What is Don King's Net Worth Today – Don King is a wealthy American businessman with a fortune of $150 million. Don King is widely considered one of the world's most prominent and successful boxing promoters. He was frequently in the news for his distinct appearance and controversial actions.
Don King has represented Muhammad Ali, Mike Tyson, George Foreman, Evander Holyfield, Larry Holmes, Julio César Chávez, Andrew Golota, Félix Trinidad, Roy Jones Jr., and Marco Antonio Barrera during his career.
Who is Don King?
Don King was born in Cleveland, Ohio on August 20, 1931. He attended Kent State University after high school but dropped out soon after. To say the least, King's early involvement in organized sports was dubious. He initially ran an illegal bookmaking enterprise out of the basement of a record store, but this was put on hold when King was sentenced to death for murder.
Don King spent the majority of his time in prison reading and self-educating. King would eventually win a full pardon for his crimes, but only after being freed from prison for several years. Numerous high-profile persons filed letters to the courts in support of King, which likely aided in “cleaning up” his reputation.
How much does Don King make per year?
King earns an estimated salary of $12 Million annually.
What investments does Don King have?
There is no information available with regard to Don's investments aside from his career as a boxing promoter.
King's breakthrough came in 1974, when he arranged a record-breaking $10 million purse for the highly anticipated boxing match between George Foreman and Mohammed Ali. The bout, dubbed “The Rumble in the Jungle,” was held in Zaire, Africa. Don King's ability to negotiate the purse with the government of Zaire was one of the reasons he was able to reign supreme over other rival promoters.
King promoted another of Ali's fights in 1975, this time against Chuck Wepner. Although many people expected Ali to win against Wepner, the underdog managed to knock Ali out. The journeyman was knocked out in the final seconds of the fight, which was fortunate for Ali and King.
How many brands and Endorsement deals does Don King have?
His brand, which includes his popular basketball sneaker with Nike, along with endorsement deals with Gatorade, Hanes, and Upper Deck have contributed to his net worth and earnings.
How many Philanthropy works has Don King supported?
King enjoys charitable work but prefers to keep it hidden. He has always displayed a generous side towards charity, funding numerous organizations that assist diverse causes.
How many businesses does Don King own?
Don King is a wealthy American businessman with a fortune of $150 million. Don King is widely considered one of the world's most prominent and successful boxing promoters. He was frequently in the news for his distinct appearance and controversial actions.
Don King has represented Muhammad Ali, Mike Tyson, George Foreman, Evander Holyfield, Larry Holmes, Julio César Chávez, Andrew Golota, Félix Trinidad, Roy Jones Jr., and Marco Antonio Barrera during his career.
