To Top

Don King Net Worth

Flamboyant appearances, organizing spectacular boxing matches, controversy, and even conflicts with the law…only one person can respond to this description: Don King. The famed boxing promoter was born in Cleveland, Ohio in 1931 and showed an early penchant for making money from sports events.

Don King Net Worth - $150 Million

Birth Name - Donald "Don" King
Date of birth - August 20, 1931
Zodiac Sign - Virgo
Birth Place - Cleveland, Ohio, U.S.
Nationality - American
Height - 6′ 2″
Profession - Actor, Promoter

After dropping out of the Kent State University, Donald King started an illegal bookmaking operation from the basement of a record store. The illegal operation continued until 1966, after King was convicted for the murder of an employee who owed him $600. King’s final conviction was reduced to non-negligent manslaughter and he served less than 4 years in prison.

Don King Enters the Boxing Promoting Business and Writes History: Freshly out of prison, Don King joins forces with a local Cleveland boxing promoter, Don Elbaum, who already had a roster of boxers and even first-hand experience as a former boxer. King’s breakthrough came when he convinced the legendary boxer Muhammad Ali to fight in a charity match for a Cleveland hospital.

After this initial collaboration with Ali, Don King managed to arrange the most iconic boxing match ever seen at that age: the Rumble in the Jungle between Muhammad Ali and George Foreman, arranged to take part in Zaire with the financial support of the local government. The prize negotiated by King with the Zaire government was an unattainable record for the time: $10 million.

The Next Legendary Stint: The Thrilla in Manila: Don King was quick to understand the value of celebrity names, lavish presentation and building a spectacular PR campaign for boxing matches. Once can say that King brought boxing into the era of glamour and exorbitant prizes.

After the 1974 Rumble in the Jungle, King applied the same formula next year and organized a spectacular match in Manila, the capital of the Philippines, between Muhammad Ali and George Frazier. The Thrilla in Manila show established Don King’s reputation as a top level boxing promoter with a nose for big money.

During the latter 1970s and until the mid 1990’s, Don King added a lot of legendary names in professional boxing to his roster: Wilfred Benitez, Evander Holyfield, Mike Tyson, Bernard Hopkins, Ricardo Lopez and Felix Tridindad among many others.

During the 1980s, King even tried his hand at music promotion, by managing The Jackson’s Victory Tour in 1984 – a financial failure and a complete disappointment for the famous Jackson brothers.

The significant Don King net worth estimated at $150 million at the present was considerably diminished by the many lawsuits he was involved in. Many of the boxers he promoted sued him for being cheated of their prizes and, in many cases, King preferred to settle out of court. Currently, Don King is a widower and has three children: Debbie, Carl and Eric.

More in Celebrities

  • Angus Young Net Worth

    Angus Young is actually a Scottish-born Australian guitarist who may have a net value of $140 million. Angus was born in March 31, 1955 in Glasgow, Scotland. They are most popular as a co founder associated with Australian rock that is hard AC/DC. Teenage is acknowledged for his extremely full of energy performances, schoolboy-uniform level

  • Piers Morgan Net Worth

    Piers Stefan Pughe-Morgan (born Piers Stefan O'Meara; 30 March 1965), known as Piers Morgan, is a British Journalist, TV Personality, Author, Talk show host currently working as the US editor-at-large for Mail Online. Morgan is the editorial director of First News, a national newspaper for children published in the UK. Piers Morgan Net Worth -

  • Lisa Vanderpump Net Worth

    Lisa Vanderpump is involved in several business sectors and projects. She is currently part of the reality show “The Real Housewives of Beverly Hills” (or “Vanderpump rules”) that revolves around her restaurant in West Hollywood, SUR. She is also a member of the production team. In the show, she stars alongside Kim Richards, Andy Cohen,

  • Joel Osteen Net Worth

    Joel Osteen, the American Christian priest and author, was born in 1963, in Texas. John Osteen, his father, was a pastor and one of the founders of Lakewood Church, where Joel currently preaches. He has a brother and three sisters, all involved in the evangelical work. Joel Osteen Net Worth - $40 Million Birth Name

  • Joan Rivers Net Worth

    The actress, comedian, producer, writer and television host Joan Rivers was born on June 8, 1933, in Brooklyn, New York. Her real name is Joan Alexandra Molinsky. Her family then moved to Larchmont, Westchester County, where the little Joan was raised. From 1950 to 1952, she attended Connecticut College, but graduated from Barnard College. She

  • JK Rowling Net Worth

    Joanne “Jo” Rowling is a British novelist, the prolific author of the Harry Potter series of fantasy novels. She was born in Yate, Gloucestershire, on July 31, 1965. Besides being a novelist, Rowling is also a film producer and screenwriter. The pen names she used were J.K. Rowling and, occasionally, Robert Galbraith. JK Rowling Net

  • Jimmy Kimmel Net Worth

    James Christian “Jimmy” Kimmel was born on November 13, 1967 in Brooklyn, New York. He is a television host, comedian, writer, producer, musician, voice actor and radio personality. His current salary is $10 million per year, and his net worth is $35 million. Jimmy Kimmel Net Worth - $35 Million Birth Name - James Christian

  • Jimmy Fallon Net Worth

    Jimmy Fallon – James Thomas Fallon by his real name – was born in Brooklyn, New York, on September 19, 1974. He lived his childhood in Saugerties, New York. Growing up catholic, Jimmy first intended to become a priest, but his life took a different turn. Jimmy Fallon Net Worth - $25 Million Birth Name

  • Guy Fieri Net Worth

    An Italian great-grandfather and a student exchange program to France have shaped the life and career of one of the best known celebrity chefs: Guy Fieri – net worth $8.5 million. Born Guy Ramsay Ferry in Ferndale, situated in rural California, Guy Fieri discovered his taste for good food and cooking during a Foreign Student