- Source of Wealth: Boxing, Endorsement Products
- Age: 71
- Birth Place: Marshall, Texas, United States
- Height: 6′ 3½” (1.92 m)
- Weight: 260 lbs (118 kg)
- Marital Status: Married (Mary Joan Martelly)
- Full Name: George Edward Foreman
- Nationality: American
- Date of Birth: January 10, 1949
- Ethnicity: African-American
- Occupation: Entrepreneur, Boxer (retired)
- Children: 12 (George Jr., George III, George IV, George V, George VI, Natalia, Leola, Michi, Freeda, Georgetta, Isabella, Courtney)
Retired American professional boxer George Edward Foreman, has an estimated net worth of $250 million. He is the former two-time World Heavyweight Champion, Olympic gold medalist, ordained Baptist minister, author and successful entrepreneur. This pervasive pitchman grew up poor in Marshall, Texas. A mentor, through Lyndon Johnson’s Job Corps program, encouraged the 15-year-old delinquent to box. Foreman would eventually win a gold medal at the 1968 Olympics. His big pay day came in 1999, when he bagged $138 million for selling naming rights to grill manufacturer Salton. He has since pitched brands like Doritos, KFC and Meineke, and has launched a line of environmentally safe cleaning products, a line of personal care products, a health shake, a prescription shoe for diabetics and a restaurant franchise.
According to the boxing legend, the Hulk missed out on the opportunity to endorse a new electric grill from manufacturers Russell Hobbs, after he allegedly missed the call from his agent. Thus fate gave George Foreman Lean Mean Fat Grlling Machine – a runaway success that turned a champion pugilist into a revered, super-rich business supremo.
Indeed, Foreman says the machine – and its numerous spin-offs – have made him even more money than his illustrious boxing career, which saw the former world heavyweight champion achieve a formidable 76 wins and 68 KOs from his 81 professional fights.
Boxing record: Total fights: 81, Wins: 76, Wins by KO: 68, Losses: 5, Draws: 0, No contests: 0