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Marvin Hagler Net Worth: Career & Death

marvin-hagler-net-worth
marvin-hagler-net-worth

One of the greatest boxers in the world, Marvin Halger Net Worth was estimated at $40 million at the time of his death.

Marvin Hagler, also known as Marvelous, is a professional boxer who has fought 67 matches and won 62.

Moreover, he has been inducted into the International Boxing Hall of Fame and the World Boxing Hall of Fame.

Not to mention, the fighter was an undisputed champion from 1980 to 1987. Likewise, he is a well-known and reputable figure in the boxing industry.

Besides that, boxing magazines like The Ring and the Boxing Writers Association of America named Hagler Fighter of the Year twice.

Similarly, Boxing Illustrated magazine also named him the 1980s Fighter of the Decade.

In Frame: Marvin Hagler

Furthermore, he is the recipient of the Golden Plate Award of the American Academy of Achievement in 1983. The boxer was also awarded the Excellence Guirlande D’Honneur.

Aside from that, Marvelous is well known in the film industry as well. After moving to Italy, he landed roles in movies like Indio, Indio 2, Fight Night: Round 3, etc.

As of now, the boxing legend is no more. He was pronounced dead in New Hampshire at 66 after experiencing chest pains and difficulty breathing.

Here are some quick facts about the late fighter before getting into details about life, net worth, and career.

Quick Facts

Before we get to the specifics, here are a few well-known facts about the celebrated boxer Marvin Hagler:

Full Name Late Marvin Nathaniel Hagler
Net Worth $40 Million
Birth Date May 23, 1954
Death Date March 13, 2021
Birth Place Newark, New Jersey
Place of Death Bartlett, New Hampshire
Nick Name Marvelous Marvin Hagler
Religion Christian
Nationality                          American
Ethnicity African-American
Languages Spoken English
Education NA
Father’s Name Robert Sims Hagler
Mother’s Name Ida Mae Hagler
Siblings Veronica Hagler, Cheryl Hagler, Genarra Hagler, Noreen Hagler, Robbie Sims
Offspring Marvin Jr. Hagler, Gentry Hagler, Charelle Hagler, James Hagler, Celeste Hagler
Age 57 Years Old
Height 5 Feet 9 and a Half Inches (177 cm)
Weight 72.6 kg (160 lbs)
Reach 75 in (191 cm)
Eye Color Brown
Sexual Orientation Straight
Marital Status Married before death
Spouse’s Name Kay Guarrera (m. 2000 – 2021),

Late Bertha Hagler (m. 1980, div. 1990)

Profession Professional Boxer
Stance  Southpaw
Total Fights 67
Wins 62
Wins by KO 52
Losses 3
Draw 2
Active Till 1973-1987
Endorsements Budweiser, Everlast
Social Media NA
Last Update August, 2023

Marvin Hagler: Net Worth and Income

The athlete garnered most of his wealth from multiple winning bouts as a former boxer. Hence, Marvin Hagler’s net worth was roughly estimated at $45 million. 

Since the late middle-weight boxer fought in an ear with fewer stat records, we don’t have an actual number to his prize money.

However, we know that he was very clever with his income as he focused on saving for a rainy day.

Further, after fighting 67 bouts, out of which he won 62, it is safe to assume he had made plenty to lead a comfortable life.

In his initial career, the boxer couldn’t find any high-profile opponents to face off. As a result, he struggled to fill his pocket even after having an impressive winning streak.

Nonetheless, this quickly changed as he started hunting for the title. Marvin faced off against some high-profile boxers in a match that collected some good pay per view.

Therefore, his earning started showing some major increments with him receiving some percentage of the pay-per-view profits.

Moreover, in Hagler’s final bout against Sugar Ray Leonard, he bagged $20 million before taxes. Not to mention, that’s the same as around $46 million in today’s rate.

Pre-fight, Hagler was guaranteed $12 million, whereas his opponent was guaranteed $11 million. And the pay per view for that match was one of the highest in 1987.

Accordingly, this would be Marvin’s final bout of his career as he retired. Following his retirement, he started making regular appearances as a film actor in Italy.

Likewise, he also made a fair amount through his acting career. Also, he added to his wealth becoming a boxing commentary and licensing his image in video games.

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Marvin Hagler Net Worth In Different Currencies

Let’s have a look at Marvin Hagler’s net worth in different currencies. 

Currency Net Worth
Euro € 33,873 Million
Pound Sterling £ 29,084 Million
Australian Dollar620.72 A$ 54,716 Million
Canadian Dollar C$ 50,509 Million
Indian Rupee ₹ 2,919,150,000
BitCoin ฿ 844.50

Marvin Hagler: Houses and Cars

Houses

The Late Marvelous Marvin Hagler lived an astonishing life in a lavishing mansion located in New Hampshire.

Further, the house spread on 11 acres with nine bedrooms, four reception rooms, a kitchen, conservatory, utility room, and even a swimming pool. Likewise, the amazing property was bought for $2.3 million!

Cars

Aside from that, he also had some mesmerizing car collections lined up in his garage. Ranging from a Jaguar to a Bentley, the collection was also a testament to his enormous Net Worth.

Reportedly, his collections comprised of powerhouses like the Jaguar XE, which starts at $39,000, and a Mercedes-Benz GLE-Class that has a price tag of $63,000.

Marvin Haggles in his Early Years.

Likewise, the renowned boxed even had a Bentley Continental GT, which crosses slightly over $200,000! 

In his prime years, he even used to own a Porsche. However, there aren’t that many details about the car.

Marvin Hagler: Lifestyle & Vacations

Lifestyle

Marvin Hagler was a phenomenal boxer who was cherished by a lot of people around the world. While he was still alive, he had a pretty amazing lifestyle.

Hagler was married to an Italian woman, and for her, he learned the language, made contacts in the country’s film industry, and even became an action film star.

Moreover, he was quite conscious of his health. He had a different view on life, and he wasn’t just hung up on boxing all of his life.

He wanted to try out new things, so eventually, he got into action movies and commentaries after his boxing career.

In addition, he enjoyed playing golf a lot.

Vacations

Hagler had been around for 66 years before he passed away in March of 2021. When he was still alive, Marvin did travel a lot.

Especially in his years as a boxer, he’d have to travel from one place to another for his numerous fights. When he wasn’t in the arena, he’d usually hang around the city he was in and just enjoyed the atmosphere as much as he could.

After boxing, he gave up everything and then shifted to Italy.

Marvin Hagler: Movies, Book Publications, Endorsements

Movies

It was after shifting to Italy that Marvin thought of pursuing his retiring years in acting. He set up certain contacts in the country and soon after got roles in a couple of movies.

In total, Marvin made 6 action movies appearances, with the title Indio, Indio 2, Brutal Bonanza, Geno’s Plan, Lethal Lunch Date, Black Market Wedding. 

In addition, he even made it into the video game Fight Night: Round 3.

Book Publication

In his time, Hagler was considered to be a legend by many. His historic fights and personality inside the ring were actually captured into a book.

The book titled, “Marvelous: The Marvin Hagler Story“ is, as the title mentions a biography on the life of the legendary boxer.

The book was originally published in the year 2014 by authors Brian Hughes and Damian Hughes. Basically, it talks about Marvin’s life story, his early career, and detailed descriptions of his matches.

Endorsements

Marvin Hagler was a prominent figure in the World of Boxing. Due to his enormous presence in the ring, he was considered to be an absolute beast.

Such a personality was obviously sponsored by several different brands, back in the day. Companies like Budweiser and Everlast were among his constant out-of-the-ring supporters.

Marvin Hagler: Boxing Career

Marvelous Marvin Hagler’s determination to be a boxer came when a local boxer in his street beat him up. The very next day, he went to a gym and trained with experienced and professional trainers.

Along with his dedication and hard work, he became a commendable fighter in no time. Thereafter, he defeated the local boxer, who beat him gloriously with all of his friends watching.

He struggled to win a title during his initial days as no high-profile boxers wanted to fight him. However, after a promoter interested him, Hagler defeated 1972 Olympic gold medalist Sugar Ray Seales twice.

Finally, in 1977, Marvin won his first title, i.e., the vacant North American middleweight title. Furthermore, he won the Massachusetts middleweight title.

Likewise, he won the WBA, WBC, and The Ring middleweight titles after defeating British boxer Alan Minter. He retained the titles from 1981 to 1986.

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3 Facts About Marvin Hagler

FAQs

Where did Marvelous Marvin Hagler live?

The Marvelous used to live in Newark, the USA in his early years. In his later days, he had a lavish mansion in New Hampshire, but he usually wouldn’t be in the country.

He had shifted to Milan after marrying his Italian wife, Kay. He settled down in Milan, learned the language, and spent most of this time after retirement there.

Who was Marvin Hagler married to?

At the time of his death, the boxer was married to his second wife, Kay Guarrera. Prior to that, he was married to Bertha Hagler from 1980-1990.

What was the cause of Marvin Hagler’s death?

The cause of Hagler’s death is not revealed yet. However, many sources claim that he reportedly died of natural causes.

His son James said Marvin was taken to the New Hampshire Hospital after experiencing chest pains and difficulty in breathing.

Which weight category did Marvin Hagler Fight in?

Marvelous Marvin Hagler used to fight in the Middleweight division.

Categories: Net Worth
Source: ASIA EDU

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