George Foreman's Net Worth (Updated 2022) | Wealthy Gorilla

Net Worth:	$300 Million
Age:	77
Born:	January 10, 1949
Gender:	Male
Height:	1.92 m (6 ft 4 in)
Country of Origin:	United States of America
Source of Wealth:	Professional Boxer
Last Updated:	Feb 6, 2026

Introduction

George Foreman is an American former professional boxer with an estimated net worth of $300 Million.

Fight Earnings

Year	Opponent	Salary
1973	Joe Frazier	$1,000,000
1973	Jose Roman	$1,000,000
1974	Ken Norton	$700,000
1974	Muhammad Ali	$5,000,000
1976	Ron Lyle	$250,000
1976	Joe Frazier	$1,000,000
1988	Guido Trane	$100,000
1988	Bobby Hitz	$55,000
1989	Bert Cooper	$50,000
1990	Gerry Cooney	$1,000,000
1991	Evander Holyfield	$12,500,000
1991	Jimmy Ellis	$5,000,000
1992	Alex Stewart	$5,000,000
1993	Pierre Coetzer	$5,000,000
1993	Tommy Morrison	$7,000,000
1994	Michael Moorer	$5,000,000
1995	Axel Schulz	$10,000,000
1996	Crawford Grimsley	$3,000,000
1997	Lou Savarese	$4,000,000
1997	Shannon Briggs	$5,000,000
Total Career Earnings:		$71,655,000

One of the more interesting facts about George Foreman’s boxing career is that his most significant paydays came in his 40s, after initially retiring at the age of 30. In the 1970s, when he first rose to fame, Foreman earned several seven-figure paychecks for fights against legends such as Joe Frazier and Muhammad Ali.

1970s Earnings

Foreman fought Frazier twice in the ’70s, earning $1 million for winning the WBC World Heavyweight Championship in 1973. Later that year, he earned $1 million for defending the belt against Jose Roman, and for his next defense against Ken Norton, he received $700,000. When Foreman lost the belt to Muhammad Ali in 1974, both fighters were paid $5 million. He also earned $1 million for his second fight against Frazier.

Comeback Earnings

Foreman was forced out of retirement due to his financial struggles despite earning over $9 million in the 1970s, the equivalent of approximately $57 million in today’s currency. In the late 1980s, he earned less than $100,000 per fight – pennies compared to his once multiple seven-figure paydays.

However, it didn’t take long for Foreman to begin racking up high salaries again. In 1991, when Foreman lost the title fight against Evander Holyfield, he earned an estimated $12.5 million. Holyfield was paid roughly $20 million for his victory. This was the highest paycheck of Foreman’s career, and despite losing, signaled a significant comeback for the former champ.

After the Holyfield fight, Foreman consistently earned at least $5 million per fight. His most notable paydays were $7 million against Tommy Morrison in 1993 and $10 million against Axel Schulz in 1995. During the second half of his professional boxing career, Foreman earned at least $62.5 million.

Total Fight Earnings

While we couldn’t find figures for every fight of George Foreman’s career, the information we could find represents his most considerable earnings, totaling $71.65 million. His total earnings likely ranged between $75 million and $80 million.

George Foreman Grill Earnings

George Foreman’s endorsement of the George Foreman Grill became one of the most successful partnerships in history, transforming his wealth significantly after his boxing career. In 1994, Foreman agreed to promote the small kitchen appliance that quickly became a household name tied to his iconic “Big George” persona and personal connection to the grill.

By 1996, the grill had generated approximately $5 million in sales, but by 1998, it exploded in popularity, reaching $200 million, accounting for 37% of the manufacturer’s total revenue. Earning 40% of the profits and up to $8 million a month, Foreman’s endorsement deal far exceeded his boxing income, solidifying his place among the wealthiest athletes in history.

In 1999, Salton, Inc. purchased the rights to the Foreman name for $138 million, ensuring the continued use of his name on the grill. With a profit share and monthly earnings of approximately $8 million, Foreman’s endorsement eclipsed his boxing income, making him one of history’s wealthiest athletes.

After nearly going bankrupt in 1986, George Foreman rebuilt his financial stability through the success of his grill, solidifying his financial independence and his reputation as one of the most loved professional athletes of all time.