George Foreman
- Net worth $200 million
- Birthday January 10, 1949
- Status -
- Country United States
- Source(-s) of wealth Boxer, Businessman
How much is George Foreman Worth? George Foreman Net Worth in 2026
George Foreman’s net worth at the time of his death in March 2025 was estimated at $200 million. Foreman was an American boxer who won the heavyweight world title in the 1970s and again in 1994, then became a household name selling a countertop grill. The biggest driver of the wealth was the grill, whose maker paid him a reported $137.5 million in cash and stock in 1999 for the rights to his name.
| Net worth | $200 million (estimate) |
|---|---|
| Born | January 10, 1949, Marshall, Texas |
| Died | March 21, 2025 |
| Country | United States |
| Known for | Winning the heavyweight world title twice and lending his name to the George Foreman Grill |
| Main income sources | The grill buyout and royalties, boxing purses, endorsements |
How much is George Foreman worth in 2026?
We estimate George Foreman’s net worth at the time of his death at about $200 million. The buyout is well documented at $137.5 million, and he said earlier that some months of grill royalties paid him around $8 million. Estimates of his total grill income range from about $200 million to $300 million, which is more than he made in the ring. Later brand deals and boxing purses add to it, though he spent heavily on ventures and family. Estimates vary because royalty totals were never published, so the figure is approximate.
How George Foreman built it
- Won the title twice. He took the heavyweight world title in the 1970s and again in 1994.
- Put his name on a grill. The maker paid him a reported $137.5 million in 1999 for the rights to his name.
- Kept earning royalties. He said some months of grill royalties paid him around $8 million.
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Get the Alux appGeorge Foreman’s legacy and business after 2025
- March 2025: Foreman died aged 76, the family announced.
- Ongoing: The George Foreman Grill remains on sale under his name.
- Legacy: His grill deal is still cited as one of sport’s best-known licensing results.
How George Foreman makes money
- Grill royalties: Payments tied to sales of the grill, at times reported around $8 million in a month.
- Name buyout: $137.5 million in cash and stock in 1999 for the rights to his name.
- Boxing purses: Fees from championship fights in the 1970s and from his comeback in the 1990s.
- Other endorsements: Advertising and branding work through the 1990s and 2000s.
What George Foreman teaches (and what to take from it)
Foreman’s second career offers lessons about reinvention.
- Say no first, then test. He first refused to put his name on the grill. After testing the product he agreed. Before you reject an opportunity, spend one hour trying it.
- Own the likeness. Selling his name for a fee, with a buyout, funded the rest of his life. Keep a record of what intellectual property you create at work.
- Come back with a new approach. He returned to boxing in his forties and won the title again. Pick a thing you have dropped and rewrite how you approach it.
- Be the friendly face. His warmth made the brand work. Greet the next five people you work with by name.
Career timeline
- 1968: Won an Olympic gold medal in boxing.
- 1973: Won the heavyweight title.
- 1994: Won the title again at 45.
- 1994: Began endorsing the grill, which launched widely in the mid-1990s.
- 1999: Salton paid $137.5 million for the rights to his name.
- March 2025: Died aged 76.
Early life and background
Foreman was born in 1949 in Marshall, Texas, and grew up in Houston. He took up boxing as a teenager and won an Olympic gold medal in 1968.
George Foreman net worth FAQ
What was George Foreman’s net worth?
George Foreman’s net worth at the time of his death was estimated at $200 million. Royalty totals were never published, so this is an estimate.
How did George Foreman make money?
Mostly from the George Foreman Grill, plus boxing purses and endorsements.
How old was George Foreman?
George Foreman was born on January 10, 1949, and died in March 2025 at 76.
What was George Foreman known for?
He was known for being a two-time heavyweight world champion and for the grill that carried his name.
How much did George Foreman make from the grill?
The company paid him $137.5 million in 1999 for the rights to his name, and estimates of his total grill income range from about $200 million to $300 million.
How is George Foreman’s net worth estimated?
We start from the documented buyout, add royalties, boxing income and later deals, then subtract tax and spending. It is approximate.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: October 2026.