Donald King is an American boxing promoter who has been involved in a number of memorable fights. He’s a divisive character, mainly because of a manslaughter conviction and civil cases against him, as well as charges of unethical commercial methods by a number of boxers. Don King Net Worth is estimated to be approximately $150 Million.
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Don King Net worth and profile in one glance
|Born||August 20, 1931|
|Country of Origin||Cleveland, Ohio, United States|
|Profession||Boxing promoter, Businessman|
|Spouse||Henrietta King (m. 1959–2010)|
|Children||Deborah King, Carl King, Eric King|
|Don King’s Net worth||$150 Million|
Biography of Don King
King was born and raised in Cleveland, Ohio, where he graduated from John Adams High School in 1951.
He conducted an illegal bookmaking company out of the basement of a record store on Kinsman Road after dropping out of Kent State University, and he was accused of the murders of two men 13 years apart.
After it was discovered that King shot Hillary Brown in the back and killed him while attempting to loot one of King’s gambling houses in 1954, it was declared to be a justified homicide.
After being found guilty of stomping to death an employee, Sam Garrett, who owed him $600, King was convicted of second-degree murder in 1967.
He did his sentence at the Marion Correctional Institution, where he began self-education by reading whatever he could get his hands on in the prison library.
Stepping stone into Don King Net Worth (Career)
With the help of singer Lloyd Price, King was able to persuade Muhammad Ali to box in a charity exhibition for a local Cleveland hospital.
Early on, he struck a connection with Don Elbaum, a local promoter who already had a stable of fighters in Cleveland and years of boxing expertise.
In 1974, King arranged for Muhammad Ali and George Foreman to meet for the heavyweight championship in Zaire, dubbed “The Rumble in the Jungle.” The bout between Ali and Foreman had been widely anticipated.
All of King’s opponents tried to promote the fight, but King was able to get a then-record $10 million purse thanks to a deal with the Zaire government.
Primary source of Don King Net worth (Boxing)
Ali’s 1975 battle against Chuck Wepner was arranged by King. Sylvester Stallone is said to have been inspired by the battle to develop the screenplay for Rocky (1976).
The following year, with Ali’s third fight against Joe Frazier in Manila, the Philippines’ capital, which King dubbed the “Thrilla in Manila,” King cemented his status as one of boxing’s top promoters.
King was busy growing his boxing empire in addition to promoting the best heavyweight contests of the 1970s. During the decade, he amassed a tremendous roster of boxers, several of whom would go on to be inducted into the Hall of Fame.
Larry Holmes, Wilfred Bentez, Roberto Durán, Salvador Sánchez, Wilfredo Gómez, and Alexis Argüello all fought in the 1970s under the Don King Productions promotional umbrella.
Henrietta King, Don King’s wife, died on December 2, 2010, at the age of 87. Debbie is his biological daughter, Eric is his son, and Carl is his adopted son. He has five grandchildren and three great-grandchildren.
King is involved in politics, having voted for Barack Obama in both the 2008 and 2012 presidential elections.
He had made media appearances promoting George W. Bush during the previous election, including attending the 2004 Republican National Convention in New York City.
King is being investigated for alleged ties to organized crime. When asked about his ties to gangster John Gotti during a Senate probe in 1992, King pleaded the Fifth Amendment.
Don King is a well-known and talented boxing promoter in the United States. Don King Net Worth is a source of motivation and inspiration. Also, check out – Oscar De La Hoya’s Net Worth.