Don King Net Worth, How did the American Boxing Promoter acquire such wealth during the course of his career? Read on to find out more about Don King Net Worth, his career and his personal life.
About Don King
The Boxing Promoter popularly known as Don King is an American boxing promoter known for his involvement in historic boxing matchups.
He’s been linked with several controversies during the course of his career, one, in particular, is manslaughter conviction which he later got pardoned.
He is famous for his hairstyle and flamboyant personality.
Don King has achieved success and has accumulated a huge amount of wealth in the process. At the peak of his career, Don has promoted some of the biggest superstars in the world of boxing such as Muhammad Ali, Mike Tyson, George Foreman, Evander Holyfield, Larry Holmes, Julio César Chávez, Andrew Golota, Félix Trinidad, Roy Jones Jr., and Marco Antonio Barrera.
He was the promoter behind Muhammad Ali’s most famous fights, the “Rumble in the Jungle” and the “Thrilla in Manila“.
As of today, Don King Net Worth is $150 Million. Keep reading to find out more about Don King Net Worth.
|Full Name:||Donald King|
|Date of Birth:||August 20, 1931|
|Net Worth:||$150 Million|
Don King Early Life and Career
Donald King was born on 20th of August 1931, in Cleveland, Ohio. He attended and graduated from John Adams High in 1951. Don dropped out of Kent State University to run an illegal bookmaking operation out of the basement of a record store on Kinsman Road.
He was later arrested and charged with the murder of two different men in two separate incidents 13 years apart.
In the first incident, he was accused of shooting Hillary Brown in the back while he was attempting to rob one of King’s gambling houses in 1954.
The case was determined to be justifiable homicide. Meanwhile, for the second incident, Don was convicted of second-degree murder after he was found guilty of stomping an employee to death.
The man identified as Sam Garrett was reported to owe him $600.
King was charged and sentenced to serve a term at the Marion Correctional Institution. While he was there, King began to self-educate himself.
According to his own words, he read everything in the prison library he could put his hands on. Don King was pardoned in 1983 by Ohio Governor Jim Rhodes, with letters from Jesse Jackson, Coretta Scott King, George Voinovich, Art Modell, and Gabe Paul, among others, being written in support of King.
Moreover, before his arraignment as part of his job as a promoter, King negotiated a then-record $10 million purse through an arrangement with the Zaire government for a heavyweight championship fight between Muhammad Ali and George Foreman.
Also, Don King managed Jackson’s’ 1984 Victory Tour aside from his boxing promotion.
Don King Net Worth
As of 2019, Don King Net Worth is $150 Million. Don King Net Worth is earned as one of the most successful and famous boxing promoters of all time.
The Boxing Promoter’s career highlights include promoting “The Rumble in the Jungle” and the “Thrilla in Manila”.
Meanwhile, when Robert W. ‘Bobby’ Lee, Sr. the president of IBF was accused in 1999 for racketeering, King was not arraign , neither did he testify at Lee’s trial.
Although, prosecutors reportedly called him an unindicted co-conspirator who was the principal beneficiary of Lee’s machinations.
Don King Personal Life
Don King was married to Henrietta, who tragically passed away on the 2nd December 2010 at the age of 87.
He has one biological daughter named Debbie and two adopted sons named Carl and EricI. He also has five grandchildren.
However, King is also politically active as he supported Barack Obama’s 2008 and 2012 presidential run, and also made media appearances promoting George W. Bush during the previous election.
Don King was made a Mason-on-Sight by Grand Master Odes J. Kyle Jr. of the Most Worshipful Prince Hall Grand Lodge of Ohio on June 10, 1987. Thereby making him a Prince Hall Freemason.
He was also awarded an honorary Doctorate of Humane Letters degree from Central State University in Wilberforce, Ohio, by University President Dr. Arthur E. Thomas.