Muhammad Ali Net Worth

Boxing legend Muhammad Ali is recognized as the best. National Hall of Fame Sportswriter Dave Kindred reportedly recounted (through Team USA) that in his prime, he made millions from some of the most watched boxing contests in history. “He was the most well-known person on earth. He and the Pope consistently ranked first and second in the polls. Muhammad Ali would alternately hold the top spot with the Pope.” Now many wonder what was Muhammad Ali net worth?

What Is Muhammad Ali’s Net Worth?

When the boxer passed away in 2016, he had a $50 million fortune. He was one of the world’s highest-paid athletes at the time. His largest payout while fighting was $7.9 million, which, in 2022, would be nearly equivalent to $22 million.

In addition, he garnered two Grammy nominations and was a talented singer. He has appeared in cameos and other minor roles in films and played himself in his biopic. Muhammad Ali himself penned two autobiographies. 

Additionally, he has had a somewhat successful career in hip-hop. He is highly regarded in the rap scene and acted as an inspiration for several well-known rappers, including LL Cool J, Jay Z, Eminem, Diddy, and many others.

Who Is Muhammad Ali? [Early Life]

Muhammad Ali was a famous American boxer, estimated to be worth $50 million at the time of his death. He is one of the greatest heavyweight champions in sports history. 

Muhammad Ali was born in Louisville, Kentucky, on January 17, 1942. Muhammad Ali was born Cassius Marcellus Clay Jr. However, after converting to Islam, his name was changed. His father worked as a sign painter on billboards. 

He attended Louisville’s Central High School during his formative years. Muhammad Ali achieved fame by putting a lot of effort into his professional boxing career. His entire life was spent in segregation, and once, he was turned down for a bottle of water at the store.

Career

Like most legendary heavyweight boxers, Ali’s early victories and the high number of knockouts made him famous. Muhammad Ali was 19-0 before he took against Liston for the heavyweight championship. He had a lot of knockouts under his belt, but he also began to set himself apart from other heavyweight boxers with his trash talking and theatrics.

Liston was notoriously irritated by Muhammad Ali for publicly requesting a title match. They eventually agreed to a fight, and Ali destroyed Sonny Liston to the point where Liston conceded defeat in the sixth round. Until 1967, when he was accused of avoiding conscription for the Vietnam War, Muhammad Ali kept outclassing his rivals. After Ali’s boxing license was revoked, he began engaging in other businesses.

Since Muhammad Ali could no longer box professionally, he began getting more involved in the civil rights struggle. Speaking to the public and the media, Muhammad Ali expressed his ideas and convictions through speeches. Ali used his inherent charisma, evident from his trash-talking, to persuade others of his viewpoints. 

When Ali’s case eventually reached the Supreme Court, all justices decided in his favor. Ali continued his career as a professional fighter after being vindicated. Until Ali faced Joe Frazier, who defeated him via unanimous decision, Muhammad Ali maintained his superiority. Ali had never lost before, but it wouldn’t be his last; he also lost to Larry Holmes.

However, Muhammad Ali continued to defeat his opponents after his loss to Joe Frazier. That is until he faced Ken Norton, who beat him narrowly. But when the two men fought again a few months later, Ali prevailed through a split decision. A few months later, Muhammad Ali fought Frazier again, winning unanimously. 

In his subsequent bout, Ali faced George Foreman in the Rumble in the Jungle, one of the most well-known boxing contests in history. Foreman was a terrifying knockout artist at the time, and Muhammad Ali had never been knocked out.

Muhammad Ali, however, flew like a butterfly and defeated Foreman. Ali then went on a winning streak, beating everyone in his way, including Frazier and Norton, the previous winners. Ali’s career did, however, finally come to an end. Muhammad Ali retired and put up his gloves. 

Muhammad Ali continued his activities in politics and charities while also pursuing a career in show business after retiring. Like many other fighters, Ali received too many blows to the head despite his deceptive and defensive fighting technique. Ali had sustained traumatic brain damage, which led to his death.

Personal Life

Muhammad Ali was married four times. In August 1964, he wed cocktail waitress Sonji Roi; their marriage ended in divorce in January 1966. In August 1967, Ali married Belinda Boyd, and the two went on to have four children together. Ali had an adulterous relationship with 16-year-old Wanda Bolton in 1974 while he was 32. The couple married in an Islamic ceremony that was not recognized by the state and went on to have two children together. In 1977, he wed Veronica Porche, and they eventually had two children. After their divorce in 1986, Ali married Yolanda Williams, a close friend he had known since 1964. Their son was adopted. Laila Ali, one of Muhammad Ali’s daughters, competed in professional boxing from 1999 to 2007.

Interesting Facts About Muhammad Ali

• Muhammad Ali has appeared on more Sports Illustrated covers than any other athlete besides Michael Jordan (54). 
• At the Rome 1960 Olympics, Muhammad Ali won the light heavyweight gold medal. 
• Ali, then known as Cassius Clay, threw his gold medal into the Ohio River after a restaurant refused to serve him because of his skin tone after returning home to celebrate his Olympic victory.
• He competed in 22 professional heavyweight championship title. 
• He has nine children and has been married four times. 
• Laila Ali, his youngest child, has a 24-0 record as an unbeaten professional boxer. 
• From 1960 through 1981, Angelo Dundee served as his trainer. Sugar Ray Leonard was among the clients of Dundee. 
• Muhammad Ali was portrayed by actor Will Smith in the film Ali. 
• He was friends with Mike Tyson.
• The Associated Press named him the top heavyweight champion of the 20th century.
• Under the guidance of Fred Stoner Senior at the Presbyterian Community Center, Ali developed his cutting boxing techniques.
• Muhammad Ali was a great boxer well known for his fancy footwork.

Conclusion 

In 1984, Muhammad Ali received a Parkinson’s Disease diagnosis three years after his retirement. He persisted in fighting the social injustices of society despite his battle with the illness. Additionally, he made an effort to raise awareness of Parkinson’s disease. On June 3rd, 2016, he passed away, leaving behind a legacy that the world will never forget with the highest praise. Muhammad Ali net worth at the time of his death was worth $50 million. 

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