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George Foreman

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Biography

George Edward Foreman (born January 10, 1949) is an American two-time World Heavyweight Boxing Champion. He is the oldest man ever to win the heavyweight title, and also has been named one of the 25 greatest fighters of all time. Nicknamed Big George, he is now a successful businessman and an ordained Christian minister who has his own church.

George Foreman was born in Marshall, Texas. Although raised by J.B. Foreman, whom his mother married when George was a small child, his biological father was Leroy Moorehead. During his youth, he was often in trouble with the law.In his teen years George made a name for himself as a street brawler.He and his friends would sometimes participate in gang fights, and in time George became one of the most feared street fighters in his neighborhood.He and his friends would sometimes arrive home drunk and were constantly on the run from the police. Later he joined the Job Corps as a way to improve his life. While stationed in Oregon, Foreman became infamous for his belligerent attitude, often picking fights with fellow trainees. It was then that his "skills" were noticed and he was introduced to the sport of boxing.

By the age of 19, Foreman had won a gold medal at the 1968 Mexico City Olympic Games. When he walked around the ring with an American flag following his victory, members of the black community chastised him for being an Uncle Tom, especially since two African-American athletes, Tommie Smith (gold) and John Carlos (bronze), who had competed for the United States in the 200-meter dash, had raised their black-gloved fists on the award podium as a protest during the playing of the U.S. National Anthem. Others, however, lauded him for being a patriotic American during a time of political upheaval and strife.

Foreman will not disclose how much he has earned as a product endorser, but he doesn't dispute a published estimate that his lifetime earnings are about $240 million - three times what he earned in the ring. In 1999, Salton Inc. bought the rights to use his name and selling skills in perpetuity for $127.5 million in cash and $10 million in stock. It stands as one of the biggest endorsement deals for any athlete. Under the original 1995 deal, Foreman had a right to 60% of the profits from the grills, which range in price from $20 to $150. At the height of its success, Foreman received $4.5 million a month in payouts, says Salton CEO Leonhard Dreimann. But, in the past few years, consumers have put off replacing their old Foreman grills and Salton reported a loss of $3.2 million on sales of $274 million in a recent quarter.

Foreman appeared in the ABC sitcom, "George", for one season in 1993. Foreman appears as a judge on the second season of the ABC reality television series American Inventor, in 2007 and is confirmed as a celebrity candidate for The Apprentice 7.



 


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