George Foreman is an American former professional boxer who was involved in the sport of boxing for almost eighteen years. He is probably famous all around the world as a Gold medalist at the Olympics. He is also an ordained minister, author, and a famous entrepreneur. Keep reading to know more about George Foreman’s net worth in 2019.
George Edward Foreman, commonly known by his stage name “Big George” was born January 10, 1949, in Marshall, Texas. He was born to his father, Leroy Moorehead, and mother, Nancy Foreman. His mother married another guy named JD Foreman when Foreman was a kid. After marrying JD, his mother along with her new husband and Foreman moved to Houston, Texas.
Foreman grew up in the Fifth Ward, Houston along with six other siblings. His step-father was very kind and took care of him without discriminating between his own kids and Foreman. There is not much information about his biological father who was never a part of Foreman’s life.
Growing up, Foreman was a troubled kid who often got involved in school fights and was suspended on numerous occasions for the same. So at the age of fifteen, he dropped out of high school and joined the Job Corps after some years.
Foreman moved to Pasadena, California after quitting school, and he got very much interested in football. It was always his dream of playing football in the country’s top league but had to give up on the dream because of boxing. His skills in boxing were exceptionally good and his supervisor advised him to focus on boxing as it will help him to achieve the glory and fame.
Foreman was a ladies’ man and had his fair share of affairs. He was linked with several ladies and also has few extramarital affairs. In total, he has been married five times. His first wife was Adrienne Calhoun and the couple were married for almost three years. Within three years after the divorce, he married his second wife, Cynthia Lewis but the marriage didn’t last for more than two years.
Foreman’s third wife, Sharon Goodson couldn’t feel the chemistry between the two and their marriage ended up in a divorce within a year. He and his fourth wife, Andrea Skeete took divorce after three years of their marriage due to the personal differences. Currently, he is married to Mary Joan Martelly for almost thirty-three years.
It was during the riots in the US over civil rights and Vietnam, Foreman won the Gold medal at Olympics in the Heavyweight Boxing Championship in Mexico City. After that, he decided to take the boxing as a professional career and went through a various dynamic training for the same. The year 1969 and 1970 were glorious years for him as he won all the fights he participated in.
In 1973, Foreman defeated the champion and became the new king of boxing where his success kept on escalating over the next few years. His first defeat came in the hands of legendary Mohammad Ali, so he took some break and made his comeback after two years in Las Vegas by winning the match. In 1977, after the game, he became ill and claimed to have suffered a near-death experience so he switched his career and stopped fighting.
Foreman then became an ordained minister and opened few youth centers and shared his Christian experience on various TV networks. He made a comeback to boxing after nearly ten years at the age of forty. Surprisingly, he had a very good season and knocked out some of the famous players on the road.
Foreman’s last match was against Shannon Briggs at the age of 48.
Awards & Achievements
Apart from winning the Gold medal at the Olympics and several Heavyweight Championships, Foreman was awarded the ‘Best Boxers ESPY Award’ for his contribution and success in the game of boxing. He was also the winner of the ‘Associated Press Male Athlete of the Year’ in 1994.
Net Worth of George Foreman
In 1999, Foreman signed an endorsement deal with Salton of roughly $138 million over five years. Currently, in 2018, the estimated net worth of George Foreman is approximately $300 million. His main source of income has been his boxing, also he earns a decent income from his other professional ventures.
George Edward Foreman started his life on the streets in the poverty and initially trained himself to become a world-renowned boxer. His hard work and dedication have led to the success he is enjoying today. His story is an inspiration to all the young generation who are facing a troubled youth.