George Foreman is a legendary American former professional boxer, Olympic gold medalist, and one of the most successful athlete-turned-entrepreneurs in history. Known for his incredible power in the ring and his warm, approachable personality outside it, Foreman has become a household name not just for boxing, but for business. Today, George Foreman net worth is a symbol of reinvention, smart branding, and determination.
Who is George Foreman?
George Foreman is a legendary American former professional boxer, Olympic gold medalist, and successful entrepreneur. He is best known for being a two-time world heavyweight champion and later for his unexpected business success with the George Foreman Grill. His life is a tale of resilience, fame, and fortune. Born on January 10, 1949, George rose from a troubled youth to become one of the most recognized names in sports and business.
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| Full Name | George Edward Foreman |
|---|---|
| Date of Birth | January 10, 1949 |
| Place of Birth | Marshall, Texas, USA |
| Nationality | American |
| Profession | Boxer, Entrepreneur, Author, Minister |
| Famous For | Two-time World Heavyweight Champion, Grill Endorsement |
| Height | 6 feet 3 inches (191 cm) |
| Weight (Active) | 260 pounds (118 kg) |
| Spouse | Mary Joan Martelly (m. 1985–present) |
| Children | 12 (5 sons, 7 daughters) |
| George Foreman net worth | $300 Million |
| Social Media | Instagram: @biggeorgeforeman Twitter: @GeorgeForeman |
| Notable Products | George Foreman Grill |
| Religion | Christian (Ordained Minister) |
Early Life
George Foreman was born in Marshall, Texas, and raised in Houston’s Fifth Ward. He came from humble beginnings and often struggled with school and behavior in his early years. Raised in a poor household with six siblings, George often found himself in trouble. However, his life took a turn when he joined the Job Corps in 1965, a decision that shaped his future.
Through the Job Corps, he trained as a carpenter and bricklayer, but more importantly, it introduced him to boxing. This new path gave him a sense of purpose and the discipline he had lacked. By the age of 19, he was already making headlines as a rising boxing talent.
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Education
While George Foreman did not attend college in the traditional sense, his education came through experience and mentorship. His time in the Job Corps was instrumental in shaping his outlook and discipline. There, he met Doc Broadus, a mentor who encouraged him to take boxing seriously. This education outside the classroom prepared him for the challenges of professional sports and life.
Later in life, George Foreman pursued religious education, becoming an ordained minister and authoring several spiritual books. His thirst for knowledge never faded, even after his boxing and business success.
Relationship
George Foreman has been married five times. His current and longest-lasting marriage is to Mary Joan Martelly, whom he married in 1985. Together, they have raised a large family and have stood by each other through all of George’s life transitions—from champion boxer to preacher to businessman.
His relationships, both personal and professional, have played a critical role in shaping who he is today. Mary Joan has been especially influential in supporting his ventures and philanthropic work.
George Foreman Net Worth and Career
George Foreman’s career can be divided into two remarkable parts: his boxing career and his second career as a businessman.
Boxing Career
Foreman’s professional boxing career began in 1969. He quickly rose through the ranks and became World Heavyweight Champion in 1973 after a famous win against Joe Frazier. However, he lost the title to Muhammad Ali in the historic “Rumble in the Jungle” fight in 1974.
After a short decline in the ring and a near-death experience in 1977, George Foreman retired from boxing and became a born-again Christian. He devoted the next decade to his ministry and youth outreach programs.
In an unlikely comeback, Foreman returned to boxing in the late 1980s at the age of 38. In 1994, at age 45, he won the heavyweight title again, becoming the oldest boxer to do so. This achievement cemented his legacy as a true sports icon.
Business Career
After officially retiring from boxing, George Foreman became a businessman and product endorser. His most famous product is the George Foreman Lean Mean Fat-Reducing Grilling Machine. The grill became a global success, selling over 100 million units worldwide.
He earned more money from this venture than from his entire boxing career. His friendly personality, combined with a powerful brand, made him a household name in a whole new way. This part of his life contributed significantly to the impressive George Foreman net worth we know today.
Family
George Foreman is the proud father of twelve children—five sons and seven daughters. Uniquely, all five of his sons are named George: George Jr., George III, George IV, George V, and George VI. This naming tradition, he says, ensures they always carry a piece of his legacy.
His daughters have more traditional names, including Freeda, Michi, Leola, Natalie, and Isabella. Sadly, his daughter Freeda, who once pursued boxing herself, passed away in 2019.
Foreman is known as a devoted father and grandfather. He often shares the importance of family values and has written about the lessons he hopes to pass down to his children.
George Foreman Net Worth
Now, let’s talk about the numbers. George Foreman net worth is estimated to be around $300 million as of 2025. This staggering figure makes him one of the wealthiest retired athletes in the world.
The majority of his wealth did not come from boxing. While his boxing career earned him fame and millions, it was the George Foreman Grill that transformed his financial life. In the early 2000s, Salton Inc., the company behind the grill, paid him $137 million to buy the rights to his name and image.
Besides that, he continues to earn money through speaking engagements, book deals, television appearances, and investments. He’s also the author of multiple books, including autobiographies and motivational guides.
To better understand George Foreman net worth, here’s a breakdown:
| Source | Estimated Earnings |
|---|---|
| Boxing Career | $80 million |
| George Foreman Grill Deal | $200+ million |
| Endorsements & Appearances | $10 million |
| Book Sales & Speaking Gigs | $5 million |
| Other Investments | $5 million |
| Total Net Worth (2025) | $300 million |
This incredible success story is proof that athletes can redefine themselves beyond their sport. George Foreman net worth is the result of smart branding, hard work, and resilience.
Social Links
George Foreman remains active and engaging with fans on social media. He shares motivational content, family updates, and humorous takes on everyday life.
Through his social channels, he continues to inspire millions and share life lessons, both personal and professional.
Physical Appearance
George Foreman stands at 6 feet 3 inches tall (191 cm) and, during his boxing career, weighed around 260 pounds (118 kg). His imposing figure was part of his success in the ring. With a strong build and powerful punches, he was a feared opponent.
In his later years, George has maintained a healthy lifestyle. He often speaks about fitness, healthy eating, and staying active, especially as you age. His charming smile and charismatic presence continue to win fans everywhere.
| Feature | Detail |
|---|---|
| Height | 6’3″ (191 cm) |
| Weight (active) | 260 lbs (118 kg) |
| Hair | Bald |
| Eyes | Brown |
| Build | Muscular |
George Foreman net worth isn’t just about money—it’s a symbol of reinvention and growth. From a troubled teen to Olympic gold medalist, to world champion, and then to a global business icon, George’s story is one of triumph and purpose.
Frequently Asked Questions
How did George Foreman make most of his money?
George Foreman made most of his money from the George Foreman Grill, not boxing. He earned over $200 million from the grill deal alone, which is more than he ever made in the ring.
Is George Foreman still rich today?
Yes, George Foreman net worth in 2025 is estimated to be around $300 million. He continues to earn from business deals, speaking, and media appearances.
How much did George Foreman make from boxing?
During his boxing career, George Foreman earned an estimated $80 million. His boxing fame helped him build a brand that led to even bigger business success.
Final Thoughts
George Foreman’s life is more than a boxing tale. It’s the journey of a man who found success in multiple stages of life. Whether in the ring, the pulpit, or on your kitchen counter, his influence is undeniable. George Foreman net worth reflects not just earnings, but the value of persistence, reinvention, and the power of personality.
From sports hero to spiritual leader and entrepreneurial legend, George Foreman has carved out a legacy that inspires people of all ages. And as his wealth continues to grow, so does the story of a man who punched through life’s obstacles—one round at a time.
