George Foreman Net Worth: Boxing Career & Grill Business

George Foreman is a popular boxer in the world. It is a story about being poor, getting strong, and finding a second chance. He lived many different lives at the same time.

He was a mean kid, then a scary fighter, and then a man of God. Later, he became a hero who came back to win and a very rich businessman. His life proves to us that anyone can change for a better life.

It also teaches us that being if you are old that does not mean you give up. His story inspires people to feel like they can win at any age.

Quick Info Table

Early Life of George Foreman

He was born in Marshall, the place in Texas. George grew up in poor family. No money was the biggest problem for his family. His life was very tough from the very start.

George did not have his real father at home. This made his life even more difficult for him. Later, his family moved to Houston, Texas. But moving did not fix his problems. He felt very angry at a young age. He was not interested in school or study.

George felt weak inside, even though he was big. Due to his madness, he began to get into problems. He left the school and started to spend all his time in the streets. He was involved in several street fights. As the people thought he would go to jail.

A Big Chance to Change His Life

George’s life changed when he joined a program called the Job Corps. This was a group that helped young kids learn how to work and be good.

At first, George did not think it would help him. But slowly, the program helped him see a new way to live. This was when George found out about boxing. He found a way to use his anger in boxing. Instead of local fights in the streets, he taught the fight with rules.

He learned self-control and showed respect to anyone. His coach saw that George had some special talent. His punches were very hard, and he was focused. Boxing provided him a path to feel better.

For the first time in his life, he was confident to do some good things. It gave his life a new path and a real meaning.

Winning the Gold & Amateur Boxing

George Foreman learned fast boxing. In less time, he was one of the best in his country. His opponent can’t handle his hard punches. Punches were very hard and strong.

George was picked up for Olympic Games. He was new to boxing, but his talent shocked all the people in the Mexico City. He beat the opponent in less time and lot of power.

George got the Gold Medal in the heavyweight group. After that victory, he held a tiny American flag in the ring. From this, he became famous in the country. Everyone saw him as difficult, and it was a very big deal to fight with him.

Working as a Professional Boxer

After the Olympics, George started to fight for money. This is called being a professional. From the start, he looked very dangerous to others. He knocked the opponents in first round. His punches were too powerful.

The fans of boxing noticed him very quickly. The sports history writer said that he hit harder than anyone else. Several fighters were scared to fight against him in the ring.

George did not have to tell with his mouth; his performance and hard punches told everything. He won several fights in a streak. In less time, he got ready for fighting the world title.

Won the World Heavyweight Title

Historical moment came for George Foreman when he had to fight with Joe Frazier. Joe did not lost before and was popular champion at that time. Numerous people said that the fight would be long.

George was much better than Joe Frazier. He knocked down Joe Frazier almost 6 times in only 2 rounds. The referee stopped the fight and the whole world was shocked by what they saw. George won the fight and got the title of World Champion.

Fight Against Muhammad Ali

People started thinking that George is unbeatable kind of the boxing ring. George had to fight with Muhammad Ali. The most awaited and popular fight ever. George was younger and stronger than Ali.

Most people thought George would win the fight. But Ali was very smart and did not use just power. He leaned on the ropes and let George hit him. He waited for George to get very tired. In the eighth round, Ali saw that George was worn out.

Ali hit him and knocked George out. This was the first time George ever lost a fight. This loss made him feel very bad. He had never lost before. Now, everyone had seen him fall.

Feeling Lost and Leaving Boxing

After he lost to Ali, George had a hard time in his mind. He continues boxing but does not feel the same energy. He lost the fight and go back to room. At that moment, he felt like he was going to die.

He had a very big experience with God. It changed his whole heart and his whole life. George believed that God had saved him. Very soon after that, he quit boxing. He walked away from being famous at the age of 28. He also walked away with the titles and money.

Life as a Preacher and Helping Kids

After he quit boxing, George became a Christian minister. He gave his life to his faith and to helping people. George Foreman opened a center for young kids. He wanted to assist them in avoiding crime and bad habits.

He talked to people about God and helped the youth. But running the center costs a lot of money.  After that, he was struggling with money problems. He was searching for a way to assist the kids and also to pay his bills.

A Shocking Comeback in Boxing

After ten years of quitting boxing, he came back in 1987. Numerous people began to laugh at him and called him old fighter. George was bigger and slower than before. But he was still very, very strong. He worked very hard and started winning again.

Fight by fight, he showed everyone he was serious. He was not the mean man he used to be. Now, he was always smiling and being kind. But in the ring, he was still a very dangerous man.

The Oldest Champion in History

George fought Michael Moorer. Michael was the champion at that time at the age of 45. Most people thought George was going to lose the fight.

For a long time, George was losing. But then, one big punch changed everything. George knocked Moorer out. He got the title of the oldest heavyweight champion ever.

Final Retirement from Boxing

George Foreman announced retirement from boxing in 1997. When he finished, he had 76 wins. He had knocked out 68 opponents and only lost 5 games. His power was something very rare. He showed that you can be a champion twice in your life.

He is a member of the Hall of Fame now. People still discuss his fights and legacy. He left the non-forgettable impact in boxing. He was the expert fighter in the ring.

Business Success and the Famous Grill

After he stopped fighting, George became even more successful. He started selling the George Foreman Grill. This grill became very famous all over the world. It was made to cook food healthily. The grill made him many millions of dollars.

It made his name famous to people who did not even watch boxing. He became a very smart businessman. He showed that a fighter can be good at business, too. Foreman used his smile and his kind way of talking to sell the grills. He became very, very rich because of this.

His Personal Life and Large Family

George Foreman has a very big family. He had 12 kids and was popular for caring. One funny fact is that he named all his 5 sons George. He wanted them to have something in common. He also has daughters whom he loves very much.

George spends a lot of time with his family now. He is a very happy man in his home life. George always tried to be a good and caring father.

George Foreman Net Worth

His net worth is round about 300 million dollars. A large percentage of this wealth came from his successful business. Although he made a lot of money from this boxing career. His George Foreman Grill in worldwide famous. Brand collaborations also add money to his net worth.

George Foreman Fight List

Conclusion

George Foreman’s life is about never giving up in life. He was raised with several problems, but worked hard. He became a world-famous boxer. George taught from his past mistakes and came back in boxing and shocked the world. This courage showed that age does not matter if you are chasing your dreams.

Frequently Asked Questions

What is George Foreman cause of death?

He is still alive and healthy. Death rumors are fake.

Who is George Foreman wife?

He got married to Mary Joan Martelly. They are still together.

What the George Foreman age?

He is about 77 years old now according to his birthdate.

What is George Foreman net worth 2025?

His net worth is round about 300 million dollars.