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What is Muhammad Ali Net Worth?

“How much money did the great boxer, Muhammad Ali have before his death?”, his net worth was estimated to be around $50 million. He made his fortune in prize fighting, endorsements and other business investments.

Early Life of Muhammad Ali Net Worth

Muhammad Ali was born as Cassius Marcellus Clay Jr. on January 17, 1942 in Louisville Kentucky. As a little boy he had always dreamt of being a heavyweight champion, thus began boxing at twelve years old.

Start of Career

Ali started his career by winning his first fight against an amateur rival in 1954. From then on things started looking up for him as he won the Golden Gloves championship in 1959.

Professional Career Beginnings

Ali became a professional fighter after he won gold at the Rome Olympics in the light heavyweight division in 1960. He quickly became crowd’s favorite due to his distinctive style and personality.

Championship Titles

Ali captured his first world heavyweight title beating Sonny Liston in their rematch of 1964. In addition, he won it two more times during the periods of 1974-5 and 1978-79 respectively.

Career Earnings and Salary

Career Earnings Breakdown

His earnings came from both fights such as “Fight of the Century” against Joe Frazier that earned him multi-millions.

Career Highlights

Notable Fights and Wins

Education

Despite having a busy boxing schedule Ali valued education and self-improvement. He had a good mind with quick wit.

Business Ventures

Ali engaged in various business ventures such as investments in real estate, restaurants and merchandising. Even after his death, his franchise remains powerful.

International Career

Ali was not only a star in the US but also internationally. The fight between him and George Foreman in Zaire called the “Rumble in the Jungle” went down history books.

Endorsements

To boost his net worth Ali endorsed many products including sports equipment and foodstuffs among others.

Legal Issues

Ali had to face legal issues especially concerning his refusal to be drafted into Vietnam war on religious grounds which resulted into temporary ban from boxing.

Personal Life

He married four times with nine children. His life off the ring was just as vibrant as it was inside the ring.

Married Life

Marriages

Family and Children

Among his nine children is Laila Ali who later became a professional boxer like her father Muhammad Ali.

Real Estate

His property portfolio is quite diverse, revealing different types of valuable assets. For example, one such property is a sprawling 1,140-acre farm situated in Michigan. This kind of farm is vast and likely used for extensive agricultural activities, which could range from crop cultivation to livestock rearing. Such a large piece of land can produce substantial financial returns and also holds significant value in terms of real estate.

Awards and Achievements

Major Awards

Conclusion

Conclusion Muhammad Ali’s net worth reflects an extraordinary career, smart business moves, and global brand that has stood the test of time. He remains one of boxing’s greatest legends whose legacy will always be remembered forever