How Much Is Larry Holmes Worth?
Larry Holmes, a former professional boxer, is widely regarded as one of the greatest heavyweight champions of all time. Known for his exceptional jab and dominant reign in the ring, Holmes had an illustrious career that spanned over three decades. With his many achievements and numerous accolades, it is no wonder that fans and followers often wonder about his net worth. In this article, we will explore just how much Larry Holmes is worth, along with five interesting facts about his life and career.
1. Net Worth of Larry Holmes:
As of 2021, Larry Holmes has an estimated net worth of $18 million. Throughout his career, Holmes earned significant sums of money through his boxing matches, endorsements, and business ventures. His most lucrative fight was against Muhammad Ali in 1980, where he earned a record-breaking $8.8 million. Additionally, Holmes made smart investments, including real estate, which has contributed to his overall wealth.
2. Boxing Career Highlights:
Larry Holmes had an impressive boxing career, with a record of 69 wins (44 by knockout), 6 losses, and 0 draws. He became the WBC heavyweight champion in 1978 after defeating Ken Norton and successfully defended the title 19 times, the second-longest streak in heavyweight history. Holmes’ most notable victories include wins against Muhammad Ali, Gerry Cooney, and Earnie Shavers.
3. Entrepreneurial Ventures:
Beyond his boxing career, Larry Holmes has ventured into various business endeavors. He established his own boxing promotion company, Holmes vs. Cooney Promotions, in the 1980s. Holmes also owned a restaurant in Easton, Pennsylvania, called Ringside Restaurant, which he later sold. These entrepreneurial ventures have added to his net worth and allowed him to diversify his income streams.
4. Philanthropy and Community Work:
Larry Holmes is known for his philanthropic efforts and dedication to his community. He has been actively involved in various charitable causes, including supporting youth programs and organizations that help disadvantaged individuals. Holmes has also contributed to the development of his hometown, Easton, Pennsylvania, through initiatives such as the Larry Holmes Drive project.
5. Legacy and Recognition:
Larry Holmes’ accomplishments in the boxing world have earned him widespread recognition and respect. In 2008, he was inducted into the International Boxing Hall of Fame. Holmes’ legacy as a skilled and dominant heavyweight champion continues to inspire aspiring boxers to this day.
Common Questions about Larry Holmes:
1. How tall is Larry Holmes?
Larry Holmes stands at 6 feet 3 inches (1.91 meters) tall.
2. What is Larry Holmes’ nickname?
Larry Holmes’ nickname is “The Easton Assassin.”
3. When was Larry Holmes born?
Larry Holmes was born on November 3, 1949, in Cuthbert, Georgia, United States.
4. How many knockouts did Larry Holmes have?
Larry Holmes had a total of 44 knockouts throughout his professional boxing career.
5. Did Larry Holmes ever fight Mike Tyson?
Yes, Larry Holmes fought Mike Tyson on January 22, 1988, but lost the fight by knockout in the fourth round.
6. Who did Larry Holmes defeat to win his first heavyweight title?
Larry Holmes defeated Ken Norton on June 9, 1978, to win his first heavyweight title, the WBC championship.
7. How many times did Larry Holmes defend his heavyweight title?
Larry Holmes successfully defended his heavyweight title 19 times, which is the second-longest streak in heavyweight boxing history.
8. How much did Larry Holmes earn from his fight against Muhammad Ali?
Larry Holmes earned a record-breaking $8.8 million from his fight against Muhammad Ali in 1980.
9. Is Larry Holmes still involved in boxing promotions?
No, Larry Holmes is no longer involved in boxing promotions. He sold his company, Holmes vs. Cooney Promotions, in the 1980s.
10. What is the Larry Holmes Drive project?
The Larry Holmes Drive project is an initiative led by Larry Holmes to revitalize his hometown, Easton, Pennsylvania, through infrastructure and community development.
11. Has Larry Holmes ever made a comeback in boxing?
Yes, Larry Holmes made a brief comeback in boxing, returning to the ring in 1991 and 1992 for a few fights before retiring for good.
12. Did Larry Holmes ever win an Olympic gold medal?
No, Larry Holmes did not win an Olympic gold medal. He turned professional after failing to qualify for the 1972 Olympics.
13. What is Larry Holmes’ overall professional boxing record?
Larry Holmes’ overall professional boxing record is 69 wins, 6 losses, and 0 draws.
14. How much is Larry Holmes worth today?
As of 2021, Larry Holmes has an estimated net worth of $18 million.
In conclusion, Larry Holmes, with his remarkable boxing career and successful business ventures, has accumulated a net worth of $18 million. As one of the greatest heavyweight champions in history, Holmes’ accomplishments and contributions to the sport continue to be remembered and celebrated. With his philanthropic efforts and dedication to his community, Holmes has left a lasting impact both inside and outside the ring.
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