George Foreman is a former heavyweight boxing champion, successful entrepreneur, and TV personality. He has had an amazing career both in and out of the ring. With an estimated net worth of $300 million to $320 million, Foreman earned his fortune through boxing, business ventures, and endorsing brands like the George Foreman Grill, which sold over 100 million units worldwide.
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What Is George Foreman’s Net Worth?
As of 2025, George Foreman is estimated to have a net worth of $300 million to $320 million. The living legend built his fortune not only through his boxing career but also through business, endorsements, and the incredibly popular George Foreman Grill. Even though he stepped away from the ring many years ago, George has continued to make money via entrepreneurial endeavors, investments, and speaking engagements.
| Attribute | Details |
|---|---|
| Full Name | George Edward Foreman |
| Date of Birth | January 10, 1949 |
| Place of Birth | Marshall, Texas, USA |
| Nationality | American |
| Occupation | Former Boxer, Entrepreneur, Minister, TV Personality |
| Years Active | 1969–1997 (Boxing), 1994-Present (Business) |
| Boxing Record | 76 Wins (68 KOs), 5 Losses |
| Notable Fights | Rumble in the Jungle (1974), Comeback Title Win (1994) |
| Net Worth | $300 million – $320 million (2025) |
| Major Business Ventures | George Foreman Grill, Clothing, Cookware, Supplements |
| Gold Medal | 1968 Olympics (Heavyweight Boxing) |
| Spouse | Married five times |
| Children | 12 (Including five sons named George Foreman) |
| Philanthropy | Youth programs, Church Ministry, Community Engagement |
| Real Estate Holdings | Texas Ranch, Multiple U.S. Properties |
| Social Media | Twitter, Instagram |
Early Life
George Foreman was born on January 10, 1949, in Marshall, Texas and grew up in Houston. He had a difficult childhood and was frequently involved in street fights as a teenager. When he joined Job Corps, however, his life changed after he was introduced to the sport of boxing. Impressed with his talent, Doc Broadus encouraged Foreman to consider becoming a professional boxer.
Boxing career
One of the most remarkable boxing careers in history, his punching power and his ability to come back from retirements and adversity are legendary.
Early Success
- Gold Medalist in the 1968 Olympics : Foreman won the gold medal in heavyweight boxing for the U.S.
- Turned professional in 1969 : Became such a skilled boxer that he turned pro, and then beat him after winning a few warm-up bouts.
- Defeated Joe Frazier in 1973 : Three years later Ali, pictured here left knocking out Foreman, became the heavyweight champion of the world.
The Comeback & Second Career
- Lost the heavyweight title to Muhammad Ali in the legendary Rumble in the Jungle (1974).
- Retired in 1977 but returned to the ring in 1987.
- At age 45, he regained the heavyweight title in 1994, becoming the oldest world heavyweight champion in history.
- Officially retired in 1997 with a record of 76 wins (68 KOs) and 5 losses.
George Foreman Grill
One of Foreman’s biggest financial success stories outside the ring is the George Foreman Grill.
- Introduced in 1994, the lean, mean, fat-reducing grilling machine that let people cook knockoffs of his own juicy burgers in their own kitchens became a home-kitchen staple and a financial boon for its famous pitchman.
- According to ABC News, Foreman had raked in $200 million from the grill as of 2009. That included a reported $138 million buyout from Salton, Inc., within three years of the grill’s launch, for the right to use his name and image.
- Over 100 million grills have been sold worldwide.
Other Interests
Foreman has built his brand successfully through:
- TV appearances: He made several commercials and reality show features.
- Entrepreneurship : Invested in clothing, cookware & supplement lines.
- Ministry & Motivational Speaking : Became an Ordained Minister. Sharing his life through speaking engagements.
Personal Life
George Foreman has been married five times and has 12 children. He has five sons, all named George Foreman. George is known for his friendly, jovial personality and for being one of the most fearsome competitors in the history of boxing.
Real Estate
Foreman has spent a large amount of his money in real estate and has owned several properties, such as:
- A luxurious ranch in Texas : Spanning hundreds of acres.
- Multiple homes across the U.S., including investment properties and vacation homes.
- Commercial real estate ventures : Foreman has diversified his wealth with land and business investments.
Read More: Floyd Mayweather Net Worth
FAQs
1. How much is George Foreman’s net worth in 2025?
George Foreman’s estimated net worth in 2025 is between $300 and $320 million.
2. What did George Foreman make from the George Foreman Grill?
According to reports, Foreman made $200 million from the George Foreman Grill, which included a buyout of $138 million.
