

He said, in an interview with Forbes in 2019, that “I started selling myself, telling people I was part of the ‘rope a dope’ [his knockout loss to Muhammad Ali, which just passed its 45-year anniversary] and that I had fought Joe Frazier. People would stop for two minutes to listen to me preach. Then they would stop for five minutes. Then they would stop for 15 minutes, and that’s when I knew I could sell.”

George Foreman’s Back-To-Boxing Career

That’s when his trajectory of life changed once again. After a bankruptcy situation, Foreman decided to return to boxing. His outgoing demeanor and charm helped HBO decide to match him against heavyweight champion Michael Moorer in 1994.

With Foreman emerging victorious, advertising companies immediately started calling him. And they came up with the idea to sell a grill. His renowned George Foreman Grill sprang from this. When it was first released in 1994, it took off like crazy. 

The sports icon himself promoted it, portraying it as a healthy substitute for conventional grilling techniques. The grill saw unparalleled popularity and swiftly turned into a best-seller. Indeed, it was predicted in 2009 that over 100 million devices had been sold globally, propelling him to insane heights, money-wise. 

All this led to much of his wealth, including writing a cookbook and endorsing KFC, Nike, and other brands. No wonder his net worth rose to around 300 million dollars.

George Foreman’s Personal Life

On January 10, 1949, George Foreman was born in Marshall, Texas, in the United States. Foreman had a difficult childhood growing up in Houston, Texas, in a low-income family. Because of his family’s financial difficulties, Foreman had a lot of issues when he was younger. However, he dealt with them through his love for boxing. 

Foreman is also a minister and an ordained Baptist preacher. George Foreman has had several marriages. His five children are all named George, albeit their middle names vary. He wed Cynthia Lewis in 1985, and the two of them had five kids together.

They are still together and their marriage has endured. George Foreman has been candid about the difficulties and opportunities for personal development he had in his relationships. Like his professional life, his private life has been also marked by a lot of ups and downs.

Conclusion

George Foreman’s whopping net worth is proof of his success. His contribution to his boxing career and his sales abilities led him to be this successful in life. What are your thoughts on this? Feel free to share them with us via the comments. If you need more content like this, then keep in touch with us.

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