Evander Holyfield Net Worth

Evander Holyfield Net Worth and Career Earnings

Evander Holyfield is a retired American professional boxer who has a net worth of $1 million. Despite earning over $230 million during his career, Holyfield has faced severe financial problems. He lost his longtime home to foreclosure in 2008 and was forced to sell off most of his assets to pay down debts.

Biography

Evander Holyfield was born on October 19, 1962, in Atmore, Alabama, and grew up in the crime-ridden Bowen Homes Housing Projects in Atlanta, Georgia. He started boxing at the age of seven and quickly made a name for himself, winning the Boys Club Boxing Tournament. Holyfield represented the United States in the 1983 Pan American Games and won a silver medal, qualifying for his first Olympics.

What is Evander Holyfield known for?

Evander Holyfield is best known for his achievements as a professional boxer. He fought in the Heavyweight, Cruiserweight, and Light-Heavyweight Divisions and won a Bronze medal at the 1984 Olympic Games. Holyfield was an Undisputed Champion in both the Heavyweight and Cruiserweight Divisions, earning him the nickname “The Real Deal.”

Early life and education

Holyfield was born into a large family and was the youngest of nine children. His family moved to Atlanta, where he grew up in a tough neighborhood. He began boxing at a young age and showed immense talent from the start. By the time he was 15, he had already become the Southeastern Regional Champion and won the Best Boxer award.

Career

In 1984, Evander Holyfield made his professional boxing debut at the age of 21. He quickly climbed the ranks and became the Undisputed Cruiserweight Champion, winning the Lineal, IBF, and WBC titles. Holyfield then moved up to the heavyweight division and achieved his first win as a heavyweight in 1988, defeating Buster Douglas for multiple titles.

Throughout his career, Holyfield faced top opponents such as George Foreman, Larry Holmes, Mike Tyson (twice), and Lennox Lewis. He became the only four-time World Heavyweight Champion and held various titles in different years. Holyfield’s career record includes 44 wins (29 knockouts), 10 losses, and two draws. He was inducted into the International Boxing Hall of Fame in 2017.

Achievements

Evander Holyfield’s list of achievements in boxing is impressive. Aside from being a four-time World Heavyweight Champion, he won medals during the Olympics and various titles in multiple weight divisions. He is widely regarded as one of the greatest boxers of all time and is ranked among the top pound-for-pound fighters in history.

Other Ventures

Outside of boxing, Holyfield has explored various ventures. He founded Real Deal Records and signed successful groups like Exhale. In the ’90s, Holyfield appeared in numerous commercials for brands like Coca-Cola and Diet Coke. He also endorsed restaurant chain Zaxby’s.

Holyfield made appearances in movies such as “Summer of Sam,” “Necessary Roughness,” and “Blood Salvage.” In 2005, he participated in the reality TV show “Dancing with the Stars” and finished in fifth place. Holyfield has also been a guest on several television programs and even appeared on “Celebrity Big Brother” and the Argentine reality dance show, “Bailando.”

Personal Life

Evander Holyfield has been married multiple times and has a total of 11 children. He has faced controversies and legal issues throughout his personal life, but he remains a prominent figure in the world of boxing.

Evander Holyfield Money Issues

Despite his successful career and millions of dollars in earnings, Evander Holyfield has faced significant financial problems. He lost his mansion, which was worth over $1 million per year to maintain, to foreclosure in 2008. Holyfield has also owed substantial amounts in back taxes to the IRS. Over the years, he has been forced to sell off many of his prized possessions, including his Olympic bronze medal and championship memorabilia, to cover his debts.

Evander Holyfield’s story serves as a cautionary tale about the importance of financial management. Despite his professional achievements and once sizable fortune, he found himself in dire straits. Holyfield’s legacy as one of boxing’s greatest fighters is undoubtedly overshadowed by his monetary challenges. However, his determination and talent inside the ring will forever be remembered.