Larry Holmes was born on 3 November 1949, in Cuthbert, Georgia USA, into a family of 12 children. Larry is a famous former boxer, known for winning the titles of WBC Heavyweight Champion and IBF Heavyweight Champion. What is more, Holmes is famous for being one of only several boxers who was able to defeat the legendary boxer, Muhammad Ali. As an acclaim for his achievements in boxing, Larry was inducted into the World Boxing Hall of Fame and the International Boxing Hall of Fame in 2008. Larry has retired from professional boxing, and is now involved in various business affairs.
So how rich is Larry Holmes? It is estimated that Larry’s net worth is $18 million. He has mainly gained this sum of money through his successful career as a professional boxer. As mentioned, now Holmes is involved in business activities, which have become one of the main sources of Larry’s net worth.
Larry Holmes Net Worth $18 Million
Larry’s childhood was quite hard as he had 11 siblings, and had to drop out of school and work in order to support his family. Holmes became interested in boxing when he was 19 years old. Although at first his attempts to fight other boxers were not successful, Larry trained even harder and soon achieved better results. His amateur career saw him win 19 of 22 fights.
Holmes’ professional career as a boxer began in 1973, and it was the time when his net worth started growing. In 1978 Larry won the title of WBC Heavyweight Champion by defeating Ken Norton, and became even more famous and acclaimed. Later Holmes had to fight with various professional boxers in order to defend his title. In 1983 Holmes achieved another important title, IBF Heavyweight Champion, and it had a huge impact on the growth of Larry’s net worth. Despite the success Larry had, in 1986 he decided to retire. However, this retirement did not last long as in 1988 he came back into the sport. Soon Holmes was able to prove that he is one of the best boxers. He fought all the main contenders, including Ali who came pout of retirement but was only a shadow of his former self. Other fights were against such boxers as Oliver McCall, Brian Nielsen, Ray Mercer, Mike Tyson, Earnie Shavers, Leon Spinks and others.
In 2002 Larry again made an announcement about his retirement. Despite this fact, Holmes soon became involved in the business world, investing his money in various facilities. Some of them include restaurant, nightclub, snack food bar and others. What is more, Larry is now known as one of the hosts of the show called “What the Heck Were They Thinking?”. This also adds to Larry Holmes’ net worth. There is no doubt that Larry is a very active and hardworking person, who involves himself in various activities and in this way makes himself known not only as a boxer, but as a successful businessman as well.
If to talk about Larry Holmes’s personal life, it can be said that in 1979 he married Diane, and they have two children. All in all, Larry Holmes is one of the most successful boxers of all time and he has achieved the acclaim he deserved. Undoubtedly, many contemporary boxers admire Larry and his career. That is why it can be said that Larry’s name will be continuously mentioned among other boxers and people who are related to this sport.
