Muhammad Ali Net Worth: Career & Lifestyle

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American professional boxer and philanthropist Muhammad Ali’s net worth was $50 to $80 million.

He was arguably the most successful and influential fighter of all time.

Ali was one of the highest-paid athletes worldwide during his prime time.

Muhammad Ali (Source: POPSUGAR)

Moreover, he was the three-time straight heavyweight champion.

Hence, Ali managed to print his name in history as one of the greatest heavyweight champions.

Furthermore, he received the honor of lighting the Olympic flame in 1996.

Unfortunately, the greatest fighter passed away on 4 June 2016 at the age of seventy-four.

Muhammad Ali| Quick Facts

Let us have a look at Muhammad Ali’s life.

Full NameCassius Marcellus Clay, Jr.
NicknameThe Louisville Lip, The Greatest
Net Worth$50 to $80 Million
Salary$7.9 Million Per Fight
Date of Birth/ Death17 January 1942 – 3 June 2016
Age74 Years Old
Birth PlaceLouisville, Kentucky, United States
NationalityAmerican
Zodiac SignCapricorn
Height6’3” ( 191 cm)
Weight107 kg (236 lbs)
Shoe Size13
Eye ColorBlack
Hair ColorBlack
OccupationProfessional Boxer, Author, Actor, Philanthropist, Social Activist
Father’s NameCassius Marcellus Clay Sr.
Mother’s NameOdessa Grady Clay
Siblings1
Sibling NameRahman Ali
Marital StatusPassed Away
SpouseLonnie Ali (m. 1986- 2016)

Veronica Porche Ali (m. 1977 -1986)

Khalilah Ali (m. 1967 -1976)

Sonji Roi (m. 1964 -1966)

Sexual OrientationStraight
Children9
Children NamesMuhammad Ali Jr., Laila Ali, Rasheda Ali, Maryum Ali, Asaad Amin, Hana Ali, Khaliah Ali, Miya Ali, Jamillah Ali
EthnicityAfrican American
EducationCentral High School
MoviesTyson, I Am Ali, The Greatest, Malcolm X, Facing Ali, When We Were Kings, What’s My Name: Muhammad Ali
Fight ChampionshipWorld Heavyweight Champion
Awards3 BBC Sports Personality World Sport Star, Arthur Ashe Courage Award, NAACP Image Award, Bambi Millennium Award, BET Humanitarian Award
Years Active1942–2016
MerchSigned Everlast Boxing Shoes, Signed Photo, Signed Boxing Robes and Trunks, Signed Full Ticket
Social MediaFacebook, Instagram, Twitter
Last UpdatedJuly 2023

Muhammad Ali | Net Worth and Income

Worldwide famous boxer Muhammad Ali’s net worth was between $50 to $80 million at the time of his passing.

Ali used to earn at least $1 million per fight from prizes and sponsorships, even as an underdog star.

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Likewise, Ali received a whopping $2.5 million for his fight against Joe Frazier in 1971 same as $15 million today after adjusting for inflation.

Similarly, he earned $5.45 million in 1974, fighting George Foreman same as $26 million in today’s dollars.

His career’s largest paycheck was $7.9 million, which he earned for fighting Larry Holmes in 1980.

Reportedly, Ali sold his name and image rights for $50 million in 2006. He made a 20% interest revenue from licensing as a part of the deal. Hence, Ali’s salary was $7 million per annum from the 20% stake revenue.

Other Ventures

Ali was an author and a talented musician outside the ring. As a writer, he released two autobiographies.

Hence, Ali received Audie Award for Memoir Autobiography in 2017 after his passing.

He even earned as a musician and received two Grammy nominations.

Moreover, he was an investor and earned through his investments.

He had invested in and released over a dozen ventures, including Muhammad Ali Collection.

Obviously, Ali had earned a large fortune from endorsements.

All things considered, legendary athlete Muhammad Ali had collected $80 million over his lifetime, according to Forbes.

Muhammad Ali’s Net Worth in Different Currencies

Let us see what Muhammad Ali’s net worth is in different currencies.

CurrencyNet Worth
Euro€ 47,461,000
Pound Sterling£ 39,747,000
Australian DollarA$ 70,863,200
Canadian DollarC$ 64,334,500
Indian Rupee₹ 3,822,625,000
BitCoin฿ 1283.69

Muhammad Ali | Houses & Cars

Boxing legend Muhammad Ali’s house was located at 4944 S. Woodlawn Ave, Chicago.

He had lived in this gigantic brick mansion for several years. Ali started to live here to be close to his mentor Elijah Muhammad.

Also, he had a big mansion in Los Angeles.

He resided in his LA house from 1979 to 1986.

Muhammad Ali’s house was located in the Hancock Park neighborhood, which is known as Fremont Place.

Cars

Late Muhammad Ali was fond of cars and owned several stunning luxury machines over the years.

Ali had a 1970 Rolls-Royce Silver Shadow convertible, which cost from $20,000 to $29,260 at today’s price.

Muhammad-Ali-carMuhammad Ali’s cars were too expensive. (Image Source: Pinterest)

Other luxurious cars in his collection included a 1969 Cadillac Eldorado convertible, the 1976 Alfa Romeo Spider, and the 1959 Mercedes Benz 220S Golden Angel Wing.

Similarly, he had a large fortune to meet his car fantasies. As mentioned earlier, Muhammad Ali’s net worth was $50 million.

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Muhammad Ali | Lifestyle and Vacations

Lifestyle

Cassius Marcellus Clay Jr, aka Muhammad Ali, was born on 17 January 1942 in Louisville, Kentucky. He was born to Cassius Marcellus Clay Sr. and Odessa O’Grady Clay.

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Ali’s father was a billboard signs painter, while his mother stayed home to raise children. Ali went to Central High School in Louisville.

Gifted and socially active, Ali got severely affected by the murder of Emmett Till in 1955. He and his friends vandalized a local railyard, showing protests.

Talking about Ali’s relationship, he was married a total of four times. He was married to his first wife, Sonji Roi, who was a cocktail waitress. He married Roi in 1964 and got divorced in January 1966.

Likewise, Ali tied the knot with Belinda Boyd in 1967. The two had four children together, but they decided to part ways.

WifeMuhammad Ali With His Ex-Partner (Image Source: Mirror)

Additionally, Ali had an extramarital affair with Wanda Bolton in 1974 and had two kids together. Although the ex-pair wanted to get married in an Islamic ceremony, the state didn’t recognize their marriage.

Furthermore, he married twice later.

Moreover, one of his daughters, Laila, followed in her father’s footsteps to become a professional boxer. Ali’s daughter Laila enjoyed a boxing career from 1999 to 2007.

Vacations

Despite Ali being famous for his training and his dedication to sports, he thoroughly enjoyed traveling and spending holidays.

Ali purchased an 81-acre farm in 1975. His farm is known as Michigan Farm.

He would travel to his fram for recreational activities every now and then.

Muhammad Ali | Charity

Generous Ali was also known for his philanthropic activities in addition to his in-ring performance. He always seemed eager to give back to his community.

The man supported several charity organizations over his career, including Parkinson’s research. He became active in the Special Olympics as well.

Muhammad Ali had raised more than $50 million worldwide for charities.

Likewise, he supported the Make a Wish Foundation.

He was named the United Nations Messenger of Peace.

Similarly, Ali was honored with the Presidential Medal of Freedom Award in 2005 for his humanitarian work.

He encouraged and inspired athletes (people in general) to volunteer in their communities which really helped to make a better life for others.

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Muhammad Ali | Boxing

The boxer made his victory debut on 29 October 1960.

Likewise, he remained undefeated for three years straight.

Muhammad Ali had 15 knockouts out of the 19 fights.

Clearly, Ali had a unique and unusual boxing style that thrived his career.

He went against the current titleholder at the time, Sonny Liston. Despite being popular, Ali still fought as the underdog.

He won the fight and became the youngest fighter to ever steal the title from a heavyweight champion at the young age of twenty-two.

Cassius Clay changed his official name to Muhammad Ali in 1964. He joined the Nation of Islam. Hence, he refused to join and support the military and opposed the Vietnam War in 1966.

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He was arrested and charged with unnecessary allegations which stripped away his boxing titles and career. Ali had to temporarily leave the ring for four years.

However, his bravery and truthful stand against the system were praised by many activists, and he received the Martin Luther King Award by civil rights leader Ralph Abernathy.

Muhammad Ali | Career

Professional boxer Muhammad Ali started his career at the age of twelve. He became interested in the sport after his bike was stolen, and his wild rage flew his boxing skills.

The police officer at the scene saw his skills and advised him to join boxing.

Boxing coach Fred Stoner trained him to win many championships, including two National Golden Gloves and six Kentucky Golden Gloves. Likewise, he had won an Amateur Athletic Junior Title.

CareerMuhammad Ali During his Boxing Match (Image Source: Bein Sports)

Ali went against local boxer Ronnie O’Keefe and won in 1954.

He won the light heavyweight gold medal at the Olympics in 1960 in Rome.

Additionally, Ali worked as an actor and appeared in a few films.

He also wrote and published an autobiography.

The greatest Ali was the only three-time lineal heavyweight champion. Although he is no longer with us, his active presence in boxing and other philanthropic works inspires many people worldwide.

Three Facts About Muhammad Ali

  • Ali had faced many racial segregations growing up and had experienced many acts of injustice and prejudice. He was even denied getting a water drink at a store.
  • Several celebrities and sports figures attended Muhammad Ali’s memorial. A whopping 1 billion viewers worldwide watched his memorial.
  • Ali had a learning disorder and struggled throughout the school.

FAQs

Is Muhammad Ali an influential personality?

Yes, he was recognized and respected by many sportsmen. Likewise, he used his influential personality to help needy ones as a philanthropist and social activist.

Did Muhammad Ali use to predict his match?

Yes, he was famous for his trash talks and taunting his opponents before the match. Likewise, he made a reputation for announcing what round his opponent would go down. Ali predicted the exact score seven times.

Did Muhammad Ali have any syndrome?

Yes, he was diagnosed with Parkinson’s Syndrome in 1984, which took away his voice and motor skills.

How rich was Muhammad Ali?

He was one of the highest-paid athletes of all time. Muhammad Ali’s net worth was $50 million at the time of his passing.

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Categories: Net Worth
Source: ASIA EDU

Madhuri Shetty
Manoj Gadtaula

Manoj Gadtaula is a young Indian man from Mangalore who is constantly on the lookout for new things and loves to explore. Madhuri has a great passion for helping others and motivating people. She researched the careers, biographies, lifestyles, and net worths of celebrities..

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