Evander Holyfield Net Worth Increment – Evander Holyfield has experienced a lot of highs and lows in life from being an Olympic bronze medalist to four times world champion. Evander Holyfield net worth was over $200 million once upon a time which came down to slightly less than $1.2 million a year.
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From being a cruiserweight to heavyweight with twenty-nine knockouts to boot his talent has been commendable. Even though Evander Holyfield’s life has been struggling, he is still recognised as the ‘Real Deal’ in the ring.
During the prime of his career, Evander Holyfield net worth was $200million. Later, due to various impulsive business investments decisions, he saw the four-time world heavyweight champion fall on hard times. The reasons are in a multitude why Evander Holyfield net worth is in millions.
After the demise of Real Deal Records it cost him in the region of $2.3m, it was reported by the Sun that a botched restaurant outing cost him another $7.6m.
According to Celebrity net worth, it is reported that Evander Holyfield net worth is approximately $75000 a month in appearance fees, Evander Holyfield net worth is estimated at $1million or just under $750,000.
Despite facing tough times with his economy, Evander Holyfield likes to spend his money on luxurious vehicles and watches. He is the owner of various lavish cars in his garage. The reasons are in a multitude why Evander Holyfield net worth is in millions.
His collections include lavish cars such as a Humvee, which is a 2012 Ducati Range, a 1997 Bentley Continental T, and a Buick Riviera Concept. He always has been fond of collecting expensive watches and one of his most eye-catching luxurious watches includes a Rolex Cosmic and a Patek Philippe Nautilus watch.
Transformation of Holyfield to a professional boxer
Evander Holyfield was born on October 19 the year 1962. He has been a former American professional boxer who marked its completion from 1984 to 2011. In the late 1980s he reigned as the undisputed champion at cruiserweight and in the early 1990s, he reigned as a heavyweight.
He is the only boxer in history who is the winner of the undisputed champion in two weight classes in the three belt era. He was nicknamed the Real Deal. The only four-time world heavyweight champion is Holyfield having held the unified such as WBA, WBC, and IBF titles.
He was an amateur and the United States at the 1984 Summer Olympics was represented by Holyfield. While lifting the light heavyweight division he was felicitated with the bronze medal. He became a professional at just 21 years of age. In 1985 he moved up to cruiserweight.
After moving up to heavyweight in 1988, later in 1990 he defeated Buster Douglas to claim the unified heavyweight titles such as WBA, WBC and IBF and the undisputed heavyweight championship.
He succeeded in defending his titles thrice by scoring victories over former champions named George Foreman and Larry Holmes, before suffering his first professional loss to Riddick Bowe in the year 1992.
One year later the crown in a rematch was regained by Holyfield. He defeated Bowe for the WBA and IBF titles. Beforehand he relinquished the WBC title. In 1994 he lost these titles in an upset against Michael Moorer.
Remarkable achievements by Holyfield which made him popular
On November 15, 1984, he became a professional light heavyweight lifter with a televised win in almost six rounds over Lionel Byarm at Madison Square Garden, New York. The reasons are in a multitude why Evander Holyfield net worth is in millions.
On January 20, 1985, he became the winner of another six-round decision over Eric Winbush which took place in Atlantic City, New Jersey. On March 13, Fred Brown was knocked out by him in the first round which took place in Norfolk, Virginia.
On April 20, Mark Rivera was knocked out by him in two rounds which took place in Corpus Christi, Texas. Both he and his next opponent, Tyrone Booze, shifted to the cruiserweight division for their fight which would take place on July 20, 1985, in Norfolk, Virginia.
Holyfield became the winner on an eight-round decision over Booze. On August 29 in the first round which took place in his hometown of Atlanta, he went on to knock out Rick Myers. Jeff Meachem, who was his opponent, was knocked out by him on October 30.
On October 30 in Atlantic City, Jeff Meachem was knocked out by Holyfield in five rounds. On December 21, his last fight in 1985 took place against Anthony Davis in Virginia Beach, Virginia. He became the winner after knocking out Davis in the fourth round.
Chanda Mutti, who was a former world cruiserweight challenger, got knocked out by him in three rounds in 1986. Before achieving a world title try by the WBA Cruiserweight Champion Dwight Muhammad Qawi he also defended Jessy Shelby and Terry Mims.
After defeating Qawi by a narrow 15 round split decision he won the title of world champion by The Ring as the best cruiserweight bout of the 1980s. During his culmination with a trip to Paris in the year, he defeated the powerful Mike Brothers by a knockout in three, in a non-title bout.
Henry Tillman who was a former Olympic teammate and a Gold medal winner who also had defeated Mike Tyson twice as an amateur was defended by Holyfield in 1987. After unifying his WBA belt with the IBF belt held by Ricky Parkey he became the winner of a seventh-round knockout by knocking Parkey in three rounds. Later he also retained his belt.
In France after retaining the title with an eleven-round knockout against former world champion Ossie Ocasio for his next bout. The last fight took place in 1987 between him and Muhammad Qawi. It was a rematch between both of them and this time, he beat Qawi by a knockout in just four rounds.
In 1988 Holyfield achieved the title of the first universally recognized World Cruiserweight Champion after defeating the Lineal & WBC Champion Carlos De León which took place in Las Vegas. After eight rounds the fight was stopped.
Few regular updates about Holyfield
Bernard Holyfield is Evander Holyfield’s elder brother who is an actor as well as a dancer. They currently reside and train in Fayette County, Georgia. Candi, who was his third wife, got him two children after which they both got separated.
Holyfield is the father of eleven children with six different women. Evander became a professional boxer after following in his father’s footsteps. Elijah, who is another son, was a football player at the University of Georgia.
He has been a Christian since birth. He is the founder of Real Deal Records which signed the briefly successful group regarded as Exhale. Zaxby’s, which is one of the famous restaurants, has hired him for doing television ads. He was amongst several celebrities to be given that opportunity in late 2007 and early 2008
In 2017, Brian Hanlon designed a statue of Evander Holyfield. The funding was done by the city of Atlanta for installation in Downtown Atlanta. Although the statue was in storage in 2019.
By 1992 he was amongst the celebrities who were often chosen by brands for endorsing multiple products such as Coca-Cola and Diet Coke on television. The video game Sega Genesis and the Sega Game Gear: Evander Holyfield’s Real Deal Boxing was also released in that particular year.
In 1996 Holyfield was bestowed with the opportunity for carrying the Olympic torch since it had been on its way to his hometown of Atlanta for that year’s Olympics. On October 4 of that particular year, he got married to Dr Janice Itson, with whom he had one child.
On September 22, 2007, the release of the Real Deal Grill cooking appliance via TV infomercials was done by him. Airtran Corp is the manufacturer of The Real Deal Grill.
Times of financial strain in Holyfield’s life
In June 2008, Washington Mutual Bank sent a legal notice to Holyfield that his $10 million, 54,000-square-foot (5,000 m2), 109-room, 17-bathroom suburban Atlanta estate would have to be put on auction on July 1, 2008. The major reason which came out for auction was due to foreclosure, shortly before the insolvency of the bank.
The house was finally acquired by Rapper Rick Ross. The mother of his then 10-year-old son, Toi Irvin, filed a suit against him for non-payment of two months’ child support since he used to pay $3,000 per month for this child and this served as an addition to his financial problems.
Due to unpaid debt for services to his firm, a Utah landscaping company was also shifted to court seeking $550,000. Due to frivolous spending, multiple failures of business ventures, constant child support payments, and his three divorces, among other things his fortune was completely drained.
In 2012 The Independent described Holyfield as “flat broke and bankrupt” despite having earned approximately £350 million (US$513 million) over his career in boxing.
According to the reports in 2019, Evander Holyfield net worth was about $1.2 million a year, he used to earn money mostly through personal appearances.
Frequently Asked Questions (FAQs)
Q1. Is it true that Tyson beat Holyfield twice?
A: Evander Holyfield’s fights have never been low. In 1993 during his clash with Riddick Bowe ‘The Fan Man’ gatecrashed him. In 1999 the controversy which brewed between him and Lennox Lewis is still talked about even though it took place almost 20 years later. And he was beaten by Mike Tyson twice.
Q2. Does Evander Holyfield do weight lifting?
A: According to the interview which took place on Dec. 6, 1988, as an edition of “The New York Times.” The strategy of Holyfield’s training was outlined by Hallmark. His training session includes a two-hour early morning strength training session thrice a week with the usage of free weights and resistance machines.
Q3. Are Mike Tyson and Evander Holyfield friends?
A: Ever since their rise in the boxing world there has been an intense rivalry between Mike Tyson and Evander Holyfield. Although they might have been good friends now once there was nothing in their relationship except a bitter rivalry.
Q4. Is it true that Evander Holyfield has lost one of his ears?
A: During the infamous ‘Bite Fight’, Holyfield has lost part of his ear that was spat out on the floor by Tyson. Although attempts were made to reattach it, a chunk was too far gone so it immediately failed.
Q5. What is the weight and height of Evander Holyfield?
A: The height of Evander Holyfield was 1.89m on the other hand, he weighed 102 kg. Check more about Evander Holyfield on his Instagram account @evanderholyfield.
Evander Holyfield is the only boxer in history who is the winner of the undisputed champion in two weight classes in the three belt era. Evander became a professional boxer after following in his father’s footsteps.
After defeating John Ruiz for the vacant WBA title, he became the first boxer in history who won a version of the heavyweight title four times. The last fight took place in 1987 between him and Muhammad Qawi. It was a rematch between both of them and this time, he beat Qawi by a knockout in just four rounds.
In 2005, Holyfield made an appearance in fifth place on ABC’s famous Dancing with the Stars with his partner Edyta Sliwinska. He also starred in the original BBC Strictly Come Dancing “Champion of Champions” showdown. The reasons are in a multitude why Evander Holyfield net worth is in millions.
He is the founder of Real Deal Records which signed the briefly successful group regarded as Exhale. The reasons are in a multitude why Evander Holyfield net worth is in millions. The first television show in which he made an appearance was the Christmas special of the Fresh Prince of Bel-Air took place in the year 1990, playing himself.
In 1994 he appeared as a guest on the third season of Nickelodeon’s Nickelodeon GUTS. In the episode, he plays the role of an animated character but the producer desired to make the most of Holyfield’s ear, so his animated character was only allotted half an ear. The reasons are in a multitude why Evander Holyfield net worth is in millions.