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Bob Arum Net Worth, Biography, Wiki in 2017-2016

How rich is Bob Arum?

Bob Arum net worth:
$200 Million

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Bob Arum Net Worth, Biography, Wiki 2017-2016

Robert Arum was born on the 8th December 1931, in New York City, USA of Jewish ancestry. He is a boxing promoter, lawyer and businessman, and all these activities have added significant sums to the total size of Bob Arum’s net worth. Top Rank Company, which promotes professional boxing, was founded by him; at present, he is the CEO of the company. Prior to this, he was employed at the US Attorney’s Office in New York, in the division of taxes.

How much is the net worth of Bob Arum? It has been estimated that the current size of his wealth stands at over $200 million, accumulated during a professional career spanning more than 60 years.

Bob Arum Net Worth $200 Million

Bob Arum was raised in an Orthodox Jewish household based in the Crown Heights, New York. While studying at high school he was highly interested in music, and sang as a backing vocalist. He was impressed by the abilities of Manny Pacquiao and stated him to be the Filipino Frank Sinatra. However, after graduating from high school he chose to study law, graduating with a degree in law from Harvard University, and then working for several years in the USA Department of Justice before he became interested in boxing in the 1970s. He used his business education to become a boxing promoter in 1979, which subsequently added huge sums to the overall size of Bob Arum’s net worth. Working as a boxing promoter gained him not only wealth but also popularity.

However, the path to fortune and fame was not an easy one, as during the eighties Arum had a great rivalry with fellow promoter Don King, and both promoted big fights in the eighties and nineties as they promoted Sugar Ray Leonard against Marvin Hagler, three fights between Thomas Hearns and Marvin Hagler, pitting Roberto Duran against Sugar Ray Leonard, two fights between Roberto Duran and Marvin Hagler, fights between Julio Cesar Chavez, Meldrick Taylor and Hector Camacho, as well as between Oscar De La Hoya and Felix Trinidad. He was the promoter of such fights as Evander Holyfield and George Foreman, Oscar De La Hoya and Fernando Vargas, the three fights between Manny Pacquiao and Erik Morales, as well as three fights between Marco A. Barrera and Erik Morales. His company is called promoter Top Rank, and fights are often held in Las Vegas. For his great contribution to boxing, Bob Arum has been inducted into the International Boxing Hall of Fame.

Finally, in the personal life of the boxing promoter, he has been married twice. Together with his first wife, whose name is not revealed, Bob Arum had three children: Richard Arum, Elizabeth Arum and John Arum. Unfortunately, the latter died in a hiking accident in 2010. He married his second wife, Lovee Duboef, in 1991, with whom he has two stepchildren, Todd Duboef and Dena Duboef. They are highly involved in the business of boxing promotion, as Todd holds the position of the President, and Dena works as a Vice-President of Top Rank Company.


More about Bob Arum:

  • Filmography
  • Awards
  • Salaries
  • Facts
  • Quotes
  • Trademarks
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Actor

Actor

TitleYearStatusCharacter
Play It to the Bone 1999 Ringside Fan
Arli$$ 1997-1999 TV Series Bob Arum

Thanks

Thanks

TitleYearStatusCharacter
The Fight Game with Jim Lampley 2012 TV Series special thanks - 1 episode

Self

Self

TitleYearStatusCharacter
Split Decision: The Story of Guillermo Rigondeaux Documentary completed Himself
El Boxeo 2013 Documentary Himself
30 for 30 2013 TV Series documentary Himself
Kin no kobushi puro e: Murata Ryôta no tatakai 2013 TV Movie documentary Himself (as Bobu Aramu)
Jônetsu tairiku 2013 TV Series documentary Himself
The Good Son: The Life of Ray Boom Boom Mancini 2013 Documentary
NHK Special 2013 TV Series documentary Himself
Libra X Libra 2012 Documentary Himself
Ali 70 from Las Vegas 2012 TV Movie Himself
HBO Boxing 2012 TV Series documentary Himself
60 Minutes 2010 TV Series documentary Himself (segment "Pacman")
HBO Boxing After Dark 2010 TV Series Himself
MMA H.E.A.T. 2009 TV Series Himself
Pacquiao vs. Hatton: The Battle of East and West 2009 TV Movie Himself
Cornered: A Life Caught in the Ring 2008 Documentary Himself
Triumph and Tragedy: The Ray Mancini Story 2007 TV Movie documentary Himself
Orthodox Stance 2007 Documentary Himself
Ali's 65 2007 TV Movie documentary Himself
ESPN SportsCentury 2000-2006 TV Series documentary Himself
ESPN 25: Who's #1? 2006 TV Series documentary Himself
Quite Frankly with Stephen A. Smith 2006 TV Series Himself
The Top 5 Reasons You Can't Blame... 2005 TV Series Himself
The Greatest Boxer: Muhammad Ali 2000 TV Movie documentary Himself
Kings of the Ring: Four Legends of Heavyweight Boxing 2000 TV Movie documentary Himself
60 Minutes Wednesday 1999 TV Series documentary Himself - Boxing Promoter (segment "The Golden Boy")
The Real Las Vegas 1996 TV Series documentary Himself

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#Fact
1 In promoting champions like Muhammad Ali, Roberto Durán, George Foreman, Joe Frazier, Larry Holmes, Marvelous Marvin Hagler, Alexis Arguello, Carlos Monzón, Iran Barkley, Thomas Hearns, Sugar Ray Leonard, 'Ray 'Boom Boom' Mancini', James Toney, Terry Norris, Rafael Ruelas, Gabriel Ruelas and Oscar De La Hoya, with superfights such as Hagler-Leonard, Chavez-De La Hoya, Holyfield-Foreman, Foreman-Moorer, Leonard-Hearns, Hagler-Hearns, Ali-Frazier II and both Ali-Spinks fights, he has participated in most of the top-grossing fights in boxing history. Still, he has remained low profile in a highly visible sport.
2 He graduated from New York University, where he was student body president, in 1953, and cum laude from Harvard Law School in 1956.
3 His rise in the 1970s culminated at the New Orleans Superdome on September 15, 1978, where he promoted a then-record-tying four world title fights (Ali-Spinks II, Victor Galindez-Mike Rossman, Danny Lopez-Juan Malvares and Jorge Lujan-Albert Davila).
4 Promoted the first fight he ever attended, Muhammad Ali's title bout with George Chuvalo in March, 1966, through a company he organized, Main Bout, Inc., and also promoted Ali's fights with Henry Cooper, Brian London, Karl Mildenberger, Cleveland Williams and Ernie Terrell prior to Ali's involuntary suspension from boxing.
5 He left the Justice Department in 1965 and became a partner in Louis Nizer's law firm. He met football great Jim Brown, who introduced him to Muhammad Ali.
6 In 1962, he was given the assignment of securing proceeds from the Floyd Patterson - Sonny Liston heavyweight title fight, which were rumored to be heading out of the country. While handling the resulting litigation, he met many of the biggest names in boxing and immediately became fascinated by the fistic world.
7 One of his proudest promotional achievements came to life on April 10, 1980 in Atlantic City, when middleweight Frank "The Animal" Fletcher decisioned Ben Serrano, and ESPN's weekly "Top Rank Boxing" series was born.
8 His finest achievement in boxing came on the night of November 5, 1994, when George Foreman shocked the world by knocking out IBF/WBA champion Michael Moorer. After the dramatic knockout, an ecstatic Arum rushed into the ring to embrace the two-time world heavyweight champion.
9 World champions now fighting for him include Floyd Mayweather Jr., Erik Morales, Diego Corrales, Andrew Lewis, Jose Luis Castillo, Bones Adams, Paulie Ayala, Antonio Diaz and Eric Morel.
10 He has three children, John, Richard and Elizabeth, from his previous marriage.


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