Which fighters held onto their money?

Discussion in 'Classic Boxing Forum' started by BEATDOWNZ, Apr 21, 2020.



  1. blackfella96

    blackfella96 Active Member Full Member

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    Holyfield lost all his money. Bad business deals, bad spending, no advice and loads of child support
     
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  2. Charles White

    Charles White Chucker Full Member

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    I'm sure he has been mentioned, but Lennox Lewis is worth a fortune still.

    Also, I believe I heard that Gerry Cooney lives a comfortable life as well. Not rich, but very comfortable.

    Didn't Bruce Seldon invest his money in some sort of pension plan that pays him $30,000 a year for life or something like that? $30k combined with whatever income he earns on top of that could make for a comfortable living.
     
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  3. BEATDOWNZ

    BEATDOWNZ Boxing Addict banned Full Member

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    Didn't Tito get fleeced by his accountant? It was him or Vargas.
     
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  4. BEATDOWNZ

    BEATDOWNZ Boxing Addict banned Full Member

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    Joe lost a fortune on property.
     
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  5. BEATDOWNZ

    BEATDOWNZ Boxing Addict banned Full Member

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    Hopkins is the same. Always rambling on.
     
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  6. BEATDOWNZ

    BEATDOWNZ Boxing Addict banned Full Member

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    Always wondered about him, so that's good to hear!
     
  7. BEATDOWNZ

    BEATDOWNZ Boxing Addict banned Full Member

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    Some great info there. Thanks!
     
  8. zadfrak

    zadfrak Boxing Junkie Full Member

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    Interstingly, the South African heavies did well----Sanders did very very well. So did Knoetze and DuPlooy.
     
  9. AwardedSteak863

    AwardedSteak863 Boxing Addict Full Member

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    Yeah I was just reading about that. I guess it just happened a couple of years ago. Crazy!
     
  10. NoNeck

    NoNeck Pugilist Specialist Full Member

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    The internet says he still has over 20 million though.
     
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  11. NoNeck

    NoNeck Pugilist Specialist Full Member

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    Vargas also had money issues. I think he does okay now though.
     
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  12. Dubblechin

    Dubblechin Obsessed with Boxing Full Member

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    Unfortunately for Michael Spinks, he made $24 million in his career and just gave it all to Butch Lewis to "manage" for him.

    Lewis paid for Spinks' home. Paid Spinks' bills. And Lewis sent Spinks a check for $6,000 a month for spending money. Michael was happy with the arrangement. He lived a pretty normal life after boxing.

    When Lewis died, Spinks was notified that Lewis had basically just pooled his money in with Butch's money, and there were no separate accounts. It was all Butch's money. And Spinks wasn't included in Butch's will.

    So Butch's girlfriend hired a former judge and head of Black Entertainment Television to represent her and stopped all payments to Spinks.

    That was nine years ago. Don't know how he's doing now.
     
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  13. BundiniBlack

    BundiniBlack Well-Known Member Full Member

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    Robert Garcia for sure made waaaaaay more $ as a trainer than as a fighter
     
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  14. BEATDOWNZ

    BEATDOWNZ Boxing Addict banned Full Member

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    Damn! Shame, but talk about naivety. Butch's other half was a POS then...
     
  15. BEATDOWNZ

    BEATDOWNZ Boxing Addict banned Full Member

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    Apparently retired with £20M and put half into property abroad around 2006/7, which tanked with the recession.

    Read that in an old Boxing News/Monthly.
     
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