George Foreman

George Foreman’s shot to stardom began when he started competing in boxing competitions between 1969 and 1997. He got the nickname “Big George,” became a two-time world heavyweight champion, and an Olympic gold medallist. With these achievements, many would think the 71-year-old personality already had a stable life. However, Foreman experienced different degrees of highs and lows in his career. He has been selected into the World Boxing Hall of Fame and International Boxing Hall of Fame. The International Boxing Research Organization named the foreman the eighth heavyweight in history.

Indeed, he used to bring home a lot of money, but those days were gone. After he retired from the sport in the 1970s, his income started to dwindle, eventually losing his fortune. In 1983, Foreman filed for bankruptcy. He managed to get back on track again after getting a lucrative endorsement deal by selling grills. From then on, Foreman’s net worth started to increase once more.