Which fighters held onto their money?

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


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  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
     
    blackfella96, Apr 21, 2020
    blackfella96, Apr 21, 2020
    #46
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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.
     
    Charles White, Apr 22, 2020
    Charles White, Apr 22, 2020
    #47
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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.
     
    BEATDOWNZ, Apr 22, 2020
    BEATDOWNZ, Apr 22, 2020
    #48
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  4. BEATDOWNZ

    BEATDOWNZ Boxing Addict banned Full Member

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    Joe lost a fortune on property.
     
    BEATDOWNZ, Apr 22, 2020
    BEATDOWNZ, Apr 22, 2020
    #49
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  5. BEATDOWNZ

    BEATDOWNZ Boxing Addict banned Full Member

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    Hopkins is the same. Always rambling on.
     
    BEATDOWNZ, Apr 22, 2020
    BEATDOWNZ, Apr 22, 2020
    #50
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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!
     
    BEATDOWNZ, Apr 22, 2020
    BEATDOWNZ, Apr 22, 2020
    #51
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  7. BEATDOWNZ

    BEATDOWNZ Boxing Addict banned Full Member

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    Some great info there. Thanks!
     
    BEATDOWNZ, Apr 22, 2020
    BEATDOWNZ, Apr 22, 2020
    #52
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  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.
     
    zadfrak, Apr 22, 2020
    zadfrak, Apr 22, 2020
    #53
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  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!
     
    AwardedSteak863, Apr 22, 2020
    AwardedSteak863, Apr 22, 2020
    #54
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  10. NoNeck

    NoNeck Pugilist Specialist

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    The internet says he still has over 20 million though.
     
    NoNeck, Apr 22, 2020
    NoNeck, Apr 22, 2020
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  11. NoNeck

    NoNeck Pugilist Specialist

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    Vargas also had money issues. I think he does okay now though.
     
    NoNeck, Apr 22, 2020
    NoNeck, Apr 22, 2020
    #56
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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.
     
    Dubblechin, Apr 22, 2020
    Dubblechin, Apr 22, 2020
    #57
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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
     
    BundiniBlack, Apr 22, 2020
    BundiniBlack, Apr 22, 2020
    #58
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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...
     
    BEATDOWNZ, Apr 22, 2020
    BEATDOWNZ, Apr 22, 2020
    #59
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  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.
     
    BEATDOWNZ, Apr 22, 2020
    BEATDOWNZ, Apr 22, 2020
    #60
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