George Foreman found major success as a professional boxer and businessman before his death on March 21, 2025, at age 76.
When did George Foreman begin boxing?
George Foreman’s career in boxing started in the 1960s, and it wasn’t long before he secured a gold medal in the heavyweight division at the 1968 Summer Olympics.
However, he was a teenager when he took up the sport. “I went into boxing at the age of 17 to lose weight and become a great street fighter,” he told Ringside Report in 2000. “Next thing I know, I was fighting as a Golden Glover. It basically all happened as an accident.”
Foreman won his first heavyweight title in 1973, and more than 20 years later did it a second time at the age of 45 in 1994. He officially retired from boxing in 1999 and finished his career with 76 wins and five losses; his overall record included 68 knockouts.
What is George Foreman’s net worth?
George Foreman’s net worth at the time of his death is estimated to be $300 million, according to Celebrity Net Worth. However, not all of his money came from his work in the ring.
Foreman first retired from boxing after losing a match to Jimmy Young in 1977. Per Celebrity Net Worth, he faced financial troubles in the years after his first retirement. But in 1994, Foreman launched the George Foreman Grill and saw massive success from the portable home grill. In fact, over 100 million grills have been sold.
How much money did George Foreman make from the George Foreman Grill?
While the exact dollar amount George Foreman earned from sales of his George Foreman Grill is unknown, the businessman made a pretty penny.
In a 2014 interview with AARP, the publication asked, “Estimates are that you earned in excess of $200 million on the grill. True?” Foreman replied, “Much more. There were months I was being paid $8 million per month.”
How did George Foreman die?
George Foreman “peacefully departed on March 21, 2025,” according to a statement from his family. According to the New York Times, he died in a hospital.
While Foreman’s cause of death is currently unknown, his family said in a statement that he was “surrounded by loved ones.”
“Our hearts are broken,” the statement read. “A devout preacher, a devoted husband, a loving father, and a proud grand and great grandfather, he lived a life marked by unwavering faith, humility, and purpose. A humanitarian, an Olympian, and two time heavyweight champion of the world, He was deeply respected — a force for good, a man of discipline, conviction, and a protector of his legacy, fighting tirelessly to preserve his good name — for his family.”
The statement concluded, “We are grateful for the outpouring of love and prayers, and kindly ask for privacy as we honor the extraordinary life of a man we were blessed to call our own.”
