George Foreman is one of the legengs of boxing and has been great inspiration for boxing lovers. He is one of the most successful boxers around the world. The professional boxer also showed his talent and services in the Hollywood where he played as an actor in the industry. George has also served as Minister of Religion is a wealthy man, he has written many books, he is also a successful entrepreneur. He started as a boxer when he was 24 and hit Joe Frazier a TKO in 1973 after which his rising period started. It remained as a shining star in his career.
In his career he had a successful record of 76 wins out of 81 fights. But still after ending his career he only had $5 million dollar which is indeed a small amount comparing to the achievements. But George Foreman’s net worth increased dramatically from his activities which were other than boxing.
Despite of the fact how much he earned from his other professions he still has great respect in boxing world as he is a former World heavyweight champion, Olympic Gold Medalist and now he has the privilege to be a multimillionaire entrepreneur.
He has also worked as a spokesperson for Russell Hobbs which is a home appliance manufacturing company. The company paid him about $137 million in 1999 for using his name, “George Foreman Grill”. He did many other things like writing, commentating boxing matches, commercials and got involved in other media related activities.
Until 1972 he remained undefeated, this settled him to challenge the undisputed world heavyweight champion Joe Frazier. Before the fight he was not expected to beat Frazier despite his better reach but during the fight he made a technical knock out and Howard Cosell made the memorable call, “Down goes Frazier! Down goes Frazier! Down goes Frazier”.
Read Further on Forbes about George Goreman
Before the fight Frazier had a phenomenal record of 29-0 wins with 25 Knock outsand Foreman had 37-0 with 34 knock outs but during the match Frazier got knocked out 6 times by George Foreman just within 2 rounds. Few knockouts were overruled as they were waived for this bout. In the second knockdown Frazier’s somehow balanced his self but was unable to some how dough the Foreman’s combination of lethal punches.