George Foreman, the iconic heavyweight boxing champion and successful entrepreneur, passed away on March 21, 2025, at the age of 76. Widely celebrated for his achievements both inside and outside the ring, Foreman leaves behind a legacy that spans sport, business, and pop culture.
Foreman first rose to global fame after winning the gold medal in boxing at the 1968 Olympics. He later captured the world heavyweight title twice during his illustrious career, cementing his place among the greatest boxers of all time. However, it was his post-boxing career that truly transformed his financial fortunes.
After retiring from professional boxing, Foreman became a household name once again—this time through his endorsement of the George Foreman Grill, a product that went on to become a global phenomenon. Launched in 1994, the grill sold more than 100 million units worldwide, with Foreman reportedly earning more from the product than his boxing career.
At the time of his passing, George Foreman’s estimated net worth stood at over $300 million, thanks largely to his business ventures, endorsements, and smart investments. He also served as a motivational speaker and preacher, inspiring countless individuals with his story of personal redemption and reinvention.
George Foreman is remembered not just as a formidable force in the boxing ring, but also as a savvy entrepreneur whose second act in life was as impactful as the first.