How much does Muhammad Ali worth?
Net worth $80 million
Place of Birth Louisville, Kentucky
Born January 17, 1942
Full name Muhammad Ali
Spouse Lonnie Ali
Education Central High School (1958)
Parents Cassius Marcellus Clay Sr. and Odessa Grady Clay
Occupation Professional Boxer
Books The Soul of a Butterfly
Siblings Rahman Ali(Brother)
When we make a list of the best sportsmen then the name of Muhammad Ali cannot be excluded. Muhammad Ali is a famous boxer, social, and philanthropist. The considerable idea about Muhammad Ali net worth is around $80 million, as of 2021. Muhammad Ali has been experiencing several incidents of discrimination.
At the age of 12, when the bike of Muhammad was stolen then he decided to beat the thief. During his fight against Joe Frazier in 1971, he earned $2.5 million. That was the biggest paid day of his life.
At the end of his career, he fought two fights that he defeated. In 1980, Ali defeated by Larry Holmes and in 1981 he was defeated by Trevor Berbick.
Early Life and Biography
Muhammad Ali was a famous professional boxer who was born on January 17, 1942, in Louisville, Kentucky. The prior name of Muhammad Ali was Cassius Marcellus Clay Sr., but after embracing Islam his name was changed. The profession of his father was to paint Billboards signs.
During his early life, he attended Central High School in Louisville. Muhammad Ali was famous because he struggled hard in his career. He was segregated during his life and once he was rejected to give a bottle of water at the store.
Awards and Achievements
The first fight was in 1954 that he won. Muhammad also won the Golden Gloves Tournament and following this winning he won the National Golden Gloves Tournament of Champions. The name of the Light Heavyweight gold medal in the 1960 Summer Olympics in Time was also named on Muhammad Ali’s name.
There was a rematch between Muhammad Ali and Norton, and Muhammad won this fight in an immediate rematch.
There are almost 53 wins and 3 losses in the life of Muhammad Ali. Ali knocked out Sonny Liston in 1964. The fight with Joe Frazier has been dubbed as the “Match of The Century” by many fans.
The Reason for Ali’s popularity and Major Achievements
The first taste of universal fame that he tasted was in 1960 and at that time he has not converted himself into Islam. Muhammad won a spot on the Olympic boxing team and also won the light heavyweight Olympic gold medal.
When Muhammad was in the ring then people were very astonished by the speed of his fancy footwork.
The amazing record of his career includes 56 wins and 3 losses. But bear in mind that we cannot encompass every achievement he achieved. Some famous fights in the history made him to earn fame in his career. Here, we are describing some major important events and fights of his life.
- Muhammad became the heavyweight champion of the world for the first time when he defeated Sonny Liston in 1964. In the same year, he became Muslim and changed his name called as Muhammad Ali.
- Many of his fans dubbed the match between Muhammad Ali and Jor Frazier as the “Match of The Century”. There were 12 hard rounds, and Ali was defeated after winning 31 fights in a row. That fight was fought in 1971.
- In 1974, Ali fought with George Foreman and won the title of the world’s heavyweight champion. Ali showed great spells in this fight.
- Ali has been the best boxer in the world who had won the heavyweight champion title three times. When he won the 3rd title, then he fought with Leon Spinks in 1978.
When Muhammad Ali defeated for the 3rd time then he decided to retire himself from the Boxing career. Ali retired at the age of 39, after a defeat for the third time in his whole career. By this time, he had become one of the famous boxers in the 20th century.
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There is no doubt that Ali was a social activist and an anti-war hero. The best example is the rejection of fighting the Vietnam war. Although this rejection cost him his titles and boxing license, but he was struck with his commitment to the promise. He delivered lectures all across the country. Ali was in the favor of Blacks, and he tried to give the proper rights to the Blacks.
“Float like a butterfly, sting like a bee.”
“Don’t count the days, make the days count.”
“Service to others is the rent you pay for your room here on earth.”
“I done wrestled with an alligator, I done tussled with a whale; handcuffed lightning, thrown thunder in jail; only last week, I murdered a rock, injured a stone, hospitalised a brick; I’m so mean I make medicine sick..”
“The fight is won or lost far away from witnesses – behind the lines, in the gym, and out there on the road, long before I dance under those lights..”
What are the best Qualities of Muhammad Ali?
There is no doubt that the major achievements in the life of any “Hero” are due to his excellent qualities. The same is the case with Muhammad Ali who had charming and brilliant qualities as a professional Boxer.
Here, we are going to enlist some of the major qualities in his personality due to which he became a prominent figure in his career and age.
There is an obvious fact that when a person who do something with passion then he really makes success in his life. There was a commitment and determination in the personality of Muhammad Ali. When he made up his mind to achieve something then he used to chase that thing with full determination and passion.
The philosophy in his life was to fight back even you are fallen, but you should bounce back with full commitment. The same philosophy he used to follow and apply in his career. The passion with which he used to follow the things made him an excellent boxer in the world.
Ali was famous as the best boxer of his time among his fans. There is no doubt that he had the brilliant boxing skills and he used to play with his rivals before the game began. After having this attitude, he used to defeat his opponent when he entered in the ring. So we can say that half of the game he used to win before starting the real game.
Although, Ali was a great boxer and he also used his words to persuade the people. His words had such quality that people used to listen him, and turned their attention towards him when he started speaking. Once he said that he floats like a butterfly and stings like a bee. Due to all these things, people used to be his fans and appreciated his every move in the ring.
How much is Muhammad Ali net worth?
The estimated idea about Muhammad Ali net worth is around $80 million, as of 2021. Ali is the first boxer in history to earn almost $1 million for a single fight against Jack Dempsey. The fight against Joe earned him almost $2.5 million.
There is no doubt that Ali was a famous tricky boxer in history. Ali used to defeat every fight against him. The only two fighters that he lost was at the end of his career that was with Larry Holmes in 1980, and in 1981 he defeated by Trevor Berbick.
Some qualities of a boxer make him an elegant figure in the world. Muhammad Ali was also a such player who had wonderful qualities.
Muhammad Ali was also a social activist and a philanthropist. The estimated idea about Muhammad Ali net worth is around $80 million, as of 2021. In the end of his career, Ali defeated by Larry Holmes and Trevor Berbick.
Muhammad Ali famous Books
There are several famous books of Muhammad Ali those are writing during his career life. Some of the list down:
- I Am The Greatest! Album – 1963
- The Greatest: My Own Story – 1975
- Muhammad Ali In His Own Words – 1975
- Ì’m the Greatest ̀: The Wit and Humour of Muhammad Ali – 1975
- Muhammad Ali and Sri Chinmoy – 1976
- Black Crusoe, White Friday: Memoirs of “Paddy-Ali” – Irish Eccentric Muhammad Ali – 1979
- Ali: Journey of a Holy Man Muhammad Ali – 1999
- More Than a Hero: Muhammad Ali’s Life Lessons Presented Through His Daughter’s Eyes – 2000
- I Am the Greatest: The Best Quotations from Muhammad Ali – 2002
- The Soul of a Butterfly – 2003
- Eternal Longings: Historical Novel Muhammad Ali – 2006
- Knockout: The Art of Boxing – 2007
- Think Only Whites Are Racist? Think Again! A Blackman’s Perspective Muhammad Ali – 2007
- Cowards and Angels Muhammad Ali – 2012
- Muhammad Ali Unfiltered: Rare, Iconic, and Officially Authorized Photos of the Greatest – 2016
- His Side Her Side: Our Story of Domestic Violence and Forgiveness Muhammad Ali – 2016
- Fighting Words: The Greatest Muhammad Ali Stories Ever Told – 2016
How much has Muhammad Ali earned from his career life?
The overall career earnings from his entire life are about $60 million. The best-paid days include the $2.5 million in 1971 and that fight was against Joe Frazier. When he fought against George Foreman, he earned almost $5.45 million in 1974. There was an amount of almost $7.8 million in 1980 against Larry Holmes.
It reported that in 2006, Ali sold the rights t in his name and image for almost $50 million. There was 20% interest in Ali in his licensing. There was an amount of almost $7 million per year in revenue from that interest.
Amateur Boxing Career
Clay had a liking towards fighting and watching a boxing show on TV further boosted his interest. In 1954, Clay eventually made his amateur boxing debut.
He went on to won his debut fight. Clay had amazing success in amateur boxing as he won 100 fights with only 5 losses.
In 1960, Clay appeared in Rome Olympics and he won the light heavyweight title.
Professional Boxing Career
In October 1960, Clay made his professional boxing debut. He also won his debut professional boxing fight. After this, he won 19 fights in a row from 1960-63.
These wins included 15 wins by knockouts. Since the start of his career, Clay got famous for his verbal sledging over his opponents.
In 1964, Clay defeated the then heavyweight champion Sonny Liston. An year later, he challenged Floyd Patterson and was able to defend his title.
After this fight, Clay established his own promotion company, Main Bout. In addition to U.S, Clay also went on to play in Europe and Canada and won several fights there.
Conversion to Islam
In 1964, Clay announced his conversion to Islam and he changed his name to Muhammad Ali. Due to his conversion, he had to face very difficult times.
Because of his religious beliefs, Ali refused to be drafted into military and he had to pay heavily for this refusal. He was sentenced to five years in prison and a $10,000 fine.
However, he paid the fine and went into the appeal against this verdict. Consequently, he was banned from boxing in every American state and his passport was blocked.
However, this oppression couldn’t divert him from his righteous path. Ali strongly protested against the involvement of U.S in Vietnam War and social injustice against the African-Americans. Ultimately, in 1971 the verdict against him was overturned by the Supreme Court.
Return to the Ring
After his victory in the court, Ali returned to the ring with a new zeal. But the start of his comeback was not that he would have liked the most. He lost a famous fight to Joe Frazier.
However, Ali took his revenge in a second fight against Joe Frazier which he won unanimously.
After his comeback, he went on to win several fights and that was the time when he was one of the highest-paid athletes in the world. Consequently, Muhammad Ali net worth was about $ 50 million at the time of his death.
Retirement from Boxing
Towards the later part of his career, Ali developed Parkinson’s syndrome and this led to his retirement. For the last time Ali fought on December 11, 1981but he lost the fight in the 10th round.
In addition to Ali’s amazing success in boxing ring, he also got appreciable success in the fields of music and film. He released his two autobiographies and also tried his luck on rap music. For his music he received two nominations for Grammy Awards.
Muhammad Ali Death
In New Delhi, Muhammad Ali, the great boxer celebrated his birthday on 17 January every year. But this year before he celebrates his birthday, he dies on the 3rd of June 2016 of septic shock.