Larry Holmes Net Worth - How The Boxing Legend Built His Fortune

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Larry Holmes is a former heavyweight boxing champion, who has left an indelible mark on the sport. In addition to his success in the ring, Holmes has also made significant investments in real estate and other ventures, which have contributed to Larry Holmes net worth. His financial success has made him one of the wealthiest boxers of all time, with an estimated net worth in the tens of millions of dollars.

Quick Facts About Larry Holmes

Name	Larry Holmes
Birthday	November 3, 1949
Profession	Boxer
Net worth	$20 million

Early Life Of Larry Holmes

Larry Holmes was born on November 3, 1949, in Cuthbert, Georgia. He grew up in Easton, Pennsylvania, where he attended school and worked odd jobs to support his family. As a teenager, Holmes played basketball and was even offered a scholarship to play in college, but he turned it down to focus on his passion for boxing.

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He began boxing at a local gym and quickly showed promise as a fighter. After a successful amateur career, Holmes turned professional in 1973 and began his journey to becoming one of the greatest heavyweight boxers of all time.

Boxing Career Of Larry Holmes

10 Larry Holmes Greatest Knockouts

Larry Holmes had an outstanding boxing career spanning over two decades. He quickly established himself as a dominant force in the boxing world, winning his first 48 fights before suffering his first loss to Michael Spinks in 1985. Holmes was known for his excellent jab and footwork, which made him a difficult opponent for many fighters.

Holmes held the world heavyweight championship from 1978 to 1985, making 20 successful title defenses during that time. His notable fights include victories against Muhammad Ali, Ken Norton, and Gerry Cooney, among others. Holmes' win against Ali in 1980 was considered a significant upset at the time and cemented his place as a top boxer.

Holmes retired from professional boxing in 1986 with a record of 69 wins, 6 losses, and 44 wins by knockout. He made a brief comeback in 2002 to fight one more time before officially retiring for good. Holmes is considered one of the greatest heavyweight boxers of all time and was inducted into the International Boxing Hall of Fame in 2008.

Legacy And Impact Of Larry Holmes

Larry Holmes' legacy and impact in the boxing world and beyond are significant. He is widely regarded as one of the greatest heavyweight boxers of all time and is considered an inspiration to many boxers who followed in his footsteps.

Holmes was known for his excellent boxing skills, including his powerful jab and impressive footwork. He was a fierce competitor who never backed down from a challenge, and his record-breaking 20 successful title defenses as world heavyweight champion is a testament to his dominance in the sport.

Outside of boxing, Holmes is also recognized for his business acumen and philanthropic work. He has been involved in various business ventures, including real estate investments and restaurant ownership. He has also given back to his community, supporting various charities and causes.

Larry Holmes Net Worth

Larry Holmes has an estimated net worth of $20 million. He accumulated his wealth through his successful boxing career, business ventures, and investments. During his career, Holmes earned millions of dollars from fight purses and endorsements.

He also made wise investments in real estate and other ventures, which have contributed significantly to his net worth. In addition to his financial success, Holmes is also known for his philanthropic work, supporting various causes in his community and beyond.

Holmes' net worth is a testament to his hard work, dedication, and business acumen. Despite retiring from professional boxing over three decades ago, he continues to inspire future generations with his story of perseverance and success.

Real Estate Properties Of Larry Holmes

Larry Holmes topless while wearing a red boxing gloves

Larry Holmes has been involved in various real estate investments throughout his career and has owned several properties. Here are some of the notable real estate properties that Holmes has owned or been associated with:

Larry Holmes Enterprises Office Building - Holmes' business offices in Easton, Pennsylvania, are located in a building he owns.
10-acre estate in Palmer Township - Holmes owned a 10-acre estate in Palmer Township, Pennsylvania, which included a 13-room mansion, a swimming pool, and a tennis court. He sold the property in 2014.
Larry Holmes Training Center - Holmes owns a boxing gym in Easton, Pennsylvania, where he trained during his career.
Larry Holmes Drive - In 2011, Easton City Council voted to rename a street in the city "Larry Holmes Drive" in honor of the boxing legend.
Real Estate Investments - Holmes has also made investments in various real estate properties, including commercial and residential properties.

Philanthropic Works Of Larry Holmes

Larry Holmes is known for his philanthropic work and has been involved in various charitable causes throughout his career. Here are some of the notable philanthropic efforts of Larry Holmes:

The Larry Holmes Foundation - Holmes founded the Larry Holmes Foundation, which focuses on providing educational and sports opportunities to underprivileged youth in Easton, Pennsylvania.
The Muhammad Ali Center - Holmes is a supporter of the Muhammad Ali Center, a non-profit organization that promotes social responsibility, respect, and personal growth.
The American Heart Association - Holmes has been a spokesperson and supporter of the American Heart Association, raising awareness about heart health and cardiovascular disease.
Breast Cancer Awareness - Holmes has been involved in breast cancer awareness campaigns and has encouraged women to get mammograms and take care of their health.
The Special Olympics - Holmes has been a supporter of the Special Olympics and has participated in fundraising events for the organization.

Holmes' philanthropic work has made a significant impact on his community and beyond, providing opportunities and support for those in need. His dedication to giving back has inspired many, and his legacy as a champion both inside and outside of the boxing ring continues to inspire future generations.

Interesting Facts About Larry Holmes

Larry Holmes wearing a beige suit

Holmes didn't start boxing until he was 19 years old, which is considered quite late for a professional boxer.
Holmes worked at a car wash and a turkey farm before becoming a professional boxer.
Holmes was a sparring partner for Muhammad Ali before becoming a professional boxer himself.
In 1985, Holmes starred in the movie "The Cotton Club" alongside Richard Gere and Diane Lane.
Holmes is a big fan of chess and often plays the game to sharpen his mind.
Holmes was once a contestant on the game show "The Hollywood Squares."
Holmes is an ordained minister and has performed several marriage ceremonies.
Holmes holds the record for the longest span between his first and last heavyweight championship wins, at 7 years and 3 months.
Holmes famously fought against Michael Spinks in a rematch of their 1985 bout in 1986, which was dubbed the "The Battle of the Ages" as both boxers were in their mid-30s.
Holmes was inducted into the International Boxing Hall of Fame in 2008, cementing his place as one of the all-time greats in the sport.

Conclusion

Larry Holmes net worth is a reflection of his success both inside and outside of the boxing ring. His record-breaking 20 successful title defenses as world heavyweight champion cemented his place as one of the greatest boxers of all time, while his investments in real estate and other ventures have allowed him to build substantial wealth.

Holmes' legacy as a champion and successful entrepreneur continues to inspire future generations of athletes and business people, and his net worth serves as a testament to his hard work and dedication throughout his career.